As the official currency, the Czech crown is the best and often the only possible currency to use when paying. Although the Czech Republic is part of the European Union, the euro is not widely accepted here. Some stores, restaurants and hotels accept payments in euros but the exchange rate may not be very favorable.
While being in Prague , you can use Czech Koruna (CZK), which is also known as Czech Crown, for any of your payments. Euros are accepted at some establishments but with low exchange rates. So, it is much better if you use korunas rather than euros.
An average tourist will spend around 2500 CZK (100 EUR) per person per day. The lowest daily budget can be as low as 900 CZK if you stay at hostels, eat takeaways and use public transport. If you stay in private accommodation, eat at average restaurants but control your budget you can get by on 2500 CZK a day.
Euros are not generally accepted in Prague or Budapest . Crown (koruna) or forint. There are some places which would accept Euro but the exchange course is in their advantage, not yours. I always use local currency.
Prague can be a very cheap city to visit but it can also be very expensive . It depends where you pull out your wallet. Because there are so many tourists and almost all of them visit the same few sites, it is just good business sense for a shop or restaurant owner to raise their prices and collect as much as they can.
Are you looking at sampling the best food Prague has to offer? From traditional goulash to pickled cheese, this is what to eat in Prague! Trdelník (chimney cake) Chlebíčky (an open-faced sandwich) Goulash . Grilované klobásy (grilled sausage) Palačinky (Czech pancakes) Svíčková (braised beef ) with dumplings .
Tipping in restaurants is the norm. But you , a tourist, should tip around 10% – 15%. For an average meal it is simplest to round up to the nearest 20 CZK or 100 CZK. A meal for two with a couple of beers will cost around 270 CZK – give the waiter 300 CZK and he will not frown or imagine you in a coffin.
Food and drink in most restaurants, cafés and shops in Prague is cheaper than in Western Europe. Cash machines in Prague accept debit and credit cards backed by Visa, Mastercard, American Express and Maestro.
The Prague airport is located about 15 km/9 miles from the city center . It takes approximately 25 – 30 minutes (40 minutes in heavy traffic) to reach the center by car and about 30 minutes on public transport (bus + subway).
For most of the tourists (I mean especially western Europeans, US) Prague should be cheaper (probably much cheaper ) than at home. But be careful, there are many places where they want your money and don’t shy to ask for two or three times higher prices than is common.
Rent in Czech Republic is, on average, 52.19% lower than in United States. Cost of Living in Czech Republic .
|Domestic Beer (1 pint draught)||35.00Kč|
|Imported Beer (12 oz small bottle)||40.00Kč|
|Coke /Pepsi (12 oz small bottle)||31.35Kč|
Examples of food prices in a tourist restaurant in the center of Prague . Steaks 7,9 USD = 170 CZK per 200gr. Salads 5,1 – 8,9 USD = 110 – 190 CZK for 200-400gr. Dishes with fish 7,9 – 10,7 USD = 170 – 230 CZK per 200g.
Based on the spending habits of previous travelers, when dining out an average meal in Prague should cost around Kč196 per person. Breakfast prices are usually a little cheaper than lunch or dinner . The price of food in sit-down restaurants in Prague is often higher than fast food prices or street food prices .
Both cash and card are widely accepted in Budapest with ATMs all over the city and the majority of shops and restaurants taking Mastercard and Visa. Small businesses might have minimum payments or only accept cash so it is best to have a little of both.
Don’t expect to be able to use euros in Budapest . Hungary’s unit of currency is the forint. Despite being a part of the European Union, Hungary does not use the euro . Ninety percent of the places you do business with in Budapest don’t accept euros .