Cost of Living & Prices:
Colombia vs. Faroe Islands
Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.
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BogotáTable of contents
Grocery
Colombia vs. Faroe Islands - grocery purchase prices. You would pay on average 2.65 times less for grocery shopping in Colombia than in Faroe Islands.
Apples (1kg)
One kilogram of apples costs 2.05 EUR (2.2 USD) in Colombia and 2.91 EUR (3.12 USD) in Faroe Islands. The price of this product is 29.6% lower in Colombia.
Banana (1kg)
1 kilogram of bananas costs 0.84 EUR (0.91 USD) in Colombia and 2.82 EUR (3.02 USD) in Faroe Islands. The price of this product is 70.2% lower in Colombia.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 6.45 EUR (6.92 USD) in Colombia and 13.18 EUR (14.13 USD) in Faroe Islands. The price of this product is 51.1% lower in Colombia.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 8.98 EUR (9.62 USD) in Colombia and 17.43 EUR (18.69 USD) in Faroe Islands. The price of this product is 48.5% lower in Colombia.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 3.98 EUR (4.27 USD) in Colombia and 11.94 EUR (12.8 USD) in Faroe Islands. The price of this product is 66.7% lower in Colombia.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 1.8 EUR (1.92 USD) in Colombia and 8.71 EUR (9.34 USD) in Faroe Islands. The price of this product is 79.3% lower in Colombia.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 0.81 EUR (0.87 USD) in Colombia and 3.95 EUR (4.24 USD) in Faroe Islands. The price of this product is 79.5% lower in Colombia.
Eggs (regular) (12)
You will pay 1.75 EUR (1.88 USD) for 12 eggs in Colombia and 3.61 EUR (3.87 USD) in Faroe Islands. The price of this product is 51.5% lower in Colombia.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.5 EUR (1.61 USD) in Colombia and 2.99 EUR (3.21 USD) in Faroe Islands. The price of this product is 49.8% lower in Colombia.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 0.6 EUR (0.65 USD) in Colombia and 3.35 EUR (3.59 USD) in Faroe Islands. The price of this product is 82.1% lower in Colombia.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.13 EUR (1.22 USD) in Colombia and 3.83 EUR (4.11 USD) in Faroe Islands. The price of this product is 70.5% lower in Colombia.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 4.71 EUR (5.05 USD) in Colombia and 14.3 EUR (15.33 USD) in Faroe Islands. The price of this product is 67.1% lower in Colombia.
Milk (regular), (1 liter)
One liter of milk costs 0.98 EUR (1.05 USD) in Colombia and 1.69 EUR (1.81 USD) in Faroe Islands. The price of this product is 42% lower in Colombia.
Onion (1kg)
One kilogram of onions costs 0.78 EUR (0.84 USD) in Colombia and 3.35 EUR (3.59 USD) in Faroe Islands. The price of this product is 76.7% lower in Colombia.
Oranges (1kg)
One kilogram of oranges costs 1.04 EUR (1.11 USD) in Colombia and 3.13 EUR (3.35 USD) in Faroe Islands. The price of this product is 66.8% lower in Colombia.
Potato (1kg)
One kilogram of potatoes costs 0.86 EUR (0.92 USD) in Colombia and 2.01 EUR (2.16 USD) in Faroe Islands. The price of this product is 57.2% lower in Colombia.
Rice (white), (1kg)
One kilogram of white rice costs 0.97 EUR (1.04 USD) in Colombia and 2.32 EUR (2.49 USD) in Faroe Islands. The price of this product is 58.2% lower in Colombia.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 1.05 EUR (1.13 USD) in Colombia and 3.8 EUR (4.07 USD) in Faroe Islands. The price of this product is 72.4% lower in Colombia.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 0.62 EUR (0.67 USD) in Colombia and 3.02 EUR (3.23 USD) in Faroe Islands. The price of this product is 79.5% lower in Colombia.
