Tuesday, January 5, 2016

Cost of living

I just wanted to give everyone the cost of living here in the Philippines. This is my rough budget and will give you an idea of the costs but your mileage my vary.
The current exchange rate is 47 pesos to a dollar. I'll quote both peso and dollar.
Rent.  8200. $ 175.00 I got the larger room for 700 pesos a month more
Electric 1000 $22.30. I used the aircon about 5 times for a couple of hours. Electricity is about twice as high then USA
Water. 90 $1.92. Water is cheap but don't drink it.
Phone  500. $10.63. Having WiFi at the apartment saves here
Visa. 3500. $74.46. Government loves their fees.
That's comes out to 13290 pesos or $ 282.76
I give myself 1000 pesos a day to eat, entertain, misc. For example of the average day which includes eating out 3 times a day see below. So 1000 X 30= 30000 or $ 638.30
Breakfast. 60. $1.38
Lunch. 88. $1.87
Trike both ways to terminal. 14. $0.30
V-hire both ways. 60. $1.28. Takes me to to big mall
Jolibee orange Mango sundae  29. $0.62. I know I have an addiction problem.
Dinner. 220 $5.33. This is the most I've spent for a meal. This is a sit-down resto with waiters
Massage.  250. $5.32. I'm worth it.

That comes to 721 pesos or $15.34. I use the extra for whatever. Like I bought a shirt for 149 pesos or a little over $3.00. I'm not starving and enjoy eating out. This will give you an idea of what living on less than $1000 a month looks like.

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