Austria: Fixed Costs Come at 55% of Household Income

BusinessEconomy ♦ Published: October 4, 2012; 17:31 ♦ (Vindobona)

In Eastern Europe, the share of fixed costs is even higher. Romanian households spend 76% of their income on fixed costs.

Austria: Fixed Costs Come at 55% of Household Income / Picture: © Vindobona.org

On average, an Austrian household spends 15% of its income on food. In Bosnia, the share of expenses for food comes at 58%. In Romania, 48% of the disposable income is used for food.

The average disposable income (after loan service costs and savings) in Austria reaches € 36,000 per year. In Romania, the average disposable household income reaches € 8,600 per year. With a…