Published: Monday, 21th October 2024
The cost of living in Philippines is 1.96 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between Philippines and Iceland. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Philippines and Iceland.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 25,000 PHP (425 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center ![]() | 45,000 PHP (765 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center ![]() | 70,000 PHP (1,190 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center ![]() | 15,000 PHP (255 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center ![]() | 25,000 PHP (425 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center ![]() | 40,000 PHP (680 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month ![]() | 2 % | 4 % |
Realtor Commission ![]() | 5 % | 2 % |
Property Taxes ![]() | 0.5 to 2.0 % | 0.2 to 1.65 % |
The average housing cost in Philippines is 2.91 times less expensive than Iceland.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Basic Home Furnishing ![]() | 60,000 PHP (1,020 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month ![]() | 2,500 PHP (42.50 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month ![]() | 1,200 PHP (20.40 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month ![]() | 1,500 PHP (25.50 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month ![]() | 800 PHP (13.60 USD) | 5,000 ISK (35.50 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 56.10% less for Utilities.
The basic home furnishing in Philippines costs 2.09 times less compared to Iceland.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 1,500 PHP (25.50 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 1,000 PHP (17 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 500 PHP (8.50 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 1,000 PHP (17 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 63.16% less in Philippines compared to Iceland.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 60 PHP (1.02 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter) ![]() | 80 PHP (1.36 USD) | 250 ISK (1.78 USD) |
Water (1 Liter) ![]() | 20 PHP (0.34 USD) | 50 ISK (0.36 USD) |
Bread (500 gm) ![]() | 50 PHP (0.85 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen) ![]() | 120 PHP (2.04 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG) ![]() | 250 PHP (4.25 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) ![]() | 180 PHP (3.06 USD) | 1,000 ISK (7.10 USD) |
In Philippines, the cost of 1 Liter Water and 1 Liter Milk is 1.25 times less expensive than the cost in Iceland.
If you lived in Philippines, instead of Iceland, you would have to pay 50.14% less for Groceries.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Apples (1 KG) ![]() | 150 PHP (2.55 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG) ![]() | 70 PHP (1.19 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG) ![]() | 100 PHP (1.70 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG) ![]() | 60 PHP (1.02 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG) ![]() | 40 PHP (0.68 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG) ![]() | 100 PHP (1.70 USD) | 700 ISK (4.97 USD) |
Onions (1 KG) ![]() | 80 PHP (1.36 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG) ![]() | 90 PHP (1.53 USD) | 600 ISK (4.26 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 2.97 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 250 PHP (4.25 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two ![]() | 800 PHP (13.60 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal ![]() | 150 PHP (2.55 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee ![]() | 100 PHP (1.70 USD) | 500 ISK (3.55 USD) |
Soft Drink ![]() | 60 PHP (1.02 USD) | 300 ISK (2.13 USD) |
Pizza for One ![]() | 500 PHP (8.50 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal ![]() | 250 PHP (4.25 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 ![]() | 200 PHP (3.40 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 73.41% less in Philippines compared to Iceland.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 800 PHP (13.60 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine ![]() | 250 PHP (4.25 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter ![]() | 70 PHP (1.19 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter ![]() | 120 PHP (2.04 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter ![]() | 600 PHP (10.20 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter ![]() | 1,000 PHP (17 USD) | 4,000 ISK (28.40 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.71 times less for usual hard drinks.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 1,500 PHP (25.50 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket ![]() | 20 PHP (0.34 USD) | 400 ISK (2.84 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 3,000 PHP (51 USD) | 30,000 ISK (213 USD) |
