- Cost of Living
- Faroe Islands
- Nigeria
- Comparison
Cost of living in Faroe Islands compared to Nigeria
Currency:
| Food | + 98% | |||
|---|---|---|---|---|
| Food in Faroe Islands is 98% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | - | 2,350 ₦ | - | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | kr93 (5,169 ₦) | 2,113 ₦ | + 145% | |
| 500 gr (1 lb.) of boneless chicken breast | - | 979 ₦ | - | |
| 1 liter (1 qt.) of whole fat milk | kr12 (685 ₦) | 922 ₦ | - 26% | |
| 12 eggs, large | kr30 (1,667 ₦) | 574 ₦ | + 190% | |
| 1 kg (2 lb.) of tomatoes | kr15 (834 ₦) | 646 ₦ | + 29% | |
| 500 gr (16 oz.) of local cheese | kr100 (5,558 ₦) | 2,189 ₦ | + 154% | |
| 1 kg (2 lb.) of apples | kr10 (556 ₦) | 1,140 ₦ | - 51% | |
| 1 kg (2 lb.) of potatoes | kr30 (1,667 ₦) | 942 ₦ | + 77% | |
| 0.5 l (16 oz) domestic beer in the supermarket | kr30 (1,667 ₦) | 321 ₦ | + 419% | |
| 1 bottle of red table wine, good quality | kr140 (7,781 ₦) | 2,387 ₦ | + 226% | |
| 2 liters of Coca-Cola | kr35 (1,945 ₦) | 373 ₦ | + 422% | |
| Bread for 2 people for 1 day | kr20 (1,112 ₦) | 375 ₦ | + 197% | |
| Housing | + 10% | |||
| Housing in Faroe Islands is 10% more expensive than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | kr7,000 (389,070 ₦) | 371,518 ₦ | + 5% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | - | 235,474 ₦ | - | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 28,635 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | kr6,000 (333,489 ₦) | 204,970 ₦ | + 63% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | - | 107,913 ₦ | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | - | 18,994 ₦ | - | |
| Internet 8 Mbps (1 month) | - | 7,060 ₦ | - | |
| 40” flat screen TV | - | 119,290 ₦ | - | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | - | 33,500 ₦ | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | 1,142 ₦ | - | |
| Hourly rate for cleaning help | - | 2,599 ₦ | - | |
| Clothes | + 219% | |||
| Clothes in Faroe Islands is 219% more expensive than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | - | 6,845 ₦ | - | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | kr1,200 (66,698 ₦) | 10,919 ₦ | + 511% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | - | 17,240 ₦ | - | |
| 1 pair of men’s leather business shoes | - | 29,566 ₦ | - | |
| Transportation | + 74% | |||
| Transportation in Faroe Islands is 74% more expensive than in Nigeria | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | kr200,000 (11,116,286 ₦) | 5,470,950 ₦ | + 103% | |
| 1 liter (1/4 gallon) of gas | kr9 (500 ₦) | 150 ₦ | + 234% | |
| Monthly ticket public transport | kr300 (16,674 ₦) | 11,277 ₦ | + 48% | |
| Personal Care | + 14% | |||
| Personal Care in Faroe Islands is 14% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | 1,712 ₦ | - | |
| 1 box of antibiotics (12 doses) | - | 1,740 ₦ | - | |
| Short visit to private Doctor (15 minutes) | - | 7,626 ₦ | - | |
| 1 box of 32 tampons (Tampax, OB, ...) | - | 1,581 ₦ | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | 1,106 ₦ | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | - | 1,336 ₦ | - | |
| 4 rolls of toilet paper | - | 390 ₦ | - | |
| Tube of toothpaste | - | 478 ₦ | - | |
| Standard men's haircut in expat area of the city | kr200 (11,116 ₦) | 1,593 ₦ | + 598% | |
| Entertainment | + 28% | |||
| Entertainment in Faroe Islands is 28% more expensive than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | kr185 (10,283 ₦) | 5,427 ₦ | + 89% | |
| 2 tickets to the movies | kr200 (11,116 ₦) | 3,246 ₦ | + 242% | |
| 2 tickets to the theater (best available seats) | - | 17,434 ₦ | - | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | - | 15,096 ₦ | - | |
| 1 cocktail drink in downtown club | - | 2,655 ₦ | - | |
| Cappuccino in expat area of the city | - | 1,656 ₦ | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | - | 575 ₦ | - | |
| iPad Wi-Fi 128GB | - | 178,983 ₦ | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 62 ₦ | - | |
| 1 month of gym membership in business district | - | 14,751 ₦ | - | |
| 1 package of Marlboro cigarettes | kr58 (3,224 ₦) | 473 ₦ | + 581% | |
| TOTAL | + 59% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,274 prices entered by 112 different people.
These prices were last updated on January 10, 2019.
Exchange rate:
55.581
NGN
/
DKK
Cost of living in Faroe Islands is 59% more expensive than in Nigeria
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