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Cost of Living in Makati

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 151.00 ₱ 50.00-200.00
Meal for 2 People, Mid-range Restaurant, Three-course 575.00 ₱ 300.00-650.00
McMeal at McDonalds (or Equivalent Combo Meal) 165.00 ₱ 100.00-185.00
Domestic Beer (1 pint draught) 50.00 ₱ 50.00-70.00
Imported Beer (12 oz small bottle) 100.00 ₱ 60.00-120.00
Cappuccino (regular) 96.67 ₱ 50.00-110.00
Coke/Pepsi (12 oz small bottle) 27.50 ₱ 7.00-30.00
Water (12 oz small bottle) 15.00 ₱ 10.00-20.00
Markets [ Edit ]
Milk (regular), (1 gallon) 276.34 ₱ 113.56-321.76
Loaf of Fresh White Bread (1 lb) 36.29 ₱ 27.22-40.82
Rice (white), (1 lb) 22.45 ₱ 13.61-22.68
Eggs (regular) (12) 78.75 ₱ 60.00-96.00
Local Cheese (1 lb) 294.84 ₱ 90.72-453.59
Chicken Breasts (Boneless, Skinless), (1 lb) 72.57 ₱ 49.90-113.40
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 133.81 ₱ 86.18-181.44
Apples (1 lb) 58.97 ₱ 27.22-98.88
Banana (1 lb) 36.06 ₱ 27.22-45.36
Oranges (1 lb) 68.04 ₱ 68.04-90.72
Tomato (1 lb) 27.22 ₱ 11.34-90.72
Potato (1 lb) 42.03 ₱ 13.61-73.48
Onion (1 lb) 31.75 ₱ 17.69-58.06
Lettuce (1 head) 73.33 ₱ 40.00-80.00
Water (1.5 liter bottle) 35.00 ₱ 16.00-100.00
Bottle of Wine (Mid-Range) 300.00 ₱ 200.00-400.00
Domestic Beer (0.5 liter bottle) 42.50 ₱ 20.00-50.00
Imported Beer (12 oz small bottle) 75.00 ₱ 40.00-110.00
Cigarettes 20 Pack (Marlboro) 51.00 ₱ 51.00-80.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 12.00 ₱ 8.00-30.00
Monthly Pass (Regular Price) 490.00 ₱ 480.00-500.00
Taxi Start (Normal Tariff) 45.00 ₱ 20.00-45.00
Taxi 1 mile (Normal Tariff) 22.53 ₱ 16.09-64.37
Taxi 1hour Waiting (Normal Tariff) 105.00 ₱ 100.00-200.00
Gasoline (1 gallon) 185.49 ₱ 143.85-208.20
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 900,000.00 ₱ 900,000.00-1,350,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 1,200,000.00 ₱ 950,000.00-1,285,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 2,500.00 ₱ 1,000.00-10,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 7.33 ₱ 6.00-8.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 2,399.50 ₱ 1,000.00-3,990.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 3,900.00 ₱ 2,500.00-6,000.00
Tennis Court Rent (1 Hour on Weekend) 375.00 ₱ 200.00-700.00
Cinema, International Release, 1 Seat 200.00 ₱ 170.00-250.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 30,000.00 ₱ 8,333.33-50,000.00
International Primary School, Yearly for 1 Child 200,000.00 ₱ 200,000.00-1,000,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 2,750.00 ₱ 500.00-3,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,900.00 ₱ 600.00-3,000.00
1 Pair of Nike Running Shoes (Mid-Range) 3,000.00 ₱ 3,000.00-4,000.00
1 Pair of Men Leather Business Shoes 3,250.00 ₱ 1,500.00-4,000.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 41,926.55 ₱ 25,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 20,000.00 ₱ 15,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 120,333.33 ₱ 77,000.00-170,000.00
Apartment (3 bedrooms) Outside of Centre 26,666.67 ₱ 15,000.00-60,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 17,651.43 ₱ 13,935.34-21,367.52
Price per Square Feet to Buy Apartment Outside of Centre 11,148.27 ₱ 3,999.97-12,541.81
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 37,111.56 ₱
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.50 3.00-8.00

Prices in Makati

This city had 84 different contributors in the past 18 months.
Some data are estimated due to a low number of contributors. If you are living here, please update our data.
Last update: December 2018
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13 Comments so far

