Is Prague 1 (Old Town) or Prague 3 (Žižkov) cheaper in Prague?

Prague 3 (Žižkov) is approximately 27% cheaper than Prague 1 (Old Town) in Prague, based on rent and local cost-of-living multipliers.

What is the rent difference between Prague 1 (Old Town) and Prague 3 (Žižkov) in Prague?

Estimated 1-bedroom rent in Prague 1 (Old Town) is Kč 23,964/month, compared to Kč 17,512/month in Prague 3 (Žižkov).

What are the cost-of-living multipliers for Prague 1 (Old Town) and Prague 3 (Žižkov)?

Prague 1 (Old Town) has a cost multiplier of 1.30x and Prague 3 (Žižkov) has 0.95x relative to the Prague average. Higher multipliers mean higher living costs in that neighborhood.

What salary do I need in Prague 1 (Old Town) vs Prague 3 (Žižkov)?

A $75,000 USD salary is equivalent to approximately Kč 687,809 in Prague 1 (Old Town) and Kč 502,895 in Prague 3 (Žižkov), after adjusting for neighborhood-level cost of living in Prague.

How do I compare the cost of living between Prague 1 (Old Town) and Prague 3 (Žižkov)?

Use the salary converter at salary-converter.com to compare Prague 1 (Old Town) and Prague 3 (Žižkov) in Prague. The tool accounts for rent, groceries, transport, utilities, healthcare, and tax differences at the neighborhood level.

Prague 1 (Old Town) vs Prague 3 (Žižkov)

Neighborhood comparison in Prague, Czech Republic

Prague 1 (Old Town)

39.8

COLI Index

More Expensive

Prague 3 (Žižkov)

29.1

COLI Index

More Affordable

Side-by-Side Comparison

1.30x

Prague 1 (Old Town) Multiplier

0.95x

Prague 3 (Žižkov) Multiplier

Kč 23,964

Est. 1BR Rent

Kč 17,512

Est. 1BR Rent

Kč 687,809

$75K Equivalent

Kč 502,895

$75K Equivalent

Cost Comparison

Prague 1 (Old Town)

1.30x

Prague 3 (Žižkov)

0.95x

Prague 1 (Old Town) is 27% more expensive than Prague 3 (Žižkov) within Prague. Living in Prague 3 (Žižkov) instead of Prague 1 (Old Town) could save you significantly on rent and daily expenses.

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More Comparisons in Prague

Prague 1 (Old Town) vs Prague 6 (Dejvice) Prague 3 (Žižkov) vs Prague 13 (Stodůlky) Prague 11 (Chodov) vs Prague 12 (Modřany) Prague 1 (Old Town) vs Prague 13 (Stodůlky) Prague 12 (Modřany) vs Prague 13 (Stodůlky) Prague 1 (Old Town) vs Prague 2 (Vinohrady) Prague 2 (Vinohrady) vs Prague 6 (Dejvice) Prague 11 (Chodov) vs Prague 13 (Stodůlky)

More Neighborhoods in Prague

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Data Sources: Cost of living data from Numbeo · Expatistan. Rent from Numbeo Property Prices. Tax rates from OECD Taxing Wages. Salary data from BLS · Glassdoor. Exchange rates from the ECB. Updated 2026-02-28. All figures are estimates.