diff --git a/main-setup.tf b/main-setup.tf
index c3b07bf..0c32b5e 100644
--- a/main-setup.tf
+++ b/main-setup.tf
@@ -171,7 +171,7 @@ resource "helm_release" "hcloud_cloud_controller_manager" {
   chart      = "hcloud-cloud-controller-manager"
   repository = "https://charts.hetzner.cloud"
   namespace  = "kube-system"
-  version    = "1.31.0"
+  version    = "1.31.1"
   wait       = true
 
   set = [