Cost Of Living For a Student in Vienna 2025

Student cost of living chart - average monthly expenditure in Vienna

Average Monthly Expenditure

Currency: EUR
380 2,400 27,000
MINIMUM AVERAGE MAXIMUM
$410 $2,600 $29,000

Average monthly spending for students in Vienna

How much money does a student need in a month to survive in Vienna?

Students in Vienna spend around 2,400 EUR per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 380 EUR or as high as 27,000 EUR. Location is a very important factor and has a huge influence on expenditure and budget.

Distribution of monthly cost of living expenses of a student in Vienna

How do students spend their money in Vienna?

We asked thousands of students about their spending habits and expenditure break down.

Housing and accomodation expenditure for students

Accomodation Cost21%

21% of total expenses on average (16% to 27%)

LOW$98   90 EUR
AVERAGE$630   580 EUR
HIGH$7,000   6,500 EUR
Per Month

Students in Vienna typically spend from 16% to 27% of their total monthly expenditure on housing with 21% being the average. The average monthly spend on housing is 580 EUR with expenditure ranging from 90 EUR to 6,500 EUR. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for students

Cost of utilities5%

5% of total expenses on average (3% to 9%)

LOW$14   13 EUR
AVERAGE$94   86 EUR
HIGH$1,000   960 EUR
Per Month

Utility expenditure like electricity, water, and gas in Vienna ranges from 3% to 9% of total expenses with 5% being the average for most students. The average monthly cost of utilities is 86 EUR with 13 EUR and 960 EUR being the upper and lower limits for a student of four.

Transport, fuel, and commute expenditure for students

Cost of transport and fuel5%

5% of total expenses on average (5% to 11%)

LOW$27   25 EUR
AVERAGE$180   160 EUR
HIGH$2,000   1,800 EUR
Per Month

Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 25 EUR to 1,800 EUR in a month on commuting with 160 EUR being the norm for most students. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 5% or as high as 11%.

Food, groceries, and basic shopping expenditure for students

Food and Groceries Cost22%

22% of total expenses on average (16% to 26%)

LOW$76   70 EUR
AVERAGE$490   450 EUR
HIGH$5,500   5,000 EUR
Per Month

The average outlay on groceries and basic houshold items for a typical student in a month in Vienna is 450 EUR. The cost of groceries can range between 70 EUR to 5,000 EUR. Students spend on average about 22% on food and groceries with upper and lower bounds of 16% and 26% respectively.

Healthcare and medical services expenditure for students

Cost of healthcare8%

8% of total expenses on average (5% to 11%)

LOW$20   19 EUR
AVERAGE$130   120 EUR
HIGH$1,500   1,300 EUR
Per Month

Students in Vienna allocate 5% to 11% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 8%. The range of medical expenses range from 19 EUR to 1,300 EUR with 120 EUR being the norm for most students.

Leisure and shopping expenditure for students

Cost of leisure and shopping4%

4% of total expenses on average (2% to 8%)

LOW$19   17 EUR
AVERAGE$120   110 EUR
HIGH$1,400   1,300 EUR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 17 EUR to 1,300 EUR with 110 EUR being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most students.

Education and schooling expenditure for students

Cost of education and schooling19%

19% of total expenses on average (12% to 24%)

LOW$72   66 EUR
AVERAGE$470   430 EUR
HIGH$5,200   4,800 EUR
Per Month

Spending on education can vary drastically between different students. On average, education constitutes 19% of the monthly expenditure of students with 12% and 24% being the lower and upper bounds respectively. The average reported education cost is 430 EUR per month with 66 EUR being the minimum spent amount and 4,800 EUR being the maximum.

Other Expenses17%

17% of total expenses on average (11% to 23%)

LOW$60   55 EUR
AVERAGE$390   360 EUR
HIGH$4,300   4,000 EUR
Per Month
Income and cost of living compatibility. Is it affordable or economical for students to live in Vienna

Affordable living in Vienna

Income and cost of living compatibility

We asked students one simple question and recorded their answers.

Is it affordable or economical to live in Vienna?


Yes
74%
No
26%

Around 74% of surveyed students think that living in Vienna is affordable with proper budgeting while 26% reported that it is just too expensive and not affordable even with frugality and thriftness.