Taxi Start Fare ![]() | 50 PHP (0.85 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer ![]() | 10 PHP (0.17 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day ![]() | 1,500 PHP (25.50 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour ![]() | 50 PHP (0.85 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour ![]() | 20 PHP (0.34 USD) | 300 ISK (2.13 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 3.88 times less for transportation.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 800,000 PHP (13,600 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost ![]() | 3,000 PHP (51 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees ![]() | 2,000 PHP (34 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost ![]() | 12,000 PHP (204 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost ![]() | 3,000 PHP (51 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates ![]() | 8 % | 5 % |
Fuel Per Liter ![]() | 80 PHP (1.36 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon ![]() | 300 PHP (5.10 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees ![]() | Yet to Update | 1,000 ISK 7.10 USD |
You would have to pay 2.08 times less for Vehicle purchase, daily operation and maintenance in Philippines compared to that of Iceland.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Doctor Visit ![]() | 1,000 PHP (17 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit ![]() | 2,000 PHP (34 USD) | 10,000 ISK (71 USD) |
Dentist Visit ![]() | 1,500 PHP (25.50 USD) | 8,000 ISK (56.80 USD) |
Eye Exam ![]() | 800 PHP (13.60 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling ![]() | 2,000 PHP (34 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening ![]() | 800 PHP (13.60 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy ![]() | 1,500 PHP (25.50 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit ![]() | 8,000 PHP (136 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night ![]() | 6,000 PHP (102 USD) | 25,000 ISK (177.50 USD) |
Vaccinations ![]() | 500 PHP (8.50 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication ![]() | 400 PHP (6.80 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication ![]() | 150 PHP (2.55 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums ![]() | 5,000 PHP (85 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles ![]() | 2,000 PHP (34 USD) | 5,000 ISK (35.50 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.50 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Cosmetic Procedures ![]() | 3,000 PHP (51 USD) | 30,000 ISK (213 USD) |
Spa Treatment ![]() | 2,000 PHP (34 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost ![]() | 500 PHP (8.50 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost ![]() | 1,500 PHP (25.50 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost ![]() | 1,200 PHP (20.40 USD) | 5,000 ISK (35.50 USD) |
Haircuts ![]() | 150 PHP (2.55 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring ![]() | 500 PHP (8.50 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price ![]() | 100 PHP (1.70 USD) | 500 ISK (3.55 USD) |
Toothpaste Price ![]() | 50 PHP (0.85 USD) | 200 ISK (1.42 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 3.10 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 6,000 PHP (102 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt ![]() | 1,200 PHP (20.40 USD) | 5,000 ISK (35.50 USD) |
Women's Dress ![]() | 1,500 PHP (25.50 USD) | 10,000 ISK (71 USD) |
Summer Dress ![]() | 1,200 PHP (20.40 USD) | 5,000 ISK (35.50 USD) |
Men's Suit ![]() | 8,000 PHP (136 USD) | 40,000 ISK (284 USD) |
Men's Jeans ![]() | 2,500 PHP (42.50 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans ![]() | 1,200 PHP (20.40 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes ![]() | 2,000 PHP (34 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes ![]() | 2,000 PHP (34 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes ![]() | 1,500 PHP (25.50 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes ![]() | 1,200 PHP (20.40 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men ![]() | 300 PHP (5.10 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women ![]() | 350 PHP (5.95 USD) | 1,200 ISK (8.52 USD) |
Socks For Men ![]() | 100 PHP (1.70 USD) | 300 ISK (2.13 USD) |
Socks For Women ![]() | 100 PHP (1.70 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults ![]() | 3,000 PHP (51 USD) | 8,000 ISK (56.80 USD) |
