Cost of living comparison
Iceland is 2.7 times more expensive than Manila.
If you lived in Iceland instead of Manila, you would:
pay 3.6 times more for restaurants
|
Manila
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.21
₱291.19
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.34
₱242.66
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.95
₱53.08
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$0.48
₱27.09
|
$1.95
ISK268
|
|
pay 56.6% more for groceries
|
Manila
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.33
₱74.34
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$4.28
₱238.83
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$6.97
₱389.38
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$2.08
₱115.97
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$2.27
₱127.06
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$1.48
₱82.66
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.77
₱42.87
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$1.53
₱85.63
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.97
₱54.02
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$1.09
₱60.71
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$1.37
₱76.56
|
$0.68
ISK94
|
|
pay 4.7 times more for transportation
|
Manila
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.31
₱240.76
|
$8.42
ISK1,156
|
|
| Monthly public transit pass |
$10.12
₱565.19
|
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,066.56
₱1,455,947.72
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) |
$2.66
₱148.51
|
$23.23
ISK3,188
|
|
pay 3.0 times more for housing
|
Manila
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$28.90
₱1,614.44
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area |
$465.25
₱25,986.42
|
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$244.37
₱13,649.45
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$96.97
₱5,416.31
|
$66.99
ISK9,194
|
|
pay 53.6% less for childcare
|
Manila
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$499.25
₱27,885.44
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$14,398.67
₱804,237.79
|
$5,993.83
ISK822,593
|
|
pay 3.3 times more for entertainment and sports
|
Manila
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.22
₱67.94
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$2.95
₱164.79
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.95
₱165.01
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$41.83
₱2,336.45
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$6.52
₱363.99
|
$13.94
ISK1,913
|
|
pay 2.5 times more for clothing
|
Manila
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$33.02
₱1,844.15
|
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
$27.26
₱1,522.62
|
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
$73.19
₱4,088.02
|
$146.94
ISK20,166
|
|
| Men's business shoes (leather) |
$64.44
₱3,599.35
|
$169.24
ISK23,226
|
|
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