Last update: Oct 2026

Cost of Living Comparison Between Cebu and Larissa

For one person, living is cheaper in Cebu: $934 a month against $1,514 in Larissa, rent and utilities included – about $7,000 less a year. Other living expenses account for most of the difference.

44

Cost of Living Index in Cebu
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Cebu Living Index
72

Cost of Living Index in Larissa
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Larissa Living Index

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Cebu

🇵🇭 Philippines

$934

/mo nomad

Larissa

🇬🇷 Greece

$1,514

/mo nomad

Monthly Cost of Living

How much you'll spend in Cebu and in Larissa

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 Larissa actually costs, broken down by who's living it.

Monthly costs for one person with rent: $934 in Cebu versus $1,514 in Larissa.

Cebu $934
Larissa $1,514

Estimated couple costs with rent: $1,415 in Cebu versus $2,254 in Larissa.

Cebu $1,415
Larissa $2,254

Monthly costs for a family of three with rent: $1,896 in Cebu versus $2,994 in Larissa.

Cebu $1,896
Larissa $2,994

Living in Cebu costs roughly 38% less than in Larissa, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Cebu is 30% below, Larissa is 13% above.

Meal at Budget Restaurant

$3.03 ₱190

$12.48 €11.14

-75.72%

Three-Course Dinner for Two, Mid-Range

$23.48 ₱1,473

$67.7 €60.4

-65.30%

Fast Food Meal (McDonalds, etc)

$4.09 ₱256

$10.24 €9.14

-60.06%

Cappuccino

$2.52 ₱158

$4.11 €3.66

-38.69%

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

$1.54 ₱96.9

$2.37 €2.12

-35.02%

Water (0.33 liter bottle)

$0.49 ₱30.98

$0.57 €0.51

-14.04%

Local Beer (0.5 liter draught)

$1.79 ₱112

$5.72 €5.10

-68.71%

Imported Beer (0.33 liter bottle)

$2.26 ₱142

$5.55 €4.95

-59.28%

Milk (1 liter)

$1.95 ₱122

$1.55 €1.38

25.81%

White Bread (500g)

$1.43 ₱89.7

$1.54 €1.38

-7.14%

Rice (white) (1kg)

$1.02 ₱63.8

$2.08 €1.86

-50.96%

Eggs

$2.06 ₱129

$4.12 €3.68

-50.00%

Local Cheese (1kg)

$9.81 ₱615

$13.93 €12.43

-29.58%

Chicken Fillets (1kg)

$4.61 ₱289

$9.95 €8.88

-53.67%

Beef Round Steak (1kg)

$7.70 ₱483

$13.79 €12.31

-44.16%

Apples (1kg)

$3.31 ₱207

$2.29 €2.04

44.54%

Banana (1kg)

$1.45 ₱90.9

$1.82 €1.62

-20.33%

Oranges (1kg)

$2.36 ₱148

$1.08 €0.96

118.52%

Tomato (1kg)

$1.54 ₱96.4

$1.89 €1.69

-18.52%

Potato (1kg)

$2.36 ₱148

$1.05 €0.93

124.76%

Onion (1kg)

$1.99 ₱125

$1.17 €1.04

70.09%

Lettuce (1 head)

$1.15 ₱72.1

$0.92 €0.82

25.00%

Water (1.5 liter bottle)

$0.67 ₱42.15

$0.47 €0.42

42.55%

Cigarettes 20 Pack (Marlboro, Camel)

$3.00 ₱188

$5.07 €4.53

-40.83%

Wine (Bottle)

$6.35 ₱398

$6.57 €5.86

-3.35%

Local Beer (0.5 liter bottle)

$1.31 ₱81.9

$1.75 €1.56

-25.14%

Imported Beer (0.33 liter bottle)

$1.73 ₱108

$2.29 €2.05

-24.45%

One-way Ticket (Public Transport)

$0.25 ₱15.78

$1.38 €1.23

-81.88%

Public Transport Monthly Pass (Regular Price)

$12.65 ₱793

$55.1 €49.20

-77.05%

Taxi Start (Normal Tariff)

$0.74 ₱46.32

$6.15 €5.49

-87.97%

Taxi (Normal Tariff) (1km)

$0.21 ₱13.11

$1.10 €0.98

-80.91%

Taxi 1hour Waiting (Normal Tariff)

$4.33 ₱271

$13.15 €11.74

-67.07%

Gasoline (1 liter)

