Location Factors

Faroe Islands

The location factor for Faroe Islands is 1.63, based on national living costs.

This means a 713,435 kr. per year salary would roughly be compareable to €60,000 in Germany.

You can also start a calculation based on Faroe Islands.

Name Faroe Islands
Chosen Factor 1.63
Market Rates unavailable
Consumer Price Index 1.56
Rent Index* 0.90
Consumer Price Plus Rent Index 1.36
Groceries Index 1.63
Restaurant Price Index* 1.33
Local Purchasing Power Index* 0.75
Buffer Location Bracket* B or A
Currency Danish Krone (DKK)
* Not used for index.
Market rates unknown. Living costs based on Numbeo.