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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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BogotáBogotá
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Grocery

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Colombia vs. Faroe Islands - grocery purchase prices. You would pay on average 2.41 times less for grocery shopping in Colombia than in Faroe Islands.

Apples (1kg)

One kilogram of apples costs 2.73 EUR (3.17 USD) in Colombia and 2.34 EUR (2.72 USD) in Faroe Islands. The price of this product is 14.3% lower in Faroe Islands.

2.73 EUR
2.34 EUR

Banana (1kg)

1 kilogram of bananas costs 1 EUR (1.16 USD) in Colombia and 2.21 EUR (2.57 USD) in Faroe Islands. The price of this product is 54.8% lower in Colombia.

1.00 EUR
2.21 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 6.72 EUR (7.81 USD) in Colombia and 24.09 EUR (28.01 USD) in Faroe Islands. The price of this product is 72.1% lower in Colombia.

6.72 EUR
24.09 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 8.86 EUR (10.3 USD) in Colombia and 10.71 EUR (12.45 USD) in Faroe Islands. The price of this product is 17.3% lower in Colombia.

8.86 EUR
10.71 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 4.8 EUR (5.58 USD) in Colombia and 12.37 EUR (14.38 USD) in Faroe Islands. The price of this product is 61.2% lower in Colombia.

4.80 EUR
12.37 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 2.51 EUR (2.92 USD) in Colombia and 9.37 EUR (10.89 USD) in Faroe Islands. The price of this product is 73.2% lower in Colombia.

2.51 EUR
9.37 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.03 EUR (1.19 USD) in Colombia and 1.95 EUR (2.27 USD) in Faroe Islands. The price of this product is 47.2% lower in Colombia.

1.03 EUR
1.95 EUR

Eggs (regular) (12)

You will pay 1.83 EUR (2.13 USD) for 12 eggs in Colombia and 4.7 EUR (5.47 USD) in Faroe Islands. The price of this product is 61.1% lower in Colombia.

1.83 EUR
4.70 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.73 EUR (2.01 USD) in Colombia and 2.54 EUR (2.96 USD) in Faroe Islands. The price of this product is 31.9% lower in Colombia.

1.73 EUR
2.54 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

16.28 EUR
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Lettuce (1 head)

One head of lettuce costs 0.72 EUR (0.83 USD) in Colombia and 2.14 EUR (2.49 USD) in Faroe Islands. The price of this product is 66.4% lower in Colombia.

0.72 EUR
2.14 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 1.32 EUR (1.53 USD) in Colombia and 5.34 EUR (6.21 USD) in Faroe Islands. The price of this product is 75.3% lower in Colombia.

1.32 EUR
5.34 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 4.46 EUR (5.18 USD) in Colombia and 12.67 EUR (14.73 USD) in Faroe Islands. The price of this product is 64.8% lower in Colombia.

4.46 EUR
12.67 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.09 EUR (1.27 USD) in Colombia and 1.99 EUR (2.31 USD) in Faroe Islands. The price of this product is 45.2% lower in Colombia.

1.09 EUR
1.99 EUR

Onion (1kg)

One kilogram of onions costs 1.1 EUR (1.28 USD) in Colombia and 2.81 EUR (3.27 USD) in Faroe Islands. The price of this product is 60.9% lower in Colombia.

1.10 EUR
2.81 EUR

Oranges (1kg)

One kilogram of oranges costs 1.22 EUR (1.42 USD) in Colombia and 2.68 EUR (3.11 USD) in Faroe Islands. The price of this product is 54.5% lower in Colombia.

1.22 EUR
2.68 EUR

Potato (1kg)

One kilogram of potatoes costs 1.11 EUR (1.29 USD) in Colombia and 2.21 EUR (2.57 USD) in Faroe Islands. The price of this product is 49.8% lower in Colombia.

1.11 EUR
2.21 EUR

Rice (white), (1kg)

One kilogram of white rice costs 1.05 EUR (1.22 USD) in Colombia and 3.3 EUR (3.84 USD) in Faroe Islands. The price of this product is 68.2% lower in Colombia.

1.05 EUR
3.30 EUR

Smirnoff Red Label Vodka 0.7 Litre

14.55 EUR
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Tomato (1kg)

One kilogram of tomatoes costs 1.17 EUR (1.36 USD) in Colombia and 2.14 EUR (2.49 USD) in Faroe Islands. The price of this product is 45.3% lower in Colombia.

1.17 EUR
2.14 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 0.75 EUR (0.88 USD) in Colombia and 3.35 EUR (3.89 USD) in Faroe Islands. The price of this product is 77.6% lower in Colombia.

0.75 EUR
3.35 EUR

Restaurant

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Colombia vs. Faroe Islands - expenses on meals in restaurants. You would pay 4.15 times less for meals in restaurants in Colombia than in Faroe Islands.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 1.68 EUR (1.95 USD) in Colombia and 6.04 EUR (7.03 USD) in Faroe Islands. The price of this product is 72.2% lower in Colombia.

