Is Prague or Budapest cheaper?

Published: July 21 2023

When planning a European getaway, cost is a factor that often sways the decision. If you're deliberating between Prague and Budapest, you might wonder, which city offers the most bang for your buck? Right out of the gate, Budapest generally comes out cheaper than Prague.

In both Prague and Budapest, you can find a range of accommodation options to suit different budgets, but Budapest typically offers cheaper rates.

Budapest: An average hotel in Budapest costs somewhere around $60 to $100 per night for a standard double room. For budget travelers, hostel dorms are available around $20 per night.

Prague: Comparable hotels in Prague are slightly more expensive, generally ranging from $70 to $120 per night. Hostel dorm beds, on the other hand, are priced similarly to those in Budapest.

Culinary delights are a cornerstone of experiencing both of these cities, and thankfully, they both offer some amazing dining experiences. Budapest, however, is typically cheaper.

Budapest: You can expect to pay between $5 and $15 for a meal at an average restaurant. A beer might cost around $2.

Prague: In Prague, dinner would likely set you back between $10 and $20, and a beer comes in slightly higher as well, around $3.

Both cities have well-developed public transportation networks that are easy to navigate, but once again, Budapest comes out on top in terms of cost.

Budapest: A single ticket on Budapest's public transport system costs around $1.20.

Prague: In Prague, a similar ticket will set you back approximately $1.40.

From historical castles to picturesque bridges, both cities have a wealth of attractions to explore. As is the trend, Budapest's are generally cheaper.

Budapest: Many of the city's famous baths costs between $20 and $25 to enter. Other attractions, like the Buda Castle, can be visited for free.

Prague: Tourist spots in Prague, like the Prague Castle, costs around $16 to enter. The beautiful Charles Bridge, like many of Budapest's landmarks, is free.

Generally speaking, Budapest offers the most cost-effective escape, with cheaper accommodation, food, drink, transportation, and tourist attractions. However, it's important to note that both cities offer a wide array of options for travelers of varying budgets. Whether you choose Prague or Budapest, you're sure to enjoy a unique cultural experience steeped in history.