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

😐 Solo nomad: Torshavn is 48.9% more expensive than Lisbon without rent, and 2.2% more expensive with rent.

😐 Family of 3: Torshavn is 53.5% more expensive than Lisbon without rent, and 10.2% more expensive with rent.

Meal at Budget Restaurant

$23.07 FOK 148

$16.17 €13.94

42.67%

Three-Course Dinner for Two, Mid-Range

$137 FOK 881

$63.5 €54.7

115.93%

Fast Food Meal (McDonalds, etc)

$20.40 FOK 131

$10.40 €8.96

96.15%

Cappuccino

$7.24 FOK 46.57

$2.77 €2.38

161.37%

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

$3.23 FOK 20.76

$2.32 €2.00

39.22%

Water (0.33 liter bottle)

$2.68 FOK 17.21

$1.54 €1.33

74.03%

Local Beer (0.5 liter draught)

$9.27 FOK 59.6

$3.55 €3.06

161.13%

Imported Beer (0.33 liter bottle)

$8.49 FOK 54.6

$3.90 €3.36

117.69%

Milk (1 liter)

$2.32 FOK 14.90

$1.13 €0.98

105.31%

White Bread (500g)

$3.99 FOK 25.66

$1.83 €1.58

118.03%

Rice (white) (1kg)

$1.81 FOK 11.62

$1.77 €1.53

2.26%

Eggs

$5.74 FOK 36.92

$3.13 €2.70

83.39%

Local Cheese (1kg)

$12.50 FOK 80.4

$13.19 €11.37

-5.23%

Chicken Fillets (1kg)

$14.03 FOK 90.2

$7.80 €6.73

79.87%

Beef Round Steak (1kg)

$15.93 €13.73

Apples (1kg)

$2.39 FOK 15.38

$2.27 €1.96

5.29%

Banana (1kg)

$2.72 FOK 17.51

$1.72 €1.48

58.14%

Oranges (1kg)

$3.11 FOK 20.01

$1.98 €1.71

57.07%

Tomato (1kg)

$1.82 FOK 11.71

$2.44 €2.10

-25.41%

Potato (1kg)

$2.74 FOK 17.64

$1.80 €1.55

52.22%

Onion (1kg)

$3.32 FOK 21.33

$2.05 €1.77

61.95%

Lettuce (1 head)

$2.46 FOK 15.84

$1.91 €1.65

28.80%

Water (1.5 liter bottle)

$2.76 FOK 17.75

$0.78 €0.68

253.85%

Cigarettes 20 Pack (Marlboro, Camel)

$10.95 FOK 70.4

$6.65 €5.73

64.66%

Wine (Bottle)

$12.69 FOK 81.6

$5.67 €4.89

123.81%

Local Beer (0.5 liter bottle)

$2.12 FOK 13.66

$1.33 €1.15

59.40%

Imported Beer (0.33 liter bottle)

$3.05 FOK 19.59

$3.00 €2.59

1.67%

One-way Ticket (Public Transport)

$2.34 €2.02

Public Transport Monthly Pass (Regular Price)

$46.03 €39.68

Taxi Start (Normal Tariff)

$12.29 FOK 79.0

$4.25 €3.67

189.18%

Taxi (Normal Tariff) (1km)

$0.80 €0.69

Taxi 1hour Waiting (Normal Tariff)

$18.60 €16.03

Gasoline (1 liter)

$2.12 FOK 13.66

$2.07 €1.78

2.42%

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

$34.2K €29.5K

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

$56.2K FOK 361.5K

$39.0K €33.6K

44.04%

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

$133 FOK 855

$147 €127

-9.40%

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

$40.32 FOK 259

$20.52 €17.69

96.49%

Internet (50+ Mbps, Unlimited Data)

$66.2 FOK 425

$40.18 €34.64

64.63%

Gym Membership (Monthly)

$40.75 FOK 262

$49.53 €42.70

-17.73%

Tennis Court (1 Hour on Weekend)

$18.68 €16.10

Cinema Ticket

$16.37 FOK 105

$9.10 €7.85

79.89%

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

$560 FOK 3,598

$613 €529

-8.74%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

Jeans (Levis 501 Or Similar)

$151 FOK 969

$102 €88.2

47.28%

Summer Dress (H&M, Zara, etc)

$61.4 FOK 395

$40.77 €35.14

50.48%

Sport Shoes (Adidas, Nike)

$168 FOK 1,078

$94.6 €81.6

77.17%

Men's Leather Business Shoes

$224 FOK 1,442

$119 €102

89.24%

1-bedroom Apartment, City Center (Monthly)

$1,129 FOK 7,258

$1,625 €1,401

-30.55%

1-bedroom Apartment, Outside City Center (Monthly)

$937 FOK 6,026

$1,253 €1,080

-25.18%

3-bedroom Apartment, City Center (Monthly)

$1,915 FOK 12.3K

$3,126 €2,695

-38.74%

3-bedroom Apartment, Outside City Center (Monthly)

$1,523 FOK 9,790

$2,042 €1,760

-25.43%

Buy Apartment in City Center (m2)

$4,098 FOK 26.4K

$7,814 €6,735

-47.55%

Buy Apartment Outside City Center (m2)

$4,827 FOK 31.0K

$4,389 €3,783

9.98%

Average Monthly Net Salary (After Tax)

$2,427 FOK 15.6K

$1,516 €1,307

60.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

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

Last update for Torshavn: January 13, 2026

Last update for Lisbon: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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