Cost of living comparison
Italy is 41.9% more expensive than Faroe Islands.
If you lived in Italy instead of Faroe Islands, you would:
pay 49.1% less for restaurants
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$48.87
kr318.77
|
$16.28
€14.27
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.10
kr111.57
|
$9.39
€8.23
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.07
kr26.56
|
$2.48
€2.17
|
|
| Bottle of water (11 fl. oz) |
$2.28
kr14.88
|
$1.24
€1.09
|
|
pay 27.4% less for groceries
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.48
kr29.22
|
$1.86
€1.63
|
|
| Local cheese (8 oz) |
$8.14
kr53.13
|
$7.41
€6.50
|
|
| Milk (1 gallon) |
$7.09
kr46.26
|
$4.98
€4.36
|
|
|
Eggs
1 dozen
|
$4.07
kr26.56
|
$3.33
€2.92
|
|
| Boneless chicken breast (1 lb) |
$4.43
kr28.92
|
$4.42
€3.88
|
|
| Apples (1 lb) |
$1.85
kr12.05
|
$0.95
€0.83
|
|
| Bananas (1 lb) |
$1.85
kr12.05
|
$0.90
€0.79
|
|
| Oranges (1 lb) |
$1.85
kr12.05
|
$0.97
€0.85
|
|
| Tomatoes (1 lb) |
$2.96
kr19.28
|
$1.08
€0.95
|
|
| Potatoes (1 lb) |
$0.37
kr2.41
|
$0.69
€0.60
|
|
| Onions (1 lb) |
$1.85
kr12.05
|
$0.74
€0.65
|
|
pay 11.2% less for transportation
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.11
kr39.89
|
$6.99
€6.13
|
|
| Monthly public transit pass | ?? |
$43.01
€37.72
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,619.30
kr271,485.60
|
$26,336.31
€23,094.33
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$20.00
€17.54
|
|
pay 46.6% less for housing
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$64.02
kr417.59
|
$34.75
€30.47
|
|
| 1-Bedroom apartment in downtown area |
$1,058.81
kr6,906.68
|
$639.56
€560.83
|
|
| 1-Bedroom apartment outside city center |
$814.47
kr5,312.83
|
$490.87
€430.44
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$373.70
kr2,437.65
|
$144.46
€126.68
|
|
pay 5.9 times more for childcare
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$244.34
kr1,593.85
|
$498.43
€437.07
|
|
| Middle school for 1 child, two semesters |
$1,211.40
kr7,902.08
|
$11,939.46
€10,469.72
|
|
pay 34.9% less for entertainment and sports
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.52
kr42.50
|
$5.00
€4.38
|
|
| Cappuccino in mid-range area |
$4.89
kr31.88
|
$1.68
€1.47
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.77
kr63.75
|
$6.74
€5.91
|
|
| Monthly membership at local gym |
$60.70
kr395.98
|
$54.45
€47.74
|
|
| Movie ticket to theater/cinema |
$17.92
kr116.88
|
$10.03
€8.79
|
|
pay 32.2% less for clothing
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.60
kr708.38
|
$87.77
€76.97
|
|
|
Regular dress
from H&M or similar store
|
$57.01
kr371.90
|
$37.94
€33.27
|
|
|
Running shoes
Nike or Adidas
|
$135.74
kr885.47
|
$97.30
€85.32
|
|
| Men's business shoes (leather) |
$238.91
kr1,558.43
|
$124.71
€109.36
|
|
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