Cost of living comparison

South Korea

compared to

Faroe Islands

Faroe Islands vs. South Korea Cost of Living Summary

Faroe Islands is 53.5% more expensive than South Korea overall.

Restaurants: pay 2.8 times more in Faroe Islands
Groceries: pay 23.2% more in Faroe Islands
Transportation: pay 2.0% less in Faroe Islands
Housing: pay 81.3% more in Faroe Islands
Childcare: pay 10.6% less in Faroe Islands
Entertainment and Sports: pay 69.0% more in Faroe Islands
Clothing: pay 85.5% more in Faroe Islands

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

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Faroe Islands vs. South Korea Cost Breakdown

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

Display currency: USD

pay 2.8 times more for restaurants

	South Korea	Faroe Islands
Basic meal with drink at inexpensive restaurant	$7.06 ₩9,413	$18.71 DKK125.29	+165.0%
Fast food combo meal McDonalds, or similar	$6.17 ₩8,222	$19.96 DKK133.67	+223.7%
Bottle of Coca-Cola (11 fl. oz)	$1.53 ₩2,037	$3.12 DKK20.90	+104.3%
Bottle of water (11 fl. oz)	$0.88 ₩1,180	$2.37 DKK15.89	+168.0%
Average			+177.2%

South Korea vs. Faroe Islands - Cost of restaurants

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pay 23.2% more for groceries

	South Korea	Faroe Islands
Bread 1 loaf	$3.04 ₩4,051	$8.07 DKK54.05	+165.6%
Local cheese (8 oz)	$6.12 ₩8,166	$6.92 DKK46.34	+13.0%
Milk (1 gallon)	$8.23 ₩10,971	$9.97 DKK66.80	+21.2%
Eggs 1 dozen	$2.94 ₩3,919	$6.35 DKK42.54	+116.1%
Boneless chicken breast (1 lb)	$4.11 ₩5,479	$6.46 DKK43.23	+57.1%
Apples (1 lb)	$4.00 ₩5,336	$1.83 DKK12.29	-54.2%
Bananas (1 lb)	$1.55 ₩2,067	$2.51 DKK16.84	+62.2%
Oranges (1 lb)	$3.00 ₩3,996	$2.72 DKK18.20	-9.3%
Tomatoes (1 lb)	$2.63 ₩3,510	$2.34 DKK15.70	-10.9%
Potatoes (1 lb)	$2.03 ₩2,713	$1.65 DKK11.07	-18.7%
Onions (1 lb)	$1.26 ₩1,683	$2.08 DKK13.96	+65.1%
Average			+23.2%

South Korea vs. Faroe Islands - Cost of groceries

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pay 2.0% less for transportation

	South Korea	Faroe Islands
Gasoline (1 gallon)	$5.01 ₩6,678	$6.59 DKK44.11	+31.5%
Monthly public transit pass	$46.10 ₩61,477	$29.96 DKK200.66	-35.0%
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%

South Korea vs. Faroe Islands - Cost of transportation

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pay 81.3% more for housing

	South Korea	Faroe Islands
Internet connection 50 mbps or faster, cable/dsl	$24.34 ₩32,458	$89.88 DKK601.99	+269.3%
1-Bedroom apartment in downtown area	$561.73 ₩749K	$1,084.60 DKK7,264.01	+93.1%
1-Bedroom apartment outside city center	$387.83 ₩517K	$894.30 DKK5,989.49	+130.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$153.72 ₩205K	$98.04 DKK656.64	-36.2%
Average			+81.3%

South Korea vs. Faroe Islands - Cost of housing

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pay 10.6% less for childcare

	South Korea	Faroe Islands
Private preschool for 1 child, monthly	$545.93 ₩728K	$488.12 DKK3,269.14	-10.6%
Middle school for 1 child, two semesters	$20,214.53 ₩27M	??
Average			-10.6%

South Korea vs. Faroe Islands - Cost of childcare

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pay 69.0% more for entertainment and sports

	South Korea	Faroe Islands
Domestic/local beer (1 pint)	$3.30 ₩4,398	$9.48 DKK63.52	+187.5%
Cappuccino in mid-range area	$3.66 ₩4,884	$6.45 DKK43.19	+76.1%
Pack of cigarettes Marlboro or similar	$3.35 ₩4,463	$11.24 DKK75.25	+235.7%
Monthly membership at local gym	$57.32 ₩76,432	$55.13 DKK369.22	-3.8%
Movie ticket to theater/cinema	$11.28 ₩15,047	$16.10 DKK107.86	+42.7%
Average			+69.0%

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

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pay 85.5% more for clothing

	South Korea	Faroe Islands
Regular jeans Levi's brand	$67.53 ₩90,049	$140.41 DKK940.36	+107.9%
Regular dress from H&M or similar store	$53.43 ₩71,245	$59.92 DKK401.33	+12.2%
Running shoes Nike or Adidas	$78.10 ₩104K	$166.66 DKK1,116.19	+113.4%
Men's business shoes (leather)	$102.84 ₩137K	$244.68 DKK1,638.75	+137.9%
Average			+85.5%

South Korea vs. Faroe Islands - 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: South Korea vs. Faroe Islands

Salary Calculator · Free tool

What salary would you need in Faroe Islands?

Quality of Life Comparison · 8 statistics

Make 2.0 times more money in Faroe Islands

Size Comparison · See true size

South Korea is about 72 times bigger than Faroe Islands.

Moving from South Korea to Faroe Islands · UN DESA 2020

59 people born in South Korea live in Faroe Islands.

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