Cost of living
Hovedstaden compared to Torshavn
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Overview comparison
HovedstadenTorshavn
Consumer prices in Hovedstaden are roughly 41% higher than in Torshavn.
Cost of living
| Item | Hovedstaden | Torshavn |
|---|
| Total with rent one person | 2,764 | 1,729 |
|---|
| Total with rent family | 6,180 | 3,826 |
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| Without rent one person | 873 | 1,144 |
|---|
| Without rent one family | 2,551 | 3,082 |
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| Rent & Utilities person | 1,638.95 | 869.93 |
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| Rent & Utilities family | 2,897.28 | 1,365.72 |
|---|
| Food person | 568 | 734 |
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| Food family | 1,900 | 1,561 |
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| Transport person | 218.8 | 71.74 |
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| Transport family | 637.55 | 260.08 |
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| Life expectancy | 82.82 years | 80.46 years |
|---|
Eating Out
| Item | Hovedstaden | Torshavn |
|---|
| Lunch Menu | 21.63 | 16.77 |
|---|
| Dinner in a Restaurant, for 2 | 98.1 | 150.78 |
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| Fast food meal, equiv. McDonald's | 14.59 | 20.27 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 6.6 | 7.81 |
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| Cappuccino | 8.37 | 5.1 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 4.46 | 2.72 |
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Rent & Utilities
| Item | Hovedstaden | Torshavn |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,491.37 | 747.18 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 1,022.32 | 651.29 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,841.66 | 1,363.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 2,168.42 | 1,515.9 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 141.71 | 66.41 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 224.73 | 85.06 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 43.96 | 51.05 |
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Transportation
| Item | Hovedstaden | Torshavn |
|---|
| Local transport ticket | 4.89 | 3.48 |
|---|
| Monthly ticket local transport | 7,754 | 3,590 |
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| Taxi Ride, 8 km or 5 mi | 6,911 | 3,961 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.39 | 3.62 |
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| Mortgage Interest Rate for 20 Years | 120.1% | 69.47% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 33.25 | 26.96 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.18 | 2.38 |
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Groceries
| Item | Hovedstaden | Torshavn |
|---|
| Milk, 1 L or 1 qt | 2.34 | 2.05 |
|---|
| Bread, 0.5 kg or 1.1 lb | 3.72 | 3.08 |
|---|
| Eggs, x12 | 4.6 | 4.79 |
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| Cheese, 1 kg or 2.2 lb | 11.2 | 12.35 |
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| Chicken Breast, 1 kg or 2.2 lb | 13.79 | 16.4 |
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| Round Steak, 1 kg or 2.2 lb | 18.75 | 16.13 |
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| Banana, 1 kg or 2.2 lb | 3.01 | 3.19 |
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| Water, 1 L or 1 qt | 0.99 | 1.6 |
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Other
| Item | Hovedstaden | Torshavn |
|---|
| Gym Membership, 1 month | 49.05 | 58 |
|---|
| Cinema Ticket, 1 person | 20.41 | 15.68 |
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| Doctors visit | 79.09 | 73.15 |
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| Haircut, simple | 29.97 | 38.37 |
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| Brand Jeans | 123.69 | 114.61 |
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| Brand Sneakers | 124.07 | 181.34 |
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| Daycare or Preschool, 1 month | 686.24 | 537.96 |
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| International Primary School, 1 year | 12,773 | 6,413 |
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