Philippines
Compared with South Korea, using real observed prices.
Baseline: South Korea = 1×
Overall verdict
Philippines is about 1.02×
South Korea.
Average across 5 categories, 6 items with data
The shape of prices (vs
South Korea = 1×)
How to read this
The centre line is South Korea. A bar running right means Philippines 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
South Korea
South Korea = 1×
Philippines is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Philippines, Electricity 1kWh (household) costs 1.6× what it does in South Korea — but Big Mac costs only 0.8×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×1.65
Philippines ₩315 USD 0.209
South Korea ₩191 USD 0.127
-
iPhone (base model, base storage) 1 unit ×1.06
Philippines ₩1,371,875 PHP 57,990
South Korea ₩1,290,000 KRW 1,290,000
-
PC game (Cyberpunk 2077) 1 game ×0.93
Philippines ₩61,485 PHP 2,599
South Korea ₩66,000 KRW 66,000
-
Gasoline 1L 1 L ×0.93
Philippines ₩2,060 USD 1.322
South Korea ₩2,223 USD 1.427
-
Diesel 1L 1 L ×0.89
Philippines ₩1,965 USD 1.261
South Korea ₩2,205 USD 1.415
-
Big Mac 1 burger ×0.76
Philippines ₩4,177 PHP 169
South Korea ₩5,500 KRW 5,500
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+19%
in PHP
142 → 169
142 → 169
vs
At today's rateUsing today's exchange rate
+29%
in KRW
It rose 19% in local currency, but 29% in yours. Most of what you feel is the exchange rate, not Philippines's inflation.