How much does it cost to live in the Philippines? Detailed Cost of Living in the Philippines 2024.

Published 2024-06-02
This video details all of our major living expenses living here in Cebu City Philippines. It covers our common monthly expenses such as rent, groceries, and entertainment. The cost of living in Cebu, Philippines, for a foreigner can vary widely depending on lifestyle choices, housing preferences, and personal spending habits. Generally, Cebu is considered more affordable compared to many Western countries, but the cost can still vary significantly based on location within the city and individual preferences.
*Housing:*
- *Rent:* Rental prices in Cebu can range widely. A basic studio or one-bedroom apartment in a decent neighborhood might cost around PHP 10,000 to PHP 20,000 per month ($200 to $400 USD). For a more luxurious or larger accommodation, prices can go higher.
- *Utilities:* Monthly utilities (electricity, water, garbage, internet) for a typical apartment might cost around PHP 5,000 to PHP 8,000 ($100 to $160 USD) depending on usage.

*Food and Groceries:*
- *Groceries:* A typical grocery bill for basic items could range from PHP 5,000 to PHP 15,000 ($100 to $300 USD) per month, depending on dietary preferences and shopping habits.
- *Dining out:* Eating at local eateries (carinderias) or mid-range restaurants can cost around PHP 150 to PHP 500 ($3 to $10 USD) per meal. Dining at upscale restaurants may cost more.

*Transportation:*
- *Public transportation:* Jeepneys and buses are affordable, with fares typically ranging from PHP 7 to PHP 20 ($0.14 to $0.40 USD) depending on distance. Taxis and ride-sharing services like Grab are also available.
- *Gasoline:* Gasoline prices are around PHP 60 to PHP 70 ($1.20 to $1.40 USD) per liter.

*Healthcare:*
- *Health insurance:* Depending on coverage and provider, health insurance for expatriates can range widely in cost.
- *Medical services:* Basic doctor visits and consultations are affordable, but costs can vary for specialized treatments and hospital stays.

*Miscellaneous:*
- *Entertainment:* Costs for entertainment such as movies, concerts, and nightlife can vary, with movie tickets typically costing around PHP 200 to PHP 400 ($4 to $8 USD) per ticket.
- *Fitness:* Gym memberships range from PHP 1,000 to PHP 3,000 ($20 to $60 USD) per month.

*Overall Lifestyle:*
Living costs in Cebu can be significantly lower than in major cities in Western countries, making it an attractive destination for retirees, digital nomads, and expatriates seeking a comfortable lifestyle in a tropical environment. However, costs can escalate depending on lifestyle choices such as housing location, dining preferences, and recreational activities. It's advisable for newcomers to budget accordingly and explore local options for cost-effective living while enjoying the cultural and natural attractions that Cebu has to offer.
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00:00 John and Angie Video Intro
0:16 Cost of Living Introduction
0:33 Location and Area
0:43 Studio and 1 Bedroom Costs
1:03 Utilities
1:33 Groceries
1:46 Transportation
1:56 Dining out, Shopping, Entertainment
2:10 Healthcare - Laundry and Parking
2:30 Local Product and Services
2:48 John and Angie Ending

All Comments (13)
  • Thank you for getting straight to the point, and not making this a 14min video like others.
  • I appreciate you showing what you spend super much! It helps to see everything I can from people actually living there so I can mash it all together to make an informed decision.
  • @JayLuke206
    Great video! This is the most detailed information I have seen regarding cost of living and thank you for including the spreadsheet!
  • @okbilly1
    i'm a newbie & planning on moving to cebu, i want to be walking distance to malls, can you suggest some places to stay, for a solo traveller, also to go to an island is bohol the closest place
  • @KB3TLE
    I'm a frugal old man - alone - retired and thrifty seeking - but also comfortable w/ac as needed. A furnished small studio is perfect - but can it be had for less than $340 & still near everything ? -- My hope is get/hire a 'helper' 1 day/week to clean shop & cook enough for a few days ? I'll order delivery or eat out the rest of the week. (?) Ideally - I hope to fit this into about the same $1200 you budgeted for 2 people.....but removed the $1000. ---?--- I'll actually have $1500+ - ''if needed'' ? --- Eastwood in Manila has studios for $320 or so in a nice area with everything needed ! 🤔
  • @smoke1830
    1000 for entertainment wow thats a lot
  • @netk9300
    Cost of living definitely has increased.
  • Hey guys, I'm born and raised in the Bronx NYC. God willing I will be in the Philippines within the coming year. I'm going to do an exploratory trip first for about a month then decide if it's a good fit for me. I'm thinking about 1700 USD monthly to live in The Philippines Cebu. Do you guys think that is enough. I'm single and my party day's are behind me. Appreciate the feedback. Thank you.
  • @ronaldhunt7617
    One of three things must be true, you live a lavish and excessive lifestyle, you are being taken, or everyone else on the subject is lying. There are tons of videos saying that you can live well on a 1000 USD, dinner for two 20 dollars? That is almost what you would pay int the US, a 1000 for entertainment? I don't spend that now in Florida!