Cost of living comparison

compared to

Faroe Islands vs. Hong Kong Cost of Living Summary

Faroe Islands is 32.0% more expensive than Hong Kong overall.

Restaurants: pay 2.7 times more in Faroe Islands
Groceries: pay 27.0% more in Faroe Islands
Transportation: pay 33.5% less in Faroe Islands
Housing: pay 18.4% more in Faroe Islands
Childcare: pay 45.8% less in Faroe Islands
Entertainment and Sports: pay 8.7% more in Faroe Islands
Clothing: pay 74.4% more in Faroe Islands

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

Faroe Islands vs. Hong Kong Cost Breakdown

If you lived in Faroe Islands instead of Hong Kong, you would:

Display currency: USD

pay 2.7 times more for restaurants

	Hong Kong	Faroe Islands
Basic meal with drink at inexpensive restaurant	$7.91 HK$61.52	$24.88 DKK158.26	+214.7%
Fast food combo meal McDonalds, or similar	$6.43 HK$50.01	$20.13 DKK128.05	+213.1%
Bottle of Coca-Cola (11 fl. oz)	$1.39 HK$10.81	$3.21 DKK20.43	+131.2%
Bottle of water (11 fl. oz)	$1.11 HK$8.66	$2.66 DKK16.93	+139.2%
Average			+174.5%

Hong Kong vs. Faroe Islands - Cost of restaurants

Improve prices · Change currency (USD)

pay 27.0% more for groceries

	Hong Kong	Faroe Islands
Bread 1 loaf	$2.19 HK$17.05	$7.99 DKK50.84	+264.7%
Local cheese (8 oz)	$12.44 HK$96.81	$6.13 DKK38.99	-50.7%
Milk (1 gallon)	$11.75 HK$91.42	$10.29 DKK65.49	-12.4%
Eggs 1 dozen	$3.52 HK$27.36	$5.83 DKK37.10	+65.9%
Boneless chicken breast (1 lb)	$4.85 HK$37.74	$6.39 DKK40.64	+31.7%
Apples (1 lb)	$1.57 HK$12.18	$1.06 DKK6.77	-32.0%
Bananas (1 lb)	$1.09 HK$8.46	$1.28 DKK8.13	+17.6%
Oranges (1 lb)	$1.62 HK$12.62	$1.42 DKK9.03	-12.5%
Tomatoes (1 lb)	$1.39 HK$10.78	$0.85 DKK5.42	-38.5%
Potatoes (1 lb)	$1.10 HK$8.56	$1.28 DKK8.13	+16.2%
Onions (1 lb)	$1.06 HK$8.24	$1.56 DKK9.94	+47.4%
Average			+27.0%

Hong Kong vs. Faroe Islands - Cost of groceries

Improve prices · Change currency (USD)

pay 33.5% less for transportation

	Hong Kong	Faroe Islands
Gasoline (1 gallon)	$11.90 HK$92.58	$7.92 DKK50.37	-33.5%
Monthly public transit pass	$67.49 HK$525.15	??
New Volkswagen Golf 1.4 (standard edition)	$38,564.70 HK$300,085.46	??
Taxi trip in downtown area (5 miles)	$14.53 HK$113.03	??
Average			-33.5%

Hong Kong vs. Faroe Islands - Cost of transportation

Improve prices · Change currency (USD)

pay 18.4% more for housing

	Hong Kong	Faroe Islands
Internet connection 50 mbps or faster, cable/dsl	$22.19 HK$172.67	$70.42 DKK448.03	+217.4%
1-Bedroom apartment in downtown area	$2,349.29 HK$18,280.63	$898.43 DKK5,715.63	-61.8%
1-Bedroom apartment outside city center	$1,688.04 HK$13,135.21	$1,017.24 DKK6,471.49	-39.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$177.52 HK$1,381.38	$102.42 DKK651.60	-42.3%
Average			+18.4%

Hong Kong vs. Faroe Islands - Cost of housing

Improve prices · Change currency (USD)

pay 45.8% less for childcare

	Hong Kong	Faroe Islands
Private preschool for 1 child, monthly	$1,038.61 HK$8,081.78	$563.40 DKK3,584.21	-45.8%
Middle school for 1 child, two semesters	$22,248.89 HK$173,126.37	??
Average			-45.8%

Hong Kong vs. Faroe Islands - Cost of childcare

Improve prices · Change currency (USD)

pay 8.7% more for entertainment and sports

	Hong Kong	Faroe Islands
Domestic/local beer (1 pint)	$6.48 HK$50.45	$9.39 DKK59.74	+44.8%
Cappuccino in mid-range area	$5.23 HK$40.70	$7.09 DKK45.10	+35.5%
Pack of cigarettes Marlboro or similar	$13.11 HK$102.03	$10.95 DKK69.69	-16.5%
Monthly membership at local gym	$79.18 HK$616.09	$40.90 DKK260.19	-48.3%
Movie ticket to theater/cinema	$12.85 HK$100.03	$16.43 DKK104.54	+27.8%
Average			+8.7%

Hong Kong vs. Faroe Islands - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 74.4% more for clothing

	Hong Kong	Faroe Islands
Regular jeans Levi's brand	$74.06 HK$576.31	$153.84 DKK978.69	+107.7%
Regular dress from H&M or similar store	$42.18 HK$328.19	$62.60 DKK398.25	+48.4%
Running shoes Nike or Adidas	$91.97 HK$715.69	$169.54 DKK1,078.58	+84.3%
Men's business shoes (leather)	$142.80 HK$1,111.14	$224.31 DKK1,427.05	+57.1%
Average			+74.4%

Hong Kong vs. Faroe Islands - Cost of clothing

Improve prices · Change currency (USD)

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

More cost comparisons

Hong Kong vs.

Peru

Hong Kong vs.

Iceland

Hong Kong vs.

Ireland

Hong Kong vs.

Vietnam

Hong Kong vs.

Poland

Hong Kong vs.

United States

Hong Kong vs.

China

Hong Kong vs.

Russia

Share this

Compare by city

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Hong Kong

Add prices for Faroe Islands

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Faroe Islands or Hong Kong. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.