Cost of living comparison

Faroe Islands

compared to

South Korea

South Korea vs. Faroe Islands Cost of Living Summary

South Korea is 34.9% cheaper than Faroe Islands overall.

Restaurants: pay 63.9% less in South Korea
Groceries: pay 18.9% less in South Korea
Transportation: pay 2.0% more in South Korea
Housing: pay 44.9% less in South Korea
Childcare: pay 11.8% more in South Korea
Entertainment and Sports: pay 40.8% less in South Korea
Clothing: pay 46.1% less in South Korea

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

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South Korea vs. Faroe Islands Cost Breakdown

If you lived in South Korea instead of Faroe Islands, you would:

Display currency: USD

pay 63.9% less for restaurants

	Faroe Islands	South Korea
Basic meal with drink at inexpensive restaurant	$18.71 DKK125.29	$7.06 ₩9,413	-62.3%
Fast food combo meal McDonalds, or similar	$19.96 DKK133.67	$6.17 ₩8,222	-69.1%
Bottle of Coca-Cola (11 fl. oz)	$3.12 DKK20.90	$1.53 ₩2,037	-51.1%
Bottle of water (11 fl. oz)	$2.37 DKK15.89	$0.88 ₩1,180	-62.7%
Average			-63.9%

Faroe Islands vs. South Korea - Cost of restaurants

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pay 18.9% less for groceries

	Faroe Islands	South Korea
Bread 1 loaf	$8.07 DKK54.05	$3.04 ₩4,051	-62.4%
Local cheese (8 oz)	$6.92 DKK46.34	$6.12 ₩8,166	-11.5%
Milk (1 gallon)	$9.97 DKK66.80	$8.23 ₩10,971	-17.5%
Eggs 1 dozen	$6.35 DKK42.54	$2.94 ₩3,919	-53.7%
Boneless chicken breast (1 lb)	$6.46 DKK43.23	$4.11 ₩5,479	-36.4%
Apples (1 lb)	$1.83 DKK12.29	$4.00 ₩5,336	+118.1%
Bananas (1 lb)	$2.51 DKK16.84	$1.55 ₩2,067	-38.3%
Oranges (1 lb)	$2.72 DKK18.20	$3.00 ₩3,996	+10.2%
Tomatoes (1 lb)	$2.34 DKK15.70	$2.63 ₩3,510	+12.3%
Potatoes (1 lb)	$1.65 DKK11.07	$2.03 ₩2,713	+23.0%
Onions (1 lb)	$2.08 DKK13.96	$1.26 ₩1,683	-39.4%
Average			-18.9%

Faroe Islands vs. South Korea - Cost of groceries

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pay 2.0% more for transportation

	Faroe Islands	South Korea
Gasoline (1 gallon)	$6.59 DKK44.11	$5.01 ₩6,678	-24.0%
Monthly public transit pass	$29.96 DKK200.66	$46.10 ₩61,477	+53.9%
New Volkswagen Golf 1.4 (standard edition)	??	$28,394.53 ₩38M
Taxi trip in downtown area (5 miles)	??	$8.59 ₩11,459
Average			+2.0%

Faroe Islands vs. South Korea - Cost of transportation

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pay 44.9% less for housing

	Faroe Islands	South Korea
Internet connection 50 mbps or faster, cable/dsl	$89.88 DKK601.99	$24.34 ₩32,458	-72.9%
1-Bedroom apartment in downtown area	$1,084.60 DKK7,264.01	$561.73 ₩749K	-48.2%
1-Bedroom apartment outside city center	$894.30 DKK5,989.49	$387.83 ₩517K	-56.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$98.04 DKK656.64	$153.72 ₩205K	+56.8%
Average			-44.9%

Faroe Islands vs. South Korea - Cost of housing

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pay 11.8% more for childcare

	Faroe Islands	South Korea
Private preschool for 1 child, monthly	$488.12 DKK3,269.14	$545.93 ₩728K	+11.8%
Middle school for 1 child, two semesters	??	$20,214.53 ₩27M
Average			+11.8%

Faroe Islands vs. South Korea - Cost of childcare

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pay 40.8% less for entertainment and sports

	Faroe Islands	South Korea
Domestic/local beer (1 pint)	$9.48 DKK63.52	$3.30 ₩4,398	-65.2%
Cappuccino in mid-range area	$6.45 DKK43.19	$3.66 ₩4,884	-43.2%
Pack of cigarettes Marlboro or similar	$11.24 DKK75.25	$3.35 ₩4,463	-70.2%
Monthly membership at local gym	$55.13 DKK369.22	$57.32 ₩76,432	+4.0%
Movie ticket to theater/cinema	$16.10 DKK107.86	$11.28 ₩15,047	-29.9%
Average			-40.8%

Faroe Islands vs. South Korea - Cost of entertainment and sports

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pay 46.1% less for clothing

	Faroe Islands	South Korea
Regular jeans Levi's brand	$140.41 DKK940.36	$67.53 ₩90,049	-51.9%
Regular dress from H&M or similar store	$59.92 DKK401.33	$53.43 ₩71,245	-10.8%
Running shoes Nike or Adidas	$166.66 DKK1,116.19	$78.10 ₩104K	-53.1%
Men's business shoes (leather)	$244.68 DKK1,638.75	$102.84 ₩137K	-58.0%
Average			-46.1%

Faroe Islands vs. South Korea - 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 November 2026). How we calculate this

Compare further: Faroe Islands vs. South Korea

Salary Calculator · Free tool

What salary would you need in South Korea?

Quality of Life Comparison · 8 statistics

Make 51.2% less money in South Korea

Size Comparison · See true size

Faroe Islands is about 72 times smaller than South Korea.

Moving from Faroe Islands to South Korea · Cost, visas & climate

Compare cost of living, salary and climate.

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