Cost of Living in the Philippines

Of course we want to know if we can afford living in the Philippines before we move there to retire… My husband and I would like to enjoy our retirement life if not with luxury, but at least with comfort.

So I checked Numbeo , and here’s what I got:

Cost of living in Philippines is 53.45% lower than in United States (aggregate data for all cities, rent is not taken into account). Rent in Philippines is 81.11% lower than in United States (average data for all cities).

Going further, here are the information I got:

Restaurants	[ Edit ] Avg.	Range
Meal, Inexpensive Restaurant	130.00 ₱	95.00–200.00
Meal for 2 People, Mid-range Restaurant, Three-course	660.00 ₱	450.00–1,000.00
McMeal at McDonalds (or Equivalent Combo Meal)	125.00 ₱	99.00–160.00
Domestic Beer (1 pint draught)	45.00 ₱	35.00–60.00
Imported Beer (11.2 oz small bottle)	85.00 ₱	65.00–149.08
Cappuccino (regular)	98.41 ₱	50.00–145.00
Coke/Pepsi (11.2 oz small bottle)	23.71 ₱	12.00–40.00
Water (11.2 oz small bottle)	16.21 ₱	10.00–25.00
Markets	[ Edit ] Avg.
Milk (regular), (1 gallon)	287.17 ₱	246.05–340.69
Loaf of Fresh White Bread (1 lb)	45.58 ₱	31.75–63.50
Rice (white), (1 lb)	20.17 ₱	17.24–22.68
Eggs (12)	72.54 ₱	60.00–88.00
Local Cheese (1 lb)	129.43 ₱	45.36–272.16
Chicken Breasts (Boneless, Skinless), (1 lb)	69.04 ₱	51.71–95.25
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	111.99 ₱	80.29–149.69
Apples (1 lb)	48.27 ₱	27.22–79.38
Banana (1 lb)	23.72 ₱	13.61–36.29
Oranges (1 lb)	42.37 ₱	22.68–68.04
Tomato (1 lb)	22.68 ₱	13.61–36.29
Potato (1 lb)	30.49 ₱	15.88–45.36
Onion (1 lb)	28.25 ₱	18.14–45.36
Lettuce (1 head)	52.87 ₱	25.00–100.00
Water (1.5 liter bottle)	33.17 ₱	21.00–50.00
Bottle of Wine (Mid-Range)	299.00 ₱	180.00–450.00
Domestic Beer (0.5 liter bottle)	40.54 ₱	30.00–60.00
Imported Beer (11.2 oz small bottle)	79.24 ₱	50.00–120.00
Pack of Cigarettes (Marlboro)	60.00 ₱	50.00–75.00
Transportation	[ Edit ] Avg.
One-way Ticket (Local Transport)	8.00 ₱	7.50–15.00
Monthly Pass (Regular Price)	500.00 ₱	250.00–900.00
Taxi Start (Normal Tariff)	40.00 ₱	30.00–40.00
Taxi 1 mile (Normal Tariff)	25.35 ₱	16.09–64.37
Taxi 1hour Waiting (Normal Tariff)	150.00 ₱	100.00–210.00
Gasoline (1 gallon)	153.25 ₱	121.13–174.13
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	950,000.00 ₱	800,000.00–1,200,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)	978,358.97 ₱	800,000.00–1,200,000.00
Utilities (Monthly)	[ Edit ] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment	3,672.28 ₱	1,888.89–6,800.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	7.27 ₱	6.00–10.00
Internet (10 Mbps, Unlimited Data, Cable/ADSL)	2,071.67 ₱	1,000.00–3,500.00
Sports And Leisure	[ Edit ] Avg.
Fitness Club, Monthly Fee for 1 Adult	1,455.98 ₱	500.00–3,000.00
Tennis Court Rent (1 Hour on Weekend)	212.54 ₱	100.00–400.00
Cinema, International Release, 1 Seat	200.00 ₱	150.00–250.00
Childcare	[ Edit ] Avg.
Preschool (or Kindergarten), Private, Monthly for 1 Child	20,000.00 ₱	20,000.00–20,000.00
International Primary School, Yearly for 1 Child	458,085.31 ₱	458,085.31–458,085.31
Clothing And Shoes	[ Edit ] Avg.
1 Pair of Jeans (Levis 501 Or Similar)	2,082.11 ₱	1,000.00–3,500.00
1 Summer Dress in a Chain Store (Zara, H&M, …)	1,277.70 ₱	699.00–2,000.00
1 Pair of Nike Running Shoes (Mid-Range)	3,665.29 ₱	2,500.00–5,000.00
1 Pair of Men Leather Business Shoes	2,614.41 ₱	1,250.00–4,500.00
Rent Per Month	[ Edit ] Avg.
Apartment (1 bedroom) in City Centre	11,328.29 ₱	5,000.00–25,000.00
Apartment (1 bedroom) Outside of Centre	6,052.87 ₱	3,000.00–12,000.00
Apartment (3 bedrooms) in City Centre	21,327.94 ₱	9,000.00–50,000.00
Apartment (3 bedrooms) Outside of Centre	12,519.21 ₱	6,000.00–25,000.00
Buy Apartment Price	[ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre	6,267.49 ₱	2,322.56–11,148.27
Price per Square Feet to Buy Apartment Outside of Centre	3,688.23 ₱	1,672.15–7,432.18
Salaries And Financing	[ Edit ] Avg.
Average Monthly Net Salary (After Tax)	15,631.92 ₱
Mortgage Interest Rate in Percentages (%), Yearly	7.52	5.00–12.00

Prices in the Philippines

These data are based on 11168 entries in the past 18 months from 1213 different contributors.
Last update: April 2017
Our data for each country are based on all entries from all cities in that country.

I swear these data were all taken from NUMBEO! You can try it yourself! Before I forget, the exchange rate from $ to PhP (Philippine Peso) is $1 : P49.82 as per Google.

Now start computing!!!

Posted in About the Philippines, Cost of Living in the Philippines, Retirement in the Philippines

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