Is Prague 12 (Modřany) Expensive?

Prague, Czech Republic

-25% vs Prague avg

Living in Prague 12 (Modřany), Prague

Prague 12 (Modřany) is one of the most affordable neighborhoods in Prague, with a cost of living index of 23.0 — that is -25% compared to the Prague average. Ranked #17 of 18, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around Kč 13,825/month, compared to a range of Kč 13,272 in Prague 13 (Stodůlky) to Kč 23,964 in Prague 1 (Old Town).

Monthly Budget Breakdown

For a typical resident of Prague 12 (Modřany), housing takes up roughly 34% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately Kč 553,012 before tax.

Typical Salaries in Prague 12 (Modřany)

Salaries in Prague 12 (Modřany) reflect the local cost of living. Based on the neighborhood COLI of 23.0:

After tax and deductions of 26.0% in Czech Republic, take-home pay for someone earning Kč 553,012 would be roughly Kč 409,229/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

23.0
COLI Index
0.75x
vs City Avg
Kč 13,825
Est. 1BR Rent
#17
of 18 Areas
26.0%
Total Deductions

Tax & Deductions in Prague 12 (Modřany)

Estimated annual deductions on a Kč 397,477 salary in Prague 12 (Modřany), Prague (local employee).

Income Tax
15%
Social + Health Insurance
11.0%
Total Deductions: 26.0%
Est. Take-Home: Kč 294,133/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Prague 12 (Modřany) would need to be elsewhere:

City Currency Equivalent
New York USD $17,250
London GBP £14,845
Dubai AED AED 86,315

Other Neighborhoods in Prague

Neighborhood COLI Multiplier vs Avg
Prague 1 (Old Town) 39.8 1.30x +30%
Prague 2 (Vinohrady) 36.1 1.18x +18%
Prague 6 (Dejvice) 34.3 1.12x +12%
Bubeneč 34.3 1.12x +12%
Letná 33.7 1.10x +10%

View all 18 neighborhoods in Prague →

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Compare Prague 12 (Modřany)

Prague 12 (Modřany) vs Prague 11 (Chodov) Prague 12 (Modřany) vs Prague 13 (Stodůlky)

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Prague 12 (Modřany):

District III (Óbuda), Budapest Peristeri, Athens Luis Donaldo Colosio, Playa del Carmen Haabersti, Tallinn Maryland, Lagos Paranaque, Manila

Frequently Asked Questions

Is Prague 12 (Modřany) expensive in Prague?

Prague 12 (Modřany) is one of the more affordable neighborhoods in Prague. It costs about -25% less than the city average, ranking #17 out of 18 neighborhoods.

How does Prague 12 (Modřany) compare to the Prague average?

The cost of living in Prague 12 (Modřany) is well below the Prague average. With a multiplier of 0.75x, everyday expenses including rent, food, and transportation are -25% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.