Faroe Islands

Capital
Tรณrshavn
Region
Northern Europe
Population, 2025
55,000
Currency
DKK
Area
1,393 kmยฒ

Across Faroe Islands's 1 priced cities, one person needs about $2,463 a month, rent included; the average net salary is $3,276.

Medium confidence1 cities in the index
2 cities, coloured by livability; the city table below lists them all.

Livability

The same seven domains as for cities, scored at country level; safety falls back to the homicide rate where Numbeo has no survey.

70out of 100
LivabilityMedium confidence
  • Purchasing power25%72
  • Safety20%82
  • Health care15%No data
  • Climate10%No data
  • Air quality10%94
  • Connectivity10%No data
  • Cost10%18
How each domain is scored
Purchasing power, 25%
What a local net salary buys against local prices, as a percentile.
Safety, 20%
Numbeo safety index for the city, or for its country when the city has no survey.
Health care, 15%
Numbeo health care index, city first, then country.
Climate, 10%
Numbeo climate index where surveyed, otherwise a comfort score from NASA climate normals.
Air quality, 10%
30-day mean US AQI on a 0-100 scale: 100 at AQI 25 or cleaner, 0 at 150 or worse.
Connectivity, 10%
Percentile of median fixed broadband download speed, city first, then country.
Cost, 10%
Cheaper places score higher: the percentile of the cost-of-living plus rent index, inverted.

What it costs

Averages over the countryโ€™s cities, weighted by population. New York = 100.

Cost of living index
90.0
New York = 100, rent excluded
Rent index
24.2
New York = 100
Purchasing power
152.1
New York = 100
One person
$2,463
A month, rent included
Net salary
$3,276
Average, a month after tax
Rent, one bedroom in the centre
$1,112
A month

Economy

World Bank development indicators; each figure is the latest year with data.

GDP per person
$74,175
2024
Growth
+0.8%
2024
Unemployment
โ€”
Inflation
โ€”
Life expectancy
83.1 years
2024
Internet users
98%
2017

Taxes

Headline rates side by side from three references, with the source of each.

Lowest income tax rate
20%
SourceWikipedia
Corporate tax
18%
SourceWikipedia
Property tax
0%
SourceWikipedia

Headline statutory rates as of Sep 2026; brackets, allowances and regional taxes change what a given person pays.

Safety and internet

Numbeoโ€™s crime survey, the World Bank homicide series and the Speedtest Global Index.

Safety

Safety indexNumbeo, higher is safer
81.5
Crime indexNumbeo, lower is better
18.5
HomicidesPer 100,000 people
โ€”

Internet

Fixed downloadMbps, median
โ€”
Mobile downloadMbps, median
โ€”
Change in a yearFixed download speed
โ€”

Cities in Faroe Islands

Sort by any column. Livability and cost use the same scales as every city page.

Cities in Faroe Islands
1Torshavn6890.0$1,112$3,276152.113.2KMedium confidence, 7 contributors
2Klaksvikโ€”โ€”โ€”$2,150โ€”5KLow confidence, 3 contributors
3Hoyvikโ€”โ€”โ€”โ€”โ€”โ€”Low confidence
4Soldarfjordurโ€”โ€”โ€”โ€”โ€”โ€”Low confidence
5Nordragotaโ€”โ€”โ€”$1,160โ€”โ€”Low confidence, 0 contributors
6Vestmannaโ€”โ€”โ€”$4,635โ€”โ€”Low confidence, 0 contributors

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