City Comparison · Updated May 2026
Portugal
COL index 71.2
Czech Republic
COL index 45.6
Lisbon vs Prague — Cost of Living, Salary & Tax Compared (2026)
The verdict
Living in Prague is 36.0% cheaper than Lisbon for the same lifestyle.
Based on Q1 2026 COL index and median single-person expenditure.
Side-by-side stats
| Lisbon | Metric | Prague | Δ |
|---|---|---|---|
| 71.2 | Cost of living index | 45.6 | -36.0% |
| €50,000 | Median gross salary | €50,000 | 0.0% |
| €32,496 | Net at €50,000 gross | €39,738 | +22.3% |
| €1,450 | Rent — 1BR centre | €920 | -36.6% |
| €2,014 | Monthly COL (single) | €1,394 | -30.8% |
| €45,641 | PPP — net / COL | €87,144 | +90.9% |
| 35.0% | Effective tax @ €50,000 | 20.5% | -41.4% |
Monthly expenses — paired
Salary equivalence
€50,000 gross in Portugal = €2,321 net monthly.
To have the same purchasing power in Prague, you would need roughly €26,188 gross in Czech Republic (≈ €1,734 net monthly, adjusted for cost-of-living index).
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Pros & cons
- −High rent-to-income ratio (62.5%)
- +14-month salary structure
- +Significantly cheaper rent (€920)
- +Low overall cost of living (index 46)
- +Favourable tax rate (20.5%)
The verdict
Across the data, Prague delivers a higher take-home on a €50,000 gross salary; Prague carries a lower cost-of-living index; Prague has the lighter effective tax burden; Prague wins on purchasing power after costs are netted out. If purchasing power is your north star, Prague edges it.
Frequently asked
Is Lisbon cheaper than Prague?+
Prague is cheaper. Cost-of-living index: Lisbon 71.2, Prague 45.6 — a 36.0% difference (Q1 2026).
What is the cost of living difference between Lisbon and Prague?+
Lisbon sits at 71.2 on our COL index, Prague at 45.6. That works out to roughly 36.0% — Prague being the cheaper of the two.
Is Lisbon a good place to live compared to Prague?+
It depends on priorities. Lisbon delivers €32,496 net on a €50,000 gross salary at a 35.0% effective tax rate. Prague delivers €39,738 at 20.5%. Centre 1-bed rent: €1,450 vs €920.
How do salaries compare in Lisbon vs Prague?+
On a €50,000 gross salary, take-home is €32,496/year (€2,321/month) in Lisbon and €39,738/year (€3,311/month) in Prague.
Which city has lower taxes, Lisbon or Prague?+
Czech Republic has the lower effective rate at €50,000: Portugal 35.0%, Czech Republic 20.5%.