Cost of living comparison
Faroe Islands is 27.8% more expensive than Gibraltar overall.
- Restaurants
-
pay 38.2% more in Faroe Islands
- Groceries
-
pay 28.2% more in Faroe Islands
- Transportation
-
pay 22.1% more in Faroe Islands
- Housing
-
pay 20.9% less in Faroe Islands
- Entertainment and Sports
-
pay 56.1% more in Faroe Islands
- Clothing
-
pay 43.2% more in Faroe Islands
The cost of entertainment and sports, clothing, restaurants, groceries, and transportation in Faroe Islands are more expensive than in Gibraltar.
If you lived in Faroe Islands instead of Gibraltar, you would:
pay 38.2% more for restaurants
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$20.66
GIP15.58
|
$22.84
DKK149.93
|
|
Fast food combo meal
McDonalds, or similar
|
$10.98
GIP8.28
|
$19.35
DKK127.05
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.15
GIP1.62
|
$3.01
DKK19.79
|
|
Bottle of water (11 fl. oz) |
$1.94
GIP1.46
|
$2.44
DKK16.04
|
|
pay 28.2% more for groceries
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$1.78
GIP1.34
|
$7.20
DKK47.29
|
|
Local cheese (8 oz) |
$4.65
GIP3.51
|
$5.63
DKK36.94
|
|
Milk (1 gallon) |
$8.40
GIP6.33
|
$8.02
DKK52.64
|
|
Eggs
1 dozen
|
$3.80
GIP2.86
|
$4.78
DKK31.39
|
|
Boneless chicken breast (1 lb) |
$3.99
GIP3.00
|
$5.87
DKK38.52
|
|
Apples (1 lb) |
$1.83
GIP1.38
|
$0.98
DKK6.42
|
|
Bananas (1 lb) |
$1.61
GIP1.21
|
$1.17
DKK7.70
|
|
Oranges (1 lb) |
$1.86
GIP1.40
|
$1.30
DKK8.56
|
|
Tomatoes (1 lb) |
$1.76
GIP1.32
|
$0.78
DKK5.14
|
|
Potatoes (1 lb) |
$1.05
GIP0.79
|
$1.17
DKK7.70
|
|
Onions (1 lb) |
$0.88
GIP0.67
|
$1.43
DKK9.42
|
|
pay 22.1% more for transportation
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.96
GIP4.49
|
$7.27
DKK47.74
|
|
Monthly public transit pass |
$8.33
GIP6.28
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$31,804.11
GIP23,975.31
|
?? | |
Taxi trip in downtown area (5 miles) |
$25.57
GIP19.28
|
?? | |
pay 20.9% less for housing
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$54.78
GIP41.30
|
$61.08
DKK401.04
|
|
1-Bedroom apartment in downtown area |
$1,685.73
GIP1,270.77
|
$785.35
DKK5,156.23
|
|
1-Bedroom apartment outside city center |
$1,569.58
GIP1,183.22
|
$790.49
DKK5,189.96
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$87.28
GIP65.80
|
$94.06
DKK617.58
|
|
pay (unknown) more for childcare
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$825.15
GIP622.03
|
?? | |
Middle school for 1 child, two semesters |
$15,498.45
GIP11,683.40
|
?? |
pay 56.1% more for entertainment and sports
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.17
GIP3.89
|
$8.62
DKK56.62
|
|
Cappuccino in mid-range area |
$3.14
GIP2.37
|
$6.11
DKK40.10
|
|
Pack of cigarettes
Marlboro or similar
|
$4.65
GIP3.51
|
$10.06
DKK66.05
|
|
Monthly membership at local gym |
$76.95
GIP58.01
|
$50.02
DKK328.38
|
|
Movie ticket to theater/cinema |
$10.98
GIP8.28
|
$15.09
DKK99.08
|
|
pay 43.2% more for clothing
Gibraltar
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$128.35
GIP96.75
|
$141.28
DKK927.59
|
|
Regular dress
from H&M or similar store
|
$42.78
GIP32.25
|
$50.30
DKK330.27
|
|
Running shoes
Nike or Adidas
|
$130.95
GIP98.71
|
$146.12
DKK959.36
|
|
Men's business shoes (leather) |
$86.10
GIP64.91
|
$201.22
DKK1,321.08
|
|
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