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

Name: Faroe Islands
Address: FO

🙂 Solo nomad: Italy is 30% cheaper than Faroe Islands without rent, and 21.9% cheaper with rent.

🙂 Family of 3: Italy is 37.8% cheaper than Faroe Islands without rent, and 25.3% cheaper with rent.

Meal at Budget Restaurant

$17.66 €15.22

$21.19 FOK 136

-16.66%

Three-Course Dinner for Two, Mid-Range

$81.0 €69.8

$156 FOK 1,003

-48.07%

Fast Food Meal (McDonalds, etc)

$11.38 €9.81

$20.04 FOK 129

-43.21%

Cappuccino

$1.98 €1.71

$6.86 FOK 44.10

-71.14%

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

$2.97 €2.56

$3.16 FOK 20.29

-6.01%

Water (0.33 liter bottle)

$1.32 €1.14

$2.66 FOK 17.11

-50.38%

Local Beer (0.5 liter draught)

$5.83 €5.03

$9.42 FOK 60.6

-38.11%

Imported Beer (0.33 liter bottle)

$5.30 €4.57

$9.04 FOK 58.1

-41.37%

Milk (1 liter)

$1.63 €1.41

$2.35 FOK 15.13

-30.64%

White Bread (500g)

$2.41 €2.08

$4.16 FOK 26.74

-42.07%

Rice (white) (1kg)

$3.04 €2.62

$3.71 FOK 23.83

-18.06%

Eggs

$4.13 €3.56

$5.36 FOK 34.49

-22.95%

Local Cheese (1kg)

$16.37 €14.11

$14.75 FOK 94.8

10.98%

Chicken Fillets (1kg)

$12.61 €10.87

$14.51 FOK 93.3

-13.09%

Beef Round Steak (1kg)

$20.75 €17.89

$27.52 FOK 177

-24.60%

Apples (1kg)

$2.47 €2.13

$2.67 FOK 17.14

-7.49%

Banana (1kg)

$2.23 €1.92

$2.61 FOK 16.75

-14.56%

Oranges (1kg)

$2.69 €2.32

$3.15 FOK 20.28

-14.60%

Tomato (1kg)

$3.35 €2.89

$2.44 FOK 15.68

37.30%

Potato (1kg)

$1.93 €1.67

$2.61 FOK 16.76

-26.05%

Onion (1kg)

$1.88 €1.62

$3.24 FOK 20.81

-41.98%

Lettuce (1 head)

$1.53 €1.32

$2.51 FOK 16.14

-39.04%

Water (1.5 liter bottle)

$0.54 €0.47

$3.42 FOK 21.98

-84.21%

Cigarettes 20 Pack (Marlboro, Camel)

$7.11 €6.13

$10.75 FOK 69.1

-33.86%

Wine (Bottle)

$7.10 €6.12

$12.41 FOK 79.8

-42.79%

Local Beer (0.5 liter bottle)

$1.80 €1.55

$2.23 FOK 14.33

-19.28%

Imported Beer (0.33 liter bottle)

$2.52 €2.17

$3.03 FOK 19.51

-16.83%

One-way Ticket (Public Transport)

$1.95 €1.68

Public Transport Monthly Pass (Regular Price)

$42.04 €36.24

Taxi Start (Normal Tariff)

$5.96 €5.13

$11.83 FOK 76.1

-49.62%

Taxi (Normal Tariff) (1km)

$1.54 €1.33

Taxi 1hour Waiting (Normal Tariff)

$34.47 €29.71

$51.5 FOK 331

-33.11%

Gasoline (1 liter)

$2.10 €1.81

$2.01 FOK 12.94

4.48%

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

$32.4K €28.0K

$40.5K FOK 260.4K

-19.89%

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

$33.8K €29.1K

$52.2K FOK 335.6K

-35.21%

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

$220 €190

$142 FOK 910

55.28%

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

$13.51 €11.65

$39.81 FOK 256

-66.06%

Internet (50+ Mbps, Unlimited Data)

$31.00 €26.72

$64.3 FOK 413

-51.77%

Gym Membership (Monthly)

$57.9 €49.91

$50.3 FOK 323

15.22%

Tennis Court (1 Hour on Weekend)

$25.31 €21.82

Cinema Ticket

$10.47 €9.02

$16.91 FOK 109

-38.08%

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

$572 €493

$422 FOK 2,712

35.72%

International Primary School, 1 Child (Yearly)

$10.5K €9,091

Jeans (Levis 501 Or Similar)

$89.8 €77.4

$143 FOK 919

-37.19%

Summer Dress (H&M, Zara, etc)

$40.65 €35.04

$63.2 FOK 406

-35.67%

Sport Shoes (Adidas, Nike)

$100 €86.3

$158 FOK 1,013

-36.47%

Men's Leather Business Shoes

$133 €115

$221 FOK 1,418

-39.51%

1-bedroom Apartment, City Center (Monthly)

$841 €725

$1,032 FOK 6,638

-18.58%

1-bedroom Apartment, Outside City Center (Monthly)

$656 €565

$875 FOK 5,627

-25.07%

3-bedroom Apartment, City Center (Monthly)

$1,480 €1,276

$1,885 FOK 12.1K

-21.49%

3-bedroom Apartment, Outside City Center (Monthly)

$1,086 €937

$1,368 FOK 8,793

-20.55%

Buy Apartment in City Center (m2)

$3,916 €3,376

$3,661 FOK 23.5K

6.96%

Buy Apartment Outside City Center (m2)

$2,472 €2,131

$4,766 FOK 30.6K

-48.13%

Average Monthly Net Salary (After Tax)

$1,964 €1,693

$2,351 FOK 15.1K

-16.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

2.99

47.49%

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

Last update for Italy: January 11, 2026

Last update for Faroe Islands: January 12, 2026

Digital Nomad Cost of Living Index

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

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