Cost of Living in Vienna

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The cost of living in Vienna is notoriously high. The city was ranked 54 out of 207 cities evaluated by the Mercer Cost of Living Survey for 2016.

That said, Vienna has a wide selection of choice, catering to a range of people 
– from those who are living on a budget to those desiring luxury.

While the cost of living in Vienna is generally high, there are lots of options for those looking to save money during their stay in the city.

The cost of accommodation in Vienna

Accommodation is one of the biggest costs that expats moving to Vienna will face. A two-bedroom apartment in Vienna can cost between EUR 2,200 and EUR 3,200 per month, depending on the area of the city as well as the size and condition of the property. 

It can be challenging to find a suitable property in Vienna and most expats enlist the help of an estate agent. Expats should be aware that additional fees, which are equivalent to two or three months’ rent, can be charged by the agent. Furthermore, tenants are expected to pay a security deposit which is usually one or two months’ rent.

The cost of transport in Vienna

The second largest expense for people living in Vienna is that of car ownership. While purchasing a vehicle in Vienna is not always expensive, the cost of maintaining a car and paying for parking can become quite expensive over time.

However, this is one expense that can quite easily be avoided. The public transport network in Vienna is excellent and most of the city’s residents get around by using buses and trains. Not only does using public transport save a person money, it can in fact also save one a lot of time.

The cost of groceries in Vienna

Vienna is home to an abundance of grocery chains such as Billa, Spar and Hoffer. At these stores, expats should be able to find a good choice of groceries at reasonable prices.

Those looking to indulge themselves can head to Spar Gourmet or Merkur, which sell a variety of luxury items. Expats who are looking to save money should either visit Penny Marky or Zielpunkt, which have a lot of budget grocery options. Shopping at local markets is also a great way to save money and eat food which is local and in season.

The cost of eating out and entertainment in Vienna

Expats moving to Vienna will find plenty of good restaurants and it is possible to find something to suit every budget. From fine dining to great tasting street food, the city has a variety of dining options available.

Ethnic restaurants are not in abundance and the good ones tend to be on the pricey side. On average a meal at restaurant costs around EUR 45.

Cost of education in Vienna

Expat residents in Vienna can send their children to Austrian public schools for free. That said, the curriculum is taught in German and if a child isn't fluent, this course of action is not recommended.

Vienna has plenty of international schools which cater for expat children, but these can be quite expensive, costing as much as EUR 20,000 a year for high school students. Tuition fees vary depending on the school and the age of the child. Expats moving to Austria with kids should try and negotiate an education allowance as part of their job contract.


Cost of living chart for Austria

Prices may vary depending on product and service provider. The list below is based on prices in Vienna and shows average prices for August 2016.
Accommodation (monthly rent from unfurnished to furnished)
Furnished 2 bedroom house EUR 2,500
Unfurnished 2 bedroom house EUR 2,000
Furnished 2 bedroom apartment EUR 1,500
Unfurnished 2 bedroom apartment EUR 1,200
Food and drink
Milk (1 litre) EUR 1.20
Cheese (500g) EUR 7.50 
Dozen eggs EUR 3.50
White bread  EUR 1.76
Rice (1kg) EUR 1.56
1 packet of cigarettes (Marlboro) EUR 5
Public transportation
City centre bus/train fare EUR 2.20
Taxi rate per km EUR 1.50
Petrol/gasoline per litre EUR 1.10
Eating out
Big Mac Meal EUR 7
Coca Cola (330 ml)    EUR 2.37
Cappuccino EUR 3.06
Bottle of domestic beer EUR 3.50
Three course meal at a mid-range restaurant EUR 48
Internet uncapped ADSL per month EUR 22
Mobile call rate (mobile to mobile per minute) EUR 0.9
Electricity (average per month for standard household) EUR 152
Hourly rate for domestic help EUR 15


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