Prague costs €40–60/day on a budget, €100–150 mid-range, and €350+ for luxury. It remains one of Europe's best-value city break destinations in 2025.
Prague is one of Europe's most affordable city break destinations — a beautiful budget meal costs €5–9, Czech craft beer is €1.50–2.50 per 500ml, and world-class museums charge €5–12. Even mid-range travellers can eat and drink extraordinarily well for under €40/day on food and drink alone.
Czech koruna (CZK) is the currency — not euros, despite Czech Republic being in the EU. Exchange at banks or ATMs (avoid airport exchange booths with 10–15% commissions). Most restaurants and hotels now accept cards, but local pubs and market stalls are often cash-only.
Is Prague more expensive than Budapest?
Slightly — accommodation in Prague averages 10–20% more than Budapest, and beer is comparable. Both are dramatically cheaper than Vienna or Paris. Prague's tourist infrastructure is more developed, which means slightly higher prices in the most visited areas.
What is the Czech koruna exchange rate?
In 2025, approximately CZK 25 = €1 = $1.10 USD. Always pay in CZK rather than accepting "dynamic currency conversion" to euros or dollars at point of sale — the conversion rate offered is typically 5–8% worse than the interbank rate.
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Go prepared — know the fair price before you land
Check real taxi fares and local tipping customs for Prague — so you never overpay on your first ride or leave an awkward tip.