The costs of living in Amsterdam are different for every person. The advantage is that if you are from another European country than the Netherlands you are entitled to an Erasmus + grant if you do your internship in Amsterdam. Students are able to live more than fine with the following expenses.
Rent: €500,-
Public transport: €70,- to €100,- maximum
Food: €300,-
Remaining: €50,-
Total: €920,- to €950,- per month