Cost of living
Torshavn compared to Region of Southern Denmark
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Overview comparison
TorshavnRegion of Southern Denmark
Consumer prices in Torshavn are roughly 20% higher than in Region of Southern Denmark.
Cost of living
| Item | Torshavn | Region of Southern Denmark |
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| Total with rent one person | 1,729 | 1,728 |
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| Total with rent family | 3,826 | 4,405 |
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| Without rent one person | 1,144 | 1,045 |
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| Without rent one family | 3,082 | 2,119 |
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| Rent & Utilities person | 869.93 | 526.12 |
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| Rent & Utilities family | 1,365.72 | 1,051.64 |
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| Food person | 734 | 784 |
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| Food family | 1,561 | 1,689 |
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| Transport person | 71.74 | 82.01 |
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| Transport family | 260.08 | 200.26 |
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| Life expectancy | 80.46 years | 65.79 years |
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Eating Out
| Item | Torshavn | Region of Southern Denmark |
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| Lunch Menu | 16.77 | 23.77 |
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| Dinner in a Restaurant, for 2 | 150.78 | 130.77 |
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| Fast food meal, equiv. McDonald's | 20.27 | 17.62 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 7.81 | 6.03 |
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| Cappuccino | 5.1 | 5.24 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.72 | 4.3 |
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Rent & Utilities
| Item | Torshavn | Region of Southern Denmark |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 747.18 | 469.57 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 651.29 | 440.13 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,363.08 | 1,025.57 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,515.9 | 704.7 |
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| Utility Bill one person, electricity, heating, water, etc. | 66.41 | 135.74 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 85.06 | 193.18 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 51.05 | 39 |
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Transportation
| Item | Torshavn | Region of Southern Denmark |
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| Local transport ticket | 3.48 | 4.88 |
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| Monthly ticket local transport | 3,590 | 4,693 |
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| Taxi Ride, 8 km or 5 mi | 3,961 | 2,523 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.62 | 3.02 |
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| Mortgage Interest Rate for 20 Years | 69.47% | 66.91% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 26.96 | 29.4 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.38 | 2.18 |
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Groceries
| Item | Torshavn | Region of Southern Denmark |
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| Milk, 1 L or 1 qt | 2.05 | 2.51 |
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| Bread, 0.5 kg or 1.1 lb | 3.08 | 3.42 |
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| Eggs, x12 | 4.79 | 4.3 |
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| Cheese, 1 kg or 2.2 lb | 12.35 | 11.68 |
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| Chicken Breast, 1 kg or 2.2 lb | 16.4 | 10.52 |
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| Round Steak, 1 kg or 2.2 lb | 16.13 | 15.23 |
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| Banana, 1 kg or 2.2 lb | 3.19 | 2.82 |
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| Water, 1 L or 1 qt | 1.6 | 0.53 |
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Other
| Item | Torshavn | Region of Southern Denmark |
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| Gym Membership, 1 month | 58 | 21.54 |
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| Cinema Ticket, 1 person | 15.68 | 16.8 |
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| Doctors visit | 73.15 | 67.63 |
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| Haircut, simple | 38.37 | 21.91 |
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| Brand Jeans | 114.61 | 121.84 |
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| Brand Sneakers | 181.34 | 112.17 |
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| Daycare or Preschool, 1 month | 537.96 | 285.47 |
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| International Primary School, 1 year | 6,413 | 3,065 |
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