Cost of living comparison
Philippines is 53.4% cheaper than Iceland overall.
- Restaurants
-
pay 79.2% less in Philippines
- Groceries
-
pay 28.1% less in Philippines
- Transportation
-
pay 64.1% less in Philippines
- Housing
-
pay 48.7% less in Philippines
- Childcare
-
pay 23.9% less in Philippines
- Entertainment and Sports
-
pay 66.5% less in Philippines
- Clothing
-
pay 63.2% less in Philippines
Expenses including restaurants, entertainment and sports, transportation, clothing, housing, and groceries are lower in Philippines.
If you lived in Philippines instead of Iceland, you would:
pay 79.2% less for restaurants
|
Iceland
|
Philippines
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,552
|
$3.60
₱206.30
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,229
|
$3.18
₱182.20
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK370
|
$0.73
₱41.87
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK266
|
$0.40
₱22.92
|
|
pay 28.1% less for groceries
|
Iceland
|
Philippines
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK389
|
$1.17
₱66.97
|
|
| Local cheese (8 oz) |
$7.27
ISK956
|
$3.38
₱193.66
|
|
| Milk (1 gallon) |
$6.01
ISK790
|
$6.61
₱379.49
|
|
|
Eggs
1 dozen
|
$5.42
ISK713
|
$1.92
₱110.24
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,119
|
$1.82
₱104.53
|
|
| Apples (1 lb) |
$1.22
ISK161
|
$1.33
₱76.46
|
|
| Bananas (1 lb) |
$1.03
ISK135
|
$0.64
₱36.68
|
|
| Oranges (1 lb) |
$1.17
ISK154
|
$1.14
₱65.55
|
|
| Tomatoes (1 lb) |
$1.87
ISK246
|
$0.67
₱38.66
|
|
| Potatoes (1 lb) |
$1.23
ISK162
|
$0.97
₱55.82
|
|
| Onions (1 lb) |
$0.78
ISK103
|
$1.21
₱69.28
|
|
pay 64.1% less for transportation
|
Iceland
|
Philippines
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,100
|
$4.22
₱242.30
|
|
| Monthly public transit pass |
$71.28
ISK9,379
|
$11.49
₱659.27
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,350,130
|
$26,375.77
₱1,513,164.51
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,900
|
$2.70
₱154.84
|
|
pay 48.7% less for housing
|
Iceland
|
Philippines
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,497
|
$29.28
₱1,679.94
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK241,849
|
$242.58
₱13,916.96
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,077
|
$157.31
₱9,024.97
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,634
|
$81.80
₱4,693.11
|
|
pay 23.9% less for childcare
|
Iceland
|
Philippines
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK33,969
|
$165.07
₱9,470.22
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$5,295.45
₱303,797.08
|
|
pay 66.5% less for entertainment and sports
|
Iceland
|
Philippines
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,209
|
$1.23
₱70.59
|
|
| Cappuccino in mid-range area |
$4.65
ISK612
|
$2.19
₱125.49
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,547
|
$2.57
₱147.17
|
|
| Monthly membership at local gym |
$61.46
ISK8,087
|
$29.66
₱1,701.38
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,888
|
$5.28
₱302.92
|
|
pay 63.2% less for clothing
|
Iceland
|
Philippines
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,636
|
$35.44
₱2,033.07
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,854
|
$22.98
₱1,318.42
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,474
|
$64.92
₱3,724.15
|
|
| Men's business shoes (leather) |
$184.49
ISK24,276
|
$60.53
₱3,472.58
|
|
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