Cost of Living in Vienna

Having ranked 24th out of 226 cities in the Mercer Cost of Living Survey for 2024, Vienna is an expensive destination for expats. If you're moving to the city for work, it's essential to ensure that your salary is high enough to comfortably cover the cost of living in Vienna.

The good news is that Vienna is still cheaper than several European destinations, including Zurich in Switzerland, Copenhagen, Denmark and London, UK. Additionally, Vienna caters to all budgets and generally has a wide selection of choices for those looking to save some money, as well as those after a more luxurious Viennese lifestyle.

Cost of accommodation in Vienna

Accommodation is one of the biggest costs you will face when moving to Vienna. Rental costs vary depending on the area of the city, the size of the property, and its condition. Living in the city centre is costlier than staying in the outlying suburbs.

Finding a suitable property in Vienna can be challenging, so most expats enlist the help of an estate agent. The agent usually charges additional fees equivalent to two or three months' rent. Tenants are expected to pay a security deposit, which is often the equivalent of one to three months' rent.

Utilities are also frequently charged to the tenant's account, and you'll also have to budget for the annual fixed broadcasting fee, which is legally mandated for all Austrian households. 

Accommodation in Vienna
Areas and Suburbs in Vienna

Cost of transport in Vienna

Car ownership is another huge expense of living in Vienna. While purchasing a vehicle in the city is not always expensive, maintaining a car and paying for parking can become quite pricey over time.

That said, this is one expense you can easily avoid. The public transport network in Vienna is excellent, and most of the city's residents get around using buses and trains. Cycling is also a popular, healthy and free alternative in Vienna.

Getting Around in Vienna

Cost of groceries in Vienna

Vienna is home to many grocery chains, such as Billa, Spar, and Hoffer. You can find a good choice of groceries at these shops at reasonable prices.

Those looking to indulge can head to Spar Gourmet or Merkur, both of which sell various luxury items. If you are looking to save money, you should visit Penny Markt, which has many budget grocery options. Shopping at local markets is also a great way to save money on local seasonal produce.

Cost of entertainment and eating out in Vienna

Expats moving to Vienna will find many exquisite restaurants with diverse pricing, representing a variety of dining options. Ethnic restaurants are not overly abundant, however, and the good ones tend to be on the pricey side.

There are plenty of options for experiencing the lifestyle in Vienna, ranging from exploring the city's world-famous markets to attending an opera show at the Wiener Staatsoper (Vienna State Opera). If you're looking to enjoy these activities regularly, you should ensure you budget well, as they are all fairly pricey.

There are many free or low-cost activities for budget-conscious expats. Some museums, such as the MuseumsQuartier and Wien Museum MUSA, offer free entrance to their smaller exhibitions. A fair few parks, picturesque woods, and a river offer excellent bases for a range of free outdoor activities.

Lifestyle in Vienna

Cost of healthcare in Vienna

Austria offers everyone living, working or visiting the country free basic healthcare. The national health insurance is funded by tax contributions and ensures that you'll have access to quality healthcare in Vienna. 

Most citizens opt not to take out a private healthcare policy, but if you have this sponsored by your employers, it is fantastic for seeking quicker and more comprehensive access to healthcare services.

Healthcare in Vienna

Cost of education in Vienna

Legal residents in Vienna can send their children to Austrian public schools for free. That said, the curriculum is taught in German, which can be a difficult adjustment for a child who isn't familiar with the language.

On the other hand, Vienna has many international schools catering to expat children. These can be quite steep, but typically offer a wider range of extracurricular activities and high teaching standards. Tuition fees vary depending on the school and generally increase for higher grade levels.

Education and schools in Vienna
International Schools in Vienna

Cost of living chart for Vienna

Prices may vary depending on the product and service provider. The list below is based on average prices in Vienna for November 2024.