Cost of living comparison
Faroe Islands is 2.4 times more expensive than Colombia.
If you lived in Faroe Islands instead of Colombia, you would:
pay 3.6 times more for restaurants
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.62
COP17,952.59
|
$17.45
DKK120.85
|
|
Fast food combo meal
McDonalds, or similar
|
$6.70
COP26,049.99
|
$16.00
DKK110.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.81
COP3,131.74
|
$2.98
DKK20.66
|
|
Bottle of water (11 fl. oz) |
$0.63
COP2,459.32
|
$2.79
DKK19.32
|
|
pay 2.4 times more for groceries
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$1.38
COP5,370.18
|
$7.30
DKK50.59
|
|
Local cheese (8 oz) |
$2.35
COP9,151.63
|
$5.70
DKK39.45
|
|
Milk (1 gallon) |
$4.16
COP16,160.60
|
$7.50
DKK51.93
|
|
Eggs
1 dozen
|
$2.15
COP8,364.22
|
$4.02
DKK27.81
|
|
Boneless chicken breast (1 lb) |
$2.31
COP8,982.33
|
?? | |
Apples (1 lb) |
$1.13
COP4,386.36
|
$0.99
DKK6.84
|
|
Bananas (1 lb) |
$0.46
COP1,796.91
|
$1.19
DKK8.21
|
|
Oranges (1 lb) |
$0.57
COP2,217.68
|
$1.32
DKK9.12
|
|
Tomatoes (1 lb) |
$0.54
COP2,093.86
|
$0.79
DKK5.47
|
|
Potatoes (1 lb) |
$0.54
COP2,101.02
|
$1.19
DKK8.21
|
|
Onions (1 lb) |
$0.49
COP1,910.76
|
$1.45
DKK10.03
|
|
pay 2.2 times more for transportation
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.34
COP12,968.12
|
$7.34
DKK50.85
|
|
Monthly public transit pass |
$35.05
COP136,211.42
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$19,262.76
COP74,867,369.28
|
$42,670.46
DKK295,492.91
|
|
Taxi trip in downtown area (5 miles) |
$15.84
COP61,573.26
|
?? | |
pay 2.7 times more for housing
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$24.33
COP94,575.22
|
$61.68
DKK427.16
|
|
1-Bedroom apartment in downtown area |
$281.86
COP1,095,506.37
|
$780.09
DKK5,402.14
|
|
1-Bedroom apartment outside city center |
$220.38
COP856,529.92
|
$895.02
DKK6,197.98
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$72.51
COP281,831.83
|
$94.99
DKK657.79
|
|
pay 76.3% less for childcare
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$184.82
COP718,331.02
|
?? | |
Middle school for 1 child, two semesters |
$4,560.16
COP17,723,704.44
|
$1,082.77
DKK7,498.17
|
|
pay 3.7 times more for entertainment and sports
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.16
COP4,520.45
|
$5.67
DKK39.25
|
|
Cappuccino in mid-range area |
$1.50
COP5,839.62
|
$5.00
DKK34.63
|
|
Pack of cigarettes
Marlboro or similar
|
$2.30
COP8,951.16
|
$9.43
DKK65.33
|
|
Monthly membership at local gym |
$23.55
COP91,541.45
|
$56.24
DKK389.47
|
|
Movie ticket to theater/cinema |
$4.00
COP15,556.38
|
$15.97
DKK110.56
|
|
pay 2.1 times more for clothing
Colombia
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$55.27
COP214,809.92
|
$137.88
DKK954.82
|
|
Regular dress
from H&M or similar store
|
$38.92
COP151,275.21
|
$50.80
DKK351.78
|
|
Running shoes
Nike or Adidas
|
$80.53
COP313,006.18
|
$137.88
DKK954.82
|
|
Men's business shoes (leather) |
$70.84
COP275,335.15
|
$203.19
DKK1,407.11
|
|
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