Summary about cost of living in Davao, Philippines:
Restaurants | |
Range |
---|---|---|
Meal, Inexpensive Restaurant | 200.00 ₱ | |
Meal for 2 People, Mid-range Restaurant, Three-course | 1,500.00 ₱ | |
McMeal at McDonalds (or Equivalent Combo Meal) | 200.00 ₱ | |
Domestic Beer (1 pint draught) | 55.00 ₱ | |
Imported Beer (12 oz small bottle) | 72.50 ₱ | |
Cappuccino (regular) | 129.29 ₱ | |
Coke/Pepsi (12 oz small bottle) | 43.71 ₱ | |
Water (12 oz small bottle) | 23.75 ₱ | |
Markets | |
|
Milk (regular), (1 gallon) | 353.31 ₱ | |
Loaf of Fresh White Bread (1 lb) | 64.41 ₱ | |
Rice (white), (1 lb) | 22.34 ₱ | |
Eggs (regular) (12) | 104.87 ₱ | |
Local Cheese (1 lb) | 141.75 ₱ | |
Chicken Fillets (1 lb) | 120.96 ₱ | |
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 187.11 ₱ | |
Apples (1 lb) | 98.28 ₱ | |
Banana (1 lb) | 28.76 ₱ | |
Oranges (1 lb) | 61.39 ₱ | |
Tomato (1 lb) | 40.94 ₱ | |
Potato (1 lb) | 58.17 ₱ | |
Onion (1 lb) | 88.45 ₱ | |
Lettuce (1 head) | 75.50 ₱ | |
Water (1.5 liter bottle) | 32.67 ₱ | |
Bottle of Wine (Mid-Range) | 500.00 ₱ | |
Domestic Beer (0.5 liter bottle) | 69.17 ₱ | |
Imported Beer (12 oz small bottle) | 87.00 ₱ | |
Cigarettes 20 Pack (Marlboro) | 150.00 ₱ | |
Transportation | |
|
One-way Ticket (Local Transport) | 12.00 ₱ | |
Monthly Pass (Regular Price) | 800.00 ₱ | |
Taxi Start (Normal Tariff) | 45.00 ₱ | |
Taxi 1 mile (Normal Tariff) | 22.93 ₱ | |
Taxi 1hour Waiting (Normal Tariff) | 100.00 ₱ | |
Gasoline (1 gallon) | 277.21 ₱ | |
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 1,300,000.00 ₱ | |
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 1,175,000.00 ₱ | |
Utilities (Monthly) | |
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 5,656.25 ₱ | |
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 7.50 ₱ | |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 2,256.86 ₱ | |
Sports And Leisure | |
|
Fitness Club, Monthly Fee for 1 Adult | 2,783.33 ₱ | |
Tennis Court Rent (1 Hour on Weekend) | 250.00 ₱ | |
Cinema, International Release, 1 Seat | 255.00 ₱ | |
Childcare | |
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 7,083.33 ₱ | |
International Primary School, Yearly for 1 Child | 450,000.00 ₱ | |
Clothing And Shoes | |
|
1 Pair of Jeans (Levis 501 Or Similar) | 4,000.00 ₱ | |
1 Summer Dress in a Chain Store (Zara, H&M, ...) | 1,675.00 ₱ | |
1 Pair of Nike Running Shoes (Mid-Range) | 4,125.00 ₱ | |
1 Pair of Men Leather Business Shoes | 4,125.00 ₱ | |
Rent Per Month | |
|
Apartment (1 bedroom) in City Centre | 14,857.14 ₱ | |
Apartment (1 bedroom) Outside of Centre | 8,375.00 ₱ | |
Apartment (3 bedrooms) in City Centre | 36,000.00 ₱ | |
Apartment (3 bedrooms) Outside of Centre | 16,200.00 ₱ | |
Buy Apartment Price | |
|
Price per Square Feet to Buy Apartment in City Centre | 13,006.32 ₱ | |
Price per Square Feet to Buy Apartment Outside of Centre | 9,057.97 ₱ | |
Salaries And Financing | |
|
Average Monthly Net Salary (After Tax) | 15,357.14 ₱ | |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.43 |
Cost of Living in General Santos | 87.66 miles |
Cost of Living in Dadiangas | 87.66 miles |
Cost of Living in Butuan | 177.48 miles |
Cost of Living in Marawi | 221.26 miles |
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Straight to the point, my family and I want to live in Davao, Samal area, I have 2 kids and both are being home schooled, one is 16 and one is 10. My ever fear or concern is running out of money after living for few years in the area. What can anyone suggest for a kind of business venture we can do? America where will be coming from is ok, it’s a good place to be but it is enslaving people what I mean by that is the system is set up to easy loan money to buy houses, cars, clothes whatever you indulge yourself in, then you have to work all the time to pay for it back with interest of course. By this you will never have time and money to do fun things or other important things in life. We want to get out of this rat race.
Both houses are in the subdivision. Both adjacent to each other. I have my own caretaker so if anyone wants to rent please call me 727-417-9107 here in Florida. Marian Las Johnson
Our monthly household income is only 30k below yet we live comfortably and at the same time we are ableto set aside life insurance and savings account..
I find myself missing the simple life in Davao and the looking forward to the chance to return to my established routine of breakfast at McDs, lunch at Swiz Deli, diner at either a Vietnamese or Japaneses dinner and days in the malls and on the beaches :)
Hope fully as Davao develops an attracts more foreign business (new Tech Park) and tourist then the airport will have more cheap flights to mainland SE Asia destination without the hassle of traveling via Manila
I may be wrong but I believe that to have a permanent visa, you either need to be married to a Filipino citizen (my wife is Filipina) or put a $20,000 refundable deposit in a bank to get a retirement visa. That deposit will need to stay as long as you are in the Philippines (Check with immigration for details). Foreigners can never become Filipino citizens and cannot be the title bearer for real estate. (Community property country so it's really more of a technicality).
For me, it's the perfect place to retire (laid back atmosphere, if you are somebody that is in a hurry to do everything, this isn't likely the place for you) and the perfect place to raise children. Moving here was the best decision of my life.