Last update: Oct 2026

Cost of Living Comparison Between Innsbruck and Steyr

For one person, living is cheaper in Steyr: $2,033 a month against $2,608 in Innsbruck, rent and utilities included – about $6,900 less a year. Rent and utilities account for most of the difference.

127

Cost of Living Index in Innsbruck
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Innsbruck Living Index
98

Cost of Living Index in Steyr
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Steyr Living Index

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Innsbruck

🇦🇹 Austria

$2,608

/mo nomad

Steyr

🇦🇹 Austria

$2,033

/mo nomad

Monthly Cost of Living

How much you'll spend in Innsbruck and in Steyr

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 Steyr actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,608 in Innsbruck versus $2,033 in Steyr.

Innsbruck $2,608
Steyr $2,033

Estimated couple costs with rent: $3,910 in Innsbruck versus $2,881 in Steyr.

Innsbruck $3,910
Steyr $2,881

Monthly costs for a family of three with rent: $5,211 in Innsbruck versus $3,730 in Steyr.

Innsbruck $5,211
Steyr $3,730

Living in Innsbruck is roughly 28% more expensive than in Steyr, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Innsbruck 93% above, Steyr 51% above.

Meal at Budget Restaurant

$18.87 €16.79

$16.60 €14.77

13.67%

Three-Course Dinner for Two, Mid-Range

$81.4 €72.4

$49.51 €44.04

64.41%

Fast Food Meal (McDonalds, etc)

$12.43 €11.06

$13.42 €11.93

-7.38%

Cappuccino

$4.61 €4.10

$3.10 €2.76

48.71%

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

$5.07 €4.51

$2.96 €2.63

71.28%

Water (0.33 liter bottle)

$4.32 €3.84

$2.76 €2.46

56.52%

Local Beer (0.5 liter draught)

$5.68 €5.05

$4.97 €4.42

14.29%

Imported Beer (0.33 liter bottle)

$4.35 €3.87

$4.69 €4.17

-7.25%

Milk (1 liter)

$1.79 €1.59

$1.08 €0.96

65.74%

White Bread (500g)

$2.64 €2.35

$3.08 €2.74

-14.29%

Rice (white) (1kg)

$3.05 €2.72

$2.82 €2.51

8.16%

Eggs

$4.34 €3.86

$3.22 €2.86

34.78%

Local Cheese (1kg)

$16.16 €14.37

$24.48 €21.77

-33.99%

Chicken Fillets (1kg)

$14.22 €12.65

$15.07 €13.41

-5.64%

Beef Round Steak (1kg)

$21.11 €18.78

$24.19 €21.52

-12.73%

Apples (1kg)

$2.52 €2.24

$2.97 €2.64

-15.15%

Banana (1kg)

$2.19 €1.95

$2.53 €2.25

-13.44%

Oranges (1kg)

$2.60 €2.31

$3.12 €2.77

-16.67%

Tomato (1kg)

$3.86 €3.43

$3.80 €3.38

1.58%

Potato (1kg)

$1.79 €1.59

$1.89 €1.68

-5.29%

Onion (1kg)

$1.36 €1.21

$2.00 €1.78

-32.00%

Lettuce (1 head)

$1.80 €1.60

$1.60 €1.42

12.50%

Water (1.5 liter bottle)

$0.91 €0.81

$0.61 €0.55

49.18%

Cigarettes 20 Pack (Marlboro, Camel)

$7.84 €6.97

$7.93 €7.05

-1.13%

Wine (Bottle)

$9.05 €8.05

$9.01 €8.01

0.44%

Local Beer (0.5 liter bottle)

$1.45 €1.29

$1.21 €1.07

19.83%

Imported Beer (0.33 liter bottle)

$1.90 €1.69

$2.26 €2.01

-15.93%

One-way Ticket (Public Transport)

$3.51 €3.12

$2.74 €2.44

28.10%

Public Transport Monthly Pass (Regular Price)

$65.5 €58.3

$46.02 €40.94

42.37%

Taxi Start (Normal Tariff)

$11.69 €10.40

$5.48 €4.88

113.32%

Taxi (Normal Tariff) (1km)

