Cost of living comparison
Iceland is 3.3 times more expensive than Philippines.
If you lived in Iceland instead of Philippines, you would:
pay 4.6 times more for restaurants
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.66
₱204.40
|
$19.51
ISK2,678
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.20
₱178.70
|
$16.45
ISK2,257
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.77
₱42.96
|
$2.70
ISK371
|
|
| Bottle of water (11 fl. oz) |
$0.43
₱24.07
|
$1.95
ISK268
|
|
pay 90.1% more for groceries
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.15
₱64.44
|
$3.16
ISK433
|
|
| Local cheese (8 oz) |
$3.76
₱210.09
|
$6.72
ISK922
|
|
| Milk (1 gallon) |
$6.56
₱366.41
|
$6.27
ISK861
|
|
|
Eggs
1 dozen
|
$1.97
₱109.84
|
$6.03
ISK828
|
|
| Boneless chicken breast (1 lb) |
$1.81
₱101.16
|
$7.60
ISK1,043
|
|
| Apples (1 lb) |
$1.23
₱68.47
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.65
₱36.09
|
$1.01
ISK138
|
|
| Oranges (1 lb) |
$1.08
₱60.48
|
$1.15
ISK158
|
|
| Tomatoes (1 lb) |
$0.63
₱35.46
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.87
₱48.36
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$1.10
₱61.61
|
$0.68
ISK94
|
|
pay 4.4 times more for transportation
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.42
₱246.88
|
$8.42
ISK1,156
|
|
| Monthly public transit pass |
$12.06
₱673.86
|
$68.29
ISK9,373
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,092.26
₱1,624,948.52
|
$39,714.69
ISK5,450,444
|
|
| Taxi trip in downtown area (5 miles) |
$2.70
₱150.60
|
$23.23
ISK3,188
|
|
pay 4.4 times more for housing
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.30
₱1,636.32
|
$74.47
ISK10,221
|
|
| 1-Bedroom apartment in downtown area |
$265.23
₱14,814.55
|
$1,518.94
ISK208,459
|
|
| 1-Bedroom apartment outside city center |
$157.68
₱8,807.25
|
$1,325.48
ISK181,909
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$84.84
₱4,739.01
|
$66.99
ISK9,194
|
|
pay 39.0% more for childcare
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$168.61
₱9,417.75
|
$254.97
ISK34,992
|
|
| Middle school for 1 child, two semesters |
$4,730.41
₱264,216.81
|
$5,993.83
ISK822,593
|
|
pay 3.6 times more for entertainment and sports
|
Philippines
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.35
₱75.32
|
$9.37
ISK1,287
|
|
| Cappuccino in mid-range area |
$2.27
₱126.77
|
$4.61
ISK633
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.49
₱139.00
|
$11.22
ISK1,539
|
|
| Monthly membership at local gym |
$34.04
₱1,901.14
|
$60.00
ISK8,235
|
|
| Movie ticket to theater/cinema |
$5.09
₱284.29
|
$13.94
ISK1,913
|
|
pay 2.7 times more for clothing
|
Philippines
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$36.74
₱2,052.24
|
$108.23
ISK14,854
|
|
|
Regular dress
from H&M or similar store
|
$21.36
₱1,192.86
|
$59.73
ISK8,198
|
|
|
Running shoes
Nike or Adidas
|
$64.86
₱3,622.62
|
$146.94
ISK20,166
|
|
| Men's business shoes (leather) |
$57.49
₱3,211.15
|
$169.24
ISK23,226
|
|
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