Cost of living
Faroe Islands compared to Liberia
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Overview comparison
Faroe IslandsLiberia
Consumer prices in Faroe Islands are roughly 30% higher than in Liberia.
Cost of living
| Item | Faroe Islands | Liberia |
|---|
| Total with rent one person | 419 | 419 |
|---|
| Total with rent family | 1,084 | 1,228 |
|---|
| Without rent one person | 270 | 279 |
|---|
| Without rent one family | 825 | 973 |
|---|
| Rent & Utilities person | 158 | 217 |
|---|
| Rent & Utilities family | 404 | 488.73 |
|---|
| Food person | 148 | 235 |
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| Food family | 289 | 599 |
|---|
| Transport person | 54 | 42.48 |
|---|
| Transport family | 118 | 120.97 |
|---|
| Life expectancy | 43 years | 64.11 years |
|---|
Eating Out
| Item | Faroe Islands | Liberia |
|---|
| Lunch Menu | 2 | 3.69 |
|---|
| Dinner in a Restaurant, for 2 | 14 | 16.18 |
|---|
| Fast food meal, equiv. McDonald's | 3 | 3.55 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1 | 1.96 |
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| Cappuccino | 1 | 1.55 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1 | 0.5 |
|---|
Rent & Utilities
| Item | Faroe Islands | Liberia |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 262 | 218.36 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 61 | 165.96 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 353 | 533.84 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 295 | 308.17 |
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| Utility Bill one person, electricity, heating, water, etc. | 20 | 28.79 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 31 | 59.97 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 48 | 25.45 |
|---|
Transportation
| Item | Faroe Islands | Liberia |
|---|
| Local transport ticket | 10 | 10.91 |
|---|
| Monthly ticket local transport | 530 | 1,412 |
|---|
| Taxi Ride, 8 km or 5 mi | 351 | 983 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0 | 0.33 |
|---|
| Mortgage Interest Rate for 20 Years | 6% | 13.29% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 4.76 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 1.04 |
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Groceries
| Item | Faroe Islands | Liberia |
|---|
| Milk, 1 L or 1 qt | 1 | 1.35 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1 | 0.72 |
|---|
| Eggs, x12 | 2 | 1.4 |
|---|
| Cheese, 1 kg or 2.2 lb | 7 | 7.28 |
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| Chicken Breast, 1 kg or 2.2 lb | 4 | 4.15 |
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| Round Steak, 1 kg or 2.2 lb | 4 | 5.12 |
|---|
| Banana, 1 kg or 2.2 lb | 0 | 1.12 |
|---|
| Water, 1 L or 1 qt | 0 | 0.31 |
|---|
Other
| Item | Faroe Islands | Liberia |
|---|
| Gym Membership, 1 month | 34 | 26.79 |
|---|
| Cinema Ticket, 1 person | 4 | 4.26 |
|---|
| Doctors visit | 11 | 11.28 |
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| Haircut, simple | 2 | 3.82 |
|---|
| Brand Jeans | 17 | 27.86 |
|---|
| Brand Sneakers | 70 | 73.29 |
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| Daycare or Preschool, 1 month | 91 | 91.74 |
|---|
| International Primary School, 1 year | 10,566 | 3,130 |
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