Cost of living comparison
Faroe Islands is 3.1 times more expensive than Colombia.
If you lived in Faroe Islands instead of Colombia, you would:
pay 4.1 times more for restaurants
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.20
COP18,446.13
|
$22.84
DKK163.47
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.62
COP29,064.95
|
$19.35
DKK138.53
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.78
COP3,444.04
|
$3.01
DKK21.58
|
|
| Bottle of water (11 fl. oz) |
$0.60
COP2,614.03
|
$2.44
DKK17.49
|
|
pay 2.6 times more for groceries
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.27
COP5,582.41
|
$7.20
DKK51.56
|
|
| Local cheese (8 oz) |
$2.16
COP9,501.61
|
$5.63
DKK40.27
|
|
| Milk (1 gallon) |
$3.88
COP17,036.77
|
$8.02
DKK57.40
|
|
|
Eggs
1 dozen
|
$2.02
COP8,871.37
|
$4.78
DKK34.23
|
|
| Boneless chicken breast (1 lb) |
$2.19
COP9,608.68
|
$5.87
DKK42.00
|
|
| Apples (1 lb) |
$1.07
COP4,703.77
|
$0.98
DKK7.00
|
|
| Bananas (1 lb) |
$0.45
COP1,996.59
|
$1.17
DKK8.40
|
|
| Oranges (1 lb) |
$0.55
COP2,422.55
|
$1.30
DKK9.33
|
|
| Tomatoes (1 lb) |
$0.46
COP2,008.09
|
$0.78
DKK5.60
|
|
| Potatoes (1 lb) |
$0.50
COP2,197.02
|
$1.17
DKK8.40
|
|
| Onions (1 lb) |
$0.45
COP1,988.28
|
$1.43
DKK10.27
|
|
pay 2.4 times more for transportation
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.05
COP13,406.81
|
$7.27
DKK52.05
|
|
| Monthly public transit pass |
$34.31
COP150,609.68
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$17,642.99
COP77,448,321.49
|
?? | |
| Taxi trip in downtown area (5 miles) |
$14.10
COP61,887.15
|
?? | |
pay 2.6 times more for housing
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.88
COP100,422.51
|
$61.08
DKK437.25
|
|
| 1-Bedroom apartment in downtown area |
$272.41
COP1,195,824.32
|
$785.35
DKK5,621.79
|
|
| 1-Bedroom apartment outside city center |
$235.87
COP1,035,412.90
|
$790.49
DKK5,658.57
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.40
COP291,491.67
|
$94.06
DKK673.34
|
|
pay (unknown) more for childcare
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$190.65
COP836,925.17
|
?? | |
| Middle school for 1 child, two semesters |
$4,364.51
COP19,159,126.61
|
?? |
pay 4.6 times more for entertainment and sports
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.15
COP5,065.27
|
$8.62
DKK61.73
|
|
| Cappuccino in mid-range area |
$1.40
COP6,164.30
|
$6.11
DKK43.73
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.09
COP9,186.21
|
$10.06
DKK72.02
|
|
| Monthly membership at local gym |
$22.45
COP98,570.14
|
$50.02
DKK358.03
|
|
| Movie ticket to theater/cinema |
$3.65
COP16,039.54
|
$15.09
DKK108.03
|
|
pay 2.2 times more for clothing
|
Colombia
|
Faroe Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.02
COP228,356.15
|
$141.28
DKK1,011.34
|
|
|
Regular dress
from H&M or similar store
|
$38.22
COP167,797.48
|
$50.30
DKK360.09
|
|
|
Running shoes
Nike or Adidas
|
$81.60
COP358,224.83
|
$146.12
DKK1,045.98
|
|
| Men's business shoes (leather) |
$69.09
COP303,270.58
|
$201.22
DKK1,440.36
|
|
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