Faroe Islands. Cost of living and prices in Faroe Islands (Føroyar), prices of food, rent, shopping, etc

Faroe Islands (Føroyar) is country located in Northern Europe. Faroe Islands covers an area of 1,399 square kilometres. Faroe Islands has a population of 48,228 and a population density of 34 people per square kilometre. Faroese language is Faroese. Faroe Islands gross domestic product (GDP) is $2,320,000,000, GDP per capita is $48,105. Faroese currency are Danish krone,Faroese króna. Faroese top level domains: .fo

Current average prices of 42 goods and services in 10 categories in Faroe Islands. Prices of food, restaurants, transportation, utilities, clothing and apartment rent & buying costs in Faroe Islands. Average salaries also included.


Markets prices Faroe Islands Avg. World Compare to average
Water (0.33 liter bottle) Water, 0.33 liter Bottle $2.41 $1.06 ➚ 127%
Milk (regular), (1 liter) Milk, Regular,1 liter $1.72 $1.13 ➚ 52%
Rice (white), (1kg) White Rice, 1 kg $3.22 $2.18 ➚ 48%
Eggs (regular) (12) Eggs, 12 pack $4.03 $2.23 ➚ 81%
Local Cheese (1kg) Local Cheese, 1 kg $4.03 $9.10 ➘ 56%
Beef Round (1kg) (or Equivalent Back Leg Red Meat) Beef Round or Equivalent Back Leg Red Meat, 1 kg $16.10 $10.93 ➚ 47%
Onion (1kg) Onion, 1 kg $2.41 $1.49 ➚ 62%
Lettuce (1 head) Lettuce, 1 head $2.90 $1.19 ➚ 144%
Bottle of Wine (Mid-Range) Bottle of Wine, Mid-Range Price $15.29 $9.41 ➚ 62%
Domestic Beer (0.5 liter bottle) Domestic Beer, 0.5 liter Bottle $1.93 $1.67 ➚ 16%
Pack of Cigarettes (Marlboro) Pack of Cigarettes $9.50 $5.79 ➚ 64%
Buy Apartment prices Faroe Islands Avg. World Compare to average
Price per Square Meter to Buy Apartment in City Centre Price per m2 to Buy Apartment in City Center $4830.30 $2093.09 ➚ 131%
Price per Square Meter to Buy Apartment Outside of Centre Price per m2 to Buy Apartment Outside of City Center $2951.80 $1456.99 ➚ 103%
Childcare prices Faroe Islands Avg. World Compare to average
Preschool (or Kindergarten), Private, Monthly for 1 Child Private Preschool or Kindergarten, Monthly for 1 Child $450.82 $468.99 ➘ 4%
Clothing And Shoes prices Faroe Islands Avg. World Compare to average
1 Pair of Jeans (Levis 501 Or Similar) Pair of Jeans in a Chain Store Like George, H&M, Zara, etc. $155.64 $57.66 ➚ 170%
1 Pair of Nike Running Shoes (Mid-Range) Pair of Running Shoes, Mid-Range Price $150.22 $78.61 ➚ 91%
1 Pair of Men Leather Business Shoes Pair of Leather Business Shoes $193.21 $87.28 ➚ 121%
Rent Per Month prices Faroe Islands Avg. World Compare to average
Apartment (1 bedroom) in City Centre Apartment, 1 bedroom, Outside in City Centre $966.07 $616.74 ➚ 57%
Apartment (1 bedroom) Outside of Centre Apartment, 1 bedroom, Outside of City Centre $885.56 $483.24 ➚ 83%
Apartment (3 bedrooms) in City Centre Apartment, 3 bedrooms, Outside in City Centre $1610.10 $1110.73 ➚ 45%
Apartment (3 bedrooms) Outside of Centre Apartment, 3 bedrooms, Outside of City Centre $1449.09 $859.10 ➚ 69%
Restaurants prices Faroe Islands Avg. World Compare to average
Meal, Inexpensive Restaurant Meal in Inexpensive Restaurant $18.51 $9.73 ➚ 90%
Meal for 2 People, Mid-range Restaurant, Three-course Meal for 2 People, Mid-range Restaurant, Three-course $84.53 $40.14 ➚ 111%
McMeal at McDonalds (or Equivalent Combo Meal) McMeal at McDonalds or Alternative Combo Meal $12.88 $6.52 ➚ 98%
Domestic Beer (0.5 liter draught) Domestic Beer, 0.5 liter Draught $8.05 $3.25 ➚ 148%
Imported Beer (0.33 liter bottle) Imported Beer, 0.33 liter Bottle $6.44 $3.06 ➚ 110%
Cappuccino (regular) Cappuccino $4.57 $2.73 ➚ 67%
Coke/Pepsi (0.33 liter bottle) Coca-Cola, 0.33 liter Bottle $2.98 $1.44 ➚ 107%
Imported Beer (0.33 liter bottle) Imported Beer, 0.33 liter Bottle $3.22 $3.06 ➚ 5%
Salaries And Financing prices Faroe Islands Avg. World Compare to average
Cinema, International Release, 1 Seat Cinema ticket, 1 Seat $15.29 $8.40 ➚ 82%
Average Monthly Net Salary (After Tax) Average Monthly Net Salary, After Tax $2616.42 $1600.86 ➚ 63%
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate Mortgage Interest Rate in Percentages, Yearly, Fixed-Rate 3.13% 5.85% ➘ 46%
Sports And Leisure prices Faroe Islands Avg. World Compare to average
Fitness Club, Monthly Fee for 1 Adult Fitness Club, Monthly Fee for 1 Adult $57.88 $38.62 ➚ 50%
Transportation prices Faroe Islands Avg. World Compare to average
Taxi Start (Normal Tariff) Taxi Start, Normal Tariff $12.88 $2.91 ➚ 343%
Taxi 1km (Normal Tariff) Taxi, price for 1 km, Normal Tariff $1.61 $1.40 ➚ 15%
Taxi 1hour Waiting (Normal Tariff) Taxi, price for 1 hour Waiting, Normal Tariff $64.25 $17.53 ➚ 267%
Gasoline (1 liter) Gasoline, 1 liter $1.49 $1.05 ➚ 42%
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) $40252.50 $20886.67 ➚ 93%
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) Honda Civic 1.6 Or Alternative New Car $47497.96 $20631.62 ➚ 130%
Utilities Per Month prices Faroe Islands Avg. World Compare to average
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage $171.26 $126.22 ➚ 36%
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans $0.26 $0.14 ➚ 86%
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL $72.30 $42.26 ➚ 71%