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Money and costs

Euro (€)
Exchange Rates
Rates provided by Open Exchange Rates. Last updated July 24, 2016 6:07AM UTC
Daily Costs
Budget (up to)
  • Dorm bed: €15–30
  • Double room in a budget hotel: €50–110
  • Pizza or pasta: €6–12
  • Double room in a hotel: €110–200
  • Local restaurant dinner: €25–50
  • Admission to museum: €4–15
Top end (more than)
  • Double room in a four- or five-star hotel: €200–450
  • Top restaurant dinner: €50–150
  • Opera ticket: €40–200

Italy’s currency is the euro. The seven euro notes come in denominations of €500, €200, €100, €50, €20, €10 and €5. The eight euro coins are in denominations of €2 and €1, and 50, 20, 10, five, two and one cents.


Tipping is customary in restaurants, but optional elsewhere.

  • Taxis Optional, but most people round up to the nearest euro.

  • Hotels Tip porters about €4 at high-end hotels.

  • Restaurants Service (servizio) is generally included in restaurants – if it's not, a euro or two is fine in pizzerias, 10% in restaurants.

  • Bars Optional, though many Italians leave small change on the bar when ordering coffee. If drinks are brought to your table, a small tip is generally appreciated.