Cost of living and expenses in Philippines

What are the costs of living, how much do you have to spend on fees and expenses in Philippines? What is the cost of a mortgage, what are the average earnings in Philippines, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Philippines (The last update: 3 days ago)

Currency in Philippines Philippine piso (PHP). For 10 US dollars you can get 584 Philippine pisos. For 100 US dollars you can get 5.84 thousand Philippine pisos. And the other way around: For 100 Philippine pisos you can get 1.71 US dollars.


See also how prices have changed in previous years: Price changes in previous years in Philippines


What are the different prices in the cities in Philippines? Look here: Prices in cities in Philippines

Prices: Davao City   General Santos   Manila   Quezon City   Dasmariñas   Iloilo   San Fernando   Antipolo   San Juan   San Jose del Monte  


Price fees $100 ($61 - $171)

fees

$100 ($61 - $171)
by half less than in United States

Price internet $30 ($26 - $44)

internet

$30 ($26 - $44)
by half less than in United States

Price jeans $39 ($12 - $68)

jeans

$39 ($12 - $68)
26% is less expensive than in United States

Price average earnings $368

average earnings

$368
92% is less expensive than in United States

Price renting a small apartment in the center $303 ($137 - $684)

renting a small apartment in the center

$303 ($137 - $684)
83% is less expensive than in United States

Price renting a large apartment outside the center $350 ($171 - $856)

renting a large apartment outside the center

$350 ($171 - $856)
86% is less expensive than in United States

The cost of living in Philippines:

  1. One-way Ticket (Local Transport) $0.26 (PHP 15)
  2. Monthly Pass (Regular Price) $10.3 (PHP 600)
  3. Gasoline (1 liter) $1.2 (PHP 67)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $22.2K (PHP 1.3M)
  5. Apartment (1 bedroom) in city centre $303 (PHP 17.7K)
  6. Apartment (1 bedroom) outside of centre $167 (PHP 9.77K)
  7. Apartment (3 bedrooms) in city centre $652 (PHP 38.1K)
  8. Apartment (3 bedrooms) outside of centre $350 (PHP 20.5K)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $100 (PHP 5.87K)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $30 (PHP 1.73K)
  11. numb_34 $36 (PHP 2.12K)
  12. 1 pair of jeans (Levis 501 or similar) $39 (PHP 2.27K)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $23 (PHP 1.35K)
  14. 1 pair of Nike running shoes or similar $67 (PHP 3.93K)
  15. 1 pair of men's leather shoes $61 (PHP 3.59K)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $19.8K (PHP 1.16M)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $144 (PHP 8.39K)
  18. Price per square meter for an apartment in the city center $2.55K (PHP 149K)
  19. International Primary School, Annually for 1 Child $5.11K (PHP 299K)
  20. Price per square meter for an apartment outside of city centre $1.34K (PHP 78.2K)
  21. Average Monthly Net Salary (After Tax) $368 (PHP 21.5K)
  22. Mortgage annual interest rate in percentages (%) 7.2%
  23. Taxi starting fare (normal tariff) $0.68 (PHP 40)
  24. Taxi 1km (Normal Tariff) $0.24 (PHP 14)
  25. Taxi 1 hour waiting (normal tariff) $2.6 (PHP 150)
source: hikersbay.com & numbeo.com

Price changes in previous years in Philippines

Price changes in One Square Meter Of An Apartment In The Center over the years: 2010: $281(PHP 16.4K), 2011: $489(PHP 28.6K), 2012: $1.28K(PHP 74.8K), 2013: $1.3K(PHP 76K), 2014: $1.36K(PHP 79.3K), 2015: $1.28K(PHP 74.7K), 2016: $997(PHP 58.3K), 2017: $1.81K(PHP 106K), and 2018: $1.68K(PHP 98.5K)

Philippines price changes: Price per square meter for an apartment in the city center 2010-2018
Philippines price changes Price per square meter for an apartment in the city center hikersbay.com

Have earnings increased in Philippines?
See the average salary in previous years in 2010: $294(PHP 17.2K), 2011: $215(PHP 12.6K), 2012: $227(PHP 13.3K), 2013: $254(PHP 14.8K), 2014: $311(PHP 18.2K), 2015: $256(PHP 15K), 2016: $295(PHP 17.2K), 2017: $334(PHP 19.5K), and 2018: $271(PHP 15.8K)

Philippines price changes: Average Monthly Net Salary (After Tax) 2010-2018
Philippines price changes Average Monthly Net Salary (After Tax) hikersbay.com

Price changes in Fees over the years: 2010: $76(PHP 4.43K), 2011: $57(PHP 3.32K), 2012: $70(PHP 4.09K), 2013: $56(PHP 3.3K), 2014: $72(PHP 4.19K), 2015: $58(PHP 3.39K), 2016: $66(PHP 3.85K), 2017: $75(PHP 4.37K), and 2018: $76(PHP 4.45K)

Philippines price changes: Utilities (electricity, heating, water, garbage) for an 85m2 apartment 2010-2018
Philippines price changes Utilities (electricity, heating, water, garbage) for an 85m2 apartment hikersbay.com

Price changes in Internet over the years: 2010: $26(PHP 1.53K), 2011: $19.3(PHP 1.13K), 2012: $29(PHP 1.69K), 2013: $32(PHP 1.88K), 2014: $35(PHP 2.02K), 2015: $36(PHP 2.12K), 2016: $37(PHP 2.15K), 2017: $37(PHP 2.16K), and 2018: $38(PHP 2.25K)

Philippines price changes: Internet (60 Mbps or more, unlimited data, cable/ADSL) 2010-2018
Philippines price changes Internet (60 Mbps or more, unlimited data, cable/ADSL) hikersbay.com

Have prices changed in clothing stores in Philippines in recent years?
For example, this is how the prices of jeans have changed in 2010: $44(PHP 2.6K), 2011: $43(PHP 2.53K), 2012: $42(PHP 2.44K), 2013: $42(PHP 2.43K), 2014: $37(PHP 2.16K), 2015: $32(PHP 1.84K), 2016: $39(PHP 2.29K), 2017: $34(PHP 2K), and 2018: $35(PHP 2.05K)

Philippines price changes: 1 pair of jeans (Levis 501 or similar) 2010-2018
Philippines price changes 1 pair of jeans (Levis 501 or similar) hikersbay.com

Do you want to learn more about different prices? See the following comparison:

wine

$6.5 ($3.8 - $12)
by half less than in United States

rice

$0.89 ($0.72 - $1.2)
80% is less expensive than in United States

average earnings

$368
92% is less expensive than in United States

jeans

$39 ($12 - $68)
26% is less expensive than in United States

Burger King or a similar bar

$3.4 ($2.6 - $4.3)
68% is less expensive than in United States

bananas

$1.4 ($0.77 - $2.6)
15% is less expensive than in United States