Cost of living comparison
Faroe Islands is 94.2% more expensive than Nicaragua.
If you lived in Faroe Islands instead of Nicaragua, you would:
pay 3.5 times more for restaurants
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.22
NIO155.06
|
$17.45
DKK120.85
|
|
Fast food combo meal
McDonalds, or similar
|
$5.54
NIO203.64
|
$16.00
DKK110.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.91
NIO33.57
|
$2.98
DKK20.66
|
|
Bottle of water (11 fl. oz) |
$0.79
NIO28.93
|
$2.79
DKK19.32
|
|
pay 89.2% more for groceries
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$1.26
NIO46.39
|
$7.30
DKK50.59
|
|
Local cheese (8 oz) |
$3.29
NIO120.84
|
$5.70
DKK39.45
|
|
Milk (1 gallon) |
$4.46
NIO163.94
|
$7.50
DKK51.93
|
|
Eggs
1 dozen
|
$1.84
NIO67.84
|
$4.02
DKK27.81
|
|
Boneless chicken breast (1 lb) |
$2.56
NIO94.30
|
?? | |
Apples (1 lb) |
$2.61
NIO96.12
|
$0.99
DKK6.84
|
|
Bananas (1 lb) |
$0.65
NIO23.76
|
$1.19
DKK8.21
|
|
Oranges (1 lb) |
$1.67
NIO61.38
|
$1.32
DKK9.12
|
|
Tomatoes (1 lb) |
$0.58
NIO21.44
|
$0.79
DKK5.47
|
|
Potatoes (1 lb) |
$1.13
NIO41.52
|
$1.19
DKK8.21
|
|
Onions (1 lb) |
$0.68
NIO24.99
|
$1.45
DKK10.03
|
|
pay 50.4% more for transportation
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.88
NIO179.52
|
$7.34
DKK50.85
|
|
Monthly public transit pass |
$7.00
NIO257.46
|
?? | |
New Volkswagen Golf 1.4 (standard edition) | ?? |
$42,670.46
DKK295,492.91
|
|
Taxi trip in downtown area (5 miles) |
$5.64
NIO207.38
|
?? | |
pay 2.0 times more for housing
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$59.16
NIO2,175.76
|
$61.68
DKK427.16
|
|
1-Bedroom apartment in downtown area |
$377.78
NIO13,894.63
|
$780.09
DKK5,402.14
|
|
1-Bedroom apartment outside city center |
$266.67
NIO9,807.97
|
$895.02
DKK6,197.98
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.96
NIO2,168.70
|
$94.99
DKK657.79
|
|
pay 89.1% less for childcare
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$125.56
NIO4,617.92
|
?? | |
Middle school for 1 child, two semesters |
$9,950.00
NIO365,960.06
|
$1,082.77
DKK7,498.17
|
|
pay 2.4 times more for entertainment and sports
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.84
NIO67.54
|
$5.67
DKK39.25
|
|
Cappuccino in mid-range area |
$2.33
NIO85.71
|
$5.00
DKK34.63
|
|
Pack of cigarettes
Marlboro or similar
|
$3.03
NIO111.29
|
$9.43
DKK65.33
|
|
Monthly membership at local gym |
$37.38
NIO1,374.92
|
$56.24
DKK389.47
|
|
Movie ticket to theater/cinema |
$6.80
NIO250.00
|
$15.97
DKK110.56
|
|
pay 2.2 times more for clothing
Nicaragua
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$41.25
NIO1,517.17
|
$137.88
DKK954.82
|
|
Regular dress
from H&M or similar store
|
$40.83
NIO1,501.85
|
$50.80
DKK351.78
|
|
Running shoes
Nike or Adidas
|
$90.83
NIO3,340.84
|
$137.88
DKK954.82
|
|
Men's business shoes (leather) |
$78.88
NIO2,901.02
|
$203.19
DKK1,407.11
|
|
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