Living in the Philippines

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Cost of Living in the Philippines

The Philippines has a very low cost of living. The peso has significantly lost much of its value since the Asian Financial Crisis but over the past few years the country is getting back on its feet. The Philippine economy ranks 46th worldwide with a total GDP of over 120 billion euros. Expatriates will find living in the country very cheap compared to the United Kingdom.

Food and Drinks Costs in the Philippines

Food and drinks are very cheap in the Philippines. A regular individual spends around 200 euros every month. One can eat in middle class restaurants every day since each meal would roughly cost 3 to 4 euros. There is also more expensive food in hotels and fine restaurants which can reach up to 150 euros.

Housing Costs in the Philippines

Housing in the Philippines is very cheap but expatriates may have to change their citizenship or be married to a Filipino citizen before being allowed to own land. The high population count in Manila makes the city very expensive and congested to live in.

Clothing and Accessories Costs in the Philippines

Buying clothes in the Philippines can be considerably cheap. There are several types of textiles sold in all surrounding provinces which can cost only a fraction of the price compared to buying in Manila. Most expatriates travel down south when looking for exotic clothes like batik and tribal accessories since these are much cheaper.

Services Costs in the Philippines

Public hospitals are mainly subsidized by the government. The country currently has a lot of working hands in the health care sector so service and quality of care is excellent. There are also private institutions which are more expensive but render state-of-the-art approach and equipment. Medical tourism has been one of the recent projects that the Philippines wants to develop in the near future.

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