Cost of living comparison
Cebu is 50.3% cheaper than Reykjavik.
- Restaurants
-
pay 76.9% less in Cebu
- Groceries
-
pay 20.9% less in Cebu
- Transportation
-
pay 62.9% less in Cebu
- Housing
-
pay 43.2% less in Cebu
- Childcare
-
pay 20.6% less in Cebu
- Entertainment and Sports
-
pay 68.7% less in Cebu
- Clothing
-
pay 59.2% less in Cebu
Expenses including restaurants, entertainment and sports, transportation, clothing, housing, and groceries are lower in Cebu.
If you lived in Cebu instead of Reykjavik, you would:
pay 76.9% less for restaurants
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,493
|
$4.26
₱239.05
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,246
|
$3.92
₱219.92
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK393
|
$0.71
₱39.74
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK272
|
$0.58
₱32.67
|
|
pay 20.9% less for groceries
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK450
|
$1.38
₱77.33
|
|
| Local cheese (8 oz) |
$7.76
ISK967
|
$4.60
₱258.17
|
|
| Milk (1 gallon) |
$6.40
ISK798
|
$6.91
₱387.52
|
|
|
Eggs
1 dozen
|
$5.76
ISK718
|
$2.05
₱115.03
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,178
|
$2.34
₱131.42
|
|
| Apples (1 lb) |
$1.40
ISK175
|
$1.39
₱78.07
|
|
| Bananas (1 lb) |
$1.01
ISK126
|
$0.64
₱35.93
|
|
| Oranges (1 lb) |
$1.22
ISK152
|
$1.51
₱84.44
|
|
| Tomatoes (1 lb) |
$2.22
ISK277
|
$0.95
₱53.34
|
|
| Potatoes (1 lb) |
$1.43
ISK179
|
$1.16
₱65.06
|
|
| Onions (1 lb) |
$0.93
ISK116
|
$1.82
₱101.92
|
|
pay 62.9% less for transportation
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,060
|
$4.23
₱237.40
|
|
| Monthly public transit pass |
$74.95
ISK9,343
|
$14.49
₱812.75
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,291,449
|
$28,985.51
₱1,625,507.14
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK2,998
|
$2.67
₱149.64
|
|
pay 43.2% less for housing
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,709
|
$28.98
₱1,625.35
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK245,706
|
$420.57
₱23,585.79
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK224,799
|
$235.29
₱13,195.29
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,725
|
$81.72
₱4,583.04
|
|
pay 20.6% less for childcare
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,429
|
$261.44
₱14,661.44
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK747,151
|
$3,296.39
₱184,861.60
|
|
pay 68.7% less for entertainment and sports
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,348
|
$1.36
₱76.49
|
|
| Cappuccino in mid-range area |
$5.31
ISK661
|
$2.31
₱129.55
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,526
|
$2.56
₱143.43
|
|
| Monthly membership at local gym |
$69.95
ISK8,719
|
$29.84
₱1,673.32
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,842
|
$5.46
₱305.98
|
|
pay 59.2% less for clothing
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,583
|
$43.36
₱2,431.43
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,198
|
$23.30
₱1,306.78
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,929
|
$68.20
₱3,824.72
|
|
| Men's business shoes (leather) |
$194.16
ISK24,202
|
$61.10
₱3,426.31
|
|
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