The average cost of living in Vienna is €2,755/month for a single person. Here is what different salaries get you, how your savings stack up, and your path to financial independence.
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| Expense | Monthly (EUR) |
|---|---|
| 🏠 Rent (1-bed) | €1,400 |
| 🛒 Groceries | €400 |
| 🚇 Transport | €55 |
| 🍽 Dining out | €450 |
| 💡 Utilities | €150 |
| 📦 Miscellaneous | €300 |
| Total | €2,755/month |
Vienna consistently ranks as one of the world's most liveable cities. Costs are moderate for Western Europe, public transport is excellent, and healthcare is comprehensive. The tax burden is high but so is quality of life.
Austrian income tax up to 55% for very high earners, around 35% effective for most professionals. Social insurance adds roughly 18%.
Austrian brokers like Flatex or Dadat. ETF investing through a depot account — no ISA equivalent but capital gains taxed at a flat 27.5%.