Last update: Oct 2026

Cost of Living Comparison Between Drangsnes and Cebu

For one person, living is cheaper in Cebu: $918 a month against $1,712 in Drangsnes, rent and utilities included – about $9,500 less a year. The total is higher in Drangsnes despite lower rent and utilities.

84

Cost of Living Index in Drangsnes
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Drangsnes Living Index
45

Cost of Living Index in Cebu
Learn more

Cebu Living Index

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Drangsnes

🇮🇸 Iceland

$1,712

/mo nomad

Cebu

🇵🇭 Philippines

$918

/mo nomad

Monthly Cost of Living

How much you'll spend in Drangsnes and in Cebu

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

Monthly costs for one person with rent: $1,712 in Drangsnes versus $918 in Cebu.

Drangsnes $1,712
Cebu $918

Estimated couple costs with rent: $2,910 in Drangsnes versus $1,409 in Cebu.

Drangsnes $2,910
Cebu $1,409

Monthly costs for a family of three with rent: $4,109 in Drangsnes versus $1,900 in Cebu.

Drangsnes $4,109
Cebu $1,900

Living in Drangsnes is roughly 87% more expensive than in Cebu, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$30.53 ISK 3,703

$3.09 ₱194

888.03%

Three-Course Dinner for Two, Mid-Range

$122 ISK 14.8K

$24.22 ₱1,525

402.15%

Fast Food Meal (McDonalds, etc)

$27.37 ISK 3,320

$3.92 ₱247

598.21%

Cappuccino

$6.65 ISK 806

$2.51 ₱158

164.94%

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

$3.40 ISK 412

$1.59 ₱100

113.84%

Water (0.33 liter bottle)

$3.02 ISK 366

$0.53 ₱33.43

469.81%

Local Beer (0.5 liter draught)

$14.04 ISK 1,703

$1.78 ₱112

688.76%

Imported Beer (0.33 liter bottle)

$12.40 ISK 1,504

$2.17 ₱137

471.43%

Milk (1 liter)

$2.10 ISK 255

$1.92 ₱121

9.38%

White Bread (500g)

$4.32 ISK 523

$1.36 ₱85.4

217.65%

Rice (white) (1kg)

$3.65 ISK 443

$1.01 ₱63.5

261.39%

Eggs

$6.97 ISK 845

$2.03 ₱128

243.35%

Local Cheese (1kg)

$21.84 ISK 2,649

$9.86 ₱621

121.50%

Chicken Fillets (1kg)

$24.20 ISK 2,935

$4.39 ₱277

451.25%

Beef Round Steak (1kg)

$41.38 ISK 5,019

$7.60 ₱479

444.47%

Apples (1kg)

$3.35 ISK 406

$3.30 ₱208

1.52%

Banana (1kg)

$2.78 ISK 337

$1.39 ₱87.8

100.00%

Oranges (1kg)

$3.27 ISK 397

$2.33 ₱147

40.34%

Tomato (1kg)

$6.43 ISK 780

$1.50 ₱94.3

328.67%

Potato (1kg)

$3.81 ISK 462

$2.36 ₱149

61.44%

Onion (1kg)

$1.63 ISK 198

$1.90 ₱119

-14.21%

Lettuce (1 head)

$3.82 ISK 463

$1.19 ₱74.9

221.01%

Water (1.5 liter bottle)

$1.81 ISK 219

$0.63 ₱39.71

187.30%

Cigarettes 20 Pack (Marlboro, Camel)

$14.12 ISK 1,713

$3.00 ₱189

370.67%

Wine (Bottle)

$23.60 ISK 2,862

$6.03 ₱379

291.38%

Local Beer (0.5 liter bottle)

$3.69 ISK 447

$1.23 ₱77.7

200.00%

Imported Beer (0.33 liter bottle)

$3.33 ISK 403

$1.75 ₱110

90.29%

One-way Ticket (Public Transport)

$0.25 ₱15.86

Public Transport Monthly Pass (Regular Price)

$12.64 ₱796

Taxi Start (Normal Tariff)

$6.66 ISK 808

$0.77 ₱48.62

764.94%

Taxi (Normal Tariff) (1km)

$2.91 ISK 353

$0.23 ₱14.53

1165.22%

Taxi 1hour Waiting (Normal Tariff)

