Cost of living
Greenland compared to Faroe Islands
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Overview comparison
GreenlandFaroe Islands
Consumer prices in Faroe Islands are roughly 45% higher than in Greenland.
Cost of living
| Item | Greenland | Faroe Islands |
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| Total with rent one person | 330 | 419 |
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| Total with rent family | 818 | 1,084 |
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| Without rent one person | 202 | 270 |
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| Without rent one family | 706 | 825 |
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| Rent & Utilities person | 91 | 158 |
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| Rent & Utilities family | 184 | 404 |
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| Food person | 154 | 148 |
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| Food family | 366 | 289 |
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| Transport person | 34 | 54 |
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| Transport family | 117 | 118 |
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| Life expectancy | 62 years | 43 years |
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Eating Out
| Item | Greenland | Faroe Islands |
|---|
| Lunch Menu | 1 | 2 |
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| Dinner in a Restaurant, for 2 | 16 | 14 |
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| Fast food meal, equiv. McDonald's | 6 | 3 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2 | 1 |
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| Cappuccino | 1 | 1 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0 | 1 |
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Rent & Utilities
| Item | Greenland | Faroe Islands |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 91 | 262 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 66 | 61 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 189 | 353 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 152 | 295 |
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| Utility Bill one person, electricity, heating, water, etc. | 14 | 20 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 33 | 31 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 7 | 48 |
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Transportation
| Item | Greenland | Faroe Islands |
|---|
| Local transport ticket | 9 | 10 |
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| Monthly ticket local transport | 1,130 | 530 |
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| Taxi Ride, 8 km or 5 mi | 698 | 351 |
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| Gas / Petrol, 1 L or 0.26 gal | 0 | 0 |
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| Mortgage Interest Rate for 20 Years | 12% | 6% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 9 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 1 |
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Groceries
| Item | Greenland | Faroe Islands |
|---|
| Milk, 1 L or 1 qt | 1 | 1 |
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| Bread, 0.5 kg or 1.1 lb | 0 | 1 |
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| Eggs, x12 | 1 | 2 |
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| Cheese, 1 kg or 2.2 lb | 6 | 7 |
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| Chicken Breast, 1 kg or 2.2 lb | 2 | 4 |
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| Round Steak, 1 kg or 2.2 lb | 4 | 4 |
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| Banana, 1 kg or 2.2 lb | 1 | 0 |
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| Water, 1 L or 1 qt | 0 | 0 |
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Other
| Item | Greenland | Faroe Islands |
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| Gym Membership, 1 month | 15 | 34 |
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| Cinema Ticket, 1 person | 3 | 4 |
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| Doctors visit | 12 | 11 |
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| Haircut, simple | 2 | 2 |
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| Brand Jeans | 20 | 17 |
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| Brand Sneakers | 34 | 70 |
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| Daycare or Preschool, 1 month | 52 | 91 |
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| International Primary School, 1 year | 3,490 | 10,566 |
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