Cost of living comparison
Faroe Islands is 2.2 times more expensive than Serbia.
If you lived in Faroe Islands instead of Serbia, you would:
pay 2.4 times more for restaurants
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.13
RSD791
|
$22.84
DKK161.64
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.64
RSD848
|
$19.35
DKK136.97
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.60
RSD178
|
$3.01
DKK21.34
|
|
| Bottle of water (11 fl. oz) |
$1.16
RSD128
|
$2.44
DKK17.29
|
|
pay 2.7 times more for groceries
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.70
RSD78
|
$7.20
DKK50.98
|
|
| Local cheese (8 oz) |
$3.97
RSD441
|
$5.63
DKK39.82
|
|
| Milk (1 gallon) |
$4.84
RSD537
|
$8.02
DKK56.75
|
|
|
Eggs
1 dozen
|
$2.39
RSD265
|
$4.78
DKK33.84
|
|
| Boneless chicken breast (1 lb) |
$2.93
RSD325
|
$5.87
DKK41.53
|
|
| Apples (1 lb) |
$0.48
RSD53
|
$0.98
DKK6.92
|
|
| Bananas (1 lb) |
$0.75
RSD84
|
$1.17
DKK8.31
|
|
| Oranges (1 lb) |
$0.64
RSD71
|
$1.30
DKK9.23
|
|
| Tomatoes (1 lb) |
$0.81
RSD90
|
$0.78
DKK5.54
|
|
| Potatoes (1 lb) |
$0.46
RSD51
|
$1.17
DKK8.31
|
|
| Onions (1 lb) |
$0.43
RSD48
|
$1.43
DKK10.15
|
|
pay 16.8% more for transportation
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.22
RSD691
|
$7.27
DKK51.47
|
|
| Monthly public transit pass |
$23.52
RSD2,610
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$28,112.26
RSD3,119,711
|
?? | |
| Taxi trip in downtown area (5 miles) |
$7.11
RSD789
|
?? | |
pay 2.2 times more for housing
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.16
RSD2,571
|
$61.08
DKK432.35
|
|
| 1-Bedroom apartment in downtown area |
$353.21
RSD39,197
|
$785.35
DKK5,558.73
|
|
| 1-Bedroom apartment outside city center |
$242.83
RSD26,948
|
$790.49
DKK5,595.10
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.86
RSD12,636
|
$94.06
DKK665.79
|
|
pay (unknown) more for childcare
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$238.41
RSD26,457
|
?? | |
| Middle school for 1 child, two semesters |
$5,379.39
RSD596,969
|
?? |
pay 3.2 times more for entertainment and sports
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.03
RSD225
|
$8.62
DKK61.04
|
|
| Cappuccino in mid-range area |
$1.68
RSD186
|
$6.11
DKK43.23
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.80
RSD422
|
$10.06
DKK71.21
|
|
| Monthly membership at local gym |
$25.78
RSD2,861
|
$50.02
DKK354.02
|
|
| Movie ticket to theater/cinema |
$4.53
RSD502
|
$15.09
DKK106.82
|
|
pay 73.8% more for clothing
|
Serbia
|
Faroe Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$73.17
RSD8,119
|
$141.28
DKK1,000.00
|
|
|
Regular dress
from H&M or similar store
|
$35.45
RSD3,934
|
$50.30
DKK356.05
|
|
|
Running shoes
Nike or Adidas
|
$92.31
RSD10,244
|
$146.12
DKK1,034.25
|
|
| Men's business shoes (leather) |
$99.77
RSD11,072
|
$201.22
DKK1,424.21
|
|
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