More purchasing power in Austria in 2017 – same for Switzerland, but only in national currency

Austria

Lower Austria is the only federal state whose purchasing power is significantly above (around four percent) the Austrian average. Vorarlberg is in second place, closely followed by Salzburg and Upper Austria, both of which also have slightly above-average per-capita purchasing power. With around €22,478 per person, inhabitants of Vienna come in at fifth place among Austria’s federal states.

Austria’s lowest-ranked federal states are Tyrol, Carinthia and Styria. Inhabitants of these federal states have an average purchasing power between €21,803 and 21,956, which equates to 2.8 to 3.5 percent less than the national average. 

Austria: 2017 purchasing power in the federal states

rank

federal state

inhabitants

per-capita purchasing power in €

per-capita purchasing power index*

1

Lower Austria

1,653,691

23,554

104.2

2

Vorarlberg

384,147

23,206

102.7

3

Salzburg

545,815

22,789

100.9

4

Upper Austria

1,453,948

22,720

100.5

5

Vienna

1,840,226

22,478

99.5

6

Burgenland

291,011

22,388

99.1

7

Styria

1,232,012

21,956

97.2

8

Carinthia

560,482

21,807

96.5

9

Tyrol

739,139

21,803

96.5

source: GfK Purchasing Power Austria 2017                          *index per inhabitant; 100 = national average

Districts
More than half of Austria's ten districts with the most purchasing power are in Vienna. Vienna's domination of the purchasing power ranking of Austria's districts is due not only to the area's high purchasing power, but also to the granular subdivision of the city into 23 districts. But the purchasing power range within Vienna is very large, which is apparent in the fact that the city also has districts that lead the ranking of Austria’s districts with the least purchasing power.

The district “Wien 1 – Innere Stadt” has a per-capita purchasing power of €38,463, which is 70 percent higher than the Austrian average and the nation’s wealthiest district. Second place goes to Vienna’s thirteenth district, Hietzing, which has around one-fifth less purchasing power. This district has a per-capita purchasing power of approximately €30,214, which is around 34 percent above the national average. With €28,849 per person, inhabitants of third-ranked Mödling in Lower Austria have around 28 percent more purchasing power than the national average. 

Regional peculiarities are apparent in some areas, such as in the surroundings of Graz and Wels. In the districts of Graz-Umgebung and Wels-Land, the average per-capita purchasing power in the districts on the outskirts is slightly above that of the urban districts. Districts with high purchasing power can also be found on the outskirts of Vienna, such as in the districts of Mödling and Korneuburg. 

Austria: Top ten districts

rank

district

inhabitants

per-capita purchasing power in €

per-capita purchasing power index*

1

Vienna 1, Innere Stadt

16,411

38,463

170.2

2

Vienna 13, Hietzing

53,813

30,214

133.7

3

Mödling

117,833

28,849

127.7

4

Vienna 19, Döbling

71,609

27,972

123.8

5

Vienna 18, Währing

50,283

26,535

117.4

6

Vienna 4, Wieden

32,751

26,223

116.0

7

Korneuburg

88,599

26,185

115.9

8

Eisenstadt (city)

14,226

26,152

115.7

9

Vienna 8, Josefstadt

25,054

25,900

114.6

10

Tulln

100,851

25,838

114.3

source: GfK Purchasing Power Austria 2017                          *index per inhabitant; 100 = national average




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