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Cost for a ten day trip in Italy

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Hello,
This is my first time to Europe-my husband and I are taking a ten day trip to Italy where we will be exploring Rome, Venice and Florence (or cinque terre). Including hotel, is $150 a day reasonable? Should I budget considerably more? The plane tickets are already paid for, thank goodness.

Thank you for the help. Any other tidbits you can offer would be greatly appreciated.

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