Last update: Oct 2026

Cost of Living Comparison Between Hverageroi and Cebu

For one person, living is cheaper in Cebu: $915 a month against $1,716 in Hverageroi, rent and utilities included – about $9,600 less a year. The total is higher in Hverageroi despite lower rent and utilities.

83

Cost of Living Index in Hverageroi
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Hverageroi Living Index
44

Cost of Living Index in Cebu
Learn more

Cebu Living Index

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Hverageroi

🇮🇸 Iceland

$1,716

/mo nomad

Cebu

🇵🇭 Philippines

$915

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,716 in Hverageroi versus $915 in Cebu.

Hverageroi $1,716
Cebu $915

Estimated couple costs with rent: $2,924 in Hverageroi versus $1,418 in Cebu.

Hverageroi $2,924
Cebu $1,418

Monthly costs for a family of three with rent: $4,132 in Hverageroi versus $1,921 in Cebu.

Hverageroi $4,132
Cebu $1,921

Living in Hverageroi is roughly 88% more expensive than in Cebu, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Hverageroi is 27% above, Cebu is 33% below.

Meal at Budget Restaurant

$31.36 ISK 3,804

$3.05 ₱192

928.20%

Three-Course Dinner for Two, Mid-Range

$124 ISK 15.0K

$24.00 ₱1,511

415.17%

Fast Food Meal (McDonalds, etc)

$27.18 ISK 3,297

$3.99 ₱251

581.20%

Cappuccino

$6.63 ISK 805

$2.50 ₱157

165.20%

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

$3.27 ISK 397

$1.54 ₱97.1

112.34%

Water (0.33 liter bottle)

$3.07 ISK 372

$0.50 ₱31.37

514.00%

Local Beer (0.5 liter draught)

$13.88 ISK 1,684

$1.78 ₱112

679.78%

Imported Beer (0.33 liter bottle)

$12.43 ISK 1,508

$2.17 ₱136

472.81%

Milk (1 liter)

$2.00 ISK 243

$2.00 ₱126

White Bread (500g)

$4.21 ISK 511

$1.37 ₱86.2

207.30%

Rice (white) (1kg)

$3.72 ISK 451

$1.03 ₱64.9

261.17%

Eggs

$7.22 ISK 875

$2.03 ₱128

255.67%

Local Cheese (1kg)

$21.86 ISK 2,652

$10.20 ₱642

114.31%

Chicken Fillets (1kg)

$24.44 ISK 2,964

$4.45 ₱280

449.21%

Beef Round Steak (1kg)

$42.38 ISK 5,140

$7.67 ₱483

452.54%

Apples (1kg)

$3.37 ISK 408

$3.31 ₱208

1.81%

Banana (1kg)

$2.86 ISK 347

$1.46 ₱91.8

95.89%

Oranges (1kg)

$3.18 ISK 386

$2.32 ₱146

37.07%

Tomato (1kg)

$6.44 ISK 781

$1.49 ₱94.0

332.21%

Potato (1kg)

$3.90 ISK 473

$2.34 ₱147

66.67%

Onion (1kg)

$1.63 ISK 198

$1.94 ₱122

-15.98%

Lettuce (1 head)

$3.63 ISK 440

$1.16 ₱73.0

212.93%

Water (1.5 liter bottle)

$1.77 ISK 214

$0.68 ₱42.89

160.29%

Cigarettes 20 Pack (Marlboro, Camel)

$13.73 ISK 1,665

$2.99 ₱188

359.20%

Wine (Bottle)

$23.30 ISK 2,826

$6.24 ₱393

273.40%

Local Beer (0.5 liter bottle)

$3.69 ISK 448

$1.23 ₱77.3

200.00%

Imported Beer (0.33 liter bottle)

$3.38 ISK 410

$1.73 ₱109

95.38%

One-way Ticket (Public Transport)

$0.23 ₱14.36

Public Transport Monthly Pass (Regular Price)

$12.34 ₱777

Taxi Start (Normal Tariff)

$6.91 ISK 838

$0.79 ₱49.96

774.68%

Taxi (Normal Tariff) (1km)

$2.80 ISK 340

$0.22 ₱13.86

1172.73%

Taxi 1hour Waiting (Normal Tariff)

