Cost of living
Torshavn compared to Copenhagen
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Overview comparison
TorshavnCopenhagen
Consumer prices in Copenhagen are roughly 40% higher than in Torshavn.
Cost of living
| Item | Torshavn | Copenhagen |
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| Total with rent one person | 1,729 | 2,835 |
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| Total with rent family | 3,826 | 4,824 |
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| Without rent one person | 1,144 | 1,099 |
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| Without rent one family | 3,082 | 3,670 |
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| Rent & Utilities person | 869.93 | 1,404.99 |
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| Rent & Utilities family | 1,365.72 | 2,126.18 |
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| Food person | 734 | 695 |
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| Food family | 1,561 | 2,035 |
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| Transport person | 71.74 | 241.27 |
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| Transport family | 260.08 | 490.36 |
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| Life expectancy | 80.46 years | 82.04 years |
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Eating Out
| Item | Torshavn | Copenhagen |
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| Lunch Menu | 16.77 | 22.87 |
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| Dinner in a Restaurant, for 2 | 150.78 | 111.55 |
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| Fast food meal, equiv. McDonald's | 20.27 | 17.06 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 7.81 | 8.5 |
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| Cappuccino | 5.1 | 7.56 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.72 | 3.59 |
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Rent & Utilities
| Item | Torshavn | Copenhagen |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 747.18 | 1,517.58 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 651.29 | 1,044.22 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,363.08 | 3,695.03 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,515.9 | 2,596.71 |
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| Utility Bill one person, electricity, heating, water, etc. | 66.41 | 131.73 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 85.06 | 223.45 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 51.05 | 32.96 |
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Transportation
| Item | Torshavn | Copenhagen |
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| Local transport ticket | 3.48 | 4.34 |
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| Monthly ticket local transport | 3,590 | 9,690 |
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| Taxi Ride, 8 km or 5 mi | 3,961 | 5,080 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.62 | 2.94 |
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| Mortgage Interest Rate for 20 Years | 69.47% | 97.65% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 26.96 | 31.32 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.38 | 2.12 |
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Groceries
| Item | Torshavn | Copenhagen |
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| Milk, 1 L or 1 qt | 2.05 | 1.73 |
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| Bread, 0.5 kg or 1.1 lb | 3.08 | 3.03 |
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| Eggs, x12 | 4.79 | 4.84 |
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| Cheese, 1 kg or 2.2 lb | 12.35 | 14.79 |
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| Chicken Breast, 1 kg or 2.2 lb | 16.4 | 11.23 |
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| Round Steak, 1 kg or 2.2 lb | 16.13 | 14.04 |
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| Banana, 1 kg or 2.2 lb | 3.19 | 3.06 |
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| Water, 1 L or 1 qt | 1.6 | 1.12 |
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Other
| Item | Torshavn | Copenhagen |
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| Gym Membership, 1 month | 58 | 39.52 |
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| Cinema Ticket, 1 person | 15.68 | 20.55 |
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| Doctors visit | 73.15 | 73.7 |
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| Haircut, simple | 38.37 | 30.11 |
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| Brand Jeans | 114.61 | 133.04 |
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| Brand Sneakers | 181.34 | 120.62 |
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| Daycare or Preschool, 1 month | 537.96 | 561.03 |
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| International Primary School, 1 year | 6,413 | 10,728 |
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