Costs of Living

Currency in Austria:
1 euro = 100 euro cents
Euro bank notes and coins:
Bank notes with values of 5, 10, 20, 50, 100, 200 and 500 euros
Coins with values of 1 and 2 euros as well as 1, 2, 5, 10, 20 and 50 cents

Bank opening hours (in general):
Monday, Tuesday, Wednesday, Friday from 8:00 am to 12:00 pm and 2:00 pm to 4:00 pm
Thursday from 8:00 am to 12:00 pm and 2:00 pm to 6:00 pm

Cash machines (ATMs):

Outside of the regular banking hours it is possible to withdraw money from ATMs, which can be found all over Austria. The machines accept domestic and foreign Maestro cards (ATM cards) as well as MasterCard, American Express, Visa, and Diners Club (if they have been authorized for cash withdrawals) and the related service cards Cirrus and Visa-Plus. Credit cards are accepted in many hotels, restaurants and stores in cities and touristic regions as well as in gas stations.

The following table shows the estimated cost of living for students per month (the figures are only approximations and should not be considered binding). For the cost of accommodation, the calculation is based on the approximate rent for a room in a student residence or in a shared apartment; please note that factors such as size and location play a significant role in the price of accommodation. The costs for groceries and miscellaneous items will also vary depending on your lifestyle and daily needs.

Accommodation (student residence / shared apartment)

€ 250 bis € 350


€ 200

Miscellaneous items for studying (books) / leisure activities

€ 80 bis € 120

Tuition fee per semester

€ 363,36

Private health insurance (for non EU/EEA students)

€ 49.85

Average prices:

  • Daily newspaper, approx. €1.00
  • 1 liter of milk, approx. €0.80
  • 1 liter of mineral water, approx. €0.40
  • 1 kg of bread, approx. €2.00
  • 1/4 kg of ground coffee beans, approx. €3.50
  • Cinema ticket, approx. €7.00 – 9.00

News of the FH Kufstein

Career Days 2017

Unternehmensvorstellungen und Tipps, Professionalisierung des Lebenslaufs und ein Workshop zum Selbstmarketing. Bei den Career Days 2017 konnten Studierende wertvolle Karrieretipps sammeln.

Learn more
Rekord an der FH Kufstein Tirol: 2.100 Studierende im Jubiläumsjahr

Im Wintersemester 2017/2018 studieren an der Kufsteiner Fachhochschule so viele Menschen wie nie zu vor. So vermeldet die FH in ihrem Jubiläumsjahr einen Rekord, der zugleich ihren Stellenwert am Bildungsmarkt unabhängig bestätigt.

Learn more
Daten erlebbar machen: „Smarte Produkte & Smarte Systeme“ liefert faszinierende Antworten

Der Sexappeal von Maschinenbau, ein digitaler Waschraum und der smarte Anbau von Pflanzen - Die Tagung „Smarte Produkte & Smarte Systeme“ an der FH Kufstein Tirol widmete sich den Herausforderungen der Digitalisierung für Unternehmen.

Learn more