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Cost of Living for Masters (MSc) in Italy

When considering pursuing a Masters (MSc) degree in Italy, understanding the cost of living is vital to your financial planning. Italy is renowned for its cultural heritage, picturesque landscapes, and world-class education, making it an attractive destination for international students. To make your study journey in Italy as comfortable as possible, you should know Cost of living in Italy to study Masters programs. GoItaly experts will assist you with the Estimated cost of living in Italy while studying MSc based on the region and the university you chose.

The living cost for Indian students in Italy per month to study Masters ranges from approximately 700 to 1,000 EUR.. These expenses cover a variety of essentials, including accommodation, food, public transportation, and local Entertainment.

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It is also important to note that cities like Rome and Milan lean towards higher costs compared to other Italian urban centers. Here's a breakdown of the average monthly living expenses for students in these prominent Italian cities:

  • Milan - 850 EUR - 1450 EUR per month
  • Bologna - 750 EUR - 1,100 EUR per month.
  • Florence : 850 - 1,300 EUR
  • Rome: 900 EUR - 1,450 EUR per month.

GoItaly consultants will help you choose the right city according to your budget to plan your finances.

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Accommodation:

On-Campus Accommodation Cost for Masters in Italy varies from 250 – 300 EUR/month, depending on the city. Sharing an apartment with fellow students can significantly lower your monthly expenses by 250 – 500 EUR/month. GoItaly's experts are at your service to assist you with accommodation. We can facilitate your housing arrangements with partnerships established with select private organizations. Additionally, we offer the opportunity to connect with seniors who have successfully applied through us. Furthermore, we can link you with students attending the same university. This connectivity ensures you can effectively plan and tailor your stay to your needs.

Utility Cost:

The Utility Cost usually ranges from 90 – 260 EUR of monthly expenses.

Food Cost:

Shopping for groceries at local supermarkets like Lidl, Penny Market, or Esselunga can help you manage your budget efficiently. You can spend approximately 150 to 200 EUR per month.

Transportation Cost:

Public transportation is the optimal and hassle-free means of getting around Italy. For students, a monthly ticket for buses, trams, or metros typically ranges from 25 to 45 EUR per month, depending on your city. Italy's train network is efficient and extensively maintained, offering seamless city-to-city travel. Ticket prices commence at approximately 20 EUR for a journey

Masters Cost
Masters Cost

Other additional costs include:

  • Internet bills - 30 EUR to 50 EUR per month
  • Social activities and Entertainment - 30 EUR to 40 EUR per month
  • Books and other study material - 40 EUR to 50 EUR per month

With all these, the Cost of living for single person studying Masters in Italy will be €8,400 approx. For more detailed information, you can reach out to GoItaly experts.

To manage Living expenses in Italy for Non-EU Masters students, scholarships and education loans are viable options. GoItaly experts are adept at assisting you in securing scholarships and navigating the application process. Furthermore, you can work part-time, up to 20 hours per week during your studies. This not only aids in saving finances but also contributes to your overall experience.

Our GoItaly experts possess current insights into Italy's economy, equipping them to guide you effectively in financial matters. By harnessing these resources, you can optimize your financial planning and ensure a well-balanced stay in Italy. Feel free to reach out to our experts for informed assistance.

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