Cost of Living in Makati
Summary about cost of living in Makati, Philippines:
- Family of four estimated monthly costs are 2,630.43$ (125,720.48₱) without rent (using our estimator).
- A single person estimated monthly costs are 751.23$ (35,904.90₱) without rent.
- Makati is 44.46% less expensive than New York (without rent, see our cost of living index).
- Rent in Makati is, on average, 68.71% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 220.00 ₱ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 1,500.00 ₱ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 170.00 ₱ | |
| Domestic Beer (1 pint draught) | 85.00 ₱ | |
| Imported Beer (12 oz small bottle) | 120.00 ₱ | |
| Cappuccino (regular) | 135.00 ₱ | |
| Coke/Pepsi (12 oz small bottle) | 60.00 ₱ | |
| Water (12 oz small bottle) | 17.78 ₱ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 388.34 ₱ | |
| Loaf of Fresh White Bread (1 lb) | 85.24 ₱ | |
| Rice (white), (1 lb) | 29.81 ₱ | |
| Eggs (regular) (12) | 124.43 ₱ | |
| Local Cheese (1 lb) | 234.90 ₱ | |
| Chicken Fillets (1 lb) | 115.94 ₱ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 189.63 ₱ | |
| Apples (1 lb) | 78.08 ₱ | |
| Banana (1 lb) | 52.97 ₱ | |
| Oranges (1 lb) | 104.22 ₱ | |
| Tomato (1 lb) | 79.64 ₱ | |
| Potato (1 lb) | 73.13 ₱ | |
| Onion (1 lb) | 48.04 ₱ | |
| Lettuce (1 head) | 186.15 ₱ | |
| Water (1.5 liter bottle) | 57.48 ₱ | |
| Bottle of Wine (Mid-Range) | 1,000.00 ₱ | |
| Domestic Beer (0.5 liter bottle) | 72.96 ₱ | |
| Imported Beer (12 oz small bottle) | 90.22 ₱ | |
| Cigarettes 20 Pack (Marlboro) | 110.00 ₱ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 16.00 ₱ | |
| Monthly Pass (Regular Price) | 652.17 ₱ | |
| Taxi Start (Normal Tariff) | 40.00 ₱ | |
| Taxi 1 mile (Normal Tariff) | 40.23 ₱ | |
| Taxi 1hour Waiting (Normal Tariff) | 135.00 ₱ | |
| Gasoline (1 gallon) | 181.70 ₱ | |
| 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 | 7,116.20 ₱ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 6.14 ₱ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 2,126.43 ₱ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 3,062.50 ₱ | |
| 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) | 2,457.14 ₱ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 1,800.00 ₱ | |
| 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 | 36,643.02 ₱ | |
| Apartment (1 bedroom) Outside of Centre | 18,073.58 ₱ | |
| Apartment (3 bedrooms) in City Centre | 112,565.11 ₱ | |
| Apartment (3 bedrooms) Outside of Centre | 55,395.76 ₱ | |
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) | 26,037.02 ₱ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.50 |
Prices in Makati
This city had 232 entries in the past 12 months by 41 different contributors.
Last update: June 2021
Last update: June 2021
Sources and References
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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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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.