Salary is one of the most important factors when accepting a job offer in another country. If you are considering moving to Austria, you need to be aware of the current wages on the market so that you can set the right expectations.
In Austria, the net monthly salary between 2,000 EUR and 3,000 EUR is good, and everything above 3,500 EUR is very good. For this, you need to earn between 40,000 EUR and 55,000 EUR before tax. While the average gross wage in Austria in 2021 is 52,000 EUR (34,517 EUR after-tax).
Austrian don’t like to talk about salaries and money in general. So it might be difficult to figure out how much you should earn while working in this country. In this article, we give insights into the income levels in Austria and Vienna and the cost of living.
What considered a good salary in Austria?
In 2022, for a working person living in Austria net monthly income of 2,000 EUR and 3,000 EUR is considered to be good. This translates to an annual salary of about 40,000 – 55,000 EUR before tax (including bonuses). You can easily cover all your living expenses and even save some money every month.
On average, Austrians earn around 52,000 EUR gross per year or 2,876 EUR monthly after taxes. The most typical annual salary in Austria is 47,812 EUR before tax.
Where majority of Austrian workers fall into following salary ranges:
- between 27,600 – 41,399 EUR : 20%
- between 41,400 – 59,800 EUR : 31,3%
- and between 59,800 – 87,299 EUR : about 27% of employees
In Austria, you will have better employment chances when looking for a job that is in a high demand.
Average salary in Austria in 2021
The average annual gross salary of employees in Austria is 52,000 EUR in 2021, or 4,333 EUR per month. That comes to 34,517 EUR (2,876 EUR monthly) after-tax, including all bonuses.
It’s around 8,000 EUR more than in 2020. In 2019, the average gross monthly income (14 times) in Austria was around 2,560 EUR.
The average Austrian salary is comparable with most Western European countries and Scandinavia.
There is no regulated minimum wage in Austria. However, the law says that an employee should receive at least 1,500 EUR gross per month.
This minimum monthly wage applies to all industries in the country.
Also, almost all working contacts in Austria are regulated by collective agreements, so you won’t be under or overpaid. Employees get paid 14 times, including a typical 12 salaries plus a holiday and Christmas allowance.
Average salary range
Furthermore, several factors are influencing the average salary in Austria. Location plays a significant role.
So, full-time employees in the region of Vorarlberg enjoy the highest income, whereas people working in Tyrol have the lowest salaries. Incomes in Vienna are right in the middle.
Nevertheless, on average, specialists and executives tend to earn the most in the Austrian capital. For example, in Bregenz average income is 55,600 EUR, in Innsbruck 51,700 EUR, Graz – 51,000 EUR und St. Pölten – 50,250 EUR.
All employees receive 14th salaries in Austria. Two additional salaries are the holiday allowance and Christmas bonus.
According to the job platform StepStone best-paid industries in Austria in 2021 are:
- chemical and petroleum processing industry
- pharmaceutical industry
- IT sector
- consumer goods
- energy and water supply
- consulting and auditing
- electrical engineering
With average salaries ranging from 60,000 EUR to 64,250 EUR annually.
While average salaries in different sectors:
- Agriculture – €2,646
- Arts and culture – €2,945
- Banking – €4,227
- Cars – €3,405
- Commerce – €3,420
- Construction – €3,736
- Education – €3,110
- Electrical engineering – €3,580
- IT – €4,677
- Journalism – €3,101
- Law – €4,354
- Management – €5,313
- Marketing, advertising, and PR – €3,779
- Technology development – €4,807
- Textiles – €2,183
- Transport – €2,937
Also, the company’s size makes a difference: you can expect a higher salary in a company with more than 1,000 employees. Plus, someone who high education earns 34% more on average.
In fact, workers with completed university degrees earn around 14,000 EUR more per year than those without.
Highest average salaries
Among high earners are:
- doctors (79,000 EUR)
- managers (73,000 EUR)
- financial experts (72,250 EUR)
- investment advisors or controllers
- lawyers (63,650 EUR)
The average salary in Austria by experience
Your salary will grow with the experience:
- 0-2 years – €40,067/year
- 2-4 years – €44,538/year
- 4-8 years – €54,009/year
- 8-12 years – €64,480/year
- 12-16 years – €70,906/year
- 16-20 years – €83,007/year
- 20+ years – €91,288/year
To receive your salary you need to open a bank account in Austria.
Is 36,000 EUR per year a good salary for Austria?
A gross salary of 36,000 EUR will give you 25,812 EUR net including bonuses, that’s 2,083 EUR per month. You can live comfortably on around 2,000 EUR per month. Therefore, a gross salary of 36,000 EUR is a decent income in Austria.
What is a good salary in Vienna, Austria?
A net salary between 2,000 EUR – 3,000 EUR per month is considered good in Vienna, Austria.
The average salary in Vienna is 52,000 EUR per year. Below you can see average wages in Vienna for each profession.
