Cost of living comparison
Faroe Islands is 2.7 times more expensive than Macedonia.
If you lived in Faroe Islands instead of Macedonia, you would:
pay 3.3 times more for restaurants
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.21
MKD307.93
|
$22.84
DKK163.47
|
|
Fast food combo meal
McDonalds, or similar
|
$4.44
MKD261.97
|
$19.35
DKK138.53
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.47
MKD87.09
|
$3.01
DKK21.58
|
|
Bottle of water (11 fl. oz) |
$1.04
MKD61.63
|
$2.44
DKK17.49
|
|
pay 3.0 times more for groceries
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$0.67
MKD39.63
|
$7.20
DKK51.56
|
|
Local cheese (8 oz) |
$3.49
MKD206.00
|
$5.63
DKK40.27
|
|
Milk (1 gallon) |
$4.51
MKD266.06
|
$8.02
DKK57.40
|
|
Eggs
1 dozen
|
$2.07
MKD121.94
|
$4.78
DKK34.23
|
|
Boneless chicken breast (1 lb) |
$2.81
MKD165.82
|
$5.87
DKK42.00
|
|
Apples (1 lb) |
$0.40
MKD23.44
|
$0.98
DKK7.00
|
|
Bananas (1 lb) |
$0.58
MKD34.52
|
$1.17
DKK8.40
|
|
Oranges (1 lb) |
$0.50
MKD29.61
|
$1.30
DKK9.33
|
|
Tomatoes (1 lb) |
$0.67
MKD39.40
|
$0.78
DKK5.60
|
|
Potatoes (1 lb) |
$0.39
MKD22.81
|
$1.17
DKK8.40
|
|
Onions (1 lb) |
$0.43
MKD25.60
|
$1.43
DKK10.27
|
|
pay 37.0% more for transportation
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.31
MKD313.35
|
$7.27
DKK52.05
|
|
Monthly public transit pass |
$24.47
MKD1,445.03
|
?? | |
New Volkswagen Golf 1.4 (standard edition) |
$30,527.06
MKD1,802,560.04
|
?? | |
Taxi trip in downtown area (5 miles) |
$5.46
MKD322.59
|
?? | |
pay 3.1 times more for housing
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$16.42
MKD969.76
|
$61.08
DKK437.25
|
|
1-Bedroom apartment in downtown area |
$243.32
MKD14,367.79
|
$785.35
DKK5,621.79
|
|
1-Bedroom apartment outside city center |
$180.36
MKD10,649.91
|
$790.49
DKK5,658.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$101.51
MKD5,993.67
|
$94.06
DKK673.34
|
|
pay (unknown) more for childcare
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$225.27
MKD13,301.69
|
?? | |
Middle school for 1 child, two semesters |
$1,883.00
MKD111,187.28
|
?? |
pay 3.5 times more for entertainment and sports
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.78
MKD105.28
|
$8.62
DKK61.73
|
|
Cappuccino in mid-range area |
$1.56
MKD92.20
|
$6.11
DKK43.73
|
|
Pack of cigarettes
Marlboro or similar
|
$2.74
MKD161.81
|
$10.06
DKK72.02
|
|
Monthly membership at local gym |
$25.10
MKD1,481.86
|
$50.02
DKK358.03
|
|
Movie ticket to theater/cinema |
$4.74
MKD280.03
|
$15.09
DKK108.03
|
|
pay 2.2 times more for clothing
Macedonia
|
Faroe Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$50.12
MKD2,959.72
|
$141.28
DKK1,011.34
|
|
Regular dress
from H&M or similar store
|
$33.45
MKD1,975.02
|
$50.30
DKK360.09
|
|
Running shoes
Nike or Adidas
|
$72.27
MKD4,267.67
|
$146.12
DKK1,045.98
|
|
Men's business shoes (leather) |
$82.74
MKD4,885.44
|
$201.22
DKK1,440.36
|
|
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