Cost of Living in Venezuela vs Faroe Islands comparison

$1,159

Venezuela

Explore Venezuela, a captivating country with a population of 28,515,829. Embrace a comfortable lifestyle with an average cost of living at $1159 and a median after-tax salary of $192.19. Enjoy dining at diverse restaurants for $75, shop for essentials at bustling markets with an average of $49, and entrust your childcare needs to facilities costing approximately $11098annually. Keep your wardrobe fresh with a clothing budget of $212and secure a lovely home for $1261per month. Venezuela also offers an attractive average salary of $192.19. Immerse yourself in the beauty of Venezuela, 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
$ 75
Restaurants
restaurant
$ 153
Restaurants
store
$ 49
Markets
store
$ 100
Markets
child_friendly
$ 11,098
Childcare
child_friendly
$ 1,324
Childcare
checkroom
$ 212
Clothing
checkroom
$ 394
Clothing
night_shelter
$ 1,261
Rent Per Month
night_shelter
$ 3,962
Rent Per Month
account_balance_wallet
$ 192
Salaries
account_balance_wallet
$ 2,115
Salaries
Venezuela VS Faroe Islands
restaurant

Restaurants

Venezuela

Faroe Islands

Difference

Meal, Inexpensive Restaurant

10.0 $ 19.63 $ -49 %

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

50.0 $ 102.74 $ -51 %

McMeal at McDonalds (or Equivalent Combo Meal)

9.0 $ 12.84 $ -29 %

Domestic Beer (1 pint draught)

1.25 $ 6.21 $ -79 %

Imported Beer (12 oz small bottle)

2.0 $ 4.0 $ -50 %

Cappuccino (regular)

1.63 $ 3.81 $ -57 %

Coke/Pepsi (12 oz small bottle)

1.09 $ 2.71 $ -59 %

Water (12 oz small bottle)

0.82 $ 1.9 $ -56 %
store

Markets

Venezuela

Faroe Islands

Difference

Milk (regular), (1 gallon)

1.71 $ 1.58 $ 8 %

Loaf of Fresh White Bread (1 lb)

2.13 $ 3.6 $ -40 %

Rice (white), (1 lb)

1.09 $ 2.53 $ -56 %

Eggs (regular) (12)

2.05 $ 3.3 $ -37 %

Local Cheese (1 lb)

4.42 $ 12.84 $ -65 %

Chicken Fillets (1 lb)

5.11 $ 11.15 $ -54 %

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

5.63 $ 13.7 $ -58 %

Apples (1 lb)

4.27 $ 2.89 $ 47 %

Banana (1 lb)

0.95 $ 2.83 $ -66 %

Oranges (1 lb)

1.26 $ 2.89 $ -56 %

Tomato (1 lb)

1.34 $ 3.64 $ -63 %

Potato (1 lb)

1.34 $ 1.28 $ 4 %

Onion (1 lb)

1.62 $ 3.21 $ -49 %

Lettuce (1 head)

0.99 $ 2.78 $ -64 %

Water (1.5 liter bottle)

1.22 $ 2.31 $ -47 %

Bottle of Wine (Mid-Range)

8.0 $ 15.41 $ -48 %

Domestic Beer (0.5 liter bottle)

1.22 $ 3.79 $ -67 %

Imported Beer (12 oz small bottle)

2.12 $ 2.79 $ -24 %

Cigarettes 20 Pack (Marlboro)

3.0 $ 8.35 $ -64 %
commute

Transportation

Venezuela

Faroe Islands

Difference

One-way Ticket (Local Transport)

0.5 $ 3.21 $ -84 %

Monthly Pass (Regular Price)

30.0 $ -- --

Taxi Start (Normal Tariff)

4.0 $ 8.99 $ -55 %

Taxi 1 mile (Normal Tariff)

2.0 $ -- --

Taxi 1hour Waiting (Normal Tariff)

10.0 $ 47.17 $ -78 %

Gasoline (1 gallon)

0.5 $ 1.24 $ -59 %

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

32500.0 $ 35573.45 $ -8 %

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

30400.0 $ 39811.44 $ -23 %
mark_as_unread

Utilities (Monthly)

Venezuela

Faroe Islands

Difference

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

18.17 $ 128.42 $ -85 %

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

0.07 $ -- --

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

43.16 $ 51.37 $ -15 %
kitesurfing

Sports And Leisure

Venezuela

Faroe Islands

Difference

Fitness Club, Monthly Fee for 1 Adult

38.42 $ 47.2 $ -18 %

Tennis Court Rent (1 Hour on Weekend)

11.75 $ 12.84 $ -8 %

Cinema, International Release, 1 Seat

6.0 $ 12.84 $ -53 %
child_friendly

Childcare

Venezuela

Faroe Islands

Difference

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

65.28 $ 369.78 $ -82 %

International Primary School, Yearly for 1 Child

11033.33 $ 955.07 $ 1055 %
checkroom

Clothing And Shoes

Venezuela

Faroe Islands

Difference

1 Pair of Jeans (Levis 501 Or Similar)

43.59 $ 89.9 $ -51 %

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

34.38 $ 38.53 $ -10 %

1 Pair of Nike Running Shoes (Mid-Range)

67.05 $ 112.37 $ -40 %

1 Pair of Men Leather Business Shoes

67.76 $ 154.11 $ -56 %
night_shelter

Rent Per Month

Venezuela

Faroe Islands

Difference

Apartment (1 bedroom) in City Centre

227.5 $ 698.68 $ -67 %

Apartment (1 bedroom) Outside of Centre

217.61 $ 624.45 $ -65 %

Apartment (3 bedrooms) in City Centre

463.35 $ 1477.3 $ -68 %

Apartment (3 bedrooms) Outside of Centre

352.6 $ 1161.64 $ -69 %
home

Buy Apartment Price

Venezuela

Faroe Islands

Difference

Price per Square Feet to Buy Apartment in City Centre

653.27 $ 2825.33 $ -76 %

Price per Square Feet to Buy Apartment Outside of Centre

666.41 $ 1258.78 $ -47 %
account_balance_wallet

Salaries And Financing

Venezuela

Faroe Islands

Difference

Average Monthly Net Salary (After Tax)

192.19 $ 2115.27 $ -90 %

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

25.87 % 3.1 % 734 %