Cost of living comparison
Faroe Islands is 2.3 times more expensive than Armenia.
If you lived in Faroe Islands instead of Armenia, you would:
pay 3.2 times more for restaurants
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.61
AMD4,134.07
|
$22.84
DKK161.64
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.00
AMD3,507.69
|
$19.35
DKK136.97
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.86
AMD335.46
|
$3.01
DKK21.34
|
|
| Bottle of water (11 fl. oz) |
$0.49
AMD191.48
|
$2.44
DKK17.29
|
|
pay 2.9 times more for groceries
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.70
AMD271.79
|
$7.20
DKK50.98
|
|
| Local cheese (8 oz) |
$3.88
AMD1,512.73
|
$5.63
DKK39.82
|
|
| Milk (1 gallon) |
$5.47
AMD2,132.51
|
$8.02
DKK56.75
|
|
|
Eggs
1 dozen
|
$2.20
AMD855.57
|
$4.78
DKK33.84
|
|
| Boneless chicken breast (1 lb) |
$3.20
AMD1,248.42
|
$5.87
DKK41.53
|
|
| Apples (1 lb) |
$0.56
AMD217.54
|
$0.98
DKK6.92
|
|
| Bananas (1 lb) |
$0.73
AMD285.76
|
$1.17
DKK8.31
|
|
| Oranges (1 lb) |
$0.64
AMD248.69
|
$1.30
DKK9.23
|
|
| Tomatoes (1 lb) |
$0.80
AMD310.14
|
$0.78
DKK5.54
|
|
| Potatoes (1 lb) |
$0.34
AMD130.78
|
$1.17
DKK8.31
|
|
| Onions (1 lb) |
$0.31
AMD122.50
|
$1.43
DKK10.15
|
|
pay 57.2% more for transportation
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.63
AMD1,802.27
|
$7.27
DKK51.47
|
|
| Monthly public transit pass |
$12.86
AMD5,010.99
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$30,864.95
AMD12,026,377.03
|
?? | |
| Taxi trip in downtown area (5 miles) |
$3.76
AMD1,463.21
|
?? | |
pay 78.8% more for housing
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$19.21
AMD7,484.72
|
$61.08
DKK432.35
|
|
| 1-Bedroom apartment in downtown area |
$684.28
AMD266,624.82
|
$785.35
DKK5,558.73
|
|
| 1-Bedroom apartment outside city center |
$447.92
AMD174,529.00
|
$790.49
DKK5,595.10
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$89.01
AMD34,681.32
|
$94.06
DKK665.79
|
|
pay (unknown) more for childcare
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$270.71
AMD105,481.35
|
?? | |
| Middle school for 1 child, two semesters |
$9,038.40
AMD3,521,768.62
|
?? |
pay 2.9 times more for entertainment and sports
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.67
AMD651.43
|
$8.62
DKK61.04
|
|
| Cappuccino in mid-range area |
$2.87
AMD1,117.15
|
$6.11
DKK43.23
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.57
AMD1,002.20
|
$10.06
DKK71.21
|
|
| Monthly membership at local gym |
$67.15
AMD26,166.29
|
$50.02
DKK354.02
|
|
| Movie ticket to theater/cinema |
$5.79
AMD2,254.95
|
$15.09
DKK106.82
|
|
pay 67.3% more for clothing
|
Armenia
|
Faroe Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$70.99
AMD27,661.39
|
$141.28
DKK1,000.00
|
|
|
Regular dress
from H&M or similar store
|
$51.27
AMD19,976.49
|
$50.30
DKK356.05
|
|
|
Running shoes
Nike or Adidas
|
$139.93
AMD54,522.21
|
$146.12
DKK1,034.25
|
|
| Men's business shoes (leather) |
$75.15
AMD29,281.61
|
$201.22
DKK1,424.21
|
|
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