Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 143.39 kr 110.00-300.00
Meal for 2 People, Mid-range Restaurant, Three-course 800.00 kr 600.00-1,100.00
McMeal at McDonalds (or Equivalent Combo Meal) 95.00 kr 80.00-110.00
Domestic Beer (1 pint draught) 31.09 kr 20.00-50.00
Imported Beer (12 oz small bottle) 24.93 kr 20.00-49.74
Cappuccino (regular) 26.83 kr 16.00-40.00
Coke/Pepsi (12 oz small bottle) 19.61 kr 16.00-25.00
Water (12 oz small bottle) 13.41 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) 25.00 kr 20.00-30.00
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) ?
Cinema, International Release, 1 Seat 105.00 kr 95.00-150.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,779.49 kr 1,500.00-4,338.47
International Primary School, Yearly for 1 Child 7,437.38 kr
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 433.33 kr 300.00-600.00
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 6,734.34 kr 6,000.00-7,460.60
Apartment (1 bedroom) Outside of Centre 6,136.83 kr 5,000.00-7,460.60
Apartment (3 bedrooms) in City Centre 11,879.58 kr 10,000.00-18,651.50
Apartment (3 bedrooms) Outside of Centre 11,658.33 kr 7,500.00-18,651.50
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,161.28 kr
Price per Square Feet to Buy Apartment Outside of Centre 929.02 kr
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 15,436.62 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 56 entries in the past 12 months by 14 different contributors.
Last update: April 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