Cost of living comparison
Faroe Islands is 10.4% more expensive than Gibraltar.
If you lived in Faroe Islands instead of Gibraltar, you would:
pay 39.6% more for restaurants
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.66
GIP14.10
|
$17.45
DKK120.85
|
|
Fast food combo meal
McDonalds, or similar
|
$10.09
GIP8.06
|
$16.00
DKK110.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.98
GIP1.58
|
$2.98
DKK20.66
|
|
Bottle of water (11 fl. oz) |
$1.85
GIP1.48
|
$2.79
DKK19.32
|
|
pay 33.9% more for groceries
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$1.67
GIP1.33
|
$7.30
DKK50.59
|
|
Local cheese (8 oz) |
$4.15
GIP3.31
|
$5.70
DKK39.45
|
|
Milk (1 gallon) |
$7.63
GIP6.09
|
$7.50
DKK51.93
|
|
Eggs
1 dozen
|
$3.79
GIP3.03
|
$4.02
DKK27.81
|
|
Boneless chicken breast (1 lb) |
$3.89
GIP3.11
|
?? | |
Apples (1 lb) |
$2.06
GIP1.64
|
$0.99
DKK6.84
|
|
Bananas (1 lb) |
$1.54
GIP1.23
|
$1.19
DKK8.21
|
|
Oranges (1 lb) |
$1.61
GIP1.28
|
$1.32
DKK9.12
|
|
Tomatoes (1 lb) |
$1.15
GIP0.92
|
$0.79
DKK5.47
|
|
Potatoes (1 lb) |
$1.03
GIP0.82
|
$1.19
DKK8.21
|
|
Onions (1 lb) |
$0.86
GIP0.69
|
$1.45
DKK10.03
|
|
pay 32.2% more for transportation
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.78
GIP4.62
|
$7.34
DKK50.85
|
|
Monthly public transit pass |
$8.13
GIP6.50
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$31,057.47
GIP24,798.36
|
$42,670.46
DKK295,492.91
|
|
Taxi trip in downtown area (5 miles) |
$24.97
GIP19.94
|
?? | |
pay 18.1% less for housing
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$53.50
GIP42.72
|
$61.68
DKK427.16
|
|
1-Bedroom apartment in downtown area |
$1,646.15
GIP1,314.40
|
$780.09
DKK5,402.14
|
|
1-Bedroom apartment outside city center |
$1,585.28
GIP1,265.79
|
$895.02
DKK6,197.98
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$87.83
GIP70.13
|
$94.99
DKK657.79
|
|
pay 92.8% less for childcare
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$805.78
GIP643.39
|
?? | |
Middle school for 1 child, two semesters |
$15,134.60
GIP12,084.48
|
$1,082.77
DKK7,498.17
|
|
pay 48.3% more for entertainment and sports
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.10
GIP3.27
|
$5.67
DKK39.25
|
|
Cappuccino in mid-range area |
$2.99
GIP2.39
|
$5.00
DKK34.63
|
|
Pack of cigarettes
Marlboro or similar
|
$4.54
GIP3.63
|
$9.43
DKK65.33
|
|
Monthly membership at local gym |
$70.94
GIP56.65
|
$56.24
DKK389.47
|
|
Movie ticket to theater/cinema |
$10.72
GIP8.56
|
$15.97
DKK110.56
|
|
pay 29.6% more for clothing
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$125.33
GIP100.07
|
$137.88
DKK954.82
|
|
Regular dress
from H&M or similar store
|
$41.78
GIP33.36
|
$50.80
DKK351.78
|
|
Running shoes
Nike or Adidas
|
$127.87
GIP102.10
|
$137.88
DKK954.82
|
|
Men's business shoes (leather) |
$113.51
GIP90.63
|
$203.19
DKK1,407.11
|
|
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