Cost of living
Ringkobing compared to Torshavn
🏛️
Overview comparison
RingkobingTorshavn
Consumer prices in Ringkobing are roughly 27% higher than in Torshavn.
Cost of living
| Item | Ringkobing | Torshavn |
|---|
| Total with rent one person | 1,789 | 1,729 |
|---|
| Total with rent family | 5,505 | 3,826 |
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| Without rent one person | 1,003 | 1,144 |
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| Without rent one family | 3,015 | 3,082 |
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| Rent & Utilities person | 1,187.88 | 869.93 |
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| Rent & Utilities family | 2,088.2 | 1,365.72 |
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| Food person | 694 | 734 |
|---|
| Food family | 1,891 | 1,561 |
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| Transport person | 87.02 | 71.74 |
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| Transport family | 214.05 | 260.08 |
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| Life expectancy | 68.56 years | 80.46 years |
|---|
Eating Out
| Item | Ringkobing | Torshavn |
|---|
| Lunch Menu | 14.64 | 16.77 |
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| Dinner in a Restaurant, for 2 | 114.61 | 150.78 |
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| Fast food meal, equiv. McDonald's | 18.73 | 20.27 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 11.04 | 7.81 |
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| Cappuccino | 5.43 | 5.1 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 3.09 | 2.72 |
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Rent & Utilities
| Item | Ringkobing | Torshavn |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,098.77 | 747.18 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 727.51 | 651.29 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,292.7 | 1,363.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,689.46 | 1,515.9 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 149.67 | 66.41 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 239.41 | 85.06 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 156.77 | 51.05 |
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Transportation
| Item | Ringkobing | Torshavn |
|---|
| Local transport ticket | 4.43 | 3.48 |
|---|
| Monthly ticket local transport | 3,024 | 3,590 |
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| Taxi Ride, 8 km or 5 mi | 10,056 | 3,961 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.71 | 3.62 |
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| Mortgage Interest Rate for 20 Years | 80.38% | 69.47% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 29.04 | 26.96 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.81 | 2.38 |
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Groceries
| Item | Ringkobing | Torshavn |
|---|
| Milk, 1 L or 1 qt | 2.37 | 2.05 |
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| Bread, 0.5 kg or 1.1 lb | 3.5 | 3.08 |
|---|
| Eggs, x12 | 5.18 | 4.79 |
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| Cheese, 1 kg or 2.2 lb | 13.87 | 12.35 |
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| Chicken Breast, 1 kg or 2.2 lb | 19.06 | 16.4 |
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| Round Steak, 1 kg or 2.2 lb | 15.61 | 16.13 |
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| Banana, 1 kg or 2.2 lb | 4.48 | 3.19 |
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| Water, 1 L or 1 qt | 1.58 | 1.6 |
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Other
| Item | Ringkobing | Torshavn |
|---|
| Gym Membership, 1 month | 50.83 | 58 |
|---|
| Cinema Ticket, 1 person | 19.93 | 15.68 |
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| Doctors visit | 38.12 | 73.15 |
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| Haircut, simple | 50.54 | 38.37 |
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| Brand Jeans | 81.01 | 114.61 |
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| Brand Sneakers | 88.51 | 181.34 |
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| Daycare or Preschool, 1 month | 629.82 | 537.96 |
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| International Primary School, 1 year | 7,982 | 6,413 |
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