The average cost of living in Italy is around €700 to €1,000 per month. Accommodation is usually the biggest expense and costs between €350 and €600 per month, depending on the city and type of housing. Food expenses are around €200 to €300 per month. Health insurance may cost about €80 to €150 per month. Students also spend money on transport, study materials, internet, and personal needs. Cities like Milan and Rome are more expensive, while smaller cities are more affordable. Students can save money by staying in dorms, cooking at home, and using public transport.