Last update: Oct 2026

Cost of Living Comparison Between Innsbruck and Krems

For one person, living is cheaper in Krems: $2,172 a month against $2,624 in Innsbruck, rent and utilities included – about $5,400 less a year. Rent and utilities account for most of the difference.

126

Cost of Living Index in Innsbruck
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Innsbruck Living Index
105

Cost of Living Index in Krems
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Krems Living Index

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Innsbruck

🇦🇹 Austria

$2,624

/mo nomad

Krems

🇦🇹 Austria

$2,172

/mo nomad

Monthly Cost of Living

How much you'll spend in Innsbruck and in Krems

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Innsbruck and in Krems actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,624 in Innsbruck versus $2,172 in Krems.

Innsbruck $2,624
Krems $2,172

Estimated couple costs with rent: $3,916 in Innsbruck versus $3,204 in Krems.

Innsbruck $3,916
Krems $3,204

Monthly costs for a family of three with rent: $5,208 in Innsbruck versus $4,237 in Krems.

Innsbruck $5,208
Krems $4,237

Living in Innsbruck is roughly 21% more expensive than in Krems, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Innsbruck 93% above, Krems 60% above.

Meal at Budget Restaurant

$18.72 €16.77

$16.62 €14.90

12.64%

Three-Course Dinner for Two, Mid-Range

$81.6 €73.1

$76.8 €68.9

6.21%

Fast Food Meal (McDonalds, etc)

$12.38 €11.10

$12.40 €11.11

-0.16%

Cappuccino

$4.73 €4.24

$4.47 €4.01

5.82%

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

$5.12 €4.59

$3.89 €3.49

31.62%

Water (0.33 liter bottle)

$4.55 €4.07

$2.86 €2.56

59.09%

Local Beer (0.5 liter draught)

$5.50 €4.93

$5.98 €5.36

-8.03%

Imported Beer (0.33 liter bottle)

$4.53 €4.06

$5.48 €4.91

-17.34%

Milk (1 liter)

$1.79 €1.61

$1.47 €1.32

21.77%

White Bread (500g)

$2.76 €2.47

$2.26 €2.03

22.12%

Rice (white) (1kg)

$3.02 €2.71

$1.69 €1.52

78.70%

Eggs

$4.21 €3.77

$3.71 €3.32

13.48%

Local Cheese (1kg)

$16.36 €14.66

$19.42 €17.40

-15.76%

Chicken Fillets (1kg)

$14.38 €12.89

$8.75 €7.84

64.34%

Beef Round Steak (1kg)

$20.63 €18.49

$21.13 €18.93

-2.37%

Apples (1kg)

$2.61 €2.34

$2.77 €2.48

-5.78%

Banana (1kg)

$2.08 €1.86

$2.35 €2.11

-11.49%

Oranges (1kg)

$2.67 €2.39

$2.81 €2.52

-4.98%

Tomato (1kg)

$3.68 €3.30

$5.33 €4.78

-30.96%

Potato (1kg)

$1.76 €1.58

$1.70 €1.52

3.53%

Onion (1kg)

$1.30 €1.17

$2.37 €2.13

-45.15%

Lettuce (1 head)

$1.85 €1.65

$1.90 €1.70

-2.63%

Water (1.5 liter bottle)

$0.85 €0.76

$0.75 €0.67

13.33%

Cigarettes 20 Pack (Marlboro, Camel)

$7.52 €6.73

$7.00 €6.27

7.43%

Wine (Bottle)

$8.90 €7.98

$6.71 €6.01

32.64%

Local Beer (0.5 liter bottle)

$1.41 €1.27

$0.68 €0.61

107.35%

Imported Beer (0.33 liter bottle)

$1.95 €1.74

$1.77 €1.59

10.17%

One-way Ticket (Public Transport)

$3.64 €3.26

$2.42 €2.17

50.41%

Public Transport Monthly Pass (Regular Price)

$69.9 €62.7

$51.1 €45.81

36.77%

Taxi Start (Normal Tariff)

$11.73 €10.51

$7.03 €6.30

66.86%

Taxi (Normal Tariff) (1km)

