Prices generally drop once you leave the city centre and venture into the suburbs and residential neighbourhoods where tourists rarely venture. Eating Prague is no gourmet capital, although it's not too hard to eat cheaply once you venture away from the centre.
Pubs here serve hearty filling fare which goes down well with a few litres of beer.
You should be able to get good pub grub for around 150 Kc. If you want cheap food in the city centre stick to the fast food joints, or restaurants run by religious organisations such as the hare krishnas. Alternatively check out the markets and stock up on picnic food. Drinking The Czechs are the world's number one beer drinkers and naturally beer is one of the country's main attractions for backpackers. With more than 8000 pubs in the city, virtually every street in Prague has one.