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: $2,659 in Innsbruck versus $2,048 in Krems.

Estimated couple costs with rent: $3,984 in Innsbruck versus $3,100 in Krems.

Monthly costs for a family of three with rent: $5,310 in Innsbruck versus $4,152 in Krems.

Living in Innsbruck is roughly 30% more expensive than in Krems, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Innsbruck 93% above, Krems 49% above.

Meal at Budget Restaurant

$18.42 €15.88

$17.46 €15.06

5.50%

Three-Course Dinner for Two, Mid-Range

$85.9 €74.0

$81.5 €70.3

5.36%

Fast Food Meal (McDonalds, etc)

$12.78 €11.02

$12.81 €11.05

-0.23%

Cappuccino

$4.91 €4.23

$4.57 €3.94

7.44%

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

$5.21 €4.49

$3.56 €3.07

46.35%

Water (0.33 liter bottle)

$3.09 €2.67

$2.84 €2.45

8.80%

Local Beer (0.5 liter draught)

$5.86 €5.06

$6.32 €5.45

-7.28%

Imported Beer (0.33 liter bottle)

$4.62 €3.98

$5.71 €4.92

-19.09%

Milk (1 liter)

$1.81 €1.56

$1.60 €1.38

13.12%

White Bread (500g)

$2.38 €2.06

$2.36 €2.03

0.85%

Rice (white) (1kg)

$2.72 €2.35

$1.80 €1.55

51.11%

Eggs

$4.84 €4.18

$3.77 €3.26

28.38%

Local Cheese (1kg)

$16.04 €13.83

$18.78 €16.20

-14.59%

Chicken Fillets (1kg)

$14.20 €12.25

$9.38 €8.09

51.39%

Beef Round Steak (1kg)

$22.09 €19.05

$21.62 €18.64

2.17%

Apples (1kg)

$2.68 €2.31

$2.91 €2.51

-7.90%

Banana (1kg)

$2.21 €1.90

$2.44 €2.10

-9.43%

Oranges (1kg)

$2.70 €2.33

$2.86 €2.47

-5.59%

Tomato (1kg)

$3.86 €3.33

$5.75 €4.96

-32.87%

Potato (1kg)

$1.79 €1.54

Onion (1kg)

$1.39 €1.20

$2.15 €1.86

-35.35%

Lettuce (1 head)

$1.94 €1.67

$2.03 €1.75

-4.43%

Water (1.5 liter bottle)

$0.93 €0.80

$0.78 €0.67

19.23%

Cigarettes 20 Pack (Marlboro, Camel)

$8.09 €6.97

$7.24 €6.24

11.74%

Wine (Bottle)

$8.36 €7.21

$7.62 €6.57

9.71%

Local Beer (0.5 liter bottle)

$1.51 €1.30

$0.67 €0.57

125.37%

Imported Beer (0.33 liter bottle)

$1.99 €1.72

$1.84 €1.59

8.15%

One-way Ticket (Public Transport)

$3.74 €3.23

$2.55 €2.20

46.67%

Public Transport Monthly Pass (Regular Price)

$69.6 €60.0

$54.3 €46.84

28.15%

Taxi Start (Normal Tariff)

$12.44 €10.73

$7.56 €6.52

64.55%

Taxi (Normal Tariff) (1km)

$2.52 €2.17

$1.19 €1.02

111.76%

Taxi 1hour Waiting (Normal Tariff)

$34.58 €29.82

$28.77 €24.81

20.19%

Gasoline (1 liter)

$2.04 €1.76

$1.88 €1.62

8.51%

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

$30.3K €26.1K

$31.3K €26.9K

-3.08%

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

$30.9K €26.7K

$29.7K €25.6K

4.11%

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

$441 €381

$300 €259

47.13%

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

$16.40 €14.15

$10.42 €8.98

57.39%

Internet (50+ Mbps, Unlimited Data)

$38.49 €33.19

$41.07 €35.42

-6.28%

Gym Membership (Monthly)

$46.95 €40.49

$59.2 €51.1

-20.72%

Tennis Court (1 Hour on Weekend)

$31.52 €27.18

Cinema Ticket

$14.38 €12.40

$14.21 €12.26

1.20%

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

$906 €781

$474 €409

91.22%

International Primary School, 1 Child (Yearly)

$13.3K €11.5K

$14.7K €12.7K

-9.35%

Jeans (Levis 501 Or Similar)

$165 €142

$103 €89.0

59.45%

Summer Dress (H&M, Zara, etc)

$53.2 €45.85

$41.07 €35.41

29.46%

Sport Shoes (Adidas, Nike)

$157 €135

$124 €107

27.04%

Men's Leather Business Shoes

$209 €181

$131 €113

59.31%

1-bedroom Apartment, City Center (Monthly)

$1,331 €1,147

$711 €613

87.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,057 €911

$686 €591

54.05%

3-bedroom Apartment, City Center (Monthly)

$2,516 €2,169

$1,517 €1,308

65.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,941 €1,674

$1,259 €1,086

54.12%

Buy Apartment in City Center (m2)

$10.4K €8,955

Buy Apartment Outside City Center (m2)

$7,392 €6,374

Average Monthly Net Salary (After Tax)

$3,106 €2,679

$2,784 €2,400

11.58%

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: September 7, 2026

Last update for Krems: September 7, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,331 in Innsbruck and $711 in Krems. Housing cost is often the main lever when comparing two cities.

Innsbruck pays 12% 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: $86.0 in Innsbruck vs $81.0 in Krems for a mid-range dinner for two. Groceries echo the gap at $370 vs $349 per month, with Krems cheaper across the board.

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 30% 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 12% 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: $1,331 in Innsbruck versus $711 in Krems. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $906 in Innsbruck versus $474 in Krems. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 6% higher in Innsbruck. For households that cook at home regularly, that difference adds up over a month.

At $2,048 in Krems versus $2,659 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 30% less than in Innsbruck. Beyond cost, consider language, visa policies, and how big the international community is in each city.