Cost of living comparison
Hong Kong is 2.2 times more expensive than Faroe Islands.
If you lived in Hong Kong instead of Faroe Islands, you would:
pay 64.5% less for restaurants
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.96
kr151.54
|
$7.64
HK$59.81
|
|
Fast food combo meal
McDonalds, or similar
|
$19.03
kr131.34
|
$5.73
HK$44.86
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.40
kr23.49
|
$1.23
HK$9.61
|
|
Bottle of water (11 fl. oz) |
$2.68
kr18.52
|
$1.11
HK$8.65
|
|
pay 12.1% more for groceries
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Bread
1 loaf
|
$4.00
kr27.61
|
$2.29
HK$17.89
|
|
Local cheese (8 oz) |
$7.32
kr50.51
|
$12.63
HK$98.82
|
|
Milk (1 gallon) |
$7.02
kr48.44
|
$11.66
HK$91.22
|
|
Eggs
1 dozen
|
$3.86
kr26.60
|
$3.47
HK$27.12
|
|
Boneless chicken breast (1 lb) |
$2.66
kr18.33
|
$4.48
HK$35.05
|
|
Apples (1 lb) |
$1.33
kr9.17
|
$2.03
HK$15.89
|
|
Bananas (1 lb) |
$1.43
kr9.85
|
$1.13
HK$8.86
|
|
Oranges (1 lb) |
$1.66
kr11.46
|
$1.75
HK$13.72
|
|
Tomatoes (1 lb) |
$1.73
kr11.91
|
$1.35
HK$10.55
|
|
Potatoes (1 lb) | ?? |
$1.21
HK$9.45
|
|
Onions (1 lb) |
$2.32
kr16.04
|
$1.18
HK$9.21
|
|
pay 16.9% more for transportation
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
kr46.85
|
$10.64
HK$83.28
|
|
Monthly public transit pass | ?? |
$63.70
HK$498.39
|
|
New Volkswagen Golf 1.4 (standard edition) |
$43,041.61
kr297,025.82
|
$33,122.07
HK$259,165.32
|
|
Taxi trip in downtown area (5 miles) | ?? |
$13.12
HK$102.67
|
|
pay 47.1% more for housing
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.56
kr404.12
|
$23.34
HK$182.62
|
|
1-Bedroom apartment in downtown area |
$976.00
kr6,735.28
|
$2,288.41
HK$17,905.75
|
|
1-Bedroom apartment outside city center |
$805.20
kr5,556.61
|
$1,628.63
HK$12,743.27
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$140.39
kr968.81
|
$157.03
HK$1,228.73
|
|
pay 9.7 times more for childcare
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$366.00
kr2,525.73
|
$771.50
HK$6,036.65
|
|
Middle school for 1 child, two semesters |
$1,090.92
kr7,528.31
|
$18,861.18
HK$147,580.25
|
|
pay 4.8% less for entertainment and sports
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.78
kr60.62
|
$6.37
HK$49.84
|
|
Cappuccino in mid-range area |
$5.67
kr39.15
|
$5.02
HK$39.29
|
|
Pack of cigarettes
Marlboro or similar
|
$9.52
kr65.67
|
$8.28
HK$64.79
|
|
Monthly membership at local gym |
$56.36
kr388.96
|
$79.37
HK$621.00
|
|
Movie ticket to theater/cinema |
$14.64
kr101.03
|
$12.74
HK$99.68
|
|
pay 33.1% less for clothing
Faroe Islands
|
Hong Kong
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$136.64
kr942.94
|
$80.90
HK$633.02
|
|
Regular dress
from H&M or similar store
|
$47.58
kr328.34
|
$39.86
HK$311.92
|
|
Running shoes
Nike or Adidas
|
$143.96
kr993.45
|
$88.35
HK$691.29
|
|
Men's business shoes (leather) |
$204.96
kr1,414.41
|
$129.40
HK$1,012.50
|
|
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