Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 143.75 kr 90.00-261.22
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) 125.00 kr 100.00-150.00
Domestic Beer (0.5 liter draught) 60.00 kr 41.25-70.00
Imported Beer (0.33 liter bottle) 50.00 kr 30.00-60.00
Cappuccino (regular) 37.92 kr 22.00-45.00
Coke/Pepsi (0.33 liter bottle) 20.86 kr 17.19-25.00
Water (0.33 liter bottle) 17.60 kr 14.00-20.00
Markets
Edit
Milk (regular), (1 liter) 13.99 kr 13.00-15.00
Loaf of Fresh White Bread (500g) 27.50 kr 22.00-74.63
Rice (white), (1kg) 24.66 kr 12.00-37.32
Eggs (regular) (12) 33.65 kr 24.00-46.80
Local Cheese (1kg) 94.67 kr 74.63-120.00
Chicken Fillets (1kg) 93.59 kr 88.18-99.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 180.00 kr
Apples (1kg) 17.50 kr 15.00-20.00
Banana (1kg) 16.50 kr 15.00-18.00
Oranges (1kg) 20.00 kr 20.00-20.00
Tomato (1kg) 16.00 kr 12.00-20.00
Potato (1kg) 16.50 kr 15.00-18.00
Onion (1kg) 21.00 kr 20.00-22.00
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 (0.33 liter bottle) 19.00 kr 12.00-25.00
Cigarettes 20 Pack (Marlboro) 67.50 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 1km (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 335.85 kr
Gasoline (1 liter) 13.24 kr 9.00-15.00
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 85m2 Apartment 903.90 kr 457.69-1,254.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 260.00 kr 240.00-280.00
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 391.67 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 3,076.80 kr 1,800.00-4,353.59
International Primary School, Yearly for 1 Child 7,463.30 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 5,812.52 kr 4,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 4,894.13 kr 4,000.00-8,000.00
Apartment (3 bedrooms) in City Centre 11,737.52 kr 10,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 8,943.04 kr 7,000.00-11,194.95
Buy Apartment Price
Edit
Price per Square Meter to Buy Apartment in City Centre 23,170.70 kr 17,512.11-30,000.00
Price per Square Meter to Buy Apartment Outside of Centre 11,541.13 kr 5,623.40-15,000.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 14,421.90 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 75 entries in the past 12 months by 13 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
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