Key Facts: Austria vs Faroe Islands Wages
- Austria Minimum Wage
- No statutory minimum wage
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Austria Avg. Gross Monthly Salary
- €3,800 /mo ($4,425.29 USD)
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Data Sources
- Federal Ministry of Labour and Economy (Bundesministerium für Arbeit und Wirtschaft) (2026-02-24), Statistics Faroe Islands (hagstova.fo) (2026-05-04)
Austria 
Faroe Islands
Updated 2026-05-04
Neither Austria nor Faroe Islands has a statutory minimum wage, relying instead on collective bargaining or sectoral agreements. Average salaries are lower in Austria at $4,425/mo compared to $5,341/mo in Faroe Islands.
Detailed Comparison
| Metric | Austria | Faroe Islands |
|---|---|---|
| Avg. gross salary /mo | €3,800 /mo $4,425.29 | kr34,278 /mo $5,341.42 |
| Avg. net salary /mo | €2,500 /mo $2,911.38 | N/A/mo |
| Median individual income /yr | €33,500 /yr $39,012.46 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Austria is higher.
Work Week
- Austria
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours (Arbeitszeitgesetz). Daily maximum is 8 hours (normal) or 10 hours (with overtime). Since 2018, daily working time can be extended to 12 hours and weekly to 60 hours in exceptional cases with compensatory rest. Overtime is compensated at 150% or with time off in lieu (1:1.5). EU Working Time Directive limits average to 48 hrs/week.
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
See this comparison from Faroe Islands's perspective: Faroe Islands vs Austria
Compare Austria with...
Austria vs United States $ 7.25 /hr 
Austria vs China ¥ 25 /hr 
Austria vs Germany € 13.9 /hr 
Austria vs United Kingdom £ 12.71 /hr 
Austria vs India ₹ 4,576 /mo 
Austria vs Japan ¥ 1,121 /hr 
Austria vs France € 12.02 /hr 
Austria vs South Korea ₩ 10,320 /hr 
Austria vs Canada C$ 18.1 /hr 
Austria vs Australia A$ 24.95 /hr 
Austria vs Brazil R$ 7.37 /hr 
Austria vs Russia ₽ 156.31 /hr 
Austria vs Mexico MX$ 9,583.52 /mo 
Austria vs Indonesia Rp 33,058 /hr 
Austria vs Netherlands € 14.71 /hr 
Austria vs Saudi Arabia ﷼ 23.08 /hr 
Austria vs Turkey ₺ 164.94 /hr 
Austria vs Taiwan NT$ 190 /hr 
Austria vs Switzerland 
Austria vs Poland zł 31.4 /hr 
Austria vs Thailand ฿ 10,400 /mo 
Austria vs Sweden 
Austria vs Argentina ARS 1,762 /hr 
Austria vs Singapore Frequently Asked Questions
How much less does the average worker earn in Austria compared to Faroe Islands?
The average gross salary in Austria is €3,800/mo ($4,425.29 USD), compared to kr34,278/mo ($5,341.42 USD) in Faroe Islands. In USD terms, workers in Austria earn approximately 21% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Austria and Faroe Islands is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in Austria.
How do work hours compare between Austria and Faroe Islands?
Both Austria and Faroe Islands mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.