Practical Information
Living Expenses
Prague, the capital of the Czech Republic, is a moderate city in terms of living expenses. It is much less expensive than Western European capitals such as London or Paris or larger former Soviet cities such as Moscow or St. Petersburg. Prices are, however, higher than in Eastern European cities such as Kiev or Central Asian cities such as Tashkent. Of course, how much you spend on living essentials also depends on your personal standards, and Prague offers a wide range of spending options.
Exchange rate of Czech Crowns (CZK) as of February 2016:
| 1 EUR = CZK 27.0 |
| 1 USD = CZK 24.9 |
|
Sample items |
Prices (CZK) |
| Mineral water | 10 / 1.5 liter |
| Loaf of bread | 20 |
| Milk | 20 / 1 liter |
| Eggs | 30 / 10 |
| Packet of spaghetti | 15-40 |
| Whole chicken | 90 |
| Apples | 30 / 1 kg |
| Chocolate bar | 15 |
| Beer in a pub | 35 / 0.5 liter |
| Meal in a restaurant | 150 |
| Combo meal in fast food restaurant | 100 |
| Slice of pizza | 30 |
| Medium coffee from a coffee shop | 70 |
| Tube of toothpaste | 45 |
| Hair shampoo | 80 / 200 ml |
| Mobile phone services | 500 / month |
| Cinema ticket | 60-200 |
Public transport in Prague is said to be one of the best systems in Europe. The metro, trams and buses cover the majority of the city center and suburbs. A monthly pass costs 550 CZK; a yearly pass for the whole duration of the MA in Applied Economics program - 3,650 CZK. More details here.
