Cost of Living in

Faroe Islands

HiraCost
Cost of living
One person
Family of 4
Total with rent $419 $1084
Without rent $270 $825
Rent & Utilities $158 $404
Food $148 $289
Transport $54 $118
Monthly salary after tax $122
Quality of life 32.51
Human freedom index 6
Life expectancy 43
English speaking % 11%
Population 209.9K

The cost of living in Faroe Islands is $419 which is 2.5 times less expensive than the world average. Faroe Islands is ranked 198th out of 208 countries by cost of living .

The average salary after taxes in Faroe Islands is $122 which is enough to cover living expenses for 0.3 months.

Faroe Islands
We calculate prices for Faroe Islands as a population-weighted mean of 28 cities. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.
Cost of living
One person
Rank
Total with rent $419 198 / 208
Without rent $270 195 / 208
Rent & Utilities $158 199 / 208
Food $148 205 / 208
Transport $54 131 / 208
Rent & Utilities
1 bedroom apartment in city Center, 40 m2 or 430 ft2 262$
Cheap 1 bedroom apartment, 40 m2 or 430 ft2 61$
3 bedroom apartment in city Center, 80 m2 or 860 ft2 353$
Cheap 3 bedroom apartment, 80 m2 or 860 ft2 295$
Utility Bill one person, electricity, heating, water, etc. 20$
Utility Bill for a Family, electricity, heating, water, etc. 31$
Internet plan, 50 Mbps+ 1 month unlimited 48$
Mortgage Interest Rate for 20 Years 10$
Apartment price to Buy in city Center, 1 m2 or 10 ft2 530$
House price to Buy in Suburbs, 1 m2 or 10 ft2 351$
Eating Out
Lunch Menu 2$
Dinner in a Restaurant, for 2 14$
Fast food meal, equiv. McDonald's 3$
Beer in a Pub, 0.5 L or 16 fl oz 1$
Cappuccino 1$
Pepsi / Coke, 0.5 L or 16.9 fl oz 1$
Transportation
Monthly ticket local transport 6$
Taxi Ride, 8 km or 5 mi 9$
Gas / Petrol, 1 L or 0.26 gal 1$
Groceries
Milk, 1 L or 1 qt 1$
Bread, 0.5 kg or 1.1 lb 1$
Rice, 1 kg or 2.2 lb 1$
Eggs, x12 2$
Cheese, 1 kg or 2.2 lb 7$
Chicken Breast, 1 kg or 2.2 lb 4$
Round Steak, 1 kg or 2.2 lb 4$
Apples, 1 kg or 2.2 lb 1$
Oranges, 1 kg or 2.2 lb 1$
Tomato, 1 kg or 2.2 lb 1$
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1$
Wine (mid-priced), 750 mL bottle 4$
Beer, 0.5 L or 16 fl oz 1$
Cigarette pack 2$
Cold medicince, 1 week 1$
Hair Shampoo 2$
Toilet paper, 4 rolls 1$
Toothpaste, 1 tube 1$
Other
Gym Membership, 1 month 34$
Cinema Ticket, 1 person 4$
Doctor's visit 11$
Haircut, simple 2$
Brand Jeans 17$
Brand Sneakers 70$
Daycare or Preschool, 1 month 91$
International Primary School, 1 year 10566$
Cost of living in other countries
Author: Editor: License: CC BY-SA 3.0 ID: ISO 3166-1 or "_[a-zA-Z]" if an ISO code is not available

States ranked from the most expensive to the cheapest ones

Rank
State
Cost of living
1Sandoy
$2664
2Nordoyar
$2580
3Sudurstreymoy
$2552
4Vagar
$2424
5Eysturoy
$2346
6Suduroy
$2187
7Streymoy
$1810
8Monaco
$7654
9Sydney
$2923
10Lindon
$2861
11Northern Territory
$2673
12Melbourne (Australia)
$2651
13Perth
$2533
14South Australia
$2493
15Brisbane
$2453
16Tasmania (Australia)
$2437
17Parramatta
$2249
18Western Australia
$2246
19Bunbury
$2225
20Feldkirch
$2217
21Adelaide (Australia)
$2212
22Queensland
$2198
23Southport (Australia)
$2187
24Berri
$2119
25Canberra
$2110
26Berwick (Australia)
$2104
27Launceston
$2104
28Ayr
$2084
29Geelong
$2082
30Coffs Harbour
$2045
31Peterborough
$2043
32Tarneit
$2040
33Ararat (Australia)
$2025
34Hobart (Australia)
$2014
35Innsbruck
$2008
36Sunshine Coast
$1991
37Sunbury (Australia)
$1966
38Graz
$1948
39Ipswich (Australia)
$1942
40Port Macquarie
$1927
41Rutherford (Australia)
$1919
42Pakenham
$1915
43Shepparton
$1895
44Klosterneuburg
$1885
45Geraldton
$1882
46Gold Coast
$1871
47Leonding
$1852
48Ormeau
$1842
49Bundaberg
$1820
50Darwin
$1781
51Gisborne (Australia)
$1781
52Clare
$1773
53Kingston (Australia)
$1760
54Lara (Australia)
$1751
55Bregenz
$1744
56Toowoomba
$1728
57Richmond (Australia)
$1725
58Dornbirn
$1717
59Leopold
$1710
60Modling
$1709
61Melton
$1687
62Hallein
$1681
63Linz
$1674
64Frankston
$1673
65Bathurst
$1670
66Hervey Bay
$1670
67Newcastle (Australia)
$1657
68Krems an der Donau
$1649
69Dubbo
$1647
70New South Wales
$1636
71Rockhampton
$1632
72Morawa
$1620
73Mildura
$1614
74Kapfenberg
$1597
75Australian Capital Territory
$1589
76Ganserndorf
$1588
77Blacktown
$1584
78Amstetten
$1582
79Albany
$1567
80Gladstone
$1554
81Hoppers Crossing
$1543
82Lower Austria
$1543
83Kalgoorlie
$1538
84Burgenland
$1527
85Cairns
$1516
86Dandenong
$1500
87Scottsdale
$1496
88Baden bei Wien
$1492
89Lustenau
$1490
90Klagenfurt
$1483
91Armavir
$1451
92Caloundra
$1445
93Yerevan
$1436
94Scone
$1428
95Vayots Dzor
$1420
96Wollongong
$1413
97Ballarat
$1411
98Carinthia (Austria)
$1408
99Orange (Australia)
$1381
100Wagga Wagga
$1362
101Korneuburg
$1359
102Kotayk
$1351
103Leoben
$1324
104Panama
$1234
105Ashtarak
$1232
106Bendigo
$1225
107Tashir
$1179
108Baden (Austria)
$1150
109Masis
$1116
110Shirak
$1093
111Townsville
$1089
112Kapan
$926
113Vanadzor
$913
114Goris
$887
115Guatemala
$876
116Bono East
$841
117Spitak
$824
118Gegharkunik
$799
119Gyumri
$726
120Djibouti
$666
121Tavush
$647
122Gemena
$644
123Syunik
$628
124Lori
$583
125Ontario (Australia)
$481
126Victoria (Australia)
$412

Faroe Islands VS

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