Budget

The budget below is my personal Italy budget.  Although on the pricier end of the group, my budget should give the viewer a general breakdown of trip expenses.  The following figures are all in US dollars, however, the exchange rate at the time was approximately 1€ = $1.15.

Pre-Trip Expenses Trip Expenses Post-Trip Expenses Opportunity Cost Gross Cost Net Cost
phone card 27
immunizations1 120
Italian CD's2 38
U of I fees3 933
passport expenses4 111
international student ID5 20
travel books6 25
AC adapter 7

 
mensa7 41
other food 505
additional alcohol 105
lodging 117
transportation 229
entertainment 78
clothes 269
souvenirs 316
other 48
picture frames 30
immunizations8 85
roommate gifts 35

 
food 300
entertainment 100
transportation 50
other 50

 
$1281 $1708 $150 $500 $3139 $2639
1 Recommended, but not mandatory shots for travel to Italy.  First dose of Hepatitus A and the first two doses of Hepatitus B.
2 Not required.  Instant Immersion Italian beginning Italian language CD collection by Topics Entertainment.
3 $225 Processing Fee, $650 Program Fee which includes: Instruction at University of Pisa, CISI Health Insurance, apartment, and utilities.
4 Passport pictures, birth certificate, passport processing, and expedited delivery.
5 Not required.  International student ID can provide discounts to restaurants, hostels, and tourist attractions worldwide.
6 Italian Phrase Book by Eyewitness Travel Guides, and Flying Visits Italy by Cadogan Guides.
7 University of Pisa cafeteria.
8 Second dose of Hepatitus A and third dose of Hepatitus B to finish both sequences.

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