Cost of Living Comparison Between Faroe Islands and Finland 
| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Cost of Living | |
| Not enough data to calculate difference in Cost of Living Including Rent | |
| Rent Prices in Finland are 11.1% lower than in Faroe Islands | |
| Restaurant Prices in Finland are 31.8% lower than in Faroe Islands | |
| Groceries Prices in Finland are 18.5% lower than in Faroe Islands | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Faroe Islands Edit |
Finland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
143.75 kr (19.26 €) |
104.50 kr (14.00 €) |
-27.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 kr (133.98 €) |
597.12 kr (80.00 €) |
-40.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
125.00 kr (16.75 €) |
74.64 kr (10.00 €) |
-40.3 % |
| Domestic Beer (1 pint draught) |
60.00 kr (8.04 €) |
52.25 kr (7.00 €) |
-12.9 % |
| Imported Beer (12 oz small bottle) |
50.00 kr (6.70 €) |
52.25 kr (7.00 €) |
+4.5 % |
| Cappuccino (regular) |
37.92 kr (5.08 €) |
30.80 kr (4.13 €) |
-18.8 % |
| Coke/Pepsi (12 oz small bottle) |
20.86 kr (2.80 €) |
18.67 kr (2.50 €) |
-10.5 % |
| Water (12 oz small bottle) |
17.60 kr (2.36 €) |
13.08 kr (1.75 €) |
-25.7 % |
Markets | Faroe Islands Edit |
Finland Edit | |
| Milk (regular), (1 gallon) |
52.96 kr (7.10 €) |
30.23 kr (4.05 €) |
-42.9 % |
| Loaf of Fresh White Bread (1 lb) |
24.95 kr (3.34 €) |
16.43 kr (2.20 €) |
-34.1 % |
| Rice (white), (1 lb) |
11.19 kr (1.50 €) |
8.02 kr (1.07 €) |
-28.3 % |
| Eggs (regular) (12) |
33.65 kr (4.51 €) |
21.81 kr (2.92 €) |
-35.2 % |
| Local Cheese (1 lb) |
42.94 kr (5.75 €) |
26.37 kr (3.53 €) |
-38.6 % |
| Chicken Fillets (1 lb) |
42.45 kr (5.69 €) |
38.48 kr (5.16 €) |
-9.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
81.65 kr (10.94 €) |
63.50 kr (8.51 €) |
-22.2 % |
| Apples (1 lb) |
7.94 kr (1.06 €) |
7.68 kr (1.03 €) |
-3.3 % |
| Banana (1 lb) |
7.48 kr (1.00 €) |
5.95 kr (0.80 €) |
-20.5 % |
| Oranges (1 lb) |
9.07 kr (1.22 €) |
7.40 kr (0.99 €) |
-18.4 % |
| Tomato (1 lb) |
7.26 kr (0.97 €) |
12.67 kr (1.70 €) |
+74.6 % |
| Potato (1 lb) |
7.48 kr (1.00 €) |
4.06 kr (0.54 €) |
-45.7 % |
| Onion (1 lb) |
9.53 kr (1.28 €) |
5.58 kr (0.75 €) |
-41.4 % |
| Lettuce (1 head) |
16.00 kr (2.14 €) |
13.86 kr (1.86 €) |
-13.4 % |
| Water (1.5 liter bottle) |
21.67 kr (2.90 €) |
12.21 kr (1.64 €) |
-43.7 % |
| Bottle of Wine (Mid-Range) |
80.00 kr (10.72 €) |
97.03 kr (13.00 €) |
+21.3 % |
| Domestic Beer (0.5 liter bottle) |
27.72 kr (3.71 €) |
20.87 kr (2.80 €) |
-24.7 % |
| Imported Beer (12 oz small bottle) |
19.00 kr (2.55 €) |
24.54 kr (3.29 €) |
+29.1 % |
| Cigarettes 20 Pack (Marlboro) |
67.50 kr (9.04 €) |
74.64 kr (10.00 €) |
+10.6 % |
Transportation | Faroe Islands Edit |
Finland Edit | |
| One-way Ticket (Local Transport) |
0.00 kr (0.00 €) |
22.39 kr (3.00 €) |
|
| Monthly Pass (Regular Price) |
0.00 kr (0.00 €) |
440.38 kr (59.00 €) |
|
| Taxi Start (Normal Tariff) |
75.00 kr (10.05 €) |
52.25 kr (7.00 €) |
-30.3 % |
