Cost of Living Comparison Between Steyr and Innsbruck Cost of Living Comparison Between Steyr and Innsbruck

Monthly Cost of Living

Monthly costs for one person with rent: $1,992 in Steyr versus $2,696 in Innsbruck.

Estimated couple costs with rent: $2,776 in Steyr versus $3,892 in Innsbruck.

Monthly costs for a family of three with rent: $3,559 in Steyr versus $5,087 in Innsbruck.

Living in Steyr costs roughly 26% less than in Innsbruck, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Steyr 49% above, Innsbruck 101% above.

Meal at Budget Restaurant

$15.93 €13.70

$17.18 €14.78

-7.28%

Three-Course Dinner for Two, Mid-Range

$53.1 €45.68

$72.2 €62.1

-26.42%

Fast Food Meal (McDonalds, etc)

$11.71 €10.07

$12.42 €10.69

-5.72%

Cappuccino

$3.18 €2.74

$4.55 €3.91

-30.11%

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

$3.73 €3.21

$4.22 €3.63

-11.61%

Water (0.33 liter bottle)

$2.35 €2.02

$2.95 €2.53

-20.34%

Local Beer (0.5 liter draught)

$4.03 €3.47

$5.49 €4.73

-26.59%

Imported Beer (0.33 liter bottle)

$4.52 €3.89

$4.96 €4.26

-8.87%

Milk (1 liter)

$1.13 €0.97

$1.85 €1.59

-38.92%

White Bread (500g)

$1.91 €1.64

$3.03 €2.60

-36.96%

Rice (white) (1kg)

$1.94 €1.67

$3.07 €2.64

-36.81%

Eggs

$3.72 €3.20

$5.33 €4.59

-30.21%

Local Cheese (1kg)

$10.29 €8.86

$25.11 €21.60

-59.02%

Chicken Fillets (1kg)

$12.55 €10.79

$14.06 €12.10

-10.74%

Beef Round Steak (1kg)

$17.08 €14.69

$21.00 €18.06

-18.67%

Apples (1kg)

$2.69 €2.32

$2.90 €2.50

-7.24%

Banana (1kg)

$2.12 €1.83

$2.33 €2.00

-9.01%

Oranges (1kg)

$2.97 €2.56

$2.69 €2.31

10.41%

Tomato (1kg)

$2.37 €2.04

$4.73 €4.07

-49.89%

Potato (1kg)

$1.79 €1.54

$2.00 €1.72

-10.50%

Onion (1kg)

$1.48 €1.27

$1.74 €1.49

-14.94%

Lettuce (1 head)

$1.47 €1.26

$1.74 €1.50

-15.52%

Water (1.5 liter bottle)

$0.66 €0.57

$0.96 €0.82

-31.25%

Cigarettes 20 Pack (Marlboro, Camel)

$6.25 €5.38

$7.45 €6.41

-16.11%

Wine (Bottle)

$8.95 €7.70

$9.58 €8.24

-6.58%

Local Beer (0.5 liter bottle)

$1.23 €1.06

$1.38 €1.18

-10.87%

Imported Beer (0.33 liter bottle)

$1.51 €1.30

$1.67 €1.43

-9.58%

One-way Ticket (Public Transport)

$2.85 €2.45

$3.38 €2.90

-15.68%

Public Transport Monthly Pass (Regular Price)

$48.33 €41.57

$69.0 €59.4

-29.95%

Taxi Start (Normal Tariff)

$5.85 €5.03

$12.25 €10.54

-52.24%

Taxi (Normal Tariff) (1km)

$2.07 €1.78

$2.11 €1.81

-1.90%

Taxi 1hour Waiting (Normal Tariff)

$34.33 €29.53

$34.37 €29.56

-0.12%

Gasoline (1 liter)

$1.77 €1.52

$1.74 €1.50

1.72%

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

$28.3K €24.4K

$29.4K €25.3K

-3.61%

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

$32.0K €27.5K

$34.6K €29.8K

-7.59%

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

$377 €324

$415 €357

-9.04%

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

$19.39 €16.68

$22.30 €19.18

-13.05%

Internet (50+ Mbps, Unlimited Data)

$36.47 €31.37

$40.07 €34.47

-8.98%

Gym Membership (Monthly)

$40.76 €35.06

$47.47 €40.83

-14.14%

Tennis Court (1 Hour on Weekend)

$26.45 €22.75

$25.61 €22.03

3.28%

Cinema Ticket

$13.86 €11.92

$14.73 €12.67

-5.91%

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

$402 €346

$886 €763

-54.60%

International Primary School, 1 Child (Yearly)

$7,207 €6,200

$19.4K €16.7K

-62.93%

Jeans (Levis 501 Or Similar)

$97.8 €84.1

$134 €115

-26.82%

Summer Dress (H&M, Zara, etc)

$38.85 €33.42

$50.3 €43.23

-22.69%

Sport Shoes (Adidas, Nike)

$100 €86.1

$119 €103

-16.17%

Men's Leather Business Shoes

$149 €128

$214 €184

-30.39%

1-bedroom Apartment, City Center (Monthly)

$730 €628

$1,310 €1,127

-44.24%

1-bedroom Apartment, Outside City Center (Monthly)

$674 €580

$1,085 €933

-37.85%

3-bedroom Apartment, City Center (Monthly)

$919 €790

$2,320 €1,996

-60.41%

3-bedroom Apartment, Outside City Center (Monthly)

$909 €782

$1,840 €1,583

-50.60%

Buy Apartment in City Center (m2)

$4,128 €3,551

$10.6K €9,144

-61.16%

Buy Apartment Outside City Center (m2)

$3,439 €2,958

$7,747 €6,664

-55.60%

Average Monthly Net Salary (After Tax)

$2,548 €2,192

$2,986 €2,568

-14.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.91

3.97

-1.51%

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

Last update for Steyr: May 30, 2026

Last update for Innsbruck: May 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $730 in Steyr and $1,310 in Innsbruck. Housing cost is often the main lever when comparing two cities.

Innsbruck pays 17% 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: $53.0 in Steyr vs $72.0 in Innsbruck for a mid-range dinner for two. Groceries echo the gap at $297 vs $411 per month, with Steyr 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

Steyr vs Innsbruck: Cost of Living - Frequently Asked Questions

Steyr wins on cost – living expenses run 35% 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.

On paper, Innsbruck earns 17% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $730 in Steyr versus $1,310 in Innsbruck. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $402 in Steyr versus $886 in Innsbruck. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 38% higher in Innsbruck. For households that cook at home regularly, that difference adds up over a month.

At $1,992 in Steyr versus $2,696 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, Steyr and Innsbruck 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 35% less than in Innsbruck. Beyond cost, consider language, visa policies, and how big the international community is in each city.