Last update: Oct 2026

Cost of Living Comparison Between Cebu and Kirkjubaejarklaustur

For one person, living is cheaper in Cebu: $918 a month against $1,714 in Kirkjubaejarklaustur, rent and utilities included – about $9,600 less a year. The total is higher in Kirkjubaejarklaustur despite lower rent and utilities.

45

Cost of Living Index in Cebu
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Cebu Living Index
84

Cost of Living Index in Kirkjubaejarklaustur
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Kirkjubaejarklaustur Living Index

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Cebu

🇵🇭 Philippines

$918

/mo nomad

Kirkjubaejarklaustur

🇮🇸 Iceland

$1,714

/mo nomad

Monthly Cost of Living

How much you'll spend in Cebu and in Kirkjubaejarklaustur

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cebu and in Kirkjubaejarklaustur actually costs, broken down by who's living it.

Monthly costs for one person with rent: $918 in Cebu versus $1,714 in Kirkjubaejarklaustur.

Cebu $918
Kirkjubaejarklaustur $1,714

Estimated couple costs with rent: $1,409 in Cebu versus $2,914 in Kirkjubaejarklaustur.

Cebu $1,409
Kirkjubaejarklaustur $2,914

Monthly costs for a family of three with rent: $1,900 in Cebu versus $4,114 in Kirkjubaejarklaustur.

Cebu $1,900
Kirkjubaejarklaustur $4,114

Living in Cebu costs roughly 46% less than in Kirkjubaejarklaustur, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Cebu is 32% below, Kirkjubaejarklaustur is 27% above.

Meal at Budget Restaurant

$3.09 ₱194

$31.33 ISK 3,800

-90.14%

Three-Course Dinner for Two, Mid-Range

$24.22 ₱1,524

$121 ISK 14.7K

-80.05%

Fast Food Meal (McDonalds, etc)

$3.92 ₱246

$26.98 ISK 3,273

-85.47%

Cappuccino

$2.51 ₱158

$6.75 ISK 818

-62.81%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.59 ₱100

$3.39 ISK 411

-53.10%

Water (0.33 liter bottle)

$0.53 ₱33.42

$3.02 ISK 367

-82.45%

Local Beer (0.5 liter draught)

$1.78 ₱112

$13.79 ISK 1,673

-87.09%

Imported Beer (0.33 liter bottle)

$2.17 ₱137

$12.07 ISK 1,464

-82.02%

Milk (1 liter)

$1.92 ₱121

$2.08 ISK 252

-7.69%

White Bread (500g)

$1.36 ₱85.4

$4.26 ISK 517

-68.08%

Rice (white) (1kg)

$1.01 ₱63.5

$3.54 ISK 430

-71.47%

Eggs

$2.03 ₱128

$6.98 ISK 847

-70.92%

Local Cheese (1kg)

$9.86 ₱621

$21.64 ISK 2,624

-54.44%

Chicken Fillets (1kg)

$4.39 ₱276

$23.93 ISK 2,902

-81.65%

Beef Round Steak (1kg)

$7.60 ₱478

$41.22 ISK 5,000

-81.56%

Apples (1kg)

$3.30 ₱208

$3.35 ISK 406

-1.49%

Banana (1kg)

$1.39 ₱87.7

$2.84 ISK 345

-51.06%

Oranges (1kg)

$2.33 ₱147

$3.24 ISK 393

-28.09%

Tomato (1kg)

$1.50 ₱94.2

$6.66 ISK 807

-77.48%

Potato (1kg)

$2.36 ₱149

$3.88 ISK 470

-39.18%

Onion (1kg)

$1.90 ₱119

$1.71 ISK 208

11.11%

Lettuce (1 head)

$1.19 ₱74.9

$3.64 ISK 442

-67.31%

Water (1.5 liter bottle)

$0.63 ₱39.69

$1.83 ISK 222

-65.57%

Cigarettes 20 Pack (Marlboro, Camel)

$3.00 ₱189

$13.73 ISK 1,665

-78.15%

Wine (Bottle)

$6.03 ₱379

$23.92 ISK 2,902

-74.79%

Local Beer (0.5 liter bottle)

$1.23 ₱77.6

$3.65 ISK 443

-66.30%

Imported Beer (0.33 liter bottle)

$1.75 ₱110

$3.34 ISK 405

-47.60%

One-way Ticket (Public Transport)

$0.25 ₱15.85

Public Transport Monthly Pass (Regular Price)

$12.64 ₱795

Taxi Start (Normal Tariff)

$0.77 ₱48.59

$6.75 ISK 818

-88.59%

Taxi (Normal Tariff) (1km)

$0.23 ₱14.52

$2.81 ISK 341

-91.81%

Taxi 1hour Waiting (Normal Tariff)

$4.46 ₱280

$81.7 ISK 9,907

-94.54%

Gasoline (1 liter)

$1.31 ₱82.8

$2.03 ISK 246

-35.47%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.2K ₱1.3M

$51.1K ISK 6.2M

-58.45%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$19.1K ₱1.2M

$54.3K ISK 6.6M

-64.74%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$120 ₱7,566

$94.9 ISK 11.5K

26.64%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$14.00 ₱881

$32.23 ISK 3,909

-56.56%

Internet (50+ Mbps, Unlimited Data)

