Cost of living comparison
Nicaragua is 29.4% cheaper than Faroe Islands.
If you lived in Nicaragua instead of Faroe Islands, you would:
pay 73.2% less for restaurants
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.96
kr153.08
|
$4.65
C$171.60
|
|
Fast food combo meal
McDonalds, or similar
|
$19.03
kr132.67
|
$5.71
C$210.69
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.40
kr23.73
|
$0.82
C$30.23
|
|
Bottle of water (11 fl. oz) |
$2.68
kr18.71
|
$0.86
C$31.73
|
|
pay 36.9% less for groceries
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Bread
1 loaf
|
$4.00
kr27.89
|
$1.25
C$46.20
|
|
Local cheese (8 oz) |
$7.32
kr51.03
|
$1.74
C$64.17
|
|
Milk (1 gallon) |
$7.02
kr48.93
|
$3.94
C$145.21
|
|
Eggs
1 dozen
|
$3.86
kr26.87
|
$1.81
C$66.96
|
|
Boneless chicken breast (1 lb) |
$2.66
kr18.52
|
$2.36
C$87.24
|
|
Apples (1 lb) |
$1.33
kr9.26
|
$2.58
C$95.34
|
|
Bananas (1 lb) |
$1.43
kr9.95
|
$0.53
C$19.37
|
|
Oranges (1 lb) |
$1.66
kr11.57
|
$1.39
C$51.20
|
|
Tomatoes (1 lb) |
$1.73
kr12.04
|
$0.62
C$22.84
|
|
Potatoes (1 lb) | ?? |
$0.80
C$29.36
|
|
Onions (1 lb) |
$2.32
kr16.20
|
$0.77
C$28.38
|
|
pay 45.8% less for transportation
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
kr47.32
|
$4.74
C$174.79
|
|
Monthly public transit pass | ?? |
$7.00
C$258.24
|
|
New Volkswagen Golf 1.4 (standard edition) |
$43,041.61
kr300,034.43
|
$16,668.72
C$614,942.88
|
|
Taxi trip in downtown area (5 miles) | ?? |
$6.95
C$256.26
|
|
pay 42.7% less for housing
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.56
kr408.21
|
$71.08
C$2,622.35
|
|
1-Bedroom apartment in downtown area |
$976.00
kr6,803.50
|
$341.07
C$12,582.82
|
|
1-Bedroom apartment outside city center |
$805.20
kr5,612.89
|
$278.89
C$10,288.78
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$140.39
kr978.62
|
$53.79
C$1,984.29
|
|
pay 2.2 times more for childcare
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$366.00
kr2,551.31
|
$113.32
C$4,180.50
|
|
Middle school for 1 child, two semesters |
$1,090.92
kr7,604.56
|
$4,387.37
C$161,859.13
|
|
pay 63.2% less for entertainment and sports
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.78
kr61.23
|
$2.07
C$76.41
|
|
Cappuccino in mid-range area |
$5.67
kr39.55
|
$2.19
C$80.87
|
|
Pack of cigarettes
Marlboro or similar
|
$9.52
kr66.33
|
$3.06
C$112.95
|
|
Monthly membership at local gym |
$56.36
kr392.90
|
$30.79
C$1,135.80
|
|
Movie ticket to theater/cinema |
$14.64
kr102.05
|
$5.10
C$188.20
|
|
pay 60.8% less for clothing
Faroe Islands
|
Nicaragua
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$136.64
kr952.49
|
$33.90
C$1,250.73
|
|
Regular dress
from H&M or similar store
|
$47.58
kr331.67
|
$34.04
C$1,255.62
|
|
Running shoes
Nike or Adidas
|
$143.96
kr1,003.52
|
$48.18
C$1,777.38
|
|
Men's business shoes (leather) |
$204.96
kr1,428.74
|
$55.00
C$2,028.96
|
|
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