Sportswear ![]() | 1,500 PHP (25.50 USD) | 6,000 ISK (42.60 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.59 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Children's Jeans ![]() | 800 PHP (13.60 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers ![]() | 1,000 PHP (17 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat ![]() | 1,500 PHP (25.50 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant ![]() | 8,000 PHP (136 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler ![]() | 6,000 PHP (102 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days ![]() | 1,000 PHP (17 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs ![]() | 5,000 PHP (85 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities ![]() | 3,000 PHP (51 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids ![]() | 5,000 PHP (85 USD) | 8,000 ISK (56.80 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.03 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
PreSchool Fees ![]() | 10,000 PHP (170 USD) | 30,000 ISK (213 USD) |
Primary School Fees ![]() | 20,000 PHP (340 USD) | 40,000 ISK (284 USD) |
Secondary School Fees ![]() | 35,000 PHP (595 USD) | 60,000 ISK (426 USD) |
Private School Fees ![]() | 60,000 PHP (1,020 USD) | 80,000 ISK (568 USD) |
University Tuition Fees ![]() | 120,000 PHP (2,040 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees ![]() | 200,000 PHP (3,400 USD) | 200,000 ISK (1,420 USD) |
After School Activities ![]() | 2,000 PHP (34 USD) | 5,000 ISK (35.50 USD) |
Special Education Services ![]() | 6,000 PHP (102 USD) | 7,000 ISK (49.70 USD) |
Tutoring ![]() | 1,000 PHP (17 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost ![]() | 2,000 PHP (34 USD) | 4,000 ISK (28.40 USD) |
School Supplies ![]() | 1,000 PHP (17 USD) | 2,000 ISK (14.20 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.88 times more for school and education.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 250 PHP (4.25 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) ![]() | 500 PHP (8.50 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) ![]() | 800 PHP (13.60 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) ![]() | 600 PHP (10.20 USD) | 1,500 ISK (10.65 USD) |
Gym Membership ![]() | 2,000 PHP (34 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access ![]() | 1,000 PHP (17 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket ![]() | 200 PHP (3.40 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket ![]() | 300 PHP (5.10 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket ![]() | 600 PHP (10.20 USD) | 2,000 ISK (14.20 USD) |
Bowling ![]() | 250 PHP (4.25 USD) | 1,000 ISK (7.10 USD) |
Mini Golf ![]() | 150 PHP (2.55 USD) | 1,500 ISK (10.65 USD) |
Video Games ![]() | 3,000 PHP (51 USD) | 5,000 ISK (35.50 USD) |
Streaming Services ![]() | 1,000 PHP (17 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental ![]() | 300 PHP (5.10 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass ![]() | 12,000 PHP (204 USD) | 50,000 ISK (355 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.49 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Language Classes ![]() | 5,000 PHP (85 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes ![]() | 5,000 PHP (85 USD) | 5,000 ISK (35.50 USD) |
Art Classes ![]() | 600 PHP (10.20 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes ![]() | 500 PHP (8.50 USD) | 6,000 ISK (42.60 USD) |
Music Lessons ![]() | 800 PHP (13.60 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons ![]() | 800 PHP (13.60 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes ![]() | 200 PHP (3.40 USD) | 1,000 ISK (7.10 USD) |
Educational Software ![]() | 5,000 PHP (85 USD) | 3,000 ISK (21.30 USD) |
If you lived in Philippines, instead of Iceland, you would have to pay 1.38 times more for Private Classes.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 35,000 PHP (595 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary ![]() | 28,000 PHP (476 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages ![]() | 433.33 PHP per hour (7.37 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus ![]() | 5,000 PHP (85 USD) | 40,000 ISK (284 USD) |
Income Tax Rate ![]() | 0 to 12 % | 0 to 24 % |
Social Security Contributions ![]() | 12 % | 7 % |
Pension Contributions ![]() | 10 % | 8 % |
Cost of Living Index ![]() | 70 | 12 |
Median Household Income ![]() | 30,000 PHP (510 USD) | 400,000 ISK (2,840 USD) |
If you lived in Philippines, you would earn 5.29 times less salary as compared to Iceland.
![]() Indicators ![]() | ![]() Philippines ![]() | ![]() Iceland ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 3,000 PHP (51 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate ![]() | 2,000 PHP (34 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate ![]() | 1,500 PHP (25.50 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate ![]() | 1,200 PHP (20.40 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 1.41 times less in Philippines, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Philippines and Iceland.
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