Cost of living comparison
Armenia is 42.9% cheaper than Faroe Islands overall.
- Restaurants
-
pay 64.6% less in Armenia
- Groceries
-
pay 48.3% less in Armenia
- Transportation
-
pay 36.4% less in Armenia
- Housing
-
pay 32.5% less in Armenia
- Entertainment and Sports
-
pay 47.1% less in Armenia
- Clothing
-
pay 28.7% less in Armenia
Expenses including restaurants, groceries, entertainment and sports, transportation, housing, and clothing are lower in Armenia.
If you lived in Armenia instead of Faroe Islands, you would:
pay 64.6% less for restaurants
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$22.84
DKK149.93
|
$10.61
AMD4,140.73
|
|
|
Fast food combo meal
McDonalds, or similar
|
$19.35
DKK127.05
|
$9.00
AMD3,513.35
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.01
DKK19.79
|
$0.86
AMD336.00
|
|
| Bottle of water (11 fl. oz) |
$2.44
DKK16.04
|
$0.49
AMD191.79
|
|
pay 48.3% less for groceries
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$7.20
DKK47.29
|
$0.70
AMD272.23
|
|
| Local cheese (8 oz) |
$5.63
DKK36.94
|
$3.88
AMD1,515.17
|
|
| Milk (1 gallon) |
$8.02
DKK52.64
|
$5.47
AMD2,135.94
|
|
|
Eggs
1 dozen
|
$4.78
DKK31.39
|
$2.20
AMD856.95
|
|
| Boneless chicken breast (1 lb) |
$5.87
DKK38.52
|
$3.20
AMD1,250.43
|
|
| Apples (1 lb) |
$0.98
DKK6.42
|
$0.56
AMD217.89
|
|
| Bananas (1 lb) |
$1.17
DKK7.70
|
$0.73
AMD286.22
|
|
| Oranges (1 lb) |
$1.30
DKK8.56
|
$0.64
AMD249.09
|
|
| Tomatoes (1 lb) |
$0.78
DKK5.14
|
$0.80
AMD310.64
|
|
| Potatoes (1 lb) |
$1.17
DKK7.70
|
$0.34
AMD130.99
|
|
| Onions (1 lb) |
$1.43
DKK9.42
|
$0.31
AMD122.70
|
|
pay 36.4% less for transportation
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.27
DKK47.74
|
$4.63
AMD1,805.17
|
|
| Monthly public transit pass | ?? |
$12.86
AMD5,019.07
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$30,864.95
AMD12,045,761.86
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$3.76
AMD1,465.57
|
|
pay 32.5% less for housing
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.08
DKK401.04
|
$19.21
AMD7,496.78
|
|
| 1-Bedroom apartment in downtown area |
$785.35
DKK5,156.23
|
$684.28
AMD267,054.58
|
|
| 1-Bedroom apartment outside city center |
$790.49
DKK5,189.96
|
$447.92
AMD174,810.31
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.06
DKK617.58
|
$89.01
AMD34,737.22
|
|
pay (unknown) more for childcare
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$270.71
AMD105,651.37
|
|
| Middle school for 1 child, two semesters | ?? |
$9,038.40
AMD3,527,445.22
|
pay 47.1% less for entertainment and sports
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.62
DKK56.62
|
$1.67
AMD652.48
|
|
| Cappuccino in mid-range area |
$6.11
DKK40.10
|
$2.87
AMD1,118.95
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.06
DKK66.05
|
$2.57
AMD1,003.81
|
|
| Monthly membership at local gym |
$50.02
DKK328.38
|
$67.15
AMD26,208.47
|
|
| Movie ticket to theater/cinema |
$15.09
DKK99.08
|
$5.79
AMD2,258.58
|
|
pay 28.7% less for clothing
|
Faroe Islands
|
Armenia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$141.28
DKK927.59
|
$70.99
AMD27,705.98
|
|
|
Regular dress
from H&M or similar store
|
$50.30
DKK330.27
|
$51.27
AMD20,008.69
|
|
|
Running shoes
Nike or Adidas
|
$146.12
DKK959.36
|
$139.93
AMD54,610.09
|
|
| Men's business shoes (leather) |
$201.22
DKK1,321.08
|
$75.15
AMD29,328.81
|
|
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