Cost of living
Odense compared to Torshavn
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Overview comparison
OdenseTorshavn
Consumer prices in Odense are roughly 5% higher than in Torshavn.
Cost of living
| Item | Odense | Torshavn |
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| Total with rent one person | 2,018 | 1,729 |
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| Total with rent family | 5,522 | 3,826 |
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| Without rent one person | 1,098 | 1,144 |
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| Without rent one family | 2,251 | 3,082 |
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| Rent & Utilities person | 1,264.67 | 869.93 |
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| Rent & Utilities family | 1,694.1 | 1,365.72 |
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| Food person | 585 | 734 |
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| Food family | 1,760 | 1,561 |
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| Transport person | 72.53 | 71.74 |
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| Transport family | 295.07 | 260.08 |
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| Life expectancy | 68.34 years | 80.46 years |
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Eating Out
| Item | Odense | Torshavn |
|---|
| Lunch Menu | 25.83 | 16.77 |
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| Dinner in a Restaurant, for 2 | 124.46 | 150.78 |
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| Fast food meal, equiv. McDonald's | 16.66 | 20.27 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 7.07 | 7.81 |
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| Cappuccino | 6.16 | 5.1 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 4.17 | 2.72 |
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Rent & Utilities
| Item | Odense | Torshavn |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,054.71 | 747.18 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 755.33 | 651.29 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,831.47 | 1,363.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,930.98 | 1,515.9 |
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| Utility Bill one person, electricity, heating, water, etc. | 142.04 | 66.41 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 258.38 | 85.06 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 33.06 | 51.05 |
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Transportation
| Item | Odense | Torshavn |
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| Local transport ticket | 4.51 | 3.48 |
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| Monthly ticket local transport | 3,742 | 3,590 |
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| Taxi Ride, 8 km or 5 mi | 3,213 | 3,961 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.89 | 3.62 |
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| Mortgage Interest Rate for 20 Years | 55.38% | 69.47% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.51 | 26.96 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.05 | 2.38 |
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Groceries
| Item | Odense | Torshavn |
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| Milk, 1 L or 1 qt | 2.12 | 2.05 |
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| Bread, 0.5 kg or 1.1 lb | 3.44 | 3.08 |
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| Eggs, x12 | 4.66 | 4.79 |
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| Cheese, 1 kg or 2.2 lb | 12.98 | 12.35 |
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| Chicken Breast, 1 kg or 2.2 lb | 9.4 | 16.4 |
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| Round Steak, 1 kg or 2.2 lb | 16.95 | 16.13 |
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| Banana, 1 kg or 2.2 lb | 5.09 | 3.19 |
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| Water, 1 L or 1 qt | 0.96 | 1.6 |
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Other
| Item | Odense | Torshavn |
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| Gym Membership, 1 month | 49.98 | 58 |
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| Cinema Ticket, 1 person | 16.7 | 15.68 |
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| Doctors visit | 64.79 | 73.15 |
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| Haircut, simple | 29.13 | 38.37 |
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| Brand Jeans | 99.86 | 114.61 |
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| Brand Sneakers | 132.37 | 181.34 |
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| Daycare or Preschool, 1 month | 318.53 | 537.96 |
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| International Primary School, 1 year | 4,930 | 6,413 |
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