Cost of living in Chicago, Illinois (United States) is about the same as in Tórshavn, Faroe Islands (Faroe Islands)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 257 prices entered by 74 different people.
Full price comparison, by category
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Currency:
Food | - 19% | |||
---|---|---|---|---|
Food in Chicago, Illinois (United States) is 19% cheaper than in Tórshavn, Faroe Islands (Faroe Islands) | ||||
Update prices | Update prices | |||
Chicago, Illinois | Tórshavn, Faroe Islands | Diff | ||
Basic lunchtime menu (including a drink) in the business district | $18 (kr125) | kr120 | + 4% | |
Combo meal in fast food restaurant (big mac meal or similar) | $9 (kr62) | kr92 | - 32% | |
500 gr (1 lb.) of boneless chicken breast | $7 (kr45) | - | - | |
1 liter (1 qt.) of whole fat milk | $1.00 (kr7) | kr12 | - 43% | |
12 eggs, large | $4.20 (kr29) | - | - | |
1 kg (2 lb.) of tomatoes | $3.98 (kr28) | - | - | |
500 gr (16 oz.) of local cheese | $7 (kr48) | - | - | |
1 kg (2 lb.) of apples | $3.62 (kr25) | - | - | |
1 kg (2 lb.) of potatoes | $2.13 (kr15) | - | - | |
0.5 l (16 oz) domestic beer in the supermarket | $3.38 (kr23) | kr49 | - 52% | |
1 bottle of red table wine, good quality | $17 (kr114) | kr118 | - 3% | |
2 liters of coca-cola | $2.35 (kr16) | kr40 | - 60% | |
Bread for 2 people for 1 day | $2.36 (kr16) | kr20 | - 16% | |
Housing | + 32% | |||
Housing in Chicago, Illinois (United States) is 32% more expensive than in Tórshavn, Faroe Islands (Faroe Islands) | ||||
Update prices | Update prices | |||
Chicago, Illinois | Tórshavn, Faroe Islands | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $2,462 (kr17,050) | kr8,500 | + 101% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $1,731 (kr11,987) | kr7,000 | + 71% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $247 (kr1,713) | - | - | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $1,907 (kr13,205) | - | - | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $1,179 (kr8,165) | - | - | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $138 (kr957) | - | - | |
Internet 8 mbps (1 month) | $57 (kr393) | - | - | |
40” flat screen tv | $252 (kr1,744) | - | - | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $116 (kr804) | - | - | |
Laundry detergent (3 l. ~ 100 oz.) | $14 (kr95) | - | - | |
Hourly rate for cleaning help | $29 (kr198) | - | - | |
Clothes | ||||
Clothes in Chicago, Illinois (United States) is about the same as in Tórshavn, Faroe Islands (Faroe Islands) | ||||
Update prices | Update prices | |||
Chicago, Illinois | Tórshavn, Faroe Islands | Diff | ||
1 pair of jeans (levis 501 or similar) | $59 (kr412) | - | - | |
1 summer dress in a high street store (zara, h&m or similar retailers) | $39 (kr272) | - | - | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | $107 (kr743) | - | - | |
1 pair of men’s leather business shoes | $91 (kr631) | - | - | |
Transportation | - 11% | |||
Transportation in Chicago, Illinois (United States) is 11% cheaper than in Tórshavn, Faroe Islands (Faroe Islands) | ||||
Update prices | Update prices | |||
Chicago, Illinois | Tórshavn, Faroe Islands | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $25,782 (kr178,548) | - | - | |
1 liter (1/4 gallon) of gas | $1.29 (kr9) | kr15 | - 40% | |
Monthly ticket public transport | $75 (kr520) | - | - | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $14 (kr98) | - | - | |
Personal Care | ||||
Personal Care in Chicago, Illinois (United States) is about the same as in Tórshavn, Faroe Islands (Faroe Islands) | ||||
Update prices | Update prices | |||
Chicago, Illinois | Tórshavn, Faroe Islands | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $9 (kr65) | - | - | |
1 box of antibiotics (12 doses) | $14 (kr98) | - | - | |
Short visit to private doctor (15 minutes) | $102 (kr708) | - | - | |
1 box of 32 tampons (tampax, ob, ...) | $8 (kr52) | - | - | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | $4.26 (kr30) | - | - | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $5.73 (kr40) | - | - | |
4 rolls of toilet paper | $4.91 (kr34) | - | - | |
Tube of toothpaste | $1.97 (kr14) | - | - | |
Standard men's haircut in expat area of the city | $33 (kr226) | - | - | |
Entertainment | ||||
Entertainment in Chicago, Illinois (United States) is about the same as in Tórshavn, Faroe Islands (Faroe Islands) | ||||
Update prices | Update prices | |||
Chicago, Illinois | Tórshavn, Faroe Islands | Diff | ||
Basic dinner out for two in neighborhood pub | $50 (kr346) | - | - | |
2 tickets to the movies | $28 (kr191) | - | - | |
2 tickets to the theater (best available seats) | $188 (kr1,300) | - | - | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $100 (kr694) | - | - | |
1 cocktail drink in downtown club | $15 (kr106) | - | - | |
Cappuccino in expat area of the city | $5.32 (kr37) | - | - | |
1 beer in neighbourhood pub (500ml or 1pt.) | $6 (kr42) | - | - | |
Ipad wi-fi 128gb | $501 (kr3,472) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | $0.52 (kr3.58) | - | - | |
1 month of gym membership in business district | $87 (kr603) | - | - | |
1 package of marlboro cigarettes | $16 (kr113) | - | - | |
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TOTAL | + 0% |

These prices were last updated on March 26, 2023.
Exchange rate:
6.925
DKK
/
USD
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For example, you would need at least kr26,055 ($3,762) in Chicago, Illinois to maintain the same standard of living that you can have with kr26,000 in Tórshavn, Faroe Islands.
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