Costs
The cost of living is low in the Czech Republic compared to most Western countries, 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 to see 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.
Currency
The Czech currency is called "koruna" (crown, abbreviated Kč), which is made up of 100 haléřů (hellers, abbreviated hal.). Coins in the following denominations are in circulation: 1 crown, 2 crowns, 5 crowns, 10 crowns ,20 crowns and 50 crowns. In addition there are the following notes: 100 crowns, 200 crowns, 500 crowns, 1,000 crowns, 2,000 crowns and 5,000 crowns.
Living Costs
The cost of living in the Czech Republic is much lower than in the old EU member states. For basic expenses such as food, accommodation and transportation, students will need cca 300 EUR per month.
Prices of some foods and goods (approximate) in Czech crowns (EUR):
- A loaf of bread 25–30 (1–1,2)
- Milk 15 (0,5)
- Yogurt 13 (0,5)
- Beer 25–30 (1–1,2)
- McDonalds Menu 100 (3,5)
- Lunch in MU Caffeteria, incl. drink 70 (2,5)
- Cinema Ticket 80-150 (2,5-5)
- One way ticket – public transport 25 (1)
- Monthly ticket – public transport 275 (11)