Last update: Oct 2026

Cost of Living Comparison Between the Faroe Islands and Istanbul

For one person, living is cheaper in Istanbul: $1,526 a month against $2,583 in the Faroe Islands, rent and utilities included – about $12,700 less a year. Other living expenses account for most of the difference.

124

Cost of Living Index in the Faroe Islands
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Faroe Islands Living Index
74

Cost of Living Index in Istanbul
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Istanbul Living Index

Jump to prices

🇫🇴 Faroe Islands

$2,583

/mo nomad

Istanbul

🇹🇷 Turkey

$1,526

/mo nomad

😐 Solo nomad: The Faroe Islands is 81.8% more expensive than Istanbul without rent, and 69.3% more expensive with rent.

😐 Family of 3: The Faroe Islands is 119.4% more expensive than Istanbul without rent, and 66.6% more expensive with rent.

Meal at Budget Restaurant

$30.20 FOK 202

$11.88 ₺585

154.21%

Three-Course Dinner for Two, Mid-Range

$148 FOK 989

$55.1 ₺2,714

168.85%

Fast Food Meal (McDonalds, etc)

$20.09 FOK 134

$9.14 ₺450

119.80%

Cappuccino

$6.50 FOK 43.44

$4.24 ₺209

53.30%

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

$2.97 FOK 19.86

$1.75 ₺86.0

69.71%

Water (0.33 liter bottle)

$2.20 FOK 14.71

$0.54 ₺26.83

307.41%

Local Beer (0.5 liter draught)

$9.25 FOK 61.8

$4.69 ₺231

97.23%

Imported Beer (0.33 liter bottle)

$8.94 FOK 59.8

$5.97 ₺294

49.75%

Milk (1 liter)

$2.30 FOK 15.39

$1.26 ₺62.1

82.54%

White Bread (500g)

$7.07 FOK 47.25

$0.95 ₺46.81

644.21%

Rice (white) (1kg)

$4.25 FOK 28.39

$2.31 ₺114

83.98%

Eggs

$6.48 FOK 43.30

$2.47 ₺122

162.35%

Local Cheese (1kg)

$16.30 FOK 109

$10.55 ₺520

54.50%

Chicken Fillets (1kg)

$14.33 FOK 95.7

$5.60 ₺276

155.89%

Beef Round Steak (1kg)

$18.20 FOK 122

$21.21 ₺1,045

-14.19%

Apples (1kg)

$4.16 FOK 27.77

$1.93 ₺95.1

115.54%

Banana (1kg)

$5.45 FOK 36.40

$2.29 ₺113

137.99%

Oranges (1kg)

$6.18 FOK 41.30

$1.28 ₺63.1

382.81%

Tomato (1kg)

$5.15 FOK 34.40

$1.84 ₺90.8

179.89%

Potato (1kg)

$3.60 FOK 24.06

$0.67 ₺32.86

437.31%

Onion (1kg)

$4.51 FOK 30.15

$0.59 ₺29.31

664.41%

Lettuce (1 head)

$3.38 FOK 22.58

$1.33 ₺65.4

154.14%

Water (1.5 liter bottle)

$3.82 FOK 25.52

$0.59 ₺29.10

547.46%

Cigarettes 20 Pack (Marlboro, Camel)

$10.69 FOK 71.4

$2.36 ₺116

352.97%

Wine (Bottle)

$12.97 FOK 86.6

$13.47 ₺664

-3.71%

Local Beer (0.5 liter bottle)

$3.12 FOK 20.81

$2.42 ₺119

28.93%

Imported Beer (0.33 liter bottle)

$2.38 FOK 15.88

$3.54 ₺174

-32.77%

One-way Ticket (Public Transport)

$0.83 ₺40.64

Public Transport Monthly Pass (Regular Price)

$30.06 FOK 201

$66.5 ₺3,273

-54.76%

Taxi Start (Normal Tariff)

$12.20 FOK 81.5

$1.35 ₺66.6

803.70%

Taxi (Normal Tariff) (1km)

$0.85 ₺42.05

Taxi 1hour Waiting (Normal Tariff)

$10.86 ₺535

Gasoline (1 liter)

$1.76 FOK 11.77

$1.47 ₺72.3

19.73%

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

$51.6K ₺2.5M

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

$44.4K ₺2.2M

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

$127 FOK 846

$89.2 ₺4,395

41.96%

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

$44.12 FOK 295

$11.60 ₺572

280.34%

Internet (50+ Mbps, Unlimited Data)

