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Cost of Living in Austria

Cost of Living in Austria

Managing the cost of living in Austria is accessible for international students, mainly if they are provided sufficient guidance and help.

Managing and maintaining the required living expenses is one such major part of such preparation.

This blog will help Indian students learn more about the cost of living in Austria, including average monthly expenses in various cities and affordable cities, as well as tips to cut unnecessary costs.

Overview of Cost of Living in Austria

Living expenses, or the cost of living, are the finances required to sustain and maintain minimum living standards anywhere. These generally include house rent, food bills, transportation charges, utility bills like electricity, gas, phone bills, laundry, etc. 

Indian students pursuing a bachelor’s or MS in Austria get a high quality of life and a peaceful atmosphere, which creates an attractive charm and provides a beautiful aura to pursue their studies.

Here, we have briefly discussed the living expenses in Austria, including average expenses and the cost of essential services such as accommodation, meals, transportation, utility services, health insurance, etc, and more.

Average Living Expenses in Austria

Estimation of living expenses should be done in such a way that a student should feel relaxed while studying in Austria. Indian students should make their budget between 900-1500 Euros or INR 81,000-1.35 Lakh per month to maintain living standards. Tuition fees for pursuing courses should also be considered separately.

Below is the table that showcases the general breakdown of the cost of living for Indian students in Austria.

ExpensesEstimated Expenses (per month)
Accommodation850-1000 Euros (INR 76,000-90,000)
Food80-250 Euros (INR 7,000-22,000)
Transportation50-120 Euros (INR 4,000-10,000)
Amusement/Leisure150-200 Euros (INR 13,000-18,000)
Utilities Bills (Electricity, Water, Phone bills, etc.)300-350 Euros (INR 27,000-31,000)

Cost of Living in Austria: Accommodation Rent

Indian students are advised to start searching for accommodation when they receive an acceptance letter from the university. The average cost of accommodation in Austria ranges from 250 EUR-1300 EUR or INR 22,000-1.35 Lakh per month, depending on the type of accommodation chosen by the student and the city.

Below, we present a table to showcase the type of accommodation and the average rent in Austria. 

Type of AccommodationCost of Accommodation (per month)
Student Housing250-350 EUR (INR 22,000-31,000)
Shared Apartments500-800 EUR (INR 45,000-72,000)
Private Room600-1,000 EUR (INR 54,000-90,000)
Studio Apartment1,000-1,300 EUR (INR 90,000-1.17 Lakh)

Average Cost of Study in Austria

The cost of study in Austria for international students depends on the type of course and university they choose.

However, the average tuition fee in Austria for international students ranges from 1,450-21,500 EUR or INR 13 Lakh-19 Lakh per year.

Below, we have tabulated the list of top universities in Austria, their QS World Ranking 2024, and their annual tuition fee.

UniversityQS World Rankings (2024)Tuition Fees (Per Year)
University of Vienna1301,453 EUR
Technische Universität Wien18421,500 EUR
Universität Innsbruck3621450 EUR
Graz University of Technology4211450 EUR
Johannes Kepler University Linz4461450 EUR
University of Klagenfurt5801452 EUR
Karl-Franzens-Universitaet Graz6611452 EUR
Paris Lodron University of Salzburg6811498 EUR

Health Insurance for Indian Students in Austria

Indian students pursuing a bachelor’s or MS in Austria must have personal health insurance to cover their medical and pharmaceutical expenses. 

They must register for comprehensive health insurance with one of the local public carriers (Österreichische Gebietskrankenkasse). 

This insurance is only available to international students who have fulfilled several requirements regarding the duration of their studies, study programs, income, etc.

Indian students can obtain the form to apply for health insurance at Gebietskrankenkasse branch offices and the Austrian Student Union (ÖH – Österreichische Hochschülerschaft).

Alternatively, they can explore and purchase private health insurance here

Living Expenses in Austria: Top Cities

The following is an overview of the cost of living in the major cities of Austria. It includes the cost of accommodation, transportation, meals, and tourist attractions.

Cost of Accommodation

The cost of accommodation in Austria can vary depending on the type of accommodation, city, and local Texas applied by the authorities.

Innsbruck is considered the most expensive city for international students in terms of accommodation cost, which ranges between 900-1100 EUR (INR 81,000-99,000).

Linz is an affordable Austrian city in which to choose economic accommodation options, and the cost of accommodation lies in the range between 500-650 EUR (INR 45,000-58,000). 

CityCost of Accommodation (per month)
Vienna450-550 EUR (INR 40,000-49,000)
Innsbruck900-1100 EUR (INR 81,000-99,000)
Graz500-800 EUR (INR 45,000-72,000)
Linz500-650 EUR (INR 45,000-58,000)
Salzburg800-1,000 EUR (INR 72,000-90,000)

Cost of Transportation

Estimating transportation costs is another significant component of the cost of living for international students in any foreign country.

