Cost of living and prices in Austria, prices of food, rent, shopping, etc 🇦🇹 Updated Jul 2023
Discover the beauty of Austria, a charming country located in Western Europe, bordered by the Czech Republic, Germany, Hungary, Italy, Slovakia, Slovenia, and Switzerland. The country covers an area of 83,858 square kilometers and has a population of 8,205,000, with a population density of 97.84 people per square kilometer. Austria is known for its natural beauty, cultural heritage, and architecture. The country offers a high standard of living, excellent healthcare services, and a stable political environment. As a member of the European Union, Austria has a strong economy, with a gross domestic product (GDP) of $417,900,000,000 and a GDP per capita of $50,932. The official language of Austria is German, and the currency used is Euro. Austria has a moderate cost of living compared to other European countries, making it an attractive destination for those who want to experience western European lifestyle without breaking the bank. It's easy to move around in Austria because of its efficient transportation system. However, the cost of living in some cities, such as Vienna, can be high, so it's important to plan accordingly. Overall, Austria is a wonderful country to visit or live in, with a mix of urban and rural areas, offering something for everyone.
Cost of Living Estimate in Austria
You can calculate cost of living in Austria by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
If you're looking for a unique dining experience in Austria, be sure to check out the traditional taverns known as "Heurigers". These cozy, rustic establishments are typically located on the outskirts of Vienna and offer a taste of authentic Austrian cuisine. Enjoy a glass of locally-produced wine along with hearty dishes like schnitzel or goulash. Many Heurigers also feature live music, making for a lively and unforgettable evening.
For those with a sweet tooth, Austria is famous for its pastries and desserts. No trip is complete without sampling a slice of the iconic Sachertorte, a rich chocolate cake filled with apricot jam and topped with a chocolate glaze. Other must-try treats include strudel, a flaky pastry filled with fruit or cheese, and kaiserschmarrn, a fluffy shredded pancake served with fruit compote or jam. Whether you're grabbing a quick snack from a bakery or indulging in a decadent dessert at a cafe, Austria's sweet offerings are not to be missed.
Market prices in Austria are known to be somewhat higher than neighboring countries. This can be attributed to the high quality of goods and services offered and the relatively high wages paid to workers. However, it is also worth mentioning that prices can vary greatly depending on the region, with prices in urban areas generally higher than in rural ones.
Another factor influencing market prices in Austria is the country's economy. As a strong and stable economy, Austria has a high level of consumer purchasing power, which can push prices up. In addition, Austria has a high quality of life and many people are willing to pay more for high-quality products and services that contribute to their overall well-being.
Austria has a well-developed public transportation system that connects its major cities and towns efficiently. For travelers, the Austrian Federal Railways (ÖBB) is a great option, as it offers fast and comfortable connections between cities such as Vienna, Salzburg, and Innsbruck. ÖBB trains are modern and comfortable, and offer a range of services onboard, including food and drinks, Wi-Fi and power outlets. In addition to trains, buses are another popular option for traveling within and between different regions in Austria. Bus services are frequent and dependable, especially in larger cities like Vienna and Salzburg.
If you're looking for a more adventurous way of traveling around Austria, cycling is a great option. The country has an extensive network of cycle paths, ranging from easy to challenging routes. Cycling is a great way to take in Austria's scenic countryside and picturesque villages. Bike rentals are widely available in cities and towns, and some hotels offer complimentary bikes for their guests. Another popular transportation option, particularly in the winter months, is skiing. Austria is known for its world-class ski resorts, such as St. Anton and Kitzbühel, where you can combine alpine sports with breathtaking views of the Austrian Alps.
Utilities Per Month prices
When traveling to Austria, it's important to be aware of the potential utilities cost, such as electricity, water, and heating. While the cost varies depending on the region and the type of accommodation you choose, it's generally reasonable and comparable to other European countries. However, keep in mind that some hotels and apartments may charge higher rates for utilities, especially during peak seasons.
In Austria, it's common for accommodations to charge a final cleaning fee that includes the cost of utilities, such as water and electricity. This fee is usually added to the total cost of your stay and varies depending on the length of your stay and the size of the accommodation. To avoid any surprises, it's important to read the fine print before booking your accommodation and to ask for clarification from the owner or management if necessary. Additionally, some accommodations may require a security deposit to cover any potential damages or additional utilities costs, which will be refunded at the end of your stay if everything is in order.
Sports And Leisure prices
One of the most popular leisure activities in Austria is skiing. The country is home to some of the world's best ski resorts, including St. Anton and Ischgl. The snow-covered mountains provide the perfect backdrop for beginners and experienced skiers alike. Apart from skiing, visitors can also enjoy other winter sports such as snowboarding, ice-skating, and tobogganing. During the summer months, there are many outdoor activities available for those wanting to explore the beautiful Austrian countryside. Hiking, cycling, and swimming are just some of the many options to enjoy the stunning landscapes.
