Currency

euro (€)

Daily Costs

Budget: Less than €110

  • Dorm bed: €20–35
  • Double room in a budget hotel: €60–130
  • Pizza plus beer: €15

Midrange: €110–250

  • Double room in a hotel: €110–200
  • Local restaurant meal: €25–45
  • Admission to museum: €5–16
  • Roma Pass, a 72-hour card covering museum entry and public transport: €38.50

Top end: More than €250

  • Double room in a four- or five-star hotel: €200–450
  • Top restaurant dinner: €45–150
  • Opera ticket €17–150
  • City-centre taxi ride €10–15
  • Auditorium concert tickets €25–90

Bargaining

Gentle haggling is common in markets. Haggling in stores is generally unacceptable, though good-humoured bargaining at smaller artisan or craft shops in southern Italy is not unusual if making multiple purchases.

Money

ATMs are widespread. Major credit cards are widely accepted but some smaller shops, trattorias and hotels might not take them.

ATMs

  • ATMs (known in Italy as bancomat) are widely available in Rome and most will accept cards tied into the Visa, MasterCard, Cirrus and Maestro systems.
  • The daily limit for cash withdrawal is €250.
  • Always let your bank know when you are going abroad, in case they block your card when payments from unusual locations appear.
  • Beware of transaction fees. Every time you withdraw cash, you'll be hit by charges – typically your home bank will charge a foreign exchange fee (usually around 1%) as well as a transaction fee of around 1% to 3%. Check details with your bank.
  • If an ATM rejects your card, try another one before assuming the problem is with your card.

Changing Money

  • You can change your money in banks, at post offices or at a cambio (exchange office). There are exchange booths at Stazione Termini and at Fiumicino and Ciampino airports.
  • Take your passport or photo ID when exchanging money.

Credit Cards

  • Virtually all midrange and top-end hotels accept credit cards, as do most restaurants and large shops. Some cheaper pensioni (pensions), trattorias and pizzerias only accept cash. Don’t rely on credit cards at museums or galleries.
  • Major cards such as Visa, MasterCard, Eurocard, Cirrus and Eurocheques are widely accepted. Amex is also recognised, although it’s less common than Visa or MasterCard.
  • Note that using your credit card in ATMs can be costly. On every transaction there’s a fee, which can reach US$10 with some credit-card issuers, as well as interest per withdrawal. Check with your issuer before leaving home.
  • If your card is lost, stolen or swallowed by an ATM, telephone to have an immediate stop put on its use.

Denominations

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

Romans are not big tippers, but the following is a rough guide:

  • Taxis Optional, but most people round up to the nearest euro.
  • Restaurants Service (servizio) is generally included; if it's not, a euro or two is fine in pizzerias, no more than 10% in restaurants.
  • Bars Not necessary, although many people leave small change if drinking at the bar.
  • Hotels Tip porters about €5 at A-list hotels.