Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 145.41 kr 100.00-300.00
Meal for 2 People, Mid-range Restaurant, Three-course 750.00 kr 550.00-1,100.00
McMeal at McDonalds (or Equivalent Combo Meal) 100.00 kr 80.00-110.00
Domestic Beer (1 pint draught) 35.21 kr 20.00-50.00
Imported Beer (12 oz small bottle) 25.00 kr 20.00-50.00
Cappuccino (regular) 28.94 kr 16.00-45.00
Coke/Pepsi (12 oz small bottle) 19.70 kr 16.00-25.00
Water (12 oz small bottle) 13.47 kr 10.00-20.00
Markets
Edit
Milk (regular), (1 gallon) 44.48 kr 41.64-53.00
Loaf of Fresh White Bread (1 lb) 24.49 kr 19.96-27.22
Rice (white), (1 lb) 8.92 kr 6.80-11.34
Eggs (regular) (12) 27.20 kr 22.00-30.00
Local Cheese (1 lb) 48.38 kr 22.68-54.43
Chicken Fillets (1 lb) 39.16 kr 18.14-44.91
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 48.38 kr 15.88-81.65
Apples (1 lb) 10.58 kr 9.07-11.34
Banana (1 lb) 10.58 kr 6.80-11.34
Oranges (1 lb) 10.58 kr 9.07-13.61
Tomato (1 lb) 12.85 kr 9.07-18.14
Potato (1 lb) 4.54 kr 2.27-6.80
Onion (1 lb) 11.34 kr 6.80-15.88
Lettuce (1 head) 21.67 kr 15.00-25.00
Water (1.5 liter bottle) 20.50 kr 10.00-30.00
Bottle of Wine (Mid-Range) 130.00 kr 90.00-210.00
Domestic Beer (0.5 liter bottle) 33.33 kr 18.00-50.00
Imported Beer (12 oz small bottle) 22.33 kr 20.00-25.00
Cigarettes 20 Pack (Marlboro) 65.00 kr 60.00-70.00
Transportation
Edit
One-way Ticket (Local Transport) 0.00 kr 0.00-0.00
Monthly Pass (Regular Price) 0.00 kr 0.00-0.00
Taxi Start (Normal Tariff) 77.50 kr 70.00-95.00
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 400.00 kr
Gasoline (1 gallon) 36.53 kr 34.07-37.85
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 261,000.00 kr 260,000.00-294,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 299,000.00 kr 300,000.00-320,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 2,000.00 kr 1,000.00-3,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 2.65 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 444.75 kr 300.00-579.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 369.67 kr 300.00-400.00
Tennis Court Rent (1 Hour on Weekend) 100.00 kr
Cinema, International Release, 1 Seat 105.00 kr 95.00-110.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,880.12 kr 1,800.00-4,340.35
International Primary School, Yearly for 1 Child 7,440.60 kr
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 550.00 kr 300.00-1,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 350.00 kr 300.00-400.00
1 Pair of Nike Running Shoes (Mid-Range) 850.00 kr 700.00-900.00
1 Pair of Men Leather Business Shoes 1,400.00 kr 800.00-2,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 6,191.50 kr 5,000.00-7,440.60
Apartment (1 bedroom) Outside of Centre 5,113.12 kr 4,500.00-7,681.15
Apartment (3 bedrooms) in City Centre 10,755.04 kr 7,000.00-14,881.19
Apartment (3 bedrooms) Outside of Centre 8,617.16 kr 7,000.00-11,160.90
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,749.66 kr 1,161.28-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,114.83 kr 929.02-1,300.63
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 15,024.74 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.20 2.99-3.50

Prices in Faroe Islands

This country had 124 entries in the past 12 months by 22 different contributors.
Last update: October 2021
Our data for each country are based on all entries from all cities in that country.
Sources and References
This page in other languages:

DeutschLebenshaltungskosten auf den Färöer-Inseln
PortuguêsCusto de Vida nas ilhas Faroe
ItalianoCosto della Vita nelle Isole Faroe
FrançaisCoût de la Vie dans les îles Féroé
EspañolCosto de Vida en Islas Feroe