Cost of living comparison
compared to
Reykjavik vs. Faroe Islands Cost of Living Summary
Reykjavik is 16.2% more expensive than Faroe Islands overall.
- Restaurants
-
pay 7.2% more in Reykjavik
- Groceries
-
pay 29.4% more in Reykjavik
- Transportation
-
pay 22.0% more in Reykjavik
- Housing
-
pay 56.8% more in Reykjavik
- Childcare
-
pay 41.8% less in Reykjavik
- Entertainment and Sports
-
pay 34.5% more in Reykjavik
- Clothing
-
pay 5.4% more in Reykjavik
The cost of housing, entertainment and sports, groceries, transportation, restaurants, and clothing in Reykjavik are more expensive than in Faroe Islands.
Reykjavik vs. Faroe Islands Cost Breakdown
If you lived in Reykjavik instead of Faroe Islands, you would:
pay 7.2% more for restaurants
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$24.88
DKK158.72
|
$27.48
ISK3,452
|
|
|
Fast food combo meal
McDonalds, or similar
|
$20.13
DKK128.41
|
$22.76
ISK2,859
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.21
DKK20.49
|
$3.34
ISK419
|
|
| Bottle of water (11 fl. oz) |
$2.66
DKK16.97
|
$2.70
ISK339
|
|
Faroe Islands vs. Reykjavik - Cost of restaurants
pay 29.4% more for groceries
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$7.99
DKK50.99
|
$4.63
ISK582
|
|
| Local cheese (8 oz) |
$6.13
DKK39.10
|
$9.44
ISK1,186
|
|
| Milk (1 gallon) |
$10.29
DKK65.68
|
$7.63
ISK959
|
|
|
Eggs
1 dozen
|
$5.83
DKK37.21
|
$6.50
ISK817
|
|
| Boneless chicken breast (1 lb) |
$6.39
DKK40.76
|
$11.29
ISK1,419
|
|
| Apples (1 lb) |
$1.06
DKK6.79
|
$1.59
ISK200
|
|
| Bananas (1 lb) |
$1.28
DKK8.15
|
$1.17
ISK147
|
|
| Oranges (1 lb) |
$1.42
DKK9.06
|
$1.49
ISK187
|
|
| Tomatoes (1 lb) |
$0.85
DKK5.43
|
$2.54
ISK319
|
|
| Potatoes (1 lb) |
$1.28
DKK8.15
|
$1.70
ISK213
|
|
| Onions (1 lb) |
$1.56
DKK9.96
|
$1.13
ISK142
|
|
Faroe Islands vs. Reykjavik - Cost of groceries
pay 22.0% more for transportation
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.92
DKK50.52
|
$9.66
ISK1,214
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,129
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$50,771.00
ISK6,378,360
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$28.07
ISK3,526
|
|
Faroe Islands vs. Reykjavik - Cost of transportation
pay 56.8% more for housing
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$70.42
DKK449.31
|
$81.97
ISK10,298
|
|
| 1-Bedroom apartment in downtown area |
$898.43
DKK5,732.07
|
$2,259.48
ISK283,859
|
|
| 1-Bedroom apartment outside city center |
$1,017.24
DKK6,490.10
|
$2,034.90
ISK255,645
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$102.42
DKK653.47
|
$60.87
ISK7,648
|
|
Faroe Islands vs. Reykjavik - Cost of housing
pay 41.8% less for childcare
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$563.40
DKK3,594.52
|
$327.78
ISK41,179
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK3,858,233
|
|
Faroe Islands vs. Reykjavik - Cost of childcare
pay 34.5% more for entertainment and sports
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.39
DKK59.91
|
$13.12
ISK1,649
|
|
| Cappuccino in mid-range area |
$7.09
DKK45.23
|
$6.17
ISK776
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.95
DKK69.89
|
$13.94
ISK1,751
|
|
| Monthly membership at local gym |
$40.90
DKK260.94
|
$87.35
ISK10,974
|
|
| Movie ticket to theater/cinema |
$16.43
DKK104.84
|
$17.18
ISK2,159
|
|
Faroe Islands vs. Reykjavik - Cost of entertainment and sports
pay 5.4% more for clothing
|
Faroe Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$153.84
DKK981.50
|
$145.10
ISK18,228
|
|
|
Regular dress
from H&M or similar store
|
$62.60
DKK399.39
|
$63.97
ISK8,036
|
|
|
Running shoes
Nike or Adidas
|
$169.54
DKK1,081.68
|
$193.43
ISK24,301
|
|
| Men's business shoes (leather) |
$224.31
DKK1,431.15
|
$248.79
ISK31,256
|
|
Faroe Islands vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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See the
cost of living in Faroe Islands vs. Iceland.
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