Last update: Oct 2026

Cost of Living Comparison Between Njardvik and Cebu

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.

153

Cost of Living Index in Njardvik
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Njardvik Living Index
45

Cost of Living Index in Cebu
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Cebu Living Index

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Njardvik

🇮🇸 Iceland

$3,163

/mo nomad

Cebu

🇵🇭 Philippines

$918

/mo nomad

Monthly Cost of Living

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

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

Njardvik $3,163
Cebu $918

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

Njardvik $4,909
Cebu $1,409

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

Njardvik $6,655
Cebu $1,900

Living in Njardvik is roughly 245% more expensive than in Cebu, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$24.17 ISK 2,931

$3.09 ₱194

682.20%

Three-Course Dinner for Two, Mid-Range

$99.6 ISK 12.1K

$24.22 ₱1,525

311.19%

Fast Food Meal (McDonalds, etc)

$16.52 ISK 2,004

$3.92 ₱247

321.43%

Cappuccino

$6.53 ISK 792

$2.51 ₱158

160.16%

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

$1.66 ISK 201

$1.59 ₱100

4.40%

Water (0.33 liter bottle)

$2.44 ISK 296

$0.53 ₱33.43

360.38%

Local Beer (0.5 liter draught)

$10.48 ISK 1,271

$1.78 ₱112

488.76%

Imported Beer (0.33 liter bottle)

$12.48 ISK 1,514

$2.17 ₱137

475.12%

Milk (1 liter)

$2.08 ISK 252

$1.92 ₱121

8.33%

White Bread (500g)

$4.27 ISK 518

$1.36 ₱85.4

213.97%

Rice (white) (1kg)

$3.70 ISK 449

$1.01 ₱63.5

266.34%

Eggs

$6.97 ISK 846

$2.03 ₱128

243.35%

Local Cheese (1kg)

$22.09 ISK 2,679

$9.86 ₱621

124.04%

Chicken Fillets (1kg)

$24.52 ISK 2,974

$4.39 ₱277

458.54%

Beef Round Steak (1kg)

$42.22 ISK 5,120

$7.60 ₱479

455.53%

Apples (1kg)

$3.40 ISK 412

$3.30 ₱208

3.03%

Banana (1kg)

$2.85 ISK 346

$1.39 ₱87.8

105.04%

Oranges (1kg)

$3.31 ISK 402

$2.33 ₱147

42.06%

Tomato (1kg)

$6.37 ISK 773

$1.50 ₱94.3

324.67%

Potato (1kg)

$3.84 ISK 465

$2.36 ₱149

62.71%

Onion (1kg)

$1.72 ISK 208

$1.90 ₱119

-9.47%

Lettuce (1 head)

$3.68 ISK 446

$1.19 ₱74.9

209.24%

Water (1.5 liter bottle)

$1.83 ISK 222

$0.63 ₱39.71

190.48%

Cigarettes 20 Pack (Marlboro, Camel)

$13.68 ISK 1,659

$3.00 ₱189

356.00%

Wine (Bottle)

$24.04 ISK 2,916

$6.03 ₱379

298.67%

Local Beer (0.5 liter bottle)

$3.59 ISK 435

$1.23 ₱77.7

191.87%

Imported Beer (0.33 liter bottle)

$3.46 ISK 420

$1.75 ₱110

97.71%

One-way Ticket (Public Transport)

$0.25 ₱15.86

Public Transport Monthly Pass (Regular Price)

$12.64 ₱796

Taxi Start (Normal Tariff)

$6.78 ISK 823

$0.77 ₱48.62

780.52%

Taxi (Normal Tariff) (1km)

$2.86 ISK 346

$0.23 ₱14.53

1143.48%

Taxi 1hour Waiting (Normal Tariff)

$80.3 ISK 9,741

$4.46 ₱281

1700.67%

Gasoline (1 liter)

$2.01 ISK 244

$1.31 ₱82.8

53.44%

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

$50.8K ISK 6.2M

$21.2K ₱1.3M

139.11%

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

$52.7K ISK 6.4M

$19.1K ₱1.2M

175.12%

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

$96.5 ISK 11.7K

$120 ₱7,569

-19.74%

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

$32.65 ISK 3,960

$14.00 ₱882

133.21%

Internet (50+ Mbps, Unlimited Data)

$86.1 ISK 10.4K

$27.54 ₱1,734

212.45%

Gym Membership (Monthly)

$82.7 ISK 10.0K

$32.33 ₱2,035

155.71%

Tennis Court (1 Hour on Weekend)

$6.65 ₱419

Cinema Ticket

$19.52 ISK 2,368

$5.65 ₱356

245.49%

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

$1,187 ISK 144.0K

$275 ₱17.3K

331.16%

International Primary School, 1 Child (Yearly)

$25.7K ISK 3.1M

$7,918 ₱498.5K

224.54%

Jeans (Levis 501 Or Similar)

$124 ISK 15.0K

$49.33 ₱3,106

151.33%

Summer Dress (H&M, Zara, etc)

$65.3 ISK 7,916

$25.24 ₱1,589

158.56%

Sport Shoes (Adidas, Nike)

$183 ISK 22.2K

$77.0 ₱4,846

137.85%

Men's Leather Business Shoes

$249 ISK 30.2K

$57.2 ₱3,601

335.63%

1-bedroom Apartment, City Center (Monthly)

$500 ₱31.5K

1-bedroom Apartment, Outside City Center (Monthly)

$1,485 ISK 180.1K

$309 ₱19.4K

380.82%

3-bedroom Apartment, City Center (Monthly)

$1,078 ₱67.9K

3-bedroom Apartment, Outside City Center (Monthly)

$2,716 ISK 329.4K

$615 ₱38.7K

341.45%

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)

$4,052 ISK 491.4K

$346 ₱21.8K

1071.15%

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 Njardvik: October 12, 2026

Last update for Cebu: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Njardvik

$1.5K 47%

Cebu

$309 33.6% 79.2% $1.2K

Groceries & Markets

Njardvik

$625 19.8%

Cebu

$206 22.4% 67.1% $420

Eating Out

Njardvik

$415 13.1%

Cebu

$88 9.6% 78.7% $327

Clothing & Footwear

Njardvik

$280 8.8%

Cebu

$94 10.2% 66.4% $186

Monthly Utilities & Internet

Njardvik

$215 6.8%

Cebu

$162 17.6% 24.8% $53

Sport & Entertainment

Njardvik

$122 3.9%

Cebu

$44 4.8% 64.2% $78

Getting Around

Njardvik

$21 * 0.7%

Cebu

$16 1.7% 26.1% $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: $100 in Njardvik vs $24.00 in Cebu for a mid-range dinner for two. Groceries echo the gap at $625 vs $206 per month, with Cebu cheaper across the board.

Good to know

🇮🇸 Njardvik

🇵🇭 Cebu

🕒 Local time

04:34 4:34 AM

12:34 12:34 PM

8 h ahead of Njardvik

🌤 Weather

👥 Population

6,000

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

Njardvik Cebu 11,290 km ≈ 15 h nonstop flight

From you

Njardvik
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

Njardvik vs Cebu: Cost of Living - Frequently Asked Questions

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

Average pay runs 1071% higher in Njardvik, 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 204% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,163 per month in Njardvik versus $918 in Cebu – 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, Njardvik 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 245% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.