Sports play a significant role in Austrian culture, and both locals and visitors enjoy watching and participating in various activities. Football is the most popular sport in Austria, and the country has produced some legendary players over the years. Other sports such as ice hockey, tennis, and basketball are also popular. Visitors can attend live matches or games, or even try their hand at the sport in one of the many recreational centers. For those wanting a more laid-back experience, there are also many parks and gardens where visitors can enjoy leisurely walks, picnics, and other outdoor activities.
Salaries And Financing prices
If you are planning on working in Austria, it is important to know that the country has a high standard of living, which is reflected in its salaries. Compared to other European countries, Austria has relatively high salaries across various industries. According to recent data, the average annual salary in Austria is well above the European average. Additionally, the country has a low unemployment rate, which makes it a great place to work and build a career. While salaries may vary depending on the industry, the country's strong economy ensures that most jobs offer competitive wages.
Financing in Austria is relatively simple, with a well-established banking system, making it easy for travelers to manage their money while in the country. The country's financial sector is known for its stability and security, with most banks offering online and mobile banking options to customers. Additionally, Austria is part of the Eurozone, which means that the currency used is the euro. ATMs are easily accessible throughout the country, and most shops and restaurants accept credit and debit cards. For those looking to manage their finances while in Austria, it is recommended to research the different banking options available and choose the one that best fits your needs.
Childcare prices in Austria can vary depending on the type of childcare and the location. Generally, schools in Austria are free, which includes primary, secondary and higher education. However, Kindergartens are not free and can be quite expensive, especially in major cities such as Vienna. Kindergartens in Austria provide quality early childhood education and care, so parents are willing to pay for it. Some Kindergartens offer full-day programs, which can be more costly than part-time programs.
Despite the cost, many parents in Austria prioritize access to Kindergartens as it allows them to work while their children receive care and education. The Austrian government offers some subsidies to help families with the cost of Kindergartens, based on income and family size. In addition, some companies offer childcare benefits to their employees to assist with the cost of Kindergartens. Overall, the cost of childcare in Austria can be high, but the quality of education and care provided is highly valued by families.
Clothing And Shoes prices
In Austria, clothing and shoe prices can vary greatly depending on the brand, material, and style. High-end designer brands can be found in exclusive boutiques in major cities like Vienna and Salzburg, while more affordable options can be found in chain stores such as H&M, Zara, and Foot Locker. Local markets and secondhand stores are also great places to find unique clothing items and shoes at a more reasonable price.
When looking for footwear in Austria, there are a variety of options to choose from. From practical hiking boots for outdoor adventures in the Alps to stylish sneakers for a casual day out, shoe stores in Austria offer a wide selection of sizes, styles, and colors. In addition to international brands, there are also several Austrian shoe brands that produce high-quality, durable footwear. Stores like Humanic and CCC offer a variety of shoe options for the whole family at a range of prices.
Rent Per Month prices
Short rent and stay options in Austria are abundant and cater to various budgets and preferences. From traditional hotels and serviced apartments to cozy guesthouses and trendy hostels, visitors have endless options to choose from. Most of these accommodation options are located within the city centers or in the heart of popular tourist destinations, providing convenient access to key attractions and landmarks. Whether you're looking for a luxurious stay or a budget-friendly option, Austria offers a range of choices to meet your needs.
One of the best things about short rent and stay options in Austria is that they are available all year round. Whether you're planning a summer getaway or a winter ski trip, you can find a wide range of options to suit your needs. The prices for short rent and stay options in Austria usually vary depending on the time of year and the type of accommodation. However, visitors can typically find a range of options to fit their budget, whether they're looking for a cheap and cheerful hostel or a luxurious five-star hotel. Whatever your preferences, you're sure to find a short stay option in Austria that meets your needs and exceeds your expectations.
Buy Apartment prices
Buying real estate in Austria offers a range of options to suit different lifestyles and budgets. Whether you're looking to purchase a traditional Alpine chalet, a modern city apartment, or a rural property with expansive views, there are plenty of choices to consider. Properties in Austria are generally well-maintained and built to high standards. In addition, the country has stringent regulations in place to protect buyers and ensure transparency in the purchasing process.
The cost of buying real estate in Austria varies considerably depending on location, property type, and other factors. While prices can be higher in sought-after areas such as Vienna or Salzburg, there are also many more affordable options available in other regions of the country. Compared to other European countries, the cost of living in Austria is generally reasonable and there are many financial incentives available for property buyers. Whether you're looking to make a permanent move to Austria or invest in a holiday home, there are plenty of buying options to suit every budget and lifestyle.