Cost of Living Comparison Between Innsbruck and Krems Cost of Living Comparison Between Innsbruck and Krems

Monthly Cost of Living

Monthly costs for one person with rent: $2,733 in Innsbruck versus $2,262 in Krems.

Estimated couple costs with rent: $3,923 in Innsbruck versus $3,363 in Krems.

Monthly costs for a family of three with rent: $5,113 in Innsbruck versus $4,464 in Krems.

Living in Innsbruck is roughly 21% more expensive than in Krems, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Innsbruck 105% above, Krems 69% above.

Meal at Budget Restaurant

$17.34 €15.18

$20.89 €18.30

-16.99%

Three-Course Dinner for Two, Mid-Range

$71.4 €62.5

$80.3 €70.3

-11.04%

Fast Food Meal (McDonalds, etc)

$12.21 €10.69

$13.11 €11.48

-6.86%

Cappuccino

$4.55 €3.98

$4.31 €3.78

5.57%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$4.34 €3.80

$3.63 €3.18

19.56%

Water (0.33 liter bottle)

$2.98 €2.61

$2.56 €2.24

16.41%

Local Beer (0.5 liter draught)

$5.43 €4.75

$5.63 €4.93

-3.55%

Imported Beer (0.33 liter bottle)

$4.81 €4.21

$4.97 €4.36

-3.22%

Milk (1 liter)

$1.88 €1.65

$1.64 €1.43

14.63%

White Bread (500g)

$2.96 €2.59

$3.53 €3.09

-16.15%

Rice (white) (1kg)

$3.10 €2.71

$2.31 €2.02

34.20%

Eggs

$5.16 €4.52

$4.09 €3.58

26.16%

Local Cheese (1kg)

$24.63 €21.57

$17.64 €15.45

39.63%

Chicken Fillets (1kg)

$13.85 €12.13

$16.33 €14.30

-15.19%

Beef Round Steak (1kg)

$21.62 €18.93

$23.48 €20.57

-7.92%

Apples (1kg)

$2.96 €2.60

$2.44 €2.14

21.31%

Banana (1kg)

$2.30 €2.01

$2.31 €2.02

-0.43%

Oranges (1kg)

$2.70 €2.36

$3.39 €2.97

-20.35%

Tomato (1kg)

$4.72 €4.13

$4.01 €3.51

17.71%

Potato (1kg)

$2.04 €1.79

$2.38 €2.08

-14.29%

Onion (1kg)

$1.74 €1.52

$2.07 €1.81

-15.94%

Lettuce (1 head)

$1.79 €1.56

$1.92 €1.68

-6.77%

Water (1.5 liter bottle)

$0.94 €0.82

$0.72 €0.63

30.56%

Cigarettes 20 Pack (Marlboro, Camel)

$7.64 €6.69

$6.59 €5.77

15.93%

Wine (Bottle)

$9.26 €8.11

$7.52 €6.58

23.14%

Local Beer (0.5 liter bottle)

$1.36 €1.19

$0.66 €0.58

106.06%

Imported Beer (0.33 liter bottle)

$1.63 €1.43

$1.73 €1.51

-5.78%

One-way Ticket (Public Transport)

$3.55 €3.11

$2.92 €2.56

21.58%

Public Transport Monthly Pass (Regular Price)

$68.7 €60.1

$61.0 €53.4

12.67%

Taxi Start (Normal Tariff)

$12.27 €10.75

$8.26 €7.24

48.55%

Taxi (Normal Tariff) (1km)

$2.02 €1.77

$2.04 €1.78

-0.98%

Taxi 1hour Waiting (Normal Tariff)

$35.05 €30.70

$28.53 €24.99

22.85%

Gasoline (1 liter)

$1.78 €1.56

$1.72 €1.51

3.49%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.8K €25.2K

$29.1K €25.5K

-1.08%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$35.6K €31.2K

$29.4K €25.8K

20.94%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$413 €362

$348 €305

18.71%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$22.15 €19.40

$19.61 €17.17

12.95%

Internet (50+ Mbps, Unlimited Data)

$39.88 €34.93

$39.83 €34.89

0.13%

Gym Membership (Monthly)

$47.86 €41.92

$46.68 €40.88

2.53%

Tennis Court (1 Hour on Weekend)

$25.61 €22.43

$25.57 €22.39

0.16%

Cinema Ticket

$14.49 €12.69

$13.70 €12.00

5.77%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$906 €794

$472 €413

91.98%

International Primary School, 1 Child (Yearly)

$19.9K €17.4K

$4,442 €3,891

347.31%

Jeans (Levis 501 Or Similar)

$136 €119

$98.4 €86.2

38.41%

Summer Dress (H&M, Zara, etc)

$51.4 €44.98

$39.64 €34.72

29.57%

Sport Shoes (Adidas, Nike)

$122 €107

$118 €103

3.46%

Men's Leather Business Shoes

$213 €186

$129 €113

65.33%

1-bedroom Apartment, City Center (Monthly)

$1,306 €1,144

$902 €790

44.68%

1-bedroom Apartment, Outside City Center (Monthly)

$1,093 €958

$841 €737

30.00%

3-bedroom Apartment, City Center (Monthly)

$2,271 €1,989

$1,616 €1,415

40.53%

3-bedroom Apartment, Outside City Center (Monthly)

$1,838 €1,610

$1,286 €1,126

42.93%

Buy Apartment in City Center (m2)

$10.1K €8,856

Buy Apartment Outside City Center (m2)

$7,435 €6,512

Average Monthly Net Salary (After Tax)

$2,870 €2,514

$2,705 €2,369

6.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.97

3.89

2.06%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Innsbruck: July 12, 2026

Last update for Krems: July 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,306 in Innsbruck and $902 in Krems. Housing cost is often the main lever when comparing two cities.

Innsbruck pays 6% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $71.0 in Innsbruck vs $80.0 in Krems. Groceries flip the comparison at $409 vs $391, with Krems cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Innsbruck vs Krems: Cost of Living - Frequently Asked Questions

Krems wins on cost – living expenses run 21% lower than in Innsbruck. Housing and daily spending are where you'll feel the difference most, making Krems the obvious pick if budget is a priority.

Average pay runs 6% higher in Innsbruck, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,306 in Innsbruck versus $902 in Krems. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $906 in Innsbruck versus $472 in Krems. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 5% higher in Innsbruck. For households that cook at home regularly, that difference adds up over a month.

At $2,262 in Krems versus $2,733 in Innsbruck, a $2,000 budget is realistic in Krems but tight or insufficient in Innsbruck. The gap between the two cities makes Krems the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Innsbruck and Krems are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Krems gentler on the wallet – expenses run 21% less than in Innsbruck. Beyond cost, consider language, visa policies, and how big the international community is in each city.