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Cost of Living in Hvannasund

Hvannasund, Hvannasund, FO · Population 414

▼ -16% vs FO average

Single person, monthly (incl. rent)$574
Couple, monthly$1,034
Family of four, monthly$1,350

Estimated Prices in Hvannasund

ExpenseEstimated costBasis
Meal at an inexpensive restaurant$5.67per meal
Three-course meal for two, mid-range$22.68per meal
Cappuccino$1.70each
Monthly groceries (single person)$129per month
Monthly public transport pass$20.79per month
Basic utilities for an 85m² apartment$54.81per month
Internet (60 Mbps, unlimited)$15.88per month
Fitness club membership$15.88per month
Cinema ticket$4.16each
One-bedroom apartment in city centre$282per month
One-bedroom apartment outside centre$196per month
Three-bedroom apartment in city centre$589per month

Salary & Budget Planning

The estimated average net salary in Hvannasund is $810 per month. To live comfortably — covering the full single-person budget of $574 with about 30% left over for savings — you would need a net income of roughly $747 per month.

Housing takes the largest share: rent for a one-bedroom outside the centre ($196) represents about 34% of the total single-person budget.

Compare Hvannasund

Hvannasund vs TórshavnHvannasund vs KlaksvíkHvannasund vs HvalbaHvannasund vs SkopunHvannasund vs PorkeriHvannasund vs Fámjin

Nearby Cities

Klaksvík

7 km away · Klaksvík

Kunoy

8 km away · Kunoy

Viðareiði

9 km away · Viðareiði

Kirkja

11 km away · Fugloy

Norðragøta

15 km away · Eystur

Fuglafjørður

16 km away · Fuglafjarður

Saltangará

21 km away · Runavík

Strendur

23 km away · Sjóvar

Living in Hvannasund

Hvannasund is one of the key cities in FO. The estimated monthly cost of living for a single person is $574, placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around $196 per month.

For families, the estimated budget rises to $1,350 per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately $1,034 monthly.

The average estimated net salary in Hvannasund is $810. To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least $747 per month.

Frequently Asked Questions

Is Hvannasund expensive to live in?
A single person needs an estimated $574 per month in Hvannasund including rent outside the city centre. That is 16% less than the national average for FO.
What salary do you need to live comfortably in Hvannasund?
A net salary of around $747 per month lets a single person cover all estimated expenses in Hvannasund with roughly 30% left for savings. The estimated average net salary in Hvannasund is $810.
How much is rent in Hvannasund?
A one-bedroom apartment costs an estimated $282 per month in the city centre and $196 outside the centre. A three-bedroom in the centre runs about $589.
Is Hvannasund cheaper than FO on average?
Yes — Hvannasund is estimated to be about 16% cheaper than the FO average, making it a relatively affordable option in the country.
What is the cost of groceries in Hvannasund?
Monthly groceries for one person are estimated at $129 in Hvannasund. A meal at an inexpensive restaurant costs about $6 and a cappuccino runs around $2.
How do transport costs in Hvannasund compare?
A monthly public transport pass in Hvannasund is estimated at $21. Transport makes up a small share of the total budget compared to housing and food.
Figures for Hvannasund are estimates based on FO national averages adjusted for city size (population 414). Last model update: July 2026. How we calculate.