In Austria, the cost of transportation depends on type of vehicle, city, and road tax applied by the local authority.

 However, students can easily commute within the city at the rate of 2-30 EUR (INR 180-2000) per month when they choose local taxis and bus services.

CityCost of Transportation (per month)
Vienna30-50 EUR (INR 2000-4,000)
Innsbruck10-50 EUR (INR 900-4,500)
Graz3-60 EUR (INR 180-5,400)
Linz2-60 EUR (INR 180-5,400)
Salzburg2-60 EUR (INR 180-5,000)

Cost of Meals

In foreign countries like Austria, finding the appropriate meal options can be a difficult task for Indian students. The average cost of a meal can vary between 15-350 EUR (INR 1,300-31,000) per month, depending on the type of food and city.

CityCost of Meals (per month)
Vienna300-350 EUR (INR 27,000-31,000)

Innsbruck10-70 EUR (INR 900-6,000)
Graz20-70 EUR (INR 1,800-6,000)
Linz20-70 EUR (INR 1,800-6,000)
Salzburg15-70 EUR (INR 1,300-6,000)

Utilities Expenses

Utility expenses include electricity, water, internet, and other essential services that can impact the day-to-day life of the student.

In Austria, the average cost of utility services lies in the range of 275-400 EUR (INR 1,800-36,000) per month, depending on lifestyle preferences, quality of services, and city.

CityUtilities Expenses (per month)
Vienna350-400 EUR (INR 31,000-36,000)
Innsbruck40-300 EUR (INR 3,600-27,000)
Graz30-300 EUR (INR 2,700-27,000)
Linz20-275 EUR (INR 1,800-24,000)
Salzburg20-360 EUR (INR 1,800-32,000)

Overall Expenses in Top Cities

Below is the overall estimation of all the major components of the living expenses in Denmark for international students from the top cities:

CityAccommodation (per month)Transportation
(per month)

Meals (per month)Utilities (per month)Total
Vienna450-550 EUR (INR 40,000-49,000)30-50 EUR (INR 2000-4,000)300-350 EUR (INR 27,000-31,000)350-400 EUR (INR 31,000-36,000)1,130-1,350 EUR (INR 1.01-1.21 Lakh)
Innsbruck900-1100 EUR (INR 81,000-99,000)10-50 EUR (INR 900-4,500)10-70 EUR (INR 900-6,000)40-300 EUR (INR 3,600-27,000)960-1,520 EUR (INR 86,000-1.37 Lakh)
Graz500-800 EUR (INR 45,000-72,000)3-60 EUR (INR 180-5,400)20-70 EUR (INR 1,800-6,000)30-300 EUR (INR 2,700-27,000)553-1,230 EUR (INR 50,000-1.10 Lakh)
Linz500-650 EUR (INR 45,000-58,000)2-60 EUR (INR 180-5,400)15-70 EUR (INR 1,300-6,000)20-275 EUR (INR 1,800-24,000)537-1,055 EUR (INR 48,000-95,000)
Salzburg800-1,000 EUR (INR 72,000-90,000)2-60 EUR (INR 180-5,000)15-70 EUR (INR 1,300-6,000)20-360 EUR (INR 1,800-32,000)837-1,490 EUR (INR 75,000-1.34 Lakh)

Tips to Cut Living Expenses in Austria

The following are some general tips for Indian students in Austria to reduce unnecessary expenses:

  • Opt for a sharing or student living services to cut accommodation costs.
  • Public transportation systems can be preferred over private taxis or cabs to reduce transportation costs.
  • A monthly track of living expenses in Austria can be maintained to reduce the tendency to over-expenditure.
  • Exploring part-time job opportunities can help students cut expenses and foster the necessary skills for future employment. 

Conclusion

Austria is one of the best study destinations for Indian students. The average tuition fees in Austrian universities generally range from 1450 Euros to 21,000 Euros per year (INR 1.30-18 Lakh), depending on the university and the course. International students can explore affordable stays in various Austrian cities like Vienna, Innsbruck, Graz, Linz, etc., where the average cost of living ranges from 900-1,500 EUR per month (INR 81,000-1.35 Lakh)

With proper and appropriate guidance, Indian students will have no difficulty finding cheap and economical accommodation in the country.

FAQs

What is a good salary in Austria?

A good salary in Austria can depend on various factors like employer, location, industry, experience, etc. However, the average salary between 3,800-4,388 EUR or INR 3.44 Lakh-3.97 Lakh per month is considered an excellent salary to sustain in cities like Vienna, Litz, Graz, etc.

The average pay for a part-time job in Austria for students is between 800-1,000 EUR or INR 72,000-90,000 per month, depending on the type of job and the employer.

Indian students do not need to pay income tax until they earn through part-time employment. The tax amount depends on several factors, such as salary range and occupation.

If you are an aspirant looking to study at your dream university, book an appointment with AdmitX today and start your applications early to avail yourself of all the benefits.

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