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.
The currency in Prague is the Czech Crown (CZK). Some hotels, shops and restaurants accept Euros as well, but many only take Czech Crowns. Czech Crown (CZK) currency converter. At current exchange rates 1000 CZK = £34/€38/$48.
How much money will you need for your trip to Prague ? You should plan to spend around Kč2,040 ($95) per day on your vacation in Prague , which is the average daily price based on the expenses of other visitors.
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.
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 .
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 .
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.
The average price of a taxi ride from Prague airport to the city centre of Prague is 694 CZK (27€). Without traffic, the journey will take approximately 35 minutes.
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).
Though the cheapest overall, Prague was, however, deemed the most expensive city in Europe to buy a bottle of Champagne, with the average bottle reportedly costing £55.
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|
The capital city of Prague is the most expensive city in the country, and it is still cheaper than many European cities . After Prague , the most expensive cities in the country are Brno and Olomouc. Global consulting firm Mercer’s Cost of Living Ranking places Prague 83rd out of 209 cities worldwide.
Top 10 Things to Avoid in Prague Sightseeing. Wasting Time Waiting for the Cuckoo. Charles Bridge in the Middle of the Day. Getting around. Getting Pickpocketed on the 22 Tram. Getting Ripped off by Taxis. Shopping and money. Tacky Souvenir Shops. Rip-off Exchange Offices. U Fleku’s Pushy Waiters. Wenceslas Square Sausages. Restaurants on Old Town Square.
A new study by KPMG, based on data from 2014, reveals cigarettes in the Czech Republic are among the cheapest in Europe. While Czechs, on average, pay 75 crowns for a pack, in Norway, smokers more than three times as much.
Representatives of small and medium-size breweries claim that low beer prices have nothing to do with national sentiment. It’s purely a marketing strategy, they say, to push the small breweries out of business, because smaller breweries have higher production costs.