Cost of living
The Czech currency is called "koruna" (Czech 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, 50 crowns. In addition the are following notes: 100 crowns, 200 crowns, 500 crowns, 1 000 crowns, 2 000 crowns and 5 000 crowns.
II. Money matters
The cost of living in the Czech Republic is much lower than in the old EU member states and you wil be able to live comfortably without spending large sums. ATM/Cash machines are generally the easiest and cheapest way to manage money here, and the Brno city centre features numerous conveniently located ATM/cash 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 basic living expenses such as food, accommodation and transportation, students will need EUR 250 - 300 per month.
Approximate prices of some groceries and goods in Czech crowns (EUR):
- A loaf of bread : 25 (1)
- milk (1l): 15 (0,5)
- yogurt: 10 (0,4)
- beer (0.5l): 25 - 30 (1 - 1,2)
- Bottle of wine: 80 - 150 (3 - 5,6)
- Daily lunch menu: 60 - 100 (2,3 - 3,8)
- Cinema ticket: 80-150 (3-5,5)
- Theatre: 200 - 500 (7,4 - 18,6)
- Bowling: 200 - 300 (7,4 - 11,2)
- Squash: 200 (7,4)