Klaksvík, Klaksvík, FO · Population 4,997
▼ -16% vs FO average
| Expense | Estimated cost | Basis |
|---|---|---|
| Meal at an inexpensive restaurant | $5.67 | per meal |
| Three-course meal for two, mid-range | $22.68 | per meal |
| Cappuccino | $1.70 | each |
| Monthly groceries (single person) | $129 | per month |
| Monthly public transport pass | $20.79 | per month |
| Basic utilities for an 85m² apartment | $54.81 | per month |
| Internet (60 Mbps, unlimited) | $15.88 | per month |
| Fitness club membership | $15.88 | per month |
| Cinema ticket | $4.16 | each |
| One-bedroom apartment in city centre | $282 | per month |
| One-bedroom apartment outside centre | $196 | per month |
| Three-bedroom apartment in city centre | $589 | per month |
The estimated average net salary in Klaksvík 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.
7 km away · Hvannasund
9 km away · Kunoy
9 km away · Eystur
12 km away · Fuglafjarður
14 km away · Runavík
15 km away · Viðareiði
16 km away · Sjóvar
16 km away · Nes
Klaksvík 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 Klaksvík 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.