Cost of living comparison
compared to
Iceland vs. Philippines Cost of Living Summary
Iceland is 4.2 times more expensive than Philippines overall.
Iceland vs. Philippines Cost Breakdown
If you lived in Iceland instead of Philippines, you would:
pay 7.1 times more for restaurants
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.66
₱230.84
|
$28.88
ISK3,546
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.23
₱203.62
|
$22.83
ISK2,804
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.73
₱45.82
|
$3.25
ISK399
|
|
| Bottle of water (11 fl. oz) |
$0.40
₱25.11
|
$3.01
ISK370
|
|
Philippines vs. Iceland - Cost of restaurants
pay 2.1 times more for groceries
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.15
₱72.83
|
$3.55
ISK436
|
|
| Local cheese (8 oz) |
$3.30
₱208.43
|
$10.11
ISK1,242
|
|
| Milk (1 gallon) |
$6.50
₱410.26
|
$7.79
ISK957
|
|
|
Eggs
1 dozen
|
$1.97
₱124.35
|
$6.92
ISK850
|
|
| Boneless chicken breast (1 lb) |
$1.82
₱114.65
|
$11.01
ISK1,352
|
|
| Apples (1 lb) |
$1.27
₱80.18
|
$1.43
ISK175
|
|
| Bananas (1 lb) |
$0.64
₱40.12
|
$1.23
ISK150
|
|
| Oranges (1 lb) |
$1.14
₱72.24
|
$1.42
ISK174
|
|
| Tomatoes (1 lb) |
$0.60
₱37.90
|
$2.60
ISK320
|
|
| Potatoes (1 lb) |
$0.91
₱57.31
|
$1.71
ISK210
|
|
| Onions (1 lb) |
$1.01
₱63.80
|
$0.76
ISK93
|
|
Philippines vs. Iceland - Cost of groceries
pay 3.2 times more for transportation
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.37
₱275.62
|
$8.09
ISK993
|
|
| Monthly public transit pass |
$12.98
₱818.95
|
$80.58
ISK9,895
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,989.85
₱1M
|
$48,967.53
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$2.59
₱163.38
|
$26.24
ISK3,222
|
|
Philippines vs. Iceland - Cost of transportation
pay 6.4 times more for housing
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$25.62
₱1,616.63
|
$98.24
ISK12,063
|
|
| 1-Bedroom apartment in downtown area |
$267.48
₱16,880.68
|
$2,335.24
ISK287K
|
|
| 1-Bedroom apartment outside city center |
$170.01
₱10,729.12
|
$1,824.40
ISK224K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$85.57
₱5,400.45
|
$72.34
ISK8,882
|
|
Philippines vs. Iceland - Cost of housing
pay 4.5 times more for childcare
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$162.60
₱10,261.73
|
$833.66
ISK102K
|
|
| Middle school for 1 child, two semesters |
$7,174.58
₱453K
|
$27,752.37
ISK3M
|
|
Philippines vs. Iceland - Cost of childcare
pay 3.9 times more for entertainment and sports
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.24
₱78.14
|
$11.37
ISK1,397
|
|
| Cappuccino in mid-range area |
$2.15
₱135.76
|
$5.90
ISK724
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.72
₱171.53
|
$13.85
ISK1,701
|
|
| Monthly membership at local gym |
$30.00
₱1,893.44
|
$83.64
ISK10,271
|
|
| Movie ticket to theater/cinema |
$5.33
₱336.60
|
$17.92
ISK2,200
|
|
Philippines vs. Iceland - Cost of entertainment and sports
pay 3.1 times more for clothing
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$37.72
₱2,380.48
|
$134.47
ISK16,511
|
|
|
Regular dress
from H&M or similar store
|
$22.70
₱1,432.78
|
$63.25
ISK7,766
|
|
|
Running shoes
Nike or Adidas
|
$68.85
₱4,345.19
|
$159.03
ISK19,527
|
|
| Men's business shoes (leather) |
$57.10
₱3,603.76
|
$237.19
ISK29,124
|
|
Philippines vs. Iceland - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this
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Compare further: Philippines vs. Iceland
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Size Comparison · See true size
Philippines is about 2.9 times bigger than Iceland.
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Moving from Philippines to Iceland · OECD 2023
304 people moved from Philippines to Iceland.
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