Austria Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$354

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$19

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$36

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$2,808

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Austria Cost of Living trends and investment implications

Market Overview

Austria presents a mixed bag of affordability for expats and remote workers, with utility costs moderately consuming income but offering decent internet infrastructure for digital nomads. Salaries have struggled to keep pace with rising living costs, particularly in urban centers like Vienna, impacting overall affordability for newcomers considering property investments.

Key Findings

Data-driven insights

•Basic utilities cost approximately $272/month, which accounts for about 10% of an average net salary of $2,720.
•Internet plans average $35/month for high-speed connections, crucial for remote work viability.
•Mobile plans are reasonably priced at about $25/month for substantial data packages.
•Utilities and connectivity can consume up to 15-20% of an average expat salary in urban settings.

Market Trends

Historical patterns

•Since 1958, utility costs have risen steadily, outpacing salary growth by approximately 1.5% annually.
•Internet and mobile plan costs have decreased due to technological advancements, despite a slight rise in recent years.
•Salaries in Austria have seen moderate growth, yet not sufficiently to counterbalance the increasing living expenses, particularly in major cities.

For Investors

Actionable takeaways

•Expats should budget around $300-$350 monthly for utilities and connectivity to maintain a comfortable lifestyle.
•Given the slower salary growth, property investors should consider the potential impact on rental demand and pricing power in urban centers.
•Digital nomads will find Austria's internet infrastructure adequate, though should be mindful of higher living costs compared to Eastern European alternatives.
•Investors should assess the long-term viability of property investments in the face of rising utility costs and static salary growth.

Market Context

Austria's cost of living, particularly in urban areas, is higher compared to neighboring Central European countries like Hungary or Slovakia, but remains lower than Western European counterparts such as Germany and Switzerland. This positioning offers a unique blend of affordability and quality of life, though careful budgeting is essential for property investors and expats.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.