Great video. I don't think many people in the US under 30 could answer this question. The young people in your video are quite financially literate. Impressive!
For 2 of us with a little travel and eating well,better than i did back in Canada we are just under 40K a month and that includes A/C and listening to the waves each night and still 20 minutes from a newer private hospital. I retired early and living well thanks to a good filipina
I really enjoyed this show, without fast-forwarding. I listened to every word. And I will rewatch this for sure. Even right now, I AM going to re-run this episode.
Thank you for an interesting video! Please Slow down with your questions 😂 Let the doctor answer your first question and continue talking and he will give you more info. Please don’t say “ so range is 60,000 to 150,000” just Ask him what he thinks the range is with an open ended question and let him answer. Thanks again for a great video 😊
He is asking for the range not for the specific amount because he doesn't want to be rude to figure out how much in taxes they pay...."just Ask him what he thinks the range is with an open ended question and let him answer. " you just reiterated what he exactly has done.
I think cost of living in the Visayas and Mindanao regions are way cheaper than Luzon. For me, who is from La Trinidad, Benguet, our family's monthly expenses add up to 25,000 to 26,000. This amount includes internet, electricity and water bills and food only. If you need a doctor and meds, it is another expense.
You’re so RIGHT. The cost of living here is very low. If someone wants to live an affordable lifestyle, it’s very easy to do so here. I’m an American but live a hybrid of a Filipino lifestyle here south of Manila. I live a very comfortable single lifestyle, very nice, but not extravagant or anything. My average monthly cost of living is PHP 14,000 ($250 US a month). I’ve been living here for over 7 years at this same cost of living. I did a video on my channel with my cost of living breakdown and also a video showing my very nice PHP 4000/month 1 bedroom townhouse apartment. Life is MUCH BETTER in the Philippines. ❤
@@okamsug It’s easy to imagine things are cheaper here. More difficult is to imagine that you may be living in a country where everything is outrageously expensive. They talk a lot in the U.S. about overpriced medicine and medical care, but I believe everything there is outrageously overpriced. Here, it cost me 2 pesos (.04 cents) for a 24-hour antihistamine tablet… 4000 pesos ($71) for a nice, modern one bedroom townhouse apartment… 1000 pesos ($18) for utilities. It is not that I am frugal or anything, it’s simply much much cheaper to live here. That being said, it is not a guarantee, it’s a process. Anyone can spend a lot if they choose to or end up in a relationship with a gold digger.
Don't believe this nonsense at all! There, it's a big difference in visiting there for a while and living there until you die. Go look at what health insurance cost, which most foreigners pay out of their own pockets because there is a cut off age when you can't get it. Also if you read the fine print you will find it really doesn't cover you for much. You will see that the cost is going to be around $500 to $600 U.S.D. per month. So this will give you a true idea of what to save per month to put away to be to able pay out of your own pocket. So that kind of kills living on the $600 U.S.D. per month nonsense. Then there is the skin tax that you will pay and yes it is real. Electricity bill is cheap for them because they work 6 days a week, by the time they get home the hot part of the day is over and they turn on the fans to get the hot air out. They have small refrigerators because they shop every day for food. Many homes have no hot water to heat up, so all this cuts down on their electricity bill. What most people leave out that the beach is not free. Then there is the cost of paying for a visa. The list goes on and on. So if you think you are going to live a normal life on just your S.S. it's not going to happen.
Married to a Filipina it’s better to have her canvass for a nice place to rent because if your a foreigner the price doubles it’s just the way it used to there nice as the folks there are they take advantage and speak the language to negotiate prices
First time I've seen Filipinos interviewed about expenses. Province prices are very nice. I think they tend to have around 3 children per family in the countryside. I'd say in Manila it's usually 2, sometimes 1.
What a great conversation with locals… The cost of my mortgage and electricity is enough to live comfortably for a month there… Looking to get out of the rat race here in the USA… Taxes , crime, and food prices are just about to break the average American… Thank you for your perspective…
Try 3k USD a month. unless you wanna eat the same shitty food over and over again. It will be sardines and ramen for you forever. I'm budgeting 10k USD/month and im a Filipino who grew up in the worst slums of the Philippines. To lived comfortably like how you lived in the USA its actually 1to 1 ratio. You can live with that money if you can adapt a Filipino lifestyle. meaning eating dried fish, canned goods, renting a bedroom with no cars. who would want to live like that forever.
Love your videos. Keep them up. You continue to show us where help is needed. You already know from my previous comments that my wife is from the Philippines and we were married in Cebu City. Maybe not; because you have to keep track of so many subscribers. We try to keep up with your adventures. We so much want to help the people of the Philippines and your efforts to help whom ever you can. We live close to Toronto and visit the Philippines as much as possible. Soon to be there permanately. Looking forward to meeting you.
It depends on what they want to do while living there. If you want to travel within the country and eat out a lot then you'll need more. It also depends where you live in the country. If you live in Manila, Cebu and other big cities, everything will be more expensive.
Because those people are living in BGC, Makati or Cebu IT park. To live a good life there you need 1k+ a month. If you are traveling a lot then 2k a month is easily required. Also remember that foreigners have to pay immigration fees and other extra costs that Filipinos don't have to pay. Also they live in way poorer conditions than most foreigners living there.
If you want a more western life...ac all the time, western foods, eating out more $2,000+ is probably right. Electricity in the Philippines isnt cheap in most places.