Prices and cost of goods and services in Vienna

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Vienna

Dining, food, and beverages costs


Fast food combo meal

4.6 EUR 9.1 EUR 15 EUR
MINIMUM AVERAGE MAXIMUM
$5 $9.9 $17

Restaurant meal for one

16 EUR 24 EUR 48 EUR
MINIMUM AVERAGE MAXIMUM
$17 $26 $52

Fine dining meal for one

30 EUR 46 EUR 180 EUR
MINIMUM AVERAGE MAXIMUM
$33 $50 $200

Cappuccino or latte

3.9 EUR 6.3 EUR 9.4 EUR
MINIMUM AVERAGE MAXIMUM
$4.3 $6.8 $10

Grocery and market costs


Milk large bottle

3.2 EUR 3.8 EUR 4.8 EUR
MINIMUM AVERAGE MAXIMUM
$3.4 $4.1 $5.2

12 eggs

2.3 EUR 3 EUR 4.5 EUR
MINIMUM AVERAGE MAXIMUM
$2.5 $3.3 $4.9

Fresh whole chicken

5.4 EUR 7 EUR 10 EUR
MINIMUM AVERAGE MAXIMUM
$5.9 $7.6 $11

Pack of beef

6.6 EUR 9.9 EUR 20 EUR
MINIMUM AVERAGE MAXIMUM
$7.2 $11 $22

Medium bag of rice

2.4 EUR 3.3 EUR 4.7 EUR
MINIMUM AVERAGE MAXIMUM
$2.6 $3.6 $5.1

Bag of tomatos

0.92 EUR 1.2 EUR 2.3 EUR
MINIMUM AVERAGE MAXIMUM
$1.00 $1.3 $2.5

Bag of apples

1.7 EUR 2.2 EUR 3.6 EUR
MINIMUM AVERAGE MAXIMUM
$1.8 $2.4 $3.9
Chart showing the prices and cost of commute, travel, and transportation in Vienna

Commute, travel, and transportation costs


20 minutes taxi ride

4 EUR 4.8 EUR 9.6 EUR
MINIMUM AVERAGE MAXIMUM
$4.3 $5.2 $10

Average car full tank

23 EUR 31 EUR 61 EUR
MINIMUM AVERAGE MAXIMUM
$25 $33 $66

Average car 1-day rental

21 EUR 29 EUR 43 EUR
MINIMUM AVERAGE MAXIMUM
$23 $31 $46

Average car price

11,000 EUR 22,000 EUR 29,000 EUR
MINIMUM AVERAGE MAXIMUM
$12,000 $24,000 $32,000

Bus ticket one way

0.73 EUR 1.1 EUR 2.2 EUR
MINIMUM AVERAGE MAXIMUM
$0.79 $1.2 $2.4

Car Service

30 EUR 45 EUR 89 EUR
MINIMUM AVERAGE MAXIMUM
$32 $48 $97
Chart showing the prices and cost of utility, energy, water, and gas for a student in Vienna

Utility cost (monthly)


Utility Bill - Student

13 EUR 86 EUR 960 EUR
MINIMUM AVERAGE MAXIMUM
$14 $94 $1,000

Internet and cable

24 EUR 48 EUR 64 EUR
MINIMUM AVERAGE MAXIMUM
$26 $52 $69

Mobile phone charges

16 EUR 26 EUR 78 EUR
MINIMUM AVERAGE MAXIMUM
$17 $28 $85

Leisure and activities costs


Movie ticket

10 EUR 14 EUR 20 EUR
MINIMUM AVERAGE MAXIMUM
$11 $15 $22

One month gym membership

37 EUR 47 EUR 94 EUR
MINIMUM AVERAGE MAXIMUM
$41 $51 $100
Chart showing the prices and cost of clothing and accessories in Vienna

