Question: Is it expensive to live in Austria?

The cost of living in Austria varies significantly between different provinces and cities. In general, Vienna and Innsbruck are consistently ranked the most expensive cities in Austria, while the cheapest, or most affordable, cities include Graz and Klagenfurt. About 60% of Viennas residents live in social housing.

What is the average cost of living in Austria?

Family of four estimated monthly costs are 3,479$ (2,947€) without rent. A single person estimated monthly costs are 994$ (842€) without rent. Cost of living in Austria is, on average, 6.21% higher than in United States. Rent in Austria is, on average, 30.77% lower than in United States.

Is living expensive in Austria?

One would be safe in stating that the cost of living is generally more expensive in Austria than in the United States. As in most European countries, the cost of living in Austria is rising steadily. Canned goods, frozen goods, chicken and turkey, and some meats are more expensive in Austria.

What is the average salary in Austria?

Employees in Austria earned an average gross income of € 32,000 per year in 2018. This corresponds to an average monthly salary of about € 2,400 on the basis of 14 paid salaries before any deductions are made.

Is it good to live in Austria?

The quality of life in Austria is very high. In fact, a 2019 global study placed Austria in second place for quality of life. Additionally, Vienna has topped the list of Most Livable Cities in the world for ten straight years. Austria also ranks highly when it comes to press freedom, womens rights, and human rights.

Is 60000 a good salary in Vienna?

EUR 60,000 gross a year gives you 4.285,71 gross a month or 2.635,35 net after taxes and social security etc. This is the amount you get on your bank account. 13th and 14th salary are above 3300 net.

Can I buy a house in Austria?

Since 2001, EU nationals can buy property in Austria with no restrictions. Citizens of other countries that belong to the EEA (European Economic Area) and Swiss citizens can also buy property in Austria, although additional paperwork is required.

What is the lowest salary in Austria?

Given the collective agreements and the actual economy in the country, the de facto minimum salary in Austria is of 1500 euros per month as of 2021. Salaries in Vienna and in the whole of Austria tend to follow the same standards as of its neighbor to the North.

Which jobs are in demand in Austria?

Austria-wide shortage occupationsGraduates in power engineering (DiplomingenieurInnen für Starkstromtechnik) Technicians with a higher level of training (engineer) for power engineering technology (TechnikerInnen mit höherer Ausbildung (Ing.) Agricultural Equipment engineers (LandmaschinenbauerInnen)More items

Is it easy to get job in Austria?

Whilst the country has a competitive job market, workers with the right skills, qualifications and a valid Austria visa for non-EU and Schengen citizens will find that sourcing work in Austria isnt as difficult as it might appear.

What is the highest paid job in Austria?

Highest paid fields and occupational groups In terms of occupational groups, people working in finance and management boast the highest average salary in Austria, closely followed by IT. With respect to job titles, project managers, lawyers and controllers are the winners.

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

And most residents get free visits to doctors and hospitals thanks to a well-regarded public medical plan. The cost of living in Vienna is manageable, with an average monthly cost of living for a single person is $866.85 per month without rent.

Is it better to buy or rent in Austria?

According to ImmoScout “Due to the persistently high price level for property, on average across Austria, buying a property is less recommendable than renting.” The longest period of time in Austria comes in Vorarlberg, where youd have to rent for 30.3 years before it made economic sense to buy the property.

How easy is it to immigrate to Austria?

The process of moving to Austria is much easier if you are an EU or EEA citizen, primarily because you do not need a visa to live there, nor a residence or work permit. Those from a non-EU/EEA country will need to apply for a visa. Also, Austria ranks high for levels of satisfaction.

How much tax do you pay in Austria?

Austrias income tax rateBracketAnnual incomeRate1Up to €11,0000%2€11,000 – €18,00025%3€18,000 – €31,00035%4€31,000 – €60,00042%3 more rows

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