Cost of Living in Faroe Islands vs North Macedonia 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.

$892

North Macedonia

Discover North Macedonia, a captivating country with a population of 1,836,713. Experience a comfortable way of life, where the average cost of living stands at $892, and the median after-tax salary amounts to $366.7. Savor the culinary delights of North Macedonia at various restaurants for an average of $32, explore bustling markets with essentials priced at around $34, and entrust your childcare needs to facilities costing approximately $2611annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $820per month. North Macedonia also boasts an appealing average salary of $366.7. Immerse yourself in the beauty of North Macedonia, where affordability and cultural richness converge.

restaurant
$ 153
Restaurants
restaurant
$ 32
Restaurants
store
$ 100
Markets
store
$ 34
Markets
child_friendly
$ 1,324
Childcare
child_friendly
$ 2,611
Childcare
checkroom
$ 394
Clothing
checkroom
$ 201
Clothing
night_shelter
$ 3,962
Rent Per Month
night_shelter
$ 820
Rent Per Month
account_balance_wallet
$ 2,115
Salaries
account_balance_wallet
$ 366
Salaries
Faroe Islands VS North Macedonia
restaurant

Restaurants

Faroe Islands

North Macedonia

Difference

Meal, Inexpensive Restaurant

19.63 $ 3.91 $ 402 %

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

102.74 $ 18.77 $ 447 %

McMeal at McDonalds (or Equivalent Combo Meal)

12.84 $ 3.13 $ 310 %

Domestic Beer (1 pint draught)

6.21 $ 1.56 $ 298 %

Imported Beer (12 oz small bottle)

4.0 $ 1.88 $ 112 %

Cappuccino (regular)

3.81 $ 1.18 $ 222 %

Coke/Pepsi (12 oz small bottle)

2.71 $ 1.08 $ 150 %

Water (12 oz small bottle)

1.9 $ 0.77 $ 146 %
store

Markets

Faroe Islands

North Macedonia

Difference

Milk (regular), (1 gallon)

1.58 $ 0.89 $ 77 %

Loaf of Fresh White Bread (1 lb)

3.6 $ 0.52 $ 592 %

Rice (white), (1 lb)

2.53 $ 1.05 $ 140 %

Eggs (regular) (12)

3.3 $ 1.64 $ 101 %

Local Cheese (1 lb)

12.84 $ 5.2 $ 146 %

Chicken Fillets (1 lb)

11.15 $ 4.63 $ 140 %

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

13.7 $ 7.49 $ 82 %

Apples (1 lb)

2.89 $ 0.71 $ 307 %

Banana (1 lb)

2.83 $ 0.99 $ 185 %

Oranges (1 lb)

2.89 $ 0.88 $ 228 %

Tomato (1 lb)

3.64 $ 1.08 $ 237 %

Potato (1 lb)

1.28 $ 0.55 $ 132 %

Onion (1 lb)

3.21 $ 0.52 $ 517 %

Lettuce (1 head)

2.78 $ 0.41 $ 578 %

Water (1.5 liter bottle)

2.31 $ 0.39 $ 492 %

Bottle of Wine (Mid-Range)

15.41 $ 3.91 $ 294 %

Domestic Beer (0.5 liter bottle)

3.79 $ 0.72 $ 426 %

Imported Beer (12 oz small bottle)

2.79 $ 0.98 $ 184 %

Cigarettes 20 Pack (Marlboro)

8.35 $ 2.35 $ 255 %
commute

Transportation

Faroe Islands

North Macedonia

Difference

One-way Ticket (Local Transport)

3.21 $ 0.55 $ 483 %

Monthly Pass (Regular Price)

-- 21.89 $ -100 %

Taxi Start (Normal Tariff)

8.99 $ 0.78 $ 1052 %

Taxi 1 mile (Normal Tariff)

-- 0.47 $ --

Taxi 1hour Waiting (Normal Tariff)

47.17 $ 4.69 $ 905 %

Gasoline (1 gallon)

1.24 $ 1.22 $ 1 %

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

35573.45 $ 17311.71 $ 105 %

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

39811.44 $ 17479.73 $ 127 %
mark_as_unread

Utilities (Monthly)

Faroe Islands

North Macedonia

Difference

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

128.42 $ 102.47 $ 25 %

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

-- 0.1 $ --

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

51.37 $ 14.69 $ 249 %
kitesurfing

Sports And Leisure

Faroe Islands

North Macedonia

Difference

Fitness Club, Monthly Fee for 1 Adult

47.2 $ 18.41 $ 156 %

Tennis Court Rent (1 Hour on Weekend)

12.84 $ 9.24 $ 38 %

Cinema, International Release, 1 Seat

12.84 $ 4.0 $ 221 %
child_friendly

Childcare

Faroe Islands

North Macedonia

Difference

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

369.78 $ 122.62 $ 201 %

International Primary School, Yearly for 1 Child

955.07 $ 2488.64 $ -61 %
checkroom

Clothing And Shoes

Faroe Islands

North Macedonia

Difference

1 Pair of Jeans (Levis 501 Or Similar)

89.9 $ 43.9 $ 104 %

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

38.53 $ 26.61 $ 44 %

1 Pair of Nike Running Shoes (Mid-Range)

112.37 $ 64.81 $ 73 %

1 Pair of Men Leather Business Shoes

154.11 $ 66.44 $ 131 %
night_shelter

Rent Per Month

Faroe Islands

North Macedonia

Difference

Apartment (1 bedroom) in City Centre

698.68 $ 181.54 $ 284 %

Apartment (1 bedroom) Outside of Centre

624.45 $ 130.5 $ 378 %

Apartment (3 bedrooms) in City Centre

1477.3 $ 293.16 $ 403 %

Apartment (3 bedrooms) Outside of Centre

1161.64 $ 214.92 $ 440 %
home

Buy Apartment Price

Faroe Islands

North Macedonia

Difference

Price per Square Feet to Buy Apartment in City Centre

2825.33 $ 1085.07 $ 160 %

Price per Square Feet to Buy Apartment Outside of Centre

1258.78 $ 814.1 $ 54 %
account_balance_wallet

Salaries And Financing

Faroe Islands

North Macedonia

Difference

Average Monthly Net Salary (After Tax)

2115.27 $ 366.7 $ 476 %

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

3.1 % 4.9 % -36 %