Cost of living comparison

Australia

compared to

Faroe Islands

Faroe Islands vs. Australia Cost of Living Summary

Faroe Islands is 2.1% cheaper than Australia overall.

Restaurants: pay 28.7% more in Faroe Islands
Groceries: pay 61.9% more in Faroe Islands
Transportation: pay 25.9% less in Faroe Islands
Housing: pay 17.0% less in Faroe Islands
Childcare: pay 75.1% less in Faroe Islands
Entertainment and Sports: pay 5.9% more in Faroe Islands
Clothing: pay 57.6% more in Faroe Islands

The cost of groceries, clothing, restaurants, and entertainment and sports in Faroe Islands are more expensive than in Australia. Expenses including childcare, transportation, and housing are lower in Faroe Islands.

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Faroe Islands vs. Australia Cost Breakdown

If you lived in Faroe Islands instead of Australia, you would:

Display currency: USD

pay 28.7% more for restaurants

	Australia	Faroe Islands
Basic meal with drink at inexpensive restaurant	$18.42 A$26.50	$18.71 DKK124.42	+1.5%
Fast food combo meal McDonalds, or similar	$10.19 A$14.66	$19.96 DKK132.75	+95.8%
Bottle of Coca-Cola (11 fl. oz)	$2.88 A$4.14	$3.12 DKK20.76	+8.4%
Bottle of water (11 fl. oz)	$2.33 A$3.35	$2.37 DKK15.78	+1.9%
Average			+28.7%

Australia vs. Faroe Islands - Cost of restaurants

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pay 61.9% more for groceries

	Australia	Faroe Islands
Bread 1 loaf	$2.64 A$3.80	$8.07 DKK53.68	+205.7%
Local cheese (8 oz)	$4.67 A$6.72	$6.92 DKK46.02	+48.0%
Milk (1 gallon)	$6.28 A$9.03	$9.97 DKK66.34	+58.8%
Eggs 1 dozen	$4.79 A$6.89	$6.35 DKK42.25	+32.6%
Boneless chicken breast (1 lb)	$4.19 A$6.03	$6.46 DKK42.94	+54.1%
Apples (1 lb)	$1.62 A$2.32	$1.83 DKK12.20	+13.5%
Bananas (1 lb)	$1.32 A$1.90	$2.51 DKK16.72	+90.2%
Oranges (1 lb)	$1.35 A$1.94	$2.72 DKK18.08	+101.1%
Tomatoes (1 lb)	$2.06 A$2.96	$2.34 DKK15.59	+13.9%
Potatoes (1 lb)	$1.19 A$1.71	$1.65 DKK11.00	+38.9%
Onions (1 lb)	$1.05 A$1.51	$2.08 DKK13.86	+98.7%
Average			+61.9%

Australia vs. Faroe Islands - Cost of groceries

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pay 25.9% less for transportation

	Australia	Faroe Islands
Gasoline (1 gallon)	$4.98 A$7.17	$6.59 DKK43.81	+32.2%
Monthly public transit pass	$91.09 A$131.05	$29.96 DKK199.28	-67.1%
New Volkswagen Golf 1.4 (standard edition)	$27,191.77 A$39,119.22	??
Taxi trip in downtown area (5 miles)	$17.22 A$24.78	??
Average			-25.9%

Australia vs. Faroe Islands - Cost of transportation

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pay 17.0% less for housing

	Australia	Faroe Islands
Internet connection 50 mbps or faster, cable/dsl	$57.16 A$82.23	$89.88 DKK597.84	+57.3%
1-Bedroom apartment in downtown area	$1,309.09 A$1,883.31	$1,084.60 DKK7,213.90	-17.1%
1-Bedroom apartment outside city center	$1,073.97 A$1,545.05	$894.30 DKK5,948.17	-16.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$146.37 A$210.58	$98.04 DKK652.11	-33.0%
Average			-17.0%

Australia vs. Faroe Islands - Cost of housing

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pay 75.1% less for childcare

	Australia	Faroe Islands
Private preschool for 1 child, monthly	$1,957.92 A$2,816.75	$488.12 DKK3,246.59	-75.1%
Middle school for 1 child, two semesters	$18,377.12 A$26,438.09	??
Average			-75.1%

Australia vs. Faroe Islands - Cost of childcare

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pay 5.9% more for entertainment and sports

	Australia	Faroe Islands
Domestic/local beer (1 pint)	$7.20 A$10.36	$9.48 DKK63.08	+31.7%
Cappuccino in mid-range area	$3.95 A$5.68	$6.45 DKK42.89	+63.3%
Pack of cigarettes Marlboro or similar	$36.89 A$53.08	$11.24 DKK74.73	-69.5%
Monthly membership at local gym	$56.05 A$80.64	$55.13 DKK366.67	-1.6%
Movie ticket to theater/cinema	$14.44 A$20.77	$16.10 DKK107.11	+11.5%
Average			+5.9%

Australia vs. Faroe Islands - Cost of entertainment and sports

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pay 57.6% more for clothing

	Australia	Faroe Islands
Regular jeans Levi's brand	$77.86 A$112.01	$140.41 DKK933.87	+80.3%
Regular dress from H&M or similar store	$53.33 A$76.73	$59.92 DKK398.56	+12.4%
Running shoes Nike or Adidas	$112.59 A$161.98	$166.66 DKK1,108.49	+48.0%
Men's business shoes (leather)	$118.82 A$170.94	$244.68 DKK1,627.45	+105.9%
Average			+57.6%

Australia vs. Faroe Islands - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Australia vs. Faroe Islands

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Quality of Life Comparison · 5 statistics

Make 13.9% more money in Faroe Islands

Size Comparison · See true size

Australia is about 5,557 times bigger than Faroe Islands.

Moving from Australia to Faroe Islands · Cost, visas & climate

Compare cost of living, salary and climate.

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