Cost of living comparison
Faroe Islands is 3.9 times more expensive than Iraq.
If you lived in Faroe Islands instead of Iraq, you would:
pay 6.5 times more for restaurants
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.64
IQD6,059
|
$22.84
DKK163.32
|
|
Fast food combo meal
McDonalds, or similar
|
$6.72
IQD8,770
|
$19.35
DKK138.40
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.42
IQD543
|
$3.01
DKK21.56
|
|
Bottle of water (11 fl. oz) |
$0.22
IQD291
|
$2.44
DKK17.47
|
|
pay 3.4 times more for groceries
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$0.82
IQD1,064
|
$7.20
DKK51.52
|
|
Local cheese (8 oz) |
$2.51
IQD3,278
|
$5.63
DKK40.23
|
|
Milk (1 gallon) |
$4.56
IQD5,950
|
$8.02
DKK57.34
|
|
Eggs
1 dozen
|
$1.76
IQD2,302
|
$4.78
DKK34.19
|
|
Boneless chicken breast (1 lb) |
$2.21
IQD2,881
|
$5.87
DKK41.96
|
|
Apples (1 lb) |
$0.48
IQD628
|
$0.98
DKK6.99
|
|
Bananas (1 lb) |
$0.52
IQD674
|
$1.17
DKK8.39
|
|
Oranges (1 lb) |
$0.44
IQD579
|
$1.30
DKK9.32
|
|
Tomatoes (1 lb) |
$0.30
IQD397
|
$0.78
DKK5.59
|
|
Potatoes (1 lb) |
$0.28
IQD361
|
$1.17
DKK8.39
|
|
Onions (1 lb) |
$0.28
IQD366
|
$1.43
DKK10.26
|
|
pay 3.8 times more for transportation
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.93
IQD2,512
|
$7.27
DKK52.00
|
|
Monthly public transit pass |
$39.46
IQD51,491
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$16,587.19
IQD21,641,945
|
?? | |
Taxi trip in downtown area (5 miles) |
$15.54
IQD20,271
|
?? | |
pay 2.5 times more for housing
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.52
IQD45,046
|
$61.08
DKK436.84
|
|
1-Bedroom apartment in downtown area |
$280.02
IQD365,347
|
$785.35
DKK5,616.53
|
|
1-Bedroom apartment outside city center |
$188.34
IQD245,731
|
$790.49
DKK5,653.28
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.51
IQD86,775
|
$94.06
DKK672.71
|
|
pay (unknown) more for childcare
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$139.67
IQD182,230
|
?? | |
Middle school for 1 child, two semesters |
$2,045.09
IQD2,668,306
|
?? |
pay 2.8 times more for entertainment and sports
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.57
IQD3,356
|
$8.62
DKK61.67
|
|
Cappuccino in mid-range area |
$2.36
IQD3,080
|
$6.11
DKK43.68
|
|
Pack of cigarettes
Marlboro or similar
|
$2.06
IQD2,683
|
$10.06
DKK71.95
|
|
Monthly membership at local gym |
$32.77
IQD42,760
|
$50.02
DKK357.70
|
|
Movie ticket to theater/cinema |
$8.37
IQD10,927
|
$15.09
DKK107.93
|
|
pay 4.1 times more for clothing
Iraq
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$23.65
IQD30,853
|
$141.28
DKK1,010.39
|
|
Regular dress
from H&M or similar store
|
$25.45
IQD33,212
|
$50.30
DKK359.75
|
|
Running shoes
Nike or Adidas
|
$48.29
IQD63,004
|
$146.12
DKK1,045.00
|
|
Men's business shoes (leather) |
$36.75
IQD47,946
|
$201.22
DKK1,439.02
|
|
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