Austria
Western Europe · Europe
Population
9.18M
GDP (Nominal)
$530B
Capital City
Vienna
Currency
EUR (€)
Avg Salary
$4200/mo
Region
Western Europe
Livability Index 2026
65.1/100
Cost of Living
58/100
Avg Salary
70.7/100
Safety
76.6/100
Healthcare
82/100
Education
86/100
Overall Livability
Institutional Summary
Austria is renowned for its high quality of life, robust social security system, and stunning alpine landscapes. Situated in the heart of Europe, it offers a stable and affluent environment with excellent healthcare and public transport. While the cost of living and taxes can be relatively high, residents benefit from exceptional public services, safety, and a rich cultural heritage, making it an incredibly attractive destination for highly skilled expats and families.
Cost of Living
Monthly Rent (1BR)$1,000
Monthly Groceries$400
Monthly Transport$60
Utilities & Internet$290
Estimated Total Monthly
$2,150 /person
AI Algorithm Summary
Major Strengths
- • High-income economy ($57,734 GDP/Capita)
Algorithmic Red Flags
- • High income tax burden (42%)
Economic Performance
📈 Stable GrowthGDP Per Capita
$57,734
Inflation Rate
2.9%
Unemployment
5.2%
5-Year GDP Trend
Migration & Visa
Red-White-Red Card
Student Visa
Private Residence
Visa Difficulty
6/10
PR Eligibility
5 Years
Employment Landscape
Avg Monthly Salary
$4,200
Trending
Top Performing Industries
Tourism
Machinery
Automotive
Chemicals
Social Indicators
Life Expectancy
81.5 Yrs
Literacy Rate
99%
Top Universities (QS Rank)
University of Vienna#140
TU Wien#191
Central European University#239
Compare Austria
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.