Cost of Living Comparison Between Denmark and Faroe Islands 
| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Consumer Prices | |
| Not enough data to calculate difference in Consumer Prices Including Rent | |
| Rent Prices in Faroe Islands are 16.9% lower than in Denmark | |
| Restaurant Prices in Faroe Islands are 14.6% higher than in Denmark | |
| Groceries Prices in Faroe Islands are 18.6% higher than in Denmark | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Denmark Edit |
Faroe Islands Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.10 € (150.00 kr) |
20.10 € (150.00 kr) |
0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
93.80 € (700.00 kr) |
134.01 € (1,000.00 kr) |
+42.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.06 € (90.00 kr) |
13.40 € (100.00 kr) |
+11.1 % |
| Domestic Beer (1 pint draught) |
6.70 € (50.00 kr) |
7.37 € (55.00 kr) |
+10.0 % |
| Imported Beer (12 oz small bottle) |
6.70 € (50.00 kr) |
6.70 € (50.00 kr) |
0.0 % |
| Cappuccino (regular) |
5.38 € (40.17 kr) |
4.75 € (35.44 kr) |
-11.8 % |
| Coke/Pepsi (12 oz small bottle) |
3.65 € (27.24 kr) |
2.71 € (20.26 kr) |
-25.6 % |
| Water (12 oz small bottle) |
2.77 € (20.64 kr) |
2.08 € (15.50 kr) |
-24.9 % |
Markets | Denmark Edit |
Faroe Islands Edit | |
| Milk (regular), (1 gallon) |
6.87 € (51.30 kr) |
6.84 € (51.07 kr) |
-0.5 % |
| Loaf of Fresh White Bread (1 lb) |
2.66 € (19.89 kr) |
3.40 € (25.40 kr) |
+27.7 % |
| Rice (white), (1 lb) |
0.97 € (7.21 kr) |
1.50 € (11.18 kr) |
+55.0 % |
| Eggs (regular) (12) |
4.16 € (31.06 kr) |
3.92 € (29.27 kr) |
-5.8 % |
| Local Cheese (1 lb) |
5.11 € (38.16 kr) |
5.75 € (42.94 kr) |
+12.5 % |
| Chicken Fillets (1 lb) |
4.61 € (34.40 kr) |
5.69 € (42.45 kr) |
+23.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.09 € (52.93 kr) |
10.94 € (81.65 kr) |
+54.3 % |
| Apples (1 lb) |
1.27 € (9.47 kr) |
1.06 € (7.94 kr) |
-16.1 % |
| Banana (1 lb) |
1.28 € (9.52 kr) |
1.00 € (7.48 kr) |
-21.4 % |
| Oranges (1 lb) |
1.35 € (10.04 kr) |
1.22 € (9.07 kr) |
-9.6 % |
| Tomato (1 lb) |
1.75 € (13.03 kr) |
0.97 € (7.26 kr) |
-44.3 % |
| Potato (1 lb) |
0.83 € (6.16 kr) |
1.00 € (7.48 kr) |
+21.6 % |
| Onion (1 lb) |
0.73 € (5.46 kr) |
1.28 € (9.53 kr) |
+74.4 % |
| Lettuce (1 head) |
1.77 € (13.23 kr) |
2.14 € (16.00 kr) |
+21.0 % |
| Water (1.5 liter bottle) |
1.24 € (9.28 kr) |
2.90 € (21.67 kr) |
+133.4 % |
| Bottle of Wine (Mid-Range) |
8.71 € (65.00 kr) |
10.72 € (80.00 kr) |
+23.1 % |
| Domestic Beer (0.5 liter bottle) |
1.61 € (12.04 kr) |
3.71 € (27.72 kr) |
+130.2 % |
| Imported Beer (12 oz small bottle) |
2.14 € (15.98 kr) |
2.55 € (19.00 kr) |
+18.9 % |
| Cigarettes 20 Pack (Marlboro) |
8.04 € (60.00 kr) |
9.38 € (70.00 kr) |
+16.7 % |
Transportation | Denmark Edit |
Faroe Islands Edit | |
| One-way Ticket (Local Transport) |
3.22 € (24.00 kr) |
0.00 € (0.00 kr) |
-100.0 % |
| Monthly Pass (Regular Price) |
80.40 € (600.00 kr) |
0.00 € (0.00 kr) |
-100.0 % |
| Taxi Start (Normal Tariff) |
6.70 € (50.00 kr) |
10.05 € (75.00 kr) |
+50.0 % |
