Money
The cost of living in Austria varies significantly between different provinces and cities. The highest amount of money is definitely spent on the rent, ans those costs will depend on the city in which you want to live. In general, Vienna and Innsbruck are consistently ranked the most expensive cities in Austria, while the cheapest, or most affordable, cities include Graz and Klagenfurt.
Public transport system is effective and reliable, and what is more important, it is not expensive.
Take a look at the EURES Portal to get an idea of the average of the various prices in Austria.