Cost of living comparison
Reykjavik is 3.2 times more expensive than Philippines.
If you lived in Reykjavik instead of Philippines, you would:
pay 4.8 times more for restaurants
Philippines
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.36
₱193.05
|
$18.40
ISK2,584
|
|
Fast food combo meal
McDonalds, or similar
|
$3.06
₱176.31
|
$15.62
ISK2,194
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.71
₱41.12
|
$2.53
ISK356
|
|
Bottle of water (11 fl. oz) |
$0.41
₱23.81
|
$2.03
ISK284
|
|
pay 2.1 times more for groceries
Philippines
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.23
₱70.55
|
$3.40
ISK478
|
|
Local cheese (8 oz) |
$3.26
₱187.28
|
$7.20
ISK1,010
|
|
Milk (1 gallon) |
$6.76
₱388.86
|
$5.90
ISK828
|
|
Eggs
1 dozen
|
$1.82
₱104.73
|
$5.64
ISK792
|
|
Boneless chicken breast (1 lb) |
$1.91
₱110.01
|
$8.08
ISK1,135
|
|
Apples (1 lb) |
$1.17
₱67.04
|
$1.57
ISK220
|
|
Bananas (1 lb) |
$0.68
₱38.96
|
$0.93
ISK131
|
|
Oranges (1 lb) |
$1.06
₱61.08
|
$1.23
ISK173
|
|
Tomatoes (1 lb) |
$0.65
₱37.46
|
$2.22
ISK311
|
|
Potatoes (1 lb) |
$0.81
₱46.41
|
$1.24
ISK175
|
|
Onions (1 lb) |
$1.02
₱58.89
|
$0.69
ISK97
|
|
pay 4.1 times more for transportation
Philippines
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
₱282.90
|
$8.90
ISK1,249
|
|
Monthly public transit pass |
$12.10
₱695.86
|
$65.56
ISK9,205
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,173.37
₱1,448,148.28
|
$37,150.35
ISK5,215,909
|
|
Taxi trip in downtown area (5 miles) |
$3.86
₱221.96
|
$29.44
ISK4,134
|
|
pay 4.0 times more for housing
Philippines
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$38.43
₱2,210.48
|
$64.04
ISK8,991
|
|
1-Bedroom apartment in downtown area |
$288.35
₱16,587.76
|
$1,613.16
ISK226,488
|
|
1-Bedroom apartment outside city center |
$172.40
₱9,917.79
|
$1,379.70
ISK193,710
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$74.91
₱4,309.47
|
$69.31
ISK9,732
|
|
pay 33.2% more for childcare
Philippines
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$170.74
₱9,822.40
|
$282.44
ISK39,654
|
|
Middle school for 1 child, two semesters |
$6,005.00
₱345,449.62
|
$6,058.18
ISK850,568
|
|
pay 3.7 times more for entertainment and sports
Philippines
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.30
₱74.80
|
$9.47
ISK1,330
|
|
Cappuccino in mid-range area |
$2.36
₱135.53
|
$4.53
ISK636
|
|
Pack of cigarettes
Marlboro or similar
|
$2.45
₱140.91
|
$11.66
ISK1,636
|
|
Monthly membership at local gym |
$37.83
₱2,176.12
|
$67.30
ISK9,450
|
|
Movie ticket to theater/cinema |
$5.08
₱291.96
|
$13.66
ISK1,918
|
|
pay 2.5 times more for clothing
Philippines
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$37.79
₱2,173.83
|
$108.17
ISK15,186
|
|
Regular dress
from H&M or similar store
|
$22.95
₱1,320.05
|
$43.41
ISK6,095
|
|
Running shoes
Nike or Adidas
|
$67.45
₱3,880.28
|
$137.74
ISK19,339
|
|
Men's business shoes (leather) |
$60.35
₱3,471.79
|
$182.49
ISK25,622
|
|
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