Cost of living in Faroe Islands compared to Nigeria
Currency:
| Food | + 360% | |||
|---|---|---|---|---|
| Food in Faroe Islands is 360% more expensive than in Nigeria | ||||
| Faroe Islands | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | kr200 (47,314 ₦) | 6,197 ₦ | + 663% | |
| Combo meal in fast food restaurant (big mac meal or similar) | kr100 (23,657 ₦) | 4,250 ₦ | + 457% | |
| 500 gr (1 lb.) of boneless chicken breast | kr52 (12,239 ₦) | 3,207 ₦ | + 282% | |
| 1 liter (1 qt.) of whole fat milk | kr15 (3,549 ₦) | 1,143 ₦ | + 210% | |
| 12 eggs, large | kr36 (8,517 ₦) | 2,479 ₦ | + 244% | |
| 1 kg (2 lb.) of tomatoes | kr20 (4,731 ₦) | 1,495 ₦ | + 217% | |
| 500 gr (16 oz.) of local cheese | kr55 (13,065 ₦) | 5,933 ₦ | + 120% | |
| 1 kg (2 lb.) of apples | kr58 (13,800 ₦) | 3,488 ₦ | + 296% | |
| 1 kg (2 lb.) of potatoes | kr40 (9,463 ₦) | 2,733 ₦ | + 246% | |
| 0.5 l (16 oz) domestic beer in the supermarket | kr31 (7,398 ₦) | 1,037 ₦ | + 613% | |
| 1 bottle of red table wine, good quality | kr200 (47,314 ₦) | 9,593 ₦ | + 393% | |
| 2 liters of coca-cola | kr35 (8,280 ₦) | 1,084 ₦ | + 664% | |
| Bread for 2 people for 1 day | kr9 (2,070 ₦) | 1,323 ₦ | + 56% | |
| Housing | + 35% | |||
| Housing in Faroe Islands is 35% more expensive than in Nigeria | ||||
| Faroe Islands | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | kr10,000 (2,365,715 ₦) | 2,222,680 ₦ | + 6% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | kr7,000 (1,656,001 ₦) | 1,328,290 ₦ | + 25% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | kr250 (59,143 ₦) | 153,894 ₦ | - 62% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | kr3,000 (709,715 ₦) | 844,148 ₦ | - 16% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | - | 754,176 ₦ | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | kr1,000 (236,572 ₦) | 240,561 ₦ | - 2% | |
| Internet 8 mbps (1 month) | kr449 (106,221 ₦) | 28,675 ₦ | + 270% | |
| 40” flat screen tv | kr2,638 (623,976 ₦) | 387,079 ₦ | + 61% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | 126,450 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | kr84 (19,988 ₦) | 2,193 ₦ | + 811% | |
| Hourly rate for cleaning help | kr120 (28,389 ₦) | 2,985 ₦ | + 851% | |
| Clothes | + 458% | |||
| Clothes in Faroe Islands is 458% more expensive than in Nigeria | ||||
| Faroe Islands | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | kr1,100 (260,229 ₦) | 17,024 ₦ | + 1429% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | kr500 (118,286 ₦) | 15,682 ₦ | + 654% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | kr1,200 (283,886 ₦) | 45,968 ₦ | + 518% | |
| 1 pair of men’s leather business shoes | - | 50,000 ₦ | - | |
| Transportation | + 108% | |||
| Transportation in Faroe Islands is 108% more expensive than in Nigeria | ||||
| Faroe Islands | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | kr308,000 (72,864,037 ₦) | 5,000,000 ₦ | + 1357% | |
| 1 liter (1/4 gallon) of gas | kr13 (3,075 ₦) | 1,034 ₦ | + 197% | |
| Monthly ticket public transport | - | 34,491 ₦ | - | |
| Personal Care | + 108% | |||
| Personal Care in Faroe Islands is 108% more expensive than in Nigeria | ||||
| Faroe Islands | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | 4,044 ₦ | - | |
| 1 box of antibiotics (12 doses) | kr25 (5,914 ₦) | 1,768 ₦ | + 235% | |
| Short visit to private doctor (15 minutes) | - | 17,619 ₦ | - | |
| 1 box of 32 tampons (tampax, ob, ...) | kr50 (11,829 ₦) | 4,474 ₦ | + 164% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | kr25 (5,914 ₦) | 1,749 ₦ | + 238% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | kr30 (7,097 ₦) | 3,834 ₦ | + 85% | |
| 4 rolls of toilet paper | kr20 (4,731 ₦) | 2,923 ₦ | + 62% | |
| Tube of toothpaste | kr25 (5,914 ₦) | 1,338 ₦ | + 342% | |
| Standard men's haircut in expat area of the city | kr400 (94,629 ₦) | 3,631 ₦ | + 2506% | |
| Entertainment | + 108% | |||
| Entertainment in Faroe Islands is 108% more expensive than in Nigeria | ||||
| Faroe Islands | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | kr250 (59,143 ₦) | 43,872 ₦ | + 35% | |
| 2 tickets to the movies | kr220 (52,046 ₦) | 11,069 ₦ | + 370% | |
| 2 tickets to the theater (best available seats) | - | 15,224 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | kr600 (141,943 ₦) | 42,055 ₦ | + 238% | |
| 1 cocktail drink in downtown club | kr100 (23,657 ₦) | 4,541 ₦ | + 421% | |
| Cappuccino in expat area of the city | kr30 (7,097 ₦) | 3,331 ₦ | + 113% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | kr70 (16,560 ₦) | 1,421 ₦ | + 1065% | |
| Ipad wi-fi 128gb | kr5,000 (1,182,858 ₦) | 298,218 ₦ | + 297% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | - | - | |
| 1 month of gym membership in business district | - | 20,174 ₦ | - | |
| 1 package of marlboro cigarettes | kr90 (21,291 ₦) | 2,500 ₦ | + 752% | |
| TOTAL | + 133% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 198 prices entered by 25 different people.
These prices were last updated on June 12, 2025.
Exchange rate:
236.572
NGN
/
DKK
*
Cost of living in Faroe Islands is 133% more expensive than in Nigeria
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