GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Philippines

The average cost of living in the Philippines is estimated to be relatively low compared to other countries, with housing, transportation, and food expenses being the major cost components.

With sources from: expatistan.com, numbeo.com, internations.org, tradingeconomics.com and many more

Statistic 1

The average monthly salary in the Philippines is approximately PHP 20,000.

Statistic 2

Public transportation costs in the Philippines average about PHP 500 to PHP 1,500 per month.

Statistic 3

Basic utilities (electricity, heating, cooling, water, garbage) cost around PHP 3,500 to PHP 5,000 per month.

Statistic 4

The average cost of bottled water (1.5-liter) is approximately PHP 35.

Statistic 5

The cost of groceries for a single person is around PHP 5,000 to PHP 10,000 per month.

Statistic 6

Internet costs in the Philippines average about PHP 1,500 per month for a 60 Mbps or more broadband package.

Statistic 7

The average cost of a fitness club membership is about PHP 2,000 per month.

Statistic 8

The cost of childcare or preschool fees per month is around PHP 10,000 to PHP 20,000.

Statistic 9

The average rent for a one-bedroom apartment in the city center is approximately PHP 15,000 to PHP 30,000.

Statistic 10

The cost of a pair of jeans is around PHP 2,500.

Statistic 11

The average cost of dining out at a mid-range restaurant is about PHP 400 to PHP 600 per person.

Statistic 12

Monthly public transportation pass costs approximately PHP 500 to PHP 800.

Statistic 13

The cost for a mid-range three-course meal for two people is around PHP 1,000.

Statistic 14

The cost for a standard men's haircut is around PHP 250 to PHP 500.

Statistic 15

Monthly rent for a three-bedroom apartment outside the city center averages around PHP 25,000 to PHP 50,000.

Statistic 16

The average monthly cost of living for a single person in the Philippines is around PHP 20,000 to PHP 30,000.

Statistic 17

The cost of a liter of gasoline is approximately PHP 50.

Statistic 18

The cost of health insurance for an individual ranges from PHP 1,500 to PHP 3,000 per month.

Statistic 19

A meal at an inexpensive restaurant costs approximately PHP 150 per person.

Statistic 20

The cost of attending an international school in the Philippines can be around PHP 50,000 to PHP 100,000 per month.

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In this post, we will explore the average cost of living in the Philippines based on various statistics. From monthly salaries and utility expenses to grocery and transportation costs, we will break down the key financial aspects of living in the country to give you a comprehensive overview of what to expect in terms of expenditures.

Statistic 1

"The average monthly salary in the Philippines is approximately PHP 20,000."

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Statistic 2

"Public transportation costs in the Philippines average about PHP 500 to PHP 1,500 per month."

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Statistic 3

"Basic utilities (electricity, heating, cooling, water, garbage) cost around PHP 3,500 to PHP 5,000 per month."

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Statistic 4

"The average cost of bottled water (1.5-liter) is approximately PHP 35."

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Statistic 5

"The cost of groceries for a single person is around PHP 5,000 to PHP 10,000 per month."

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Statistic 6

"Internet costs in the Philippines average about PHP 1,500 per month for a 60 Mbps or more broadband package."

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Statistic 7

"The average cost of a fitness club membership is about PHP 2,000 per month."

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Statistic 8

"The cost of childcare or preschool fees per month is around PHP 10,000 to PHP 20,000."

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Statistic 9

"The average rent for a one-bedroom apartment in the city center is approximately PHP 15,000 to PHP 30,000."

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Statistic 10

"The cost of a pair of jeans is around PHP 2,500."

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Statistic 11

"The average cost of dining out at a mid-range restaurant is about PHP 400 to PHP 600 per person."

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Statistic 12

"Monthly public transportation pass costs approximately PHP 500 to PHP 800."

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Statistic 13

"The cost for a mid-range three-course meal for two people is around PHP 1,000."

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Statistic 14

"The cost for a standard men's haircut is around PHP 250 to PHP 500."

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Statistic 15

"Monthly rent for a three-bedroom apartment outside the city center averages around PHP 25,000 to PHP 50,000."

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Statistic 16

"The average monthly cost of living for a single person in the Philippines is around PHP 20,000 to PHP 30,000."

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Statistic 17

"The cost of a liter of gasoline is approximately PHP 50."

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Statistic 18

"The cost of health insurance for an individual ranges from PHP 1,500 to PHP 3,000 per month."

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Statistic 19

"A meal at an inexpensive restaurant costs approximately PHP 150 per person."

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Statistic 20

"The cost of attending an international school in the Philippines can be around PHP 50,000 to PHP 100,000 per month."

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Interpretation

In conclusion, the average cost of living in the Philippines varies depending on factors such as location, lifestyle choices, and individual needs. With an average monthly salary of PHP 20,000, residents need to carefully budget for expenses like utilities, transportation, groceries, rent, healthcare, and leisure activities. Understanding the average costs associated with daily necessities like public transportation, utilities, groceries, and entertainment can help individuals plan their budgets effectively and make informed financial decisions. It's essential for expats and locals alike to consider these statistics when evaluating their cost of living in the Philippines and ensuring financial stability.

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