Cost of Living Comparison Between Amsterdam and Torshavn Cost of Living Comparison Between Amsterdam and Torshavn

Monthly Cost of Living

A single person spends $3,543 per month in Amsterdam vs $2,255 in Torshavn, rent included.

A couple spends around $5,055 per month in Amsterdam vs $3,581 in Torshavn, rent included.

A family of three spends $6,567 per month in Amsterdam vs $4,908 in Torshavn, rent included.

Amsterdam costs about 57% more than Torshavn, driven mainly by Getting Around.

Both Amsterdam and Torshavn sit above the global median – Amsterdam by 164%, Torshavn by 68%.

Meal at Budget Restaurant

$22.95 €19.75

$22.87 FOK 147

0.35%

Three-Course Dinner for Two, Mid-Range

$109 €93.9

$140 FOK 895

-21.82%

Fast Food Meal (McDonalds, etc)

$14.93 €12.84

$19.96 FOK 128

-25.20%

Cappuccino

$4.98 €4.29

$6.96 FOK 44.60

-28.45%

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

$3.38 €2.91

$3.28 FOK 21.01

3.05%

Water (0.33 liter bottle)

$3.29 €2.83

$2.61 FOK 16.73

26.05%

Local Beer (0.5 liter draught)

$6.91 €5.95

$9.50 FOK 60.9

-27.26%

Imported Beer (0.33 liter bottle)

$6.88 €5.92

$8.32 FOK 53.4

-17.31%

Milk (1 liter)

$1.47 €1.26

$2.33 FOK 14.94

-36.91%

White Bread (500g)

$2.45 €2.11

$3.92 FOK 25.15

-37.50%

Rice (white) (1kg)

$2.59 €2.23

$1.92 FOK 12.28

34.90%

Eggs

$5.30 €4.56

$5.62 FOK 36.02

-5.69%

Local Cheese (1kg)

$14.77 €12.71

$12.55 FOK 80.4

17.69%

Chicken Fillets (1kg)

$14.48 €12.45

$14.06 FOK 90.1

2.99%

Beef Round Steak (1kg)

$16.57 €14.25

Apples (1kg)

$2.82 €2.43

$2.38 FOK 15.25

18.49%

Banana (1kg)

$2.55 €2.20

$2.85 FOK 18.25

-10.53%

Oranges (1kg)

$2.20 €1.90

$3.04 FOK 19.49

-27.63%

Tomato (1kg)

$4.88 €4.19

$1.90 FOK 12.21

156.84%

Potato (1kg)

$2.04 €1.75

$2.82 FOK 18.10

-27.66%

Onion (1kg)

$2.09 €1.80

$3.38 FOK 21.68

-38.17%

Lettuce (1 head)

$1.36 €1.17

$2.55 FOK 16.33

-46.67%

Water (1.5 liter bottle)

$1.16 €1.00

$2.76 FOK 17.72

-57.97%

Cigarettes 20 Pack (Marlboro, Camel)

$14.36 €12.35

$11.00 FOK 70.5

30.55%

Wine (Bottle)

$7.52 €6.47

$12.43 FOK 79.7

-39.50%

Local Beer (0.5 liter bottle)

$1.76 €1.51

$2.12 FOK 13.62

-16.98%

Imported Beer (0.33 liter bottle)

$3.08 €2.65

$3.07 FOK 19.67

0.33%

One-way Ticket (Public Transport)

$3.90 €3.36

Public Transport Monthly Pass (Regular Price)

$118 €101

Taxi Start (Normal Tariff)

$4.77 €4.11

$12.19 FOK 78.2

-60.87%

Taxi (Normal Tariff) (1km)

$3.02 €2.59

Taxi 1hour Waiting (Normal Tariff)

$65.2 €56.0

Gasoline (1 liter)

$2.29 €1.97

$2.13 FOK 13.65

7.51%

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

$43.5K €37.4K

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

$38.7K €33.3K

$55.8K FOK 357.8K

-30.73%

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

$304 €261

$133 FOK 855

127.92%

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

$21.92 €18.85

$40.45 FOK 259

-45.81%

Internet (50+ Mbps, Unlimited Data)

$52.1 €44.83

$66.0 FOK 423

-21.01%

Gym Membership (Monthly)

$63.6 €54.7

$41.14 FOK 264

54.50%

Tennis Court (1 Hour on Weekend)

$39.68 €34.13

Cinema Ticket

$17.14 €14.74

$16.61 FOK 106

3.19%

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

$2,862 €2,462

$548 FOK 3,512

422.37%

International Primary School, 1 Child (Yearly)

$21.0K €18.1K

Jeans (Levis 501 Or Similar)

$102 €87.5

$150 FOK 963

-32.33%

Summer Dress (H&M, Zara, etc)

$49.40 €42.49

$60.8 FOK 390

-18.79%

Sport Shoes (Adidas, Nike)

$122 €105

$166 FOK 1,065

-26.55%

Men's Leather Business Shoes

$137 €118

$224 FOK 1,434

-38.67%

1-bedroom Apartment, City Center (Monthly)

$2,380 €2,047

$1,124 FOK 7,204

111.76%

1-bedroom Apartment, Outside City Center (Monthly)

$1,959 €1,685

$918 FOK 5,885

113.40%

3-bedroom Apartment, City Center (Monthly)

$4,236 €3,644

$1,964 FOK 12.6K

115.69%

3-bedroom Apartment, Outside City Center (Monthly)

$3,031 €2,608

$1,494 FOK 9,579

102.85%

Buy Apartment in City Center (m2)

$11.1K €9,569

$4,817 FOK 30.9K

130.93%

Buy Apartment Outside City Center (m2)

$7,621 €6,556

$4,870 FOK 31.2K

56.49%

Average Monthly Net Salary (After Tax)

$4,906 €4,220

$2,376 FOK 15.2K

106.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.02

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

Last update for Amsterdam: June 1, 2026

Last update for Torshavn: May 31, 2026

Cost Breakdown

A central one-bedroom costs $2,380 in Amsterdam versus $1,124 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 106% 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 $109 in Amsterdam versus $140 in Torshavn. Groceries tell a different story – $359 in Amsterdam vs $352 in Torshavn – so Torshavn wins on supermarket bills even if dining out costs more.

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 57%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $5,314 per month in Amsterdam and $3,382 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.

A mid-range dinner for two costs $109 in Amsterdam and $140 in Torshavn. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 2% more in Amsterdam, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$3,000 is a stretch for both – monthly costs hit $3,543 in Amsterdam and $2,255 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.