Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 20.54 $ 15.00-30.42
Meal for 2 People, Mid-range Restaurant, Three-course 136.91 $ 60.85-167.33
McMeal at McDonalds (or Equivalent Combo Meal) 19.78 $ 19.01-20.00
Domestic Beer (1 pint draught) 9.13 $ 9.13-10.65
Imported Beer (12 oz small bottle) 9.13 $ 7.61-15.00
Cappuccino (regular) 6.66 $ 3.35-8.00
Coke/Pepsi (12 oz small bottle) 3.15 $ 2.74-3.80
Water (12 oz small bottle) 2.59 $ 2.13-3.04
Markets
Edit
Milk (regular), (1 gallon) 8.54 $ 7.49-9.79
Loaf of Fresh White Bread (1 lb) 3.80 $ 3.04-10.29
Rice (white), (1 lb) 1.70 $ 0.83-2.57
Eggs (regular) (12) 5.30 $ 3.65-7.12
Local Cheese (1 lb) 6.53 $ 5.15-8.28
Chicken Fillets (1 lb) 6.38 $ 6.08-6.83
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12.42 $
Apples (1 lb) 1.21 $ 1.04-1.38
Banana (1 lb) 1.14 $ 1.04-1.24
Oranges (1 lb) 1.38 $ 1.38-1.38
Tomato (1 lb) 1.10 $ 0.83-1.38
Potato (1 lb) 1.14 $ 1.04-1.24
Onion (1 lb) 1.45 $ 1.38-1.52
Lettuce (1 head) 2.43 $
Water (1.5 liter bottle) 3.30 $ 2.28-4.56
Bottle of Wine (Mid-Range) 12.17 $ 11.41-21.30
Domestic Beer (0.5 liter bottle) 2.39 $ 2.13-2.74
Imported Beer (12 oz small bottle) 2.89 $ 1.83-3.80
Cigarettes 20 Pack (Marlboro) 10.65 $ 9.89-11.41
Transportation
Edit
One-way Ticket (Local Transport) 0.00 $ 0.00-4.56
Monthly Pass (Regular Price) 0.00 $ 0.00-0.00
Taxi Start (Normal Tariff) 11.41 $ 10.65-12.17
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 51.06 $
Gasoline (1 gallon) 7.63 $ 5.18-8.64
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 39,550.94 $
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 51,720.47 $ 48,678.09-54,762.85
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 137.50 $ 69.62-190.76
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39.55 $ 36.51-42.59
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.38 $ 60.85-68.45
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 49.21 $ 21.30-60.85
Tennis Court Rent (1 Hour on Weekend) 15.21 $
Cinema, International Release, 1 Seat 16.35 $ 15.21-16.73
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 410.72 $ 273.81-547.63
International Primary School, Yearly for 1 Child 0.00 $
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 142.57 $ 91.27-182.54
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.85 $ 53.24-68.45
1 Pair of Nike Running Shoes (Mid-Range) 154.02 $ 121.70-190.15
1 Pair of Men Leather Business Shoes 218.04 $ 121.70-243.39
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,014.13 $ 608.48-1,521.19
Apartment (1 bedroom) Outside of Centre 862.01 $ 608.48-1,216.95
Apartment (3 bedrooms) in City Centre 1,825.43 $ 1,521.19-2,281.79
Apartment (3 bedrooms) Outside of Centre 1,355.37 $ 1,064.83-1,825.43
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 328.32 $ 250.10-423.97
Price per Square Feet to Buy Apartment Outside of Centre 356.44 $ 197.85-659.49
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 2,180.82 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.99

Prices in Faroe Islands

This country had 53 entries in the past 12 months by 11 different contributors.
Last update: 23 February 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
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