Cost of living in Austria
What a month costs, how prices compare with other countries, and where the money goes
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
€964richest 20%
€4,880
Where people spend money in Austria
One person's out-of-pocket spending, averaged across the whole country
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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
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
Pakistanmost expensive
Bermuda
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
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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
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