๐Ÿ’ฐ Trip to Italy Cost: My Budget Breakdown (2024)

A woman sitting in front of a fountain surrounded by marble sculptures.
๐Ÿ’ฐ Trip CostExpensive
๐Ÿ’ต Typical Budget$75-$150/day
๐Ÿ€ My Budget$131/day
โœˆ๏ธ Trip Total$2,087
๐Ÿ—“๏ธ Trip Length16 days
*Excluding flights

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Is Italy Affordable To Travel To?

Italy is an expensive destination worldwide but semi-affordable compared to some popular European destinations. It’s less budget-friendly than Portugal and Spain but generally more affordable than the UK and Iceland.

  • Travel costs, such as housing, food, and attractions, vary significantly between regions. Major cities, like Rome, Milan, and Venice, are pricey.
  • The country offers fresh food for cheap and reasonable train ticket prices.
  • It has a wide range of accommodation options for different budgets.

For comparison, hereโ€™s my daily budget for destinations in Europe:

CountryMy Budget
๐Ÿ‡ฎ๐Ÿ‡ธ Iceland$307
๐Ÿ‡ช๐Ÿ‡ธ Spain$155
๐Ÿ‡ฎ๐Ÿ‡น Italy$131
๐Ÿ‡ต๐Ÿ‡น Portugal$116
Budgets are per day (e.g. daily)

See all my daily budgets.

About My Trip

To give context to the expenses below, hereโ€™s what you need to know about my trip:

  • I spent a little over two weeks in Italy, visiting Rome, Milan, Florence, Venice, Cinque Terre, Lake Como, Modena, and Parma.
  • My trip was in May, during the start of the high season, when things were more expensive.
  • I traveled with two other people, which allowed us to split costs like housing.
  • I’m a mid-range budget traveler. I don’t aim to travel on a budget, but I’m intentional about my spending.
  • I finance my trips and donโ€™t receive sponsorship.
  • All expenses are per person and in US dollars, converted from the euro.

The exchange rate was $1 USD = โ‚ฌ0.92 at the time of writing.

A woman holding a glass of red wine against a field of grapes.
Tuscany wine tour

Planning a trip? Here’s what to know about Italy.

Total Cost

  • $2,651
  • $2,087
  • $131

A mid-range budget traveler can expect to spend about $150 per day in Italy. This budget generally means:

  • Staying at accommodations that cost about $90 per night
  • Eating at $ to $$ restaurants that cost about $25 per day
  • Taking advantage of Italy’s convenient public transportation
  • Booking group tours for top attractions

Budget Breakdown

Hereโ€™s a breakdown of my expenses by travel category:

CountryCost% of TotalDaily Budget
โœˆ๏ธ Flights$56421%
๐Ÿ  Accommodation$86833%$54
๐Ÿ Food$55621%$35
๐Ÿš‡ Transportation$25510%$16
โญ Entertainment$40815%$26
Total$2,651100%$131

Flight Cost

  • $564 (from the east coast of the US to Italy’s Milan Malpensa Airport)

A round-trip flight between the US and Italy costing under $400 is considered cheap, as international flights typically cost over $500.

Accommodation Cost

  • $868
  • $54

The accommodations I stayed at:

AccommodationTotal CostCost/Night
Florence hotel & Airbnb$273$55
Milan hostel$159$80
Rome hotel$157$79
Venice Airbnb$103$52
Cinque Terre Airbnb$89$44
Modena Airbnb$87$44

My accommodation budgeting tips:

  • The cheapest options are about $35 a night โ€“ Forgo staying in a private room and instead stay at dorm-style hostels for about $35 per night in cities like Rome and Florence.
  • Low and high seasons have nontrivial price differences โ€“ A mid-range hotel room in tourist areas in Italy starts at around $70 per night. You’ll have to pay closer to $100 per night during the high season.
  • Stay in non-central areas โ€“ For cheaper accommodations in popular cities like Rome, Milan, and Florence, stay further away from the city center. For example, staying in Venice’s less popular Cannaregio district will be significantly cheaper than staying in the San Polo or San Marco districts.

Food Cost

  • $556
  • $35

My most affordable meals:

MealLocationCost
Pizza slicePizza restaurant (Rome)$2
Rice bowl with proteinSig.Riso Restaurant (Florence)$7
Fried seafood and gelatoFood stalls (Cinque Terre)$8
Two people holding gelatos while taking a selfie.
Gelato in Florence

My most expensive meals:

MealLocationCost
Pasta and prosciuttoRistorante Cocchi (Parma)$34
Seafood mealRistorante La Posada (Cinque Terre)$30
Pasta and dessertUva D’Oro (Modena)$28
Thin cured ham sitting on a plate.
Ristorante Cocchi in Parma

My food budgeting tips:

  • Expect to spend about $40 a day โ€“ A mid-range budget traveler can expect to spend about $40 per day on food in Italy. This includes getting coffee, eating a snack, and eating at $ to $$ restaurants.
  • Avoid touristy restaurants โ€“ You can end up with expensive, mediocre pasta in tourist restaurants if you don’t do some research and make reservations. Go on highly-rated food tours, especially in big, overwhelming cities like Rome, if you want to prioritize convenience.
  • Groceries can save you $100 a week โ€“ Buying food at a grocery store and eating simple meals (like pizza) can save you more than $100 a week compared to dining out for every meal in Italy.

