Cost of Living in Faroe Islands vs Cayman Islands 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.

$4,876

Cayman Islands

Discover Cayman Islands, a captivating country with a population of 58,435. Experience a comfortable way of life, where the average cost of living stands at $4876, and the median after-tax salary amounts to $4444.6. Savor the culinary delights of Cayman Islands at various restaurants for an average of $166, explore bustling markets with essentials priced at around $128, and entrust your childcare needs to facilities costing approximately $21115annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $12425per month. Cayman Islands also boasts an appealing average salary of $4444.6. Immerse yourself in the beauty of Cayman Islands, where affordability and cultural richness converge.

restaurant
$ 153
Restaurants
restaurant
$ 166
Restaurants
store
$ 100
Markets
store
$ 128
Markets
child_friendly
$ 1,324
Childcare
child_friendly
$ 21,115
Childcare
checkroom
$ 394
Clothing
checkroom
$ 440
Clothing
night_shelter
$ 3,962
Rent Per Month
night_shelter
$ 12,425
Rent Per Month
account_balance_wallet
$ 2,115
Salaries
account_balance_wallet
$ 4,444
Salaries
Faroe Islands VS Cayman Islands
restaurant

Restaurants

Faroe Islands

Cayman Islands

Difference

Meal, Inexpensive Restaurant

19.63 $ 17.9 $ 9 %

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

102.74 $ 114.53 $ -10 %

McMeal at McDonalds (or Equivalent Combo Meal)

12.84 $ 11.5 $ 11 %

Domestic Beer (1 pint draught)

6.21 $ 5.37 $ 15 %

Imported Beer (12 oz small bottle)

4.0 $ 7.16 $ -44 %

Cappuccino (regular)

3.81 $ 5.59 $ -31 %

Coke/Pepsi (12 oz small bottle)

2.71 $ 2.22 $ 22 %

Water (12 oz small bottle)

1.9 $ 1.79 $ 6 %
store

Markets

Faroe Islands

Cayman Islands

Difference

Milk (regular), (1 gallon)

1.58 $ 4.59 $ -65 %

Loaf of Fresh White Bread (1 lb)

3.6 $ 4.82 $ -25 %

Rice (white), (1 lb)

2.53 $ 5.67 $ -55 %

Eggs (regular) (12)

3.3 $ 5.31 $ -37 %

Local Cheese (1 lb)

12.84 $ 10.34 $ 24 %

Chicken Fillets (1 lb)

11.15 $ 8.74 $ 27 %

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

13.7 $ 12.5 $ 9 %

Apples (1 lb)

2.89 $ 6.53 $ -55 %

Banana (1 lb)

2.83 $ 2.57 $ 10 %

Oranges (1 lb)

2.89 $ 5.27 $ -45 %

Tomato (1 lb)

3.64 $ 5.27 $ -30 %

Potato (1 lb)

1.28 $ 4.89 $ -73 %

Onion (1 lb)

3.21 $ 3.05 $ 5 %

Lettuce (1 head)

2.78 $ 3.1 $ -10 %

Water (1.5 liter bottle)

2.31 $ 2.28 $ 1 %

Bottle of Wine (Mid-Range)

15.41 $ 22.67 $ -32 %

Domestic Beer (0.5 liter bottle)

3.79 $ 3.86 $ -1 %

Imported Beer (12 oz small bottle)

2.79 $ 4.82 $ -42 %

Cigarettes 20 Pack (Marlboro)

8.35 $ 11.93 $ -30 %
commute

Transportation

Faroe Islands

Cayman Islands

Difference

One-way Ticket (Local Transport)

3.21 $ 2.39 $ 34 %

Monthly Pass (Regular Price)

-- 17.9 $ -100 %

Taxi Start (Normal Tariff)

8.99 $ 17.9 $ -49 %

Taxi 1 mile (Normal Tariff)

-- 1.48 $ --

Taxi 1hour Waiting (Normal Tariff)

47.17 $ 59.65 $ -20 %

Gasoline (1 gallon)

1.24 $ 1.76 $ -29 %

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

35573.45 $ 35791.15 $ --

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

39811.44 $ 30183.87 $ 31 %
mark_as_unread

Utilities (Monthly)

Faroe Islands

Cayman Islands

Difference

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

128.42 $ 344.22 $ -62 %

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

-- 0.38 $ --

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

51.37 $ 135.08 $ -61 %
kitesurfing

Sports And Leisure

Faroe Islands

Cayman Islands

Difference

Fitness Club, Monthly Fee for 1 Adult

47.2 $ 61.97 $ -23 %

Tennis Court Rent (1 Hour on Weekend)

12.84 $ 31.81 $ -59 %

Cinema, International Release, 1 Seat

12.84 $ 16.4 $ -21 %
child_friendly

Childcare

Faroe Islands

Cayman Islands

Difference

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

369.78 $ 1033.97 $ -64 %

International Primary School, Yearly for 1 Child

955.07 $ 20081.17 $ -95 %
checkroom

Clothing And Shoes

Faroe Islands

Cayman Islands

Difference

1 Pair of Jeans (Levis 501 Or Similar)

89.9 $ 65.62 $ 37 %

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

38.53 $ 63.23 $ -39 %

1 Pair of Nike Running Shoes (Mid-Range)

112.37 $ 175.67 $ -36 %

1 Pair of Men Leather Business Shoes

154.11 $ 136.01 $ 13 %
night_shelter

Rent Per Month

Faroe Islands

Cayman Islands

Difference

Apartment (1 bedroom) in City Centre

698.68 $ 2528.61 $ -72 %

Apartment (1 bedroom) Outside of Centre

624.45 $ 1835.95 $ -65 %

Apartment (3 bedrooms) in City Centre

1477.3 $ 4825.18 $ -69 %

Apartment (3 bedrooms) Outside of Centre

1161.64 $ 3236.12 $ -64 %
home

Buy Apartment Price

Faroe Islands

Cayman Islands

Difference

Price per Square Feet to Buy Apartment in City Centre

2825.33 $ 9724.52 $ -70 %

Price per Square Feet to Buy Apartment Outside of Centre

1258.78 $ 6319.38 $ -80 %
account_balance_wallet

Salaries And Financing

Faroe Islands

Cayman Islands

Difference

Average Monthly Net Salary (After Tax)

2115.27 $ 4444.6 $ -52 %

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

3.1 % 6.06 % -48 %