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.
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.
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.
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.
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.
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 .
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.
Here are a few local Prague purchases to give you an idea of local item prices in Prague:
|THE PRICE OF:||PRICE CZK||€EUR|
|Classic Czech meal at restaurant- meat, sauce, dumplings||140||5.4|
|Large sausage, bun and mustard at Wenceslas Square||40||1.5|
|500 ml of beer draft (pint)||35||1.3|
|750ml bottle of wine good enough to bring to party||160||6.2|
Cost of Living in Czech Republic
|Coke /Pepsi (12 oz small bottle)||31.35Kč|
|Water (12 oz small bottle)||24.22Kč|
|Milk (regular), (1 gallon)||71.64Kč|
The rate of violent crime is low and most areas of Prague are safe to walk around even after dark. Be careful on Wenceslas Square. It is usually packed with tourists and the crowds make things easy for pickpockets. There have also been cases of trusting “love-seekers” being robbed of all their money at night .
In Prague , a great number of native citizens speak English at least a bit. And at the tourist hotspots, restaurants in the centre, hotels, and gift shops, knowledge of the English language is taken for granted. On the other hand, do not expect much English from the Czech police officers or bus drivers.
Prague is famous for well-preserved castles, Baroque and Gothic cathedrals, medieval squares, dreamy bridges, nightlife spots, and a lively arts scene. It’s known for its centuries of history and cultural heritage, where the medieval heart of Europe can be felt in its cobblestone streets.
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.
Since the Czech Republic was established in 1993 its official currency has been Korunas (abbreviated as Kč ) sometimes also referred to as Czech crowns . Notes come in 100, 200, 500, 1,000, 2,000 and 5,000 denominations. There are also 1, 2, 5, 10, 20 and 50 coins.