🇫🇴 Cost of living and prices in Faroe Islands, prices of food, rent, shopping, etc. Updated Apr 2021

Faroe Islands 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 34.47 people per square kilometre. The official language of Faroe Islands is Faroese. Faroe Islands gross domestic product (GDP) is $2,320,000,000. GDP per capita is $ 48105. The currency in Faroe Islands are Danish krone, Faroese króna. Top level domains in Faroe Islands: .fo

Estimated cost of living for a month without rent

1554.57 USD

Total cost of living for two person with average consumption for one month will be 1554.57 USD, no rent price included. Click here to calculate cost-of-living estimate in Faroe Islands

Cost of Living Estimate

You can calculate cost of living by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Meal in Inexpensive Restaurant
18.64 $
Meal for 2 People, Mid-range Restaurant, Three-course
85.10 $
McMeal at McDonalds or Alternative Combo Meal
12.97 $
Domestic Beer, 0.5 liter Draught
8.10 $
Imported Beer, 0.33 liter Bottle
6.48 $
Cappuccino
4.60 $
Coca-Cola, 0.33 liter Bottle
3.00 $

Markets prices

Water, 0.33 liter Bottle
2.43 $
Milk, Regular,1 liter
1.73 $
White Rice, 1 kg
3.24 $
Eggs, 12 pack
4.06 $
Local Cheese, 1 kg
4.06 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
16.21 $
Onion, 1 kg
2.43 $
Lettuce, 1 head
2.92 $
Bottle of Wine, Mid-Range Price
15.39 $
Domestic Beer, 0.5 liter Bottle
1.94 $
Imported Beer, 0.33 liter Bottle
3.24 $
Pack of Cigarettes
9.57 $

Transportation prices

Taxi Start, Normal Tariff
12.97 $
Taxi, price for 1 km, Normal Tariff
1.62 $
Taxi, price for 1 hour Waiting, Normal Tariff
64.69 $
Gasoline, 1 liter
1.50 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
40,525.36 $
Honda Civic 1.6 Or Alternative New Car
47,819.93 $

Utilities Per Month prices

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
172.42 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.26 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
72.79 $

Sports And Leisure prices

Fitness Club, Monthly Fee for 1 Adult
58.27 $

Salaries And Financing prices

Cinema ticket, 1 Seat
15.39 $
Average Monthly Net Salary, After Tax
2,634.16 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
0.09 %

Childcare prices

Private Preschool or Kindergarten, Monthly for 1 Child
453.88 $

Clothing And Shoes prices

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
156.70 $
Pair of Running Shoes, Mid-Range Price
151.24 $
Pair of Leather Business Shoes
194.52 $

Rent Per Month prices

One bedroom apartment in city centre
972.62 $
One bedroom apartment outside of city centre
891.56 $
Three bedroom apartment in city centre
1,621.01 $
Three bedroom apartment outside of city centre
1,458.91 $

Buy Apartment prices

Price per m2 to Buy Apartment in City Center
4,863.04 $
Price per m2 to Buy Apartment Outside of City Center
2,971.81 $