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Cost of living in Austria

What a month costs, how prices compare with other countries, and where the money goes

#14 by cost of living in the world#9 in Europe

Monthly cost in Austria

Spending runs from €964 a month in the poorest fifth to €4,880 in the richest

Per person, whole country

€2,130

what a typical person spends in a month

Spending across the population

poorest 20%
€964
richest 20%
€4,880

Where people spend money in Austria

One person's out-of-pocket spending, averaged across the whole country

Housing
€51424%
Dining out
€27913%
Other
€27513%
Transport
€25212%
Groceries
€21310%
Leisure & culture
€21110%

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Key facts

The cost of living in Austria in numbers

Groceries takes an unusual share of the budget

It absorbs 10% of spending here, or €213 a month, against 19.7% in a typical country, 9.7 points less.

Among the most expensive countries in the world

More expensive than 90% of countries. A basket that costs €865 at world-middle prices costs €1,530 here.

Typical spending takes 84% of the average wage

A typical person spends €2,130 a month while the average take-home wage is €2,550, so 16% of an average wage sits above what a typical person spends.

How living costs in Austria compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Austria
1Switzerland
€3,610+70%
2Austria
€2,130
3Germany
€1,920-10%
4Italy
€1,590-25%
5Slovenia
€1,380-35%
6Slovakia
€1,200-44%
7Czech Republic
€1,120-47%
8Hungary
€868-59%

What things cost here

How much the same goods and services cost in Austria against other countries

More expensive than 90% of countries

Where Austria sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs €865 at world-middle prices costs €1,530 here.

Data source: household consumption 2023 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2022 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth

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What it costs to live in Austria

Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Austria and how much you could have left each month

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IT & communication

Cost of living in Austria

€964/mo

vs €692 in your country

Take-home

€1,360

vs €1,040 in your country

Potential savings

€400

more than in your country

Standard of living

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Frequently asked questions

What is the cost of living in Austria?

A typical person in Austria spends about €2,130 a month — around €25,600 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the standard of living in Austria?

By spending, Austria ranks #14 of 185 countries. A typical person spends about €2,130 a month, the poorest 20% about €964 and the richest 20% about €4,880. The gap between them shows how unevenly people live.

What is the cost of living in Austria in US dollars?

The cost of living in Austria is about $2,464 a month, or roughly $29,568 a year per person.

How much money do you need to live comfortably in Austria?

It all depends on your standard of living. A modest budget runs about €964 a month per person, a typical one around €2,130, and a comfortable life around €2,820. In big cities and for a family, costs are usually higher.

What do people spend the most on in Austria?

The biggest expense is housing, at about €514 a month (24% of spending). Then come dining out (€279, 13%) and transport (€252, 12%).

Is the average salary in Austria enough to live on?

In most cases yes, but without much of a cushion. Average spending is about €2,130 a month, while the average take-home pay in Austria is about €2,550. For more on incomes, see salaries in Austria.

Is Austria an expensive country to live in?

Yes. Austria is more expensive than 93% of countries worldwide and ranks 9th of 41 in Europe by cost of living.

What currency is used in Austria?

Austria uses the Euro (EUR). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

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Living in Austria

See the full country overview