Since the 1st of January 2002, Austria uses the EURO (€) as its official currency. One Euro = 100 Cents. The Euro is valid in the so-called Euro-Zone. Besides Austria, these countries are Belgium, Germany, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Montenegro, Netherlands, Portugal, Slovakia, Slovenia, Spain and Cyprus.
In European standards, the cost of living in Austria is average. During their stay in Vienna, most of the Erasmus-Students need about € 600 to € 1.100 Euros per month.
|Accommodation||approx.€ 300 to € 600 (including heating and lighting)|
|Food||approx.€ 300 to € 400 (excluding luxuries and tobacco)|
|Other Expenses||approx. € 200 to € 300 (books, culture, recreation)|
|In Total||approx. € 800 to € 1300|