Salary Equivalence

Prague vs London

Quick answer
Kč120,000 in Prague ≈ Kč197,520 in London

Salary equivalence calculator

Kč197,520

Price-level ratio 1.646. Adjust to recalculate.

MetricPragueLondonDifference
Price level index (NYC=100)50.082.3+64.6%
Rent index (NYC=100)40.074.6+86.5%
Equivalent of Kč120,000Kč120,000Kč197,520costlier
  • London is about 65% more expensive than Prague, so you need a higher nominal salary to break even.

How far does your salary go in London?

Moving from Prague to London changes your cost of living in ways a currency conversion can't capture. What matters is purchasing power: how much the same basket of housing, food, transport and services costs in each place. On our index, where New York City = 100, Prague sits at 50.0 and London at 82.3.

That makes London roughly 65% more expensive. A salary of Kč120,000 in Prague translates to about Kč197,520 in London. Above that and you gain in real terms; below it and you take an effective pay cut.

Housing drives the gap

Rent is the largest and most variable line in most budgets. London's rent index is 74.6 versus Prague's 40.0.

Common mistakes

  • Converting currency instead of purchasing power.
  • Ignoring taxes, which vary by jurisdiction.
  • Forgetting one-off relocation costs.

Bottom line

London is about 65% more expensive than Prague, so you need a higher nominal salary to break even. Use the calculator to plug in your real salary and compare against any concrete offer.

Rent equivalence: Prague vs London

Kč3,730

Based on the rent-index ratio of 1.865 (Prague 40.0 vs London 74.6, NYC = 100).

Housing is usually the biggest single difference between two cities, and it moves independently of the overall price level. Renting the equivalent home in London costs about 87% more than in Prague. Enter your actual rent above to see what a like-for-like place would cost after you move — a more honest gauge of affordability than a raw salary conversion, since renters and owners feel very different impacts.

Frequently asked questions

What salary do I need in London to match Prague?

To keep the same standard of living as Kč120,000 in Prague, you would need roughly Kč197,520 in London, a price-level ratio of 1.65.

Is London more expensive than Prague?

Yes, by about 65% on the overall price level.

How much is rent in London compared to Prague?

Rent in London is about 87% higher than in Prague (rent indices 40.0 vs 74.6, NYC = 100). Use the rent calculator on this page for your exact figure.

How is the equivalent salary calculated?

We multiply your salary by the ratio of the two cities' composite price-level indices (housing, food, transport, services), benchmarked so New York City = 100.

Methodology

We build a composite price-level index for each city from official regional price parities and international purchasing-power parities across housing, food, transport and services, normalized so New York City = 100. The equivalent salary is your salary multiplied by the ratio of the destination index to the origin index. It estimates the income needed to hold real purchasing power constant and does not model taxes.

DE
Dr. Elena Vasquez
Lead Economist, Cost-of-Living Research

Elena holds a PhD in Economics and has spent 12 years modelling purchasing-power parity and regional price indices.

PhD Economics, LSEFormer OECD statistics fellow
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01
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