Cost of Living Comparison Between Torshavn and Helsinki 

Indices DifferenceInfo
Not enough data to calculate difference in Consumer Prices
Not enough data to calculate difference in Consumer Prices Including Rent
Rent Prices in Helsinki are 0.8% lower than in Torshavn
Restaurant Prices in Helsinki are 27.4% lower than in Torshavn
Not enough data to calculate difference in Groceries Prices
Not enough data to calculate difference in Local Purchasing Power
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Torshavn Edit Helsinki Edit Difference
Meal, Inexpensive Restaurant 150.00 kr
(20.11 €)
111.89 kr
(15.00 €)
     -25.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 1,000.00 kr
(134.07 €)
671.31 kr
(90.00 €)
     -32.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 140.00 kr
(18.77 €)
74.59 kr
(10.00 €)
     -46.7 %
Domestic Beer (1 pint draught) 60.00 kr
(8.04 €)
59.67 kr
(8.00 €)
     -0.5 %
Imported Beer (12 oz small bottle) 50.00 kr
(6.70 €)
59.67 kr
(8.00 €)
     +19.3 %
Cappuccino (regular) 38.75 kr
(5.20 €)
33.30 kr
(4.46 €)
     -14.1 %
Coke/Pepsi (12 oz small bottle) 21.00 kr
(2.82 €)
19.73 kr
(2.65 €)
     -6.1 %
Water (12 oz small bottle) 18.33 kr
(2.46 €)
13.76 kr
(1.85 €)
     -24.9 %
Markets
Torshavn Edit Helsinki Edit
Milk (regular), (1 gallon) 51.67 kr
(6.93 €)
32.42 kr
(4.35 €)
     -37.3 %
Loaf of Fresh White Bread (1 lb) 23.28 kr
(3.12 €)
19.17 kr
(2.57 €)
     -17.7 %
Rice (white), (1 lb) 5.44 kr
(0.73 €)
8.64 kr
(1.16 €)
     +58.8 %
Eggs (regular) (12) 27.67 kr
(3.71 €)
21.97 kr
(2.95 €)
     -20.6 %
Local Cheese (1 lb) 37.19 kr
(4.99 €)
26.65 kr
(3.57 €)
     -28.4 %
Chicken Fillets (1 lb) ?
(? €)
39.19 kr
(5.25 €)
    
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) ?
(? €)
71.47 kr
(9.58 €)
    
Apples (1 lb) 6.80 kr
(0.91 €)
7.66 kr
(1.03 €)
     +12.6 %
Banana (1 lb) 8.16 kr
(1.09 €)
5.91 kr
(0.79 €)
     -27.7 %
Oranges (1 lb) 9.07 kr
(1.22 €)
7.28 kr
(0.98 €)
     -19.8 %
Tomato (1 lb) 5.44 kr
(0.73 €)
13.45 kr
(1.80 €)
     +147.1 %
Potato (1 lb) 8.16 kr
(1.09 €)
4.09 kr
(0.55 €)
     -49.9 %
Onion (1 lb) 9.98 kr
(1.34 €)
6.14 kr
(0.82 €)
     -38.5 %
Lettuce (1 head) 16.00 kr
(2.15 €)
14.45 kr
(1.94 €)
     -9.7 %
Water (1.5 liter bottle) 17.50 kr
(2.35 €)
13.10 kr
(1.76 €)
     -25.1 %
Bottle of Wine (Mid-Range) 77.50 kr
(10.39 €)
107.78 kr
(14.45 €)
     +39.1 %
Domestic Beer (0.5 liter bottle) 16.00 kr
(2.15 €)
19.98 kr
(2.68 €)
     +24.9 %
Imported Beer (12 oz small bottle) 20.00 kr
(2.68 €)
23.83 kr
(3.19 €)
     +19.1 %
Cigarettes 20 Pack (Marlboro) 65.00 kr
(8.71 €)
76.08 kr
(10.20 €)
     +17.0 %
Transportation
Torshavn Edit Helsinki Edit
One-way Ticket (Local Transport) 0.00 kr
(0.00 €)
22.38 kr
(3.00 €)
    