| Taxi 1 mile (Normal Tariff) |
3.23 € (24.14 kr) |
? (? kr) |
|
| Taxi 1hour Waiting (Normal Tariff) |
60.30 € (450.00 kr) |
45.00 € (335.81 kr) |
-25.4 % |
| Gasoline (1 gallon) |
7.25 € (54.11 kr) |
6.18 € (46.12 kr) |
-14.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
40,201.87 € (300,000.00 kr) |
37,119.73 € (277,000.00 kr) |
-7.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
41,658.18 € (310,867.44 kr) |
43,775.37 € (326,666.67 kr) |
+5.1 % |
Utilities (Monthly) | Denmark Edit |
Faroe Islands Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
203.42 € (1,518.01 kr) |
121.13 € (903.90 kr) |
-40.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
17.55 € (130.93 kr) |
37.52 € (280.00 kr) |
+113.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
34.13 € (254.69 kr) |
55.84 € (416.67 kr) |
+63.6 % |
Sports And Leisure | Denmark Edit |
Faroe Islands Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
36.19 € (270.03 kr) |
47.74 € (356.25 kr) |
+31.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
25.30 € (188.81 kr) |
13.40 € (100.00 kr) |
-47.0 % |
| Cinema, International Release, 1 Seat |
16.08 € (120.00 kr) |
14.74 € (110.00 kr) |
-8.3 % |
Childcare | Denmark Edit |
Faroe Islands Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
463.01 € (3,455.15 kr) |
412.27 € (3,076.52 kr) |
-11.0 % |
| International Primary School, Yearly for 1 Child |
5,798.02 € (43,266.80 kr) |
1,000.00 € (7,462.34 kr) |
-82.8 % |
Clothing And Shoes | Denmark Edit |
Faroe Islands Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
98.35 € (733.92 kr) |
122.28 € (912.50 kr) |
+24.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.60 € (295.53 kr) |
46.90 € (350.00 kr) |
+18.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
100.96 € (753.38 kr) |
127.31 € (950.00 kr) |
+26.1 % |
| 1 Pair of Men Leather Business Shoes |
142.13 € (1,060.61 kr) |
160.81 € (1,200.00 kr) |
+13.1 % |
Rent Per Month | Denmark Edit |
Faroe Islands Edit | |
| Apartment (1 bedroom) in City Centre |
1,075.09 € (8,022.71 kr) |
774.69 € (5,781.00 kr) |
-27.9 % |
| Apartment (1 bedroom) Outside of Centre |
803.45 € (5,995.65 kr) |
685.77 € (5,117.47 kr) |
-14.6 % |
| Apartment (3 bedrooms) in City Centre |
1,840.08 € (13,731.29 kr) |
1,564.05 € (11,671.49 kr) |
-15.0 % |
| Apartment (3 bedrooms) Outside of Centre |
1,422.74 € (10,617.00 kr) |
1,250.43 € (9,331.17 kr) |
-12.1 % |
Buy Apartment Price | Denmark Edit |
Faroe Islands Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
496.84 € (3,707.57 kr) |
288.17 € (2,150.41 kr) |
-42.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
352.89 € (2,633.36 kr) |
143.68 € (1,072.18 kr) |
-59.3 % |
Salaries And Financing | Denmark Edit |
Faroe Islands Edit | |
| Average Monthly Net Salary (After Tax) |
3,374.47 € (25,181.48 kr) |
1,932.57 € (14,421.49 kr) |
-42.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.88 | 3.10 | -20.1 % |
| Last update: | April 2024 | January 2024 | |
| Contributors in the past 12 months: | 481 | 12 |
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