Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 142.14 kr 110.00-300.00
Meal for 2 People, Mid-range Restaurant, Three-course 775.00 kr 600.00-1,100.00
McMeal at McDonalds (or Equivalent Combo Meal) 100.00 kr 80.00-110.00
Domestic Beer (1 pint draught) 33.57 kr 20.00-50.00
Imported Beer (12 oz small bottle) 24.71 kr 20.00-48.83
Cappuccino (regular) 26.66 kr 16.00-40.00
Coke/Pepsi (12 oz small bottle) 19.55 kr 16.00-25.00
Water (12 oz small bottle) 13.37 kr 10.00-20.00
Markets
Edit
Milk (regular), (1 gallon) 42.90 kr 41.64-45.42
Loaf of Fresh White Bread (1 lb) 26.61 kr 22.68-27.22
Rice (white), (1 lb) 8.92 kr 6.80-11.34
Eggs (regular) (12) 24.00 kr 22.00-25.00
Local Cheese (1 lb) 37.80 kr 22.68-54.43
Chicken Fillets (1 lb) 30.24 kr 18.14-36.29
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 26.46 kr 15.88-36.29
Apples (1 lb) 10.58 kr 9.07-11.34
Banana (1 lb) 10.58 kr 9.07-11.34
Oranges (1 lb) 10.58 kr 9.07-13.61
Tomato (1 lb) 14.74 kr 11.34-18.14
Potato (1 lb) 2.27 kr
Onion (1 lb) 10.58 kr 6.80-15.88
Lettuce (1 head) 21.67 kr 15.00-25.00
Water (1.5 liter bottle) 15.67 kr 10.00-25.00
Bottle of Wine (Mid-Range) 120.00 kr 90.00-210.00
Domestic Beer (0.5 liter bottle) 22.67 kr 18.00-30.00
Imported Beer (12 oz small bottle) 20.67 kr 20.00-22.00
Cigarettes 20 Pack (Marlboro) 65.00 kr 60.00-70.00
Transportation
Edit
One-way Ticket (Local Transport) 0.00 kr 0.00-0.00
Monthly Pass (Regular Price) 0.00 kr 0.00-0.00
Taxi Start (Normal Tariff) 80.00 kr 75.00-95.00
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 400.00 kr
Gasoline (1 gallon) 37.14 kr 34.07-37.85
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 261,000.00 kr 250,000.00-294,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 292,000.00 kr 260,000.00-300,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 3,000.00 kr
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 2.65 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 459.67 kr 300.00-579.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 354.50 kr 250.00-1,200.00
Tennis Court Rent (1 Hour on Weekend) 100.00 kr
Cinema, International Release, 1 Seat 105.00 kr 95.00-150.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,779.30 kr 1,500.00-4,337.90
International Primary School, Yearly for 1 Child 7,436.40 kr
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 666.67 kr 300.00-1,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 350.00 kr 300.00-400.00
1 Pair of Nike Running Shoes (Mid-Range) 900.00 kr 700.00-900.00
1 Pair of Men Leather Business Shoes 1,466.67 kr 1,200.00-2,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 6,706.05 kr 6,000.00-7,436.40
Apartment (1 bedroom) Outside of Centre 6,091.11 kr 5,000.00-7,324.21
Apartment (3 bedrooms) in City Centre 11,878.67 kr 10,000.00-18,310.54
Apartment (3 bedrooms) Outside of Centre 11,530.10 kr 7,500.00-18,310.54
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,974.17 kr 1,161.28-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 929.02 kr
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 15,379.05 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.27 3.00-3.50

Prices in Faroe Islands

This country had 65 entries in the past 12 months by 18 different contributors.
Last update: May 2021
Our data for each country are based on all entries from all cities in that country.
Sources and References
This page in other languages:

DeutschLebenshaltungskosten auf den Färöer-Inseln
PortuguêsCusto de Vida nas ilhas Faroe
ItalianoCosto della Vita nelle Isole Faroe
FrançaisCoût de la Vie dans les îles Féroé
EspañolCosto de Vida en Islas Feroe