The popular image of Prague is that the city is rich and its citizens earn high salaries and have high living standard. The chapter asks two questions: Do higher average salaries of Prague citizens mean higher purchasing power? Are all citizens of Prague better-off than people living outside Prague? Examination of the data about both salaries and prices in Prague and in other Czech regions proves that the advantage of higher salaries in Prague is substantially devaluated high costs of housing and many services. The difference in purchasing power in and outside Prague is not as high as it seems from comparisons of salary levels. Differences in standard of living exist among different socio-economic groups within Prague itself. While managers and highly skilled experts earn much more in Prague than anywhere in the country, incomes of unskilled manual workers, low-skilled service workers or pensioners are only slightly higher in Prague, but expenditures in Prague are much.
Chapter in monograph
Kostelecký, Tomáš, Martina Mikeszová. 2010. „V Praze je blaze aneb co si myslíme o životě lidí žijícím v našem hlavním městě a co z toho je pravda.“ Pp. 131-150 in Maříková, H., T. Kostelecký, T. Lebeda, M. Škodová (eds.). Jaká je naše společnost. Otázky, které si často klademe…. Praha: Sociologické nakladatelství SLON. 446 s. ISBN 978-80-7419-025-4.
Part of publication:
Maříková, Hana, Tomáš Kostelecký ,Tomáš Lebeda, Markéta Škodová (eds.)
wages and incomes
standard of living