Cost of living comparison
Faroe Islands is 2.3 times more expensive than Hungary.
If you lived in Faroe Islands instead of Hungary, you would:
pay 3.0 times more for restaurants
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.37
Ft2,718.80
|
$21.96
kr153.94
|
|
Fast food combo meal
McDonalds, or similar
|
$5.73
Ft2,114.00
|
$19.03
kr133.42
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.18
Ft435.01
|
$3.40
kr23.86
|
|
Bottle of water (11 fl. oz) |
$0.97
Ft357.06
|
$2.68
kr18.82
|
|
pay 2.3 times more for groceries
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$1.13
Ft417.53
|
$4.00
kr28.05
|
|
Local cheese (8 oz) |
$5.07
Ft1,870.49
|
$7.32
kr51.31
|
|
Milk (1 gallon) |
$3.47
Ft1,282.09
|
$7.02
kr49.21
|
|
Eggs
1 dozen
|
$2.28
Ft839.85
|
$3.86
kr27.03
|
|
Boneless chicken breast (1 lb) |
$2.16
Ft798.48
|
$2.66
kr18.62
|
|
Apples (1 lb) |
$0.64
Ft235.48
|
$1.33
kr9.31
|
|
Bananas (1 lb) |
$0.65
Ft239.94
|
$1.43
kr10.01
|
|
Oranges (1 lb) |
$0.69
Ft255.27
|
$1.66
kr11.64
|
|
Tomatoes (1 lb) |
$1.39
Ft512.18
|
$1.73
kr12.10
|
|
Potatoes (1 lb) |
$0.44
Ft163.81
|
?? | |
Onions (1 lb) |
$0.44
Ft163.31
|
$2.32
kr16.29
|
|
pay 60.1% more for transportation
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.48
Ft2,020.81
|
$6.79
kr47.59
|
|
Monthly public transit pass |
$24.10
Ft8,894.30
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$21,929.98
Ft8,092,819.80
|
$43,041.61
kr301,730.27
|
|
Taxi trip in downtown area (5 miles) |
$10.36
Ft3,823.37
|
?? | |
pay 2.8 times more for housing
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$13.65
Ft5,037.73
|
$58.56
kr410.52
|
|
1-Bedroom apartment in downtown area |
$356.86
Ft131,691.14
|
$976.00
kr6,841.96
|
|
1-Bedroom apartment outside city center |
$280.52
Ft103,520.69
|
$805.20
kr5,644.61
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$110.62
Ft40,820.68
|
$140.39
kr984.16
|
|
pay 4.2% less for childcare
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$218.36
Ft80,580.91
|
$366.00
kr2,565.73
|
|
Middle school for 1 child, two semesters |
$4,572.41
Ft1,687,356.02
|
$1,090.92
kr7,647.54
|
|
pay 2.9 times more for entertainment and sports
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.58
Ft582.82
|
$8.78
kr61.58
|
|
Cappuccino in mid-range area |
$1.71
Ft630.36
|
$5.67
kr39.77
|
|
Pack of cigarettes
Marlboro or similar
|
$5.63
Ft2,078.10
|
$9.52
kr66.71
|
|
Monthly membership at local gym |
$36.88
Ft13,611.02
|
$56.36
kr395.12
|
|
Movie ticket to theater/cinema |
$5.73
Ft2,113.47
|
$14.64
kr102.63
|
|
pay 2.2 times more for clothing
Hungary
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$57.90
Ft21,366.09
|
$136.64
kr957.87
|
|
Regular dress
from H&M or similar store
|
$26.48
Ft9,772.00
|
$47.58
kr333.55
|
|
Running shoes
Nike or Adidas
|
$72.51
Ft26,760.07
|
$143.96
kr1,009.19
|
|
Men's business shoes (leather) |
$73.83
Ft27,245.82
|
$204.96
kr1,436.81
|
|
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