Cost of living
Faroe Islands compared to Libya
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Overview comparison
Faroe IslandsLibya
Consumer prices in Faroe Islands are roughly 58% higher than in Libya.
Cost of living
| Item | Faroe Islands | Libya |
|---|
| Total with rent one person | 419 | 407 |
|---|
| Total with rent family | 1,084 | 1,083 |
|---|
| Without rent one person | 270 | 335 |
|---|
| Without rent one family | 825 | 840 |
|---|
| Rent & Utilities person | 158 | 143.81 |
|---|
| Rent & Utilities family | 404 | 249.87 |
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| Food person | 148 | 152 |
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| Food family | 289 | 383 |
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| Transport person | 54 | 64.63 |
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| Transport family | 118 | 138.55 |
|---|
| Life expectancy | 43 years | 76.48 years |
|---|
Eating Out
| Item | Faroe Islands | Libya |
|---|
| Lunch Menu | 2 | 5.33 |
|---|
| Dinner in a Restaurant, for 2 | 14 | 19.28 |
|---|
| Fast food meal, equiv. McDonald's | 3 | 3.89 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 1 | 0.56 |
|---|
| Cappuccino | 1 | 0.72 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1 | 0.56 |
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Rent & Utilities
| Item | Faroe Islands | Libya |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 262 | 143.56 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 61 | 115.82 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 353 | 418.46 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 295 | 215.1 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 20 | 19.3 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 31 | 27.33 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 48 | 22.21 |
|---|
Transportation
| Item | Faroe Islands | Libya |
|---|
| Local transport ticket | 10 | 17.51 |
|---|
| Monthly ticket local transport | 530 | 951 |
|---|
| Taxi Ride, 8 km or 5 mi | 351 | 252 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0 | 0.67 |
|---|
| Mortgage Interest Rate for 20 Years | 6% | 25.61% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 10.67 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 0.52 |
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Groceries
| Item | Faroe Islands | Libya |
|---|
| Milk, 1 L or 1 qt | 1 | 1.17 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1 | 0.36 |
|---|
| Eggs, x12 | 2 | 1.49 |
|---|
| Cheese, 1 kg or 2.2 lb | 7 | 5.15 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 4 | 3.45 |
|---|
| Round Steak, 1 kg or 2.2 lb | 4 | 10.53 |
|---|
| Banana, 1 kg or 2.2 lb | 0 | 1.37 |
|---|
| Water, 1 L or 1 qt | 0 | 0.15 |
|---|
Other
| Item | Faroe Islands | Libya |
|---|
| Gym Membership, 1 month | 34 | 27.41 |
|---|
| Cinema Ticket, 1 person | 4 | 4.56 |
|---|
| Doctors visit | 11 | 25.14 |
|---|
| Haircut, simple | 2 | 1.58 |
|---|
| Brand Jeans | 17 | 31.59 |
|---|
| Brand Sneakers | 70 | 43.13 |
|---|
| Daycare or Preschool, 1 month | 91 | 73.8 |
|---|
| International Primary School, 1 year | 10,566 | 1,002 |
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