Last update: Oct 2026

Cost of Living Comparison Between Cebu and Njardvik

For one person, living is cheaper in Cebu: $918 a month against $3,163 in Njardvik, rent and utilities included – about $26,900 less a year. Rent and utilities account for about half of the difference.

45

Cost of Living Index in Cebu
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Cebu Living Index
153

Cost of Living Index in Njardvik
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Njardvik Living Index

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Cebu

🇵🇭 Philippines

$918

/mo nomad

Njardvik

🇮🇸 Iceland

$3,163

/mo nomad

Monthly Cost of Living

How much you'll spend in Cebu and in Njardvik

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

Monthly costs for one person with rent: $918 in Cebu versus $3,163 in Njardvik.

Cebu $918
Njardvik $3,163

Estimated couple costs with rent: $1,409 in Cebu versus $4,909 in Njardvik.

Cebu $1,409
Njardvik $4,909

Monthly costs for a family of three with rent: $1,900 in Cebu versus $6,655 in Njardvik.

Cebu $1,900
Njardvik $6,655

Living in Cebu costs roughly 71% less than in Njardvik, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Cebu is 32% below, Njardvik is 134% above.

Meal at Budget Restaurant

$3.09 ₱194

$24.17 ISK 2,931

-87.22%

Three-Course Dinner for Two, Mid-Range

$24.22 ₱1,525

$99.6 ISK 12.1K

-75.68%

Fast Food Meal (McDonalds, etc)

$3.92 ₱247

$16.52 ISK 2,004

-76.27%

Cappuccino

$2.51 ₱158

$6.53 ISK 792

-61.56%

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

$1.59 ₱100

$1.66 ISK 201

-4.22%

Water (0.33 liter bottle)

$0.53 ₱33.43

$2.44 ISK 296

-78.28%

Local Beer (0.5 liter draught)

$1.78 ₱112

$10.48 ISK 1,271

-83.02%

Imported Beer (0.33 liter bottle)

$2.17 ₱137

$12.48 ISK 1,514

-82.61%

Milk (1 liter)

$1.92 ₱121

$2.08 ISK 252

-7.69%

White Bread (500g)

$1.36 ₱85.4

$4.27 ISK 518

-68.15%

Rice (white) (1kg)

$1.01 ₱63.5

$3.70 ISK 449

-72.70%

Eggs

$2.03 ₱128

$6.97 ISK 846

-70.88%

Local Cheese (1kg)

$9.86 ₱621

$22.09 ISK 2,679

-55.36%

Chicken Fillets (1kg)

$4.39 ₱277

$24.52 ISK 2,974

-82.10%

Beef Round Steak (1kg)

$7.60 ₱479

$42.22 ISK 5,120

-82.00%

Apples (1kg)

$3.30 ₱208

$3.40 ISK 412

-2.94%

Banana (1kg)

$1.39 ₱87.8

$2.85 ISK 346

-51.23%

Oranges (1kg)

$2.33 ₱147

$3.31 ISK 402

-29.61%

Tomato (1kg)

$1.50 ₱94.3

$6.37 ISK 773

-76.45%

Potato (1kg)

$2.36 ₱149

$3.84 ISK 465

-38.54%

Onion (1kg)

$1.90 ₱119

$1.72 ISK 208

10.47%

Lettuce (1 head)

$1.19 ₱74.9

$3.68 ISK 446

-67.66%

Water (1.5 liter bottle)

$0.63 ₱39.71

$1.83 ISK 222

-65.57%

Cigarettes 20 Pack (Marlboro, Camel)

$3.00 ₱189

$13.68 ISK 1,659

-78.07%

Wine (Bottle)

$6.03 ₱379

$24.04 ISK 2,916

-74.92%

Local Beer (0.5 liter bottle)

$1.23 ₱77.7

$3.59 ISK 435

-65.74%

Imported Beer (0.33 liter bottle)

$1.75 ₱110

$3.46 ISK 420

-49.42%

One-way Ticket (Public Transport)

$0.25 ₱15.86

Public Transport Monthly Pass (Regular Price)

$12.64 ₱796

Taxi Start (Normal Tariff)

$0.77 ₱48.62

$6.78 ISK 823

-88.64%

Taxi (Normal Tariff) (1km)

$0.23 ₱14.53

$2.86 ISK 346

-91.96%

Taxi 1hour Waiting (Normal Tariff)

$4.46 ₱281

$80.3 ISK 9,741

-94.45%

Gasoline (1 liter)

