Cost Of Living In Graz, Austria: Expensive Or Affordable?

Graz, Austria's second-largest city, is known for its cultural heritage and architecture. It is also home to six universities, including the prestigious University of Graz. The cost of living in Graz is considered moderate compared to other major European cities. The average cost of living in Graz for a single person is around €1,816 per month, while a family of four can expect to spend approximately €3,827 per month. Housing costs vary depending on location, with rent for a one-bedroom apartment in the city centre ranging from €700 to €1,000 per month, while outside the city centre, it can be €500 to €800. Utilities for a standard apartment typically cost around €150 to €250 per month. Monthly grocery expenses for one person can range from €200 to €300, and dining out can cost around €15-€25 per person for a mid-range restaurant or €7-€10 for fast food. Graz offers a range of options for students and budget-conscious individuals, with shared apartments and student dorms available for as low as €300 per month. The city also boasts a reliable public transportation system, with monthly passes available for around €50, making it convenient for residents to get around.

Graz's cost of living is moderate compared to other major European cities

The city offers a range of expenses depending on one's lifestyle and personal choices. For instance, rent for a one-bedroom apartment in the city centre can range from €700 to €1,000 per month, while the same outside the city centre can be found for €500 to €800. Utilities for a standard apartment, including electricity, heating, cooling, water and garbage, can be expected to cost around €150 to €250 per month.

Monthly grocery expenses for one person typically range from €200 to €300, depending on dietary habits. Dining out can vary from €7 to €25 per person, depending on the type of restaurant. A monthly public transport pass costs about €50, and healthcare insurance can average between €200 to €300 per month.

Graz is also home to several universities, making it a popular destination for students. The average monthly cost of living for international students ranges from €700 to €1,000, depending on lifestyle and spending habits.

When compared to Vienna, Graz is considered cheaper and more pleasant to live in. According to a January 2025 estimate, a family of four's monthly costs in Graz are estimated to be €3,636.7 without rent, while a single person's monthly costs are estimated at €1,060.2 without rent.

Graz is cheaper than Vienna

Graz is a beautiful city located in the southeast of Austria. It is known for its cultural heritage and architecture, and is home to six universities, including the University of Graz, one of the oldest and most prestigious universities in Europe.

Graz is a popular choice for those looking to relocate, as it offers a high quality of life at a lower cost than other major European cities. When compared to Vienna, Graz is definitely much cheaper and more pleasant to live in. Overall, the cost of living in Vienna is 2.8% higher than in Graz without rent, and 9.9% higher including rent.

• Housing: Rent prices in Vienna are 38.0% higher than in Graz. A one-bedroom apartment in the city center of Graz will cost approximately €700-€1,000 per month, while in Vienna, it will cost significantly more.
• Groceries: Grocery prices in Vienna are 4.0% higher than in Graz. In Graz, monthly grocery expenses for one person typically range from €200-€300, depending on dietary habits.
• Dining Out: Restaurant prices in Vienna are 3.7% higher than in Graz. However, Graz has restaurants for everyone's budget, with meals in inexpensive restaurants costing around $12 or €7-€10 for fast food.
• Transportation: Transportation costs in Graz are lower than in Vienna. A monthly public transport pass in Graz costs about €50, while in Vienna, it is 10.6% more expensive.
• Childcare: Childcare costs in Graz are lower than in Vienna. Private preschool for one child is 10.3% more expensive in Vienna.
• Entertainment and Sports: Entertainment and sports costs in Graz are 8.6% lower than in Vienna. However, tennis court rent for just one hour is pretty expensive in Graz.
• Clothing: Clothing prices in Graz are slightly higher than in Vienna, with a 1.0% difference. However, designer clothes are pretty expensive in Graz and cannot be afforded by those who earn minimum wages.

Therefore, if you are looking for a city with a high quality of life and lower costs, Graz is a much better option than Vienna.

Graz has restaurants for all budgets

Graz, Austria's second-largest city, is considered to have a moderate cost of living compared to other major European cities. The city offers a range of culinary options, from street food to family-run restaurants, ensuring that there are dining options for all budgets.

For those on a budget, there are several affordable options in Graz. Reviews highlight the availability of good food and beer at reasonable prices in local taverns. For instance, a reviewer mentions the availability of delicious, fresh, and filling schnitzel, kind service, and reasonable prices at a tavern in Bahnhofgürtel. Similarly, another reviewer recommends a place with superb draft beer and a charming location on a busy street, mostly frequented by local students and residents.

Graz also has a diverse food scene, with international options like Turkish kebabs and falafel with hummus, as well as traditional Austrian dishes. For instance, Standl 5 Wurscht is mei Business is known for its delicious hot dogs, and PIZATA offers slices of authentic pizza.

Dining at mid-range restaurants in Graz typically costs around €15-€25 per person, while fast food is usually more affordable at €7-€10 per meal. The city's student population, cultural diversity, and range of dining options ensure that there is something for everyone, regardless of budget.

Overall, Graz provides a variety of dining experiences, from budget-friendly options to mid-range restaurants, making it possible to enjoy the city's culinary offerings without breaking the bank.

Graz has good public transport

Graz, Austria's second-largest city, is known for its cultural heritage and architecture. It is also home to six universities, including the prestigious University of Graz. The city has a lot to offer international students, including a rich social scene and affordable living expenses.

The city offers a range of transportation options, including buses, trams, the Old Town Tram, the Schlossberg lift, and the Schlossbergbahn funicular. The Graz Card and Graz Card Light provide discounts and free attractions for those exploring the city by public transport. Additionally, Graz is a cycling-friendly city, with an extensive network of cycle paths in and beyond the city centre.

Graz is one of the best cities to live in Austria

Cost of Living

Graz is considered to have a moderate cost of living compared to other major European cities. While certain expenses like utilities and groceries may be high, the city offers a range of affordable options for dining, transportation, and accommodation. For instance, a meal at an inexpensive restaurant can cost around €7-€12, while rent for a one-bedroom apartment outside the city centre ranges from €500-€800.

Cultural Offerings

Graz is a cultural hub, boasting a variety of museums, art galleries, and historical landmarks. The city was designated as the European Capital of Culture in 2003 and received the European Capital of Culture award in 2023. Notable cultural sites include the Murinsel, a river island that doubles as a café and venue, and the Kunsthaus, an art museum nicknamed the "Friendly Alien".

Education

Graz is home to several prestigious educational institutions, including the University of Graz, one of the oldest and most prestigious universities in Europe. The city also has a high number of students relative to its population, creating a vibrant and intellectual atmosphere.

Accessibility and Sustainability

Graz is a pedestrian-friendly city with excellent public transportation, making it easy to navigate without a car. The city also prioritises sustainability, supporting local small businesses and providing comprehensive guides for travellers to make sustainable choices during their visit.

Leisure Activities

Graz offers a range of leisure activities to suit different interests. The city has a lively social scene, with cafes, restaurants, bars, and clubs. It is also known for its food scene, offering both traditional Austrian cuisine and international options. For nature enthusiasts, the outskirts of the city provide ample opportunities for hiking and outdoor exploration.

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