Transportation Cost

  • $255
  • $16

The transportation I used:

TransportationTotal Cost
Train$233
Ferry (Lake Como)$10
Bus and metro (Rome, Milan)$12

My transportation budgeting tips:

  • The best way to get around is by train โ€“ Italy has a well-maintained train system primarily operated by Trenitalia that will conveniently get you to many places around the country at reasonable prices. An average ticket will cost between $10 and $40, depending on the distance traveled and whether you’re taking a high-speed train.
  • Italy generally has two types of trains โ€“ The country has several train operators and tracks, which can get confusing. At a high level, you need to be aware of two types of trains:
    • High-speed trains serve major cities throughout Italy and run on their own train tracks. I took several of these trains and typically paid between $30 and $50.
    • Regional trains are much slower but can reach almost any part of the country. A ticket on a regional train starts at $10.

Entertainment Cost 

  • $408
  • $26

The activities/attractions I did:

ExperienceLocationCost
โ›ฐ๏ธ Cinque Terre HikeLiguria$12
๐Ÿ’ง Lake Como Day TripLombardy$5
๐ŸŽจ Sistine Chapel / Vatican CityRome$96
๐Ÿท Tuscany Wine TourFlorence$86
๐ŸŒŠ Trevi FountainRomeFree
๐Ÿšฃโ€โ™‚๏ธ Gondola RideVenice$45
๐Ÿ–ผ๏ธ Uffizi GalleryFlorence$27
๐ŸŸ๏ธ ColosseumRome$66
โ˜€๏ธ Michelangelo PlazaFlorenceFree
๐Ÿฐ St. Mark’s SquareVeniceFree
๐ŸŒน Rose GardenFlorenceFree
๐Ÿ Pasta Making ClassFlorence$45
๐Ÿƒโ€โ™€๏ธ Spanish StepsRomeFree
๐ŸŒ‰ Rialto BridgeVeniceFree
๐ŸŒณ Boboli GardensFlorence$11
๐Ÿฐ Duomo di MilanoMilan$6
Colorful houses on a mountain cliff sticking out into the ocean.
Cinque Terre, Italy

My entertainment budgeting tips:

  • Buy the most basic ticket โ€“ Many of Italy’s top attractions charge tiered tickets. For example, the Colosseum’s basic ticket requires waiting in the security line and doesn’t allow access to all parts of the amphitheater, but it’s the cheapest.
  • Skip expensive attractions โ€“ Riding a gondola in Venice or taking an all-day wine tour will increase your budget by at least $50 to $80.
  • See attractions from the outside โ€“ Take advantage of free walking tours in major cities to see top attractions from the outside.

See my ratings for Italy’s experiences.

Cost Breakdown by Destination

Below are my trip expense breakdowns forย the places I visited during my trip.

Rome

  • 2 days
  • $428
  • $214

Rome is one of Italy’s top three most visited cities. It has many of the most famous attractions, like the Sistine Chapel in Vatican City and the Colosseum, that will increase your budget. Some top attractions, like Trevi Fountain and the Pantheon, are free.

Two women standing outside with an ancient dome in the background.
Sistine Chapel

Florence

  • 5 days
  • $608
  • $122

Florence is a very walkable city, so you likely won’t spend much on transportation. It’s known for day tours and trips outside the city, so you might spend a lot on entertainment when visiting.

Two people holding a container with freshly-made pasta.
Pasta-making class in Florence

Venice

  • 2 days
  • $255
  • $127

Venice is known as Italy’s most expensive city to visit. The Floating City, known for its canals, has high tourism demand and limited space. Venice’s iconic gondola rides start at โ‚ฌ90 for a 30-minute ride if you’re not splitting with others (the government regulates the price, so you won’t be able to negotiate).

A woman taking a bite out of a crepe while standing in front of a narrow water canal.
Venice’s small canals

Cinque Terre

  • 2 days
  • $420
  • $120

Cinque Terre is a budget-friendly version of Amalfi Coast in southern Italy. I visited Cinque Terre mainly to hike through the stunning villages, which doesn’t cost much.

A woman standing in front of a background with colorful buildings on a mountain by the ocean.
A Cinque Terre town.

Milan

  • 2 days
  • $285
  • $143

Expect to spend a lot on accommodation and shopping in Milan if you’re interested in buying clothes from the world’s fashion capital.

Lake Como

  • 1 day
  • $62
  • $62

When traveling to Lake Como, make sure to account for the roughly $5 one-way ferry rides between each town and the $14 round-trip train tickets to and from Milan.

A woman leaning against a balcony overlooking a lake with a large mountain behind it.
Castello di Vezio over Lake Como

Modena & Parma

  • 2 days
  • $209
  • $105

Modena and Parma are known to have some of the best restaurants in the world, so I traveled there primarily for the food and to experience a slightly less tourist area of Italy. Here’s my Parma day trip guide.

A room full stack of round barrels of cheese.
Parmigiano Reggiano factory tour (photo by my friend, Vivian Huang)

Do You Need Cash?

  • Like many European cities, Italy has a good credit card infrastructure, but many places still rely on cash transactions, so make sure to bring some cash.

My tips on using cash:

  • USD is not widely accepted, so withdraw cash in euros.
  • Carry about $15 to $20 worth of cash per day. I spent about $118 ($7 per day) in cash during my trip to tip tour guides, pay for food at stalls and cafes, and cover the housing city tax.
  • Tipping is not customary in Italy, but it’s appreciated and generally only done for exceptional service.

Avoid Euronet ATMs when withdrawing cash in Italy. Throughout Europe, Euronet ATMs consistently have high fees and use terrible exchange rates, so unless youโ€™re in desperate need of cash, I would avoid them.

Italy Trip Planner 2024

To make your travel preparation easier, download the trip planner below. It has destination-specific travel information, itinerary, map, and packing list.

My trip planners are built on Notion, which I use for all my travel planning. I genuinely love this tool and creating an account is free.

Three Notion template screenshots are shown: travel information, itinerary, and map + packing list templates.
Preview of Italy trip planner.

Thoughts? Questions? Leave a comment below.

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1 Comment

  1. Muhammad Awais

    Very Useful, Thank You

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