Is Czech Republic expensive to live in?

No, the Czech Republic is not expensive to live in, especially compared to the US. Overall, prices are about 31% lower than in the United States, with a price index of 69 (US = 100). This means everyday goods and services cost significantly less. Rent is a big factor, and it's where you'll see major savings. Rent in Czech Republic is roughly 65% lower than in the US. For example, a one-bedroom apartment in Prague's city center might cost around $800-$1,000, while outside the center, it could be $600-$800. Utilities are also cheaper, often 30-40% less. Food and transportation are budget-friendly too. Groceries can be 40-50% lower, and a monthly public transport pass in Prague is around $25-$30. Income tax rates start at 15% for lower incomes, increasing to 23% for higher earners, which is competitive. So, if you're looking for an affordable European experience, the Czech Republic offers a high quality of life without breaking the bank.