Restaurant
Colombia vs. Faroe Islands - expenses on meals in restaurants. You would pay 5.5 times less for meals in restaurants in Colombia than in Faroe Islands.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 1.24 EUR (1.33 USD) in Colombia and 4.58 EUR (4.91 USD) in Faroe Islands. The price of this product is 72.9% lower in Colombia.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 0.66 EUR (0.71 USD) in Colombia and 2.76 EUR (2.96 USD) in Faroe Islands. The price of this product is 76.1% lower in Colombia.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 1.12 EUR (1.2 USD) in Colombia and 6.7 EUR (7.19 USD) in Faroe Islands. The price of this product is 83.3% lower in Colombia.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 2.13 EUR (2.29 USD) in Colombia and 6.7 EUR (7.19 USD) in Faroe Islands. The price of this product is 68.2% lower in Colombia.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 5.39 EUR (5.77 USD) in Colombia and 13.41 EUR (14.37 USD) in Faroe Islands. The price of this product is 59.8% lower in Colombia.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 20.2 EUR (21.65 USD) in Colombia and 134.06 EUR (143.75 USD) in Faroe Islands. The price of this product is 84.9% lower in Colombia.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 3.37 EUR (3.61 USD) in Colombia and 20.11 EUR (21.56 USD) in Faroe Islands. The price of this product is 83.2% lower in Colombia.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 0.53 EUR (0.57 USD) in Colombia and 2.17 EUR (2.32 USD) in Faroe Islands. The price of this product is 75.6% lower in Colombia.
Fuel
Colombia vs. Faroe Islands - expenses related to fuel.
Diesel 1L
Gasoline 1L
Transportation
Colombia vs. Faroe Islands - costs of transportation and public communication. You would pay 8.22 times less for transportation in Colombia than in Faroe Islands.
Monthly Pass (Regular Price)
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 0.62 EUR (0.66 USD) in Colombia and 6.7 EUR (7.19 USD) in Faroe Islands. The price of this product is 90.7% lower in Colombia.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 5.56 EUR (5.96 USD) in Colombia and 44.9 EUR (48.14 USD) in Faroe Islands. The price of this product is 87.6% lower in Colombia.
Taxi 1km (Normal Tariff)
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 1.12 EUR (1.2 USD) in Colombia and 8.38 EUR (8.98 USD) in Faroe Islands. The price of this product is 86.6% lower in Colombia.
Sports & entertainment
Colombia vs. Faroe Islands - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 3.59 EUR (3.85 USD) in Colombia and 14.08 EUR (15.09 USD) in Faroe Islands. The price of this product is 74.5% lower in Colombia.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 18.78 EUR (20.14 USD) in Colombia and 79.43 EUR (85.17 USD) in Faroe Islands. The price of this product is 76.4% lower in Colombia.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 8.63 EUR (9.25 USD) in Colombia and 13.41 EUR (14.37 USD) in Faroe Islands. The price of this product is 35.6% lower in Colombia.
Flats for rent
Colombia vs. Faroe Islands - costs of renting an apartment. You would pay about 2.37 times less for renting an apartment in Colombia than in Faroe Islands.
Apartment (1 bedroom) in City Centre
For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 348.73 EUR (373.92 USD) in Colombia and 714.59 EUR (766.23 USD) in Faroe Islands. The price of this product is 51.2% lower in Colombia.
Apartment (1 bedroom) Outside of Centre
For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 264.98 EUR (284.13 USD) in Colombia and 766.6 EUR (822 USD) in Faroe Islands. The price of this product is 65.4% lower in Colombia.
Apartment (3 bedrooms) in City Centre
For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 687.47 EUR (737.14 USD) in Colombia and 1593 EUR (1708.3 USD) in Faroe Islands. The price of this product is 56.8% lower in Colombia.
Apartment (3 bedrooms) Outside of Centre
For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 496.99 EUR (532.9 USD) in Colombia and 1193 EUR (1279.56 USD) in Faroe Islands. The price of this product is 58.3% lower in Colombia.
Flats for sale
Colombia vs. Faroe Islands - costs of purchasing an apartment. You would pay 1.54 times less for buying an apartment in Colombia than in Faroe Islands.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 1558 EUR (1670.94 USD) in Colombia and 2949 EUR (3162.45 USD) in Faroe Islands. The price of this product is 47.2% lower in Colombia.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 1217 EUR (1304.54 USD) in Colombia and 1314 EUR (1409.27 USD) in Faroe Islands. The price of this product is 7.4% lower in Colombia.
Salary
Colombia vs. Faroe Islands - average salary. The average salary in Colombia is 6.35 times lower than in Faroe Islands.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 327.04 EUR (350.67 USD) in Colombia and 2078 EUR (2228.48 USD) in Faroe Islands. The average salary is 84.3% lower in Colombia.
Hotels
Colombia vs. Faroe Islands - prices of accommodation in hostels, guesthouses, and hotels.
One star
Two stars
Three stars
Four stars
Five stars
Average accommodation prices based on Expedia.com data • Update: 15 Jun 2024 (1 night stay for 2 people on 29 Jun 2024) • Colombia: 20 cities, 1137 hotels • Faroe Islands: 1 cities, 3 hotels