Rome, 1957. A woman, Cabiria, is robbed and left to drown by her boyfriend, Giorgio. Rescued, she resumes her life and tries her best to find happiness in a cynical world. Even when she thinks her struggles are over and she has found happiness and contentment, things may not be what they seem.

Aging small-time conman Augusto works with two younger men: Roberto, who desires to become the Italian Johnny Ray, and Bruno, nicknamed Picasso. Through a series of mishaps and personal entanglements, things go badly for Augusto.