$79.0 FOK 528

$16.10 ₺793

390.87%

Gym Membership (Monthly)

$51.4 FOK 343

$77.3 ₺3,805

-33.53%

Tennis Court (1 Hour on Weekend)

$22.66 ₺1,116

Cinema Ticket

$15.69 FOK 105

$8.34 ₺411

88.13%

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

$489 FOK 3,269

$974 ₺48.0K

-49.75%

International Primary School, 1 Child (Yearly)

$25.8K ₺1.3M

Jeans (Levis 501 Or Similar)

$141 FOK 939

$52.7 ₺2,597

166.76%

Summer Dress (H&M, Zara, etc)

$60.9 FOK 407

$39.16 ₺1,929

55.52%

Sport Shoes (Adidas, Nike)

$170 FOK 1,135

$103 ₺5,083

64.71%

Men's Leather Business Shoes

$243 FOK 1,626

$96.6 ₺4,759

151.92%

1-bedroom Apartment, City Center (Monthly)

$1,073 FOK 7,168

$994 ₺49.0K

7.94%

1-bedroom Apartment, Outside City Center (Monthly)

$891 FOK 5,955

$629 ₺31.0K

41.66%

3-bedroom Apartment, City Center (Monthly)

$1,905 FOK 12.7K

$2,024 ₺99.7K

-5.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,384 FOK 9,248

$1,155 ₺56.9K

19.88%

Buy Apartment in City Center (m2)

$4,528 FOK 30.3K

$3,160 ₺155.7K

43.30%

Buy Apartment Outside City Center (m2)

$4,667 FOK 31.2K

$1,838 ₺90.5K

153.98%

Average Monthly Net Salary (After Tax)

$2,274 FOK 15.2K

$1,203 ₺59.3K

88.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

41.09

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

Last update for the Faroe Islands: October 4, 2026

Last update for Istanbul: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Faroe Islands

$892 35%

Istanbul

$629 41.2% 29.4% $262

Groceries & Markets

Faroe Islands

$541 21.2%

Istanbul

$264 17.3% 51.2% $277

Eating Out

Faroe Islands

$465 18.2%

Istanbul

$218 14.3% 53.1% $247

Clothing & Footwear

Faroe Islands

$277 10.9%

Istanbul

$131 8.6% 52.6% $145

Monthly Utilities & Internet

Faroe Islands

$250 9.8%

Istanbul

$117 7.7% 53.2% $133

Sport & Entertainment

Faroe Islands

$83 3.3%

Istanbul

$94 6.1% 13.6% $11

Getting Around

Faroe Islands

$42 * 1.7%

Istanbul

$75 4.9% 78.3% $33

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

Good to know

🇫🇴 Faroe Islands

🇹🇷 Istanbul

🕒 Local time

11:48 11:48 AM

13:48 1:48 PM

2 h ahead of the Faroe Islands

🌤 Weather

👥 Population

54,149

15,701,602

💱 Currency

Faroese Króna FOK kr

Turkish Lira TRY ₺

📈 Exchange rate

1 FOK = 0.15 USD

1 FOK = 0.134 EUR

100 TRY = 2.03 USD

100 TRY = 1.81 EUR

Exchange rates and currency converter

TRY, USD, EUR to FOK – Faroese Króna Converter

🇺🇸 United States Dollar ($)

🇫🇴 Faroese Króna (kr)

Faroese Króna exchange rates as of October 10, 2026: 1 USD = 6.68 FOK (1 FOK = 0.15 USD). 1 EUR = 7.49 FOK (1 FOK = 0.134 EUR).

Turkish Lira exchange rates as of October 10, 2026: 1 USD = 49.26 TRY (100 TRY = 2.03 USD). 1 EUR = 55.2 TRY (100 TRY = 1.81 EUR).

USD to FOK in detail →

On the map

Lowest

Highest

Between locations

Faroe Islands Istanbul 3,330 km ≈ 4 h 45 min nonstop flight

From you

Faroe Islands
Istanbul

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

Faroe Islands vs other spots: cost of living compared

Cost of Living Comparison Between the Faroe Islands and Istanbul

TRY, USD, EUR to FOK – Faroese Króna Converter

City Median Internet Speeds Comparison (Updated April 2026)

Faroe Islands

Istanbul

Faroe Islands

Istanbul

Faroe Islands vs other spots: cost of living compared

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