|Job||Average salary per month (gross in EUR)|
|Hotel receptionist salary||1,650 euros / month|
|Cleaner (hotel, restaurant)||1,650 euros / month|
|Cook / Chef||1,900 euros / month|
|Waiter||1,700 euros / month|
|Restaurant / Hotel Manager||2,100 euros / month|
|Information Technology Industry|
|IT Analyst||2,400 euros / month|
|Data Scientist||2,900 euros / month|
|Frontend Developer||2,500 euros / month|
|App Software Developer (Android)||2,700 euros / month|
|Python Developer||2,900 euros / month|
|Full Stack Developer||3,500 euros / month|
|Project Manager||3,000 euros / month|
|Engineering and Logistic Industry|
|Driver (car / van)||2,000 euros / month|
|Civil Engineer||3,000 euros / month|
|Architect||3,000 euros / month|
|Mechanical Engineer||3,200 euros / month|
|Warehouse Manager||2,300 euros / month|
|Nurse||2,200 euros / month|
|Doctor (GP)||5,000 euros / month|
|Dentist||6,000 euros / month|
|Pharmacist||3,500 euros / month|
|Accountant||2,400 euros / month|
|Lawyer||4,000 euros / month|
|Real Estate Agent||2,200 euros / month|
|Sales Representative||1,800 euros / month|
|Financial Manager||3,200 euros / month|
|Media and Marketing Industry|
|Designer||2,300 euros / month|
|Journalist||2,500 euros / month|
|Photographer||1,900 euros / month|
|Translator||2,200 euros / month|
Cost of living in Vienna
Vienna ranked on the place 55 out of the 209 cities in the Mercer Cost of living survey 2020. The single person estimated monthly costs: 1,849 EUR – 786,62 EUR without rent.
Rent costs for a one-bedroom apartment outside the city center are 676 EUR and 880 EUR in the city center.
Is 55,000 EUR per year a good salary in Vienna, Austria?
A gross salary of 55,000 EUR will give you 36,072 EUR net including bonuses, that’s 3,000 EUR per month. Considering the cost of living in Austria, you can live a very comfortable life at 3,000 EUR per month.
The average salary across Austria is 52,000 in 2021.
With an annual income of 55,000 EUR, you can rent a nice apartment and affordable, high-quality food, eating out, hobbies, traveling, and some savings.
Is 42,000 annual salary good in Vienna, Austria?
A gross salary of 42,000 EUR leaves you 29,217 EUR net annually or 2,434 EUR monthly, including bonuses. You can live comfortably on around 2,000 EUR per month. Therefore, a gross salary of 42,000 EUR is a good salary for Vienna, Austria.
The cost of living in Vienna is 1,849 EUR for a single person.
Is Vienna the best city to live in Austria? Check out this article on our top cities in this beautiful country.
How much do you need to live comfortably in Austria?
Generally, an adult would need around 2,000 EUR per month to live comfortably in Austria. This includes:
- renting a one bedroom apartment in the good area
- buying average and high quality food
- going out for meals and drinks
- yearly vacation and gateways weekends
- saving at least 100 EUR-200 EUR every month
Students can live on a small budget since most of them rent a room in a shared apartment, which costs between 350 EUR and 500 EUR per month. Therefore, 950 EUR – 1,100 EUR is a comfortable amount to live as a student in Austria.
The general cost of living in Austria:
- Family of four estimated monthly costs are 2,914 EUR without rent
- A single person estimated monthly costs are 834 EUR without rent
- One bedroom apartment range from 560 EUR to 700 EUR per month.
- Three bedroom apartment from 1,050 EUR to 1,350 EUR
- Utilities for one bedroom apartment around 100 EUR-150 EUR
- Internet 33 EUR
For 400 EUR you can get very high food quality if you don’t eat out too often. For many people, 200 EUR – 300 EUR is enough for food.
In Vienna, you can buy a public transport ticket for 365 EUR for a whole year.
As an employee, you can select between public and private health insurance. The rate of public health insurance is based on your income – employees pay 7,65% of their gross salary (half paid by the employer). In contrast, private insurance will cost you a fixed amount independently from your income.
Self-employed and freelancers pay a whole 7,65% for public health insurance.
Private health insurance is often cheaper than a public one. Expats can take out coverage with Care Austria for a very reasonable price (starting from 51 EUR per month). It’s one of the best insurance for expats and international students in Austria.
Moreover, their packages are 100% valid for visa and resident permit applications. I used Care Austria for my application and kept the insurance for the entire three years I lived in Austria.
The second option for expats is Cigna Global. They offer international coverage. Hence, you can use their policy not only in Austria but almost anywhere in the world.
With 74,000 employees, 200 years of experience, and more than 100 million customers globally, Cigna is one of the largest international insurance providers out there.
With Cigna, you can enjoy instant and easy access to healthcare facilities and professionals around the globe.
You can also find suitable health insurance for Austria on this comparison platform.
How much tax do you pay in Austria?
As an employee in Austria, you will pay income taxes and social security contributions on a monthly basis.
Around 18,12% of the gross income will be deducted for social insurance contributions. Your employer will also pay the social security fund on your behalf – 21,32% from your salary. Around 1,53% will go to pension insurance.
Both employees and self-employed must contribute to the Austrian social security system. Here is a breakdown of social security funds you will pay to:
- Health insurance – employees pay 7,65% in total (half is paid by the employer), while freelancers and self-employed pay full amount themselves.
- Accident insurance – 1,2%
- Unemployment insurance – 6,2%
- Pension insurance – 22,8%, and 18,5% as a new self-employed.
Find your insurance for Austria on this platform.
Income taxes vary from 25% and 55%. Monthly income up to 1,099 EUR or 11,000 EUR annually is tax-free (2021). After different rates apply depending on the earned amount:
- €11,000 to €18,000 – 20%
- €18,000 to €31,000 – 35%
- €31,000 to €60,000 € – 42%
- €60,000 to €90,000 – € 48%
- up to €1.000.000 – 50% and above – 55%
Self-employed also pay income taxes starting from the income of 11,000 EUR. If you make more than 30,000 EUR, you will have to pay VAT.
Taxes is one of the reasons why you shouldn’t move to Austria.
Recommended products and services in Austria:
- Best free bank account
- Best free bank account for students
- Best free credit card
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- Health insurance for expats
- Health insurance for students
- Compare and pick best insurance, loan or mobile plan
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