$1.33 ₱83.5

$2.01 €1.79

-33.83%

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

$21.8K ₱1.4M

$33.4K €29.8K

-34.75%

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

$19.4K ₱1.2M

$26.6K €23.7K

-26.95%

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

$121 ₱7,563

$347 €309

-65.22%

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

$14.45 ₱907

$22.59 €20.16

-36.03%

Internet (50+ Mbps, Unlimited Data)

$28.29 ₱1,774

$29.43 €26.26

-3.87%

Gym Membership (Monthly)

$32.68 ₱2,050

$45.46 €40.57

-28.11%

Tennis Court (1 Hour on Weekend)

$6.39 ₱401

$22.03 €19.66

-70.99%

Cinema Ticket

$5.46 ₱342

$9.42 €8.41

-42.04%

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

$273 ₱17.1K

$437 €390

-37.46%

International Primary School, 1 Child (Yearly)

$8,156 ₱511.5K

$7,755 €6,920

5.18%

Jeans (Levis 501 Or Similar)

$49.57 ₱3,109

$87.6 €78.2

-43.39%

Summer Dress (H&M, Zara, etc)

$24.87 ₱1,560

$31.64 €28.23

-21.40%

Sport Shoes (Adidas, Nike)

$76.6 ₱4,804

$111 €99.3

-31.18%

Men's Leather Business Shoes

$59.3 ₱3,717

$132 €118

-55.07%

1-bedroom Apartment, City Center (Monthly)

$506 ₱31.7K

$392 €349

29.15%

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.4K

$293 €261

5.71%

3-bedroom Apartment, City Center (Monthly)

$1,052 ₱66.0K

$771 €688

36.44%

3-bedroom Apartment, Outside City Center (Monthly)

$619 ₱38.8K

$515 €459

20.27%

Buy Apartment in City Center (m2)

$2,915 ₱182.9K

$2,027 €1,809

43.86%

Buy Apartment Outside City Center (m2)

$1,867 ₱117.1K

$1,519 €1,356

22.91%

Average Monthly Net Salary (After Tax)

$341 ₱21.4K

$1,156 €1,032

-70.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.2

4.45

61.80%

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

Last update for Cebu: October 5, 2026

Last update for Larissa: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Cebu

$309 33.5%

Larissa

$293 19.7% 5.4% $17

Groceries & Markets

Cebu

$210 22.7%

Larissa

$266 17.9% 26.4% $56

Monthly Utilities & Internet

Cebu

$163 17.7%

Larissa

$399 26.8% 144% $235

Clothing & Footwear

Cebu

$95 10.2%

Larissa

$163 11% 72.3% $68

Eating Out

Cebu

$88 9.6%

Larissa

$231 15.5% 162% $143

Sport & Entertainment

Cebu

$44 4.7%

Larissa

$64 4.3% 47.5% $21

Getting Around

Cebu

$15 1.7%

Larissa

$72 4.9% 368% $57

Cost Breakdown

A one-bedroom apartment in the center runs $506 in Cebu and $392 in Larissa. Housing cost is often the main lever when comparing two cities.

Larissa pays 239% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $23.00 in Cebu vs $68.0 in Larissa for a mid-range dinner for two. Groceries echo the gap at $210 vs $266 per month, with Cebu cheaper across the board.

Good to know

🇵🇭 Cebu

🇬🇷 Larissa

🕒 Local time

16:23 4:23 PM

11:23 11:23 AM

5 h behind Cebu

🌤 Weather

👥 Population

964,169

144,651

💱 Currency

Philippine Peso PHP ₱

Euro EUR €

📈 Exchange rate

100 PHP = 1.59 USD

100 PHP = 1.42 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to PHP – Philippine Peso Converter

🇺🇸 United States Dollar ($)

🇵🇭 Philippine Peso (₱)

Philippine Peso exchange rates as of October 10, 2026: 1 USD = 62.72 PHP (100 PHP = 1.59 USD). 1 EUR = 70.35 PHP (100 PHP = 1.42 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to PHP in detail →

On the map

Lowest

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Between locations

Cebu Larissa 10,240 km ≈ 13 h nonstop flight

From you

Cebu
Larissa

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 Larissa: Cost of Living - Frequently Asked Questions

Cebu is cheaper overall, especially in groceries, clothing, and eating out. The 62% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 239% lower in Larissa. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $506 in Cebu versus $392 in Larissa. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $934 per month in Cebu versus $1,514 in Larissa – a 62% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Cebu runs roughly 336% less than in Larissa. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $934 in Cebu versus $1,514 in Larissa, a $1,500 budget is realistic in Cebu but tight or insufficient in Larissa. 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 Larissa, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Cebu and Larissa 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 62% less than in Larissa. Beyond cost, consider language, visa policies, and how big the international community is in each city.