Verified Facts

Official NameRepublic of Austria
CapitalVienna
Population9.2 million
Area83,871 km² (32,383 sq mi)
LanguagesGerman
Currencyeuro (€)
TimezoneUTC+01:00
RegionEurope / Central Europe
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$73,911 (2024)
Inflation Rate2.9% (2024)
Health Spend per Capita$6,739 (2024)
Out-of-Pocket Health Spend16.5% (2024)
Education Spend (% GDP)5.3% (2022)
Source: World Bank Open Data

Austria is generally around 10-20% more expensive than Germany, with notable differences in rent, food, and transportation costs.

Quick Facts

Austria GDP per Capita (PPP)53,558
Germany GDP per Capita (PPP)49,196
Austria Inflation Rate2.2%
Germany Inflation Rate1.4%
Overall Winner (Cheaper)Germany

Overview: Austria vs Germany

Austria and Germany are two neighboring European countries with distinct economic profiles. Austria has a high standard of living, with a strong service sector and a highly developed infrastructure. Germany, on the other hand, has a larger and more diversified economy, with a strong manufacturing sector. In terms of cost of living, Austria tends to be more expensive than Germany, particularly when it comes to rent, food, and transportation. However, the difference is not drastic, and both countries offer a high quality of life.

The cost of living in Austria is around 10-20% higher than in Germany, depending on the specific location and lifestyle. For example, rent in Vienna, the capital of Austria, is significantly higher than in Berlin, the capital of Germany. Additionally, food prices in Austria tend to be higher, particularly for meat and dairy products. However, Germany has higher transportation costs, particularly when it comes to fuel prices. Overall, the choice between Austria and Germany depends on individual preferences and priorities, as both countries offer unique advantages and disadvantages.

Rent & Housing Comparison

ItemAustria (USD)Germany (USD)Difference
1BR Apartment (City Center)1,3001,10018% more
1BR Apartment (Outside)90070029% more
3BR Apartment (City Center)2,5002,00025% more

Food & Dining Comparison

ItemAustria (USD)Germany (USD)Difference
Meal at Restaurant151225% more
Groceries (monthly)60050020% more
Beer (500ml)3.502.5040% more
Coffee2.502.0025% more

Transport Comparison

ItemAustria (USD)Germany (USD)Difference
Monthly Transit Pass706017% more
Taxi (per km)2.502.0025% more
Fuel (per liter)1.301.208% more

Utilities & Internet Comparison

ItemAustria (USD)Germany (USD)Difference
Utilities (85 sqm apt)15012025% more
Internet (60 Mbps)302520% more
Mobile Plan201533% more

Monthly Budget Comparison

Budget TierAustria (USD)Germany (USD)Savings
Budget2,5002,00020%
Mid-Range3,5002,80025%
Comfortable5,0004,00025%

Where Each Country Wins

  • Austria is cheaper for:
  • Skiing and winter sports, with numerous resorts and lower lift ticket prices
  • Cultural events, with many free or low-cost museums and festivals
  • Healthcare, with a more comprehensive and affordable public healthcare system
  • Education, with lower tuition fees for international students
  • Germany is cheaper for:
  • Transportation, with lower fuel prices and more affordable train tickets
  • Food, with lower prices for groceries and dining out
  • Accommodation, with lower rent prices outside of major cities
  • Travel, with more affordable flight options and a larger airport network

Bottom Line

Austria and Germany offer distinct advantages and disadvantages when it comes to cost of living. Austria is generally more expensive, but offers a higher standard of living, a more comprehensive public healthcare system, and a unique cultural experience. Germany, on the other hand, is more affordable, with lower prices for food, transportation, and accommodation. For expats, students, and retirees, Germany may be a more attractive option due to its lower cost of living and more affordable lifestyle. However, for those who value a high standard of living, cultural events, and outdoor activities, Austria may be the better choice. Ultimately, the decision between Austria and Germany depends on individual priorities and preferences.