Cost of Living in Venice: A Complete Guide on Expenses

Venice is known for more than just its complex canals, stunning architecture, and winding alleyways brimming with real culture and history. Many of its institutions, which are renowned for their intellectual prowess and provide English-taught programs, are located there. While researching colleges and tuition costs is vital for students, it is equally crucial to understand the cost of living in Venice.

Studying abroad has increased significantly in the last few decades as more aspiring students are willing to get a quality education for their higher studies. Studying abroad includes a lot of costs and some primary ones are accommodation costs, tuition fees, food, utility bills and the list goes on. It is extremely important to plan your study abroad journey and the most effective way to do this is by analyzing to cost of living in a country. Continue reading till the end to find out more in detail.

Also Read: Cost of Living in Italy

Why Study in Venice?

There are many countries to study abroad and Venice is one of them. Let’s take a look at the key benefits of studying in Venice:

• Venice is rich in culture. You will be immersed in this diverse culture that has a long history of art, architecture and design. 
• You can explore and visit some of the historical landmarks in Venice such as Saint Mark’s Basilica, Doge’s Palace, and so on. You can also enjoy local festivals here such as carnivals and film festivals.
• As Venice is in Italy, Italy has a reputation for academic excellence and you get a chance to study at some of the top Universities in the world.
• Studying in Venice can open some unknown doors of prosperity for you can get global exposure and you may get a high-paying job.

Cost of Living in Venice

The overall cost of living in Venice is favourable (not too expensive nor too cheap when compared to other countries). Now let us take a look at some costs of the necessities in Venice:

Accommodations

As accommodation is one of the primary necessities when studying abroad, you need to pick the option for yourself that suits you the best accommodation option at an affordable rate. The rent of a single-bedroom apartment in the city centre is approximately EUR  1,200 on average. You can also get other cheaper options like shared apartments which can cost you around EUR 650 to 800. Alternatively, you can look for on-campus accommodation options at Universities as this is the cheapest option among all of them.

Transportation

One fact about Venice is that the main transportation system of Venice is by water. This can be overwhelming for a few students and some can enjoy it. You can use Vaporetto (water bus) to travel distances. A single ticket for this water bus costs around EUR 9.5. You can also get unlimited rides for 24 hours if you are willing to pay EUR 22. Alternatively, you can also opt for taxis in Venice. For a normal taxi start (normal tariff) you need to pay EUR 3.20.

Food

Food is another necessity for survival and the cost of food in Venice is reasonably priced. You can get a meal from a decent restaurant for EUR 15 and a meal from a fine-dining restaurant can cost an average of EUR 26 which can be pricey for a student. The best way to save money can be to cook your own meal as Venice has a lot of marketplaces where you can get fresh ingredients at cheap rates and this can help you in balancing your finances.

Also Read: Cost of Living in Scotland: A Guide on Expected Expenses

Detailed Costs

Now let us take a look at the detailed costs of some items or services in Venice. These detailed costs can help in getting a fair idea about the cost of living in Venice and will help you in planning effectively:

Items/ Services	Average Cost
Apartment (1 bedroom) Outside of Centre	EUR 512
Fitness Club Monthly Fee	EUR 65
Basic Utility (Electricity, Heating, Cooling, Water, Garbage)	EUR 221
Mobile Phone Monthly Plan with Calls and 10GB+ Data	EUR 14.99
Taxi 1km (Normal Tariff)	EUR 1.58
Milk (1 litre)	EUR 1.08
White Bread (500g)	EUR 2.16
Rice (1kg)	EUR 1.75
One dozen Eggs	EUR 2.90
Local Cheese (1kg)	EUR 2.90

Average Tuition Fees

Apart from the cost of living in Venice, you should also be aware of the city’s education cost to properly gauge your total cost of studying. So, here are the average tuition fees you can expect to pay at a university in Venice:

Course Level	Average Annual Tuition Fees
Undergraduate	€900 – €4,000
Postgraduate	€400 – €3,500
PhD	€1,500

FAQs

That was all about the Cost of Living in Venice. Hope this blog gave you a better insight about the overall cost and will help you make more informed decisions. For more interesting and engaging content on student life abroad, follow Leverage Edu