Cost of living comparison
compared to
Faroe Islands vs. Latvia Cost of Living Summary
Faroe Islands is 89.4% more expensive than Latvia overall.
- Restaurants
-
pay 93.8% more in Faroe Islands
- Groceries
-
pay 2.6 times more in Faroe Islands
- Transportation
-
pay 13.6% less in Faroe Islands
- Housing
-
pay 2.4 times more in Faroe Islands
- Childcare
-
pay 0.1% less in Faroe Islands
- Entertainment and Sports
-
pay 71.4% more in Faroe Islands
- Clothing
-
pay 92.8% more in Faroe Islands
The cost of groceries, housing, restaurants, clothing, and entertainment and sports in Faroe Islands are more expensive than in Latvia. Expenses including transportation and childcare are lower in Faroe Islands. Notably, groceries, housing, and restaurants are significantly more expensive in Faroe Islands.
Faroe Islands vs. Latvia Cost Breakdown
If you lived in Faroe Islands instead of Latvia, you would:
pay 93.8% more for restaurants
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.94
€10.66
|
$18.71
DKK125.29
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.15
€7.27
|
$19.96
DKK133.67
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.51
€1.35
|
$3.12
DKK20.90
|
|
| Bottle of water (11 fl. oz) |
$1.14
€1.02
|
$2.37
DKK15.89
|
|
Latvia vs. Faroe Islands - Cost of restaurants
pay 2.6 times more for groceries
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.29
€1.15
|
$8.07
DKK54.05
|
|
| Local cheese (8 oz) |
$5.22
€4.66
|
$6.92
DKK46.34
|
|
| Milk (1 gallon) |
$4.36
€3.90
|
$9.97
DKK66.80
|
|
|
Eggs
1 dozen
|
$3.19
€2.85
|
$6.35
DKK42.54
|
|
| Boneless chicken breast (1 lb) |
$3.48
€3.10
|
$6.46
DKK43.23
|
|
| Apples (1 lb) |
$0.85
€0.76
|
$1.83
DKK12.29
|
|
| Bananas (1 lb) |
$0.80
€0.72
|
$2.51
DKK16.84
|
|
| Oranges (1 lb) |
$1.09
€0.97
|
$2.72
DKK18.20
|
|
| Tomatoes (1 lb) |
$1.31
€1.17
|
$2.34
DKK15.70
|
|
| Potatoes (1 lb) |
$0.39
€0.35
|
$1.65
DKK11.07
|
|
| Onions (1 lb) |
$0.42
€0.37
|
$2.08
DKK13.96
|
|
Latvia vs. Faroe Islands - Cost of groceries
pay 13.6% less for transportation
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.10
€6.34
|
$6.59
DKK44.11
|
|
| Monthly public transit pass |
$38.26
€34.16
|
$29.96
DKK200.66
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,434.34
€23,603.15
|
?? | |
| Taxi trip in downtown area (5 miles) |
$9.18
€8.20
|
?? | |
Latvia vs. Faroe Islands - Cost of transportation
pay 2.4 times more for housing
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.53
€15.65
|
$89.88
DKK601.99
|
|
| 1-Bedroom apartment in downtown area |
$356.67
€318.47
|
$1,084.60
DKK7,264.01
|
|
| 1-Bedroom apartment outside city center |
$264.56
€236.22
|
$894.30
DKK5,989.49
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$227.24
€202.90
|
$98.04
DKK656.64
|
|
Latvia vs. Faroe Islands - Cost of housing
pay 0.1% less for childcare
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$488.72
€436.37
|
$488.12
DKK3,269.14
|
|
| Middle school for 1 child, two semesters |
$15,452.35
€13,797.36
|
?? | |
Latvia vs. Faroe Islands - Cost of childcare
pay 71.4% more for entertainment and sports
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.53
€4.04
|
$9.48
DKK63.52
|
|
| Cappuccino in mid-range area |
$3.14
€2.80
|
$6.45
DKK43.19
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.10
€5.45
|
$11.24
DKK75.25
|
|
| Monthly membership at local gym |
$42.36
€37.82
|
$55.13
DKK369.22
|
|
| Movie ticket to theater/cinema |
$9.96
€8.90
|
$16.10
DKK107.86
|
|
Latvia vs. Faroe Islands - Cost of entertainment and sports
pay 92.8% more for clothing
|
Latvia
|
Faroe Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$66.25
€59.16
|
$140.41
DKK940.36
|
|
|
Regular dress
from H&M or similar store
|
$39.10
€34.91
|
$59.92
DKK401.33
|
|
|
Running shoes
Nike or Adidas
|
$77.76
€69.43
|
$166.66
DKK1,116.19
|
|
| Men's business shoes (leather) |
$123.17
€109.98
|
$244.68
DKK1,638.75
|
|
Latvia vs. Faroe Islands - Cost of clothing
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
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Compare further: Latvia vs. Faroe Islands
Salary Calculator · Free tool
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Quality of Life Comparison · 8 statistics
Make 2.8 times more money in Faroe Islands
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Size Comparison · See true size
Latvia is about 46 times bigger than Faroe Islands.
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Moving from Latvia to Faroe Islands · Cost, visas & climate
Compare cost of living, salary and climate.
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