Cost of living comparison

Faroe Islands

compared to

Serbia

Serbia vs. Faroe Islands Cost of Living Summary

Serbia is 55.5% cheaper than Faroe Islands overall.

Restaurants: pay 49.5% less in Serbia
Groceries: pay 69.6% less in Serbia
Transportation: pay 3.5% less in Serbia
Housing: pay 63.0% less in Serbia
Childcare: pay 47.0% less in Serbia
Entertainment and Sports: pay 64.1% less in Serbia
Clothing: pay 39.5% less in Serbia

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

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Serbia vs. Faroe Islands Cost Breakdown

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

Display currency: USD

pay 49.5% less for restaurants

	Faroe Islands	Serbia
Basic meal with drink at inexpensive restaurant	$18.71 DKK125.29	$8.70 RSD916	-53.5%
Fast food combo meal McDonalds, or similar	$19.96 DKK133.67	$9.63 RSD1,013	-51.8%
Bottle of Coca-Cola (11 fl. oz)	$3.12 DKK20.90	$2.05 RSD216	-34.2%
Bottle of water (11 fl. oz)	$2.37 DKK15.89	$1.58 RSD166	-33.6%
Average			-49.5%

Faroe Islands vs. Serbia - Cost of restaurants

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pay 69.6% less for groceries

	Faroe Islands	Serbia
Bread 1 loaf	$8.07 DKK54.05	$0.78 RSD82	-90.4%
Local cheese (8 oz)	$6.92 DKK46.34	$4.54 RSD478	-34.3%
Milk (1 gallon)	$9.97 DKK66.80	$4.83 RSD508	-51.6%
Eggs 1 dozen	$6.35 DKK42.54	$2.32 RSD244	-63.5%
Boneless chicken breast (1 lb)	$6.46 DKK43.23	$2.82 RSD297	-56.2%
Apples (1 lb)	$1.83 DKK12.29	$0.56 RSD59	-69.5%
Bananas (1 lb)	$2.51 DKK16.84	$0.78 RSD82	-69.1%
Oranges (1 lb)	$2.72 DKK18.20	$0.72 RSD75	-73.6%
Tomatoes (1 lb)	$2.34 DKK15.70	$1.00 RSD105	-57.4%
Potatoes (1 lb)	$1.65 DKK11.07	$0.41 RSD44	-75.0%
Onions (1 lb)	$2.08 DKK13.96	$0.32 RSD34	-84.4%
Average			-69.6%

Faroe Islands vs. Serbia - Cost of groceries

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pay 3.5% less for transportation

	Faroe Islands	Serbia
Gasoline (1 gallon)	$6.59 DKK44.11	$6.92 RSD729	+5.1%
Monthly public transit pass	$29.96 DKK200.66	$25.68 RSD2,703	-14.3%
New Volkswagen Golf 1.4 (standard edition)	??	$29,965.17 RSD3M
Taxi trip in downtown area (5 miles)	??	$9.06 RSD954
Average			-3.5%

Faroe Islands vs. Serbia - Cost of transportation

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pay 63.0% less for housing

	Faroe Islands	Serbia
Internet connection 50 mbps or faster, cable/dsl	$89.88 DKK601.99	$26.71 RSD2,812	-70.3%
1-Bedroom apartment in downtown area	$1,084.60 DKK7,264.01	$340.23 RSD35,810	-68.6%
1-Bedroom apartment outside city center	$894.30 DKK5,989.49	$248.38 RSD26,143	-72.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$98.04 DKK656.64	$130.61 RSD13,747	+33.2%
Average			-63.0%

Faroe Islands vs. Serbia - Cost of housing

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pay 47.0% less for childcare

	Faroe Islands	Serbia
Private preschool for 1 child, monthly	$488.12 DKK3,269.14	$258.66 RSD27,225	-47.0%
Middle school for 1 child, two semesters	??	$7,159.32 RSD754K
Average			-47.0%

Faroe Islands vs. Serbia - Cost of childcare

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pay 64.1% less for entertainment and sports

	Faroe Islands	Serbia
Domestic/local beer (1 pint)	$9.48 DKK63.52	$2.55 RSD268	-73.1%
Cappuccino in mid-range area	$6.45 DKK43.19	$1.92 RSD202	-70.3%
Pack of cigarettes Marlboro or similar	$11.24 DKK75.25	$4.33 RSD456	-61.4%
Monthly membership at local gym	$55.13 DKK369.22	$29.21 RSD3,074	-47.0%
Movie ticket to theater/cinema	$16.10 DKK107.86	$5.57 RSD586	-65.4%
Average			-64.1%

Faroe Islands vs. Serbia - Cost of entertainment and sports

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pay 39.5% less for clothing

	Faroe Islands	Serbia
Regular jeans Levi's brand	$140.41 DKK940.36	$82.25 RSD8,657	-41.4%
Regular dress from H&M or similar store	$59.92 DKK401.33	$45.18 RSD4,755	-24.6%
Running shoes Nike or Adidas	$166.66 DKK1,116.19	$105.67 RSD11,122	-36.6%
Men's business shoes (leather)	$244.68 DKK1,638.75	$117.40 RSD12,357	-52.0%
Average			-39.5%

Faroe Islands vs. Serbia - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

Compare further: Faroe Islands vs. Serbia

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Quality of Life Comparison · 5 statistics

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Size Comparison · See true size

Faroe Islands is about 56 times smaller than Serbia.

Moving from Faroe Islands to Serbia · Cost, visas & climate

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