$80.1 ISK 9,720

$4.54 ₱286

1665.20%

Gasoline (1 liter)

$2.11 ISK 255

$1.32 ₱82.9

59.85%

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

$50.6K ISK 6.1M

$21.0K ₱1.3M

141.04%

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

$54.7K ISK 6.6M

$19.4K ₱1.2M

181.86%

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

$94.6 ISK 11.5K

$119 ₱7,464

-20.23%

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

$32.31 ISK 3,919

$14.22 ₱896

127.22%

Internet (50+ Mbps, Unlimited Data)

$87.3 ISK 10.6K

$27.47 ₱1,730

217.91%

Gym Membership (Monthly)

$32.31 ₱2,034

Tennis Court (1 Hour on Weekend)

$6.50 ₱409

Cinema Ticket

$19.48 ISK 2,363

$5.40 ₱340

260.74%

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

$1,167 ISK 141.5K

$276 ₱17.4K

322.78%

International Primary School, 1 Child (Yearly)

$25.4K ISK 3.1M

$7,866 ₱495.3K

223.21%

Jeans (Levis 501 Or Similar)

$147 ISK 17.9K

$49.37 ₱3,108

198.66%

Summer Dress (H&M, Zara, etc)

$67.1 ISK 8,134

$24.58 ₱1,548

172.86%

Sport Shoes (Adidas, Nike)

$179 ISK 21.7K

$76.6 ₱4,825

133.40%

Men's Leather Business Shoes

$248 ISK 30.0K

$58.9 ₱3,706

320.64%

1-bedroom Apartment, City Center (Monthly)

$503 ₱31.7K

1-bedroom Apartment, Outside City Center (Monthly)

$305 ₱19.2K

3-bedroom Apartment, City Center (Monthly)

$1,075 ₱67.7K

3-bedroom Apartment, Outside City Center (Monthly)

$632 ₱39.8K

Buy Apartment in City Center (m2)

$2,870 ₱180.7K

Buy Apartment Outside City Center (m2)

$1,877 ₱118.2K

Average Monthly Net Salary (After Tax)

$336 ₱21.1K

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 Hverageroi: October 19, 2026

Last update for Cebu: October 19, 2026

Monthly budget structure

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

Groceries & Markets

Hverageroi

$622 36.3%

Cebu

$210 22.9% 66.3% $413

Eating Out

Hverageroi

$532 31%

Cebu

$88 9.6% 83.5% $444

Clothing & Footwear

Hverageroi

$288 16.8%

Cebu

$94 10.3% 67.3% $194

Monthly Utilities & Internet

Hverageroi

$214 12.5%

Cebu

$160 17.5% 25.2% $54

Sport & Entertainment

Hverageroi

$39 * 2.3%

Cebu

$43 4.7% 10.6% $4.1

Getting Around

Hverageroi

$21 * 1.2%

Cebu

$15 1.7% 27.6% $5.8

Accommodation & Living

Hverageroi

- * 0%

Cebu

$305 33.3%

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

Cost Breakdown

Dining out: $124 in Hverageroi vs $24.00 in Cebu for a mid-range dinner for two. Groceries echo the gap at $622 vs $210 per month, with Cebu cheaper across the board.

Good to know

🇮🇸 Hverageroi

🇵🇭 Cebu

🕒 Local time

04:45 4:45 AM

12:45 12:45 PM

8 h ahead of Hverageroi

🌤 Weather

👥 Population

2,657

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 21, 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 21, 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

Hverageroi Cebu 11,250 km ≈ 15 h nonstop flight

From you

Hverageroi
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

Hverageroi vs Cebu: Cost of Living - Frequently Asked Questions

Cebu is cheaper overall, especially in groceries, eating out, and clothing. The 88% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $2,575 in Hverageroi and $1,372 in Cebu 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 197% higher in Hverageroi. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,716 per month in Hverageroi versus $915 in Cebu – a 88% gap that adds up to real savings over time for anyone picking the cheaper option.

At $915 in Cebu versus $1,716 in Hverageroi, a $1,500 budget is realistic in Cebu but tight or insufficient in Hverageroi. 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 Hverageroi, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Hverageroi 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 88% less than in Hverageroi. Beyond cost, consider language, visa policies, and how big the international community is in each city.