T
Tripozi
calm body of water near mountain during gloomy skies

Faroe Islands · tool

How much does Faroe Islands cost?

Daily budget breakdown across three tiers — so you can realistically plan your Faroe Islands trip before you book anything.

Photo by Kasper Lau on Unsplash

Faroe Islands travel budget

Realistic daily cost per person across three spending tiers. All figures in USD.

Budget

$120–$180
per day

Hostels, street food, public transit

Accommodation
$40–$60

Hostel dorm bed or a basic guesthouse room.

Food
$35–$50

Groceries from supermarkets, occasional simple cafe meal or takeaway.

Transport
$25–$40

Public buses between main towns; hitchhiking is also an option.

Activities
$10–$20

Hiking to scenic spots, visiting free viewpoints, or small local museums.

Misc
$10–$10

Souvenirs, occasional coffee or snack.

Mid-range

$250–$400
per day

3-star hotels, mix of restaurants, some taxis

Accommodation
$100–$180

Comfortable hotel or a private Airbnb/guesthouse.

Food
$60–$100

Mix of casual restaurants, cafes, and perhaps one nicer dinner.

Transport
$60–$100

Rental car for flexibility, or a combination of buses and occasional taxis.

Activities
$30–$50

Paid boat tours, entrance fees to attractions, guided hikes.

Misc
$10–$20

Small purchases, extra snacks, or drinks.

Luxury

$500–$800
per day

4-5 star hotels, premium dining, private transfers

Accommodation
$250–$400

Boutique hotel, luxury guesthouse, or high-end rental with premium amenities.

Food
$100–$150

Fine dining experiences, tasting menus, and high-quality local cuisine.

Transport
$100–$150

Private car hire, helicopter transfers for scenic views, or premium rental vehicle.

Activities
$50–$100

Private guided tours, exclusive experiences, helicopter tours, or specialized workshops.

Misc
$20–$50

High-end souvenirs, premium beverages, or personal services.

Destination-specific money tips

  • Credit cards are almost universally accepted, so carrying large amounts of cash is unnecessary.
  • While ATMs are available in Tórshavn and other larger towns, they can be scarce on smaller islands.
  • Rental cars are highly recommended for exploring the islands at your own pace, but book well in advance.
  • Be aware that alcohol can be quite expensive due to high taxes.
  • Groceries from supermarkets are a budget-friendly way to eat well, especially for lunch or breakfast.

Plan the rest of your Faroe Islands trip