Taxes in Austria
In Austria, income tax depends on how much you earn:
- If your income is less than €11,693, there is no tax (0%).
- If your income is between €11,694 and €19,134, the tax rate is 20%
- If your income is between €19,136 and €32,075, the tax rate is 30%
- If your income is between €32,076 and €62,080, the tax rate is 42%
- If income is between €62,081 and €93,120, the tax rate is 48%
- If income is between €93,121 and €1,000,000, the tax rate is 50%.
- If income is above €1,000,000, the tax rate is 55%.
Cost of living in Austria
Food
Food costs €200-300 per person per month. For a family of three, it costs €600 or more.
Prices for basic products in Austria are as follows:
- Milk (1 liter): approximately €1.50–1.80
- Eggs (12): approximately €4.50–5.50
- Chicken fillet (500 g): around €6.50–8.50
- Potatoes (1 kg): around €2.20–3.00
- Apples (1 kg): approximately €2.50–3.50
- Cheese (500 g): around €7–10
- Bread: approximately €2.50
Transport
Most roads in the country are toll roads, but the transport system is well developed. An annual travel pass costs €467 and is a good option for those who use transport frequently. For comparison, a single one-way trip costs €3.20.
How much does housing cost
The cost of renting an apartment in Austria depends on the city and area. On average, prices for inexpensive apartments in 2024 are as follows:
- 1-room apartment: €500 to €800 per month
- 2-room apartment: €700 to €1,200 per month
- 3-room apartment: €900 to €1,500 per month
In large cities such as Vienna, Salzburg, or Innsbruck, prices will be higher, especially in central areas.
Utilities for a one-room apartment in Austria cost approximately €150-250 per month, including electricity, water, heating, internet, garbage collection, and common building expenses (electricity — €30-60, water — €15-30, heating and hot water — €50-100, internet — €25-50, garbage collection — €10-20, building expenses, elevator, cleaning — €20-50).
If you get a job at a hotel complex, you will be offered good apartments: one-room apartments for €150, two-room apartments for €220, and three-room apartments for €280. This amount includes all utilities, internet, and parking. There is also a free kindergarten for small children. As an employee, you will have access to bonuses such as a swimming pool and gym.
Websites where you can search for accommodation:
The "provisionfrei" (no commission) filter will help you find accommodation without commission, and the website will select options that do not include real estate agent services. There are also many groups on social media where you can find information about accommodation.
You can book a hotel in Austria with a discount of up to 65% on the website.
Health
Healthcare in Austria is well developed and accessible not only to residents thanks to the availability of both public and private health insurance. For example, student insurance starts at €60, insurance through an employer costs about €20 of your salary, and if you pay for it yourself, it costs about €100-500 per month.
Education
Kindergartens
Public kindergartens in Austria are free, but meals can cost around €80 per month. They accept children aged 3-6, with groups of up to 14 children per teacher. They are open from 7 a.m. to 6 p.m. Public kindergartens are inexpensive, offer high-quality programs, and have experienced teachers. However, there are often long waiting lists for places.
There are also private kindergartens in Austria. They are more expensive, up to €350 per month, and have a limited number of places. However, private kindergartens usually have more teachers and fewer children in each group. They often offer additional activities such as music, dance, swimming, and tennis.
Schools
Public schools mainly accept citizens of the country, and tuition costs from €700 per year. It is easier to get into a private school or boarding school, where the level of education is higher, as are safety and health monitoring of students. Tuition costs from €12,000 per year.
Higher education
Austria has 21 public and 16 private universities. Popular fields of study include medicine, economics, engineering, humanities, and IT. Tuition at public universities starts at €790 per semester, while at private universities it can reach €20,000 per semester.