Cost of living
Faroe Islands compared to Bosnia and Herzegovina
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Overview comparison
Faroe IslandsBosnia and Herzegovina
Consumer prices in Faroe Islands are roughly 9% higher than in Bosnia and Herzegovina.
Cost of living
| Item | Faroe Islands | Bosnia and Herzegovina |
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| Total with rent one person | 419 | 851 |
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| Total with rent family | 1,084 | 1,551 |
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| Without rent one person | 270 | 456 |
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| Without rent one family | 825 | 1,163 |
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| Rent & Utilities person | 158 | 275.5 |
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| Rent & Utilities family | 404 | 422.91 |
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| Food person | 148 | 246 |
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| Food family | 289 | 661 |
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| Transport person | 54 | 32.91 |
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| Transport family | 118 | 95.06 |
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| Life expectancy | 43 years | 68.37 years |
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Eating Out
| Item | Faroe Islands | Bosnia and Herzegovina |
|---|
| Lunch Menu | 2 | 7.49 |
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| Dinner in a Restaurant, for 2 | 14 | 34.62 |
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| Fast food meal, equiv. McDonald's | 3 | 5.28 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1 | 2.23 |
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| Cappuccino | 1 | 1.89 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1 | 1.95 |
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Rent & Utilities
| Item | Faroe Islands | Bosnia and Herzegovina |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 262 | 261.95 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 61 | 220.92 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 353 | 407.86 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 295 | 321.5 |
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| Utility Bill one person, electricity, heating, water, etc. | 20 | 114.49 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 31 | 134.68 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 48 | 20.16 |
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Transportation
| Item | Faroe Islands | Bosnia and Herzegovina |
|---|
| Local transport ticket | 10 | 4.89 |
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| Monthly ticket local transport | 530 | 2,328 |
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| Taxi Ride, 8 km or 5 mi | 351 | 1,766 |
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| Gas / Petrol, 1 L or 0.26 gal | 0 | 1.67 |
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| Mortgage Interest Rate for 20 Years | 6% | 37.11% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 7.69 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 1.65 |
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Groceries
| Item | Faroe Islands | Bosnia and Herzegovina |
|---|
| Milk, 1 L or 1 qt | 1 | 1.2 |
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| Bread, 0.5 kg or 1.1 lb | 1 | 0.96 |
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| Eggs, x12 | 2 | 2.18 |
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| Cheese, 1 kg or 2.2 lb | 7 | 9.88 |
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| Chicken Breast, 1 kg or 2.2 lb | 4 | 6.58 |
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| Round Steak, 1 kg or 2.2 lb | 4 | 9.61 |
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| Banana, 1 kg or 2.2 lb | 0 | 1.78 |
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| Water, 1 L or 1 qt | 0 | 0.46 |
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Other
| Item | Faroe Islands | Bosnia and Herzegovina |
|---|
| Gym Membership, 1 month | 34 | 30.52 |
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| Cinema Ticket, 1 person | 4 | 4.94 |
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| Doctors visit | 11 | 24.44 |
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| Haircut, simple | 2 | 4.52 |
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| Brand Jeans | 17 | 79.39 |
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| Brand Sneakers | 70 | 99.56 |
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| Daycare or Preschool, 1 month | 91 | 166.92 |
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| International Primary School, 1 year | 10,566 | 3,298 |
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