Cost of Living in Faroe Islands vs Australia 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.

$2,961

Australia

Discover Australia, a captivating country with a population of 24,511,800. Experience a comfortable way of life, where the average cost of living stands at $2961, and the median after-tax salary amounts to $3775.82. Savor the culinary delights of Australia at various restaurants for an average of $102, explore bustling markets with essentials priced at around $98, and entrust your childcare needs to facilities costing approximately $12432annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $5695per month. Australia also boasts an appealing average salary of $3775.82. Immerse yourself in the beauty of Australia, where affordability and cultural richness converge.

restaurant
$ 153
Restaurants
restaurant
$ 102
Restaurants
store
$ 100
Markets
store
$ 98
Markets
child_friendly
$ 1,324
Childcare
child_friendly
$ 12,432
Childcare
checkroom
$ 394
Clothing
checkroom
$ 288
Clothing
night_shelter
$ 3,962
Rent Per Month
night_shelter
$ 5,695
Rent Per Month
account_balance_wallet
$ 2,115
Salaries
account_balance_wallet
$ 3,775
Salaries
Faroe Islands VS Australia
restaurant

Restaurants

Faroe Islands

Australia

Difference

Meal, Inexpensive Restaurant

19.63 $ 12.77 $ 53 %

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

102.74 $ 63.86 $ 60 %

McMeal at McDonalds (or Equivalent Combo Meal)

12.84 $ 8.3 $ 54 %

Domestic Beer (1 pint draught)

6.21 $ 5.11 $ 21 %

Imported Beer (12 oz small bottle)

4.0 $ 5.75 $ -30 %

Cappuccino (regular)

3.81 $ 3.03 $ 25 %

Coke/Pepsi (12 oz small bottle)

2.71 $ 2.26 $ 19 %

Water (12 oz small bottle)

1.9 $ 1.89 $ --
store

Markets

Faroe Islands

Australia

Difference

Milk (regular), (1 gallon)

1.58 $ 1.18 $ 33 %

Loaf of Fresh White Bread (1 lb)

3.6 $ 1.93 $ 86 %

Rice (white), (1 lb)

2.53 $ 1.78 $ 42 %

Eggs (regular) (12)

3.3 $ 3.26 $ 1 %

Local Cheese (1 lb)

12.84 $ 7.13 $ 80 %

Chicken Fillets (1 lb)

11.15 $ 7.27 $ 53 %

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

13.7 $ 12.61 $ 8 %

Apples (1 lb)

2.89 $ 2.83 $ 2 %

Banana (1 lb)

2.83 $ 2.32 $ 21 %

Oranges (1 lb)

2.89 $ 2.5 $ 15 %

Tomato (1 lb)

3.64 $ 4.38 $ -16 %

Potato (1 lb)

1.28 $ 2.1 $ -39 %

Onion (1 lb)

3.21 $ 1.75 $ 83 %

Lettuce (1 head)

2.78 $ 2.17 $ 28 %

Water (1.5 liter bottle)

2.31 $ 1.42 $ 62 %

Bottle of Wine (Mid-Range)

15.41 $ 10.86 $ 41 %

Domestic Beer (0.5 liter bottle)

3.79 $ 3.72 $ 1 %

Imported Beer (12 oz small bottle)

2.79 $ 3.99 $ -30 %

Cigarettes 20 Pack (Marlboro)

8.35 $ 25.54 $ -67 %
commute

Transportation

Faroe Islands

Australia

Difference

One-way Ticket (Local Transport)

3.21 $ 2.87 $ 11 %

Monthly Pass (Regular Price)

-- 97.12 $ -100 %

Taxi Start (Normal Tariff)

8.99 $ 2.68 $ 235 %

Taxi 1 mile (Normal Tariff)

-- 1.39 $ --

Taxi 1hour Waiting (Normal Tariff)

47.17 $ 31.93 $ 47 %

Gasoline (1 gallon)

1.24 $ 1.28 $ -3 %

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

35573.45 $ 19156.7 $ 85 %

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

39811.44 $ 17672.84 $ 125 %
mark_as_unread

Utilities (Monthly)

Faroe Islands

Australia

Difference

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

128.42 $ 132.47 $ -3 %

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

-- 0.25 $ --

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

51.37 $ 48.86 $ 5 %
kitesurfing

Sports And Leisure

Faroe Islands

Australia

Difference

Fitness Club, Monthly Fee for 1 Adult

47.2 $ 43.05 $ 9 %

Tennis Court Rent (1 Hour on Weekend)

12.84 $ 12.53 $ 2 %

Cinema, International Release, 1 Seat

12.84 $ 12.77 $ --
child_friendly

Childcare

Faroe Islands

Australia

Difference

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

369.78 $ 1281.83 $ -71 %

International Primary School, Yearly for 1 Child

955.07 $ 11150.74 $ -91 %
checkroom

Clothing And Shoes

Faroe Islands

Australia

Difference

1 Pair of Jeans (Levis 501 Or Similar)

89.9 $ 63.92 $ 40 %

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

38.53 $ 37.39 $ 3 %

1 Pair of Nike Running Shoes (Mid-Range)

112.37 $ 90.27 $ 24 %

1 Pair of Men Leather Business Shoes

154.11 $ 96.54 $ 59 %
night_shelter

Rent Per Month

Faroe Islands

Australia

Difference

Apartment (1 bedroom) in City Centre

698.68 $ 1199.65 $ -41 %

Apartment (1 bedroom) Outside of Centre

624.45 $ 945.93 $ -33 %

Apartment (3 bedrooms) in City Centre

1477.3 $ 2071.92 $ -28 %

Apartment (3 bedrooms) Outside of Centre

1161.64 $ 1478.39 $ -21 %
home

Buy Apartment Price

Faroe Islands

Australia

Difference

Price per Square Feet to Buy Apartment in City Centre

2825.33 $ 5217.36 $ -45 %

Price per Square Feet to Buy Apartment Outside of Centre

1258.78 $ 3593.23 $ -64 %
account_balance_wallet

Salaries And Financing

Faroe Islands

Australia

Difference

Average Monthly Net Salary (After Tax)

2115.27 $ 3775.82 $ -43 %

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

3.1 % 3.23 % -4 %