Cost of living
Faroe Islands compared to Marshall Islands
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Overview comparison
Faroe IslandsMarshall Islands
Consumer prices in Marshall Islands are roughly 14% higher than in Faroe Islands.
Cost of living
| Item | Faroe Islands | Marshall Islands |
|---|
| Total with rent one person | 419 | 1,638 |
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| Total with rent family | 1,084 | 2,474 |
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| Without rent one person | 270 | 650 |
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| Without rent one family | 825 | 1,645 |
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| Rent & Utilities person | 158 | 1,128.94 |
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| Rent & Utilities family | 404 | 1,559.62 |
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| Food person | 148 | 474 |
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| Food family | 289 | 1,048 |
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| Transport person | 54 | 44.41 |
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| Transport family | 118 | 141.31 |
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| Life expectancy | 43 years | 76.34 years |
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Eating Out
| Item | Faroe Islands | Marshall Islands |
|---|
| Lunch Menu | 2 | 15.56 |
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| Dinner in a Restaurant, for 2 | 14 | 27.15 |
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| Fast food meal, equiv. McDonald's | 3 | 9.56 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1 | 3.51 |
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| Cappuccino | 1 | 3.04 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1 | 1.85 |
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Rent & Utilities
| Item | Faroe Islands | Marshall Islands |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 262 | 656.13 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 61 | 778.79 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 353 | 1,192.46 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 295 | 1,010.44 |
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| Utility Bill one person, electricity, heating, water, etc. | 20 | 132.94 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 31 | 220.53 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 48 | 78.96 |
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Transportation
| Item | Faroe Islands | Marshall Islands |
|---|
| Local transport ticket | 10 | 10.72 |
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| Monthly ticket local transport | 530 | 1,369 |
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| Taxi Ride, 8 km or 5 mi | 351 | 794 |
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| Gas / Petrol, 1 L or 0.26 gal | 0 | 2.87 |
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| Mortgage Interest Rate for 20 Years | 6% | 30.3% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 10.53 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 1.63 |
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Groceries
| Item | Faroe Islands | Marshall Islands |
|---|
| Milk, 1 L or 1 qt | 1 | 2.12 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1 | 3.29 |
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| Eggs, x12 | 2 | 4.61 |
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| Cheese, 1 kg or 2.2 lb | 7 | 9.02 |
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| Chicken Breast, 1 kg or 2.2 lb | 4 | 11.18 |
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| Round Steak, 1 kg or 2.2 lb | 4 | 20.09 |
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| Banana, 1 kg or 2.2 lb | 0 | 1.31 |
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| Water, 1 L or 1 qt | 0 | 1.32 |
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Other
| Item | Faroe Islands | Marshall Islands |
|---|
| Gym Membership, 1 month | 34 | 26.87 |
|---|
| Cinema Ticket, 1 person | 4 | 5.64 |
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| Doctors visit | 11 | 28.76 |
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| Haircut, simple | 2 | 9.32 |
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| Brand Jeans | 17 | 46.28 |
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| Brand Sneakers | 70 | 30.43 |
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| Daycare or Preschool, 1 month | 91 | 152.15 |
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| International Primary School, 1 year | 10,566 | 2,941 |
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