Cost of Living Comparison Between Lisbon and Torshavn Cost of Living Comparison Between Lisbon and Torshavn

🙂 Solo nomad: Lisbon is 21.6% cheaper than Torshavn without rent, and 2.4% cheaper with rent.
🙂 Family of 3: Lisbon is 30.5% cheaper than Torshavn without rent, and 11.4% cheaper with rent.
Currency
🍽 Eating Out
Lisbon
Torshavn
Difference
Meal at Budget Restaurant
$16.09 €13.89
$22.91 FOK 149
-29.77%
Three-Course Dinner for Two, Mid-Range
$64.1 €55.3
$139 FOK 899
-53.74%
Fast Food Meal (McDonalds, etc)
$10.28 €8.88
$19.87 FOK 129
-48.26%
Cappuccino
$2.78 €2.4
$6.89 FOK 44.71
-59.65%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.23 €1.92
$3.23 FOK 20.96
-30.96%
Water (0.33 liter bottle)
$1.57 €1.35
$2.68 FOK 17.42
-41.42%
Local Beer (0.5 liter draught)
$3.41 €2.95
$9.55 FOK 62
-64.29%
Imported Beer (0.33 liter bottle)
$3.82 €3.3
$8.43 FOK 54.7
-54.69%
🛒 Groceries & Markets
Lisbon
Torshavn
Difference
Milk (1 liter)
$1.14 €0.98
$2.25 FOK 14.58
-49.33%
White Bread (500g)
$1.73 €1.49
$3.89 FOK 25.22
-55.53%
Rice (white) (1kg)
$1.67 €1.44
$1.91 FOK 12.42
-12.57%
Eggs
$3.13 €2.7
$5.67 FOK 36.81
-44.80%
Local Cheese (1kg)
$13.31 €11.5
$12.95 FOK 84.1
2.78%
Chicken Fillets (1kg)
$7.99 €6.9
$14.23 FOK 92.4
-43.85%
Beef Round Steak (1kg)
$15.97 €13.79
-
-
Apples (1kg)
$2.28 €1.97
$2.27 FOK 14.7
0.44%
Banana (1kg)
$1.7 €1.47
$2.8 FOK 18.18
-39.29%
Oranges (1kg)
$2.04 €1.76
$3.05 FOK 19.79
-33.11%
Tomato (1kg)
$2.55 €2.2
$1.81 FOK 11.77
40.88%
Potato (1kg)
$1.76 €1.52
$2.76 FOK 17.88
-36.23%
Onion (1kg)
$2.05 €1.77
$3.45 FOK 22.36
-40.58%
Lettuce (1 head)
$1.98 €1.71
$2.5 FOK 16.25
-20.80%
Water (1.5 liter bottle)
$0.81 €0.7
$2.71 FOK 17.57
-70.11%
Cigarettes 20 Pack (Marlboro, Camel)
$6.59 €5.69
$10.92 FOK 70.8
-39.65%
Wine (Bottle)
$5.87 €5.07
$12.3 FOK 79.8
-52.28%
Local Beer (0.5 liter bottle)
$1.33 €1.15
$2.11 FOK 13.73
-36.97%
Imported Beer (0.33 liter bottle)
$2.92 €2.52
$3.06 FOK 19.84
-4.58%
🚌 Getting Around
Lisbon
Torshavn
Difference
One-way Ticket (Public Transport)
$2.27 €1.96
-
-
Public Transport Monthly Pass (Regular Price)
$46.15 €39.85
-
-
Taxi Start (Normal Tariff)
$4.23 €3.66
$12.31 FOK 79.9
-65.64%
Taxi (Normal Tariff) (1km)
$0.86 €0.75
-
-
Taxi 1hour Waiting (Normal Tariff)
$18.68 €16.13
-
-
Gasoline (1 liter)
$2.09 €1.81
$2.05 FOK 13.31
1.95%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.5K €29.8K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.6K €34.2K
$55K FOK 357.1K
-27.96%
🧾 Monthly Utilities & Internet
Lisbon
Torshavn
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 €128
$135 FOK 875
10.08%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.98 €18.11
$39.97 FOK 259
-47.51%
Internet (50+ Mbps, Unlimited Data)
$39.65 €34.24
$65 FOK 422
-39.04%
🎉 Sport & Entertainment
Lisbon
Torshavn
Difference
Gym Membership (Monthly)
$47.92 €41.37
$40.7 FOK 264
17.74%
Tennis Court (1 Hour on Weekend)
$18.57 €16.03
-
-
Cinema Ticket
$9.38 €8.1
$16.22 FOK 105
-42.17%
🧸 Childcare & Education
Lisbon
Torshavn
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$607 €524
$553 FOK 3,591
9.75%
International Primary School, 1 Child (Yearly)
$16.1K €13.9K
-
-
👕👟 Clothing & Footwear
Lisbon
Torshavn
Difference
Jeans (Levis 501 Or Similar)
$104 €90.1
$154 FOK 999
-32.19%
Summer Dress (H&M, Zara, etc)
$41.09 €35.48
$62 FOK 403
-33.76%
Sport Shoes (Adidas, Nike)
$92.7 €80
$167 FOK 1,086
-44.65%
Men's Leather Business Shoes
$119 €102
$218 FOK 1,416
-45.61%
🏠 Accommodation & Living
Lisbon
Torshavn
Difference
1-bedroom Apartment, City Center (Monthly)
$1,592 €1,375
$1,114 FOK 7,228
42.97%
1-bedroom Apartment, Outside City Center (Monthly)
$1,262 €1,090
$935 FOK 6,065
35.04%
3-bedroom Apartment, City Center (Monthly)
$3,046 €2,630
$1,947 FOK 12.6K
56.44%
3-bedroom Apartment, Outside City Center (Monthly)
$2,069 €1,787
$1,489 FOK 9,665
38.95%
Buy Apartment in City Center (m2)
$7,280 €6,286
$4,058 FOK 26.3K
79.38%
Buy Apartment Outside City Center (m2)
$4,549 €3,928
$3,540 FOK 23K
28.50%
💵 Salaries & Financials
Lisbon
Torshavn
Difference
Average Monthly Net Salary (After Tax)
$1,462 €1,263
$2,308 FOK 15K
-36.64%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.81
0
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Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update for Lisbon: October 28, 2025

Last update for Torshavn: October 28, 2025

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