#Noam on Aug 13, 2018 :
I am planning to move to Makati or BGC next year and I would like to consule with someone who lives there for quite a while. In addition, if there are free lancers real estate agents (not an Avida, Dmci, SMDC etc. workers) that can shade some information about investing in local property I would like help.
My email is Noamgavizon@gmail.com

Questions I got a clue about but I am not 100% sure yet are:
1. Cost of high quality living for 1 person ( without rent, high quality means, let't say, 8 out of 10)
is it about 40k php?
2. Monthly cost of Maid (full time job)
3. Possible annual return (in %) of property value which is estimated at Makati when you rent away a condo
( how many years it will take me to get back the entire value of the condo I own if I rent it for long time rents).
* Did I do good homework? A 38-42 sq.m condo in a good condominium with a pool, a gym and etc. will cost 7-8m php and can be rented for 40k php.
4. What is the cheapest market at Makati to buy FRESH grocery such as vegetables, fruits, sea food, meat or chicken?

I got several more questions but this is for now.
I will thank you for any help!
You can contact me at my Email
Noamgavizon@gmail.com
Peace.
#Yon on Jul 12, 2018 :
Hello can someone tell me what's an average cost of water/electricity bill(in general utilities) for a 20-26 m2 studio in jazz residences or knightsbridge residences in makati? I tried to search it by my own but differences are huge, one person says 1600 php while the other states that 5000 is minimum for such a studio I will be staying in the studio for aprox. 3h and they sleep and go at 8 am to work so most of time studio will be empty.
#Abby on Aug 03, 2017 :
Any idea of the rent for 1BR or studio in BGC?
#Paul Lamb on Aug 02, 2017 :
Very unrealistic prices you are quoting and I have lived here for 4 years as an expat. Makati has a diverse population spread wide. If safety is a priority then you will need to pay far more than what has been quoted.
#Teresa on Jun 01, 2017 :
@Don - for P80k per month, that can get you a very comfy and classy place - at the least a 1BR furnished unit in a central location of Makati (ie Greenbelt, Legazpi Village). I'm a landlady - and I typically ask for 2 months' worth of security deposit, and post dated cheques for the one year term, ie 12 cheques that will be due for each month. I haven't encountered landlords asking for a year in advance, but it is typical to ask for a month's advance rent.

If you require for a receipt of the rent, assuming you need to expense it w your company, the landlords will pass the cost of VAT (12%) to you. So the rent will increase by 12%, on top of the advertised rate.
#Don on Apr 12, 2017 :
About P80,000/mo. Is that comfortable living in Makati? 1 person and studio in nice building?
#Anonymous on Mar 27, 2017 :
The big thing about Philippines cost of living because I live here as an expat is you must pay 4 months security deposit PLUS one full year of rent in advance.

You can find cheaper places on internet but the big problem here is people advertise lower and when you apply the price is always ,50% more.

This happens to locals wanting to live in Makati.

Also most of manila is slums.

Makati is a foreign enclave where you can live but there is no parks gardens or recreation.

Europe has that.

You need to include on your site about rental bonds and deposits.

That makes Makati more expensive again.
#man on the move on Aug 27, 2016 :
Great info, however needs a bit of clarification regarding the following.
It says monthly expenses for for four person family at 2,765.06A$ (96,968.40₱) (without rent).
Has any allowance been made for education for children/ teenagers, that could be a significant portion of cost of living.
Does anyone know whether I should add this to the cost or is it included.
#Yosephin Tjahjono on May 30, 2016 :
The electricity cost is around 9.655 pesos per kwh now. If you are staying in studio or 1 BR condominium (30 sqm), your utility bill might be less than mentioned above.
#20 something lawyer on May 05, 2016 :
Very detailed post on costs of things in Makati. This might be helpful too. https://twentysomethinglawyer.wordpress.com/2016/03/24/10-things-i-learned-while-living-alone-in-makati/
#Mike on Feb 19, 2016 :
I am thinking of moving to the Philippines from the United States could some one tell me how much of US dollars does it take to make a comfortable living in the Philippines
#Andrew on Dec 17, 2015 :
@Net for a program manager position you should easy get $130,000 and above
#shana on May 24, 2015 :
Buying property not that cheap.
In the city center of makati about 7000usd per sqm . And rental 700_800usd for one bed room condominium. Well its cheaper than EU or US. But not very cheap if you living in Philippines something you spend more...