Cost of Living Comparison Between Italy and Faroe Islands 
| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Consumer Prices | |
| Not enough data to calculate difference in Consumer Prices Including Rent | |
| Rent Prices in Faroe Islands are 17.3% higher than in Italy | |
| Restaurant Prices in Faroe Islands are 75.4% higher than in Italy | |
| Groceries Prices in Faroe Islands are 34.2% higher than in Italy | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Italy Edit |
Faroe Islands Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (111.87 kr) |
20.11 € (150.00 kr) |
+34.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (447.48 kr) |
134.08 € (1,000.00 kr) |
+123.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (74.58 kr) |
15.42 € (115.00 kr) |
+54.2 % |
| Domestic Beer (1 pint draught) |
5.00 € (37.29 kr) |
8.05 € (60.00 kr) |
+60.9 % |
| Imported Beer (12 oz small bottle) |
5.00 € (37.29 kr) |
6.70 € (50.00 kr) |
+34.1 % |
| Cappuccino (regular) |
1.59 € (11.87 kr) |
4.97 € (37.06 kr) |
+212.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.43 € (18.14 kr) |
2.71 € (20.18 kr) |
+11.2 % |
| Water (12 oz small bottle) |
1.13 € (8.41 kr) |
2.22 € (16.57 kr) |
+97.1 % |
Markets | Italy Edit |
Faroe Islands Edit | |
| Milk (regular), (1 gallon) |
5.52 € (41.16 kr) |
7.00 € (52.20 kr) |
+26.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.81 € (13.53 kr) |
3.35 € (24.95 kr) |
+84.4 % |
| Rice (white), (1 lb) |
1.17 € (8.74 kr) |
1.50 € (11.18 kr) |
+28.0 % |
| Eggs (regular) (12) |
3.39 € (25.29 kr) |
3.92 € (29.27 kr) |
+15.7 % |
| Local Cheese (1 lb) |
6.00 € (44.72 kr) |
5.76 € (42.94 kr) |
-4.0 % |
| Chicken Fillets (1 lb) |
4.87 € (36.29 kr) |
5.69 € (42.45 kr) |
+17.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.79 € (58.11 kr) |
10.95 € (81.65 kr) |
+40.5 % |
| Apples (1 lb) |
0.92 € (6.88 kr) |
1.06 € (7.94 kr) |
+15.3 % |
| Banana (1 lb) |
0.84 € (6.30 kr) |
1.00 € (7.48 kr) |
+18.8 % |
| Oranges (1 lb) |
1.02 € (7.58 kr) |
1.22 € (9.07 kr) |
+19.7 % |
| Tomato (1 lb) |
1.26 € (9.41 kr) |
0.97 € (7.26 kr) |
-22.9 % |
| Potato (1 lb) |
0.72 € (5.34 kr) |
1.00 € (7.48 kr) |
+40.1 % |
| Onion (1 lb) |
0.67 € (5.02 kr) |
1.28 € (9.53 kr) |
+89.6 % |
| Lettuce (1 head) |
1.30 € (9.67 kr) |
2.15 € (16.00 kr) |
+65.5 % |
| Water (1.5 liter bottle) |
0.44 € (3.25 kr) |
2.91 € (21.67 kr) |
+566.5 % |
| Bottle of Wine (Mid-Range) |
6.00 € (44.75 kr) |
10.73 € (80.00 kr) |
+78.8 % |
| Domestic Beer (0.5 liter bottle) |
1.50 € (11.18 kr) |
3.72 € (27.72 kr) |
+148.0 % |
| Imported Beer (12 oz small bottle) |
2.04 € (15.25 kr) |
2.55 € (19.00 kr) |
+24.6 % |
| Cigarettes 20 Pack (Marlboro) |
6.00 € (44.75 kr) |
9.05 € (67.50 kr) |
+50.8 % |
Transportation | Italy Edit |
Faroe Islands Edit | |
| One-way Ticket (Local Transport) |
1.70 € (12.68 kr) |
0.00 € (0.00 kr) |
-100.0 % |
| Monthly Pass (Regular Price) |
35.00 € (261.03 kr) |
0.00 € (0.00 kr) |
-100.0 % |
| Taxi Start (Normal Tariff) |
5.00 € (37.29 kr) |
10.06 € (75.00 kr) |
+101.1 % |
