Austria Living Wage Individual (2024)

Living Wage Individual in Austria decreased to 1010 EUR/Month in 2018 from 1080 EUR/Month in 2017. Living Wage Individual in Austria averaged 1011.25 EUR/Month from 2015 until 2018, reaching an all time high of 1080.00 EUR/Month in 2017 and a record low of 975.00 EUR/Month in 2015. source: WageIndicator Foundation

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Austria Living Wage Individual

WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Actual Previous Highest Lowest Dates Unit Frequency
1010.00 1080.00 1080.00 975.00 2015 - 2018 EUR/Month yearly

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Austria Living Wage Individual (2024)

FAQs

Austria Living Wage Individual? ›

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.

What is a livable wage in Austria? ›

Living Wage Individual in Austria averaged 1011.25 EUR/Month from 2015 until 2018, reaching an all time high of 1080.00 EUR/Month in 2017 and a record low of 975.00 EUR/Month in 2015.

What is the standard of living 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, women's rights, and human rights.

Is 40k a good salary in Vienna? ›

What is a good salary in Vienna? While the average salary in Vienna is €51,823, earning an annual salary ranging from €30,000 to €42,000 is considered a good income.

Is 70k euro a good salary in Austria? ›

You will do quite great. After taxes, you will take home at least about 3900 Euros a month (12 times a year).

What is the average income in Austria in USD? ›

In Austria, the average household net-adjusted disposable income per capita is USD 37 001 a year, more than the OECD average of USD 30 490 a year. In terms of employment, about 72% of people aged 15 to 64 in Austria have a paid job, above the OECD employment average of 66%.

How much does it cost to live in Vienna for a single person? ›

Summary of cost of living in Vienna, Austria: A family of four estimated monthly costs are 3,710.0$ (3,473.8€) without rent. A single person estimated monthly costs are 1,078.0$ (1,009.3€) without rent.

Can you live in Austria as a US citizen? ›

Austrian residence permit for non-EU citizens

If you do not have EU/EEA or Swiss nationality, you are considered a national of a third country. This will necessitate a residence permit to stay in Austria. The best option to obtain permanent residence in Austria is to apply for a Red-White-Red Card.

Is 40000 euro a good salary in Austria? ›

A gross salary of 40,000 Euro is considered to be a decent income in Vienna. However, the cost of living in Vienna can vary depending on individual circ*mstances and lifestyle choices.

Is 60,000 euros a good salary in Austria? ›

The highest salaries in Austria

Here, specialists and managers earn more than 60,000 euros gross per year on average. But you can also expect a similarly high average salary in Austria in the IT sector, in banking or at companies in the energy and water supply industries.

What is a low salary in Austria? ›

Although the timelines for each industry differed, all had gradually implemented it by 2020. Because the minimum wage in Austria is now set at €1,500 a month, it is now on par with other western European countries such as France and Germany.

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