Austria belongs to those countries which are in the middle range in terms of prices, and the expenses vary from city to city.
Graz is not so huge city and many settlers decide to move right there because of less traffic, hustle and lower monthly costs.
Nevertheless, your life style will determine your living costs no matter where you decide to live.
But, when you compare it to Vienna, Graz is definitely much cheaper and much pleasant to live in.
Those who enjoy eating out should bear in mind the fact that Graz has restaurants for everyone’s budget and choose accordingly.
In some of inexpensive ones, you can get a meal and a drink for $12.
However, in luxurious restaurants, you will need to spend a lot of money, considering the fact that food in Austria is expensive.
Even though Austria has some of the highest food costs in Europe, you can reduce your spending by buying groceries at the local markets or discount supermarkets and prepare your food at home.
This can be of great help for those who are looking to save some money due to the low salaries.
Transportation is not such a problem in Graz, as you can use a bike there and do not have any expenses.
Otherwise, your vehicle or public transportation is a solution, and monthly pass will save you a lot of money.
The price of gasoline is higher in comparison to Australia.
Utilities are the expenses that are quite high in Graz, and when the average cost of utilities in Austria is in question, Graz is far too expensive.
The money needed for basic services in Graz would exceed $300.
The least expensive utility is definitely mobile phone calls.
SPORTS & LEISURE
When it comes to sports activities, people here tend to spend much time outdoors, and there are lots of places where you can exercise, and riding a bike daily as a means of transport is excellent activity.
While fitness clubs have very reasonable and affordable prices, tennis court rent of just one hour is pretty much expensive.
CLOTHING & SHOES
While there are cheap tickets for entertainment in Graz, the prices of clothes and shoes are not so low.
Designer clothes is pretty expensive and cannot be afforded by those who earn minimum wages in Graz.
As for food, the way of getting clothes at lower prices is to buy it at discounts.
RENT PER MONTH
Finding an appropriate and affordable place to live is difficult, especially in major cities.
The rent differences between an apartment in the city center and out of it are not too high, in relation to some other cities.
The price differs for only $100 and if you can live out of the center, that would be more pleasant.
Cost of Living Averages Table for Graz
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 11.46|
|Domestic Beer (0.5 Liter)||$ 4.01|
|Water (0.33 Liter)||$ 1.81||Average Market Prices|
|Milk (1 Liter)||$ 1.24|
|Loaf Bread (500g)||$ 1.88|
|Eggs (12)||$ 3.60||Average Transport Prices|
|One Way Ticket||$ 2.64|
|Monthly Pass||$ 54.55|
|Gasoline||$ 1.35||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 274.62|
|1 min. of Prepaid Mobile Tariff Local||$ 0.05|
|Internet (Unlimited Data, Cable/ADSL)||$ 34.32||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 25.62|
|Tennis Court Rent (1 Hour)||$ 25.60|
|Cinema, 1 Seat, International Release||$ 12.61||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 85.32|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 31.90|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 82.42||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 625.28|
|Apartment (1 bedroom) Outside of Center||$ 525.28|
|Apartment (3 bedrooms) in City Center||$ 1166.12|
How Does the Average Person Spend Their Money in Graz?
Graz has food and drink available in all price categories and it is your own decision whether you will buy it at the local supermarkets at discounted prices or you will pay full price which is not at all reasonable.
In inexpensive restaurants you can find local and international dishes which are affordable, but food will still take you 13% of your monthly salary.
Rent is also quite expensive and has to be paid, so most money is separated for these two expenses.
As outdoor activities are popular, not much money is spent on sports.
Graz: Average Salary, Minimum Wage & Mortgages
Comfortable living conditions are different for each person, and while some would be satisfied with the average net salary of $2000, others will think that is not enough.
So, when moving to Graz, you need to think well whether your lifestyle can be comfortable when all the earnings and expenses are calculated.
Austria has a low mortgage interest rate, so you might consider buying your own apartment and save money on the rent.
Cost of Living by City in Austria
*Click the name of the city for more information.
|City||Cost of Living Index|