$27.54 ₱1,733

$86.9 ISK 10.5K

-68.32%

Gym Membership (Monthly)

$32.33 ₱2,034

Tennis Court (1 Hour on Weekend)

$6.65 ₱418

Cinema Ticket

$5.65 ₱355

$19.89 ISK 2,412

-71.59%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$275 ₱17.3K

$1,184 ISK 143.6K

-76.74%

International Primary School, 1 Child (Yearly)

$7,918 ₱498.3K

$25.4K ISK 3.1M

-68.83%

Jeans (Levis 501 Or Similar)

$49.33 ₱3,105

$147 ISK 17.9K

-66.49%

Summer Dress (H&M, Zara, etc)

$25.24 ₱1,589

$66.1 ISK 8,016

-61.81%

Sport Shoes (Adidas, Nike)

$77.0 ₱4,844

$184 ISK 22.3K

-58.20%

Men's Leather Business Shoes

$57.2 ₱3,600

$248 ISK 30.1K

-76.94%

1-bedroom Apartment, City Center (Monthly)

$500 ₱31.4K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.4K

3-bedroom Apartment, City Center (Monthly)

$1,078 ₱67.8K

3-bedroom Apartment, Outside City Center (Monthly)

$615 ₱38.7K

Buy Apartment in City Center (m2)

$2,886 ₱181.6K

Buy Apartment Outside City Center (m2)

$1,917 ₱120.6K

Average Monthly Net Salary (After Tax)

$346 ₱21.8K

20-Year Fixed Mortgage Interest Rate (Annual %)

7.2

8.81

-18.27%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Cebu: October 12, 2026

Last update for Kirkjubaejarklaustur: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Cebu

$309 33.6%

Kirkjubaejarklaustur

- * 0% 100%

Groceries & Markets

Cebu

$206 22.4%

Kirkjubaejarklaustur

$618 36.1% 200% $412

Monthly Utilities & Internet

Cebu

$162 17.6%

Kirkjubaejarklaustur

$214 12.5% 32.3% $52

Clothing & Footwear

Cebu

$94 10.2%

Kirkjubaejarklaustur

$290 16.9% 209% $197

Eating Out

Cebu

$88 9.6%

Kirkjubaejarklaustur

$531 31% 502% $443

Sport & Entertainment

Cebu

$44 4.8%

Kirkjubaejarklaustur

$40 * 2.3% 8.8% $3.8

Getting Around

Cebu

$16 1.7%

Kirkjubaejarklaustur

$21 * 1.2% 33.6% $5.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Dining out: $24.00 in Cebu vs $121 in Kirkjubaejarklaustur for a mid-range dinner for two. Groceries echo the gap at $206 vs $618 per month, with Cebu cheaper across the board.

Good to know

🇵🇭 Cebu

🇮🇸 Kirkjubaejarklaustur

🕒 Local time

01:41 1:41 AM

17:41 5:41 PM

8 h behind Cebu

🌤 Weather

👥 Population

964,169

500

💱 Currency

Philippine Peso PHP ₱

Icelandic Króna ISK kr

📈 Exchange rate

100 PHP = 1.59 USD

100 PHP = 1.42 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.35 EUR

Exchange rates and currency converter

ISK, USD, EUR to PHP – Philippine Peso Converter

🇺🇸 United States Dollar ($)

🇵🇭 Philippine Peso (₱)

Philippine Peso exchange rates as of October 16, 2026: 1 USD = 62.93 PHP (100 PHP = 1.59 USD). 1 EUR = 70.59 PHP (100 PHP = 1.42 EUR).

Icelandic Króna exchange rates as of October 16, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to PHP in detail →

On the map

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Highest

Between locations

Cebu Kirkjubaejarklaustur 11,170 km ≈ 14 h nonstop flight

From you

Cebu
Kirkjubaejarklaustur

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cebu vs Kirkjubaejarklaustur: Cost of Living - Frequently Asked Questions

Cebu is cheaper overall, especially in groceries, clothing, and eating out. The 87% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,377 in Cebu and $2,572 in Kirkjubaejarklaustur to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 200% higher in Kirkjubaejarklaustur. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $918 per month in Cebu versus $1,714 in Kirkjubaejarklaustur – a 87% gap that adds up to real savings over time for anyone picking the cheaper option.

At $918 in Cebu versus $1,714 in Kirkjubaejarklaustur, a $1,500 budget is realistic in Cebu but tight or insufficient in Kirkjubaejarklaustur. The gap between the two cities makes Cebu the clear choice for anyone on this budget.

For families, Cebu is more practical. Housing and childcare are both notably cheaper than in Kirkjubaejarklaustur, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Cebu and Kirkjubaejarklaustur are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Cebu gentler on the wallet – expenses run 87% less than in Kirkjubaejarklaustur. Beyond cost, consider language, visa policies, and how big the international community is in each city.