Cost of living index in Faroe Islands

Milk (1Liter / 0.26Gallon) 1.69 (USD)
Eggs (30 pack) 8.69 (USD)
White bread (100g loaf) 0.91 (USD)
Rice (1kg / 2.2lbs) 2.88 (USD)
Cheese (1kg / 2.2lbs) 11.83 (USD)
Boneless chicken breast (1kg / 2.2lbs) 10.06 (USD)
Beef steak (1kg / 2.2lbs) 8.46 (USD)
Banana (1kg / 2.2lbs) 3.59 (USD)
Oranges (1kg / 2.2lbs) 3.52 (USD)
Apples (1kg / 2.2lbs) 3.55 (USD)
Onions (1kg / 2.2lbs) 3.45 (USD)
Potato (1kg / 2.2lbs) 0.77 (USD)
Tomato (1kg / 2.2lbs) 4.91 (USD)
Lettuce (1 leaf) 3.3 (USD)
Bottle of Water (1.5L / 50oz) 2.41 (USD)
Bottle of Red Wine 17.39 (USD)
Local beer (33cl / 11oz) 2.49 (USD)
Imported beer (33cl / 11oz) 3.15 (USD)
Pack of cigarettes (20 units) 10 (USD)
Fast food meal (MCD Big mac) 14.34 (USD)
Meal in cheap restaurant 22.64 (USD)
Meal in high end restaurant 100.05 (USD)
Bottle of Water (33cl / 11oz) 1.83 (USD)
Cup of coffee 3.77 (USD)
Limonade (Coca cola) 2.84 (USD)
Local beer (33cl / 11oz) 2.93 (USD)
Imported beer (33cl / 11oz) 3.84 (USD)
Sport shoes (Nike / Adidas) 131.81 (USD)
Mens Dress shoes 216.99 (USD)
High quality jeans 66.05 (USD)
womens summer dress 50.21 (USD)
Taxi minimum charge 11.72 (USD)
Taxi fare (1km / 0.6mile) 12.05 (USD)
Taxi 1 hour waiting 59.78 (USD)
Bus or metro ticket (One way) 0 (USD)
One month pass 0 (USD)
Gas price (1Liter / 0.26Gallon) 1.42 (USD)
Mid range compact car (Honda Civic) 38183.8 (USD)
Mid range family car (Toyota corolla) 41147.8 (USD)
Gym monthly membership cost 51.39 (USD)
1 hour tennis court rental 0 (USD)
Cinema ticket price 15.25 (USD)
1 bedroom flat in city center 1035.96 (USD)
3 bedrooms flat in city center 1945.31 (USD)
1 bedroom flat outside city center 911.51 (USD)
3 bedrooms flat outside city center 1800.97 (USD)
Square meter price in city center 1849.41 (USD)
Square meter price outside city center 1464.59 (USD)
Monthly (Natural Gas, Electricity, Water, AC) for family 457.31 (USD)
50 mbps unlimited internet (ADSL or Fiber optic) 70.76 (USD)
Local calls mobile tariff for 1 mn 0.38 (USD)
Kindergarten or preschool monthly fees 286.94 (USD)
Average primary, secondary and high school yearly fees 0 (USD)
Average monthly net salary 2409.1 (USD)
Average yearly interest rates on home loans 3.1 %

Grocery budget for one person per month in Faroe Islands

On average a signle person can spend arround 209 (USD) a month which is considered on the expensive side comparing to other places in the world. This will cover all your supermarket needs such as fruit, vegetables, dairy products and drinking water.
Note that cigarettes, beers and wine are excluded from this expenses report.

Grocery budget for two people per month in Faroe Islands

358 (USD) will be enough for grocery shopping for a couple or two people splitting supermarket expenses.
this budget is considered a bit expensive if we compare it to the average worldwide, this budget will cover their monthly needs on dairy products, fruits and veggies and all other supermarket expenses excluding cigarettes, wine and beer.

Grocery budget for family of 4 per month in Faroe Islands

Grocery expenses for family of 4 people can be on average 565 (USD) per month in Faroe Islands, if we compare it to other big cities in the world this amount is considered not cheap at all.
This report is taking in consideration all monthly needs for the family from supermarket including bakery and dairy products.

Cost of living by city in Faroe Islands