Have you ever dreamed of visiting Prague? If so, you’re not alone. This enchanting city is one of the most popular tourist destinations in Europe and it has something for everyone. From its stunning architecture to its vibrant nightlife, it’s no wonder why so many people flock there each year. But what do you need to plan a trip to this city? How much money do you need for Prague? In this blog post, we will explore the costs associated with a trip to Prague and how you can save money while still having an unforgettable time. All prices are given in Czech koruna (CZK), the local currency; as a rough guide, divide by about 25 for the euro equivalent or 22 for US dollars.
How much money do you need for accommodation?
Accommodation is usually the biggest single cost of a Prague trip, and it varies widely by neighbourhood and season. A mid-range hotel room in or near the city centre typically starts at around CZK 2,500 to 4,500 per night, and rises from there for more central or more luxurious properties. Staying in Vinohrady or Žižkov rather than the Old Town, a 15 to 20 minute tram ride out, can roughly halve that for equivalent quality.
If you’re on a budget, there are still plenty of options. Hostel dormitory beds in the city centre start at around CZK 450 to 700 per night, and there are Airbnbs and guesthouses (pensions) at reasonable prices too. Just be sure to do your research before booking, as Prague has its share of scams. Prices climb sharply in peak summer (July and August) and around the December Christmas markets, and fall to their lowest in January and February.
Ultimately, how much you need for accommodation depends on your budget and what kind of experience you’re looking for. The where to stay in Prague guide covers each neighbourhood and price range in detail.
How much money do you need for food and drink?
When it comes to food and drink, Prague is a relatively affordable city, provided you eat where the locals do rather than on the Old Town Square. The single best value is the daily lunch menu (denní menu) offered by local restaurants Monday to Friday, typically CZK 150 to 250 for a soup and main course. A standard dinner main course at a non-tourist restaurant runs CZK 180 to 320.
If you want to eat like a local, there are plenty of great Czech dishes to try, such as svíčková na smetaně (beef sirloin in cream sauce) or guláš (beef stew). Be aware that trdelník, the cinnamon-and-sugar pastry sold from Old Town stalls, is not actually a Czech tradition; it was introduced as a tourist product in the 2000s. A koláč from a proper Czech bakery is the authentic and cheaper choice.
Generally speaking, you can get by on a food-and-drink budget of around CZK 500 to 800 per day. Beer is a genuine bargain: a half-litre at a traditional pub away from the tourist circuit costs CZK 45 to 80, though the same beer on the Old Town Square can be CZK 150 to 200. If you’re looking to splurge at fancier restaurants, your budget will of course be higher.
How much money do you need for activities and attractions?
Prague has a lot to offer in terms of activities and attractions, and knowing what things cost helps you budget. Here is a guide to some of the most popular options.
The Charles Bridge is one of the most iconic landmarks in Prague and it is free to walk across. If you’d rather see the city from the water, a scenic cruise on the Vltava River starts at around CZK 250 to 350.
If you’re interested in Prague’s many museums, the National Museum at the top of Wenceslas Square is a great option; standard adult admission is around CZK 250 to 300 and the ticket covers several National Museum buildings across the city. Prague Castle is the other essential paid attraction: the grounds are free, while the circuit ticket covering St Vitus Cathedral, the Old Royal Palace, and the Golden Lane runs from around CZK 250 to 450 depending on the circuit.
The city’s best free viewpoints, Vyšehrad fortress and the Letná park beer garden, cost nothing at all. And no trip to Prague is complete without sampling some Czech beer: a half-litre in a pub typically costs CZK 50 to 80.
How to save money while visiting Prague
Prague is a beautiful city with a lot to offer, but costs can add up. Here are some tips on how to save money while visiting Prague:
1. Stay in a hostel or Airbnb instead of a hotel, or choose a guesthouse in Vinohrady or Žižkov rather than the Old Town. This can save a great deal, especially if you’re travelling with others.
2. Eat the daily lunch menu at local restaurants and avoid eating every meal in the tourist areas, where the same dish costs two to three times as much.
3. Buy a 24-hour or 3-day public transport pass instead of individual tickets if you plan to use trams and the metro often. A single 90-minute ticket is CZK 40; a 24-hour pass is CZK 120.
4. Walk whenever possible. Prague’s historic centre is compact and genuinely walkable, and it’s the best way to experience the city.
5. Take advantage of free attractions: Vyšehrad, the Letná and Riegrovy sady beer gardens, the Charles Bridge, and simply wandering the neighbourhoods all cost nothing.
Conclusion
Prague is a beautiful city full of culture, history, and plenty of activities that can be enjoyed without breaking the bank. With careful planning and budgeting, you should easily be able to enjoy your visit while staying within your desired budget. Do your research before arriving so you know roughly what things cost and where to find good deals. The full Czech Republic budget guide breaks down daily spending at every travel style.