Cost of living comparison

Faroe Islands

compared to

Paraguay

Paraguay vs. Faroe Islands Cost of Living Summary

Paraguay is 66.8% cheaper than Faroe Islands overall.

Restaurants: pay 78.6% less in Paraguay
Groceries: pay 58.6% less in Paraguay
Transportation: pay 54.4% less in Paraguay
Housing: pay 69.0% less in Paraguay
Childcare: pay 78.5% less in Paraguay
Entertainment and Sports: pay 70.0% less in Paraguay
Clothing: pay 58.2% less in Paraguay

Expenses including restaurants, childcare, entertainment and sports, housing, groceries, and clothing are lower in Paraguay.

Paraguay vs. Faroe Islands Cost Breakdown

If you lived in Paraguay instead of Faroe Islands, you would:

Display currency: USD

pay 78.6% less for restaurants

	Faroe Islands	Paraguay
Basic meal with drink at inexpensive restaurant	$24.88 DKK160.73	$4.00 PYG24,500	-83.9%
Fast food combo meal McDonalds, or similar	$20.13 DKK130.04	$5.16 PYG31,594	-74.4%
Bottle of Coca-Cola (11 fl. oz)	$3.21 DKK20.75	$0.83 PYG5,062	-74.3%
Bottle of water (11 fl. oz)	$2.66 DKK17.19	$0.49 PYG2,979	-81.7%
Average			-78.6%

Faroe Islands vs. Paraguay - Cost of restaurants

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pay 58.6% less for groceries

	Faroe Islands	Paraguay
Bread 1 loaf	$7.99 DKK51.64	$1.04 PYG6,347	-87.0%
Local cheese (8 oz)	$6.13 DKK39.59	$3.49 PYG21,369	-43.0%
Milk (1 gallon)	$10.29 DKK66.51	$3.52 PYG21,548	-65.8%
Eggs 1 dozen	$5.83 DKK37.68	$1.81 PYG11,060	-69.0%
Boneless chicken breast (1 lb)	$6.39 DKK41.28	$1.51 PYG9,235	-76.4%
Apples (1 lb)	$1.06 DKK6.88	$0.94 PYG5,765	-11.6%
Bananas (1 lb)	$1.28 DKK8.26	$0.41 PYG2,480	-68.3%
Oranges (1 lb)	$1.42 DKK9.17	$0.40 PYG2,470	-71.6%
Tomatoes (1 lb)	$0.85 DKK5.50	$0.73 PYG4,491	-13.9%
Potatoes (1 lb)	$1.28 DKK8.26	$0.46 PYG2,796	-64.3%
Onions (1 lb)	$1.56 DKK10.09	$0.41 PYG2,507	-73.8%
Average			-58.6%

Faroe Islands vs. Paraguay - Cost of groceries

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pay 54.4% less for transportation

	Faroe Islands	Paraguay
Gasoline (1 gallon)	$7.92 DKK51.16	$3.61 PYG22,095	-54.4%
Monthly public transit pass	??	$28.58 PYG175K
New Volkswagen Golf 1.4 (standard edition)	??	$15,411.13 PYG94M
Taxi trip in downtown area (5 miles)	??	$7.41 PYG45,375
Average			-54.4%

Faroe Islands vs. Paraguay - Cost of transportation

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pay 69.0% less for housing

	Faroe Islands	Paraguay
Internet connection 50 mbps or faster, cable/dsl	$70.42 DKK455.02	$16.79 PYG103K	-76.2%
1-Bedroom apartment in downtown area	$898.43 DKK5,804.84	$394.03 PYG2M	-56.1%
1-Bedroom apartment outside city center	$1,017.24 DKK6,572.50	$298.30 PYG2M	-70.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$102.42 DKK661.77	$27.56 PYG169K	-73.1%
Average			-69.0%

Faroe Islands vs. Paraguay - Cost of housing

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pay 78.5% less for childcare

	Faroe Islands	Paraguay
Private preschool for 1 child, monthly	$563.40 DKK3,640.15	$120.95 PYG741K	-78.5%
Middle school for 1 child, two semesters	??	$2,948.66 PYG18M
Average			-78.5%

Faroe Islands vs. Paraguay - Cost of childcare

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pay 70.0% less for entertainment and sports

	Faroe Islands	Paraguay
Domestic/local beer (1 pint)	$9.39 DKK60.67	$1.33 PYG8,149	-85.8%
Cappuccino in mid-range area	$7.09 DKK45.80	$1.82 PYG11,138	-74.3%
Pack of cigarettes Marlboro or similar	$10.95 DKK70.78	$1.26 PYG7,720	-88.5%
Monthly membership at local gym	$40.90 DKK264.25	$26.69 PYG163K	-34.7%
Movie ticket to theater/cinema	$16.43 DKK106.17	$5.49 PYG33,595	-66.6%
Average			-70.0%

Faroe Islands vs. Paraguay - Cost of entertainment and sports

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pay 58.2% less for clothing

	Faroe Islands	Paraguay
Regular jeans Levi's brand	$153.84 DKK993.96	$55.16 PYG338K	-64.1%
Regular dress from H&M or similar store	$62.60 DKK404.46	$37.83 PYG232K	-39.6%
Running shoes Nike or Adidas	$169.54 DKK1,095.42	$78.06 PYG478K	-54.0%
Men's business shoes (leather)	$224.31 DKK1,449.32	$55.34 PYG339K	-75.3%
Average			-58.2%

Faroe Islands vs. Paraguay - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2026

Compare further: Faroe Islands vs. Paraguay

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Quality of Life Comparison · 5 statistics

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Size Comparison · See true size

Faroe Islands is about 292 times smaller than Paraguay.

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