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 16.0% lower than in Denmark | |
| Restaurant Prices in Faroe Islands are 16.8% higher than in Denmark | |
| Groceries Prices in Faroe Islands are 18.0% higher than in Denmark | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Denmark Edit |
Faroe Islands Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 150.00 kr | 150.00 kr | 0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 700.00 kr | 1,000.00 kr | +42.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 90.00 kr | 115.00 kr | +27.8 % |
| Domestic Beer (1 pint draught) | 50.00 kr | 60.00 kr | +20.0 % |
| Imported Beer (12 oz small bottle) | 50.00 kr | 50.00 kr | 0.0 % |
| Cappuccino (regular) | 39.99 kr | 37.11 kr | -7.2 % |
| Coke/Pepsi (12 oz small bottle) | 27.32 kr | 20.21 kr | -26.0 % |
| Water (12 oz small bottle) | 20.52 kr | 16.58 kr | -19.2 % |
Markets | Denmark Edit |
Faroe Islands Edit | |
| Milk (regular), (1 gallon) | 51.36 kr | 52.20 kr | +1.6 % |
| Loaf of Fresh White Bread (1 lb) | 20.01 kr | 24.95 kr | +24.7 % |
| Rice (white), (1 lb) | 7.25 kr | 11.18 kr | +54.3 % |
| Eggs (regular) (12) | 31.23 kr | 29.27 kr | -6.3 % |
| Local Cheese (1 lb) | 38.12 kr | 42.94 kr | +12.7 % |
| Chicken Fillets (1 lb) | 34.05 kr | 42.45 kr | +24.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 53.39 kr | 81.65 kr | +52.9 % |
| Apples (1 lb) | 9.49 kr | 7.94 kr | -16.4 % |
| Banana (1 lb) | 9.46 kr | 7.48 kr | -20.9 % |
| Oranges (1 lb) | 10.05 kr | 9.07 kr | -9.8 % |
| Tomato (1 lb) | 13.06 kr | 7.26 kr | -44.4 % |
| Potato (1 lb) | 6.18 kr | 7.48 kr | +21.1 % |
| Onion (1 lb) | 5.46 kr | 9.53 kr | +74.4 % |
| Lettuce (1 head) | 13.25 kr | 16.00 kr | +20.7 % |
| Water (1.5 liter bottle) | 9.26 kr | 21.67 kr | +133.9 % |
| Bottle of Wine (Mid-Range) | 65.00 kr | 80.00 kr | +23.1 % |
| Domestic Beer (0.5 liter bottle) | 12.08 kr | 27.72 kr | +129.5 % |
| Imported Beer (12 oz small bottle) | 15.88 kr | 19.00 kr | +19.6 % |
| Cigarettes 20 Pack (Marlboro) | 60.00 kr | 67.50 kr | +12.5 % |
Transportation | Denmark Edit |
Faroe Islands Edit | |
| One-way Ticket (Local Transport) | 24.00 kr | 0.00 kr | -100.0 % |
| Monthly Pass (Regular Price) | 600.00 kr | 0.00 kr | -100.0 % |
| Taxi Start (Normal Tariff) | 50.00 kr | 75.00 kr | +50.0 % |
| Taxi 1 mile (Normal Tariff) | 24.14 kr | ? | |
| Taxi 1hour Waiting (Normal Tariff) | 455.00 kr | 335.64 kr | -26.2 % |
| Gasoline (1 gallon) | 54.15 kr | 50.13 kr | -7.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 300,000.00 kr | 277,000.00 kr | -7.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 313,441.60 kr | 326,666.67 kr | +4.2 % |
Utilities (Monthly) | Denmark Edit |
Faroe Islands Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 1,520.02 kr | 903.90 kr | -40.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 131.21 kr | 280.00 kr | +113.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 255.52 kr | 416.67 kr | +63.1 % |
Sports And Leisure | Denmark Edit |
Faroe Islands Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 271.45 kr | 391.67 kr | +44.3 % |
| Tennis Court Rent (1 Hour on Weekend) | 189.07 kr | 100.00 kr | -47.1 % |
| Cinema, International Release, 1 Seat | 120.00 kr | 110.00 kr | -8.3 % |
Childcare | Denmark Edit |
Faroe Islands Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,455.15 kr | 3,075.42 kr | -11.0 % |
| International Primary School, Yearly for 1 Child | 43,266.80 kr | 7,458.58 kr | -82.8 % |
Clothing And Shoes | Denmark Edit |
Faroe Islands Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 730.01 kr | 912.50 kr | +25.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 293.06 kr | 350.00 kr | +19.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 744.48 kr | 950.00 kr | +27.6 % |
| 1 Pair of Men Leather Business Shoes | 1,064.98 kr | 1,200.00 kr | +12.7 % |
Rent Per Month | Denmark Edit |
Faroe Islands Edit | |
| Apartment (1 bedroom) in City Centre | 7,963.05 kr | 5,779.93 kr | -27.4 % |
| Apartment (1 bedroom) Outside of Centre | 5,914.90 kr | 5,116.72 kr | -13.5 % |
| Apartment (3 bedrooms) in City Centre | 13,531.55 kr | 11,669.90 kr | -13.8 % |
| Apartment (3 bedrooms) Outside of Centre | 10,554.22 kr | 9,329.29 kr | -11.6 % |
Buy Apartment Price | Denmark Edit |
Faroe Islands Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 3,716.22 kr | 2,150.53 kr | -42.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 2,644.23 kr | 1,072.09 kr | -59.5 % |
Salaries And Financing | Denmark Edit |
Faroe Islands Edit | |
| Average Monthly Net Salary (After Tax) | 25,334.08 kr | 14,419.90 kr | -43.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.94 | 3.10 | -21.4 % |
| Last update: | April 2024 | January 2024 | |
| Contributors in the past 12 months: | 479 | 12 |
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