If you’re a beer lover, then Prague is a destination that should be on your travel list. The city is famous for its cheap beer, attracting tourists from around the world.
But why is beer so cheap in Prague? Let’s take a closer look.
History of Beer in Prague
Beer has been a significant part of Czech culture for centuries, with the first brewery established in 993 AD. The country’s capital, Prague, has a long history of brewing beer, with the first recorded mention of beer brewing dating back to the 12th century.
Competition Among Breweries
One reason why beer is cheap in Prague is due to the high level of competition among breweries. The city has numerous small and large breweries that are consistently trying to outdo each other by producing better quality and cheaper beer.
This competition has led to lower prices as breweries try to attract customers through price reduction. This intense competition also ensures that there are always new and exciting beers available for customers to try.
Low Cost of Living
Another factor contributing to cheap beer prices in Prague is the low cost of living compared to other European cities like Paris or London. This lower cost of living means that wages and rent for businesses such as bars and restaurants are relatively low, enabling them to sell their products at lower prices.
Taxation on Beer
The Czech government has implemented a lower tax rate on beer compared to other countries in Europe. This reduced tax rate enables breweries and pubs to sell their products at a cheaper price while still earning a profit.
Culture of Drinking Beer
Lastly, drinking beer is an integral part of Czech culture, with most locals enjoying it regularly. This cultural aspect means that there is always high demand for beer in Prague. The high demand combined with intense competition among breweries results in lower prices for beer.
Conclusion
In conclusion, cheap beer in Prague is due to a combination of factors such as intense competition among breweries, low cost of living, lower taxation on beer, and the cultural significance of beer drinking in the country. So if you’re looking for a place to enjoy quality beer without breaking the bank, Prague is definitely worth visiting.