Cost of living comparison

Faroe Islands

compared to

Australia

Canberra vs. Torshavn Cost of Living Summary

Canberra is 16.1% more expensive than Torshavn.

Restaurants: pay 34.3% less in Canberra
Groceries: pay 26.5% less in Canberra
Transportation: pay 37.3% more in Canberra
Housing: pay 52.2% more in Canberra
Childcare: pay 4.9 times more in Canberra
Entertainment and Sports: pay 10.4% more in Canberra
Clothing: pay 33.8% less in Canberra

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

Planning a move to Australia? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Canberra vs. Torshavn Cost Breakdown

If you lived in Canberra instead of Torshavn, you would:

Display currency: USD

pay 34.3% less for restaurants

	Torshavn	Canberra
Basic meal with drink at inexpensive restaurant	$26.22 DKK174.37	$17.41 A$25.04	-33.6%
Fast food combo meal McDonalds, or similar	$19.96 DKK132.75	$10.44 A$15.02	-47.7%
Bottle of Coca-Cola (11 fl. oz)	$3.25 DKK21.58	$3.09 A$4.45	-4.7%
Bottle of water (11 fl. oz)	$2.65 DKK17.60	$2.55 A$3.67	-3.5%
Average			-34.3%

Torshavn vs. Canberra - Cost of restaurants

Improve prices · Change currency (USD)

pay 26.5% less for groceries

	Torshavn	Canberra
Bread 1 loaf	$4.94 DKK32.88	$3.25 A$4.68	-34.2%
Local cheese (8 oz)	$8.24 DKK54.80	$6.48 A$9.32	-21.4%
Milk (1 gallon)	$8.61 DKK57.24	$5.82 A$8.37	-32.4%
Eggs 1 dozen	$6.35 DKK42.25	$5.26 A$7.56	-17.2%
Boneless chicken breast (1 lb)	$6.46 DKK42.94	$4.47 A$6.44	-30.7%
Apples (1 lb)	$1.83 DKK12.20	$1.80 A$2.58	-2.2%
Bananas (1 lb)	$2.51 DKK16.72	$1.43 A$2.06	-43.1%
Oranges (1 lb)	$2.72 DKK18.08	$1.59 A$2.28	-41.7%
Tomatoes (1 lb)	$2.34 DKK15.59	$2.36 A$3.39	+0.6%
Potatoes (1 lb)	$1.65 DKK11.00	$1.41 A$2.03	-14.7%
Onions (1 lb)	$2.08 DKK13.86	$1.26 A$1.81	-39.5%
Average			-26.5%

Torshavn vs. Canberra - Cost of groceries

Improve prices · Change currency (USD)

pay 37.3% more for transportation

	Torshavn	Canberra
Gasoline (1 gallon)	$6.59 DKK43.81	$5.07 A$7.30	-23.0%
Monthly public transit pass	$29.96 DKK199.28	$92.46 A$133.02	+208.6%
New Volkswagen Golf 1.4 (standard edition)	??	$26,937.53 A$38,753.46
Taxi trip in downtown area (5 miles)	??	$16.79 A$24.16
Average			+37.3%

Torshavn vs. Canberra - Cost of transportation

Improve prices · Change currency (USD)

pay 52.2% more for housing

	Torshavn	Canberra
Internet connection 50 mbps or faster, cable/dsl	$89.88 DKK597.84	$55.39 A$79.69	-38.4%
1-Bedroom apartment in downtown area	$1,084.60 DKK7,213.90	$1,743.39 A$2,508.11	+60.7%
1-Bedroom apartment outside city center	$892.85 DKK5,938.52	$1,478.12 A$2,126.48	+65.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$98.04 DKK652.11	$139.13 A$200.16	+41.9%
Average			+52.2%

Torshavn vs. Canberra - Cost of housing

Improve prices · Change currency (USD)

pay 4.9 times more for childcare

	Torshavn	Canberra
Private preschool for 1 child, monthly	$488.12 DKK3,246.59	$2,367.60 A$3,406.13	+385.0%
Middle school for 1 child, two semesters	??	$20,280.48 A$29,176.35
Average			+385.0%

Torshavn vs. Canberra - Cost of childcare

Improve prices · Change currency (USD)

pay 10.4% more for entertainment and sports

	Torshavn	Canberra
Domestic/local beer (1 pint)	$9.48 DKK63.08	$8.35 A$12.02	-11.9%
Cappuccino in mid-range area	$6.91 DKK45.93	$4.03 A$5.79	-41.7%
Pack of cigarettes Marlboro or similar	$11.24 DKK74.73	$44.55 A$64.09	+296.5%
Monthly membership at local gym	$55.13 DKK366.67	$82.62 A$118.86	+49.9%
Movie ticket to theater/cinema	$16.10 DKK107.11	$15.67 A$22.54	-2.7%
Average			+10.4%

Torshavn vs. Canberra - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 33.8% less for clothing

	Torshavn	Canberra
Regular jeans Levi's brand	$140.41 DKK933.87	$76.36 A$109.86	-45.6%
Regular dress from H&M or similar store	$59.92 DKK398.56	$56.12 A$80.74	-6.3%
Running shoes Nike or Adidas	$166.66 DKK1,108.49	$116.35 A$167.39	-30.2%
Men's business shoes (leather)	$244.68 DKK1,627.45	$131.92 A$189.79	-46.1%
Average			-33.8%

Torshavn vs. Canberra - Cost of clothing

Improve prices · Change currency (USD)

We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Torshavn vs. Canberra

Salary Calculator · Free tool

What salary would you need in Canberra?

More cost comparisons

Torshavn vs.

Shanghai

Torshavn vs.

Rome

Torshavn vs.

New York City

Torshavn vs.

Berlin

Torshavn vs.

Paris

Torshavn vs.

Madrid

Torshavn vs.

Kiev

Torshavn vs.

Ho Chi Minh City

Share this

Compare countries by overall cost of living

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

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 Torshavn

Add prices for Canberra

Ask the Elsewhere Community

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