Cost of living in Wolfsberg
Wolfsberg, a charming city in Austria, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of essential expenses, including housing, transportation, and dining, to help you budget effectively in Wolfsberg.
Cost of Living Summary
Dining and Restaurants
- Mid-Range Restaurant (Three-Course Meal for Two) - For a three-course meal for two at a mid-range restaurant, expect to pay around €210.73.
Transportation
- Fuel (Gasoline) - Gasoline is priced at approximately €2.21 per liter.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages €474.15.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 1-bedroom apartment averages €368.78.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages €1053.66.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages €842.93.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is approximately €4741.49.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is around €4214.66.
Salaries and Financing
- Average Monthly Net Salary (After Tax) - The average monthly net salary in Wolfsberg is €1475.13.
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan is approximately 3.6%.
Cost of Living Rankings
The cost of living indices for Austria are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Austria, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Transportation
Transportation
Rent Per Month
Rent Per Month
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Wolfsberg offers relatively affordable housing options, especially outside the city centre, making it an attractive option for families and individuals.
Dining out can be expensive, particularly at mid-range restaurants, so budgeting for meals is essential.
Transportation costs are moderate, with gasoline prices reflecting typical European rates.
Conclusion
In conclusion, Wolfsberg presents a balanced cost of living with affordable housing and moderate transportation expenses.
While dining can be costly, the overall expenses are manageable, especially with a reasonable average salary.
Potential residents should consider these factors when planning their move to this picturesque Austrian city.