$2.42 €2.15

$2.60 €2.31

-6.92%

Taxi 1hour Waiting (Normal Tariff)

$33.68 €29.96

$35.32 €31.42

-4.64%

Gasoline (1 liter)

$1.92 €1.71

$2.05 €1.83

-6.34%

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

$29.3K €26.1K

$30.0K €26.7K

-2.22%

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

$30.3K €27.0K

$27.5K €24.4K

10.43%

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

$412 €367

$385 €343

7.02%

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

$15.66 €13.93

$13.88 €12.35

12.82%

Internet (50+ Mbps, Unlimited Data)

$37.08 €32.98

$34.40 €30.60

7.79%

Gym Membership (Monthly)

$44.77 €39.83

$27.87 €24.79

60.64%

Tennis Court (1 Hour on Weekend)

$29.44 €26.19

$16.96 €15.09

73.58%

Cinema Ticket

$13.79 €12.27

$13.18 €11.72

4.63%

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

$840 €747

$511 €455

64.30%

International Primary School, 1 Child (Yearly)

$12.8K €11.3K

$5,612 €4,992

127.25%

Jeans (Levis 501 Or Similar)

$155 €138

$102 €91.0

51.23%

Summer Dress (H&M, Zara, etc)

$50.4 €44.87

$40.86 €36.34

23.45%

Sport Shoes (Adidas, Nike)

$149 €132

$114 €101

30.62%

Men's Leather Business Shoes

$202 €180

$161 €143

25.90%

1-bedroom Apartment, City Center (Monthly)

$1,298 €1,155

$766 €681

69.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,032 €918

$614 €546

67.97%

3-bedroom Apartment, City Center (Monthly)

$2,437 €2,167

$964 €858

152.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,881 €1,673

$852 €758

120.72%

Buy Apartment in City Center (m2)

$10.1K €8,989

Buy Apartment Outside City Center (m2)

$7,074 €6,292

Average Monthly Net Salary (After Tax)

$3,063 €2,724

$2,446 €2,176

25.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.57

3.59

-0.56%

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

Last update for Innsbruck: October 13, 2026

Last update for Steyr: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Innsbruck

$1K 39.6%

Steyr

$614 30.2% 40.5% $417

Monthly Utilities & Internet

Innsbruck

$465 17.8%

Steyr

$433 21.3% 6.8% $32

Groceries & Markets

Innsbruck

$368 14.1%

Steyr

$401 19.7% 9% $33

Eating Out

Innsbruck

$318 12.2%

Steyr

$267 13.2% 16% $51

Clothing & Footwear

Innsbruck

$250 9.6%

Steyr

$188 9.2% 24.9% $62

Getting Around

Innsbruck

$103 4%

Steyr

$75 3.7% 27% $28

Sport & Entertainment

Innsbruck

$72 2.8%

Steyr

$54 2.7% 25% $18

Cost Breakdown

A one-bedroom apartment in the center runs $1,298 in Innsbruck and $766 in Steyr. Housing cost is often the main lever when comparing two cities.

Innsbruck pays 25% 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: $81.0 in Innsbruck vs $50.0 in Steyr. Groceries flip the comparison at $368 vs $401, with Innsbruck cheaper for home cooking.

Good to know

🇦🇹 Innsbruck

🇦🇹 Steyr

🕒 Local time

04:50 4:50 AM

Same time as Innsbruck

🌤 Weather

👥 Population

130,585

38,344

💱 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 Steyr: Cost of Living - Frequently Asked Questions

Steyr wins on cost – living expenses run 28% lower than in Innsbruck. Housing and daily spending are where you'll feel the difference most, making Steyr the obvious pick if budget is a priority.

Average pay runs 25% 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: $1,298 in Innsbruck versus $766 in Steyr. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $840 in Innsbruck versus $511 in Steyr. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Innsbruck pay roughly 9% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $2,033 in Steyr versus $2,608 in Innsbruck, a $2,000 budget is realistic in Steyr but tight or insufficient in Innsbruck. The gap between the two cities makes Steyr 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 Steyr 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 Steyr gentler on the wallet – expenses run 28% less than in Innsbruck. Beyond cost, consider language, visa policies, and how big the international community is in each city.