Madrid
🇪🇸 Spain
112
Cost of Living Index in Madrid
Learn more Last update: Oct 2026
Cost of Living Comparison Between Barcelona and the Faroe Islands
For one person, living is cheaper in Barcelona: $2,405 a month against $2,583 in the Faroe Islands, rent and utilities included – about $2,100 less a year. The total is higher in the Faroe Islands despite lower rent and utilities.
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🙂 Solo nomad: Barcelona is 36.5% cheaper than the Faroe Islands without rent, and 6.9% cheaper with rent.
🙂 Family of 3: Barcelona is 46.2% cheaper than the Faroe Islands without rent, and 16.5% cheaper with rent.
🍽 Eating Out
Barcelona
Faroe Islands
Difference
Meal at Budget Restaurant
$17.98 €16.05
$30.20 FOK 202
-40.46%
Three-Course Dinner for Two, Mid-Range
$67.4 €60.2
$148 FOK 989
-54.48%
Fast Food Meal (McDonalds, etc)
$13.37 €11.93
$20.09 FOK 134
-33.45%
Cappuccino
$3.34 €2.98
$6.50 FOK 43.44
-48.62%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.95 €2.64
$2.97 FOK 19.86
-0.67%
Water (0.33 liter bottle)
$1.90 €1.69
$2.20 FOK 14.71
-13.64%
Local Beer (0.5 liter draught)
$3.88 €3.46
$9.25 FOK 61.8
-58.05%
Imported Beer (0.33 liter bottle)
$4.57 €4.08
$8.94 FOK 59.8
-48.88%
🛒 Groceries & Markets
Barcelona
Faroe Islands
Difference
Milk (1 liter)
$1.27 €1.13
$2.30 FOK 15.39
-44.78%
White Bread (500g)
$1.96 €1.75
$7.07 FOK 47.25
-72.28%
Rice (white) (1kg)
$1.75 €1.56
$4.25 FOK 28.39
-58.82%
Eggs
$4.89 €4.36
$6.48 FOK 43.30
-24.54%
Local Cheese (1kg)
$17.47 €15.59
$16.30 FOK 109
7.18%
Chicken Fillets (1kg)
$9.06 €8.09
$14.33 FOK 95.7
-36.78%
Beef Round Steak (1kg)
$20.18 €18.01
$18.20 FOK 122
10.88%
Apples (1kg)
$3.08 €2.75
$4.16 FOK 27.77
-25.96%
Banana (1kg)
$2.03 €1.81
$5.45 FOK 36.40
-62.75%
Oranges (1kg)
$2.60 €2.32
$6.18 FOK 41.30
-57.93%
Tomato (1kg)
$2.71 €2.42
$5.15 FOK 34.40
-47.38%
Potato (1kg)
$2.15 €1.92
$3.60 FOK 24.06
-40.28%
Onion (1kg)
$2.21 €1.97
$4.51 FOK 30.15
-51.00%
Lettuce (1 head)
$1.54 €1.38
$3.38 FOK 22.58
-54.44%
Water (1.5 liter bottle)
$0.93 €0.83
$3.82 FOK 25.52
-75.65%
Cigarettes 20 Pack (Marlboro, Camel)
$7.09 €6.32
$10.69 FOK 71.4
-33.68%
Wine (Bottle)
$7.63 €6.81
$12.97 FOK 86.6
-41.17%
Local Beer (0.5 liter bottle)
$1.49 €1.33
$3.12 FOK 20.81
-52.24%
Imported Beer (0.33 liter bottle)
$2.73 €2.43
$2.38 FOK 15.88
14.71%
🚌 Getting Around
Barcelona
Faroe Islands
Difference
One-way Ticket (Public Transport)
$2.95 €2.63
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Public Transport Monthly Pass (Regular Price)
$25.91 €23.13
$30.06 FOK 201
-13.81%
Taxi Start (Normal Tariff)
$3.13 €2.80
$12.20 FOK 81.5
-74.34%
Taxi (Normal Tariff) (1km)
$1.45 €1.29
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Taxi 1hour Waiting (Normal Tariff)
$34.17 €30.49
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Gasoline (1 liter)
$1.79 €1.60
$1.76 FOK 11.77
1.70%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.7K €31.0K
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Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.3K €27.0K
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🧾 Monthly Utilities & Internet
Barcelona
Faroe Islands
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$181 €161
$127 FOK 846
42.65%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.56 €12.10
$44.12 FOK 295
-69.27%
Internet (50+ Mbps, Unlimited Data)
$35.12 €31.34
$79.0 FOK 528
-55.56%
🎉 Sport & Entertainment
Barcelona
Faroe Islands
Difference
