When we think about living in Austria, we are somehow worried about coming there, due to the fact that Austria is counted among the richest countries of the world.
However, you should first get acquainted with the the general cost of living in Austria, and when it is compared to the amount of money you earn per month, you will be amazed that an estimate of the monthly living costs is not so high.
Whatever costs are foretold, this cannot be a real situation for all the visitors of Austria, as your personal choices always play a major role in the amount of money you spend.
Due to the high food prices, eating out in Austria can make a huge hole in your budget.
You will have to give almost $50 for two meals in a mid-range restaurant.
The approximate cost of beer is $4 while coffee can be found at the price of $3.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 12.54|
|Domestic Beer (0.5 Liter)||$ 4.33|
|Water (0.33 Liter)||$ 2.32|
If you want to save some money on food, which takes the most of monthly budget, then you should think about buying it at Austria’s discount supermarkets.
You can get food at reasonable prices only if you do your own cooking, since Austria is famous for the highest food costs in Europe. .
|Average Market Prices|
|Milk (1 Liter)||$ 1.23|
|Loaf Bread (500g)||$ 2.05|
|Eggs (12)||$ 3.48|
When the transport is in question, commuting through Austria’s cities can be by public transport, your own car or cycling.
It all depends on the amount of money you can separate for commuting.
Public transport system is effective and reliable, and what is even more important, it is not expensive.
|Average Transport Prices|
|One Way Ticket||$ 2.73|
|Monthly Pass||$ 51.79|
The only inexpensive utility in Austria is mobile phone calls.
All the other services are considerably expensive and some of the basic necessities will take you about $250 per month which is quite high in relation to other European counties.
But, for Austrian standards, the prices can be taken as reasonable.
|Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 209.04|
|1 min. of Prepaid Mobile Tariff Local||$ 0.06|
|Internet (Unlimited Data, Cable/ADSL)||$ 33.23|
SPORTS & LEISURE
People are very eager to have some leisure time, especially younger ones and Austria has plenty of activities to offer.
You will need to pay around $12 if you are a movie freak, which is rather cheap in comparison with the theater and concert tickets.
A monthly pass in a gym is around $35.
|Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 34.26|
|Tennis Court Rent (1 Hour)||$ 20.00|
|Cinema, 1 Seat, International Release||$ 11.40|
CLOTHING & SHOES
Clothing may not be of utmost importance when spendings are in question, but you still need to buy something to wear while in Austria, and it can be said that the prices are quite high.
They are almost the same as in Australia, where the standard of living is quite better, and that is the reason why the least money is spent on clothing items.
|Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 88.33|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 38.87|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 90.67|
RENT PER MONTH
The highest amount of money is definitely spent on the rent, ans those costs will depend on the city in which you want to live and you should bear in mind that the rent is considerably higher in the urban centers than in the rural areas.
This means that housing in Vienna and other major cities is more expensive than in smaller towns.
|Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 824.05|
|Apartment (1 bedroom) Outside of Center||$ 655.51|
|Apartment (3 bedrooms) in City Center||$ 1514.15|
How Does the Average Person Spend Their Money in Austria?
If you decide to prepare your own food at your place, your visits to the supermarket are likely to take you much of the budget.
Austria is the country where people spend more money on foodstuff than on the rent, and that is very rare across the globe.
The transportation also has an effect on your monthly budget, but in Austria, it is well organized and punctual and still not expensive.
It takes almost 12% of monthly budget, which is almost equal as amount of money they give in the restaurants.
Austria: Average Salary, Minimum Wage & Mortgages
Like in any country, average prices of living costs can vary as each person’s monthly expenses are different.
Depending on where in Austria you reside, people who live in urban centers will have distinct life expenses compared to the rural area residents.
Average monthly net salary would be enough to cover the necessities and afford yourself some leisure time.
The mortgage interest rate is not so high, so you can even think about buying your own place.
Cost of Living by City in Austria
*Click the name of the city for more information.
|City||Cost of Living Index|