Iceland
Compared with Philippines, using real observed prices.
Baseline: Philippines = 1×
Overall verdict
Iceland is about 1.09×
Philippines.
Average across 2 categories, 3 items with data
The shape of prices (vs
Philippines = 1×)
How to read this
The centre line is Philippines. A bar running right means Iceland is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Philippines
Philippines = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Diesel 1L costs 1.5× what it does in Philippines — but Electricity 1kWh (household) costs only 0.9×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×1.49
Iceland ₱115.77 USD 1.878
Philippines ₱77.73 USD 1.261
-
Gasoline 1L 1 L ×1.31
Iceland ₱106.46 USD 1.727
Philippines ₱81.49 USD 1.322
-
Electricity 1kWh (household) 1 kWh ×0.86
Iceland ₱10.77 USD 0.179
Philippines ₱12.58 USD 0.209