Last update: Oct 2026

Cost of Living Comparison Between Torshavn and Amsterdam

For one person, living is cheaper in Torshavn: $2,504 a month against $3,465 in Amsterdam, rent and utilities included – about $11,500 less a year. Higher rent and utilities in Amsterdam outweigh lower spending on other living expenses.

122

Cost of Living Index in Torshavn
Learn more

Torshavn Living Index
168

Cost of Living Index in Amsterdam
Learn more

Amsterdam Living Index

Jump to prices

Torshavn

🇫🇴 Faroe Islands

$2,504

/mo nomad

Amsterdam

🇳🇱 Netherlands

$3,465

/mo nomad

Monthly Cost of Living

How much you'll spend in Torshavn and in Amsterdam

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Torshavn and in Amsterdam actually costs, broken down by who's living it.

A single person spends $2,504 per month in Torshavn vs $3,465 in Amsterdam, rent included.

Torshavn $2,504
Amsterdam $3,465

A couple spends around $3,918 per month in Torshavn vs $4,929 in Amsterdam, rent included.

Torshavn $3,918
Amsterdam $4,929

A family of three spends $5,331 per month in Torshavn vs $6,393 in Amsterdam, rent included.

Torshavn $5,331
Amsterdam $6,393

Torshavn is about 28% cheaper than Amsterdam, and outside of rent the biggest gap is in groceries.

Both Torshavn and Amsterdam sit above the global median – Torshavn by 86%, Amsterdam by 157%.

Meal at Budget Restaurant

$26.03 FOK 173

$22.10 €19.66

17.78%

Three-Course Dinner for Two, Mid-Range

$147 FOK 975

$90.0 €80.0

62.96%

Fast Food Meal (McDonalds, etc)

$19.59 FOK 130

$15.32 €13.63

27.87%

Cappuccino

$7.02 FOK 46.67

$4.58 €4.07

53.28%

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

$3.27 FOK 21.77

$3.70 €3.29

-11.62%

Water (0.33 liter bottle)

$2.68 FOK 17.80

$2.98 €2.65

-10.07%

Local Beer (0.5 liter draught)

$9.26 FOK 61.6

$7.38 €6.56

25.47%

Imported Beer (0.33 liter bottle)

$8.87 FOK 59.0

$5.73 €5.10

54.80%

Milk (1 liter)

$2.22 FOK 14.76

$1.57 €1.40

41.40%

White Bread (500g)

$4.81 FOK 32.00

$2.30 €2.04

109.13%

Rice (white) (1kg)

$3.03 FOK 20.12

$2.51 €2.23

20.72%

Eggs

$6.49 FOK 43.15

$5.07 €4.51

28.01%

Local Cheese (1kg)

$16.36 FOK 109

$16.73 €14.88

-2.21%

Chicken Fillets (1kg)

$14.30 FOK 95.1

$13.11 €11.66

9.08%

Beef Round Steak (1kg)

$17.71 FOK 118

$22.79 €20.28

-22.29%

Apples (1kg)

$3.96 FOK 26.34

$2.73 €2.43

45.05%

Banana (1kg)

$5.41 FOK 35.96

$2.76 €2.46

96.01%

Oranges (1kg)

$6.07 FOK 40.37

$2.74 €2.44

121.53%

Tomato (1kg)

$5.19 FOK 34.49

$3.78 €3.37

37.30%

Potato (1kg)

$3.56 FOK 23.69

$2.38 €2.11

49.58%

Onion (1kg)

$4.50 FOK 29.95

$1.61 €1.43

179.50%

Lettuce (1 head)

$3.35 FOK 22.27

$1.46 €1.30

129.45%

Water (1.5 liter bottle)

$3.83 FOK 25.46

$1.77 €1.58

116.38%

Cigarettes 20 Pack (Marlboro, Camel)

$11.06 FOK 73.6

$14.52 €12.92

-23.83%

Wine (Bottle)

$13.63 FOK 90.7

$9.10 €8.09

49.78%

Local Beer (0.5 liter bottle)

$4.18 FOK 27.80

$1.79 €1.59

133.52%

Imported Beer (0.33 liter bottle)

$3.04 FOK 20.24

$2.43 €2.16

25.10%

One-way Ticket (Public Transport)

$3.69 €3.29

Public Transport Monthly Pass (Regular Price)

$29.71 FOK 198

$112 €100

-73.59%

Taxi Start (Normal Tariff)

$14.86 FOK 98.8

$4.51 €4.01

229.49%

Taxi (Normal Tariff) (1km)

$3.44 €3.06

Taxi 1hour Waiting (Normal Tariff)

$39.71 €35.32

Gasoline (1 liter)

