Cost of living
Faroe Islands compared to Bolivia
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Overview comparison
Faroe IslandsBolivia
Consumer prices in Faroe Islands are roughly 21% higher than in Bolivia.
Cost of living
| Item | Faroe Islands | Bolivia |
|---|
| Total with rent one person | 419 | 793 |
|---|
| Total with rent family | 1,084 | 1,699 |
|---|
| Without rent one person | 270 | 384 |
|---|
| Without rent one family | 825 | 1,311 |
|---|
| Rent & Utilities person | 158 | 296.6 |
|---|
| Rent & Utilities family | 404 | 523.39 |
|---|
| Food person | 148 | 202 |
|---|
| Food family | 289 | 552 |
|---|
| Transport person | 54 | 80 |
|---|
| Transport family | 118 | 290.84 |
|---|
| Life expectancy | 43 years | 55.86 years |
|---|
Eating Out
| Item | Faroe Islands | Bolivia |
|---|
| Lunch Menu | 2 | 3.37 |
|---|
| Dinner in a Restaurant, for 2 | 14 | 21.6 |
|---|
| Fast food meal, equiv. McDonald's | 3 | 6.67 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 1 | 2.56 |
|---|
| Cappuccino | 1 | 3.12 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1 | 0.87 |
|---|
Rent & Utilities
| Item | Faroe Islands | Bolivia |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 262 | 334.14 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 61 | 196.63 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 353 | 412.76 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 295 | 393.05 |
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| Utility Bill one person, electricity, heating, water, etc. | 20 | 27.4 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 31 | 47.96 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 48 | 38.01 |
|---|
Transportation
| Item | Faroe Islands | Bolivia |
|---|
| Local transport ticket | 10 | 6.97 |
|---|
| Monthly ticket local transport | 530 | 1,348 |
|---|
| Taxi Ride, 8 km or 5 mi | 351 | 942 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0 | 0.37 |
|---|
| Mortgage Interest Rate for 20 Years | 6% | 27.33% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 11.04 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 0.52 |
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Groceries
| Item | Faroe Islands | Bolivia |
|---|
| Milk, 1 L or 1 qt | 1 | 1.16 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1 | 1.01 |
|---|
| Eggs, x12 | 2 | 1.63 |
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| Cheese, 1 kg or 2.2 lb | 7 | 4.77 |
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| Chicken Breast, 1 kg or 2.2 lb | 4 | 3.16 |
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| Round Steak, 1 kg or 2.2 lb | 4 | 5.37 |
|---|
| Banana, 1 kg or 2.2 lb | 0 | 0.94 |
|---|
| Water, 1 L or 1 qt | 0 | 0.76 |
|---|
Other
| Item | Faroe Islands | Bolivia |
|---|
| Gym Membership, 1 month | 34 | 37.12 |
|---|
| Cinema Ticket, 1 person | 4 | 6.44 |
|---|
| Doctors visit | 11 | 35.75 |
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| Haircut, simple | 2 | 6.26 |
|---|
| Brand Jeans | 17 | 43.8 |
|---|
| Brand Sneakers | 70 | 63.94 |
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| Daycare or Preschool, 1 month | 91 | 225.28 |
|---|
| International Primary School, 1 year | 10,566 | 3,260 |
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