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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 Dylan Shaw on Unsplash

Faroe Islands travel budget

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

Budget

$120–$190
per day

Hostels, street food, public transit

Accommodation
$40–$70

Hostel dorms or basic guesthouses in smaller villages.

Food
$30–$50

Self-catering, supermarket purchases, or occasional simple cafe meals.

Transport
$30–$40

Public buses (limited routes and frequency) and potentially hitchhiking.

Activities
$10–$15

Hiking to scenic spots, exploring villages on foot, enjoying free viewpoints.

Misc
$10–$15

Souvenirs, snacks, occasional small fees.

Mid-range

$250–$430
per day

3-star hotels, mix of restaurants, some taxis

Accommodation
$100–$180

Comfortable guesthouses, B&Bs, or standard hotel rooms.

Food
$60–$100

Mix of casual restaurants, cafes, and some pub meals.

Transport
$50–$80

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

Activities
$30–$50

Paid boat tours, museum entries, guided walks.

Misc
$10–$20

Small purchases, coffees, incidentals.

Luxury

$520–$900
per day

4-5 star hotels, premium dining, private transfers

Accommodation
$250–$450

Boutique hotels, high-end guesthouses, or premium apartments with views.

Food
$100–$150

Fine dining restaurants, tasting menus, and quality wine pairings.

Transport
$100–$150

Rental car (SUV or premium), private transfers, or helicopter tours.

Activities
$50–$100

Private guided tours, exclusive wildlife watching, helicopter excursions.

Misc
$20–$50

High-quality souvenirs, spa treatments, premium beverages.

Destination-specific money tips

  • •Rental cars are essential for exploring beyond Tórshavn and are a significant cost, especially for luxury options.
  • •Groceries from supermarkets like Bónus or FK are considerably cheaper than eating out for every meal.
  • •While credit cards are widely accepted, always have some Danish Kroner (DKK) for smaller vendors or remote areas.
  • •Be aware that alcohol, especially wine and spirits, can be quite expensive due to high taxes.
  • •Many of the most stunning natural attractions, like waterfalls and hiking trails, are free to access.

Trip budgets elsewhere

Trip budgets for similar destinations