Although Austria is counted among the richest countries of the world, the general cost of living in Austria is not so high compared to other European countries.
How much money will I need?
In the following listing you will find an estimate of the monthly living costs for students (in euros). These figures only serve as a guideline and cannot be seen as binding. Under accommodation costs, a place in a student hall of residence has been used as the basis of calculation.
Accommodation approx. 450 euros
The costs depend on the city in which you want to study, what is included in the rent and the arrangements made by the institution. Housing in Vienna, for example, is more expensive than in smaller towns. You can find more information about housing in our section on accommodation.
Food (excluding luxuries and tobacco) approx. 350 euros
Fortunately, Austria has many discount supermarkets, which offer food at reasonable prices. Many universities have so called self-service student cafeterias (Mensa) where you can get a good meal at a good price. But the cheapest way to eat is to do your own cooking.Some average prices: a cup of coffee/tea in a café: 3,50 euros, a sandwich at a bakery: 4.50 euros, a dinner in a typical student restaurant: 12 euros.
Studies and personal requirements (books, culture, recreation): approx. 400 euros
A metro or bus ticket cost around 2.50 euros for a single fare in the city, a cinema ticket cost approximately 10 euros and a ticket for a museum about 14 euros. However, students are eligible for a number of price concessions. Public transportation authorities and many museums, cinemas, theatres and other cultural venues give student discounts when you show your student card.
Total per month approx. 1,200 Euros
The average monthly living expenses for a student in Austria are approximately 1,200 euros. This may vary a bit, depending on your study location – for example, accommodation and other living costs may be higher in Vienna and other larger cities than for example in Wr. Neustadt. And, of course, the amount of money you will need greatly depends on how economically you live. Therefore, it is difficult to say exactly how much money a student in Austria needs per month.
FAQs
Is Austria expensive for international students? 1,000 Euros is the average figure that you require on a monthly basis in living costs, while tuition fees may hover around 3,000-23,000 Euros annually. The country is not as costly as many other leading international study destinations.
How much money do you need to live comfortably in Austria? ›
The average monthly living cost for one person in Austria is roughly €1,709, but it varies depending on location, lifestyle, and type of housing. Couples can anticipate monthly expenses of approximately €3,100, while a family of 4 would typically have total monthly living costs of around €4,903.
How much do international students pay in Austria? ›
In addition to the 20 EUR/semester, non-EU/EEA students will have to pay on average 726.72 EUR per semester for tuition fees. Many public universities make exceptions for students from developing countries, who are not charged any tuition fees.
Is 1000 euros enough for a month in Austria? ›
For students in Austria, living expenses can be more manageable, ranging from INR 63,000 to INR 90,000 (EUR 700 to EUR 1,000) per month. This includes shared accommodation, food, transportation, and other essentials.
Is Austria cheaper than the USA? ›
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. Food prices are probably somewhat higher than those in the United States.
Can a US citizen live in Austria? ›
Families wishing to immigrate to Austria from the US must apply for the respective residence permit, which is valid for one year. This document allows access to jobs valid on the Austrian market. Please get in touch with our lawyers in Austria for more information on how to apply for a residence permit in Austria.
Is Austria expensive for students? ›
Non-EEA/EU students pay approximately 726.72 Euros per semester as their tuition costs. Universities of Applied Sciences (UAS) charge approximately 363 Euros for each semester for EEA/EU students, while non-EEA/EU students pay around 727 to 7,500 Euros per semester.
How much is monthly rent in Austria? ›
“Rents in Austria rose again at the beginning of 2023. In the first quarter, the average monthly rent including running costs was €611.9 per main rental apartment or €9.1 per square meter – 7.8% higher than in the same quarter of the previous year.
How much bank balance is required for an Austria student visa? ›
For full-time students, the bank balance required for an Austrian student visa is a minimum of €7,357.92 for under 24-year-olds and a minimum of €13,323.12 for students 24 and above. Here's the breakdown.
Is Austria a good option for international students? ›
Ready to start your study adventure in Austria? Austria is a great place for future international students like you. It has very affordable tuition fees when compared to other popular study destinations, like the US, UK, or Australia.
Austrians earn USD 53 132 per year on average, more than the OECD average of USD 49 165. Another essential factor of employment quality is job security, in terms of expected loss of earnings when someone becomes unemployed.
Which is cheaper, Austria or Germany? ›
The cost of living in Austria is just slightly above that in Germany. In Austria, the living cost is estimated at around €1,100 per month. While in Germany, it is estimated to be €934 per month.
Is it better to live in Austria or the USA? ›
Life in Austria
Most places might be slightly more expensive than the United States, but not significantly. Unlike the typical situation in most of the USA, Austrians do not shop on Sundays or at night. Expect to see shops close early. Live in Austria is also far more relaxed than in the states.
Is it a good idea to move to Austria? ›
If you're considering living in Austria, you're probably asking yourself if it's a good place to live. Austria has a high quality of life, a well-developed public transport system, and breathtaking scenery. But before you pack your bags, getting to know your new home better is a good idea.
What is considered a good salary in Austria? ›
A single person with a monthly income between €2,500 and €3,500 can have a comfortable standard of living in Austria. Whereas a family of 3, needs a monthly income between €4,000 and €5,000 to live comfortably. Note that bigger cities like Vienna and Salzburg have higher living costs and salaries.
