Cost of Living Comparison Between Faroe Islands and Denmark 
| 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 Denmark are 19.0% higher than in Faroe Islands | |
| Restaurant Prices in Denmark are 14.4% lower than in Faroe Islands | |
| Groceries Prices in Denmark are 15.3% lower than in Faroe Islands | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Faroe Islands Edit |
Denmark Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 150.00 kr | 150.00 kr | 0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 1,000.00 kr | 700.00 kr | -30.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 115.00 kr | 90.00 kr | -21.7 % |
| Domestic Beer (1 pint draught) | 60.00 kr | 50.00 kr | -16.7 % |
| Imported Beer (12 oz small bottle) | 50.00 kr | 50.00 kr | 0.0 % |
| Cappuccino (regular) | 37.11 kr | 39.99 kr | +7.8 % |
| Coke/Pepsi (12 oz small bottle) | 20.21 kr | 27.32 kr | +35.2 % |
| Water (12 oz small bottle) | 16.58 kr | 20.52 kr | +23.7 % |
Markets | Faroe Islands Edit |
Denmark Edit | |
| Milk (regular), (1 gallon) | 52.20 kr | 51.36 kr | -1.6 % |
| Loaf of Fresh White Bread (1 lb) | 24.95 kr | 20.01 kr | -19.8 % |
| Rice (white), (1 lb) | 11.18 kr | 7.25 kr | -35.2 % |
| Eggs (regular) (12) | 29.27 kr | 31.23 kr | +6.7 % |
| Local Cheese (1 lb) | 42.94 kr | 38.12 kr | -11.2 % |
| Chicken Fillets (1 lb) | 42.45 kr | 34.05 kr | -19.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 81.65 kr | 53.39 kr | -34.6 % |
| Apples (1 lb) | 7.94 kr | 9.49 kr | +19.6 % |
| Banana (1 lb) | 7.48 kr | 9.46 kr | +26.4 % |
| Oranges (1 lb) | 9.07 kr | 10.05 kr | +10.8 % |
| Tomato (1 lb) | 7.26 kr | 13.06 kr | +79.9 % |
| Potato (1 lb) | 7.48 kr | 6.18 kr | -17.4 % |
| Onion (1 lb) | 9.53 kr | 5.46 kr | -42.7 % |
| Lettuce (1 head) | 16.00 kr | 13.25 kr | -17.2 % |
| Water (1.5 liter bottle) | 21.67 kr | 9.26 kr | -57.3 % |
| Bottle of Wine (Mid-Range) | 80.00 kr | 65.00 kr | -18.8 % |
| Domestic Beer (0.5 liter bottle) | 27.72 kr | 12.08 kr | -56.4 % |
| Imported Beer (12 oz small bottle) | 19.00 kr | 15.88 kr | -16.4 % |
| Cigarettes 20 Pack (Marlboro) | 67.50 kr | 60.00 kr | -11.1 % |
Transportation | Faroe Islands Edit |
Denmark Edit | |
| One-way Ticket (Local Transport) | 0.00 kr | 24.00 kr | |
| Monthly Pass (Regular Price) | 0.00 kr | 600.00 kr | |
| Taxi Start (Normal Tariff) | 75.00 kr | 50.00 kr | -33.3 % |
| Taxi 1 mile (Normal Tariff) | ? | 24.14 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 335.64 kr | 455.00 kr | +35.6 % |
| Gasoline (1 gallon) | 50.13 kr | 54.15 kr | +8.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 277,000.00 kr | 300,000.00 kr | +8.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 326,666.67 kr | 313,441.60 kr | -4.0 % |
Utilities (Monthly) | Faroe Islands Edit |
Denmark Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 903.90 kr | 1,520.02 kr | +68.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 280.00 kr | 131.21 kr | -53.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 416.67 kr | 255.52 kr | -38.7 % |
Sports And Leisure | Faroe Islands Edit |
Denmark Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 391.67 kr | 271.45 kr | -30.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 100.00 kr | 189.07 kr | +89.1 % |
| Cinema, International Release, 1 Seat | 110.00 kr | 120.00 kr | +9.1 % |
Childcare | Faroe Islands Edit |
Denmark Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,075.42 kr | 3,455.15 kr | +12.3 % |
| International Primary School, Yearly for 1 Child | 7,458.58 kr | 43,266.80 kr | +480.1 % |
Clothing And Shoes | Faroe Islands Edit |
Denmark Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 912.50 kr | 730.01 kr | -20.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 350.00 kr | 293.06 kr | -16.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 950.00 kr | 744.48 kr | -21.6 % |
| 1 Pair of Men Leather Business Shoes | 1,200.00 kr | 1,064.98 kr | -11.3 % |
Rent Per Month | Faroe Islands Edit |
Denmark Edit | |
| Apartment (1 bedroom) in City Centre | 5,779.93 kr | 7,963.05 kr | +37.8 % |
| Apartment (1 bedroom) Outside of Centre | 5,116.72 kr | 5,914.90 kr | +15.6 % |
| Apartment (3 bedrooms) in City Centre | 11,669.90 kr | 13,531.55 kr | +16.0 % |
| Apartment (3 bedrooms) Outside of Centre | 9,329.29 kr | 10,554.22 kr | +13.1 % |
Buy Apartment Price | Faroe Islands Edit |
Denmark Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 2,150.53 kr | 3,716.22 kr | +72.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,072.09 kr | 2,644.23 kr | +146.6 % |
Salaries And Financing | Faroe Islands Edit |
Denmark Edit | |
| Average Monthly Net Salary (After Tax) | 14,419.90 kr | 25,334.08 kr | +75.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.10 | 3.94 | +27.3 % |
| Last update: | January 2024 | April 2024 | |
| Contributors in the past 12 months: | 12 | 479 |
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