Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Prague

Czech Republic

COL index 45.6

vs
Vienna

Austria

COL index 66.8

Prague vs Vienna — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Prague is 31.7% cheaper than Vienna for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for salaryBetter for cost
PragueMetricViennaΔ
45.6Cost of living index66.8+46.5%
€50,000Median gross salary€50,0000.0%
€39,738Net at €50,000 gross€32,660-17.8%
€920Rent — 1BR centre€1,480+60.9%
€1,394Monthly COL (single)€2,165+55.3%
€87,144PPP — net / COL€48,893-43.9%
20.5%Effective tax @ €50,00034.7%+69.0%
§ 02

Monthly expenses — paired

Prague Vienna
Rent — 1BR centre
Prague
€920
Vienna
€1,480
Groceries
Prague
€235
Vienna
€345
Utilities
Prague
€145
Vienna
€172
Transport
Prague
€42
Vienna
€88
Internet
Prague
€24
Vienna
€40
Gym
Prague
€28
Vienna
€40
§ 03

Salary equivalence

50,000 gross in Czech Republic = €3,311 net monthly.

To have the same purchasing power in Vienna, you would need roughly €105,189 gross in Austria (≈ €4,851 net monthly, adjusted for cost-of-living index).

€50,000
Prague
€39,738
Net annual · 20.5% effective
PPP-adjusted equivalent
€87,144
Vienna
€32,660
Net annual · 34.7% effective
PPP-adjusted equivalent
€48,893
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§ 04

Pros & cons

Prague
  • +Significantly cheaper rent (€920)
  • +Low overall cost of living (index 46)
  • +Favourable tax rate (20.5%)
Vienna
  • High rent-to-income ratio (54.4%)
§ 05

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.

§ 06

Frequently asked

Is Prague cheaper than Vienna?+

Prague is cheaper. Cost-of-living index: Prague 45.6, Vienna 66.8 — a 31.7% difference (Q1 2026).

What is the cost of living difference between Prague and Vienna?+

Prague sits at 45.6 on our COL index, Vienna at 66.8. That works out to roughly 31.7% — Prague being the cheaper of the two.

Is Prague a good place to live compared to Vienna?+

It depends on priorities. Prague delivers €39,738 net on a €50,000 gross salary at a 20.5% effective tax rate. Vienna delivers €32,660 at 34.7%. Centre 1-bed rent: €920 vs €1,480.

How do salaries compare in Prague vs Vienna?+

On a €50,000 gross salary, take-home is €39,738/year (€3,311/month) in Prague and €32,660/year (€2,722/month) in Vienna.

Which city has lower taxes, Prague or Vienna?+

Czech Republic has the lower effective rate at €50,000: Czech Republic 20.5%, Austria 34.7%.

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