Cost of living comparison
Faroe Islands is 3.6 times more expensive than Iraq.
If you lived in Faroe Islands instead of Iraq, you would:
pay 6.5 times more for restaurants
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.48
IQD5,847
|
$21.96
DKK152.18
|
|
Fast food combo meal
McDonalds, or similar
|
$6.61
IQD8,637
|
$19.03
DKK131.89
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.46
IQD597
|
$3.40
DKK23.59
|
|
Bottle of water (11 fl. oz) |
$0.25
IQD324
|
$2.68
DKK18.60
|
|
pay 3.7 times more for groceries
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$0.83
IQD1,078
|
$4.00
DKK27.73
|
|
Local cheese (8 oz) |
$2.12
IQD2,766
|
$7.32
DKK50.73
|
|
Milk (1 gallon) |
$4.32
IQD5,646
|
$7.02
DKK48.65
|
|
Eggs
1 dozen
|
$1.76
IQD2,297
|
$3.86
DKK26.72
|
|
Boneless chicken breast (1 lb) |
$1.64
IQD2,144
|
$2.66
DKK18.41
|
|
Apples (1 lb) |
$0.46
IQD600
|
$1.33
DKK9.20
|
|
Bananas (1 lb) |
$0.49
IQD635
|
$1.43
DKK9.89
|
|
Oranges (1 lb) |
$0.47
IQD611
|
$1.66
DKK11.50
|
|
Tomatoes (1 lb) |
$0.31
IQD405
|
$1.73
DKK11.96
|
|
Potatoes (1 lb) |
$0.29
IQD379
|
?? | |
Onions (1 lb) |
$0.28
IQD370
|
$2.32
DKK16.11
|
|
pay 3.3 times more for transportation
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.72
IQD2,250
|
$6.79
DKK47.05
|
|
Monthly public transit pass |
$27.22
IQD35,550
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$16,262.95
IQD21,243,604
|
$43,041.61
DKK298,274.03
|
|
Taxi trip in downtown area (5 miles) |
$16.77
IQD21,904
|
?? | |
pay 2.9 times more for housing
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$38.80
IQD50,687
|
$58.56
DKK405.82
|
|
1-Bedroom apartment in downtown area |
$279.28
IQD364,818
|
$976.00
DKK6,763.58
|
|
1-Bedroom apartment outside city center |
$186.02
IQD242,989
|
$805.20
DKK5,579.96
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.50
IQD86,864
|
$140.39
DKK972.88
|
|
pay 2.0 times more for childcare
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$109.67
IQD143,255
|
$366.00
DKK2,536.34
|
|
Middle school for 1 child, two semesters |
$1,546.87
IQD2,020,607
|
$1,090.92
DKK7,559.94
|
|
pay 3.0 times more for entertainment and sports
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.49
IQD3,246
|
$8.78
DKK60.87
|
|
Cappuccino in mid-range area |
$2.24
IQD2,928
|
$5.67
DKK39.31
|
|
Pack of cigarettes
Marlboro or similar
|
$1.78
IQD2,319
|
$9.52
DKK65.94
|
|
Monthly membership at local gym |
$29.64
IQD38,720
|
$56.36
DKK390.60
|
|
Movie ticket to theater/cinema |
$8.53
IQD11,141
|
$14.64
DKK101.45
|
|
pay 3.6 times more for clothing
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$24.73
IQD32,299
|
$136.64
DKK946.90
|
|
Regular dress
from H&M or similar store
|
$25.30
IQD33,052
|
$47.58
DKK329.72
|
|
Running shoes
Nike or Adidas
|
$45.64
IQD59,623
|
$143.96
DKK997.63
|
|
Men's business shoes (leather) |
$51.98
IQD67,897
|
$204.96
DKK1,420.35
|
|
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