Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 150.00 kr 90.00-261.30
Meal for 2 People, Mid-range Restaurant, Three-course 1,000.00 kr 750.00-1,100.00
McMeal at McDonalds (or Equivalent Combo Meal) 100.00 kr 100.00-150.00
Domestic Beer (1 pint draught) 55.00 kr 35.01-60.00
Imported Beer (12 oz small bottle) 50.00 kr 28.01-56.01
Cappuccino (regular) 35.43 kr 20.00-45.00
Coke/Pepsi (12 oz small bottle) 20.25 kr 17.50-25.00
Water (12 oz small bottle) 15.50 kr 14.00-20.00
Markets
Edit
Milk (regular), (1 gallon) 51.07 kr 45.42-56.59
Loaf of Fresh White Bread (1 lb) 25.40 kr 19.96-67.73
Rice (white), (1 lb) 11.19 kr 5.44-16.93
Eggs (regular) (12) 29.27 kr 24.00-30.00
Local Cheese (1 lb) 42.94 kr 33.86-54.43
Chicken Fillets (1 lb) 42.45 kr 40.00-44.91
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 81.65 kr
Apples (1 lb) 7.94 kr 6.80-9.07
Banana (1 lb) 7.48 kr 6.80-8.16
Oranges (1 lb) 9.07 kr 9.07-9.07
Tomato (1 lb) 7.26 kr 5.44-9.07
Potato (1 lb) 7.48 kr 6.80-8.16
Onion (1 lb) 9.53 kr 9.07-9.98
Lettuce (1 head) 16.00 kr
Water (1.5 liter bottle) 21.67 kr 15.00-30.00
Bottle of Wine (Mid-Range) 80.00 kr 75.00-140.00
Domestic Beer (0.5 liter bottle) 27.72 kr 14.00-50.00
Imported Beer (12 oz small bottle) 19.00 kr 12.00-25.00
Cigarettes 20 Pack (Marlboro) 70.00 kr 65.00-70.00
Transportation
Edit
One-way Ticket (Local Transport) 0.00 kr 0.00-30.00
Monthly Pass (Regular Price) 0.00 kr
Taxi Start (Normal Tariff) 75.00 kr 70.00-80.00
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 335.96 kr
Gasoline (1 gallon) 46.12 kr 34.07-56.78
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 277,000.00 kr 260,000.00-294,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 326,666.67 kr 320,000.00-360,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 903.90 kr 457.69-1,254.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 280.00 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 416.67 kr 400.00-450.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 356.25 kr 250.00-400.00
Tennis Court Rent (1 Hour on Weekend) 100.00 kr
Cinema, International Release, 1 Seat 110.00 kr 100.00-150.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,077.49 kr 1,800.00-4,354.98
International Primary School, Yearly for 1 Child 7,465.67 kr
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 912.50 kr 400.00-1,200.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 350.00 kr
1 Pair of Nike Running Shoes (Mid-Range) 950.00 kr 800.00-1,250.00
1 Pair of Men Leather Business Shoes 1,200.00 kr 800.00-1,600.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 5,781.94 kr 4,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 5,118.13 kr 4,000.00-8,000.00
Apartment (3 bedrooms) in City Centre 11,672.91 kr 10,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 9,332.84 kr 7,465.67-12,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,146.69 kr 1,609.16-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,072.25 kr 522.59-1,393.53
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 14,422.91 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.10 2.99-3.20

Prices in Faroe Islands

This country had 61 entries in the past 12 months by 12 different contributors.
Last update: January 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
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