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
₱304.51
|
$19.51
ISK2,708
|
|
Fast food combo meal
McDonalds, or similar
|
$4.34
₱253.76
|
$16.45
ISK2,283
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.95
₱55.51
|
$2.70
ISK375
|
|
Bottle of water (11 fl. oz) |
$0.48
₱28.33
|
$1.95
ISK271
|
|
pay 56.6% more for groceries
Manila
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.33
₱77.74
|
$3.16
ISK438
|
|
Local cheese (8 oz) |
$4.28
₱249.76
|
$6.72
ISK932
|
|
Milk (1 gallon) |
$6.97
₱407.19
|
$6.27
ISK870
|
|
Eggs
1 dozen
|
$2.08
₱121.28
|
$6.03
ISK837
|
|
Boneless chicken breast (1 lb) |
$2.27
₱132.87
|
$7.60
ISK1,055
|
|
Apples (1 lb) |
$1.48
₱86.44
|
$1.13
ISK156
|
|
Bananas (1 lb) |
$0.77
₱44.83
|
$1.01
ISK140
|
|
Oranges (1 lb) |
$1.53
₱89.55
|
$1.15
ISK160
|
|
Tomatoes (1 lb) |
$0.97
₱56.49
|
$1.71
ISK238
|
|
Potatoes (1 lb) |
$1.09
₱63.48
|
$1.13
ISK157
|
|
Onions (1 lb) |
$1.37
₱80.06
|
$0.68
ISK95
|
|
pay 4.7 times more for transportation
Manila
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.31
₱251.78
|
$8.42
ISK1,169
|
|
Monthly public transit pass |
$10.12
₱591.05
|
$68.29
ISK9,478
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,066.56
₱1,522,547.52
|
$39,714.69
ISK5,511,605
|
|
Taxi trip in downtown area (5 miles) |
$2.66
₱155.30
|
$23.23
ISK3,224
|
|
pay 3.0 times more for housing
Manila
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$28.90
₱1,688.29
|
$74.47
ISK10,335
|
|
1-Bedroom apartment in downtown area |
$465.25
₱27,175.12
|
$1,518.94
ISK210,798
|
|
1-Bedroom apartment outside city center |
$244.37
₱14,273.82
|
$1,325.48
ISK183,950
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$96.97
₱5,664.07
|
$66.99
ISK9,297
|
|
pay 53.6% less for childcare
Manila
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$499.25
₱29,161.01
|
$254.97
ISK35,384
|
|
Middle school for 1 child, two semesters |
$14,398.67
₱841,026.25
|
$5,993.83
ISK831,823
|
|
pay 3.3 times more for entertainment and sports
Manila
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.22
₱71.05
|
$9.37
ISK1,301
|
|
Cappuccino in mid-range area |
$2.95
₱172.32
|
$4.61
ISK640
|
|
Pack of cigarettes
Marlboro or similar
|
$2.95
₱172.56
|
$11.22
ISK1,557
|
|
Monthly membership at local gym |
$41.83
₱2,443.33
|
$60.00
ISK8,327
|
|
Movie ticket to theater/cinema |
$6.52
₱380.64
|
$13.94
ISK1,935
|
|
pay 2.5 times more for clothing
Manila
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$33.02
₱1,928.50
|
$108.23
ISK15,020
|
|
Regular dress
from H&M or similar store
|
$27.26
₱1,592.27
|
$59.73
ISK8,290
|
|
Running shoes
Nike or Adidas
|
$73.19
₱4,275.01
|
$146.94
ISK20,392
|
|
Men's business shoes (leather) |
$64.44
₱3,763.99
|
$169.24
ISK23,487
|
|
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