Cost of Living in Latvia vs Faroe Islands comparison
Latvia
Explore Latvia, a captivating country with a population of 1,909,000. Embrace a comfortable lifestyle with an average cost of living at $1474 and a median after-tax salary of $875.36. Enjoy dining at diverse restaurants for $62, shop for essentials at bustling markets with an average of $52, and entrust your childcare needs to facilities costing approximately $15119annually. Keep your wardrobe fresh with a clothing budget of $248and secure a lovely home for $1635per month. Latvia also offers an attractive average salary of $875.36. Immerse yourself in the beauty of Latvia, where rich culture meets affordability.
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.
|
Restaurants |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
9.07 $ | 19.63 $ | -53 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
38.2 $ | 102.74 $ | -62 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
5.73 $ | 12.84 $ | -55 % |
|
Domestic Beer (1 pint draught) |
2.87 $ | 6.21 $ | -53 % |
|
Imported Beer (12 oz small bottle) |
2.24 $ | 4.0 $ | -43 % |
|
Cappuccino (regular) |
2.41 $ | 3.81 $ | -36 % |
|
Coke/Pepsi (12 oz small bottle) |
1.13 $ | 2.71 $ | -58 % |
|
Water (12 oz small bottle) |
1.03 $ | 1.9 $ | -45 % |
|
Markets |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
1.1 $ | 1.58 $ | -30 % |
|
Loaf of Fresh White Bread (1 lb) |
1.0 $ | 3.6 $ | -72 % |
|
Rice (white), (1 lb) |
1.99 $ | 2.53 $ | -21 % |
|
Eggs (regular) (12) |
2.08 $ | 3.3 $ | -36 % |
|
Local Cheese (1 lb) |
8.09 $ | 12.84 $ | -36 % |
|
Chicken Fillets (1 lb) |
6.13 $ | 11.15 $ | -45 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.14 $ | 13.7 $ | -33 % |
|
Apples (1 lb) |
1.11 $ | 2.89 $ | -61 % |
|
Banana (1 lb) |
1.4 $ | 2.83 $ | -50 % |
|
Oranges (1 lb) |
1.68 $ | 2.89 $ | -41 % |
|
Tomato (1 lb) |
2.47 $ | 3.64 $ | -32 % |
|
Potato (1 lb) |
0.72 $ | 1.28 $ | -43 % |
|
Onion (1 lb) |
0.58 $ | 3.21 $ | -81 % |
|
Lettuce (1 head) |
1.19 $ | 2.78 $ | -57 % |
|
Water (1.5 liter bottle) |
0.66 $ | 2.31 $ | -71 % |
|
Bottle of Wine (Mid-Range) |
6.69 $ | 15.41 $ | -56 % |
|
Domestic Beer (0.5 liter bottle) |
1.29 $ | 3.79 $ | -65 % |
|
Imported Beer (12 oz small bottle) |
1.5 $ | 2.79 $ | -46 % |
|
Cigarettes 20 Pack (Marlboro) |
4.01 $ | 8.35 $ | -51 % |
|
Transportation |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
1.1 $ | 3.21 $ | -65 % |
|
Monthly Pass (Regular Price) |
47.75 $ | -- | -- |
|
Taxi Start (Normal Tariff) |
1.91 $ | 8.99 $ | -78 % |
|
Taxi 1 mile (Normal Tariff) |
0.67 $ | -- | -- |
|
Taxi 1hour Waiting (Normal Tariff) |
9.55 $ | 47.17 $ | -79 % |
|
Gasoline (1 gallon) |
1.77 $ | 1.24 $ | 42 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20584.72 $ | 35573.45 $ | -42 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
19420.6 $ | 39811.44 $ | -51 % |
|
Utilities (Monthly) |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
229.48 $ | 128.42 $ | 78 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.1 $ | -- | -- |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
14.8 $ | 51.37 $ | -71 % |
|
Sports And Leisure |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
34.1 $ | 47.2 $ | -27 % |
|
Tennis Court Rent (1 Hour on Weekend) |
20.04 $ | 12.84 $ | 56 % |
|
Cinema, International Release, 1 Seat |
7.64 $ | 12.84 $ | -40 % |
|
Childcare |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
313.94 $ | 369.78 $ | -15 % |
|
International Primary School, Yearly for 1 Child |
14805.32 $ | 955.07 $ | 1450 % |
|
Clothing And Shoes |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
55.16 $ | 89.9 $ | -38 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.95 $ | 38.53 $ | -4 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
62.53 $ | 112.37 $ | -44 % |
|
1 Pair of Men Leather Business Shoes |
94.06 $ | 154.11 $ | -38 % |
|
Rent Per Month |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
342.65 $ | 698.68 $ | -50 % |
|
Apartment (1 bedroom) Outside of Centre |
249.96 $ | 624.45 $ | -59 % |
|
Apartment (3 bedrooms) in City Centre |
610.57 $ | 1477.3 $ | -58 % |
|
Apartment (3 bedrooms) Outside of Centre |
432.51 $ | 1161.64 $ | -62 % |
|
Buy Apartment Price |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1694.13 $ | 2825.33 $ | -40 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1070.72 $ | 1258.78 $ | -14 % |
|
Salaries And Financing |
Latvia |
Faroe Islands |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
875.36 $ | 2115.27 $ | -58 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
2.54 % | 3.1 % | -18 % |