Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 20.89 $ 15.00-30.95
Meal for 2 People, Mid-range Restaurant, Three-course 154.76 $ 61.91-170.24
McMeal at McDonalds (or Equivalent Combo Meal) 20.00 $ 19.35-20.12
Domestic Beer (1 pint draught) 9.29 $ 9.29-10.83
Imported Beer (12 oz small bottle) 9.29 $ 7.74-15.00
Cappuccino (regular) 6.77 $ 3.40-8.00
Coke/Pepsi (12 oz small bottle) 3.19 $ 2.79-3.87
Water (12 oz small bottle) 2.63 $ 2.17-3.10
Markets
Edit
Milk (regular), (1 gallon) 8.69 $ 7.62-9.96
Loaf of Fresh White Bread (1 lb) 3.86 $ 3.09-10.47
Rice (white), (1 lb) 1.73 $ 0.84-2.62
Eggs (regular) (12) 5.44 $ 3.71-7.24
Local Cheese (1 lb) 6.65 $ 5.24-8.42
Chicken Fillets (1 lb) 6.49 $ 6.19-6.95
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12.64 $
Apples (1 lb) 1.23 $ 1.05-1.40
Banana (1 lb) 1.16 $ 1.05-1.26
Oranges (1 lb) 1.40 $ 1.40-1.40
Tomato (1 lb) 1.12 $ 0.84-1.40
Potato (1 lb) 1.16 $ 1.05-1.26
Onion (1 lb) 1.47 $ 1.40-1.54
Lettuce (1 head) 2.48 $
Water (1.5 liter bottle) 3.35 $ 2.32-4.64
Bottle of Wine (Mid-Range) 12.38 $ 11.61-21.67
Domestic Beer (0.5 liter bottle) 2.26 $ 2.17-2.34
Imported Beer (12 oz small bottle) 2.94 $ 1.86-3.87
Cigarettes 20 Pack (Marlboro) 10.83 $ 10.06-11.61
Transportation
Edit
One-way Ticket (Local Transport) 0.00 $ 0.00-4.64
Monthly Pass (Regular Price) 0.00 $ 0.00-0.00
Taxi Start (Normal Tariff) 11.61 $ 10.83-12.38
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 51.95 $
Gasoline (1 gallon) 7.76 $ 5.27-8.79
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 40,238.33 $
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 52,619.36 $ 49,524.10-55,714.62
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 139.89 $ 70.83-194.07
Mobile Phone Monthly Plan with Calls and 10GB+ Data 40.24 $ 37.14-43.33
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.48 $ 61.91-69.64
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 50.07 $ 21.67-61.91
Tennis Court Rent (1 Hour on Weekend) ?
Cinema, International Release, 1 Seat 16.64 $ 15.48-17.02
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 417.86 $ 278.57-557.15
International Primary School, Yearly for 1 Child 0.00 $
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 145.05 $ 92.86-185.72
1 Summer Dress in a Chain Store (Zara, H&M, ...) 61.91 $ 54.17-69.64
1 Pair of Nike Running Shoes (Mid-Range) 156.70 $ 123.81-193.45
1 Pair of Men Leather Business Shoes 221.83 $ 123.81-247.62
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,031.75 $ 619.05-1,547.63
Apartment (1 bedroom) Outside of Centre 876.99 $ 619.05-1,238.10
Apartment (3 bedrooms) in City Centre 1,857.15 $ 1,547.63-2,321.44
Apartment (3 bedrooms) Outside of Centre 1,378.91 $ 1,083.34-1,857.15
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 333.24 $ 252.07-431.33
Price per Square Feet to Buy Apartment Outside of Centre 362.64 $ 201.29-670.96
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,218.70 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.99

Prices in Faroe Islands

This country had 54 entries in the past 12 months by 12 different contributors.
Last update: 8 June 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
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