Cost of living comparison
Manila is 27.9% cheaper than Reykjavik.
If you lived in Manila instead of Reykjavik, you would:
pay 73.6% less for restaurants
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,987
|
$5.21
₱293.20
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,390
|
$4.34
₱244.33
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK402
|
$0.95
₱53.44
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK287
|
$0.48
₱27.28
|
|
pay 25.5% less for groceries
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK510
|
$1.33
₱74.85
|
|
| Local cheese (8 oz) |
$7.66
ISK1,060
|
$4.28
₱240.48
|
|
| Milk (1 gallon) |
$6.16
ISK853
|
$6.97
₱392.06
|
|
|
Eggs
1 dozen
|
$5.91
ISK818
|
$2.08
₱116.77
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,228
|
$2.27
₱127.93
|
|
| Apples (1 lb) |
$1.53
ISK211
|
$1.48
₱83.23
|
|
| Bananas (1 lb) |
$0.97
ISK134
|
$0.77
₱43.16
|
|
| Oranges (1 lb) |
$1.26
ISK174
|
$1.53
₱86.22
|
|
| Tomatoes (1 lb) |
$2.23
ISK308
|
$0.97
₱54.39
|
|
| Potatoes (1 lb) |
$1.42
ISK196
|
$1.09
₱61.12
|
|
| Onions (1 lb) |
$1.01
ISK140
|
$1.37
₱77.08
|
|
pay 65.2% less for transportation
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,187
|
$4.31
₱242.42
|
|
| Monthly public transit pass |
$66.92
ISK9,261
|
$10.12
₱569.09
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,765,837
|
$26,066.56
₱1,465,983.32
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,224
|
$2.66
₱149.53
|
|
pay 41.9% less for housing
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,473
|
$28.90
₱1,625.57
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK257,996
|
$465.25
₱26,165.54
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK230,602
|
$244.37
₱13,743.53
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,918
|
$96.97
₱5,453.64
|
|
pay 2.2 times more for childcare
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK33,267
|
$499.25
₱28,077.65
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK828,196
|
$14,398.67
₱809,781.26
|
|
pay 59.3% less for entertainment and sports
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,494
|
$1.22
₱68.41
|
|
| Cappuccino in mid-range area |
$5.09
ISK704
|
$2.95
₱165.92
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,643
|
$2.95
₱166.14
|
|
| Monthly membership at local gym |
$65.50
ISK9,066
|
$41.83
₱2,352.55
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,992
|
$6.52
₱366.50
|
|
pay 54.2% less for clothing
|
Reykjavik
|
Manila
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,385
|
$33.02
₱1,856.86
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,020
|
$27.26
₱1,533.11
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,580
|
$73.19
₱4,116.19
|
|
| Men's business shoes (leather) |
$174.65
ISK24,172
|
$64.44
₱3,624.16
|
|
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