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Cost of Living Comparison Between Australia and Faroe Islands Cost of Living Comparison Between Australia and Faroe Islands

🙂 Solo nomad: Australia is 23.3% cheaper than Faroe Islands without rent, and 1.8% cheaper with rent.
🙂 Family of 3: Australia is 36.6% cheaper than Faroe Islands without rent, and 12.6% cheaper with rent.
Currency
🍽 Eating Out
Australia
Faroe Islands
Difference
Meal at Budget Restaurant
$16.57 A$24.86
$21.19 FOK 136
-21.80%
Three-Course Dinner for Two, Mid-Range
$77.7 A$117
$156 FOK 1,003
-50.19%
Fast Food Meal (McDonalds, etc)
$9.88 A$14.82
$20.04 FOK 129
-50.70%
Cappuccino
$3.48 A$5.22
$6.86 FOK 44.10
-49.27%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.56 A$3.84
$3.16 FOK 20.29
-18.99%
Water (0.33 liter bottle)
$2.13 A$3.20
$2.66 FOK 17.11
-19.92%
Local Beer (0.5 liter draught)
$6.62 A$9.93
$9.42 FOK 60.6
-29.72%
Imported Beer (0.33 liter bottle)
$7.31 A$10.97
$9.04 FOK 58.1
-19.14%
🛒 Groceries & Markets
Australia
Faroe Islands
Difference
Milk (1 liter)
$1.51 A$2.26
$2.35 FOK 15.13
-35.74%
White Bread (500g)
$2.49 A$3.74
$4.16 FOK 26.74
-40.14%
Rice (white) (1kg)
$2.07 A$3.10
$3.71 FOK 23.83
-44.20%
Eggs
$4.27 A$6.41
$5.36 FOK 34.49
-20.34%
Local Cheese (1kg)
$8.73 A$13.10
$14.75 FOK 94.8
-40.81%
Chicken Fillets (1kg)
$8.25 A$12.38
$14.51 FOK 93.3
-43.14%
Beef Round Steak (1kg)
$14.17 A$21.26
$27.52 FOK 177
-48.51%
Apples (1kg)
$3.27 A$4.90
$2.67 FOK 17.14
22.47%
Banana (1kg)
$2.68 A$4.02
$2.61 FOK 16.75
2.68%
Oranges (1kg)
$2.89 A$4.34
$3.15 FOK 20.28
-8.25%
Tomato (1kg)
$4.28 A$6.42
$2.44 FOK 15.68
75.41%
Potato (1kg)
$2.47 A$3.70
$2.61 FOK 16.76
-5.36%
Onion (1kg)
$2.11 A$3.16
$3.24 FOK 20.81
-34.88%
Lettuce (1 head)
$2.30 A$3.44
$2.51 FOK 16.14
-8.37%
Water (1.5 liter bottle)
$1.50 A$2.24
$3.42 FOK 21.98
-56.14%
Cigarettes 20 Pack (Marlboro, Camel)
$31.81 A$47.72
$10.75 FOK 69.1
195.91%
Wine (Bottle)
$13.45 A$20.17
$12.41 FOK 79.8
8.38%
Local Beer (0.5 liter bottle)
$4.48 A$6.72
$2.23 FOK 14.33
100.90%
Imported Beer (0.33 liter bottle)
$5.01 A$7.51
$3.03 FOK 19.51
65.35%
🚌 Getting Around
Australia
Faroe Islands
Difference
One-way Ticket (Public Transport)
$2.91 A$4.37
-
-
Public Transport Monthly Pass (Regular Price)
$97.0 A$146
-
-
Taxi Start (Normal Tariff)
$3.67 A$5.51
$11.83 FOK 76.1
-68.98%
Taxi (Normal Tariff) (1km)
$1.81 A$2.71
-
-
Taxi 1hour Waiting (Normal Tariff)
$38.37 A$57.6
$51.5 FOK 331
-25.54%
Gasoline (1 liter)
$1.20 A$1.79
$2.01 FOK 12.94
-40.30%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.1K A$43.6K
$40.5K FOK 260.4K
-28.22%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.7K A$34.1K
$52.2K FOK 335.6K
-56.43%
🧾 Monthly Utilities & Internet
Australia
Faroe Islands
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$175 A$262
$142 FOK 910
23.57%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.26 A$39.39
$39.81 FOK 256
-34.04%
Internet (50+ Mbps, Unlimited Data)
$53.0 A$79.5
$64.3 FOK 413
-17.59%
🎉 Sport & Entertainment
Australia
Faroe Islands
Difference
Gym Membership (Monthly)
$47.12 A$70.7
$50.3 FOK 323
-6.23%
Tennis Court (1 Hour on Weekend)
$16.51 A$24.77
-
-
Cinema Ticket
$13.57 A$20.35
$16.91 FOK 109
-19.75%
🧸 Childcare & Education
Australia
Faroe Islands
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,588 A$2,382
$422 FOK 2,712
276.47%
International Primary School, 1 Child (Yearly)
$12.5K A$18.8K
-
-
👕👟 Clothing & Footwear
Australia
Faroe Islands
Difference
Jeans (Levis 501 Or Similar)
$69.7 A$105
$143 FOK 919
-51.20%
Summer Dress (H&M, Zara, etc)
$50.7 A$76.0
$63.2 FOK 406
-19.83%
Sport Shoes (Adidas, Nike)
$102 A$153
$158 FOK 1,013
-35.23%
Men's Leather Business Shoes
$109 A$163
$221 FOK 1,418
-50.59%
🏠 Accommodation & Living
Australia
Faroe Islands
Difference
1-bedroom Apartment, City Center (Monthly)
$1,370 A$2,055
$1,032 FOK 6,638
32.69%
1-bedroom Apartment, Outside City Center (Monthly)
$1,076 A$1,613
$875 FOK 5,627
22.90%
3-bedroom Apartment, City Center (Monthly)
$2,270 A$3,404
$1,885 FOK 12.1K
20.40%
3-bedroom Apartment, Outside City Center (Monthly)
$1,772 A$2,658
$1,368 FOK 8,793
29.56%
Buy Apartment in City Center (m2)
$7,081 A$10.6K
$3,661 FOK 23.5K
93.39%
Buy Apartment Outside City Center (m2)
$5,392 A$8,088
$4,766 FOK 30.6K
13.13%
💵 Salaries & Financials
Australia
Faroe Islands
Difference
Average Monthly Net Salary (After Tax)
$3,742 A$5,614
$2,351 FOK 15.1K
59.16%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.35
2.99
112.37%

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

Last update for Australia: January 10, 2026

Last update for Faroe Islands: January 12, 2026

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