Faroe Islands is about 104 times smaller than Iowa.

Iowa is approximately 144,701 sq km, while Faroe Islands is approximately 1,393 sq km, making Faroe Islands 0.96% the size of Iowa. Meanwhile, the population of Iowa is ~3.0 million people (3.0 million fewer people live in Faroe Islands).
Tip: This to-scale comparison of Iowa vs. Faroe Islands uses the Mercator projection, which distorts the size of regions near the poles.