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COST OF LIVING

Czech Currency

  • the Czech currency is called "koruna" (crown, abbreviated Kč)

  • coins of these denominations are in circulation: 1 crown, 2 crowns, 5 crowns, 10 crowns, 20 crowns, 50 crowns

  • notes in circulation: 100 crowns, 200 crowns, 500 crowns, 1 OOO crowns, 2 000 crowns, 5 000 crowns

Money matters

  • The cost of living in the Czech Republic is much lower than in the old EU member states and you will be able to live comfortably without spending large sums.

  • Bank machines are generally the easiest and cheapest way to manage money here, and the Brno city centre features numerous conveniently located bank machines.

  • Foreign currency can be exchanged at any bank, though you might check around which one gives the best rate, since these can vary a little. The small exchange booths in the centre of Brno and Masarykova Street are said to offer good exchange rates.

For prices of food, transportation, utilities, salaries etc., refer to the following website:

https://www.numbeo.com/cost-of-living/in/Brno

 

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