Cost of Living Comparison Between Da Nang and Torshavn Cost of Living Comparison Between Da Nang and Torshavn

Monthly Cost of Living

A single person spends $868 per month in Da Nang vs $2,631 in Torshavn, rent included.

A couple spends around $1,419 per month in Da Nang vs $4,101 in Torshavn, rent included.

A family of three spends $1,970 per month in Da Nang vs $5,570 in Torshavn, rent included.

Da Nang is about 67% cheaper than Torshavn, driven mainly by Eating Out.

Da Nang sits 37% below the global median, while Torshavn is 92% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.35 ₫61.1K

$26.58 FOK 172

-91.16%

Three-Course Dinner for Two, Mid-Range

$19.28 ₫501.2K

$157 FOK 1,018

-87.72%

Fast Food Meal (McDonalds, etc)

$4.71 ₫122.5K

$20.37 FOK 132

-76.88%

Cappuccino

$1.80 ₫46.8K

$6.99 FOK 45.33

-74.25%

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

$0.69 ₫18.0K

$3.28 FOK 21.23

-78.96%

Water (0.33 liter bottle)

$0.32 ₫8,201

$2.75 FOK 17.81

-88.36%

Local Beer (0.5 liter draught)

$1.31 ₫34.0K

$9.77 FOK 63.3

-86.59%

Imported Beer (0.33 liter bottle)

$2.30 ₫59.7K

$9.07 FOK 58.8

-74.64%

Milk (1 liter)

$1.50 ₫38.9K

$2.31 FOK 14.97

-35.06%

White Bread (500g)

$1.25 ₫32.5K

$5.16 FOK 33.45

-75.78%

Rice (white) (1kg)

$1.05 ₫27.3K

$3.15 FOK 20.41

-66.67%

Eggs

$1.52 ₫39.6K

$6.46 FOK 41.84

-76.47%

Local Cheese (1kg)

$13.04 ₫339.0K

$17.09 FOK 111

-23.70%

Chicken Fillets (1kg)

$4.05 ₫105.4K

$14.41 FOK 93.4

-71.89%

Beef Round Steak (1kg)

$9.26 ₫240.7K

$18.46 FOK 120

-49.84%

Apples (1kg)

$2.60 ₫67.5K

$4.06 FOK 26.31

-35.96%

Banana (1kg)

$1.10 ₫28.7K

$5.78 FOK 37.44

-80.97%

Oranges (1kg)

$1.29 ₫33.5K

$6.15 FOK 39.88

-79.02%

Tomato (1kg)

$1.40 ₫36.3K

$5.30 FOK 34.36

-73.58%

Potato (1kg)

$1.13 ₫29.5K

$3.71 FOK 24.02

-69.54%

Onion (1kg)

$1.22 ₫31.8K

$4.65 FOK 30.11

-73.76%

Lettuce (1 head)

$1.01 ₫26.3K

$3.32 FOK 21.52

-69.58%

Water (1.5 liter bottle)

$0.52 ₫13.6K

$3.89 FOK 25.23

-86.63%

Cigarettes 20 Pack (Marlboro, Camel)

$1.57 ₫40.7K

$11.62 FOK 75.3

-86.49%

Wine (Bottle)

$7.48 ₫194.5K

$13.85 FOK 89.8

-45.99%

Local Beer (0.5 liter bottle)

$0.83 ₫21.5K

$4.12 FOK 26.67

-79.85%

Imported Beer (0.33 liter bottle)

$2.18 ₫56.6K

$3.17 FOK 20.56

-31.23%

One-way Ticket (Public Transport)

$0.32 ₫8,196

Public Transport Monthly Pass (Regular Price)

$5.04 ₫131.0K

$31.33 FOK 203

-83.91%

Taxi Start (Normal Tariff)

$1.04 ₫26.9K

$15.25 FOK 98.8

-93.18%

Taxi (Normal Tariff) (1km)

$0.62 ₫16.0K

Taxi 1hour Waiting (Normal Tariff)

$19.13 ₫497.2K

Gasoline (1 liter)

$0.83 ₫21.6K

$1.74 FOK 11.30

-52.30%

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

$30.8K ₫799.4M

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

$28.4K ₫737.7M

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

$88.5 ₫2.3M

$132 FOK 855

-32.93%

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

$6.00 ₫155.9K

$44.21 FOK 286

-86.43%

Internet (50+ Mbps, Unlimited Data)

$7.95 ₫206.6K

$94.3 FOK 611

-91.57%

Gym Membership (Monthly)

$22.83 ₫593.6K

$56.3 FOK 365

-59.43%

Tennis Court (1 Hour on Weekend)

$5.41 ₫140.6K

Cinema Ticket

$3.13 ₫81.3K

$16.44 FOK 107

-80.96%

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

$163 ₫4.2M

$512 FOK 3,319

-68.21%

International Primary School, 1 Child (Yearly)

$15.3K ₫397.1M

Jeans (Levis 501 Or Similar)

$44.57 ₫1.2M

$143 FOK 925

-68.78%

Summer Dress (H&M, Zara, etc)

$27.95 ₫726.6K

$61.6 FOK 399

-54.59%

Sport Shoes (Adidas, Nike)

$100 ₫2.6M

$171 FOK 1,108

-41.41%

Men's Leather Business Shoes

$80.2 ₫2.1M

$251 FOK 1,628

-68.10%

1-bedroom Apartment, City Center (Monthly)

$535 ₫13.9M

$1,132 FOK 7,337

-52.76%

1-bedroom Apartment, Outside City Center (Monthly)

$342 ₫8.9M

$935 FOK 6,060

-63.41%

3-bedroom Apartment, City Center (Monthly)

$1,025 ₫26.6M

$1,919 FOK 12.4K

-46.60%

3-bedroom Apartment, Outside City Center (Monthly)

$787 ₫20.4M

$1,432 FOK 9,282

-45.08%

Buy Apartment in City Center (m2)

$3,825 ₫99.5M

$4,759 FOK 30.8K

-19.61%

Buy Apartment Outside City Center (m2)

$1,283 ₫33.4M

$4,679 FOK 30.3K

-72.58%

Average Monthly Net Salary (After Tax)

$360 ₫9.3M

$3,256 FOK 21.1K

-88.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.72

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

Last update for Da Nang: September 12, 2026

Last update for Torshavn: September 14, 2026

Cost Breakdown

A central one-bedroom costs $535 in Da Nang versus $1,132 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 806% higher in Torshavn, 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 $19.00 in Da Nang versus $157 in Torshavn. Monthly groceries follow the same trend: $196 vs $533 – making Da Nang the more affordable choice for daily food spending.

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

Da Nang vs Torshavn: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $868 in Da Nang, $2,631 in Torshavn – roughly 203% apart. Torshavn costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $1,302 per month in Da Nang and $3,947 in Torshavn. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 172% more in Torshavn, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $19.00 in Da Nang and $157 in Torshavn. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Da Nang, where all-in costs run around $868, than in Torshavn at $2,631. In Da Nang it covers expenses comfortably, while in Torshavn it requires careful planning or may not stretch far enough.

It depends on your priorities. Da Nang has an edge in some lifestyle areas, with costs from $868 in Da Nang to $2,631 in Torshavn. Climate, culture, job market, and personal taste all factor in.

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