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Living and Costs of Living

seating furniture in living space © ADVANTAGE AUSTRIA

© ADVANTAGE AUSTRIA

An extraordinarily comprehensive program of cultural events enables a diversified range of recreational activities. In combination with a markedly low crime rate, the high level of social security and an attractive shopping and recreational infrastructure plus moderate costs of living this sums up to top quality of life worldwide.

Good Value for Costs

Due to its cultural offerings, Austria is considered one of the most enjoyable countries in the world, but not one of the most expensive. The cost of living in Vienna is affordable, according to the worldwide Cost-of-Living Survey 2012 by Mercer. Vienna was given a good ranking of 48th in the study, which evaluates the living costs for employees sent to work in 214 large cities abroad, including rents, public transportation, leisure time activities, food and clothing.

Tokyo is the most expensive city for expatriates surpassing Luanda (Angola). Osaka in Japan ranks third. Moscow remains in the fourth position and is the most expensive European city, followed by Geneva and Zurich (Switzerland).

Like office rents, costs for houses or rents for appartments are among the most moderate in Central Europe. 

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