What $100 Can Buy in PRAGUE, the Most Affordable City in Europe

What $100 Can Buy in PRAGUE, the Most Affordable City in Europe, Czech Republic

Prague is famous for its lovely old town and Gothic cathedrals, but it’s also one of the most reasonably priced towns in Europe. One of my favorite cities in the world, this location is a haven for beer lovers on a tight budget.

Where is Prague city?

The biggest and capital city of the Czech Republic is Prague, which was once known as Bohemia. Prague, located on the Vltava river, has 1.3 million residents. The city has cool winters and somewhat warm summers due to its maritime environment.

With a rich history and Romanesque, Gothic, Renaissance, and Baroque architectural styles, Prague is a political, cultural, and economic center of central Europe. Charles IV, among others, lived there while serving as the Holy Roman Emperor. It served as the Kingdom of Bohemia’s capital (r. 1346–1378)

The Austro-Hungarian Empire and the Habsburg monarchy both valued this city highly. The city had a significant impact on the Protestant and Bohemian Reformations, the Thirty Years’ War, and the history of the 20th century as Czechoslovakia’s capital between the two World Wars and the Communist period.

Many of the well-known cultural landmarks in Prague have survived the bloodshed and devastation of 20th-century Europe. The Prague Astronomical Clock, Prague Castle, Charles Bridge, Old Town Square, the Jewish Quarter, Petn Hill, and Vyehrad are among the city’s top attractions. The Old Town of Prague has been a World Heritage Site since 1992, according to UNESCO.

Along with several theaters, galleries, theatres, and other historical exhibitions, the city is home to more than 10 significant museums. The city is connected by a sophisticated contemporary public transit system. Numerous public and private schools are located there, including the oldest institution in Central Europe, Charles University in Prague.

According to GaWC assessments, Prague is a “Alpha-” global metropolis.

Mercer rated the city as the 69th most livable city in the world in 2019.  The city was recognized as the 13th most livable city in the world by the PICSA Index the same year. Because of its fascinating past, the city attracts many tourists—as of 2017, it welcomed more than 8.5 million foreigners each year. After London, Paris, Rome, and Istanbul, Prague was ranked as the fifth most visited city in Europe in 2017.

Where is Czech Republic?

Czechia, usually known as the Czech Republic, is a landlocked nation in Central Europe. It was once known as Bohemia and is surrounded by Slovakia to the southeast, Austria to the south, Germany to the west, and Poland to the northeast.  The Czech Republic’s 78,871 square kilometer (30,452 square mile) mountainous terrain is covered by a moderate continental and oceanic climate. Prague is the biggest and most important city in the country; other significant cities and metropolitan regions include Brno, Ostrava, Plze, and Liberec.

Under the rule of Great Moravia, the Duchy of Bohemia was established in the late ninth century. In 1002, the Holy Roman Empire officially acknowledged it as an Imperial State; it attained kingdom status in 1198. The whole Crown of Bohemia was eventually incorporated into the Habsburg empire after the Battle of Mohács in 1526. The Thirty Years’ War resulted from the Protestant Bohemian Revolt. The Habsburgs solidified their hegemony during the Battle of White Mountain. The Crown lands joined the Austrian Empire when the Holy Empire was dissolved in 1806.

The Czech lands advanced in industrialization throughout the 19th century, and the majority of them joined the First Czechoslovak Republic in 1918 as a result of the defeat of Austria-Hungary in World War I.

The only nation in Central and Eastern Europe to maintain a parliamentary democracy during the entire interwar era was Czechoslovakia. [19] Following the Munich Agreement in 1938, Nazi Germany gradually took over the territory of the Czech Republic. After being regained in 1945, Czechoslovakia had a coup d’état in 1948 and three years later became a communist state of the Eastern Bloc. During the 1968 Prague Spring, a Soviet-led invasion of the nation repressed attempts to liberalize the government and economy. The Velvet Revolution abolished communist authority in the nation and restored democracy in November 1989. The Czech Republic and Slovakia became separate republics on December 31, 1992, after the peaceful dissolution of Czechoslovakia.

The Czech Republic is a developed nation with a sophisticated, high-income social market economy. It is a unitary parliamentary republic. It is a welfare state with a social model based on Europe, universal health coverage, and tuition-free higher education. It comes in at number 16 in the UN’s inequality-adjusted human development index, number 32 in the World Bank’s Human Capital Index, and number 24 in the Human Development Index. It comes in at number eight for both safety and peace, and number thirty-nine for democratic administration. The Czech Republic is a member of the Council of Europe, the OECD, NATO, the European Union, the United Nations, and NATO.

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