Cost of living comparison
Venezuela is 11.5% cheaper than Faroe Islands.
If you lived in Venezuela instead of Faroe Islands, you would:
pay 62.7% less for restaurants
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.96
DKK152.98
|
$7.99
VEF79.74
|
|
Fast food combo meal
McDonalds, or similar
|
$19.03
DKK132.58
|
$8.68
VEF86.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.40
DKK23.71
|
$1.17
VEF11.71
|
|
Bottle of water (11 fl. oz) |
$2.68
DKK18.70
|
$0.88
VEF8.79
|
|
pay 39.6% less for groceries
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Bread
1 loaf
|
$4.00
DKK27.88
|
$1.84
VEF18.31
|
|
Local cheese (8 oz) |
$7.32
DKK50.99
|
$2.19
VEF21.84
|
|
Milk (1 gallon) |
$7.02
DKK48.90
|
$6.36
VEF63.46
|
|
Eggs
1 dozen
|
$3.86
DKK26.86
|
$2.09
VEF20.87
|
|
Boneless chicken breast (1 lb) |
$2.66
DKK18.50
|
$2.45
VEF24.41
|
|
Apples (1 lb) |
$1.33
DKK9.25
|
$1.99
VEF19.86
|
|
Bananas (1 lb) |
$1.43
DKK9.95
|
$0.46
VEF4.59
|
|
Oranges (1 lb) |
$1.66
DKK11.57
|
$0.57
VEF5.65
|
|
Tomatoes (1 lb) |
$1.73
DKK12.03
|
$0.70
VEF6.98
|
|
Potatoes (1 lb) | ?? |
$0.56
VEF5.63
|
|
Onions (1 lb) |
$2.32
DKK16.19
|
$0.79
VEF7.92
|
|
pay 49.8% less for transportation
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
DKK47.29
|
$1.90
VEF18.92
|
|
Monthly public transit pass | ?? |
$37.75
VEF376.54
|
|
New Volkswagen Golf 1.4 (standard edition) |
$43,041.61
DKK299,841.43
|
$31,166.67
VEF310,871.95
|
|
Taxi trip in downtown area (5 miles) | ?? |
$26.10
VEF260.30
|
|
pay 71.5% less for housing
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.56
DKK407.95
|
$39.45
VEF393.53
|
|
1-Bedroom apartment in downtown area |
$976.00
DKK6,799.13
|
$172.69
VEF1,722.45
|
|
1-Bedroom apartment outside city center |
$805.20
DKK5,609.28
|
$151.81
VEF1,514.18
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$140.39
DKK977.99
|
$14.14
VEF141.06
|
|
pay 3.6 times more for childcare
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$366.00
DKK2,549.67
|
$61.35
VEF611.96
|
|
Middle school for 1 child, two semesters |
$1,090.92
DKK7,599.67
|
$7,600.00
VEF75,806.21
|
|
pay 64.2% less for entertainment and sports
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.78
DKK61.19
|
$1.30
VEF12.94
|
|
Cappuccino in mid-range area |
$5.67
DKK39.52
|
$1.61
VEF16.07
|
|
Pack of cigarettes
Marlboro or similar
|
$9.52
DKK66.29
|
$3.77
VEF37.65
|
|
Monthly membership at local gym |
$56.36
DKK392.65
|
$33.33
VEF332.45
|
|
Movie ticket to theater/cinema |
$14.64
DKK101.99
|
$5.39
VEF53.75
|
|
pay 49.4% less for clothing
Faroe Islands
|
Venezuela
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$136.64
DKK951.88
|
$52.98
VEF528.42
|
|
Regular dress
from H&M or similar store
|
$47.58
DKK331.46
|
$38.48
VEF383.83
|
|
Running shoes
Nike or Adidas
|
$143.96
DKK1,002.87
|
$68.40
VEF682.30
|
|
Men's business shoes (leather) |
$204.96
DKK1,427.82
|
$72.31
VEF721.21
|
|
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