Cost of living
Faroe Islands compared to Palau
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Overview comparison
Faroe IslandsPalau
Consumer prices in Palau are roughly 22% higher than in Faroe Islands.
Cost of living
| Item | Faroe Islands | Palau |
|---|
| Total with rent one person | 419 | 1,315 |
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| Total with rent family | 1,084 | 2,872 |
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| Without rent one person | 270 | 627 |
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| Without rent one family | 825 | 1,386 |
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| Rent & Utilities person | 158 | 515.58 |
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| Rent & Utilities family | 404 | 1,060.1 |
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| Food person | 148 | 420 |
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| Food family | 289 | 1,018 |
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| Transport person | 54 | 39.52 |
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| Transport family | 118 | 107.48 |
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| Life expectancy | 43 years | 55.85 years |
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Eating Out
| Item | Faroe Islands | Palau |
|---|
| Lunch Menu | 2 | 9.49 |
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| Dinner in a Restaurant, for 2 | 14 | 53.16 |
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| Fast food meal, equiv. McDonald's | 3 | 5.52 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1 | 7.22 |
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| Cappuccino | 1 | 5.59 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1 | 0.96 |
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Rent & Utilities
| Item | Faroe Islands | Palau |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 262 | 562.34 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 61 | 339.35 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 353 | 1,124.31 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 295 | 900.87 |
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| Utility Bill one person, electricity, heating, water, etc. | 20 | 81.26 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 31 | 125.05 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 48 | 98.11 |
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Transportation
| Item | Faroe Islands | Palau |
|---|
| Local transport ticket | 10 | 14.68 |
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| Monthly ticket local transport | 530 | 1,472 |
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| Taxi Ride, 8 km or 5 mi | 351 | 1,223 |
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| Gas / Petrol, 1 L or 0.26 gal | 0 | 0.45 |
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| Mortgage Interest Rate for 20 Years | 6% | 24.85% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9 | 12.47 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1 | 1.81 |
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Groceries
| Item | Faroe Islands | Palau |
|---|
| Milk, 1 L or 1 qt | 1 | 2.92 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1 | 1.68 |
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| Eggs, x12 | 2 | 3.87 |
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| Cheese, 1 kg or 2.2 lb | 7 | 6.57 |
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| Chicken Breast, 1 kg or 2.2 lb | 4 | 7.89 |
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| Round Steak, 1 kg or 2.2 lb | 4 | 9.31 |
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| Banana, 1 kg or 2.2 lb | 0 | 1.76 |
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| Water, 1 L or 1 qt | 0 | 0.57 |
|---|
Other
| Item | Faroe Islands | Palau |
|---|
| Gym Membership, 1 month | 34 | 55.35 |
|---|
| Cinema Ticket, 1 person | 4 | 4.15 |
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| Doctors visit | 11 | 41.09 |
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| Haircut, simple | 2 | 6.07 |
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| Brand Jeans | 17 | 64.99 |
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| Brand Sneakers | 70 | 98.89 |
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| Daycare or Preschool, 1 month | 91 | 227.34 |
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| International Primary School, 1 year | 10,566 | 6,115 |
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