Cost of living comparison
Italy is 40.9% more expensive than Faroe Islands.
If you lived in Italy instead of Faroe Islands, you would:
pay 40.3% less for restaurants
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.21
kr154.94
|
$14.35
€14.08
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.85
kr108.46
|
$8.28
€8.13
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.29
kr24.02
|
$2.18
€2.14
|
|
| Bottle of water (11 fl. oz) |
$2.22
kr16.18
|
$1.09
€1.07
|
|
pay 23.1% less for groceries
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.01
kr29.27
|
$1.63
€1.60
|
|
| Local cheese (8 oz) |
$6.60
kr48.20
|
$6.40
€6.29
|
|
| Milk (1 gallon) |
$6.78
kr49.53
|
$4.35
€4.27
|
|
|
Eggs
1 dozen
|
$3.77
kr27.54
|
$2.89
€2.83
|
|
| Boneless chicken breast (1 lb) |
$3.85
kr28.11
|
$4.02
€3.95
|
|
| Apples (1 lb) |
$1.39
kr10.15
|
$0.85
€0.84
|
|
| Bananas (1 lb) |
$1.45
kr10.62
|
$0.76
€0.75
|
|
| Oranges (1 lb) |
$1.50
kr10.93
|
$0.86
€0.84
|
|
| Tomatoes (1 lb) |
$1.67
kr12.18
|
$1.05
€1.03
|
|
| Potatoes (1 lb) |
$0.32
kr2.34
|
$0.60
€0.59
|
|
| Onions (1 lb) |
$1.60
kr11.71
|
$0.65
€0.64
|
|
pay 11.0% more for transportation
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.26
kr38.45
|
$8.47
€8.31
|
|
| Monthly public transit pass | ?? |
$36.88
€36.21
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,463.71
kr280,954.35
|
$23,486.94
€23,056.36
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$16.94
€16.63
|
|
pay 45.0% less for housing
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$60.29
kr440.37
|
$29.40
€28.86
|
|
| 1-Bedroom apartment in downtown area |
$824.90
kr6,025.37
|
$560.05
€549.78
|
|
| 1-Bedroom apartment outside city center |
$683.49
kr4,992.45
|
$428.17
€420.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$324.41
kr2,369.64
|
$132.43
€130.01
|
|
pay 5.5 times more for childcare
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$212.12
kr1,549.38
|
$431.71
€423.80
|
|
| Middle school for 1 child, two semesters |
$1,051.97
kr7,684.05
|
$9,518.89
€9,344.38
|
|
pay 37.3% less for entertainment and sports
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.07
kr51.65
|
$4.48
€4.40
|
|
| Cappuccino in mid-range area |
$3.96
kr28.92
|
$1.48
€1.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.19
kr67.14
|
$5.97
€5.86
|
|
| Monthly membership at local gym |
$55.10
kr402.49
|
$48.62
€47.73
|
|
| Movie ticket to theater/cinema |
$14.85
kr108.46
|
$8.84
€8.67
|
|
pay 33.4% less for clothing
|
Faroe Islands
|
Italy
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$94.27
kr688.61
|
$72.84
€71.51
|
|
|
Regular dress
from H&M or similar store
|
$49.49
kr361.52
|
$34.55
€33.91
|
|
|
Running shoes
Nike or Adidas
|
$122.56
kr895.20
|
$82.76
€81.25
|
|
| Men's business shoes (leather) |
$207.40
kr1,514.95
|
$107.74
€105.76
|
|
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