Cost of living comparison
Faroe Islands is 2.4 times more expensive than Armenia.
If you lived in Faroe Islands instead of Armenia, you would:
pay 4.0 times more for restaurants
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.08
AMD2,739.48
|
$21.96
DKK152.18
|
|
Fast food combo meal
McDonalds, or similar
|
$6.44
AMD2,490.43
|
$19.03
DKK131.89
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.91
AMD350.21
|
$3.40
DKK23.59
|
|
Bottle of water (11 fl. oz) |
$0.43
AMD167.74
|
$2.68
DKK18.60
|
|
pay 3.0 times more for groceries
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$0.56
AMD216.11
|
$4.00
DKK27.73
|
|
Local cheese (8 oz) |
$3.69
AMD1,427.64
|
$7.32
DKK50.73
|
|
Milk (1 gallon) |
$4.75
AMD1,839.42
|
$7.02
DKK48.65
|
|
Eggs
1 dozen
|
$2.02
AMD781.11
|
$3.86
DKK26.72
|
|
Boneless chicken breast (1 lb) |
$2.73
AMD1,055.36
|
$2.66
DKK18.41
|
|
Apples (1 lb) |
$0.56
AMD216.99
|
$1.33
DKK9.20
|
|
Bananas (1 lb) |
$0.82
AMD317.05
|
$1.43
DKK9.89
|
|
Oranges (1 lb) |
$0.73
AMD281.24
|
$1.66
DKK11.50
|
|
Tomatoes (1 lb) |
$0.71
AMD276.61
|
$1.73
DKK11.96
|
|
Potatoes (1 lb) |
$0.34
AMD131.49
|
?? | |
Onions (1 lb) |
$0.30
AMD114.98
|
$2.32
DKK16.11
|
|
pay 60.0% more for transportation
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.44
AMD1,719.01
|
$6.79
DKK47.05
|
|
Monthly public transit pass |
$10.75
AMD4,157.94
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$25,749.24
AMD9,961,737.87
|
$43,041.61
DKK298,274.03
|
|
Taxi trip in downtown area (5 miles) |
$3.35
AMD1,295.03
|
?? | |
pay 2.0 times more for housing
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$17.61
AMD6,812.17
|
$58.56
DKK405.82
|
|
1-Bedroom apartment in downtown area |
$662.62
AMD256,351.82
|
$976.00
DKK6,763.58
|
|
1-Bedroom apartment outside city center |
$469.53
AMD181,650.84
|
$805.20
DKK5,579.96
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$86.35
AMD33,408.08
|
$140.39
DKK972.88
|
|
pay 7.9% more for childcare
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$180.96
AMD70,008.88
|
$366.00
DKK2,536.34
|
|
Middle school for 1 child, two semesters |
$8,167.82
AMD3,159,926.46
|
$1,090.92
DKK7,559.94
|
|
pay 3.5 times more for entertainment and sports
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.36
AMD527.97
|
$8.78
DKK60.87
|
|
Cappuccino in mid-range area |
$2.40
AMD930.01
|
$5.67
DKK39.31
|
|
Pack of cigarettes
Marlboro or similar
|
$1.92
AMD742.15
|
$9.52
DKK65.94
|
|
Monthly membership at local gym |
$51.24
AMD19,823.37
|
$56.36
DKK390.60
|
|
Movie ticket to theater/cinema |
$5.15
AMD1,992.35
|
$14.64
DKK101.45
|
|
pay 67.5% more for clothing
Armenia
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$68.02
AMD26,313.93
|
$136.64
DKK946.90
|
|
Regular dress
from H&M or similar store
|
$52.72
AMD20,397.74
|
$47.58
DKK329.72
|
|
Running shoes
Nike or Adidas
|
$98.40
AMD38,067.12
|
$143.96
DKK997.63
|
|
Men's business shoes (leather) |
$88.10
AMD34,083.37
|
$204.96
DKK1,420.35
|
|
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