What Are The Prices In Prague?
EMERGENCY ANSWER: If you are reading this on your mobile device because you are buying something in Prague and need to figure out whether you are being ripped off - use this as an comparison: a Big Mac, medium fries and coke costs around 100 CZK. So if you are buying a toothbrush from a street vendor for 2500 CZK the bristles better be real gold.
The Czech Republic is a member of the European Union but the national currency is not the Euro. For the Czech people this means they have control over their economy, but for you it means you will need to convert your currency to the Koruna (CZK) and make a quick calculation every time you see a price tag.
Compared to the rest of the western world (US, Britain, Germany, etc.) in the Czech Republic:
The following cost slightly more in Czech:
- Brand name Clothes
- Brand name groceries
- Anything imported
The following cost a lot less in Czech:
- Restaurant food
- Anything localy made
If you are the type of person who goes on vacation to shop for inexpensive electronics and clothes then Czech is not the best vacation destination. But if you like to sit down at a restaurant, enjoy a local dish, wash it down with beer, and relax by blowing smoke rings then Prague is paradise.
But don’t worry if you forget your shaver at home, it will not cost you that much more in Prague. Neither will a pair of pants or a souvenir ‘czech me out’ t-shirt. A rough estimate is a 10% price increase for these kinds of products. In other words, if you are going on a world tour and you want to buy an iPhone and designer jeans wait until you reach Singapore.
On the other hand, beer costs a lot less than anywhere else in the world. Beer is considered a compliment to a meal and not an alcoholic drink - so it gets taxed less than in other countries.
Classic Czech meals in restaurants for locals cost less than for equally filling meals in other western countries. For $5 US you can enjoy a hearty lunch of pork, sauce, six dumplings and a half litre of beer. The trick is to visit non-tourist restaurants if you are hunting for inexpensive meals. Restaurants in tourist hot-spots near the Charles Bridge will not provide savings - the price can be twice as much just because you are near the Bridge. To save money avoid tourist hotels, restaurants, nightclubs, and shops. Ask locals where they eat.
For comparison with your hometown, here are common purchases to give you an idea of prices in Prague:
|THE PRICE OF:||PRICE CZK||PRICE ~ $US|
|Big Mac, Medium Fries and Coke||105||5.25|
|500 ml of beer draft (pint)||23||1.15|
|Pack of Marlboro||83||4.15|
|Classic Czech meal at restaurant- meat, sauce, dumplings||80||4|
|Metro pass to get from one side of Prague to the other||40||2|
|Taxi ride from airport to center (25km)||800||40|
|30 minute train ride to little village outside of Prague that has no tourists||40||2|
|Grande Latte at Starbucks||85||4.25|
|White 100% cotton men's t-shirt||190||9|
|Levis Red Tab men’s jeans||2000||100|
|20 minute private lap dance by topless stripper at popular cabaret (I've heard)||1500||75|
|Large sausage, bun and mustard at Vaclav's Square||40||2|