New YorkvsPrague
Overall
💰-45.0%
New York is 45.0%cheaper
Rent
🏠-55.0%
Housing is 55.0% lower
Dining
🍽️-55.0%
Restaurants 55.0% cheaper
Groceries
🛒-50.0%
Food shopping 50.0% less
Comparing the cost of living between New York, United States and Prague, Czech Republic reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that New York is more affordable than Prague by approximately 45.0%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in New York are higher than in Prague by 122%. A one-bedroom apartment in New York's city center costs around $3,500, while the same in Prague is approximately CZK 20,000.
Dining out in New York is notably more expensive compared to Prague. An inexpensive restaurant meal costs $20 in New York versus CZK 150 in Prague.
Public transportation in New York is more affordable, with monthly passes at $127 compared to CZK 550 in Prague.
Purchasing power in New York is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Prague.
Grocery shopping in New York is more expensive by approximately 100%. Basic items like milk, bread, and eggs show higher prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in New York can expect to spend approximately $779 per month (excluding rent), while in Prague, the same lifestyle would cost around CZK 9,098. For families, these figures increase significantly, with a family of four requiring about $2,727 monthly in New York versus CZK 31,843 in Prague. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Prague to New York, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from New York to Prague requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
New York
Prague
Frequently Asked Questions
Is New York more expensive than Prague?
No, New York is approximately 45.0% cheaper than Prague. You'll find significant savings in housing, food, and transportation costs.
How much salary do I need in New York compared to Prague?
To maintain the same standard of living, you would need approximately 69% of your Prague salary when living in New York. For example, if you earn $50,000 in Prague, you'd need about $34,483 in New York for a comparable lifestyle.
What are the biggest cost differences between New York and Prague?
The most significant cost difference is in dining out. Restaurant prices vary by about 122%, which can significantly impact your entertainment budget. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
New York offers better purchasing power, making it more attractive for those earning in strong currencies. However, New York provides lower living costs, which benefits budget-conscious travelers. Consider New York if you prioritize earning potential, or Prague for affordability.
What's a reasonable monthly budget for New York vs Prague?
In New York, a single person needs approximately $3,279 per month (including rent), while a family of four requires about $7,227. In Prague, these figures are CZK 24,098 for singles and CZK 56,843 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between New York and Prague in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
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Find out how much you need to earn in Prague to maintain your lifestyle from New York
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