Cost of Living in Montenegro vs Faroe Islands comparison

$1,180

Montenegro

Explore Montenegro, a captivating country with a population of 622,359. Embrace a comfortable lifestyle with an average cost of living at $1180 and a median after-tax salary of $552.36. Enjoy dining at diverse restaurants for $47, shop for essentials at bustling markets with an average of $40, and entrust your childcare needs to facilities costing approximately $5948annually. Keep your wardrobe fresh with a clothing budget of $229and secure a lovely home for $1930per month. Montenegro also offers an attractive average salary of $552.36. Immerse yourself in the beauty of Montenegro, where rich culture meets affordability.

$2,321

Faroe Islands

Discover Faroe Islands, a captivating country with a population of 52,154. Experience a comfortable way of life, where the average cost of living stands at $2321, and the median after-tax salary amounts to $2115.27. Savor the culinary delights of Faroe Islands at various restaurants for an average of $153, explore bustling markets with essentials priced at around $100, and entrust your childcare needs to facilities costing approximately $1324annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $3962per month. Faroe Islands also boasts an appealing average salary of $2115.27. Immerse yourself in the beauty of Faroe Islands, where affordability and cultural richness converge.

restaurant
$ 47
Restaurants
restaurant
$ 153
Restaurants
store
$ 40
Markets
store
$ 100
Markets
child_friendly
$ 5,948
Childcare
child_friendly
$ 1,324
Childcare
checkroom
$ 229
Clothing
checkroom
$ 394
Clothing
night_shelter
$ 1,930
Rent Per Month
night_shelter
$ 3,962
Rent Per Month
account_balance_wallet
$ 552
Salaries
account_balance_wallet
$ 2,115
Salaries
Montenegro VS Faroe Islands
restaurant

Restaurants

Montenegro

Faroe Islands

Difference

Meal, Inexpensive Restaurant

5.73 $ 19.63 $ -70 %

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

28.65 $ 102.74 $ -72 %

McMeal at McDonalds (or Equivalent Combo Meal)

4.3 $ 12.84 $ -66 %

Domestic Beer (1 pint draught)

1.91 $ 6.21 $ -69 %

Imported Beer (12 oz small bottle)

2.39 $ 4.0 $ -40 %

Cappuccino (regular)

1.45 $ 3.81 $ -61 %

Coke/Pepsi (12 oz small bottle)

1.75 $ 2.71 $ -35 %

Water (12 oz small bottle)

1.15 $ 1.9 $ -39 %
store

Markets

Montenegro

Faroe Islands

Difference

Milk (regular), (1 gallon)

0.91 $ 1.58 $ -42 %

Loaf of Fresh White Bread (1 lb)

0.63 $ 3.6 $ -82 %

Rice (white), (1 lb)

1.41 $ 2.53 $ -44 %

Eggs (regular) (12)

1.99 $ 3.3 $ -39 %

Local Cheese (1 lb)

5.69 $ 12.84 $ -55 %

Chicken Fillets (1 lb)

4.97 $ 11.15 $ -55 %

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

6.93 $ 13.7 $ -49 %

Apples (1 lb)

0.95 $ 2.89 $ -67 %

Banana (1 lb)

1.17 $ 2.83 $ -58 %

Oranges (1 lb)

1.08 $ 2.89 $ -62 %

Tomato (1 lb)

1.51 $ 3.64 $ -58 %

Potato (1 lb)

0.63 $ 1.28 $ -50 %

Onion (1 lb)

0.83 $ 3.21 $ -74 %

Lettuce (1 head)

0.74 $ 2.78 $ -73 %

Water (1.5 liter bottle)

0.61 $ 2.31 $ -73 %

Bottle of Wine (Mid-Range)

4.78 $ 15.41 $ -68 %

Domestic Beer (0.5 liter bottle)

0.83 $ 3.79 $ -78 %

Imported Beer (12 oz small bottle)

1.16 $ 2.79 $ -58 %

Cigarettes 20 Pack (Marlboro)

3.34 $ 8.35 $ -60 %
commute

Transportation

Montenegro

Faroe Islands

Difference

One-way Ticket (Local Transport)

0.96 $ 3.21 $ -70 %

Monthly Pass (Regular Price)

28.65 $ -- --

Taxi Start (Normal Tariff)

0.96 $ 8.99 $ -89 %

Taxi 1 mile (Normal Tariff)

0.76 $ -- --

Taxi 1hour Waiting (Normal Tariff)

6.21 $ 47.17 $ -86 %

Gasoline (1 gallon)

1.37 $ 1.24 $ 10 %

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

19101.49 $ 35573.45 $ -46 %

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

19339.46 $ 39811.44 $ -51 %
mark_as_unread

Utilities (Monthly)

Montenegro

Faroe Islands

Difference

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

97.24 $ 128.42 $ -24 %

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

0.13 $ -- --

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

23.28 $ 51.37 $ -54 %
kitesurfing

Sports And Leisure

Montenegro

Faroe Islands

Difference

Fitness Club, Monthly Fee for 1 Adult

30.56 $ 47.2 $ -35 %

Tennis Court Rent (1 Hour on Weekend)

9.33 $ 12.84 $ -27 %

Cinema, International Release, 1 Seat

4.78 $ 12.84 $ -62 %
child_friendly

Childcare

Montenegro

Faroe Islands

Difference

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

174.3 $ 369.78 $ -52 %

International Primary School, Yearly for 1 Child

5773.86 $ 955.07 $ 504 %
checkroom

Clothing And Shoes

Montenegro

Faroe Islands

Difference

1 Pair of Jeans (Levis 501 Or Similar)

47.75 $ 89.9 $ -46 %

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

28.42 $ 38.53 $ -26 %

1 Pair of Nike Running Shoes (Mid-Range)

67.41 $ 112.37 $ -40 %

1 Pair of Men Leather Business Shoes

85.92 $ 154.11 $ -44 %
night_shelter

Rent Per Month

Montenegro

Faroe Islands

Difference

Apartment (1 bedroom) in City Centre

363.37 $ 698.68 $ -47 %

Apartment (1 bedroom) Outside of Centre

266.69 $ 624.45 $ -57 %

Apartment (3 bedrooms) in City Centre

766.79 $ 1477.3 $ -48 %

Apartment (3 bedrooms) Outside of Centre

533.16 $ 1161.64 $ -54 %
home

Buy Apartment Price

Montenegro

Faroe Islands

Difference

Price per Square Feet to Buy Apartment in City Centre

1644.09 $ 2825.33 $ -41 %

Price per Square Feet to Buy Apartment Outside of Centre

1209.12 $ 1258.78 $ -3 %
account_balance_wallet

Salaries And Financing

Montenegro

Faroe Islands

Difference

Average Monthly Net Salary (After Tax)

552.36 $ 2115.27 $ -73 %

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

4.94 % 3.1 % 59 %