Average Salary in Prague, Czech Republic. Currently, the average salary in Prague is of around 30,000 CZK per month. Those are net figures and equivalent to slightly less than 1305 US dollars per month. As an expat, most employment opportunities are in Prague, however, the country also has other thriving cities.
How much salary is good in Prague?
The best salaries in the Czech Republic (and probably in most other countries too) can be generally found in IT and telecommunications sector, falling within the range of 1,300 - 3,200 EUR per month depending on a position and the experience level of the employee.
What is a good salary in Czech Republic?
Just over a quarter of all people in the Czech Republic earn between CZK 30,000 and CZK 40,000. The gross median salary in the Czech Republic last year was CZK 36,503. This means half of employees earned approximately CZK 29,300 in net terms.
Is 40000 CZK good salary?
As of 1st quarter of 2020, the gross average income in Prague was 42,760 CZK, so a 40,000 CZK net salary is slightly above the average net salary. Its nothing extraordinary, but it surely is decent. Prague is the most expensive city for living in Czechia.
Why are Czech salaries so low?
Psychological / historical motives. Weak position of trade unions. Czech people are reluctant / afraid to negotiate for higher salaries. Slow growth of labor productivity.
How much money do I need in Prague for 4 days?
An average tourist will spend around 2500 CZK (100 EUR) per person per day. The lowest daily budget can be as low as 900 CZK if you stay at hostels, eat takeaways and use public transport. If you stay in private accommodation, eat at average restaurants but control your budget, you can get by on 2500 CZK a day.
Is Czech rich or poor?
The Czech Republic is a developed country with a high-income economy. Its economy revolves around its employment rate, which the region is adamant on maintaining. With the pressure on public funds, Czech Republics focus has been on increasing employment levels rather than supporting the working poor.
Is healthcare free in Prague?
The Czech Republic provides free medical care to Czech citizens, permanent residents and foreigners working for a local company through compulsory contributions to an approved Czech health insurance company. The largest health insurance company is the state-owned Všeobecná zdravotní pojišťovna (VZP).