Difference between price and prize

Often confused words – price and prize

A lot of words in English vocabulary are very similar, but have different meanings. These two words are often confused in the English Language:


  • The price of something is how much we pay for it.
  • – Excuse me! Could you tell me the price of these shoes, please?
  • – Yes, of course. They are $49.99
  • The clothes shop has started its sales, most prices are down 30%


  • A prize is what you might get if you win a race.
  • John won the provincial half-marathon, his prize was a years’ supply of sportswear.
  • The school are holding a draw to raise funds for handicapped children. The first prize is a Christmas hamper valued at 80 euros.

For more English expressions go to Vocabulary INDEX

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