Last update: Oct 2026

Cost of Living Comparison Between Amsterdam and Torshavn

For one person, living is cheaper in Torshavn: $2,504 a month against $3,465 in Amsterdam, rent and utilities included – about $11,500 less a year. Higher rent and utilities in Amsterdam outweigh lower spending on other living expenses.

168

Cost of Living Index in Amsterdam
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Amsterdam Living Index
122

Cost of Living Index in Torshavn
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Torshavn Living Index

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Amsterdam

🇳🇱 Netherlands

$3,465

/mo nomad

Torshavn

🇫🇴 Faroe Islands

$2,504

/mo nomad

Monthly Cost of Living

How much you'll spend in Amsterdam and in Torshavn

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Amsterdam and in Torshavn actually costs, broken down by who's living it.

A single person spends $3,465 per month in Amsterdam vs $2,504 in Torshavn, rent included.

Amsterdam $3,465
Torshavn $2,504

A couple spends around $4,929 per month in Amsterdam vs $3,918 in Torshavn, rent included.

Amsterdam $4,929
Torshavn $3,918

A family of three spends $6,393 per month in Amsterdam vs $5,331 in Torshavn, rent included.

Amsterdam $6,393
Torshavn $5,331

Amsterdam costs about 38% more than Torshavn, and outside of rent the biggest gap is in groceries.

Both Amsterdam and Torshavn sit above the global median – Amsterdam by 157%, Torshavn by 86%.

Meal at Budget Restaurant

$22.10 €19.66

$26.03 FOK 173

-15.10%

Three-Course Dinner for Two, Mid-Range

$90.0 €80.0

$147 FOK 975

-38.64%

Fast Food Meal (McDonalds, etc)

$15.32 €13.63

$19.59 FOK 130

-21.80%

Cappuccino

$4.58 €4.07

$7.02 FOK 46.67

-34.76%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.70 €3.29

$3.27 FOK 21.77

13.15%

Water (0.33 liter bottle)

$2.98 €2.65

$2.68 FOK 17.80

11.19%

Local Beer (0.5 liter draught)

$7.38 €6.56

$9.26 FOK 61.6

-20.30%

Imported Beer (0.33 liter bottle)

$5.73 €5.10

$8.87 FOK 59.0

-35.40%

Milk (1 liter)

$1.57 €1.40

$2.22 FOK 14.76

-29.28%

White Bread (500g)

$2.30 €2.04

$4.81 FOK 32.00

-52.18%

Rice (white) (1kg)

$2.51 €2.23

$3.03 FOK 20.12

-17.16%

Eggs

$5.07 €4.51

$6.49 FOK 43.15

-21.88%

Local Cheese (1kg)

$16.73 €14.88

$16.36 FOK 109

2.26%

Chicken Fillets (1kg)

$13.11 €11.66

$14.30 FOK 95.1

-8.32%

Beef Round Steak (1kg)

$22.79 €20.28

$17.71 FOK 118

28.68%

Apples (1kg)

$2.73 €2.43

$3.96 FOK 26.34

-31.06%

Banana (1kg)

$2.76 €2.46

$5.41 FOK 35.96

-48.98%

Oranges (1kg)

$2.74 €2.44

$6.07 FOK 40.37

-54.86%

Tomato (1kg)

$3.78 €3.37

$5.19 FOK 34.49

-27.17%

Potato (1kg)

$2.38 €2.11

$3.56 FOK 23.69

-33.15%

Onion (1kg)

$1.61 €1.43

$4.50 FOK 29.95

-64.22%

Lettuce (1 head)

$1.46 €1.30

$3.35 FOK 22.27

-56.42%

Water (1.5 liter bottle)

$1.77 €1.58

$3.83 FOK 25.46

-53.79%

Cigarettes 20 Pack (Marlboro, Camel)

$14.52 €12.92

$11.06 FOK 73.6

31.28%

Wine (Bottle)

$9.10 €8.09

$13.63 FOK 90.7

-33.24%

Local Beer (0.5 liter bottle)

$1.79 €1.59

$4.18 FOK 27.80

-57.18%

Imported Beer (0.33 liter bottle)

$2.43 €2.16

$3.04 FOK 20.24

-20.07%

One-way Ticket (Public Transport)

$3.69 €3.29

Public Transport Monthly Pass (Regular Price)

$112 €100

$29.71 FOK 198

278.63%

Taxi Start (Normal Tariff)

$4.51 €4.01

$14.86 FOK 98.8

-69.65%

Taxi (Normal Tariff) (1km)

