Cost of Living in Faroe Islands - Updated Prices & Insights

103.14
Solo nomad: Estimated monthly costs are $1,323 (excluding rent), and $2,369 including rent.
Family of 3: Estimated monthly costs are $3,497 (excluding rent), and $5,044 including rent.
Currency
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$21.15 FOK 137
$15.2 FOK 98.6
$31.33 FOK 203
Three-Course Dinner for Two, Mid-Range
$157 FOK 1,017
$62.7 FOK 407
$172 FOK 1,118
Fast Food Meal (McDonalds, etc)
$19.96 FOK 130
$19.29 FOK 125
$20.06 FOK 130
Cappuccino
$6.96 FOK 45.16
$3.49 FOK 22.68
$8.23 FOK 53.4
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.28 FOK 21.31
$2.86 FOK 18.58
$3.98 FOK 25.84
Water (0.33 liter bottle)
$2.6 FOK 16.89
$2.14 FOK 13.88
$3.06 FOK 19.83
Local Beer (0.5 liter draught)
$9.46 FOK 61.4
$9.46 FOK 61.4
$11.04 FOK 71.6
Imported Beer (0.33 liter bottle)
$9.34 FOK 60.7
$7.79 FOK 50.6
$15.11 FOK 98
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$2.27 FOK 14.74
$1.99 FOK 12.95
$2.61 FOK 16.92
White Bread (500g)
$4.25 FOK 27.55
$3.39 FOK 22
$11.5 FOK 74.7
Rice (white) (1kg)
$3.72 FOK 24.12
$1.81 FOK 11.75
$5.63 FOK 36.56
Eggs
$5.51 FOK 35.74
$3.76 FOK 24.39
$7.34 FOK 47.61
Local Cheese (1kg)
$14.58 FOK 94.6
$11.48 FOK 74.5
$18.48 FOK 120
Chicken Fillets (1kg)
$14.55 FOK 94.4
$13.88 FOK 90.1
$15.59 FOK 101
Beef Round Steak (1kg)
$28.22 FOK 183
-
Apples (1kg)
$2.77 FOK 17.97
$2.37 FOK 15.39
$3.16 FOK 20.48
Banana (1kg)
$2.6 FOK 16.87
$2.37 FOK 15.36
$2.83 FOK 18.39
Oranges (1kg)
$3.15 FOK 20.44
$3.15 FOK 20.44
$3.15 FOK 20.44
Tomato (1kg)
$2.51 FOK 16.26
$1.88 FOK 12.19
$3.13 FOK 20.32
Potato (1kg)
$2.53 FOK 16.43
$2.3 FOK 14.95
$2.76 FOK 17.91
Onion (1kg)
$3.31 FOK 21.47
$3.15 FOK 20.41
$3.46 FOK 22.45
Lettuce (1 head)
$2.49 FOK 16.18
-
Water (1.5 liter bottle)
$3.29 FOK 21.38
$2.28 FOK 14.82
$4.56 FOK 29.58
Cigarettes 20 Pack (Marlboro, Camel)
$11.06 FOK 71.8
$10.28 FOK 66.7
$11.86 FOK 77
Wine (Bottle)
$12.16 FOK 78.9
$11.41 FOK 74.1
$21.29 FOK 138
Local Beer (0.5 liter bottle)
$2.28 FOK 14.79
$2.19 FOK 14.2
$2.37 FOK 15.38
Imported Beer (0.33 liter bottle)
$2.94 FOK 19.06
$1.85 FOK 12.02
$3.86 FOK 25.07
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
-
-
Taxi Start (Normal Tariff)
$11.75 FOK 76.3
$10.97 FOK 71.2
$12.53 FOK 81.3
Taxi 1hour Waiting (Normal Tariff)
$53.1 FOK 345
-
Gasoline (1 liter)
$2.08 FOK 13.53
$1.42 FOK 9.24
$2.37 FOK 15.38
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$40K FOK 259.8K
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$52.5K FOK 340.9K
$49.4K FOK 320.8K
$55.6K FOK 360.9K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$142 FOK 922
$71.9 FOK 467
$197 FOK 1,278
SIM Card Monthly Plan (Calls and 10GB+ Data)
$40.72 FOK 264
$37.6 FOK 244
$43.86 FOK 285
Internet (50+ Mbps, Unlimited Data)
$65.9 FOK 428
$63.3 FOK 410
$71.2 FOK 462
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$50.3 FOK 327
$21.77 FOK 141
$62.2 FOK 404
Cinema Ticket
$16.82 FOK 109
$15.65 FOK 102
$17.21 FOK 112
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$421 FOK 2,729
$280 FOK 1,820
$561 FOK 3,639
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$145 FOK 943
$93.1 FOK 604
$186 FOK 1,208
Summer Dress (H&M, Zara, etc)
$62.4 FOK 405
$54.6 FOK 354
$70.2 FOK 455
Sport Shoes (Adidas, Nike)
$157 FOK 1,022
$124 FOK 807
$194 FOK 1,262
Men's Leather Business Shoes
$222 FOK 1,440
$124 FOK 804
$248 FOK 1,608
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$1,015 FOK 6,586
$609 FOK 3,952
$1,522 FOK 9,879
1-bedroom Apartment, Outside City Center (Monthly)
$885 FOK 5,745
$625 FOK 4,056
$1,250 FOK 8,111
3-bedroom Apartment, City Center (Monthly)
$1,843 FOK 12K
$1,536 FOK 9,968
$2,304 FOK 15K
3-bedroom Apartment, Outside City Center (Monthly)
$1,387 FOK 9,000
$1,090 FOK 7,071
$1,868 FOK 12.1K
Buy Apartment in City Center (m2)
$3,603 FOK 23.4K
$2,723 FOK 17.7K
$4,664 FOK 30.3K
Buy Apartment Outside City Center (m2)
$3,887 FOK 25.2K
$2,157 FOK 14K
$7,191 FOK 46.7K
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$2,255 FOK 14.6K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
2.99
-
Citycost data is based on AI and user input — minor inaccuracies may occur.
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