Cost of Living in Faroe Islands

Restaurants
Edit Range
Meal, Inexpensive Restaurant 20.45 $ 13.94-36.39
Meal for 2 People, Mid-range Restaurant, Three-course 139.37 $ 55.75-153.31
McMeal at McDonalds (or Equivalent Combo Meal) 18.12 $ 17.42-20.00
Domestic Beer (1 pint draught) 8.36 $ 8.36-10.00
Imported Beer (12 oz small bottle) 8.18 $ 6.97-15.00
Cappuccino (regular) 5.66 $ 3.07-8.00
Coke/Pepsi (12 oz small bottle) 2.86 $ 2.50-3.48
Water (12 oz small bottle) 2.18 $ 2.00-2.79
Markets
Edit
Milk (regular), (1 gallon) 7.47 $ 6.86-7.91
Loaf of Fresh White Bread (1 lb) 3.48 $ 2.78-9.43
Rice (white), (1 lb) 1.56 $ 0.76-2.36
Eggs (regular) (12) 4.86 $ 3.34-6.52
Local Cheese (1 lb) 5.98 $ 4.72-7.59
Chicken Fillets (1 lb) 5.84 $ 5.57-6.26
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 11.38 $
Apples (1 lb) 1.11 $ 0.95-1.26
Banana (1 lb) 1.04 $ 0.95-1.14
Oranges (1 lb) 1.26 $ 1.26-1.26
Tomato (1 lb) 1.01 $ 0.76-1.26
Potato (1 lb) 1.04 $ 0.95-1.14
Onion (1 lb) 1.33 $ 1.26-1.39
Lettuce (1 head) 2.23 $
Water (1.5 liter bottle) 3.02 $ 2.09-4.18
Bottle of Wine (Mid-Range) 11.15 $ 10.45-19.51
Domestic Beer (0.5 liter bottle) 2.19 $ 1.95-2.51
Imported Beer (12 oz small bottle) 2.65 $ 1.67-3.48
Cigarettes 20 Pack (Marlboro) 9.76 $ 9.06-10.45
Transportation
Edit
One-way Ticket (Local Transport) 0.00 $ 0.00-4.18
Monthly Pass (Regular Price) 0.00 $ 0.00-0.00
Taxi Start (Normal Tariff) 10.45 $ 9.76-11.15
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 46.79 $
Gasoline (1 gallon) 6.99 $ 4.75-7.91
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,236.65 $
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 47,386.39 $ 44,598.96-50,173.82
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 125.98 $ 63.79-174.77
Mobile Phone Monthly Plan with Calls and 10GB+ Data 36.24 $ 33.45-39.02
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 58.07 $ 55.75-62.72
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 45.09 $ 19.51-55.75
Tennis Court Rent (1 Hour on Weekend) 13.94 $
Cinema, International Release, 1 Seat 14.98 $ 13.94-15.33
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 428.71 $ 250.87-606.54
International Primary School, Yearly for 1 Child 0.00 $
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 130.63 $ 83.62-167.25
1 Summer Dress in a Chain Store (Zara, H&M, ...) 55.75 $ 48.78-62.72
1 Pair of Nike Running Shoes (Mid-Range) 141.11 $ 111.50-174.21
1 Pair of Men Leather Business Shoes 199.77 $ 111.50-222.99
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 900.39 $ 557.49-1,393.72
Apartment (1 bedroom) Outside of Centre 724.73 $ 557.49-1,254.35
Apartment (3 bedrooms) in City Centre 1,672.46 $ 1,393.72-2,090.58
Apartment (3 bedrooms) Outside of Centre 1,241.81 $ 975.60-1,672.46
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 323.70 $ 233.09-388.44
Price per Square Feet to Buy Apartment Outside of Centre 326.57 $ 181.27-604.23
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,998.11 $
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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