Cost of living comparison

compared to
Manila vs. Iceland Cost of Living Summary

Manila is 27.1% cheaper than Iceland overall.

Restaurants
pay 73.2% less in Manila
Groceries
pay 11.8% less in Manila
Transportation
pay 65.4% less in Manila
Housing
pay 33.9% less in Manila
Childcare
pay 2.1 times more in Manila
Entertainment and Sports
pay 56.3% less in Manila
Clothing
pay 60.6% less in Manila

Expenses including restaurants, transportation, clothing, entertainment and sports, housing, and groceries are lower in Manila. Notably, childcare is significantly more expensive in Manila.

Manila vs. Iceland Cost Breakdown

If you lived in Manila instead of Iceland, you would:

pay 73.2% less for restaurants

 
Iceland
Manila
Basic meal with drink at inexpensive restaurant $19.40
ISK2,711
$5.12
₱297.74
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,368
$4.26
₱248.11
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK393
$0.87
₱50.81

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pay 11.8% less for groceries

 
Iceland
Manila
Bread
1 loaf
$2.95
ISK413
$1.35
₱78.69
Local cheese (8 oz) $7.27
ISK1,016
$5.30
₱308.70
Milk (1 gallon) $6.01
ISK840
$6.79
₱395.40

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pay 65.4% less for transportation

 
Iceland
Manila
Gasoline (1 gallon) $8.36
ISK1,169
$4.14
₱241.05
Monthly public transit pass $71.28
ISK9,963
$9.93
₱577.90
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK5,683,547
$25,575.45
₱1,488,682.76

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pay 33.9% less for housing

 
Iceland
Manila
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK10,089
$28.80
₱1,676.66
1-Bedroom apartment in downtown area $1,838.04
ISK256,921
$468.88
₱27,292.47
1-Bedroom apartment outside city center $1,497.77
ISK209,358
$234.44
₱13,646.26

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pay 2.1 times more for childcare

 
Iceland
Manila
Private preschool for 1 child, monthly $258.16
ISK36,086
$482.52
₱28,086.48
Middle school for 1 child, two semesters $5,993.99
ISK837,840
$14,127.39
₱822,320.00

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pay 56.3% less for entertainment and sports

 
Iceland
Manila
Domestic/local beer (1 pint) $9.19
ISK1,284
$1.36
₱79.40
Cappuccino in mid-range area $4.65
ISK650
$2.70
₱156.99
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,643
$3.07
₱178.64

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pay 60.6% less for clothing

 
Iceland
Manila
Regular jeans
Levi's brand
$111.23
ISK15,548
$33.31
₱1,939.03
Regular dress
from H&M or similar store
$59.69
ISK8,343
$26.60
₱1,548.13
Running shoes
Nike or Adidas
$148.00
ISK20,687
$74.03
₱4,308.83

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025
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