Cloths and accessories costs


Pair of jeans or pants

28 EUR 40 EUR 60 EUR
MINIMUM AVERAGE MAXIMUM
$31 $43 $65

Woman dress

27 EUR 38 EUR 120 EUR
MINIMUM AVERAGE MAXIMUM
$30 $41 $130

Woman shoes

24 EUR 33 EUR 76 EUR
MINIMUM AVERAGE MAXIMUM
$26 $35 $83

Men's shoes

21 EUR 26 EUR 52 EUR
MINIMUM AVERAGE MAXIMUM
$23 $28 $56

Men suit

24 EUR 30 EUR 160 EUR
MINIMUM AVERAGE MAXIMUM
$26 $33 $170

Regular t-shirt

12 EUR 16 EUR 49 EUR
MINIMUM AVERAGE MAXIMUM
$13 $18 $53
Chart showing the prices and cost of housing, accommodation, and rent in Vienna

Housing costs / monthly rent


Studio apartment

440 EUR 660 EUR 1,800 EUR
MINIMUM AVERAGE MAXIMUM
$480 $720 $1,900

1-bedroom apartment

680 EUR 1,100 EUR 2,700 EUR
MINIMUM AVERAGE MAXIMUM
$730 $1,200 $2,900

2-bedroom apartment

920 EUR 1,400 EUR 3,700 EUR
MINIMUM AVERAGE MAXIMUM
$1,000 $1,500 $4,000

Housing costs / Buying


Studio apartment

92,000 EUR 140,000 EUR 280,000 EUR
MINIMUM AVERAGE MAXIMUM
$100,000 $150,000 $300,000

1-bedroom apartment

110,000 EUR 190,000 EUR 710,000 EUR
MINIMUM AVERAGE MAXIMUM
$120,000 $200,000 $770,000

2-bedroom apartment

180,000 EUR 530,000 EUR 1.1M EUR
MINIMUM AVERAGE MAXIMUM
$190,000 $570,000 $1.1M
Chart showing the prices and cost of furniture in Vienna

Furniture Costs


King Size Bed

450 EUR 570 EUR 750 EUR
MINIMUM AVERAGE MAXIMUM
$490 $610 $820

Double Bed

310 EUR 460 EUR 580 EUR
MINIMUM AVERAGE MAXIMUM
$340 $500 $630

Single Bed

280 EUR 370 EUR 480 EUR
MINIMUM AVERAGE MAXIMUM
$300 $400 $520

Living Room

540 EUR 700 EUR 2,400 EUR
MINIMUM AVERAGE MAXIMUM
$590 $750 $2,600

Dining Table

230 EUR 300 EUR 570 EUR
MINIMUM AVERAGE MAXIMUM
$250 $330 $610

Sofa or Couch

310 EUR 420 EUR 930 EUR
MINIMUM AVERAGE MAXIMUM
$340 $460 $1,000
Chart showing the prices and cost of electronic devices and appliances in Vienna

Electronics and House Appliance Costs


TV Set

310 EUR 470 EUR 930 EUR
MINIMUM AVERAGE MAXIMUM
$340 $510 $1,000

Fridge or Freezer

280 EUR 430 EUR 600 EUR
MINIMUM AVERAGE MAXIMUM
$300 $470 $650

Washing Machine

340 EUR 490 EUR 890 EUR
MINIMUM AVERAGE MAXIMUM
$370 $540 $960

Stove or Cooker

330 EUR 410 EUR 570 EUR
MINIMUM AVERAGE MAXIMUM
$350 $450 $620

Mobile Phone

390 EUR 470 EUR 670 EUR
MINIMUM AVERAGE MAXIMUM
$420 $510 $720

Laptop or Computer

430 EUR 530 EUR 950 EUR
MINIMUM AVERAGE MAXIMUM
$470 $580 $1,000

Emergency Funds For Students

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked students whether they have an emergency fund and the answers were as follows.

Yes69%

No31%


Based on the survey, 31% of the students living in Vienna said that they don't have an emergency fund while 69% said that they do.

A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

How easily is cost-cutting for students. Are there plenty of low-cost options in Vienna

Low-cost alternatives in Vienna

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked students how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options59%

Few low-cost options41%


Based on the survey, 59% of the students living in Vienna have no problem finding low-cost alternatives to support a frugal lifestyle while 41% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Financial literacy and difficulty in budgeting and financial planning for students in Vienna

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy69%


We asked student guardians and parents in Vienna whether they acquired any adequate personal financial training in their lives. Approximately 31% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 69% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether students of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 35% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 65% said that they have everything under control.