$1.78 FOK 11.83

$2.63 €2.34

-32.32%

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

$41.3K €36.7K

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

$39.4K €35.1K

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

$126 FOK 836

$295 €262

-57.34%

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

$42.61 FOK 283

$22.26 €19.80

91.42%

Internet (50+ Mbps, Unlimited Data)

$88.7 FOK 590

$51.1 €45.46

73.63%

Gym Membership (Monthly)

$55.8 FOK 371

$59.9 €53.3

-6.93%

Tennis Court (1 Hour on Weekend)

$35.44 €31.52

Cinema Ticket

$16.28 FOK 108

$16.82 €14.96

-3.21%

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

$481 FOK 3,196

$2,826 €2,513

-82.99%

International Primary School, 1 Child (Yearly)

$17.1K €15.2K

Jeans (Levis 501 Or Similar)

$137 FOK 913

$92.5 €82.3

48.36%

Summer Dress (H&M, Zara, etc)

$60.0 FOK 399

$41.61 €37.01

44.17%

Sport Shoes (Adidas, Nike)

$164 FOK 1,088

$97.6 €86.9

67.61%

Men's Leather Business Shoes

$244 FOK 1,624

$132 €117

85.13%

1-bedroom Apartment, City Center (Monthly)

$1,102 FOK 7,325

$2,575 €2,290

-57.22%

1-bedroom Apartment, Outside City Center (Monthly)

$885 FOK 5,887

$1,955 €1,739

-54.72%

3-bedroom Apartment, City Center (Monthly)

$1,896 FOK 12.6K

$3,997 €3,555

-52.57%

3-bedroom Apartment, Outside City Center (Monthly)

$1,356 FOK 9,015

$3,053 €2,716

-55.59%

Buy Apartment in City Center (m2)

$4,620 FOK 30.7K

$10.4K €9,222

-55.44%

Buy Apartment Outside City Center (m2)

$4,573 FOK 30.4K

$6,494 €5,776

-29.58%

Average Monthly Net Salary (After Tax)

$3,246 FOK 21.6K

$4,692 €4,174

-30.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.27

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

Last update for Torshavn: October 12, 2026

Last update for Amsterdam: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Torshavn

$885 35.3%

Amsterdam

$2K 56.4% 121% $1.1K

Groceries & Markets

Torshavn

$518 20.7%

Amsterdam

$383 11% 26.1% $135

Eating Out

Torshavn

$439 17.5%

Amsterdam

$353 10.2% 19.7% $86

Clothing & Footwear

Torshavn

$272 10.9%

Amsterdam

$164 4.7% 39.9% $109

Monthly Utilities & Internet

Torshavn

$257 10.3%

Amsterdam

$368 10.6% 43.2% $111

Sport & Entertainment

Torshavn

$88 3.5%

Amsterdam

$94 2.7% 5.9% $5.2

Getting Around

Torshavn

$45 * 1.8%

Amsterdam

$149 4.3% 234% $104

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

Cost Breakdown

A central one-bedroom costs $1,102 in Torshavn versus $2,575 in Amsterdam. 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 45% higher in Amsterdam, 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 $147 in Torshavn versus $90.0 in Amsterdam. Monthly groceries follow the same trend: $518 vs $383 – making Amsterdam the more affordable choice for daily food spending.

Good to know

🇫🇴 Torshavn

🇳🇱 Amsterdam

🕒 Local time

09:03 9:03 AM

10:03 10:03 AM

1 h ahead of Torshavn

🌤 Weather

👥 Population

14,145 Capital

881,933 Capital

💱 Currency

Faroese Króna FOK kr

Euro EUR €

📈 Exchange rate

1 FOK = 0.15 USD

1 FOK = 0.134 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to FOK – Faroese Króna Converter

🇺🇸 United States Dollar ($)

🇫🇴 Faroese Króna (kr)

Faroese Króna exchange rates as of October 19, 2026: 1 USD = 6.65 FOK (1 FOK = 0.15 USD). 1 EUR = 7.48 FOK (1 FOK = 0.134 EUR).

Euro exchange rates as of October 19, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to FOK in detail →

On the map

Lowest

Highest

Between locations

Torshavn Amsterdam 1,280 km ≈ 2 h nonstop flight

From you

Torshavn
Amsterdam

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

Torshavn vs Amsterdam: Cost of Living - Frequently Asked Questions

Yes – Amsterdam is pricier by about 38%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,757 per month in Torshavn and $5,197 in Amsterdam. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 279% less in Torshavn. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $481 per month in Torshavn and $2,826 in Amsterdam. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 is a stretch for both – monthly costs hit $2,504 in Torshavn and $3,465 in Amsterdam. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Torshavn – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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