| Taxi 1 mile (Normal Tariff) |
2.41 € (18.00 kr) |
? (? kr) |
|
| Taxi 1hour Waiting (Normal Tariff) |
29.91 € (223.07 kr) |
45.00 € (335.61 kr) |
+50.5 % |
| Gasoline (1 gallon) |
6.82 € (50.88 kr) |
6.72 € (50.13 kr) |
-1.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
25,000.00 € (186,449.81 kr) |
37,141.36 € (277,000.00 kr) |
+48.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,019.14 € (201,508.57 kr) |
43,800.88 € (326,666.67 kr) |
+62.1 % |
Utilities (Monthly) | Italy Edit |
Faroe Islands Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
200.27 € (1,493.60 kr) |
121.20 € (903.90 kr) |
-39.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
12.67 € (94.50 kr) |
37.54 € (280.00 kr) |
+196.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
27.57 € (205.60 kr) |
55.87 € (416.67 kr) |
+102.7 % |
Sports And Leisure | Italy Edit |
Faroe Islands Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
48.25 € (359.82 kr) |
52.52 € (391.67 kr) |
+8.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
20.08 € (149.75 kr) |
13.41 € (100.00 kr) |
-33.2 % |
| Cinema, International Release, 1 Seat |
9.00 € (67.12 kr) |
14.75 € (110.00 kr) |
+63.9 % |
Childcare | Italy Edit |
Faroe Islands Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
521.54 € (3,889.67 kr) |
412.34 € (3,075.25 kr) |
-20.9 % |
| International Primary School, Yearly for 1 Child |
9,258.01 € (69,046.15 kr) |
1,000.00 € (7,457.99 kr) |
-89.2 % |
Clothing And Shoes | Italy Edit |
Faroe Islands Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77.85 € (580.59 kr) |
122.35 € (912.50 kr) |
+57.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.07 € (246.65 kr) |
46.93 € (350.00 kr) |
+41.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
84.16 € (627.70 kr) |
127.38 € (950.00 kr) |
+51.3 % |
| 1 Pair of Men Leather Business Shoes |
111.60 € (832.32 kr) |
160.90 € (1,200.00 kr) |
+44.2 % |
Rent Per Month | Italy Edit |
Faroe Islands Edit | |
| Apartment (1 bedroom) in City Centre |
759.71 € (5,665.91 kr) |
774.98 € (5,779.76 kr) |
+2.0 % |
| Apartment (1 bedroom) Outside of Centre |
568.77 € (4,241.89 kr) |
686.06 € (5,116.60 kr) |
+20.6 % |
| Apartment (3 bedrooms) in City Centre |
1,360.64 € (10,147.65 kr) |
1,564.72 € (11,669.65 kr) |
+15.0 % |
| Apartment (3 bedrooms) Outside of Centre |
955.48 € (7,125.95 kr) |
1,250.87 € (9,329.00 kr) |
+30.9 % |
Buy Apartment Price | Italy Edit |
Faroe Islands Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
372.26 € (2,776.29 kr) |
288.11 € (2,148.72 kr) |
-22.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
229.01 € (1,707.93 kr) |
143.75 € (1,072.07 kr) |
-37.2 % |
Salaries And Financing | Italy Edit |
Faroe Islands Edit | |
| Average Monthly Net Salary (After Tax) |
1,581.68 € (11,796.17 kr) |
1,933.45 € (14,419.65 kr) |
+22.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.80 | 3.10 | -35.5 % |
| Last update: | May 2024 | January 2024 | |
| Contributors in the past 12 months: | 2331 | 12 |
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