Cost of living in Torshavn is 53% higher than in Valencia (without rent).
Rent in Torshavn is 2% cheaper than in Valencia.
Cost of living including rent in Torshavn is 21% higher than in Valencia.
Food in Torshavn is 74% more expensive than in Valencia.
Transport in Torshavn is 20% cheaper than in Valencia.
| Torshavn | Valencia | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Torshavn | Valencia | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
20.5 $ | 14.1 $ |
| Dinner, for 2 | 135 $ | 48.1 $ |
| Fast food, McDonalds or KFC | 17.5 $ | 11.4 $ |
| Beer, 0.5 L or 16 fl oz | 9.33 $ | 3.65 $ |
| Capuccino | 5.69 $ | 2.78 $ |
| Coke, 330ml | 3.28 $ | 2.13 $ |
Markets |
Milk, 1 L or 1 qt | 2.12 $ | 1.18 $ |
| Bread, 0.5 kg or 1 lb | 3.33 $ | 1.12 $ |
| Rice, 1 kg or 2 lb | 1.97 $ | 1.34 $ |
| Eggs, 12 pack | 4.95 $ | 2.94 $ |
| Cheese, 1 kg or 2 lb | 15.4 $ | 12.1 $ |
| Chicken Breast, 1 kg or 2 lb | 14.4 $ | 7.97 $ |
| Round Steak, 1 kg or 2 lb | 15.8 $ | 13.3 $ |
| Apples, 1 kg or 2 lb | 3.33 $ | 2.4 $ |
| Banana, 1 kg or 2 lb | 2.69 $ | 1.8 $ |
| Oranges, 1 kg or 2 lb | 2.99 $ | 1.9 $ |
| Potatoes, 1 kg or 2 lb | 2.68 $ | 1.73 $ |
| Onions, 1 kg or 2 lb | 3.31 $ | 1.84 $ |
| Water, 1 L or 1 qt | 1.76 $ | 0.42 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 5.82 $ | 2.33 $ |
| Wine, 750 mL bottle | 15.1 $ | 6.39 $ |
| Beer, 0.5 L or 16 fl oz | 3.59 $ | 1.17 $ |
| Cigarette pack | 10.6 $ | 6.04 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 3.43 $ | 1.67 $ |
| Monthly pass, Monthly Ticket | 86.3 $ | 33.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 2.08 $ | 1.78 $ |
| Taxi, 8 km | 25.1 $ | 14.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 63.2 $ | 68.2 $ |
| Cold medicine, for 1 week | 9.35 $ | 11.5 $ |
| Hair shampoo, 400 ml or 12 oz | 4.79 $ | 4.46 $ |
| Toilet paper, 4 rolls | 2.82 $ | 1.94 $ |
| Toothpaste, 1 tube | 3.41 $ | 2.52 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
59.8 $ | 88.2 $ |
| Utility bill - family, electricity, heating, water & garbage |
92.7 $ | 135 $ |
| Internet plan, +60 Mbps |
64 $ | 30.7 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 743 $ | 745 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,244 $ | 1,173 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 895 $ | 1,013 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,611 $ | 1,663 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 4,075 $ | 3,330 $ |
| Price per Square Meter to Buy House, in suburbs | 3,337 $ | 2,166 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 2,256 $ | 2,033 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 3.97 % | 3.62 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 51.9 $ | 40.5 $ |
| Cinema, 1 seat | 15.2 $ | 9.09 $ |
| Haircut | 33.9 $ | 14.5 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 152 $ | 102 $ |
| Brand Jeans, Levis 501 | 145 $ | 91.4 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 534 $ | 529 $ |
| International Primary School, yearly for 1 child | 7,117 $ | 9,693 $ |