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: $1,971 in Steyr versus $2,733 in Innsbruck.

Estimated couple costs with rent: $2,783 in Steyr versus $3,923 in Innsbruck.

Monthly costs for a family of three with rent: $3,594 in Steyr versus $5,113 in Innsbruck.

Living in Steyr costs roughly 28% less than in Innsbruck, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Steyr 48% above, Innsbruck 105% above.

Meal at Budget Restaurant

$16.32 €14.29

$17.34 €15.18

-5.88%

Three-Course Dinner for Two, Mid-Range

$52.1 €45.58

$71.4 €62.5

-27.10%

Fast Food Meal (McDonalds, etc)

$11.46 €10.04

$12.21 €10.69

-6.14%

Cappuccino

$3.27 €2.86

$4.55 €3.98

-28.13%

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

$3.76 €3.29

$4.34 €3.80

-13.36%

Water (0.33 liter bottle)

$2.33 €2.04

$2.98 €2.61

-21.81%

Local Beer (0.5 liter draught)

$4.11 €3.60

$5.43 €4.75

-24.31%

Imported Beer (0.33 liter bottle)

$4.74 €4.15

$4.81 €4.21

-1.46%

Milk (1 liter)

$1.18 €1.03

$1.88 €1.65

-37.23%

White Bread (500g)

$1.95 €1.71

$2.96 €2.59

-34.12%

Rice (white) (1kg)

$1.95 €1.71

$3.10 €2.71

-37.10%

Eggs

$3.86 €3.38

$5.16 €4.52

-25.19%

Local Cheese (1kg)

$10.57 €9.26

$24.63 €21.57

-57.08%

Chicken Fillets (1kg)

$12.94 €11.33

$13.85 €12.13

-6.57%

Beef Round Steak (1kg)

$17.39 €15.23

$21.62 €18.93

-19.57%

Apples (1kg)

$2.67 €2.34

$2.96 €2.60

-9.80%

Banana (1kg)

$2.14 €1.88

$2.30 €2.01

-6.96%

Oranges (1kg)

$2.86 €2.50

$2.70 €2.36

5.93%

Tomato (1kg)

$2.35 €2.06

$4.72 €4.13

-50.21%

Potato (1kg)

$1.77 €1.55

$2.04 €1.79

-13.24%

Onion (1kg)

$1.46 €1.27

$1.74 €1.52

-16.09%

Lettuce (1 head)

$1.41 €1.24

$1.79 €1.56

-21.23%

Water (1.5 liter bottle)

$0.67 €0.59

$0.94 €0.82

-28.72%

Cigarettes 20 Pack (Marlboro, Camel)

$6.49 €5.68

$7.64 €6.69

-15.05%

Wine (Bottle)

$9.01 €7.89

$9.26 €8.11

-2.70%

Local Beer (0.5 liter bottle)

$1.20 €1.06

$1.36 €1.19

-11.76%

Imported Beer (0.33 liter bottle)

$1.51 €1.33

$1.63 €1.43

-7.36%

One-way Ticket (Public Transport)

$2.80 €2.45

$3.55 €3.11

-21.13%

Public Transport Monthly Pass (Regular Price)

$48.39 €42.38

$68.7 €60.1

-29.53%

Taxi Start (Normal Tariff)

$5.68 €4.98

$12.27 €10.75

-53.71%

Taxi (Normal Tariff) (1km)

$2.10 €1.84

$2.02 €1.77

3.96%

Taxi 1hour Waiting (Normal Tariff)

$34.10 €29.87

$35.05 €30.70

-2.71%

Gasoline (1 liter)

$1.83 €1.60

$1.78 €1.56

2.81%

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

$28.3K €24.8K

$28.8K €25.2K

-1.78%

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

$32.4K €28.4K

$35.6K €31.2K

-8.88%

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

$377 €330

$413 €362

-8.94%

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

$19.87 €17.40

$22.15 €19.40

-10.29%

Internet (50+ Mbps, Unlimited Data)

$35.68 €31.25

$39.88 €34.93

-10.53%

Gym Membership (Monthly)

$41.26 €36.14

$47.86 €41.92

-13.79%

Tennis Court (1 Hour on Weekend)

$25.96 €22.74

$25.61 €22.43

1.37%

Cinema Ticket

$14.00 €12.26

$14.49 €12.69

-3.38%

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

$405 €355

$906 €794

-55.31%

International Primary School, 1 Child (Yearly)

$7,180 €6,288

$19.9K €17.4K

-63.87%

Jeans (Levis 501 Or Similar)

$98.3 €86.1

$136 €119

-27.82%

Summer Dress (H&M, Zara, etc)

$40.04 €35.07

$51.4 €44.98

-22.04%

Sport Shoes (Adidas, Nike)

$99.8 €87.4

$122 €107

-18.33%

Men's Leather Business Shoes

$151 €133

$213 €186

-28.88%

1-bedroom Apartment, City Center (Monthly)

$733 €642

$1,306 €1,144

-43.86%

1-bedroom Apartment, Outside City Center (Monthly)

$674 €590

$1,093 €958

-38.35%

3-bedroom Apartment, City Center (Monthly)

$931 €816

$2,271 €1,989

-58.99%

3-bedroom Apartment, Outside City Center (Monthly)

$911 €798

$1,838 €1,610

-50.46%

Buy Apartment in City Center (m2)

$4,049 €3,546

$10.1K €8,856

-59.96%

Buy Apartment Outside City Center (m2)

$3,434 €3,007

$7,435 €6,512

-53.82%

Average Monthly Net Salary (After Tax)

$2,551 €2,234

$2,870 €2,514

-11.13%

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: July 13, 2026

Last update for Innsbruck: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $733 in Steyr and $1,306 in Innsbruck. 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: $52.0 in Steyr vs $71.0 in Innsbruck for a mid-range dinner for two. Groceries echo the gap at $302 vs $409 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 39% 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, salaries run 13% lower in Innsbruck. 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: $733 in Steyr versus $1,306 in Innsbruck. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $405 in Steyr versus $906 in Innsbruck. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 36% higher in Innsbruck. For households that cook at home regularly, that difference adds up over a month.

At $1,971 in Steyr versus $2,733 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 39% less than in Innsbruck. Beyond cost, consider language, visa policies, and how big the international community is in each city.