Cost of living comparison
Philippines is 54.6% cheaper than Reykjavik.
- Restaurants
-
pay 80.8% less in Philippines
- Groceries
-
pay 35.3% less in Philippines
- Transportation
-
pay 65.4% less in Philippines
- Housing
-
pay 46.4% less in Philippines
- Childcare
-
pay 23.1% less in Philippines
- Entertainment and Sports
-
pay 69.7% less in Philippines
- Clothing
-
pay 61.8% 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 Reykjavik, you would:
pay 80.8% less for restaurants
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,569
|
$3.60
₱205.63
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,314
|
$3.18
₱181.61
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK405
|
$0.73
₱41.73
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK281
|
$0.40
₱22.84
|
|
pay 35.3% less for groceries
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK464
|
$1.17
₱66.75
|
|
| Local cheese (8 oz) |
$7.76
ISK996
|
$3.38
₱193.03
|
|
| Milk (1 gallon) |
$6.40
ISK822
|
$6.61
₱378.26
|
|
|
Eggs
1 dozen
|
$5.76
ISK739
|
$1.92
₱109.88
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,213
|
$1.82
₱104.19
|
|
| Apples (1 lb) |
$1.40
ISK180
|
$1.33
₱76.22
|
|
| Bananas (1 lb) |
$1.01
ISK130
|
$0.64
₱36.56
|
|
| Oranges (1 lb) |
$1.22
ISK156
|
$1.14
₱65.34
|
|
| Tomatoes (1 lb) |
$2.22
ISK286
|
$0.67
₱38.53
|
|
| Potatoes (1 lb) |
$1.43
ISK184
|
$0.97
₱55.64
|
|
| Onions (1 lb) |
$0.93
ISK120
|
$1.21
₱69.06
|
|
pay 65.4% less for transportation
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,092
|
$4.22
₱241.51
|
|
| Monthly public transit pass |
$74.95
ISK9,626
|
$11.49
₱657.13
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,451,803
|
$26,375.77
₱1,508,245.59
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,089
|
$2.70
₱154.33
|
|
pay 46.4% less for housing
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,973
|
$29.28
₱1,674.48
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK253,152
|
$242.58
₱13,871.72
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK231,611
|
$157.31
₱8,995.63
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,929
|
$81.80
₱4,677.85
|
|
pay 23.1% less for childcare
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK32,382
|
$165.07
₱9,439.44
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK769,793
|
$5,295.45
₱302,809.51
|
|
pay 69.7% less for entertainment and sports
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,388
|
$1.23
₱70.36
|
|
| Cappuccino in mid-range area |
$5.31
ISK681
|
$2.19
₱125.08
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,573
|
$2.57
₱146.69
|
|
| Monthly membership at local gym |
$69.95
ISK8,983
|
$29.66
₱1,695.85
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,897
|
$5.28
₱301.93
|
|
pay 61.8% less for clothing
|
Reykjavik
|
Philippines
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,995
|
$35.44
₱2,026.46
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,386
|
$22.98
₱1,314.13
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,502
|
$64.92
₱3,712.04
|
|
| Men's business shoes (leather) |
$194.16
ISK24,935
|
$60.53
₱3,461.29
|
|
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