Cost of Living in Torshavn

Cost of livingOne personFamily of 4
💰 Total with rent
$1903
$4252
🛋️ Without rent
$976
$2741
🏨 Rent & Utilities
$927
$1511
🍽️ Food
$722
$1877
🚐 Transport
$69.6
$194
💳 Monthly salary after tax
$2503
😀 Quality of life
55
🏙️ Population
13.3K

The average cost of living in Torshavn is $1903, which is in the top 6% of the most expensive cities in the world, ranked 521st out of 9294 in our global list and 5th out of 27 in Denmark.

The median after-tax salary is $2503, which is enough to cover living expenses for 1.3 months. Ranked 5684th (TOP 61%) in the list of best places to live in the world and 27th best city to live in Denmark. With an estimated population of 13.3K, Torshavn is the 27th largest city in Denmark.

✈️ Closest airport27 kmVagar Airport
😷 Air qualityExcellent6.3 µg/m³
Cost of living in Torshavn infographic

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Prices in Torshavn

Eating Out
🍱 Lunch Menu
$32.8
🥂 Dinner in a Restaurant, for 2
$71.6
🥪 Fast food meal, equiv. McDonald's
$16
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$6.36
 Cappuccino
$5.32
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.94
Rent & Utilities
🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2
$910
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$694
🏙️ 3 bedroom apartment in city Center, 80 m2 or 860 ft2
$1346
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1235
🔌 Utility Bill one person, electricity, heating, water, etc.
$121
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$185
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$69
🏦 Mortgage Interest Rate for 20 Years
3.18%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3400
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1593
Transportation
🚌 Local transport ticket
$3.73
🎟️ Monthly ticket local transport
$48.4
🚕 Taxi Ride, 8 km or 5 mi
$25.3
 Gas / Petrol, 1 L or 0.26 gal
$1.44
Groceries
🥛 Milk, 1 L or 1 qt
$1.94
🍞 Bread, 0.5 kg or 1.1 lb
$3.66
🍚 Rice, 1 kg or 2.2 lb
$2.92
🥚 Eggs, x12
$4.53
🧀 Cheese, 1 kg or 2.2 lb
$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.54
🥩 Round Steak, 1 kg or 2.2 lb
$11.2
🍏 Apples, 1 kg or 2.2 lb
$2.82
🍌 Banana, 1 kg or 2.2 lb
$3.96
🍊 Oranges, 1 kg or 2.2 lb
$3.95
🍅 Tomato, 1 kg or 2.2 lb
$4.39
🥔 Potato, 1 kg or 2.2 lb
$2.8
🧅 Onion, 1 kg or 2.2 lb
$3.96
🌊 Water, 1 L or 1 qt
$1.29
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$5.59
🍾 Wine (mid-priced), 750 mL bottle
$23
🍺 Beer, 0.5 L or 16 fl oz
$4.27
🚬 Cigarette pack
$9.8
💊 Cold medicince, 1 week
$10.9
🧴 Hair Shampoo
$5.57
🧻 Toilet paper, 4 rolls
$2.75
👄 Toothpaste, 1 tube
$3.16
Other
🏋️ Gym Membership, 1 month
$60.3
🎫 Cinema Ticket, 1 person
$16.4
👩‍⚕️ Doctor's visit
$83.6
💇 Haircut, simple
$26.1
👖 Brand Jeans
$109
👟 Brand Sneakers
$130
👶 Daycare or Preschool, 1 month
$237
🏫 International Primary School, 1 year
$1175

Torshavn hotels map