Monthly Pass (Regular Price) ?
(? €)
496.77 kr
(66.60 €)
    
Taxi Start (Normal Tariff) 80.00 kr
(10.73 €)
50.35 kr
(6.75 €)
     -37.1 %
Taxi 1 mile (Normal Tariff) ?
(? €)
14.71 kr
(1.97 €)
    
Taxi 1hour Waiting (Normal Tariff) ?
(? €)
420.69 kr
(56.40 €)
    
Gasoline (1 gallon) 50.59 kr
(6.78 €)
53.78 kr
(7.21 €)
     +6.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 294,000.00 kr
(39,415.19 €)
240,517.15 kr
(32,245.00 €)
     -18.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 330,000.00 kr
(44,241.54 €)
252,982.07 kr
(33,916.11 €)
     -23.3 %
Utilities (Monthly)
Torshavn Edit Helsinki Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 855.85 kr
(114.74 €)
814.53 kr
(109.20 €)
     -4.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 280.00 kr
(37.54 €)
182.25 kr
(24.43 €)
     -34.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 425.00 kr
(56.98 €)
143.34 kr
(19.22 €)
     -66.3 %
Sports And Leisure
Torshavn Edit Helsinki Edit
Fitness Club, Monthly Fee for 1 Adult 387.50 kr
(51.95 €)
323.03 kr
(43.31 €)
     -16.6 %
Tennis Court Rent (1 Hour on Weekend) 100.00 kr
(13.41 €)
201.83 kr
(27.06 €)
     +101.8 %
Cinema, International Release, 1 Seat 110.00 kr
(14.75 €)
126.80 kr
(17.00 €)
     +15.3 %
Childcare
Torshavn Edit Helsinki Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child ?
(? €)
2,310.58 kr
(309.77 €)
    
International Primary School, Yearly for 1 Child 7,459.05 kr
(1,000.00 €)
72,565.39 kr
(9,728.50 €)
     +872.9 %
Clothing And Shoes
Torshavn Edit Helsinki Edit
1 Pair of Jeans (Levis 501 Or Similar) 950.00 kr
(127.36 €)
613.83 kr
(82.29 €)
     -35.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 350.00 kr
(46.92 €)
224.26 kr
(30.07 €)
     -35.9 %
1 Pair of Nike Running Shoes (Mid-Range) 950.00 kr
(127.36 €)
542.40 kr
(72.72 €)
     -42.9 %
1 Pair of Men Leather Business Shoes 1,400.00 kr
(187.69 €)
708.75 kr
(95.02 €)
     -49.4 %
Rent Per Month
Torshavn Edit Helsinki Edit
Apartment (1 bedroom) in City Centre 7,000.00 kr
(938.46 €)
7,496.35 kr
(1,005.00 €)
     +7.1 %
Apartment (1 bedroom) Outside of Centre 6,166.67 kr
(826.74 €)
5,980.99 kr
(801.84 €)
     -3.0 %
Apartment (3 bedrooms) in City Centre 13,000.00 kr
(1,742.85 €)
13,269.94 kr
(1,779.04 €)
     +2.1 %
Apartment (3 bedrooms) Outside of Centre 10,666.67 kr
(1,430.03 €)
9,788.57 kr
(1,312.31 €)
     -8.2 %
Buy Apartment Price
Torshavn Edit Helsinki Edit
Price per Square Feet to Buy Apartment in City Centre 2,415.46 kr
(323.83 €)
5,126.37 kr
(687.27 €)
     +112.2 %
Price per Square Feet to Buy Apartment Outside of Centre 957.83 kr
(128.41 €)
3,004.26 kr
(402.77 €)
     +213.7 %
Salaries And Financing
Torshavn Edit Helsinki Edit
Average Monthly Net Salary (After Tax) 14,560.13 kr
(1,952.01 €)
20,559.71 kr
(2,756.34 €)
     +41.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ? 3.70     
Last update: November 2023May 2024
Contributors in the past 12 months:6222