| Taxi 1 mile (Normal Tariff) |
? (? €) |
18.02 kr (2.41 €) |
|
| Taxi 1hour Waiting (Normal Tariff) |
335.88 kr (45.00 €) |
373.20 kr (50.00 €) |
+11.1 % |
| Gasoline (1 gallon) |
50.13 kr (6.72 €) |
54.92 kr (7.36 €) |
+9.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
277,000.00 kr (37,111.51 €) |
214,955.48 kr (28,799.00 €) |
-22.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
326,666.67 kr (43,765.68 €) |
224,515.01 kr (30,079.75 €) |
-31.3 % |
Utilities (Monthly) | Faroe Islands Edit |
Finland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
903.90 kr (121.10 €) |
894.05 kr (119.78 €) |
-1.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
260.00 kr (34.83 €) |
195.57 kr (26.20 €) |
-24.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
416.67 kr (55.82 €) |
156.74 kr (21.00 €) |
-62.4 % |
Sports And Leisure | Faroe Islands Edit |
Finland Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
391.67 kr (52.47 €) |
302.05 kr (40.47 €) |
-22.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
100.00 kr (13.40 €) |
174.15 kr (23.33 €) |
+74.1 % |
| Cinema, International Release, 1 Seat |
110.00 kr (14.74 €) |
111.96 kr (15.00 €) |
+1.8 % |
Childcare | Faroe Islands Edit |
Finland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,077.00 kr (412.25 €) |
2,211.35 kr (296.27 €) |
-28.1 % |
| International Primary School, Yearly for 1 Child |
7,463.99 kr (1,000.00 €) |
65,522.82 kr (8,778.52 €) |
+777.9 % |
Clothing And Shoes | Faroe Islands Edit |
Finland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
912.50 kr (122.25 €) |
622.81 kr (83.44 €) |
-31.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
350.00 kr (46.89 €) |
254.09 kr (34.04 €) |
-27.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
950.00 kr (127.28 €) |
606.28 kr (81.23 €) |
-36.2 % |
| 1 Pair of Men Leather Business Shoes |
1,200.00 kr (160.77 €) |
829.76 kr (111.17 €) |
-30.9 % |
Rent Per Month | Faroe Islands Edit |
Finland Edit | |
| Apartment (1 bedroom) in City Centre |
5,812.68 kr (778.76 €) |
5,840.35 kr (782.47 €) |
+0.5 % |
| Apartment (1 bedroom) Outside of Centre |
4,894.24 kr (655.71 €) |
4,741.99 kr (635.32 €) |
-3.1 % |
| Apartment (3 bedrooms) in City Centre |
11,737.76 kr (1,572.58 €) |
9,731.71 kr (1,303.82 €) |
-17.1 % |
| Apartment (3 bedrooms) Outside of Centre |
8,943.33 kr (1,198.20 €) |
7,576.66 kr (1,015.09 €) |
-15.3 % |
Buy Apartment Price | Faroe Islands Edit |
Finland Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
2,152.61 kr (288.40 €) |
3,631.49 kr (486.53 €) |
+68.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,072.21 kr (143.65 €) |
2,416.70 kr (323.78 €) |
+125.4 % |
Salaries And Financing | Faroe Islands Edit |
Finland Edit | |
| Average Monthly Net Salary (After Tax) |
14,422.20 kr (1,932.24 €) |
19,402.05 kr (2,599.42 €) |
+34.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.10 | 3.45 | +11.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 13 | 506 |
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