Key Facts: Faroe Islands vs United States Wages
- Faroe Islands Minimum Wage
- No statutory minimum wage
- United States Minimum Wage
- $7.25/hr
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- United States Avg. Gross Monthly Salary
- $6,228 /mo ($6,228 USD)
- Data Sources
- Statistics Faroe Islands (hagstova.fo) (2026-05-04), U.S. Department of Labor (2026-05-27)
Faroe Islands 
United States
Updated 2026-05-27
Faroe Islands has no statutory minimum wage, while the United States sets a floor of $7/hr. Average salaries are lower in Faroe Islands at $5,341/mo compared to $6,228/mo in the United States.
Detailed Comparison
| Metric | Faroe Islands | United States |
|---|---|---|
| Minimum wage /hr | None | $7.25 |
| Minimum wage /mo | None | $1,256.67 |
| Minimum wage /yr | None | $15,080 |
| Avg. gross salary /mo | kr34,278 /mo $5,341.42 | $6,228 /mo |
| Avg. net salary /mo | N/A/mo | $4,800 /mo |
| Median individual income /yr | N/A/yr | $44,225 /yr |
Percentage differences are based on USD equivalent values. Positive means Faroe Islands is higher.
Work Week
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
- United States
-
40 hrs/wk standard
Overtime : 1.5x pay
Overtime required after 40 hours/week under FLSA. No federal maximum hours for workers 16+.
See this comparison from United States's perspective: United States vs Faroe Islands
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Faroe Islands vs New Zealand NZ$ 23.5 /hr Frequently Asked Questions
Is the minimum wage higher in Faroe Islands or United States?
In Faroe Islands, the minimum wage is no statutory minimum wage. In the United States, it is $7.25/hr.
How much less does the average worker earn in Faroe Islands compared to United States?
The average gross salary in Faroe Islands is kr34,278/mo ($5,341.42 USD), compared to $6,228/mo in the United States. In USD terms, workers in Faroe Islands earn approximately 17% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Faroe Islands and United States is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the United States earn more in nominal terms, though how far that income stretches depends on local prices in Faroe Islands.
How do work hours compare between Faroe Islands and United States?
Both Faroe Islands and United States mandate a similar standard work week of 40 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.