Cost of Living in Makati

Summary about cost of living in Makati, Philippines:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 225.00 ₱ 150.00-400.00
Meal for 2 People, Mid-range Restaurant, Three-course 1,500.00 ₱ 1,000.00-2,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 182.50 ₱ 125.00-202.00
Domestic Beer (1 pint draught) 85.00 ₱ 60.00-150.00
Imported Beer (12 oz small bottle) 100.00 ₱ 90.00-180.00
Cappuccino (regular) 126.88 ₱ 65.00-195.00
Coke/Pepsi (12 oz small bottle) 60.00 ₱ 40.00-80.00
Water (12 oz small bottle) 18.89 ₱ 15.00-30.00
Markets
Edit
Milk (regular), (1 gallon) 390.35 ₱ 302.83-454.25
Loaf of Fresh White Bread (1 lb) 85.86 ₱ 36.29-136.08
Rice (white), (1 lb) 29.81 ₱ 22.68-45.36
Eggs (regular) (12) 125.06 ₱ 60.00-150.00
Local Cheese (1 lb) 236.80 ₱ 90.72-362.87
Chicken Fillets (1 lb) 116.86 ₱ 81.65-158.76
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 190.79 ₱ 113.40-226.80
Apples (1 lb) 78.87 ₱ 45.36-136.08
Banana (1 lb) 53.48 ₱ 40.82-96.16
Oranges (1 lb) 105.19 ₱ 45.36-158.76
Tomato (1 lb) 80.49 ₱ 13.61-113.40
Potato (1 lb) 73.77 ₱ 45.36-90.72
Onion (1 lb) 48.43 ₱ 22.68-90.72
Lettuce (1 head) 187.31 ₱ 80.00-250.00
Water (1.5 liter bottle) 58.00 ₱ 35.00-78.00
Bottle of Wine (Mid-Range) 1,000.00 ₱ 400.00-1,041.76
Domestic Beer (0.5 liter bottle) 73.63 ₱ 35.00-90.91
Imported Beer (12 oz small bottle) 90.95 ₱ 80.00-100.00
Cigarettes 20 Pack (Marlboro) 110.00 ₱ 100.00-140.00
Transportation
Edit
One-way Ticket (Local Transport) 16.00 ₱ 12.00-25.00
Monthly Pass (Regular Price) 652.17 ₱ 565.22-1,500.00
Taxi Start (Normal Tariff) 40.00 ₱ 40.00-50.00
Taxi 1 mile (Normal Tariff) 40.23 ₱ 32.19-64.37
Taxi 1hour Waiting (Normal Tariff) 135.00 ₱ 100.00-300.00
Gasoline (1 gallon) 181.70 ₱ 151.42-204.41
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,350,000.00 ₱ 1,350,000.00-1,350,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,297,750.00 ₱ 1,070,000.00-1,490,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 6,461.98 ₱ 5,000.00-8,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 6.14 ₱ 5.00-7.50
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 2,126.43 ₱ 1,500.00-2,999.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 3,062.50 ₱ 1,667.00-4,000.00
Tennis Court Rent (1 Hour on Weekend) 450.00 ₱ 150.00-700.00
Cinema, International Release, 1 Seat 300.00 ₱ 300.00-350.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 21,666.67 ₱ 10,000.00-35,000.00
International Primary School, Yearly for 1 Child 412,500.00 ₱ 250,000.00-800,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 2,457.14 ₱ 1,000.00-3,500.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,800.00 ₱ 1,000.00-3,000.00
1 Pair of Nike Running Shoes (Mid-Range) 4,625.00 ₱ 3,000.00-6,500.00
1 Pair of Men Leather Business Shoes 3,833.33 ₱ 2,500.00-7,000.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 35,161.21 ₱ 28,500.00-50,000.00
Apartment (1 bedroom) Outside of Centre 19,245.40 ₱ 10,000.00-29,963.18
Apartment (3 bedrooms) in City Centre 116,515.76 ₱ 74,907.96-150,000.00
Apartment (3 bedrooms) Outside of Centre 55,705.52 ₱ 30,000.00-75,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 19,521.16 ₱ 18,580.45-21,913.79
Price per Square Feet to Buy Apartment Outside of Centre 11,380.53 ₱ 11,148.27-13,935.34
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 239 entries in the past 12 months by 44 different contributors.
Last update: August 2021
Sources and References
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4 Comments so far
Anonymous on Jan 14, 2019:
Is these true?
Very expensive, can i live with an apartment atleast 5k per mo.in this place?
Haru on Jan 05, 2019:
I'm kind of confused: when I look up the average salary for a software engineer (that's my job), then the average salary per year is something around 420k php, which is around 40k per month. When I look at this overview here, the rent for a cheap appartment alone is already 20k and 40k for a bigger one. How would one even survive, if the salary is so low? Am I missing something?
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.