Prague is now the region’s most expensive city—does it still make sense to stay?

Rents and groceries are rising faster than wages, pushing Prague past its regional peers and forcing residents to rethink whether it still delivers value.

Thomas Smith

Written by Thomas Smith Published on 29.01.2026 10:51:00 (updated on 29.01.2026) Reading time: 4 minutes

Housing Business & Money
Shutterstock by Pixel-Shot
Shutterstock by Pixel-Shot

Czechs will quickly correct you if you call their country “Eastern European.” It’s Central Europe, they’ll insist, and has been long before the Iron Curtain fell.

But when it comes to the cost of everyday life, Prague may want to rethink that geographic pride. New cost-of-living data suggests the Czech capital has quietly become the most expensive city across the entire Central and Eastern European region, surpassing Warsaw, Bratislava, and Budapest.

#apartment prices #business #cost of living #czech economy #economy #Finance #index #Money Matters #real estate #renting
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