Cost of living comparison
Italy is 31.6% more expensive than Faroe Islands.
If you lived in Italy instead of Faroe Islands, you would:
pay 41.4% less for restaurants
Faroe Islands
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.96
kr151.54
|
$15.74
€14.50
|
|
Fast food combo meal
McDonalds, or similar
|
$19.03
kr131.34
|
$9.09
€8.37
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.40
kr23.49
|
$2.45
€2.25
|
|
Bottle of water (11 fl. oz) |
$2.68
kr18.52
|
$1.16
€1.07
|
|
pay 24.8% less for groceries
Faroe Islands
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$4.00
kr27.61
|
$1.86
€1.71
|
|
Local cheese (8 oz) |
$7.32
kr50.51
|
$7.20
€6.63
|
|
Milk (1 gallon) |
$7.02
kr48.44
|
$4.88
€4.50
|
|
Eggs
1 dozen
|
$3.86
kr26.60
|
$3.14
€2.89
|
|
Boneless chicken breast (1 lb) |
$2.66
kr18.33
|
$4.47
€4.11
|
|
Apples (1 lb) |
$1.33
kr9.17
|
$0.96
€0.88
|
|
Bananas (1 lb) |
$1.43
kr9.85
|
$0.84
€0.77
|
|
Oranges (1 lb) |
$1.66
kr11.46
|
$0.94
€0.86
|
|
Tomatoes (1 lb) |
$1.73
kr11.91
|
$1.20
€1.10
|
|
Potatoes (1 lb) | ?? |
$0.65
€0.60
|
|
Onions (1 lb) |
$2.32
kr16.04
|
$0.71
€0.65
|
|
pay 10.9% less for transportation
Faroe Islands
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
kr46.85
|
$8.02
€7.38
|
|
Monthly public transit pass | ?? |
$38.40
€35.36
|
|
New Volkswagen Golf 1.4 (standard edition) |
$43,041.61
kr297,025.82
|
$25,887.08
€23,840.71
|
|
Taxi trip in downtown area (5 miles) | ?? |
$18.65
€17.17
|
|
pay 29.1% less for housing
Faroe Islands
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.56
kr404.12
|
$30.75
€28.32
|
|
1-Bedroom apartment in downtown area |
$976.00
kr6,735.28
|
$608.10
€560.03
|
|
1-Bedroom apartment outside city center |
$805.20
kr5,556.61
|
$488.80
€450.16
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$140.39
kr968.81
|
$151.72
€139.73
|
|
pay 5.0 times more for childcare
Faroe Islands
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$366.00
kr2,525.73
|
$459.30
€422.99
|
|
Middle school for 1 child, two semesters |
$1,090.92
kr7,528.31
|
$9,604.44
€8,845.21
|
|
pay 39.0% less for entertainment and sports
Faroe Islands
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.78
kr60.62
|
$4.83
€4.45
|
|
Cappuccino in mid-range area |
$5.67
kr39.15
|
$1.60
€1.47
|
|
Pack of cigarettes
Marlboro or similar
|
$9.52
kr65.67
|
$6.30
€5.80
|
|
Monthly membership at local gym |
$56.36
kr388.96
|
$51.79
€47.69
|
|
Movie ticket to theater/cinema |
$14.64
kr101.03
|
$9.32
€8.58
|
|
pay 36.5% less for clothing
Faroe Islands
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$136.64
kr942.94
|
$80.37
€74.01
|
|
Regular dress
from H&M or similar store
|
$47.58
kr328.34
|
$36.54
€33.65
|
|
Running shoes
Nike or Adidas
|
$143.96
kr993.45
|
$89.56
€82.48
|
|
Men's business shoes (leather) |
$204.96
kr1,414.41
|
$114.84
€105.76
|
|
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