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What is the best currency to use in Austria? Use the Wise euro card to spend in Austrian currency.
The Wise euro travel money card lets you top up in your local currency, and switch to euro to spend when you’re in Austria. You’ll get the best rate for spending in euro – and can also hold and spend 50+ other currencies with the same card.
What currency does Austria use? Adoption of the euro
The euro banknotes and coins were introduced in Austria on , after a transitional period of three years when the euro was the official currency but only existed as ‘book money’.
Can I use US dollars in Austria? Foreign money and euros can be brought into Austria without any restrictions.
Do you need cash in Austria? Cash is no longer king in Austria (even more so after COVID-19,) and almost all establishments accept credit/debit cards. Most international banks and money outlets now charge a fee for using ATM machines, as do most card providers. All major cards are accepted widely in Austria at key tourist hubs.
The euro is the currency of Austria. You can also pay for your purchases without problem by card. The most popular credits are usually accepted in Vienna, although sometimes their use is subject to a minimum purchase amount.
The average price of a 7-day trip to Austria is $1,529 for a solo traveler, $2,327 for a couple, and $2,764 for a family of 4. Austria hotels range from $66 to $302 per night with an average of $122, while most vacation rentals will cost $170 to $510 per night for the entire home.
You can use the euro in 19 EU countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. Discover more about the euro, which countries use it and the exchange rates.
While English is widely spoken in Austria, it has no official status there. Instead, official communications, signage and so forth uses German, as that is the primary language of Austria.
Foreign money and euros can be brought in and out of Vienna without any restrictions. The euro, the single European currency, is the official currency of Austria and 12 other participating countries. The symbol of the euro is a stylized E: €.
There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.
If you were hoping to slip by using money from back home, you likely won’t be able to get away with that in Austria. It’s fairly uncommon to pay for goods there in any currency besides the euro. However, international credit and debit cards are still widely accepted at major retailers.
In the first district of Vienna, a major tourist area, many people do in fact speak English. But outside that district most shop people, even restaurant people do not, or speak very little. Again, this is a German speaking country and it would be very useful to put aside the “everyone speaks English” attitude.
Tipping in Austria. The unspoken law when tipping in restaurants and cafés is to give 10 per cent. Some guests also round up the bill. Feel free to over or under tip a little to express your level of gratitude with the service you received.
Vienna and credit cards
Vienna (and Austria in general) does not have a strong tradition of credit card use. However, debit or Bankomat cards (where each payment you make comes straight off your Austrian bank account) are extremely common and widely used.
The perceived lack of friendliness of the locals, the trouble finding friends, and the difficulty of learning the local language are the main factors that bring Austria so far down in this category. It all makes the life of foreign citizens difficult in Austria.
In urban Austria, not just Vienna, you can actually live without German. But if you decide to move to a “rural” Austria, you can get in trouble. Austria is not the same as the Netherlands or Scandinavic countries, where everyone young and old can speak good English.
One would be safe in stating that the cost of living is generally more expensive in Austria than in the United States. As in most European countries, the cost of living in Austria is rising steadily. Manufactured items in Austria are generally more limited in selection and more expensive than in the United States.
Austria is a wealthy country, both publicly and privately, with comfortable levels of household income (31,125 euros median) and a sustained and relatively high level of private savings, with private wealth nearly six times higher than public debt.
German is the official language of Austria and an important prerequisite for participating in the working, economic and social life of the country. Croatian, Slovenian and Hungarian are recognised as official languages of autonomous population groups in some regions.
Since 1999/2002, the Euro has been the official currency in Austria. Please be advised that Schilling banknotes and coins are no longer legal tender but still redeemable. They may be exchanged at the Austrian National Bank, Otto Wagner Platz 3, 1090 Vienna, or at any of its branches located in the federal provinces.
OVERALL RISK : LOW
Generally, Austria is a very safe country to travel to. According to some sources, Austria is ranked 3rd on the list of safest and most dangerous countries in the world. Still, never let your guard down in a strange country.
Austria is famous for its castles, palaces, cathedrals, and other ancient architecture. Many of them were built during the reign of Habsburg. The most intriguing castles to visit include Burg Hohenwerfen in the town of Werfen, Castle Liechtenstein near Maria Emzerdorf, and Festung Hohensalburg in Salzburg.
How much money will you need for your trip to Vienna? You should plan to spend around €113 ($128) per day on your vacation in Vienna, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, €27 ($30) on meals for one day and €15 ($17) on local transportation.
While there’s a 78 percent tax on cigarettes, they are still relatively cheap in Austria. A 20-pack of Marlboros costs 5.50 euros (US $6.14), an increase of only .
Summary about cost of living in Vienna, Austria: Family of four estimated monthly costs are 3,172$ (2,812€) without rent. A single person estimated monthly costs are 906$ (803€) without rent. Vienna is 32.68% less expensive than New York (without rent).