Last update: Oct 2026

Cost of Living Comparison Between Hanko and Cebu

For one person, living is cheaper in Cebu: $915 a month against $1,845 in Hanko, rent and utilities included – about $11,200 less a year. Other living expenses account for most of the difference.

89

Cost of Living Index in Hanko
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Hanko Living Index
44

Cost of Living Index in Cebu
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Cebu Living Index

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Hanko

🇫🇮 Finland

$1,845

/mo nomad

Cebu

🇵🇭 Philippines

$915

/mo nomad

Monthly Cost of Living

How much you'll spend in Hanko 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 Hanko and in Cebu actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,845 in Hanko versus $915 in Cebu.

Hanko $1,845
Cebu $915

Estimated couple costs with rent: $2,870 in Hanko versus $1,418 in Cebu.

Hanko $2,870
Cebu $1,418

Monthly costs for a family of three with rent: $3,894 in Hanko versus $1,921 in Cebu.

Hanko $3,894
Cebu $1,921

Living in Hanko is roughly 102% more expensive than in Cebu, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Hanko is 36% above, Cebu is 33% below.

Meal at Budget Restaurant

$16.24 €14.45

$3.05 ₱192

432.46%

Three-Course Dinner for Two, Mid-Range

$88.7 €78.9

$24.00 ₱1,511

269.50%

Fast Food Meal (McDonalds, etc)

$11.59 €10.31

$3.99 ₱251

190.48%

Cappuccino

$5.32 €4.73

$2.50 ₱157

112.80%

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

$3.00 €2.67

$1.54 ₱97.1

94.81%

Water (0.33 liter bottle)

$1.92 €1.71

$0.50 ₱31.37

284.00%

Local Beer (0.5 liter draught)

$7.61 €6.77

$1.78 ₱112

327.53%

Imported Beer (0.33 liter bottle)

$8.91 €7.92

$2.17 ₱136

310.60%

Milk (1 liter)

$1.29 €1.15

$2.00 ₱126

-35.50%

White Bread (500g)

$2.67 €2.37

$1.37 ₱86.2

94.89%

Rice (white) (1kg)

$2.49 €2.22

$1.03 ₱64.9

141.75%

Eggs

$3.19 €2.84

$2.03 ₱128

57.14%

Local Cheese (1kg)

$9.05 €8.05

$10.20 ₱642

-11.27%

Chicken Fillets (1kg)

$13.99 €12.44

$4.45 ₱280

214.38%

Beef Round Steak (1kg)

$21.10 €18.77

$7.67 ₱483

175.10%

Apples (1kg)

$2.34 €2.08

$3.31 ₱208

-29.31%

Banana (1kg)

$2.12 €1.89

$1.46 ₱91.8

45.21%

Oranges (1kg)

$2.54 €2.26

$2.32 ₱146

9.48%

Tomato (1kg)

$3.90 €3.47

$1.49 ₱94.0

161.74%

Potato (1kg)

$1.26 €1.12

$2.34 ₱147

-46.15%

Onion (1kg)

$1.92 €1.71

$1.94 ₱122

-1.03%

Lettuce (1 head)

$2.81 €2.50

$1.16 ₱73.0

142.24%

Water (1.5 liter bottle)

$1.96 €1.74

$0.68 ₱42.89

188.24%

Cigarettes 20 Pack (Marlboro, Camel)

$12.95 €11.52

$2.99 ₱188

333.11%

Wine (Bottle)

$16.10 €14.32

$6.24 ₱393

158.01%

Local Beer (0.5 liter bottle)

$3.04 €2.71

$1.23 ₱77.3

147.15%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$1.73 ₱109

96.53%

One-way Ticket (Public Transport)

$3.25 €2.89

$0.23 ₱14.36

1313.04%

Public Transport Monthly Pass (Regular Price)

$64.7 €57.5

$12.34 ₱777

424.15%

Taxi Start (Normal Tariff)

$4.29 €3.82

$0.79 ₱49.96

443.04%

Taxi (Normal Tariff) (1km)

$1.31 €1.16

$0.22 ₱13.86

495.45%

Taxi 1hour Waiting (Normal Tariff)

$66.6 €59.3

$4.54 ₱286

1367.62%

Gasoline (1 liter)

$2.35 €2.09

$1.32 ₱82.9

78.03%

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

$36.4K €32.3K

$21.0K ₱1.3M

73.06%

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

$36.4K €32.3K

$19.4K ₱1.2M

87.43%

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

$130 €116

$119 ₱7,464

9.62%

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

$24.93 €22.17

$14.22 ₱896

75.32%

Internet (50+ Mbps, Unlimited Data)

