Cost of living comparison
Italy is 23.7% cheaper than Faroe Islands.
If you lived in Italy instead of Faroe Islands, you would:
pay 35.7% less for restaurants
Faroe Islands
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$22.84
DKK161.64
|
$16.15
€15.32
|
|
Fast food combo meal
McDonalds, or similar
|
$19.35
DKK136.97
|
$10.06
€9.54
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.01
DKK21.34
|
$2.55
€2.42
|
|
Bottle of water (11 fl. oz) |
$2.44
DKK17.29
|
$1.22
€1.16
|
|
pay 17.4% less for groceries
Faroe Islands
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$7.20
DKK50.98
|
$2.04
€1.94
|
|
Local cheese (8 oz) |
$5.63
DKK39.82
|
$6.83
€6.48
|
|
Milk (1 gallon) |
$8.02
DKK56.75
|
$5.53
€5.25
|
|
Eggs
1 dozen
|
$4.78
DKK33.84
|
$3.41
€3.23
|
|
Boneless chicken breast (1 lb) |
$5.87
DKK41.53
|
$5.05
€4.79
|
|
Apples (1 lb) |
$0.98
DKK6.92
|
$0.97
€0.92
|
|
Bananas (1 lb) |
$1.17
DKK8.31
|
$0.85
€0.80
|
|
Oranges (1 lb) |
$1.30
DKK9.23
|
$1.04
€0.99
|
|
Tomatoes (1 lb) |
$0.78
DKK5.54
|
$1.31
€1.24
|
|
Potatoes (1 lb) |
$1.17
DKK8.31
|
$0.76
€0.72
|
|
Onions (1 lb) |
$1.43
DKK10.15
|
$0.71
€0.67
|
|
pay 0.7% less for transportation
Faroe Islands
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.27
DKK51.47
|
$7.22
€6.85
|
|
Monthly public transit pass | ?? |
$38.81
€36.80
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$28,223.13
€26,765.75
|
|
Taxi trip in downtown area (5 miles) | ?? |
$19.13
€18.14
|
|
pay 11.1% less for housing
Faroe Islands
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$61.08
DKK432.35
|
$28.87
€27.38
|
|
1-Bedroom apartment in downtown area |
$785.35
DKK5,558.73
|
$656.19
€622.30
|
|
1-Bedroom apartment outside city center |
$790.49
DKK5,595.10
|
$511.91
€485.48
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$94.06
DKK665.79
|
$150.39
€142.63
|
|
pay (unknown) more for childcare
Faroe Islands
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$508.72
€482.45
|
|
Middle school for 1 child, two semesters | ?? |
$9,465.55
€8,976.76
|
pay 37.3% less for entertainment and sports
Faroe Islands
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.62
DKK61.04
|
$5.01
€4.75
|
|
Cappuccino in mid-range area |
$6.11
DKK43.23
|
$1.69
€1.60
|
|
Pack of cigarettes
Marlboro or similar
|
$10.06
DKK71.21
|
$6.20
€5.88
|
|
Monthly membership at local gym |
$50.02
DKK354.02
|
$52.12
€49.43
|
|
Movie ticket to theater/cinema |
$15.09
DKK106.82
|
$9.39
€8.91
|
|
pay 40.2% less for clothing
Faroe Islands
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$141.28
DKK1,000.00
|
$78.41
€74.36
|
|
Regular dress
from H&M or similar store
|
$50.30
DKK356.05
|
$33.87
€32.12
|
|
Running shoes
Nike or Adidas
|
$146.12
DKK1,034.25
|
$86.07
€81.62
|
|
Men's business shoes (leather) |
$201.22
DKK1,424.21
|
$115.43
€109.47
|
|
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