Cost of Living in
Torshavn
Comprehensive urban intelligence for Torshavn, Faroe Islands. Analyzing market prices, safety metrics, and quality of life indices in real-time.
72Global Quality Score
QoL Index
Safety & Security
74
Healthcare System
65
Purchasing Power
85
Climate & Air
78
Rent Per Month
Price per Square Meter to Buy Apartment in City Centre$26,000.00
Price per Square Meter to Buy Apartment Outside of Centre$30,833.00
1 Bedroom Apartment in City Centre$7,240.00
1 Bedroom Apartment Outside of City Centre$5,960.00
3 Bedroom Apartment in City Centre$12,500.00
3 Bedroom Apartment Outside of City Centre$9,250.00
Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage)$855.85
General
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child$3,258.33
International Primary School, Annual Tuition per Child$0.00
Nike Running Shoes (Mid-Range)$1,112.50
Jeans (Levi's 501 or Similar)$937.25
Men's Leather Business Shoes$1,633.33
Summer Dress in a Chain Store (e.g. Zara or H&M)$400.00
Potatoes (1 kg)$19.00
Onions (1 kg)$31.00
Oranges (1 kg)$25.00
Tomatoes (1 kg)$23.50
Bananas (1 kg)$29.00
Cigarettes (Pack of 20, Marlboro)$75.00
Local Cheese (1 kg)$83.33
Lettuce (1 Head)$15.50
Bottle of Wine (Mid-Range)$80.00
Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle)$20.51
Average Monthly Net Salary (After Tax)$15,333.33
Markets
White Rice (1 kg)$16.00
Beef Round or Equivalent Back Leg Red Meat (1 kg)$120.00
Bottled Water (1.5 Liter)$22.50
Milk (Regular, 1 Liter)$15.18
Apples (1 kg)$17.50
Eggs (12, Large Size)$37.60
Fresh White Bread (500 g Loaf)$32.00
Chicken Fillets (1 kg)$95.00
Bottled Water (0.33 Liter)$17.00
Monthly Public Transport Pass (Regular Price)$200.00
Restaurants
Domestic Beer (0.5 Liter Bottle)$20.64
Imported Beer (0.33 Liter Bottle)$20.00
Cappuccino (Regular Size)$45.27
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks)$1,000.00
Domestic Draft Beer (0.5 Liter)$60.00
Meal at an Inexpensive Restaurant$150.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal)$128.52
Sports And Leisure
Cinema Ticket (International Release)$105.00
Monthly Fitness Club Membership$368.00
Transportation
Taxi Start (Standard Tariff)$100.00
One-Way Ticket (Local Transport)$0.00
Gasoline (1 Liter)$12.74
Utilities (Monthly)
Broadband Internet (Unlimited Data, 60 Mbps or Higher)$600.00
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data)$290.00