Struggles with finance35%

Easily manages finances65%

Monthly costs and expenses of energy and basic utilities in Vienna

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Vienna

Utility Bill Cost / Electricity + Water + Gas / Student

13 EUR 86 EUR 960 EUR
MINIMUM AVERAGE MAXIMUM
$14 $94 $1,000

Internet and cable cost

24 EUR 48 EUR 64 EUR
MINIMUM AVERAGE MAXIMUM
$26 $52 $69

Mobile phone bill and charges

16 EUR 26 EUR 78 EUR
MINIMUM AVERAGE MAXIMUM
$17 $28 $85

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of students is around 86 EUR. The cost of internet and WiFi ranges from 24 EUR to 64 EUR with 48 EUR being the average internet bill. Finally, the average monthly mobile charges is around 26 EUR but can range between 16 EUR and 78 EUR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


2.4% 5.9% of income 11%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Vienna is around 5.9%. This means that people pay 5.9% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.4% to 11% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Vienna

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Vienna

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

4.6 EUR 9.1 EUR 15 EUR
MINIMUM AVERAGE MAXIMUM
$5 $9.9 $17

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Vienna is approximatly 9.1 EUR with meal cost ranging from 4.6 EUR to 15 EUR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

16 EUR 24 EUR 48 EUR
MINIMUM AVERAGE MAXIMUM
$17 $26 $52

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 16 EUR and 48 EUR with 24 EUR being the average price of a plate for one person at a regular restaurant in Vienna.

Fine dining meal for one price

30 EUR 46 EUR 180 EUR
MINIMUM AVERAGE MAXIMUM
$33 $50 $200

The price range of a meal at fine-dining restaurant is 30 EUR to 180 EUR with the average cost being 46 EUR for one person. This is what you would expect to pay a top-tier diner in Vienna.

Beverage prices, cappuccino, latte etc..

3.9 EUR 6.3 EUR 9.4 EUR
MINIMUM AVERAGE MAXIMUM
$4.3 $6.8 $10

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Vienna is around 6.3 EUR. Price ranges between 3.9 EUR and 9.4 EUR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

3.2 EUR 3.8 EUR 4.8 EUR
MINIMUM AVERAGE MAXIMUM
$3.4 $4.1 $5.2

The average price of a large bottle of milk in Vienna is 3.8 EUR. The maximum what you would pay for milk is 4.8 EUR and the minimum being 3.2 EUR depending on the brand of milk and other properties.

12 eggs price

2.3 EUR 3 EUR 4.5 EUR
MINIMUM AVERAGE MAXIMUM
$2.5 $3.3 $4.9

A dozen eggs costs around 3 EUR on average with 2.3 EUR and 4.5 EUR being the lower and upper limits respectively.

Fresh whole chicken price

5.4 EUR 7 EUR 10 EUR
MINIMUM AVERAGE MAXIMUM
$5.9 $7.6 $11

The price range of a fresh whole chicken in Vienna is between 5.4 EUR and 10 EUR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 7 EUR.

Pack of beef price

6.6 EUR 9.9 EUR 20 EUR
MINIMUM AVERAGE MAXIMUM
$7.2 $11 $22

The price of a regular pack of beef or meat is around 9.9 EUR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

2.4 EUR 3.3 EUR 4.7 EUR
MINIMUM AVERAGE MAXIMUM
$2.6 $3.6 $5.1

A bag of rice in Vienna costs around 3.3 EUR on average with prices rangeing between 2.4 EUR and 4.7 EUR depending on the brand and quality.

Bag of tomatos price

0.92 EUR 1.2 EUR 2.3 EUR
MINIMUM AVERAGE MAXIMUM
$1.00 $1.3 $2.5

A bag of tomatoes costs anywhere from 0.92 EUR to 2.3 EUR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.7 EUR 2.2 EUR 3.6 EUR
MINIMUM AVERAGE MAXIMUM
$1.8 $2.4 $3.9

A bag of apples costs 2.2 EUR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Expenditure on food and grocery for students

Students' spending on grocery ranges from 70 EUR to 5,000 EUR with the location, income, and size of the student being the most determinite factors.