$1.31 ₱82.8

$2.01 ISK 244

-34.83%

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

$21.2K ₱1.3M

$50.8K ISK 6.2M

-58.18%

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

$19.1K ₱1.2M

$52.7K ISK 6.4M

-63.65%

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

$120 ₱7,569

$96.5 ISK 11.7K

24.59%

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

$14.00 ₱882

$32.65 ISK 3,960

-57.12%

Internet (50+ Mbps, Unlimited Data)

$27.54 ₱1,734

$86.1 ISK 10.4K

-68.00%

Gym Membership (Monthly)

$32.33 ₱2,035

$82.7 ISK 10.0K

-60.89%

Tennis Court (1 Hour on Weekend)

$6.65 ₱419

Cinema Ticket

$5.65 ₱356

$19.52 ISK 2,368

-71.06%

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

$275 ₱17.3K

$1,187 ISK 144.0K

-76.81%

International Primary School, 1 Child (Yearly)

$7,918 ₱498.5K

$25.7K ISK 3.1M

-69.19%

Jeans (Levis 501 Or Similar)

$49.33 ₱3,106

$124 ISK 15.0K

-60.21%

Summer Dress (H&M, Zara, etc)

$25.24 ₱1,589

$65.3 ISK 7,916

-61.32%

Sport Shoes (Adidas, Nike)

$77.0 ₱4,846

$183 ISK 22.2K

-57.96%

Men's Leather Business Shoes

$57.2 ₱3,601

$249 ISK 30.2K

-77.04%

1-bedroom Apartment, City Center (Monthly)

$500 ₱31.5K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.4K

$1,485 ISK 180.1K

-79.20%

3-bedroom Apartment, City Center (Monthly)

$1,078 ₱67.9K

3-bedroom Apartment, Outside City Center (Monthly)

$615 ₱38.7K

$2,716 ISK 329.4K

-77.35%

Buy Apartment in City Center (m2)

$2,886 ₱181.7K

Buy Apartment Outside City Center (m2)

$1,917 ₱120.7K

Average Monthly Net Salary (After Tax)

$346 ₱21.8K

$4,052 ISK 491.4K

-91.46%

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 Njardvik: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Cebu

$309 33.6%

Njardvik

$1.5K 47% 381% $1.2K

Groceries & Markets

Cebu

$206 22.4%

Njardvik

$625 19.8% 204% $420

Monthly Utilities & Internet

Cebu

$162 17.6%

Njardvik

$215 6.8% 33% $53

Clothing & Footwear

Cebu

$94 10.2%

Njardvik

$280 8.8% 198% $186

Eating Out

Cebu

$88 9.6%

Njardvik

$415 13.1% 370% $327

Sport & Entertainment

Cebu

$44 4.8%

Njardvik

$122 3.9% 179% $78

Getting Around

Cebu

$16 1.7%

Njardvik

$21 * 0.7% 35.3% $5.5

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

Cost Breakdown

Njardvik pays 1071% 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: $24.00 in Cebu vs $100 in Njardvik for a mid-range dinner for two. Groceries echo the gap at $206 vs $625 per month, with Cebu cheaper across the board.

Good to know

🇵🇭 Cebu

🇮🇸 Njardvik

🕒 Local time

13:20 1:20 PM

05:20 5:20 AM

8 h behind Cebu

🌤 Weather

👥 Population

964,169

6,000

💱 Currency

Philippine Peso PHP ₱

Icelandic Króna ISK kr

📈 Exchange rate

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 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 19, 2026: 1 USD = 62.96 PHP (100 PHP = 1.59 USD). 1 EUR = 70.78 PHP (100 PHP = 1.41 EUR).

Icelandic Króna exchange rates as of October 19, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

USD to PHP in detail →

On the map

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Highest

Between locations

Cebu Njardvik 11,290 km ≈ 15 h nonstop flight

From you

Cebu
Njardvik

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 Njardvik: Cost of Living - Frequently Asked Questions

Cebu is cheaper overall, especially in groceries, clothing, and eating out. The 245% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 1071% lower in Njardvik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Supermarket bills run roughly 204% higher in Njardvik. 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 $3,163 in Njardvik – a 245% gap that adds up to real savings over time for anyone picking the cheaper option.

At $918 in Cebu versus $3,163 in Njardvik, a $1,500 budget is realistic in Cebu but tight or insufficient in Njardvik. 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 Njardvik, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Cebu and Njardvik 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 245% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.