Cost of living in Faroe Islands compared to Nigeria
Currency:
| Food | + 101% | |||
|---|---|---|---|---|
| Food in Faroe Islands is 101% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | - | 2,244 ₦ | - | |
| Combo meal in fast food restaurant (big mac meal or similar) | kr93 (4,910 ₦) | 1,552 ₦ | + 216% | |
| 500 gr (1 lb.) of boneless chicken breast | - | 939 ₦ | - | |
| 1 liter (1 qt.) of whole fat milk | kr12 (650 ₦) | 802 ₦ | - 19% | |
| 12 eggs, large | kr30 (1,584 ₦) | 551 ₦ | + 188% | |
| 1 kg (2 lb.) of tomatoes | kr15 (792 ₦) | 686 ₦ | + 15% | |
| 500 gr (16 oz.) of local cheese | kr100 (5,279 ₦) | 2,314 ₦ | + 128% | |
| 1 kg (2 lb.) of apples | kr10 (528 ₦) | 1,258 ₦ | - 58% | |
| 1 kg (2 lb.) of potatoes | kr30 (1,584 ₦) | 647 ₦ | + 145% | |
| 0.5 l (16 oz) domestic beer in the supermarket | kr30 (1,584 ₦) | 328 ₦ | + 382% | |
| 1 bottle of red table wine, good quality | kr140 (7,391 ₦) | 2,879 ₦ | + 157% | |
| 2 liters of coca-cola | kr35 (1,848 ₦) | 360 ₦ | + 414% | |
| Bread for 2 people for 1 day | kr20 (1,056 ₦) | 370 ₦ | + 186% | |
| Housing | + 32% | |||
| Housing in Faroe Islands is 32% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | - | 450,052 ₦ | - | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | - | 277,945 ₦ | - | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 20,990 ₦ | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | kr8,000 (422,335 ₦) | 336,264 ₦ | + 26% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | - | 280,671 ₦ | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | - | 12,211 ₦ | - | |
| Internet 8 mbps (1 month) | kr449 (23,704 ₦) | 8,757 ₦ | + 171% | |
| 40” flat screen tv | kr2,465 (130,154 ₦) | 84,820 ₦ | + 53% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | 31,502 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,122 ₦ | - | |
| Hourly rate for cleaning help | kr120 (6,335 ₦) | 1,192 ₦ | + 432% | |
| Clothes | + 375% | |||
| Clothes in Faroe Islands is 375% more expensive than in Nigeria | ||||
| 1 pair of jeans (levis 501 or similar) | kr700 (36,954 ₦) | 7,198 ₦ | + 413% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | kr1,200 (63,350 ₦) | 10,494 ₦ | + 504% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | kr750 (39,594 ₦) | 14,247 ₦ | + 178% | |
| 1 pair of men’s leather business shoes | - | 21,849 ₦ | - | |
| Transportation | + 130% | |||
| Transportation in Faroe Islands is 130% more expensive than in Nigeria | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | kr308,000 (16,259,909 ₦) | 1,792,100 ₦ | + 807% | |
| 1 liter (1/4 gallon) of gas | kr8 (421 ₦) | 148 ₦ | + 185% | |
| Monthly ticket public transport | - | 16,973 ₦ | - | |
| Personal Care | + 49% | |||
| Personal Care in Faroe Islands is 49% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | 969 ₦ | - | |
| 1 box of antibiotics (12 doses) | kr25 (1,320 ₦) | 2,812 ₦ | - 53% | |
| Short visit to private doctor (15 minutes) | - | 6,906 ₦ | - | |
| 1 box of 32 tampons (tampax, ob, ...) | - | 1,561 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | kr31 (1,650 ₦) | 1,081 ₦ | + 53% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | kr35 (1,848 ₦) | 1,092 ₦ | + 69% | |
| 4 rolls of toilet paper | kr18 (924 ₦) | 333 ₦ | + 177% | |
| Tube of toothpaste | kr20 (1,056 ₦) | 488 ₦ | + 116% | |
| Standard men's haircut in expat area of the city | kr220 (11,614 ₦) | 2,448 ₦ | + 375% | |
| Entertainment | + 58% | |||
| Entertainment in Faroe Islands is 58% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | kr250 (13,198 ₦) | 5,246 ₦ | + 152% | |
| 2 tickets to the movies | kr208 (10,977 ₦) | 3,961 ₦ | + 177% | |
| 2 tickets to the theater (best available seats) | - | 16,149 ₦ | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | - | 17,569 ₦ | - | |
| 1 cocktail drink in downtown club | - | 2,268 ₦ | - | |
| Cappuccino in expat area of the city | - | 2,077 ₦ | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 567 ₦ | - | |
| Ipad wi-fi 128gb | kr3,900 (205,888 ₦) | 68,273 ₦ | + 202% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 34 ₦ | - | |
| 1 month of gym membership in business district | - | 15,010 ₦ | - | |
| 1 package of marlboro cigarettes | kr65 (3,431 ₦) | 463 ₦ | + 641% | |
| TOTAL | + 84% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,103 prices entered by 103 different people.
These prices were last updated on February 22, 2020.
Exchange rate:
52.792
NGN
/
DKK
Cost of living in Faroe Islands is 84% more expensive than in Nigeria
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