Cost of Living Data for Faroe Islands

Restaurants Value Range
Inexpensive meal 100.00
59
80.00 - 120.00
Mid-range meal 500.00
56
400.00 - 600.00
Meal at McDonalds (Combo) 80.00
56
80.00 - 80.00
Domestic beer 20.00
56
20.00 - 25.00
Imported beer 20.00
62
20.00 - 30.00
Coke/Pepsi 20.25
54
18.00 - 18.00

Transportation Value Range
One-way ticket (local transport) 0.00 50.00 - 50.00
Monthly pass (regular price) 800.00 800.00 - 800.00
Taxi 500.00 500.00 - 600.00
Gasoline 38.54 37.85 - 41.64
Car (VW Golf 1.4 90kW Trendline) 243500.00 200000.00 - 250000.00

Sports and Leisure Value Range
Fitness club (monthly, adult) 383.33 300.00 - 460.00
Tennis court rent 100.00 50.00 - 150.00
Cinema (international release) 95.00 90.00 - 100.00

Rent Per Month Value Range
Apartment (1 bed) city centre 7833.33 5500.00 - 6000.00
Apartment (1 bed) outside centre 6333.33 4000.00 - 5000.00
Apartment (3 bed) city centre 11000.00 8000.00 - 9000.00
Apartment (3 bed) outside centre 8833.33 6500.00 - 7000.00

Salaries and Financing Value Range
Net monthly disposable income 14166.67 12000.00 - 14000.00
Annual mortgage interest rate % 4.25 4.00 - 5.00

Markets Value Range
Milk 42.90
71
45.42 - 45.42
Loaf of fresh white bread 22.68
49
19.96 - 22.68
Dozen eggs 28.50
56
25.00 - 32.00
Chicken breasts (boneless, skinless, 1kg) 43.85
53
27.22 - 54.43
Water 15.00
51
13.00 - 16.00
Wine 125.00
53
80.00 - 150.00
Cigarettes 59.00
56
60.00 - 60.00

Utilities Value Range
Internet access (monthly, 10Mbps, unlimited) 449.00 500.00 - 500.00
Utilities for 85sq.m. apartment (electricity, heating, waste, water) 2022.73 1545.45 - 2500.00

Clothing and Shoes Value Range
Pair of jeans (Levi) 1250.00 700.00 - 1500.00
Summer dress in chain store (Zara, H&M) 866.67 300.00 - 1500.00
Pair of running shoes (Nike) 999.50 1000.00 - 1000.00
Pair of business shoes (man, leather) 1600.00 1200.00 - 2000.00

Property Purchase Price Value Range
Price per sq.ft. to buy apartment city centre 2322.56 1858.05 - 2787.07
Price per sq.ft. to buy apartment outside centre 1785.77 1207.73 - 2322.56