Cost of living comparison
Reykjavik is 2.9 times more expensive than Manila.
If you lived in Reykjavik instead of Manila, you would:
pay 3.9 times more for restaurants
Manila
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$5.21
₱304.51
|
$21.59
ISK2,996
|
|
Fast food combo meal
McDonalds, or similar
|
$4.34
₱253.76
|
$17.27
ISK2,397
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.95
₱55.51
|
$2.90
ISK403
|
|
Bottle of water (11 fl. oz) |
$0.48
₱28.33
|
$2.07
ISK288
|
|
pay 78.6% more for groceries
Manila
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.33
₱77.74
|
$3.68
ISK511
|
|
Local cheese (8 oz) |
$4.28
₱249.76
|
$7.66
ISK1,063
|
|
Milk (1 gallon) |
$6.97
₱407.19
|
$6.16
ISK855
|
|
Eggs
1 dozen
|
$2.08
₱121.28
|
$5.91
ISK820
|
|
Boneless chicken breast (1 lb) |
$2.27
₱132.87
|
$8.87
ISK1,231
|
|
Apples (1 lb) |
$1.48
₱86.44
|
$1.53
ISK212
|
|
Bananas (1 lb) |
$0.77
₱44.83
|
$0.97
ISK134
|
|
Oranges (1 lb) |
$1.53
₱89.55
|
$1.26
ISK175
|
|
Tomatoes (1 lb) |
$0.97
₱56.49
|
$2.23
ISK309
|
|
Potatoes (1 lb) |
$1.09
₱63.48
|
$1.42
ISK196
|
|
Onions (1 lb) |
$1.37
₱80.06
|
$1.01
ISK140
|
|
pay 4.7 times more for transportation
Manila
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.31
₱251.78
|
$8.57
ISK1,190
|
|
Monthly public transit pass |
$10.12
₱591.05
|
$66.92
ISK9,287
|
|
New Volkswagen Golf 1.4 (standard edition) |
$26,066.56
₱1,522,547.52
|
$41,660.67
ISK5,781,668
|
|
Taxi trip in downtown area (5 miles) |
$2.66
₱155.30
|
$23.30
ISK3,233
|
|
pay 3.5 times more for housing
Manila
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$28.90
₱1,688.29
|
$68.45
ISK9,499
|
|
1-Bedroom apartment in downtown area |
$465.25
₱27,175.12
|
$1,864.13
ISK258,704
|
|
1-Bedroom apartment outside city center |
$244.37
₱14,273.82
|
$1,666.20
ISK231,235
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$96.97
₱5,664.07
|
$64.43
ISK8,942
|
|
pay 55.1% less for childcare
Manila
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$499.25
₱29,161.01
|
$240.37
ISK33,358
|
|
Middle school for 1 child, two semesters |
$14,398.67
₱841,026.25
|
$5,984.07
ISK830,470
|
|
pay 3.7 times more for entertainment and sports
Manila
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.22
₱71.05
|
$10.79
ISK1,498
|
|
Cappuccino in mid-range area |
$2.95
₱172.32
|
$5.09
ISK706
|
|
Pack of cigarettes
Marlboro or similar
|
$2.95
₱172.56
|
$11.87
ISK1,648
|
|
Monthly membership at local gym |
$41.83
₱2,443.33
|
$65.50
ISK9,090
|
|
Movie ticket to theater/cinema |
$6.52
₱380.64
|
$14.39
ISK1,997
|
|
pay 2.3 times more for clothing
Manila
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$33.02
₱1,928.50
|
$103.94
ISK14,425
|
|
Regular dress
from H&M or similar store
|
$27.26
₱1,592.27
|
$43.50
ISK6,036
|
|
Running shoes
Nike or Adidas
|
$73.19
₱4,275.01
|
$141.47
ISK19,634
|
|
Men's business shoes (leather) |
$64.44
₱3,763.99
|
$174.65
ISK24,238
|
|
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