How much does the average person make in Czech Republic?

What is average wage in Czech Republic? Average Wages in Czech Republic decreased to 35285 CZK/Month (1626.412 USD/Month) in the first quarter of 2021. The maximum rate of average wage for employees was 38525 CZK/Month and minimum was 6001 CZK/Month. Data published Quarterly by Statistical Office.

What is the average income in Czech Republic?

The gross median salary in the Czech Republic last year was CZK 36,503. This means half of employees earned approximately CZK 29,300 in net terms. The conversion to net wages is based on the lower income tax, which has been valid from January.

What is a decent salary in Prague?

Average Salary in Prague, Czech Republic.

Currently, the average salary in Prague is of around 30,000 CZK per month. Those are net figures and equivalent to slightly less than 1305 US dollars per month.

Why are salaries so low in Czech Republic?

Psychological / historical motives. Weak position of trade unions. Czech people are reluctant / afraid to negotiate for higher salaries. Slow growth of labor productivity.

How much is a good salary in Czech Republic?

How much is average wage for high skilled employees in Czech Republic? Average wages for high skilled employees in Czech Republic increased to 35400 CZK/Month (1486.93 USD/Month). The maximum level was 35400 CZK/Month and minimum was 29500 CZK/Month. Data published Yearly by Wageindicator Foundation.

IT IS INTERESTING:  Quick Answer: What is a Czech glass pearls?

Is it expensive to live in Czech Republic?

Living costs in the Czech Republic are considered to be affordable. The average living costs range from 350 to 750 USD per month, including meals, accommodation, public transport and culture.

How much is rent in Prague?

Cost of Living in Prague, Czech Republic

Food Price [EDIT]
1 bedroom flat (40 m2) rent per month 650.00 USD
1 bedroom flat (40 m2) utilities per month 140.00 USD
2 bedroom flat (80 m2) rent per month 1,071.00 USD
2 bedroom flat (80 m2) utilities per month 215.00 USD

Is Czech Republic a poor country?

The Czech Republic is a developed country with a high-income economy. … Czech Republic has the lowest minimum wage based on the median national wage, and legislation of minimum wages prevent related issues of poverty. The country has a prosperous market economy with one of the highest GDP growth rates.

What’s the minimum wage in Prague?

Czech government approves minimum monthly wage rise to $739 from January. PRAGUE (Reuters) – The Czech government has approved a rise in the minimum gross monthly wage by 1,000 crowns to 16,200 crowns ($739) from January, Deputy Prime Minister Karel Havlicek told Reuters.

What is considered rich in Czech Republic?

The average wealth of Czech citizens last year reached 434,000 crowns (around 16,785 euros). In 2017, that figure stood at 390,000 crowns (15,290 euros). At the same time, the Czech population’s debt amounted to 34.6 percent, which is significantly higher that the eastern European average of 23.6 percent.

How much do Czech factory workers make?

Wages in Manufacturing in Czech Republic averaged 23154.07 CZK/Month from 2000 until 2021, reaching an all time high of 36563 CZK/Month in the fourth quarter of 2020 and a record low of 11827 CZK/Month in the first quarter of 2000.

IT IS INTERESTING:  Best answer: How many sunny days does Czech Republic have?

How much can a Czech student earn?

International students studying in Prague and other cities of The Czech Republic are allowed to work part-time and get paid approximately 100CZK an hour. The only requirement is that the work should not affect the student’s academics.