Cost of Living in Faroe Islands vs Colombia comparison

$2,321

Faroe Islands

Explore Faroe Islands, a captivating country with a population of 52,154. Embrace a comfortable lifestyle with an average cost of living at $2321 and a median after-tax salary of $2115.27. Enjoy dining at diverse restaurants for $153, shop for essentials at bustling markets with an average of $100, and entrust your childcare needs to facilities costing approximately $1324annually. Keep your wardrobe fresh with a clothing budget of $394and secure a lovely home for $3962per month. Faroe Islands also offers an attractive average salary of $2115.27. Immerse yourself in the beauty of Faroe Islands, where rich culture meets affordability.

$904

Colombia

Discover Colombia, a captivating country with a population of 49,065,615. Experience a comfortable way of life, where the average cost of living stands at $904, and the median after-tax salary amounts to $291.61. Savor the culinary delights of Colombia at various restaurants for an average of $30, explore bustling markets with essentials priced at around $32, and entrust your childcare needs to facilities costing approximately $3884annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1284per month. Colombia also boasts an appealing average salary of $291.61. Immerse yourself in the beauty of Colombia, where affordability and cultural richness converge.

restaurant
$ 153
Restaurants
restaurant
$ 30
Restaurants
store
$ 100
Markets
store
$ 32
Markets
child_friendly
$ 1,324
Childcare
child_friendly
$ 3,884
Childcare
checkroom
$ 394
Clothing
checkroom
$ 170
Clothing
night_shelter
$ 3,962
Rent Per Month
night_shelter
$ 1,284
Rent Per Month
account_balance_wallet
$ 2,115
Salaries
account_balance_wallet
$ 291
Salaries
Faroe Islands VS Colombia
restaurant

Restaurants

Faroe Islands

Colombia

Difference

Meal, Inexpensive Restaurant

19.63 $ 3.15 $ 523 %

Meal for 2 People, Mid-range Restaurant, Three-course

102.74 $ 17.48 $ 487 %

McMeal at McDonalds (or Equivalent Combo Meal)

12.84 $ 4.81 $ 166 %

Domestic Beer (1 pint draught)

6.21 $ 1.09 $ 469 %

Imported Beer (12 oz small bottle)

4.0 $ 1.97 $ 103 %

Cappuccino (regular)

3.81 $ 1.11 $ 243 %

Coke/Pepsi (12 oz small bottle)

2.71 $ 0.61 $ 344 %

Water (12 oz small bottle)

1.9 $ 0.48 $ 295 %
store

Markets

Faroe Islands

Colombia

Difference

Milk (regular), (1 gallon)

1.58 $ 0.78 $ 102 %

Loaf of Fresh White Bread (1 lb)

3.6 $ 0.85 $ 323 %

Rice (white), (1 lb)

2.53 $ 0.78 $ 224 %

Eggs (regular) (12)

3.3 $ 1.5 $ 120 %

Local Cheese (1 lb)

12.84 $ 3.23 $ 297 %

Chicken Fillets (1 lb)

11.15 $ 3.35 $ 232 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

13.7 $ 4.9 $ 179 %

Apples (1 lb)

2.89 $ 1.86 $ 55 %

Banana (1 lb)

2.83 $ 0.68 $ 316 %

Oranges (1 lb)

2.89 $ 0.91 $ 217 %

Tomato (1 lb)

3.64 $ 0.89 $ 308 %

Potato (1 lb)

1.28 $ 0.73 $ 75 %

Onion (1 lb)

3.21 $ 0.74 $ 333 %

Lettuce (1 head)

2.78 $ 0.56 $ 396 %

Water (1.5 liter bottle)

2.31 $ 0.57 $ 305 %

Bottle of Wine (Mid-Range)

15.41 $ 6.55 $ 135 %

Domestic Beer (0.5 liter bottle)

3.79 $ 0.75 $ 405 %

Imported Beer (12 oz small bottle)

2.79 $ 1.23 $ 126 %

Cigarettes 20 Pack (Marlboro)

8.35 $ 1.75 $ 377 %
commute

Transportation

Faroe Islands

Colombia

Difference

One-way Ticket (Local Transport)

3.21 $ 0.55 $ 483 %

Monthly Pass (Regular Price)

-- 26.21 $ -100 %

Taxi Start (Normal Tariff)

8.99 $ 1.09 $ 724 %

Taxi 1 mile (Normal Tariff)

-- 1.31 $ --

Taxi 1hour Waiting (Normal Tariff)

47.17 $ 5.02 $ 839 %

Gasoline (1 gallon)

1.24 $ 0.53 $ 133 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

35573.45 $ 15290.9 $ 132 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

39811.44 $ 17299.71 $ 130 %
mark_as_unread

Utilities (Monthly)

Faroe Islands

Colombia

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

128.42 $ 63.2 $ 103 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

-- 0.04 $ --

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

51.37 $ 21.86 $ 134 %
kitesurfing

Sports And Leisure

Faroe Islands

Colombia

Difference

Fitness Club, Monthly Fee for 1 Adult

47.2 $ 17.03 $ 177 %

Tennis Court Rent (1 Hour on Weekend)

12.84 $ 8.62 $ 48 %

Cinema, International Release, 1 Seat

12.84 $ 3.28 $ 291 %
child_friendly

Childcare

Faroe Islands

Colombia

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

369.78 $ 136.14 $ 171 %

International Primary School, Yearly for 1 Child

955.07 $ 3748.22 $ -74 %
checkroom

Clothing And Shoes

Faroe Islands

Colombia

Difference

1 Pair of Jeans (Levis 501 Or Similar)

89.9 $ 39.12 $ 129 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

38.53 $ 26.22 $ 46 %

1 Pair of Nike Running Shoes (Mid-Range)

112.37 $ 57.38 $ 95 %

1 Pair of Men Leather Business Shoes

154.11 $ 47.44 $ 224 %
night_shelter

Rent Per Month

Faroe Islands

Colombia

Difference

Apartment (1 bedroom) in City Centre

698.68 $ 242.23 $ 188 %

Apartment (1 bedroom) Outside of Centre

624.45 $ 221.63 $ 181 %

Apartment (3 bedrooms) in City Centre

1477.3 $ 442.14 $ 234 %

Apartment (3 bedrooms) Outside of Centre

1161.64 $ 378.81 $ 206 %
home

Buy Apartment Price

Faroe Islands

Colombia

Difference

Price per Square Feet to Buy Apartment in City Centre

2825.33 $ 1091.42 $ 158 %

Price per Square Feet to Buy Apartment Outside of Centre

1258.78 $ 936.23 $ 34 %
account_balance_wallet

Salaries And Financing

Faroe Islands

Colombia

Difference

Average Monthly Net Salary (After Tax)

2115.27 $ 291.61 $ 625 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

3.1 % 11.17 % -72 %