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
ISK2,423
|
$4.26
₱241.13
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,183
|
$3.92
₱221.84
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK382
|
$0.71
₱40.08
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK265
|
$0.58
₱32.95
|
|
pay 20.9% less for groceries
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK437
|
$1.38
₱78.01
|
|
| Local cheese (8 oz) |
$7.76
ISK940
|
$4.60
₱260.42
|
|
| Milk (1 gallon) |
$6.40
ISK776
|
$6.91
₱390.89
|
|
|
Eggs
1 dozen
|
$5.76
ISK697
|
$2.05
₱116.03
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,145
|
$2.34
₱132.56
|
|
| Apples (1 lb) |
$1.40
ISK170
|
$1.39
₱78.75
|
|
| Bananas (1 lb) |
$1.01
ISK122
|
$0.64
₱36.24
|
|
| Oranges (1 lb) |
$1.22
ISK148
|
$1.51
₱85.17
|
|
| Tomatoes (1 lb) |
$2.22
ISK270
|
$0.95
₱53.81
|
|
| Potatoes (1 lb) |
$1.43
ISK174
|
$1.16
₱65.62
|
|
| Onions (1 lb) |
$0.93
ISK113
|
$1.82
₱102.81
|
|
pay 62.9% less for transportation
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,030
|
$4.23
₱239.46
|
|
| Monthly public transit pass |
$74.95
ISK9,082
|
$14.49
₱819.83
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,143,297
|
$28,985.51
₱1,639,652.18
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK2,914
|
$2.67
₱150.94
|
|
pay 43.2% less for housing
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,465
|
$28.98
₱1,639.49
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK238,827
|
$420.57
₱23,791.03
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK218,505
|
$235.29
₱13,310.12
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,537
|
$81.72
₱4,622.92
|
|
pay 20.6% less for childcare
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK30,549
|
$261.44
₱14,789.02
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK726,232
|
$3,296.39
₱186,470.25
|
|
pay 68.7% less for entertainment and sports
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,310
|
$1.36
₱77.16
|
|
| Cappuccino in mid-range area |
$5.31
ISK643
|
$2.31
₱130.68
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,484
|
$2.56
₱144.68
|
|
| Monthly membership at local gym |
$69.95
ISK8,475
|
$29.84
₱1,687.88
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,790
|
$5.46
₱308.64
|
|
pay 59.2% less for clothing
|
Reykjavik
|
Cebu
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,203
|
$43.36
₱2,452.59
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,024
|
$23.30
₱1,318.15
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,399
|
$68.20
₱3,858.01
|
|
| Men's business shoes (leather) |
$194.16
ISK23,524
|
$61.10
₱3,456.13
|
|
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