Cost of living comparison

 Libya
compared to
 Faroe Islands
Faroe Islands vs. Libya Cost of Living Summary

Faroe Islands is 15.0 times more expensive than Libya overall.

Restaurants
pay 8.6 times more in Faroe Islands
Groceries
pay 4.9 times more in Faroe Islands
Transportation
pay 62.5 times more in Faroe Islands
Housing
pay 4.7 times more in Faroe Islands
Entertainment and Sports
pay 6.4 times more in Faroe Islands
Clothing
pay 3.0 times more in Faroe Islands

The cost of transportation, restaurants, entertainment and sports, groceries, housing, and clothing in Faroe Islands are more expensive than in Libya. Notably, transportation, restaurants, and entertainment and sports are significantly more expensive in Faroe Islands.

Faroe Islands vs. Libya Cost Breakdown

If you lived in Faroe Islands instead of Libya, you would:

pay 8.6 times more for restaurants

 
Libya
Faroe Islands
Basic meal with drink at inexpensive restaurant $4.61
LYD22.280
$22.84
DKK157.22
Fast food combo meal
McDonalds, or similar
$4.10
LYD19.800
$19.35
DKK133.23
Bottle of Coca-Cola (11 fl. oz) $0.48
LYD2.300
$3.01
DKK20.75

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pay 4.9 times more for groceries

 
Libya
Faroe Islands
Bread
1 loaf
$0.29
LYD1.420
$7.20
DKK49.59
Local cheese (8 oz) $2.75
LYD13.310
$5.63
DKK38.73
Milk (1 gallon) $3.55
LYD17.150
$8.02
DKK55.20

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pay 62.5 times more for transportation

 
Libya
Faroe Islands
Gasoline (1 gallon) $0.12
LYD0.560
$7.27
DKK50.06
Monthly public transit pass $23.74
LYD114.720
??
New Volkswagen Golf 1.4 (standard edition) $16,046.81
LYD77,550.070
??

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pay 4.7 times more for housing

 
Libya
Faroe Islands
Internet connection
50 mbps or faster, cable/dsl
$29.85
LYD144.280
$61.08
DKK420.52
1-Bedroom apartment in downtown area $191.92
LYD927.510
$785.35
DKK5,406.69
1-Bedroom apartment outside city center $108.81
LYD525.840
$790.49
DKK5,442.06

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pay (unknown) more for childcare

 
Libya
Faroe Islands
Private preschool for 1 child, monthly $58.75
LYD283.940
??
Middle school for 1 child, two semesters $1,219.10
LYD5,891.600
??

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pay 6.4 times more for entertainment and sports

 
Libya
Faroe Islands
Domestic/local beer (1 pint) $0.68
LYD3.300
$8.62
DKK59.37
Cappuccino in mid-range area $0.63
LYD3.030
$6.11
DKK42.05
Pack of cigarettes
Marlboro or similar
$2.33
LYD11.260
$10.06
DKK69.26

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pay 3.0 times more for clothing

 
Libya
Faroe Islands
Regular jeans
Levi's brand
$32.50
LYD157.040
$141.28
DKK972.64
Regular dress
from H&M or similar store
$32.80
LYD158.510
$50.30
DKK346.31
Running shoes
Nike or Adidas
$45.23
LYD218.600
$146.12
DKK1,005.96

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2025
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