How Much Money Do I Need in Prague?

By Robert Palmer

When planning a trip to Prague, one of the questions that often comes up is, “How much money do I need?” It’s an important consideration as it will determine your budget for accommodation, food, transportation, and sightseeing. In this article, we’ll break down the various expenses you can expect in Prague and provide some tips on how to make the most of your money.

Accommodation Costs

Prague offers a range of accommodation options to suit every budget. From luxury hotels to budget hostels and Airbnb rentals, you have plenty of choices.

On average, a mid-range hotel in the city center can cost anywhere between 80-150 euros per night. If you’re on a tighter budget, consider staying in a hostel where prices start at around 10-20 euros per night.

Food and Drink

Prague has a vibrant food scene with a mix of traditional Czech cuisine and international options. Eating out in restaurants can vary in price depending on the type of establishment you choose. A meal at a mid-range restaurant will cost around 10-20 euros per person, while street food or local eateries offer cheaper alternatives starting from around 5 euros.

  • Tipping: It’s customary to leave a tip of around 10% for good service.
  • Water: Tap water is safe to drink in Prague, so save money by refilling your bottle instead of buying bottled water.

Transportation

Moving around Prague is relatively affordable compared to other European cities. The city has an extensive public transportation system consisting of trams, buses, and metro lines.

A single ticket costs approximately 1-2 euros, while day passes are available for around 4-5 euros. Consider purchasing a travel pass if you plan on using public transportation frequently during your stay.

Sightseeing

Prague is known for its rich history and stunning architecture, and luckily, many of its attractions are either free or have affordable entrance fees. The Prague Castle complex, for example, offers various ticket options ranging from 10-20 euros depending on which parts of the castle you wish to explore. Museums and galleries typically charge between 5-10 euros for admission.

Additional Tips

  • Exchange Rates: Be mindful of currency exchange rates when withdrawing money or exchanging cash. Look for reputable exchange offices or use ATMs to get the best rates.
  • Credit Cards: It’s advisable to carry some cash as smaller establishments may not accept credit cards.

    However, most restaurants, hotels, and shops in tourist areas do accept cards.

  • Budgeting: Plan your expenses in advance and set a daily budget to avoid overspending. This will help you make the most of your money while still enjoying everything Prague has to offer.

In conclusion, the amount of money you’ll need in Prague depends on your travel style and preferences. With careful planning and budgeting, it’s possible to have a fantastic time in this beautiful city without breaking the bank.

Take advantage of affordable accommodation options, sample local street food, utilize public transportation, and prioritize sightseeing according to your interests. By following these tips, you can make your trip to Prague both enjoyable and cost-effective!