Cost of Living Comparison Between Klaksvik and Torshavn Cost of Living Comparison Between Klaksvik and Torshavn
🙂 Solo nomad:
Klaksvik is 65.5% cheaper than Torshavn without rent, and 85% cheaper with rent.
🙂 Family of 3:
Klaksvik is 74% cheaper than Torshavn without rent, and 60.8% cheaper with rent.
Meal at Budget Restaurant
Three-Course Dinner for Two, Mid-Range
Fast Food Meal (McDonalds, etc)
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
Water (0.33 liter bottle)
Local Beer (0.5 liter draught)
Imported Beer (0.33 liter bottle)
Cigarettes 20 Pack (Marlboro, Camel)
Local Beer (0.5 liter bottle)
Imported Beer (0.33 liter bottle)
Taxi Start (Normal Tariff)
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
SIM Card Monthly Plan (Calls and 10GB+ Data)
Internet (50+ Mbps, Unlimited Data)
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
Jeans (Levis 501 Or Similar)
Summer Dress (H&M, Zara, etc)
Sport Shoes (Adidas, Nike)
Men's Leather Business Shoes
1-bedroom Apartment, City Center (Monthly)
1-bedroom Apartment, Outside City Center (Monthly)
3-bedroom Apartment, City Center (Monthly)
3-bedroom Apartment, Outside City Center (Monthly)
Buy Apartment in City Center (m2)
Buy Apartment Outside City Center (m2)
Average Monthly Net Salary (After Tax)
Citycost data is based on AI and user input – minor inaccuracies may occur.
Last update for Klaksvik: October 28, 2025
Last update for Torshavn: October 28, 2025