Cost of living comparison
Iceland is 3.5 times more expensive than Philippines.
If you lived in Iceland instead of Philippines, you would:
pay 4.9 times more for restaurants
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.60
₱211.94
|
$19.40
ISK2,709
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.18
₱187.19
|
$16.94
ISK2,366
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.73
₱43.01
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$0.40
₱23.54
|
$2.02
ISK282
|
|
pay 93.9% more for groceries
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.17
₱68.80
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$3.38
₱198.96
|
$7.27
ISK1,015
|
|
| Milk (1 gallon) |
$6.61
₱389.87
|
$6.01
ISK839
|
|
|
Eggs
1 dozen
|
$1.92
₱113.25
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$1.82
₱107.39
|
$8.51
ISK1,188
|
|
| Apples (1 lb) |
$1.33
₱78.56
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$0.64
₱37.68
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.14
₱67.35
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$0.67
₱39.71
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$0.97
₱57.35
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$1.21
₱71.18
|
$0.78
ISK110
|
|
pay 4.5 times more for transportation
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.22
₱248.93
|
$8.36
ISK1,168
|
|
| Monthly public transit pass |
$11.49
₱677.31
|
$71.28
ISK9,956
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,375.77
₱1,554,561.30
|
$40,660.66
ISK5,679,481
|
|
| Taxi trip in downtown area (5 miles) |
$2.70
₱159.07
|
$22.04
ISK3,078
|
|
pay 5.1 times more for housing
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.28
₱1,725.90
|
$72.17
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$242.58
₱14,297.69
|
$1,838.04
ISK256,737
|
|
| 1-Bedroom apartment outside city center |
$157.31
₱9,271.87
|
$1,497.77
ISK209,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$81.80
₱4,821.50
|
$58.01
ISK8,103
|
|
pay 34.8% more for childcare
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$165.07
₱9,729.31
|
$258.16
ISK36,060
|
|
| Middle school for 1 child, two semesters |
$5,295.45
₱312,108.28
|
$5,993.99
ISK837,241
|
|
pay 3.8 times more for entertainment and sports
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.23
₱72.52
|
$9.19
ISK1,283
|
|
| Cappuccino in mid-range area |
$2.19
₱128.92
|
$4.65
ISK649
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.57
₱151.20
|
$11.76
ISK1,642
|
|
| Monthly membership at local gym |
$29.66
₱1,747.92
|
$61.46
ISK8,585
|
|
| Movie ticket to theater/cinema |
$5.28
₱311.21
|
$14.35
ISK2,004
|
|
pay 2.8 times more for clothing
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$35.44
₱2,088.69
|
$111.23
ISK15,537
|
|
|
Regular dress
from H&M or similar store
|
$22.98
₱1,354.49
|
$59.69
ISK8,337
|
|
|
Running shoes
Nike or Adidas
|
$64.92
₱3,826.03
|
$148.00
ISK20,673
|
|
| Men's business shoes (leather) |
$60.53
₱3,567.58
|
$184.49
ISK25,770
|
|
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