$80.9 ISK 9,806

$4.46 ₱281

1712.78%

Gasoline (1 liter)

$2.12 ISK 257

$1.31 ₱82.8

61.83%

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

$50.3K ISK 6.1M

$21.2K ₱1.3M

136.83%

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

$53.0K ISK 6.4M

$19.1K ₱1.2M

176.61%

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

$95.5 ISK 11.6K

$120 ₱7,569

-20.60%

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

$32.50 ISK 3,942

$14.00 ₱882

132.14%

Internet (50+ Mbps, Unlimited Data)

$85.5 ISK 10.4K

$27.54 ₱1,734

210.31%

Gym Membership (Monthly)

$32.33 ₱2,035

Tennis Court (1 Hour on Weekend)

$6.65 ₱419

Cinema Ticket

$19.83 ISK 2,405

$5.65 ₱356

250.97%

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

$1,173 ISK 142.3K

$275 ₱17.3K

326.02%

International Primary School, 1 Child (Yearly)

$26.3K ISK 3.2M

$7,918 ₱498.5K

232.13%

Jeans (Levis 501 Or Similar)

$150 ISK 18.1K

$49.33 ₱3,106

203.24%

Summer Dress (H&M, Zara, etc)

$66.2 ISK 8,034

$25.24 ₱1,589

162.44%

Sport Shoes (Adidas, Nike)

$180 ISK 21.9K

$77.0 ₱4,846

134.28%

Men's Leather Business Shoes

$250 ISK 30.4K

$57.2 ₱3,601

337.92%

1-bedroom Apartment, City Center (Monthly)

$500 ₱31.5K

1-bedroom Apartment, Outside City Center (Monthly)

$309 ₱19.4K

3-bedroom Apartment, City Center (Monthly)

$1,078 ₱67.9K

3-bedroom Apartment, Outside City Center (Monthly)

$615 ₱38.7K

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)

$6,197 ISK 751.6K

$346 ₱21.8K

1691.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

7.2

22.36%

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

Last update for Drangsnes: October 10, 2026

Last update for Cebu: October 12, 2026

Monthly budget structure

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

Groceries & Markets

Drangsnes

$620 36.2%

Cebu

$206 22.4% 66.8% $414

Eating Out

Drangsnes

$527 30.8%

Cebu

$88 9.6% 83.2% $439

Clothing & Footwear

Drangsnes

$291 17%

Cebu

$94 10.2% 67.7% $197

Monthly Utilities & Internet

Drangsnes

$213 12.5%

Cebu

$162 17.6% 24.2% $52

Sport & Entertainment

Drangsnes

$40 * 2.3%

Cebu

$44 4.8% 10% $4

Getting Around

Drangsnes

$21 * 1.2%

Cebu

$16 1.7% 26.6% $5.6

Accommodation & Living

Drangsnes

- * 0%

Cebu

$309 33.6%

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

Cost Breakdown

Drangsnes pays 1691% 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: $122 in Drangsnes vs $24.00 in Cebu for a mid-range dinner for two. Groceries echo the gap at $620 vs $206 per month, with Cebu cheaper across the board.

Good to know

🇮🇸 Drangsnes

🇵🇭 Cebu

🕒 Local time

00:04 12:04 AM

08:04 8:04 AM

8 h ahead of Drangsnes

🌤 Weather

👥 Population

100

964,169

💱 Currency

Icelandic Króna ISK kr

Philippine Peso PHP ₱

📈 Exchange rate

1,000 ISK = 8.24 USD

1,000 ISK = 7.33 EUR

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

Exchange rates and currency converter

PHP, USD, EUR to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

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).

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).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Drangsnes Cebu 11,100 km ≈ 14 h nonstop flight

From you

Drangsnes
Cebu

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

Drangsnes vs Cebu: Cost of Living - Frequently Asked Questions

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

Average pay runs 1691% higher in Drangsnes, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 201% higher in Drangsnes. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,712 per month in Drangsnes versus $918 in Cebu – a 87% gap that adds up to real savings over time for anyone picking the cheaper option.

At $918 in Cebu versus $1,712 in Drangsnes, a $1,500 budget is realistic in Cebu but tight or insufficient in Drangsnes. 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 Drangsnes, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Drangsnes and Cebu 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 Drangsnes. Beyond cost, consider language, visa policies, and how big the international community is in each city.