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Madrid vs Prague

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in Prague, CZ, you'd need

$58,900 / year

Prague, CZ is 21% cheaper overall

Category breakdown (Prague, CZ vs Madrid, ES)

  • Housing-27%
  • Food & groceries-22%
  • Transport-25%
  • Utilities-9%
  • Healthcare-19%
  • Goods & services-18%

Full comparison

Madrid, ESPrague, CZ
Cost of living
Overall cost index10381
Housing12088
Food10078
Transport8060
Utilities110100
Healthcare8065
Goods & services10082
Housing
Rent, 1-bed centre$1,300/mo$950/mo
Rent, 1-bed outside$950/mo$720/mo
Rent, 3-bed centre$2,600/mo$1,800/mo
Buy price / m² centre$6,000$5,500
Money & purchasing power
$1,000 goes as far as$971$1,236
Inexpensive meal$14$9
Monthly transit pass$60$25
Taxes
Income tax (top rate)47%23%
VAT / sales tax21%21%
Social security (employee)6.4%
Corporate tax25%21%
Capital gains28%
Economy & salaries
Avg net salary$1,900/mo$1,400/mo
Minimum wage$1,300/mo$800/mo
GDP per capita$38,627$31,368
Inflation (annual)2.7%2.4%
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowModerate
Coworking spaces7040
Time zoneUTC+1UTC+1
Quality of life
Safety index6275
Healthcare index8075
Pollution index4540
Internet speed200 Mbps150 Mbps
Walkability8882
Public transport9085
Family-friendly6870
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr80 yr
LGBTQ+ acceptanceHighModerate
Climate
January avg+6 °C0 °C
July avg+25 °C+19 °C
Sunny days / year250170
Rainfall / year420 mm500 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: Spain vs Czech Republic. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Moving from Madrid to Prague: cheaper or more expensive?

Moving from Madrid to Prague, your cost of living will be roughly 21% cheaper. Prague’s cost-of-living index is 81 versus 103 for Madrid (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Madrid cheaper than Prague?

Prague is about 21% cheaper than Madrid overall — its cost-of-living index is 81 versus 103 for Madrid.

How much do you need to earn in Prague to live like in Madrid?

To keep the same standard of living, a $75,000 salary in Madrid is worth about $58,900 in Prague. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Prague?

Czech Republic has the lower top income-tax rate — 23% versus 47% in Spain.

More comparisons from Madrid

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.