Cost of Living in Makati
Summary about cost of living in Makati, Philippines:
- Family of four estimated monthly costs are 2,726.39$ (132,559.28₱) without rent (using our estimator).
- A single person estimated monthly costs are 778.19$ (37,836.40₱) without rent.
- Makati is 42.07% less expensive than New York (without rent, see our cost of living index).
- Rent in Makati is, on average, 71.95% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 200.00 ₱ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 1,300.00 ₱ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 170.00 ₱ | |
| Domestic Beer (1 pint draught) | 70.00 ₱ | |
| Imported Beer (12 oz small bottle) | 100.00 ₱ | |
| Cappuccino (regular) | 132.08 ₱ | |
| Coke/Pepsi (12 oz small bottle) | 55.22 ₱ | |
| Water (12 oz small bottle) | 21.67 ₱ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 404.21 ₱ | |
| Loaf of Fresh White Bread (1 lb) | 91.54 ₱ | |
| Rice (white), (1 lb) | 30.62 ₱ | |
| Eggs (regular) (12) | 136.84 ₱ | |
| Local Cheese (1 lb) | 236.20 ₱ | |
| Chicken Fillets (1 lb) | 125.19 ₱ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 204.02 ₱ | |
| Apples (1 lb) | 99.04 ₱ | |
| Banana (1 lb) | 66.59 ₱ | |
| Oranges (1 lb) | 127.57 ₱ | |
| Tomato (1 lb) | 80.23 ₱ | |
| Potato (1 lb) | 82.64 ₱ | |
| Onion (1 lb) | 51.88 ₱ | |
| Lettuce (1 head) | 186.95 ₱ | |
| Water (1.5 liter bottle) | 57.84 ₱ | |
| Bottle of Wine (Mid-Range) | 1,000.00 ₱ | |
| Domestic Beer (0.5 liter bottle) | 73.42 ₱ | |
| Imported Beer (12 oz small bottle) | 90.72 ₱ | |
| Cigarettes 20 Pack (Marlboro) | 107.18 ₱ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 15.00 ₱ | |
| Monthly Pass (Regular Price) | 626.09 ₱ | |
| Taxi Start (Normal Tariff) | 40.00 ₱ | |
| Taxi 1 mile (Normal Tariff) | 40.23 ₱ | |
| Taxi 1hour Waiting (Normal Tariff) | 135.00 ₱ | |
| Gasoline (1 gallon) | 188.01 ₱ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 1,350,000.00 ₱ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 1,297,750.00 ₱ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 7,170.49 ₱ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 6.14 ₱ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 2,876.11 ₱ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 3,222.22 ₱ | |
| Tennis Court Rent (1 Hour on Weekend) | 450.00 ₱ | |
| Cinema, International Release, 1 Seat | 300.00 ₱ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 21,666.67 ₱ | |
| International Primary School, Yearly for 1 Child | 550,000.00 ₱ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 2,700.00 ₱ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 1,971.43 ₱ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 4,625.00 ₱ | |
| 1 Pair of Men Leather Business Shoes | 3,833.33 ₱ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 37,246.23 ₱ | |
| Apartment (1 bedroom) Outside of Centre | 20,357.34 ₱ | |
| Apartment (3 bedrooms) in City Centre | 96,678.45 ₱ | |
| Apartment (3 bedrooms) Outside of Centre | 51,086.69 ₱ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 19,521.16 ₱ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 11,612.78 ₱ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 25,000.00 ₱ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.50 |
Prices in Makati
This city had 196 entries in the past 12 months by 34 different contributors.
Last update: January 2021
Last update: January 2021
Sources and References
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Explore Makati:
Nearby cities:| Cost of Living in Dasmarinas | 1.69 miles |
| Cost of Living in Pasay | 2.15 miles |
| Cost of Living in Mandaluyong | 3.18 miles |
| Cost of Living in Pasig | 5.43 miles |
| Cost of Living in Manila | 6.89 miles |
| Cost of Living in Cainta | 7.60 miles |
| Cost of Living in Bacoor | 10.68 miles |
| Cost of Living in Antipolo | 12.33 miles |
| Cost of Living in Imus | 12.97 miles |
| Cost of Living in Valenzuela | 14.68 miles |
This page in other languages:
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ItalianoCosto della Vita a Makati
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EspañolCosto de Vida en Makati
Very expensive, can i live with an apartment atleast 5k per mo.in this place?
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.
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.
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.