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Vienna

Housing costs, accommodation, and housing affordability in Vienna

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Vienna

Monthly Rent Prices

Studio apartment monthly rent cost

440 EUR 660 EUR 1,800 EUR
MINIMUM AVERAGE MAXIMUM
$480 $720 $1,900

1-bedroom apartment monthly rent cost

680 EUR 1,100 EUR 2,700 EUR
MINIMUM AVERAGE MAXIMUM
$730 $1,200 $2,900

2-bedroom apartment monthly rent cost

920 EUR 1,400 EUR 3,700 EUR
MINIMUM AVERAGE MAXIMUM
$1,000 $1,500 $4,000

3-bedroom apartment monthly rent cost

1,100 EUR 1,900 EUR 5,200 EUR
MINIMUM AVERAGE MAXIMUM
$1,200 $2,000 $5,600

Furnished apartment monthly rent cost

2,200 EUR 5,400 EUR 11,000 EUR
MINIMUM AVERAGE MAXIMUM
$2,300 $5,900 $12,000

Townhouse monthly rent cost

1,800 EUR 2,600 EUR 7,600 EUR
MINIMUM AVERAGE MAXIMUM
$1,900 $2,900 $8,200

House monthly rent cost

2,200 EUR 5,400 EUR 11,000 EUR
MINIMUM AVERAGE MAXIMUM
$2,400 $5,900 $12,000

Villa monthly rent cost

2,600 EUR 6,600 EUR 11,000 EUR
MINIMUM AVERAGE MAXIMUM
$2,900 $7,200 $11,000

The monthly rental cost of a studio apartment in Vienna ranges between 440 EUR and 1,800 EUR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 680 EUR to 2,700 EUR. Two-bedroom rentals rate ranges between 920 EUR and 3,700 EUR per month. The monthly rental for a three-bedroom apartment ranges from 1,100 EUR to 5,200 EUR. The average rent of a townhouse in Vienna is around 2,600 EUR while house rental costs can be as high as 5,400 EUR per month. Finally, if you want to rent a villa, expect to pay anywhere from 2,600 EUR to 11,000 EUR per month.



Apartment and house prices in Vienna

Cost of buying a property

Studio apartment price

92,000 EUR 140,000 EUR 280,000 EUR
MINIMUM AVERAGE MAXIMUM
$100,000 $150,000 $300,000

1-bedroom apartment price

110,000 EUR 190,000 EUR 710,000 EUR
MINIMUM AVERAGE MAXIMUM
$120,000 $200,000 $770,000

2-bedroom apartment price

180,000 EUR 530,000 EUR 1.1M EUR
MINIMUM AVERAGE MAXIMUM
$190,000 $570,000 $1.1M

3-bedroom apartment price

600,000 EUR 900,000 EUR 2.7M EUR
MINIMUM AVERAGE MAXIMUM
$650,000 $980,000 $2.9M

Townhouse price

790,000 EUR 1.9M EUR 6.9M EUR
MINIMUM AVERAGE MAXIMUM
$860,000 $2M $7.5M

House price

950,000 EUR 5.7M EUR 8.1M EUR
MINIMUM AVERAGE MAXIMUM
$1M $6.2M $8.8M

Villa price

1.1M EUR 6.3M EUR 9.4M EUR
MINIMUM AVERAGE MAXIMUM
$1.2M $6.8M $10M

The average price of a studio apartment in Vienna can range from 92,000 EUR to 280,000 EUR depending on location. One bedroom cost can be anywhere from 110,000 EUR to 710,000 EUR. A villa can cost you 6.3M EUR on average with prices ranging from 1.1M EUR to 9.4M EUR.


If you're leasing or purchasing, housing costs in Vienna will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


58 x171 monthly income 292
MINIMUM AVERAGE MAXIMUM

Property prices in Vienna can be x171 to x292 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x171 multiples of the average monthly salary in Vienna.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


28% 40% of income 52%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Vienna is around 40%. This means that people pay 40% of their income for rent. Those figures can range from 28% to 52% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
31%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.3%
AVERAGE
3.3%
TO
4.3%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


7.5 EUR 75 EUR 1,100 EUR
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Published: November 25, 2024   Last Update: March 26, 2025



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