Purpose: The aim of the article is to analyze the economic and social changes during the Covid-19 pandemic on the example of economic centers such as cities. Approach/Methodology/Design: In the framework of the presented article, the main research methods are the quantitative analysis of financial data on changes in city budgets and the qualitative analysis of the impact of actions taken on the further situation in the economies in question, based on the example of selected cities. Findings: The obtained results will indicate the sectors of major socio-economic changes and will allow for recommendations on the issues of crisis management of budgets of public institutions and saving economies as a whole. Practical Implications: The practical implications of the research results in the article are recommendations for practical actions managing the economy of cities, which bring tangible results and are effective in crisis management as a result of various pandemics. Originality/Value: The original value of the article is the analysis of financial data influenced by the unprecedented Covid-19 pandemic and developed recommendations for practical actions to save economies reflected in their centers, which are cities.