History and beer abound in this formerly Communist country.
How to roll big on the cheap: You can see most of Prague on foot, ambling down its famously fairytale cobblestone alleys, soaking in the remarkable mix of Gothic, Renaissance, and Baroque architecture. This medieval city delights the senses, and most of its iconic sights are out in the open and gloriously free. Walking tours will usually only set you back a tip for your guide, a worthy investment in a city with so many layers of history right under your nose. Mosey across the Charles Bridge (early morning is best, to avoid crowds), snap a picture at the graffiti-covered Lennon Wall, enjoy the city views from the top of Petrin Hill, and watch the 600-year-old Astronomical Clock strike a new hour in Old Town Square (just be wary of pickpockets).
Prague is heavily touristed, and as a general rule, the further afield you roam from Old Town Square the cheaper your goulash and dumplings will be. You can find a pint of pivo for around $2, and street food -- think sausage, sweet pastries, fried cheese (Smažený sýr) -- can also be had for next to nothing.
If you get a chance to splurge: Spend on culture. Catching a ballet or opera in Prague’s breathtaking National Theater is an experience not soon forgotten. In the Jewish Quarter, a tour of the synagogues and Old Jewish Cemetery, one of the oldest of its kind in the world, is absolutely worth it if you can spare the $15 ticket. -- Allison Ramirez