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International Cost of Living Calculators

2020 International cost of living and hardship / quality of living data for 780 global locations.


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Cost of Living Reviews by City and Country for 780 International Locations

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Austria, All Areas
Overview

Austria, All Areas

Cost of living in Austria, prices and what it is like to live for an Expat, quality of life / hardship, and compare cost of living for Expatriates as at July 2020.

What is it like to live in Austria?




Climate: The climate is temperate continental. Winters are cloudy and cold with frequent rain and some snow in lowlands and snow in mountains. The summers are moderate with occasional showers.

Language: The official language is German. English is widely spoken. Business associates are pleased if foreigners can exchange basic pleasantries in German.

Religion: Christianity.

Economy: The economy of Austria is one of the 12 richest countries in the world in terms of GDP, has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisation has reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics. Next to a highly-developed industry, international tourism is the most important part of the national economy.

Inflation: 1.1% for Austria as at June 2020.

Money: The currency of Austria is the Euro (EUR). Banking is on a par with that of Western Europe and North America.

Tax: In Austria is based on the current personal income tax rates which are progressive up to 55%.

Population: 9.0 Million (2020 est.)

Expat Life: Austrians are generally class conscious and sensitive to being referred to as German in terms of culture and identity. Avoid discussing religion, money and politics unless you have a well developed relationship. Austrians are formal in business settings and tend to use titles and surnames rather than first names. Suits and ties are standard at business meetings. Women are represented at the highest levels of business and society. The safety risk for expatriates in Austria is low. Risks include low levels of petty crime, and severe winter weather conditions, particularly in the more mountainous areas.

Health Care: The standard of healthcare in Austria is the same as the rest of Western Europe, however costs of treatment for expatriates from outside the EU can be high. The Coronavirus COVID-19 total reported cases for Austria as at 5 August 2020 is 21,566, with 719 deaths. The rate of deaths per 1 million population is 80.

Austria covers all areas within the country other than Vienna.


Cost Of Living

What is the cost of living in Austria?



The cost of living for expatriates in Austria as at July 2020 is high in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 76.54 (New York =100). We have collected prices for the same items, world wide, based on Expat spending norms, in or closest to the location, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Austria is as follows:

1) Alcohol and/or Tobacco: Cost is average for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1,000 in New York costs USD$740. Average price in a store for a midrange bottle of wine is USD$10.19, domestic/local beer (500ml) USD$1.63, imported/international beer (330ml) USD$2.26 and a pack of 20 cigarettes is USD$8.01.

2) Clothing: Cost is very high for items such as business, casual and children's clothing and footwear. A basket costing USD$1,000 in New York costs USD$1250. Average price for an international brand of mens jeans is USD$95, a quality international brand of running shoes USD$92, mens leather shoes suitable for office wear USD$125 while a medium size international summer dress from a global chain store is USD$38.

3) Communication: Cost is low for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$142. Average price for a monthly standard plan internet subscription is USD$36, while the benchmark mobile tariff is USD$0.07 per minute.

4) Education: Cost is average for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30,000 in New York costs USD$24900. Average annual private international school fee (excluding extras) USD$16,261 for Primary School, and USD$18,095 for High School.

5) Furniture & Appliances: Cost is average for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2,500 in New York costs USD$1700. Average price for a 6kg front loader Washing Machine is USD$640, and USD$550 for a 46+'' LED UHD TV.

6) Groceries: Cost is high for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1,000 in New York costs USD$860. Average grocery prices in a major international retail store for 1 kg apples is USD$3.38, 1 kg oranges USD$3.55, 1 head lettuce USD$1.92, 1 kg potatos USD$1.94, 1 kg boneless, skinless, chicken breast USD$15.21, 1 kg cheddar cheese USD$17.15, 1 dozen large eggs USD$3.97, 500g loaf white bread USD$2.80, 1 L full cream milk USD$1.60, and 1.5 L water USD$0.90.

7) Healthcare: Cost is high for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1,000 in New York costs USD$790. Average healthcare cost for a private practice Doctor visit for an uninsured patient is USD$64, and a private hospital stay per day including nursing care, medications, diagnostic tests, food, and related costs is USD$1,970.

8) Household Accommodation: Cost is average for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5,000 in New York costs USD$2150. Average expatriate house / apartment rent for a secure upmarket unfurnished apartment (3 bedrooms) is USD$2,767 in a central location, and USD$1,839 in a suburban location, per month, excluding utilities.

9) Miscellaneous: Cost is high for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$495. Average price for dry cleaning (1 mens 2 pc suit) is USD$9.69, while an international newspaper is USD$2.98.

10) Personal Care: Cost is high for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$390. Average cost for a mens haircut and blow dry is USD$31, while a womens hair colour, cut and blow dry - medium length is USD$156.

11) Recreation & Culture: Cost is high for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$425. Average price for a latest release international cinema ticket (average of on and off peak where applicable) for one adult is USD$16.02, and an international fitness, recreation or sports club membership cost for one adult is USD$51 per month.

12) Restaurants Meals Out and Hotels: Cost is very high for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1,000 in New York costs USD$820. Average cappuccino price (regular, medium) is USD$4.59, coke/pepsi (330ml) USD$4.03, burger meal (international franchise or similar) USD$11.65, and a mid-range international restaurant meal for 2 USD$72.83.

13) Transport: Cost is high for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1,000 in New York costs USD$1100. Average average price over the last year for highest available octane petrol / gasoline (1L) is USD$1.39, while the benchmark car sedan purchase price including taxes/duties for a compact / small / economy vehicle (1.4 L) is USD$24,088.


How does the cost of living in Austria compare?

Austria is 12.8% more expensive than USA for groceries, -24.1% cheaper for household costs than UK, and 144.8% more expensive for transport costs than India.


What is the quality of life / hardship in Austria?

Austria is ranked as a minimal hardship location.The hardship premium for Austria for an expat from Australia, is for example 0%, i.e. host location (Austria) premium of 10% minus home (Australia) location premium of 10%.



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