Cost of living
Naestved compared to Torshavn
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Overview comparison
NaestvedTorshavn
Consumer prices in Naestved are roughly 5% higher than in Torshavn.
Cost of living
| Item | Naestved | Torshavn |
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| Total with rent one person | 2,031 | 1,729 |
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| Total with rent family | 4,768 | 3,826 |
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| Without rent one person | 742 | 1,144 |
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| Without rent one family | 2,516 | 3,082 |
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| Rent & Utilities person | 1,072.45 | 869.93 |
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| Rent & Utilities family | 1,625.96 | 1,365.72 |
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| Food person | 630 | 734 |
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| Food family | 1,501 | 1,561 |
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| Transport person | 77.82 | 71.74 |
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| Transport family | 221.44 | 260.08 |
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| Life expectancy | 69.94 years | 80.46 years |
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Eating Out
| Item | Naestved | Torshavn |
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| Lunch Menu | 17.82 | 16.77 |
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| Dinner in a Restaurant, for 2 | 74.08 | 150.78 |
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| Fast food meal, equiv. McDonald's | 11.62 | 20.27 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 6.63 | 7.81 |
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| Cappuccino | 6.57 | 5.1 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.95 | 2.72 |
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Rent & Utilities
| Item | Naestved | Torshavn |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 825.43 | 747.18 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 865.59 | 651.29 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,347.45 | 1,363.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,864.25 | 1,515.9 |
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| Utility Bill one person, electricity, heating, water, etc. | 145.19 | 66.41 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 206.95 | 85.06 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 31.25 | 51.05 |
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Transportation
| Item | Naestved | Torshavn |
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| Local transport ticket | 4.86 | 3.48 |
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| Monthly ticket local transport | 4,186 | 3,590 |
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| Taxi Ride, 8 km or 5 mi | 3,369 | 3,961 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.19 | 3.62 |
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| Mortgage Interest Rate for 20 Years | 89.43% | 69.47% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.07 | 26.96 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.14 | 2.38 |
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Groceries
| Item | Naestved | Torshavn |
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| Milk, 1 L or 1 qt | 1.99 | 2.05 |
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| Bread, 0.5 kg or 1.1 lb | 2.83 | 3.08 |
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| Eggs, x12 | 3.25 | 4.79 |
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| Cheese, 1 kg or 2.2 lb | 12.08 | 12.35 |
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| Chicken Breast, 1 kg or 2.2 lb | 11.53 | 16.4 |
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| Round Steak, 1 kg or 2.2 lb | 15.28 | 16.13 |
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| Banana, 1 kg or 2.2 lb | 2.61 | 3.19 |
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| Water, 1 L or 1 qt | 0.76 | 1.6 |
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Other
| Item | Naestved | Torshavn |
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| Gym Membership, 1 month | 57.25 | 58 |
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| Cinema Ticket, 1 person | 19.59 | 15.68 |
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| Doctors visit | 80.04 | 73.15 |
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| Haircut, simple | 22.72 | 38.37 |
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| Brand Jeans | 144 | 114.61 |
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| Brand Sneakers | 125.96 | 181.34 |
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| Daycare or Preschool, 1 month | 741.81 | 537.96 |
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| International Primary School, 1 year | 5,661 | 6,413 |
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