The Czech Republic, also known as Czechia, is a small country in the heart of Europe. It has an advanced economy and a high standard of living. In fact, it is one of the most stable and prosperous of the post-communist states.
ABOUT CZ
Looking at living standards in Europe
Quality of life in the Czech Republic is traditionally very high
Czech Republic is a country of diverse – from the oldest university in Central Europe and 2000+ castles and chateaux which is more than in any other country in Europe.
This small country is significant for its amazing nature – almost entire country is surrounded by mountains. Historical cities and good beer are last but not least to mention. It attracts tourists and professionals from all over the world who come to visit, live, work or study to this beautiful country.
This small country is significant for its amazing nature – almost entire country is surrounded by mountains. Historical cities and good beer are last but not least to mention. It attracts tourists and professionals from all over the world who come to visit, live, work or study to this beautiful country.
350
Is the total number of R&D, Technology, Development and Business Services centers in CZ.
145K
Total number of people working for R&D, Technology, Development and Business Services centers in CZ.
17%
~ 24,000 of employees of local R&D centers are foreigners.
26%
33
Of them are from outside the European Union.
Is the average age of foreign IT Experts.
75% of automated driving and parking systems in Automotive is developed in the Czech Republic. These systems are implemented by such Automotive giants as Daimler, BMW, VW, and others.
Development of Automotive Technologies
If you have ever bought anything on eBay, most likely, a marketing campaign for this was designed in Prague. Major marketing agencies cooperate with global brands from various business areas.
Large Marketing Agencies
Secondary driving systems for Siemens Velaro High-Speed Trains operated in Spain, Turkey, Russia, or China are developed and tested at Siemens’ Prague R&D center.
Technologies For Public Transport
All this has been developed or designed in the Czech Republic
BY THE WAY
The average cost of renting a studio, measuring 30 m² and within a radius of less than 5 km from the city center.
Prague
€720
Berlin
€992
Moscow
€833
London
€1560
Housing
Prague
€12
Berlin
€61
Moscow
€23
London
€153
Transportation
An annual subscription with a monthly payment is significantly cheaper than in many other European countries.
Prague
€15
Berlin
€15
Moscow
€22
London
€21
Food
The cost of a standard lunch in an ordinary restaurant in Prague is about the same as in many other European capitals
Prague
€100
Berlin
€100
Moscow
€100
London
€65
Clothes
Using the example of Nike brand shoes, it can be understood that prices in the European region are about the same
Prague
€6
Berlin
€9
Moscow
€11
London
€6
Entertainment
A movie ticket to a resident of Prague will cost almost 2 times cheaper than in other major cities.
Prague
€1327
Berlin
€1809
Moscow
€1515
London
€2725
Summary
Summing up, it can be understood that for a comfortable life in the Czech Republic, the average salary that developers in the Czech Republic have is quite enough.
Looking at living standards in Europe
Rent in Prague is, on average, 74.17% lower than in New York, 27% lower than in Berlin and 33% lower than in Moscow.
Prague is 48.95% less expensive than New York.
Local beer is probably the best in the world and definitely one of the cheapest.
It’s only 8 hours driving to the nearest sea shore.
Entire infrastructure such as motorways, railways or air travel is highly developed and reliable.
The Czech Republic ranks 9th in the world in terms of security and 4th in Europe.
You can get to most of European cities for less than 2 hours by plane.
Quality of life in the Czech Republic is traditionally very high
Michael Valeš
IT Recruiter
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