1.68 EUR
6.04 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 0.9 EUR (1.05 USD) in Colombia and 2.74 EUR (3.19 USD) in Faroe Islands. The price of this product is 67.2% lower in Colombia.

0.90 EUR
2.74 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 1.05 EUR (1.22 USD) in Colombia and 8.03 EUR (9.34 USD) in Faroe Islands. The price of this product is 86.9% lower in Colombia.

1.05 EUR
8.03 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.99 EUR (2.32 USD) in Colombia and 8.03 EUR (9.34 USD) in Faroe Islands. The price of this product is 75.2% lower in Colombia.

1.99 EUR
8.03 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 7.09 EUR (8.24 USD) in Colombia and 16.93 EUR (19.68 USD) in Faroe Islands. The price of this product is 58.1% lower in Colombia.

7.09 EUR
16.93 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 29.91 EUR (34.77 USD) in Colombia and 133.85 EUR (155.61 USD) in Faroe Islands. The price of this product is 77.7% lower in Colombia.

29.91 EUR
133.85 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 4.43 EUR (5.15 USD) in Colombia and 20.08 EUR (23.34 USD) in Faroe Islands. The price of this product is 77.9% lower in Colombia.

4.43 EUR
20.08 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 0.62 EUR (0.72 USD) in Colombia and 2.28 EUR (2.65 USD) in Faroe Islands. The price of this product is 72.8% lower in Colombia.

0.62 EUR
2.28 EUR

Fuel

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Colombia vs. Faroe Islands - expenses related to fuel.

Diesel 1L

0.59 EUR
-

Gasoline 1L

0.89 EUR
-

Transportation

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Colombia vs. Faroe Islands - costs of transportation and public communication. You would pay 8 times less for transportation in Colombia than in Faroe Islands.

Monthly Pass (Regular Price)

37.78 EUR
-

One-way Ticket (Local Transport)

0.70 EUR
-

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 5.54 EUR (6.44 USD) in Colombia and 44.94 EUR (52.25 USD) in Faroe Islands. The price of this product is 87.7% lower in Colombia.

5.54 EUR
44.94 EUR

Taxi 1km (Normal Tariff)

1.53 EUR
-

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 1.33 EUR (1.55 USD) in Colombia and 10.04 EUR (11.67 USD) in Faroe Islands. The price of this product is 86.8% lower in Colombia.

1.33 EUR
10.04 EUR

Sports & entertainment

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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 4.43 EUR (5.15 USD) in Colombia and 14.39 EUR (16.73 USD) in Faroe Islands. The price of this product is 69.2% lower in Colombia.

4.43 EUR
14.39 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 22.1 EUR (25.7 USD) in Colombia and 43.3 EUR (50.34 USD) in Faroe Islands. The price of this product is 49% lower in Colombia.

22.10 EUR
43.30 EUR

Tennis Court Rent (1 Hour on Weekend)

10.25 EUR
-

Flats for rent

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Colombia vs. Faroe Islands - costs of renting an apartment. You would pay about 2.27 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 399.4 EUR (464.31 USD) in Colombia and 864.03 EUR (1004.45 USD) in Faroe Islands. The price of this product is 53.8% lower in Colombia.

399.40 EUR
864.03 EUR

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 292.7 EUR (340.27 USD) in Colombia and 803.11 EUR (933.63 USD) in Faroe Islands. The price of this product is 63.6% lower in Colombia.

292.70 EUR
803.11 EUR

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 744.18 EUR (865.13 USD) in Colombia and 1673 EUR (1945.07 USD) in Faroe Islands. The price of this product is 55.5% lower in Colombia.

744.18 EUR
1 673 EUR

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 566.94 EUR (659.08 USD) in Colombia and 1217 EUR (1414.81 USD) in Faroe Islands. The price of this product is 53.4% lower in Colombia.

566.94 EUR
1 217 EUR

Flats for sale

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Colombia vs. Faroe Islands - costs of purchasing an apartment. You would pay 2.3 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 1643 EUR (1910.55 USD) in Colombia and 3096 EUR (3598.97 USD) in Faroe Islands. The price of this product is 46.9% lower in Colombia.

1 643 EUR
3 096 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 1172 EUR (1362.85 USD) in Colombia and 3376 EUR (3924.69 USD) in Faroe Islands. The price of this product is 65.3% lower in Colombia.

1 172 EUR
3 376 EUR

Salary

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Colombia vs. Faroe Islands - average salary. The average salary in Colombia is 5.66 times lower than in Faroe Islands.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 347.28 EUR (403.72 USD) in Colombia and 1964 EUR (2282.89 USD) in Faroe Islands. The average salary is 82.3% lower in Colombia.

347.28 EUR
1 964 EUR

Hotels

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Colombia vs. Faroe Islands - prices of accommodation in hostels, guesthouses, and hotels.

One star

25.4 EUR
-

Two stars

52.9 EUR
107 EUR

Three stars

86.7 EUR
-

Four stars

149 EUR
85.5 EUR

Five stars

475 EUR
-

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Colombia: 20 cities, 1024 hotels • Faroe Islands: 1 cities, 5 hotels

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