Cost of Living Philippines. Always a prime topic of interest here. I really wouldn’t have even published this article except for an experience I had just a couple days ago which really brought a “concrete”, easy to understand typical homeowner’s cost issue directly into focus.
There is very good evidence that on a bread scale, using a ton of totally independent data, the cost of living in the Philippines averages out close to 60% of US costs. About a 40% reduction.
40% Cheaper? Sez Who?
- 0.1 40% Cheaper? Sez Who?
- 0.2 But What About “Real” People’s Costs?
- 0.3 Cost of Living for an Expat Family in the Philippines-2013
- 0.4 The Real World Experience Always Trumps Data and Statistics, Though.
- 0.5 It’s Summer Time Here
- 0.6 The Bottom Line?
- 1 Related Posts
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Well here’s one very authoritative source I have recommend for years ,,, Expatistan.com
Or another great tool which always tracks closely with Expatistan .. Numbeo.com
But What About “Real” People’s Costs?
Well, just the other day my blogging colleague published a very interesting account of a recent trip to Florida and how he found costs compared with living in Florida compared with living here in the Philippines. It’s well worth a read. Sweet Home Philippines!
A few months ago another blogging colleague, Bob Hammerslag, published a very detailed account of his own expenses here in the Philippines. Also very much worth a read:
The Real World Experience Always Trumps Data and Statistics, Though.
One of the most valuable “fringe benefits” that came along with my marriage to my lovely wife (the Unofficial Cook) was the fact I also gained 5 wonderful sisters. They live all over the world
and I’ve learned a lot from them. They are in constant touch with my wife on something we call “the sister net”. We’re always up to date on what’s happening.
It’s Summer Time Here
And likely getting warm where you live too. So what’s a common annoyance/cost issue that happens when it’s hot?
Yep, the rusty old (or even not so old) air conditioner acts up. Grrrr. How much is THAT going to cost me?
Well just a couple weeks ago, one of the sisters who lives here in Marilao, Bulacan, right around the corner from us, reported that she had suffered not one, but two air conditioner failures.
Another sister who has a home near Orlando, Florida reported that her air conditioner (central air type) was acting up and wasn’t throwing out the cold air either.
There was a lot of discussion on how much things would cost, who to call, whether to order up repairs now.
“Enough already.” said the Florida sister. “ It’s hot there, it’s hot here, it’s going to cost money, but there’s nothing else to do, let’s both get them fixed.”
So the local sister called some guy recommended by the folks at the barangay hall. (I always get a kick out of the American guys who write me with their plans about to earn a living here fixing air conditioners. You guys just have nooo idea *sigh*. You think a shiny white van rolls up in front of a house and a uniformed tech with a tool belt and shiny shoes steps out? ha ha ha).
The barangay air con fixit fellow came over the same morning that he was texted. He seems to know what he’s doing. Had both air cons running quiet and blowing out cold air in a couple hours, total cost whopping P1200.(that’s in php of course.)
Down in Florida the service tech came (after about a week’s “sweaty” wait) on the same day (yesterday there) and fixed the central air con in a couple hours also. Quiet and blows good and cold now. Total cost $1200 (in USD, of course).
The Bottom Line?
What’s today’s Peso/Dollar rate? P44.20 to one IIRC. So living in the Philippines the costs are 1/44 th of the cost of the same common household repair in the USA .. and no waiting for a week or more for the guy to show up.
And we both still get all these people writing in and agonizing about every Peso spent, and saying “I could live just as cheap in the US as here in the Philippines? Ummm, well, ok, if you say so …
What’s your personal view on the cost of living Philippines?