$2.33 €2.09

$1.15 €1.03

102.61%

Taxi 1hour Waiting (Normal Tariff)

$33.05 €29.62

$27.38 €24.54

20.71%

Gasoline (1 liter)

$2.02 €1.81

$1.88 €1.69

7.45%

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

$29.6K €26.5K

$30.2K €27.0K

-1.77%

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

$32.7K €29.3K

$33.6K €30.1K

-2.63%

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

$417 €374

$291 €261

43.22%

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

$15.89 €14.24

$9.83 €8.80

61.65%

Internet (50+ Mbps, Unlimited Data)

$38.15 €34.19

$39.58 €35.47

-3.61%

Gym Membership (Monthly)

$45.63 €40.89

$40.17 €36.00

13.59%

Tennis Court (1 Hour on Weekend)

$30.29 €27.14

$19.77 €17.71

53.21%

Cinema Ticket

$14.18 €12.71

$13.21 €11.83

7.34%

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

$872 €782

$447 €401

95.01%

International Primary School, 1 Child (Yearly)

$12.5K €11.2K

$13.7K €12.3K

-8.65%

Jeans (Levis 501 Or Similar)

$157 €141

$102 €91.0

54.35%

Summer Dress (H&M, Zara, etc)

$49.33 €44.20

$40.44 €36.24

21.98%

Sport Shoes (Adidas, Nike)

$151 €135

$128 €115

17.97%

Men's Leather Business Shoes

$205 €183

$125 €112

63.97%

1-bedroom Apartment, City Center (Monthly)

$1,280 €1,147

$990 €887

29.25%

1-bedroom Apartment, Outside City Center (Monthly)

$1,033 €925

$885 €793

16.74%

3-bedroom Apartment, City Center (Monthly)

$2,400 €2,151

$1,579 €1,415

51.96%

3-bedroom Apartment, Outside City Center (Monthly)

$1,854 €1,661

$1,416 €1,269

30.94%

Buy Apartment in City Center (m2)

$9,765 €8,751

$6,767 €6,064

44.31%

Buy Apartment Outside City Center (m2)

$6,994 €6,267

$5,559 €4,982

25.80%

Average Monthly Net Salary (After Tax)

$3,004 €2,692

$2,661 €2,384

12.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.57

3.66

-2.46%

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

Last update for Innsbruck: October 24, 2026

Last update for Krems: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Innsbruck

$1K 39.4%

Krems

$885 40.7% 14.3% $148

Monthly Utilities & Internet

Innsbruck

$471 18%

Krems

$341 15.7% 27.7% $131

Groceries & Markets

Innsbruck

$366 14%

Krems

$337 15.5% 8% $29

Eating Out

Innsbruck

$319 12.2%

Krems

$292 13.4% 8.5% $27

Clothing & Footwear

Innsbruck

$253 9.6%

Krems

$178 8.2% 29.7% $75

Getting Around

Innsbruck

$108 4.1%

Krems

$74 3.4% 31.7% $34

Sport & Entertainment

Innsbruck

$74 2.8%

Krems

$67 3.1% 10% $7.4

Cost Breakdown

A one-bedroom apartment in the center runs $1,280 in Innsbruck and $990 in Krems. Housing cost is often the main lever when comparing two cities.

Innsbruck pays 13% 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: $82 in Innsbruck vs $77 in Krems for a mid-range dinner for two. Groceries echo the gap at $366 vs $337 per month, with Krems cheaper across the board.

Good to know

🇦🇹 Innsbruck

🇦🇹 Krems

🕒 Local time

06:26 6:26 AM

Same time as Innsbruck

🌤 Weather

👥 Population

130,585

12,500

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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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 17% 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 13% 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: $1,280 in Innsbruck versus $990 in Krems. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $872 in Innsbruck versus $447 in Krems. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 9% higher in Innsbruck. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $2,000. Krems is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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 both considered safe, so it’s unlikely to be the deciding factor between them.

Expats usually find Krems gentler on the wallet – expenses run 17% less than in Innsbruck. Beyond cost, consider language, visa policies, and how big the international community is in each city.