Gym Membership (Monthly)
$53.2 €47.44
$51.4 FOK 343
3.52%
Tennis Court (1 Hour on Weekend)
$16.05 €14.33
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Cinema Ticket
$11.37 €10.14
$15.69 FOK 105
-27.53%
🧸 Childcare & Education
Barcelona
Faroe Islands
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$939 €838
$489 FOK 3,269
91.84%
International Primary School, 1 Child (Yearly)
$16.5K €14.7K
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👕👟 Clothing & Footwear
Barcelona
Faroe Islands
Difference
Jeans (Levis 501 Or Similar)
$88.2 €78.7
$141 FOK 939
-37.27%
Summer Dress (H&M, Zara, etc)
$39.77 €35.49
$60.9 FOK 407
-34.70%
Sport Shoes (Adidas, Nike)
$103 €92.3
$170 FOK 1,135
-39.18%
Men's Leather Business Shoes
$119 €107
$243 FOK 1,626
-50.91%
🏠 Accommodation & Living
Barcelona
Faroe Islands
Difference
1-bedroom Apartment, City Center (Monthly)
$1,695 €1,513
$1,073 FOK 7,168
58.01%
1-bedroom Apartment, Outside City Center (Monthly)
$1,301 €1,161
$891 FOK 5,955
45.89%
3-bedroom Apartment, City Center (Monthly)
$2,576 €2,299
$1,905 FOK 12.7K
35.19%
3-bedroom Apartment, Outside City Center (Monthly)
$1,941 €1,732
$1,384 FOK 9,248
40.21%
Buy Apartment in City Center (m2)
$7,470 €6,666
$4,528 FOK 30.3K
64.96%
Buy Apartment Outside City Center (m2)
$5,195 €4,636
$4,667 FOK 31.2K
11.30%
💵 Salaries & Financials
Barcelona
Faroe Islands
Difference
Average Monthly Net Salary (After Tax)
$2,299 €2,052
$2,274 FOK 15.2K
1.14%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.28
0
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CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Barcelona: October 4, 2026
Last update for the Faroe Islands: October 4, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Accommodation & Living
Barcelona $1.3K 54%
Faroe Islands $892 35% 31.5% $409
Groceries & Markets
Barcelona $325 13.5%
Faroe Islands $541 21.2% 66.6% $216
Eating Out
Barcelona $272 11.3%
Faroe Islands $465 18.2% 70.9% $193
Monthly Utilities & Internet
Barcelona $229 9.5%
Faroe Islands $250 9.8% 8.9% $20
Clothing & Footwear
Barcelona $158 6.6%
Faroe Islands $277 10.9% 75.3% $119
Sport & Entertainment
Barcelona $76 3.2%
Faroe Islands $83 3.3% 9% $6.8
Getting Around
Barcelona $48 2%
Faroe Islands $42 * 1.7% 12.1% $5.8
Categories marked with * are only partly priced – their share counts the items that do have prices.
Accommodation & Living
Barcelona $1.9K 43.5%
Faroe Islands $1.4K 25.3% 28.7% $557
Groceries & Markets
Barcelona $774 17.3%
Faroe Islands $1.2K 22.8% 61.4% $475
Eating Out
Barcelona $886 19.9%
Faroe Islands $1.7K 30.7% 89.8% $795
Monthly Utilities & Internet
Barcelona $243 5.4%
Faroe Islands $294 5.4% 21% $51
Clothing & Footwear
Barcelona $351 7.9%
Faroe Islands $615 11.2% 75.3% $264
Sport & Entertainment
Barcelona $168 3.8%
Faroe Islands $165 * 3% 1.4% $2.4
Getting Around
Barcelona $102 2.3%
Faroe Islands $85 * 1.5% 17.2% $18
Categories marked with * are only partly priced – their share counts the items that do have prices.
Good to know
🇪🇸 Barcelona
🇫🇴 Faroe Islands
Weather
Population
1,660,122
54,149
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Barcelona Faroe Islands 2,370 km ≈ 3 h 30 min nonstop flight
From you
- Barcelona
- Faroe Islands
Distances are measured in a straight line. Your location is detected approximately.
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
Barcelona vs other spots: cost of living compared
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