Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 146.27 kr 100.00-261.04
Meal for 2 People, Mid-range Restaurant, Three-course 1,000.00 kr 400.00-1,100.00
McMeal at McDonalds (or Equivalent Combo Meal) 130.00 kr 125.00-142.53
Domestic Beer (1 pint draught) 60.00 kr 60.00-71.27
Imported Beer (12 oz small bottle) 58.51 kr 50.00-106.90
Cappuccino (regular) 40.58 kr 22.00-57.01
Coke/Pepsi (12 oz small bottle) 20.44 kr 17.82-25.00
Water (12 oz small bottle) 15.63 kr 14.25-20.00
Markets
Edit
Milk (regular), (1 gallon) 53.60 kr 49.21-56.78
Loaf of Fresh White Bread (1 lb) 24.95 kr 19.96-67.66
Rice (white), (1 lb) 11.18 kr 5.44-16.92
Eggs (regular) (12) 34.87 kr 24.00-46.80
Local Cheese (1 lb) 42.94 kr 33.83-54.43
Chicken Fillets (1 lb) 41.91 kr 40.00-44.91
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 81.65 kr
Apples (1 lb) 7.94 kr 6.80-9.07
Banana (1 lb) 7.48 kr 6.80-8.16
Oranges (1 lb) 9.07 kr 9.07-9.07
Tomato (1 lb) 7.26 kr 5.44-9.07
Potato (1 lb) 7.48 kr 6.80-8.16
Onion (1 lb) 9.53 kr 9.07-9.98
Lettuce (1 head) 16.00 kr
Water (1.5 liter bottle) 21.67 kr 15.00-30.00
Bottle of Wine (Mid-Range) 80.00 kr 75.00-140.00
Domestic Beer (0.5 liter bottle) 15.72 kr 14.00-18.00
Imported Beer (12 oz small bottle) 19.00 kr 12.00-25.00
Cigarettes 20 Pack (Marlboro) 70.00 kr 65.00-75.00
Transportation
Edit
One-way Ticket (Local Transport) 0.00 kr 0.00-30.00
Monthly Pass (Regular Price) 0.00 kr 0.00-0.00
Taxi Start (Normal Tariff) 75.00 kr 70.00-80.00
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 335.62 kr
Gasoline (1 gallon) 50.13 kr 34.07-56.78
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 260,000.00 kr
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 340,000.00 kr 320,000.00-360,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 903.90 kr 457.69-1,254.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 260.00 kr 240.00-280.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 416.67 kr 400.00-450.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 323.50 kr 140.00-400.00
Tennis Court Rent (1 Hour on Weekend) 100.00 kr
Cinema, International Release, 1 Seat 107.50 kr 100.00-110.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,075.33 kr 1,800.00-4,350.67
International Primary School, Yearly for 1 Child 0.00 kr
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 937.25 kr 600.00-1,200.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 400.00 kr 350.00-450.00
1 Pair of Nike Running Shoes (Mid-Range) 1,012.50 kr 800.00-1,250.00
1 Pair of Men Leather Business Shoes 1,433.33 kr 800.00-1,600.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 6,460.11 kr 4,000.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,200.00 kr 4,000.00-9,000.00
Apartment (3 bedrooms) in City Centre 12,000.00 kr 10,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 8,909.71 kr 7,000.00-12,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,323.73 kr 1,676.94-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 2,343.18 kr 1,300.63-4,335.38
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 14,335.82 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.10 2.99-3.20

Prices in Faroe Islands

This country had 110 entries in the past 12 months by 19 different contributors.
Last update: December 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
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