Cost of living in Faroe Islands

Summary of cost of living in Faroe Islands

  • Family of four estimated monthly costs: kr36,433
  • Single person estimated monthly costs: kr15,651
  • WARNING!  These estimates are based on only a few data points. At the moment, you should treat them only as a best guess.
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Basic lunchtime menu (including a drink) in the business district kr200
Combo meal in fast food restaurant (big mac meal or similar) kr100
500 gr (1 lb.) of boneless chicken breast kr70
1 liter (1 qt.) of whole fat milk kr15
12 eggs, large kr36
1 kg (2 lb.) of tomatoes kr15
500 gr (16 oz.) of local cheese kr75
1 kg (2 lb.) of apples kr58
1 kg (2 lb.) of potatoes kr40
0.5 l (16 oz) domestic beer in the supermarket kr45
1 bottle of red table wine, good quality kr200
2 liters of coca-cola kr35
Bread for 2 people for 1 day kr9
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area kr10,000
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area kr7,000
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat -
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area kr8,000
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area -
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio -
Internet 8 mbps (1 month) kr449
40” flat screen tv kr3,500
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) -
Laundry detergent (3 l. ~ 100 oz.) kr120
Hourly rate for cleaning help kr120
1 pair of jeans (levis 501 or similar) kr1,100
1 summer dress in a high street store (zara, h&m or similar retailers) kr500
1 pair of sport shoes (nike, adidas, or equivalent brands) kr1,200
1 pair of men’s leather business shoes -
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new kr308,000
1 liter (1/4 gallon) of gas kr13
Monthly ticket public transport -
Personal Care
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) -
1 box of antibiotics (12 doses) kr25
Short visit to private doctor (15 minutes) -
1 box of 32 tampons (tampax, ob, ...) kr50
Deodorant, roll-on (50ml ~ 1.5 oz.) kr25
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) kr30
4 rolls of toilet paper kr20
Tube of toothpaste kr25
Standard men's haircut in expat area of the city kr400
Basic dinner out for two in neighborhood pub kr250
2 tickets to the movies kr220
2 tickets to the theater (best available seats) -
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert kr600
1 cocktail drink in downtown club kr100
Cappuccino in expat area of the city kr30
1 beer in neighbourhood pub (500ml or 1pt.) kr70
Ipad wi-fi 128gb kr5,000
1 min. of prepaid mobile tariff (no discounts or plans) -
1 month of gym membership in business district -
1 package of marlboro cigarettes kr90

Map of Cost of Living in Faroe Islands


This map shows only the top cities in Faroe Islands. We also have on this page a list of all the cities available in Expatistan:
List of all the cities available in Expatistan

The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities
Moving the mouse on top of a city will show its name and the Cost of Living Index of that city.

What is the Cost of Living Index? To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.

List of all cities available in Faroe Islands

Tórshavn, Faroe Islands

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