$3.44 €3.06

Taxi 1hour Waiting (Normal Tariff)

$39.71 €35.32

Gasoline (1 liter)

$2.63 €2.34

$1.78 FOK 11.83

47.75%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$41.3K €36.7K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$39.4K €35.1K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$295 €262

$126 FOK 836

134.41%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$22.26 €19.80

$42.61 FOK 283

-47.76%

Internet (50+ Mbps, Unlimited Data)

$51.1 €45.46

$88.7 FOK 590

-42.40%

Gym Membership (Monthly)

$59.9 €53.3

$55.8 FOK 371

7.44%

Tennis Court (1 Hour on Weekend)

$35.44 €31.52

Cinema Ticket

$16.82 €14.96

$16.28 FOK 108

3.32%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,826 €2,513

$481 FOK 3,196

487.97%

International Primary School, 1 Child (Yearly)

$17.1K €15.2K

Jeans (Levis 501 Or Similar)

$92.5 €82.3

$137 FOK 913

-32.60%

Summer Dress (H&M, Zara, etc)

$41.61 €37.01

$60.0 FOK 399

-30.64%

Sport Shoes (Adidas, Nike)

$97.6 €86.9

$164 FOK 1,088

-40.34%

Men's Leather Business Shoes

$132 €117

$244 FOK 1,624

-45.98%

1-bedroom Apartment, City Center (Monthly)

$2,575 €2,290

$1,102 FOK 7,325

133.76%

1-bedroom Apartment, Outside City Center (Monthly)

$1,955 €1,739

$885 FOK 5,887

120.86%

3-bedroom Apartment, City Center (Monthly)

$3,997 €3,555

$1,896 FOK 12.6K

110.84%

3-bedroom Apartment, Outside City Center (Monthly)

$3,053 €2,716

$1,356 FOK 9,015

125.20%

Buy Apartment in City Center (m2)

$10.4K €9,222

$4,620 FOK 30.7K

124.42%

Buy Apartment Outside City Center (m2)

$6,494 €5,776

$4,573 FOK 30.4K

42.00%

Average Monthly Net Salary (After Tax)

$4,692 €4,174

$3,246 FOK 21.6K

44.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.27

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Amsterdam: October 12, 2026

Last update for Torshavn: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Amsterdam

$2K 56.4%

Torshavn

$885 35.3% 54.7% $1.1K

Groceries & Markets

Amsterdam

$383 11%

Torshavn

$518 20.7% 35.3% $135

Monthly Utilities & Internet

Amsterdam

$368 10.6%

Torshavn

$257 10.3% 30.2% $111

Eating Out

Amsterdam

$353 10.2%

Torshavn

$439 17.5% 24.5% $86

Clothing & Footwear

Amsterdam

$164 4.7%

Torshavn

$272 10.9% 66.4% $109

Getting Around

Amsterdam

$149 4.3%

Torshavn

$45 * 1.8% 70.1% $104

Sport & Entertainment

Amsterdam

$94 2.7%

Torshavn

$88 3.5% 5.6% $5.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $2,575 in Amsterdam versus $1,102 in Torshavn. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 45% higher in Amsterdam, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $90.0 in Amsterdam versus $147 in Torshavn. Monthly groceries follow the same trend: $383 vs $518 – making Amsterdam the more affordable choice for daily food spending.

Good to know

🇳🇱 Amsterdam

🇫🇴 Torshavn

🕒 Local time

09:21 9:21 AM

08:21 8:21 AM

1 h behind Amsterdam

🌤 Weather

👥 Population

881,933 Capital

14,145 Capital

💱 Currency

Euro EUR €

Faroese Króna FOK kr

📈 Exchange rate

1 EUR = 1.12 USD

1 FOK = 0.15 USD

1 FOK = 0.134 EUR

Exchange rates and currency converter

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Between locations

Amsterdam Torshavn 1,280 km ≈ 2 h nonstop flight

From you

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Amsterdam vs Torshavn: Cost of Living - Frequently Asked Questions

Yes – Amsterdam is pricier by about 38%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $5,197 per month in Amsterdam and $3,757 in Torshavn. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Torshavn, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 279% less in Torshavn. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $2,826 per month in Amsterdam and $481 in Torshavn. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 is a stretch for both – monthly costs hit $3,465 in Amsterdam and $2,504 in Torshavn. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Torshavn – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Torshavn. If higher salaries, better infrastructure, or specific career opportunities are the priority, Amsterdam makes more sense. Both are solid long-term options with distinct trade-offs.