Cost of living comparison
Hong Kong is 3.8 times more expensive than Faroe Islands.
If you lived in Hong Kong instead of Faroe Islands, you would:
pay 57.0% less for restaurants
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.45
DKK117.82
|
$8.84
HK$68.95
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.00
DKK108.00
|
$5.77
HK$44.97
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.98
DKK20.14
|
$1.33
HK$10.40
|
|
| Bottle of water (11 fl. oz) |
$2.79
DKK18.83
|
$1.13
HK$8.78
|
|
pay 31.6% more for groceries
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$7.30
DKK49.32
|
$2.29
HK$17.89
|
|
| Local cheese (8 oz) |
$5.70
DKK38.46
|
$14.28
HK$111.32
|
|
| Milk (1 gallon) |
$7.50
DKK50.63
|
$12.15
HK$94.72
|
|
|
Eggs
1 dozen
|
$4.02
DKK27.11
|
$4.01
HK$31.25
|
|
| Boneless chicken breast (1 lb) | ?? |
$4.49
HK$34.99
|
|
| Apples (1 lb) |
$0.99
DKK6.67
|
$1.68
HK$13.14
|
|
| Bananas (1 lb) |
$1.19
DKK8.00
|
$1.16
HK$9.03
|
|
| Oranges (1 lb) |
$1.32
DKK8.89
|
$1.75
HK$13.67
|
|
| Tomatoes (1 lb) |
$0.79
DKK5.33
|
$1.47
HK$11.45
|
|
| Potatoes (1 lb) |
$1.19
DKK8.00
|
$1.21
HK$9.45
|
|
| Onions (1 lb) |
$1.45
DKK9.78
|
$1.20
HK$9.34
|
|
pay 18.4% more for transportation
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.34
DKK49.58
|
$11.66
HK$90.92
|
|
| Monthly public transit pass | ?? |
$64.07
HK$499.65
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,670.46
DKK288,104.52
|
$33,292.33
HK$259,618.59
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$13.71
HK$106.93
|
|
pay 80.2% more for housing
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.68
DKK416.48
|
$22.03
HK$171.83
|
|
| 1-Bedroom apartment in downtown area |
$780.09
DKK5,267.06
|
$2,324.35
HK$18,125.63
|
|
| 1-Bedroom apartment outside city center |
$895.02
DKK6,043.01
|
$1,616.39
HK$12,604.83
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.99
DKK641.35
|
$196.11
HK$1,529.33
|
|
pay 20.0 times more for childcare
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$929.71
HK$7,250.01
|
|
| Middle school for 1 child, two semesters |
$1,082.77
DKK7,310.69
|
$21,637.45
HK$168,732.10
|
|
pay 22.3% more for entertainment and sports
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.67
DKK38.26
|
$7.69
HK$59.96
|
|
| Cappuccino in mid-range area |
$5.00
DKK33.76
|
$5.31
HK$41.41
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.43
DKK63.70
|
$12.81
HK$99.93
|
|
| Monthly membership at local gym |
$56.24
DKK379.73
|
$86.33
HK$673.18
|
|
| Movie ticket to theater/cinema |
$15.97
DKK107.79
|
$12.81
HK$99.93
|
|
pay 32.7% less for clothing
|
Faroe Islands
|
Hong Kong
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$137.88
DKK930.95
|
$76.24
HK$594.55
|
|
|
Regular dress
from H&M or similar store
|
$50.80
DKK342.98
|
$41.17
HK$321.09
|
|
|
Running shoes
Nike or Adidas
|
$137.88
DKK930.95
|
$91.44
HK$713.08
|
|
| Men's business shoes (leather) |
$203.19
DKK1,371.93
|
$135.10
HK$1,053.56
|
|
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