Prague apartments remain Europe’s least affordable

Buying a 70 m² apartment in Prague now requires 14.8 average annual salaries, according to a CG Index analysis by Central Group. This is slightly less than in the first half of 2025 but approximately five salaries more than a decade ago. Prague, thus, remains the least affordable among European capitals and is less affordable than Bratislava (14.1), Munich (11.2), Warsaw (9.6), or Vienna (7.7).

Concerning the whole of Czechia, the 2025 Prosperity and Financial Health Index by Česká spořitelna and Europe in Data ranks Czech housing conditions as fifth worst in the EU, with the average apartment costing 13.6 annual salaries, up from 12.9 last year.

An OECD study shows that property prices and rents in Czechia have risen sharply in recent years, putting growing pressure on household budgets. The shortage of affordable housing affects young families, seniors, and vulnerable groups especially. Affordability is constrained by high demand, limited supply, and low-quality housing stock.