The Czech Republic has recently ranked 7th best EU country for young adults, offering a combination of low unemployment, affordable living, and high happiness levels. With an extensive labour market and strong educational opportunities, it has become an attractive destination for the younger generation looking to build a successful future.
The European Union consists of 27 states, each with different living standards that may vary from one country to another. Many crucial factors affect citizens’ futures and life satisfaction levels. Young adults often find themselves trapped in situations where their home country cannot provide them with valuable education or a competitive job market. As a result, they are forced to relocate to a different country offering better quality of life and development opportunities.
According to Statista, the unemployment rate among youth in the Czech Republic has decreased by 10% over the past decade, from 18.97% in 2013 to 8.28% in 2023. A new study conducted by Alorix, a company specialising in developing innovative mobile travel applications, reveals a 250% surge in searches for “Czech Republic universities” worldwide, highlighting the younger generation’s growing interest in considering the Czech Republic as a country where they not only want to study but also build a bright future.
Alorix ranked all 27 EU countries based on living conditions, evaluating six key factors that may impact the opportunities and motivation of young adults to become more culturally developed. These factors include the rental index, Big Macs per salary index, crime index, education index, unemployment rate, and the wold happiness index.
So, what makes the Czech Republic one of the best EU country for young adults?
The Czech Republic ranks #7 as the best European country for young adults. The country has the lowest unemployment rate of 2.77% among all 27 EU members. The government is committed to creating enough jobs to maintain such impressive results. Moreover, the Czech Republic’s stable economy attracts new companies, further expanding the local labour market. According to the European Commission, the job vacancy rate in Czechia was 3.7% in 2023, compared to the EU27 average of 2.8%, which proves that the country’s labour market is indeed extensive and diverse.
Czechia also has a low crime rate of 26.5, creating a secure environment for young adults to build a bright future. The European Commission reports that 330.65 theft cases per 100,000 inhabitants were registered in 2022, showing that young people can develop safely both intellectually and culturally.
A high happiness index of 6.82 demonstrates that the Czech population is satisfied with the living standards provided by the government. The low unemployment rate offers the local population the opportunity to find a stable income, contributing to peace of mind. Additionally, young adults have access to affordable, modern education, helping them build a successful future both within and outside the country.
With the ability to purchase 363 Big Macs with a monthly salary, Czech residents show decent purchasing power. The country is considered affordable compared to other EU countries, giving young adults the chance to save money on cultural activities, travel, and hobbies.
Best EU Country for Young Adults, by Alorix
- Netherlands
- Austria
- Poland
- Cyprus
- Luxembourg
- Finland
- Czech Republic
- Romania
- Germany
- Denmark
