Cost of living comparison
Faroe Islands is 8.3 times more expensive than Libya.
If you lived in Faroe Islands instead of Libya, you would:
pay 7.9 times more for restaurants
Libya
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.29
LYD20.820
|
$17.45
DKK120.85
|
|
Fast food combo meal
McDonalds, or similar
|
$4.12
LYD19.990
|
$16.00
DKK110.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.46
LYD2.260
|
$2.98
DKK20.66
|
|
Bottle of water (11 fl. oz) |
$0.16
LYD0.790
|
$2.79
DKK19.32
|
|
pay 5.1 times more for groceries
Libya
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$0.32
LYD1.530
|
$7.30
DKK50.59
|
|
Local cheese (8 oz) |
$2.58
LYD12.550
|
$5.70
DKK39.45
|
|
Milk (1 gallon) |
$3.67
LYD17.840
|
$7.50
DKK51.93
|
|
Eggs
1 dozen
|
$1.32
LYD6.410
|
$4.02
DKK27.81
|
|
Boneless chicken breast (1 lb) |
$1.40
LYD6.820
|
?? | |
Apples (1 lb) |
$0.72
LYD3.490
|
$0.99
DKK6.84
|
|
Bananas (1 lb) |
$0.52
LYD2.540
|
$1.19
DKK8.21
|
|
Oranges (1 lb) |
$0.35
LYD1.700
|
$1.32
DKK9.12
|
|
Tomatoes (1 lb) |
$0.24
LYD1.190
|
$0.79
DKK5.47
|
|
Potatoes (1 lb) |
$0.27
LYD1.320
|
$1.19
DKK8.21
|
|
Onions (1 lb) |
$0.27
LYD1.330
|
$1.45
DKK10.03
|
|
pay 31.1 times more for transportation
Libya
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$0.12
LYD0.600
|
$7.34
DKK50.85
|
|
Monthly public transit pass |
$21.71
LYD105.430
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$16,462.81
LYD79,960.240
|
$42,670.46
DKK295,492.91
|
|
Taxi trip in downtown area (5 miles) |
$9.53
LYD46.270
|
?? | |
pay 4.2 times more for housing
Libya
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$24.38
LYD118.410
|
$61.68
DKK427.16
|
|
1-Bedroom apartment in downtown area |
$214.03
LYD1,039.550
|
$780.09
DKK5,402.14
|
|
1-Bedroom apartment outside city center |
$116.31
LYD564.910
|
$895.02
DKK6,197.98
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$30.93
LYD150.230
|
$94.99
DKK657.79
|
|
pay 7.1% less for childcare
Libya
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$65.74
LYD319.290
|
?? | |
Middle school for 1 child, two semesters |
$1,166.12
LYD5,663.850
|
$1,082.77
DKK7,498.17
|
|
pay 5.3 times more for entertainment and sports
Libya
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$0.63
LYD3.080
|
$5.67
DKK39.25
|
|
Cappuccino in mid-range area |
$0.58
LYD2.830
|
$5.00
DKK34.63
|
|
Pack of cigarettes
Marlboro or similar
|
$2.45
LYD11.920
|
$9.43
DKK65.33
|
|
Monthly membership at local gym |
$31.90
LYD154.920
|
$56.24
DKK389.47
|
|
Movie ticket to theater/cinema |
$4.46
LYD21.660
|
$15.97
DKK110.56
|
|
pay 3.3 times more for clothing
Libya
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$29.81
LYD144.810
|
$137.88
DKK954.82
|
|
Regular dress
from H&M or similar store
|
$27.85
LYD135.280
|
$50.80
DKK351.78
|
|
Running shoes
Nike or Adidas
|
$43.99
LYD213.680
|
$137.88
DKK954.82
|
|
Men's business shoes (leather) |
$57.86
LYD281.020
|
$203.19
DKK1,407.11
|
|
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