Cost of living comparison

compared to

Faroe Islands vs. Prague Cost of Living Summary

Faroe Islands is 45.0% more expensive than Prague.

Restaurants
pay 91.3% more in Faroe Islands
Groceries
pay 80.2% more in Faroe Islands
Transportation
pay 17.7% more in Faroe Islands
Housing
pay 29.8% more in Faroe Islands
Childcare
pay 43.7% less in Faroe Islands
Entertainment and Sports
pay 70.2% more in Faroe Islands
Clothing
pay 69.5% more in Faroe Islands

The cost of restaurants, groceries, entertainment and sports, clothing, housing, and transportation in Faroe Islands are more expensive than in Prague. Notably, restaurants and groceries are significantly more expensive in Faroe Islands.

Faroe Islands vs. Prague Cost Breakdown

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

pay 91.3% more for restaurants

 
Prague
Faroe Islands
Basic meal with drink at inexpensive restaurant $10.56
CZK219.42
$24.88
DKK158.72
Fast food combo meal
McDonalds, or similar
$9.60
CZK199.47
$20.13
DKK128.41
Bottle of Coca-Cola (11 fl. oz) $1.95
CZK40.61
$3.21
DKK20.49

Improve prices ·

pay 80.2% more for groceries

 
Prague
Faroe Islands
Bread
1 loaf
$1.73
CZK35.91
$7.99
DKK50.99
Local cheese (8 oz) $6.52
CZK135.39
$6.13
DKK39.10
Milk (1 gallon) $4.77
CZK99.07
$10.29
DKK65.68

Improve prices ·

pay 17.7% more for transportation

 
Prague
Faroe Islands
Gasoline (1 gallon) $6.73
CZK139.78
$7.92
DKK50.52
Monthly public transit pass $26.40
CZK548.55
??
New Volkswagen Golf 1.4 (standard edition) $31,197.57
CZK648,282.45
??

Improve prices ·

pay 29.8% more for housing

 
Prague
Faroe Islands
Internet connection
50 mbps or faster, cable/dsl
$23.93
CZK497.25
$70.42
DKK449.31
1-Bedroom apartment in downtown area $1,194.06
CZK24,812.53
$898.43
DKK5,732.07
1-Bedroom apartment outside city center $923.20
CZK19,184.00
$1,017.24
DKK6,490.10

Improve prices ·

pay 43.7% less for childcare

 
Prague
Faroe Islands
Private preschool for 1 child, monthly $999.92
CZK20,778.28
$563.40
DKK3,594.52
Middle school for 1 child, two semesters $15,274.81
CZK317,409.06
??

Improve prices ·

pay 70.2% more for entertainment and sports

 
Prague
Faroe Islands
Domestic/local beer (1 pint) $2.88
CZK59.84
$9.39
DKK59.91
Cappuccino in mid-range area $3.74
CZK77.82
$7.09
DKK45.23
Pack of cigarettes
Marlboro or similar
$7.73
CZK160.57
$10.95
DKK69.89

Improve prices ·

pay 69.5% more for clothing

 
Prague
Faroe Islands
Regular jeans
Levi's brand
$79.19
CZK1,645.64
$153.84
DKK981.50
Regular dress
from H&M or similar store
$39.41
CZK818.86
$62.60
DKK399.39
Running shoes
Nike or Adidas
$106.09
CZK2,204.50
$169.54
DKK1,081.68

Improve prices ·
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
Share this

Compare countries by overall cost of living

See the cost of living in Czech Republic vs. Faroe Islands. This provides a comparison of the average cost of living from cities within Czech Republic and Faroe Islands.

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

ASK THE ELSEWHERE COMMUNITY

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