Prague Compared to 11 European Cities: Housing, Jobs, Transport,

A new report from the Prague Institute of Planning and Development (IPR) compares life in Prague with 11 other European cities, following a typical resident’s day—from housing and commuting to work, education, and leisure. Based on verified data collected directly from partner cities, the study highlights both Prague’s strengths and its biggest challenges. Prague Has Some of Europe’s Least Affordable Housing The report found that Prague has the least affordable owner-occupied housing among the cities compared. Buying an apartment requires more than 13 years of gross salary, placing Prague alongside cities such as Barcelona, Munich, and Amsterdam. Unlike many Western European cities, Prague also lacks relatively affordable rental housing. Renting a 60-square-meter apartment costs around 40% of the average salary in Prague. By comparison, the same apartment would consume about 28% of average income in Munich and just 14% in Vienna. Strong Job Market, But Lower Incomes Prague continues to have one of the lowest unemployment rates in Europe, making it relatively easy to find work. However, real incomes remain below those of most Western European capitals. Workers in Munich earn roughly 50% more than those in Prague, while wages in cities such as Copenhagen have grown steadily over the...

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