Cost of living comparison
Faroe Islands is 2.3 times more expensive than Mongolia.
If you lived in Faroe Islands instead of Mongolia, you would:
pay 4.3 times more for restaurants
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.71
MNT16,250.00
|
$17.45
DKK119.79
|
|
Fast food combo meal
McDonalds, or similar
|
$4.35
MNT15,000.00
|
$16.00
DKK109.80
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.75
MNT2,571.88
|
$2.98
DKK20.48
|
|
Bottle of water (11 fl. oz) |
$0.47
MNT1,630.77
|
$2.79
DKK19.15
|
|
pay 2.4 times more for groceries
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$0.81
MNT2,783.70
|
$7.30
DKK50.14
|
|
Local cheese (8 oz) |
$6.94
MNT23,928.57
|
$5.70
DKK39.10
|
|
Milk (1 gallon) |
$4.95
MNT17,091.14
|
$7.50
DKK51.48
|
|
Eggs
1 dozen
|
$1.98
MNT6,815.00
|
$4.02
DKK27.56
|
|
Boneless chicken breast (1 lb) |
$1.88
MNT6,501.50
|
?? | |
Apples (1 lb) |
$1.51
MNT5,223.12
|
$0.99
DKK6.78
|
|
Bananas (1 lb) |
$1.23
MNT4,243.16
|
$1.19
DKK8.13
|
|
Oranges (1 lb) |
$1.78
MNT6,157.52
|
$1.32
DKK9.04
|
|
Tomatoes (1 lb) |
$1.49
MNT5,134.67
|
$0.79
DKK5.42
|
|
Potatoes (1 lb) |
$0.27
MNT940.64
|
$1.19
DKK8.13
|
|
Onions (1 lb) |
$0.49
MNT1,697.73
|
$1.45
DKK9.94
|
|
pay 68.7% more for transportation
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.78
MNT13,034.44
|
$7.34
DKK50.41
|
|
Monthly public transit pass |
$7.97
MNT27,500.00
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$29,855.07
MNT103,000,000.00
|
$42,670.46
DKK292,915.62
|
|
Taxi trip in downtown area (5 miles) |
$5.22
MNT18,000.00
|
?? | |
pay 2.6 times more for housing
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$12.17
MNT42,000.00
|
$61.68
DKK423.43
|
|
1-Bedroom apartment in downtown area |
$486.53
MNT1,678,527.03
|
$780.09
DKK5,355.02
|
|
1-Bedroom apartment outside city center |
$380.95
MNT1,314,285.71
|
$895.02
DKK6,143.92
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.80
MNT213,218.12
|
$94.99
DKK652.06
|
|
pay 81.9% less for childcare
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$150.72
MNT520,000.00
|
?? | |
Middle school for 1 child, two semesters |
$5,997.58
MNT20,691,666.67
|
$1,082.77
DKK7,432.77
|
|
pay 3.1 times more for entertainment and sports
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.59
MNT5,500.00
|
$5.67
DKK38.90
|
|
Cappuccino in mid-range area |
$2.39
MNT8,233.33
|
$5.00
DKK34.33
|
|
Pack of cigarettes
Marlboro or similar
|
$1.74
MNT6,000.00
|
$9.43
DKK64.76
|
|
Monthly membership at local gym |
$59.58
MNT205,555.56
|
$56.24
DKK386.07
|
|
Movie ticket to theater/cinema |
$4.49
MNT15,500.00
|
$15.97
DKK109.59
|
|
pay 65.8% more for clothing
Mongolia
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$60.87
MNT210,000.00
|
$137.88
DKK946.50
|
|
Regular dress
from H&M or similar store
|
$43.66
MNT150,624.88
|
$50.80
DKK348.71
|
|
Running shoes
Nike or Adidas
|
$85.14
MNT293,750.00
|
$137.88
DKK946.50
|
|
Men's business shoes (leather) |
$128.36
MNT442,857.14
|
$203.19
DKK1,394.84
|
|
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