$23.64 €21.02

$27.47 ₱1,730

-13.94%

Gym Membership (Monthly)

$43.34 €38.55

$32.31 ₱2,034

34.14%

Tennis Court (1 Hour on Weekend)

$22.16 €19.71

$6.50 ₱409

240.92%

Cinema Ticket

$17.97 €15.99

$5.40 ₱340

232.78%

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

$335 €298

$276 ₱17.4K

21.35%

International Primary School, 1 Child (Yearly)

$12.4K €11.1K

$7,866 ₱495.3K

58.23%

Jeans (Levis 501 Or Similar)

$96.8 €86.1

$49.37 ₱3,108

96.03%

Summer Dress (H&M, Zara, etc)

$48.95 €43.54

$24.58 ₱1,548

99.15%

Sport Shoes (Adidas, Nike)

$102 €91.0

$76.6 ₱4,825

33.51%

Men's Leather Business Shoes

$151 €134

$58.9 ₱3,706

156.07%

1-bedroom Apartment, City Center (Monthly)

$785 €698

$503 ₱31.7K

55.93%

1-bedroom Apartment, Outside City Center (Monthly)

$642 €571

$305 ₱19.2K

110.82%

3-bedroom Apartment, City Center (Monthly)

$1,225 €1,090

$1,075 ₱67.7K

13.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,032 €918

$632 ₱39.8K

63.23%

Buy Apartment in City Center (m2)

$4,038 €3,592

$2,870 ₱180.7K

40.73%

Buy Apartment Outside City Center (m2)

$2,106 €1,874

$1,877 ₱118.2K

12.21%

Average Monthly Net Salary (After Tax)

$4,380 €3,896

$336 ₱21.1K

1203.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.51

7.2

-51.25%

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

Last update for Hanko: October 19, 2026

Last update for Cebu: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Hanko

$642 34.8%

Cebu

$305 33.3% 52.6% $337

Groceries & Markets

Hanko

$373 20.2%

Cebu

$210 22.9% 43.9% $164

Eating Out

Hanko

$304 16.5%

Cebu

$88 9.6% 71.1% $216

Clothing & Footwear

Hanko

$179 9.7%

Cebu

$94 10.3% 47.5% $85

Monthly Utilities & Internet

Hanko

$179 9.7%

Cebu

$160 17.5% 10.2% $18

Getting Around

Hanko

$89 4.8%

Cebu

$15 1.7% 82.9% $73

Sport & Entertainment

Hanko

$79 4.3%

Cebu

$43 4.7% 45.6% $36

Cost Breakdown

A one-bedroom apartment in the center runs $785 in Hanko and $503 in Cebu. Housing cost is often the main lever when comparing two cities.

Hanko pays 1204% 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: $89.0 in Hanko vs $24.00 in Cebu for a mid-range dinner for two. Groceries echo the gap at $373 vs $210 per month, with Cebu cheaper across the board.

Good to know

🇫🇮 Hanko

🇵🇭 Cebu

🕒 Local time

00:46 12:46 AM

05:46 5:46 AM

5 h ahead of Hanko

🌤 Weather

👥 Population

8,000

964,169

💱 Currency

Euro EUR €

Philippine Peso PHP ₱

📈 Exchange rate

1 EUR = 1.12 USD

100 PHP = 1.59 USD

100 PHP = 1.41 EUR

Exchange rates and currency converter

PHP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Philippine Peso exchange rates as of October 20, 2026: 1 USD = 62.96 PHP (100 PHP = 1.59 USD). 1 EUR = 70.78 PHP (100 PHP = 1.41 EUR).

USD to EUR in detail →

On the map

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Between locations

Hanko Cebu 9,620 km ≈ 13 h nonstop flight

From you

Hanko
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

Hanko vs Cebu: Cost of Living - Frequently Asked Questions

Cebu is cheaper overall, especially in groceries, eating out, and clothing. The 102% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 1204% higher in Hanko, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $785 in Hanko versus $503 in Cebu. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,845 per month in Hanko versus $915 in Cebu – a 102% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Cebu runs roughly 424% less than in Hanko. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $915 in Cebu versus $1,845 in Hanko, a $1,500 budget is realistic in Cebu but tight or insufficient in Hanko. 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 Hanko, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Hanko 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 102% less than in Hanko. Beyond cost, consider language, visa policies, and how big the international community is in each city.