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