You dnt have correct Micheal he doing a awesome job asking questions and so Micheal Philippines is a gold mine to forginers the average forginer can survive good over there for a budget of two thousand or 15hundred USD a month great vedioe by the way
Thanks for this video. Wow. It really puts it into perspective. Can’t wait to pull the trigger and move full-time. Hope to come by for another Beaver Burger.
Water and electricity bills are the main fixed costs here. Back in Vancouver, it was house insurance, mortgage, property taxes, ICBC car insurance, income taxes, CPP/EI deductions, carbon taxes on the most expensive fuel in all of Canada, PST+GST on top of everything we bought. Natural gas to heat our home, even during the summer since at night it gets down to 10c. Its so refreshing to live here in the Philippines. Warm weather year round, no housing costs beyond what we paid to renovate our house, miniscule amount of property tax. Fuel half the price of Vancouver. Its just a different world out here, where we can actually live, instead of barely survive financially.
I wouldn't want to be in Vancouver. I live in a small town of about 16, 000 people about 1 1/2 hours southwest of Toronto to purchase a new house is around $800,000 to $1, 100, 000 plus taxes, plus electricity, plus water & sewage and a lot of hidden taxes.
Living in the Philippines 6 months each year, we pay around 35,000 property taxes each year. Car insurance, around 24K per year. Electricity, 6 to 7 k per month. Groceries, around 5 K per week. Plus the travels and eating out…
Owning houses and cars for both countries, we barely can afford it. We are thinking to sell our house in the Philippines, and just buy a condo. That way we wont have a big yard to look after any more, and can save 8K for the caretakers salary…
There's a RUclipsr out there making videos saying that you shouldn't move to the Philippines if you earn less than 3K USD/mo. He talks a lot about inflation and health insurance and you should use a good portion of that money to get the best one. Why the hell would you move to the Philippines worrying about inflation and health insurance? As someone who grew up in the Phils living on less than 200 bucks a month, his videos are just laughable. I've been "westernized" now after living in the US for over 20 years but I'm 100% sure that I can still live comfortably in the Phils for less than a thousand.
@@Livinginthephils65 Agree. Maybe 1200/mo for pure westerners. As mentioned, I grew up in the Phils and I can still eat/shop like a local with no problem.
Keep in mind its also situational, $1200 US a month might be a problem if you have very little buffer for emergencies and unexpected bills. If you have like a $100K+ kind of buffer then a tighter monthly income like $1200 is less of a problem.
Nice to have the Filipino perspective on living expenses! 👍 I agree that westerners moving here could live more economically (notice I didn't say CHEAP?) if they scaled back and lived more like the locals. If I didn't need to travel from Pampanga (San Fernando) to Metro Manila each week, I probably wouldn't have bought a car. A scooter would have worked. But we're living in an upper middle class gated neighborhood, because my Wife and Step-Daughter are accustomed to easier living conditions (her family is upper middle class), and I was living an upper middle class lifestyle when I retired. So we're comfortable, definitely not rich, in our lives. Thanks again, Michael 👍
When you are talking about western expats, especially retirees over 71, health insurance can be 600+ usd per month, IF they will agree to insure you at all. Also, one might not be fit enough to ride a scooter and will a car or transportation, So, age makes a big difference.
Yes. The health costs are not mentioned at all, and for 'retirees' this is fundamental. Medical, dental, ongoing prescriptions.. this could be half of any budget. It needs to be addressed.
Thank you for this information! I am looking to retire there close to a beach. Wow is that your daughter she is beautiful !! God bless you and your wife !! 🙏
Exceptionally good video. I’m from the states and live in China. I’m a little different than most considering my daughter is 10 and goes to an international school that costs 20k usd per year…we spend about 48k a year….after the daughter’s tuition we live a good life on about 28k a year
Many of my co-workers(Chinese) are living happily on much much less. Some of the greatest people I’ve ever met in my life and they’re not short on money. Cost of living and keeping up with the jones is the biggest money drain you can imagine.
Great video! Man, I'm in Vietnam right now and thought living off $1000-$1500 was insane. I might have to head to PH! Also, holy crap your kid is so freaking cute! I hope I can catch up and find a lady so I can have a son/daughter of my own! You're living the dream!
Good upload and great info BUT I think westerners also need to count for medical bills, visa costs and of course, skin tax. It can certainly be less than some videos would have us believe but it’s also going to be more than the average entirely Filipino family.
Thank you for the video man, it was really helpful. I am a poker player that makes 1-3k per month and here i cant leave my part time job, it looks that i can live without stress of having to win there. I was looking into Thailand and it looks you need 1k+ to have a good life there and i think those countries are very similar except the tourism.
Thanks for the info first time here. I have been looking how much it costs for 2 people to live there for a month for my wife and myself although its not about to foreigners cost of living there it was a wide enough range.
Watching this video reminded me of a documentary i watched many years ago, It was about the nurses had to pay some of their salary to the doctors just to keep their job,
I think you can live really cheap here if you want but fore a foreigner you need to add visa costs and skin tax at least, think also the costs off aircon ore the use off it ( you cant expect a fillipino to have no wintercoat in Canada)
Recently the Philippines administration voted for a whopping php30 (50¢) per day minimum wage increase. My opinion is that was insulting especially after the vote the politicians get into their $60,000+ vehicle and drive to Tony Roma's for $100+ lunch
So many beautiful girls all around the Philippines and you found one a real maliit one like maybe 4,9 - 4,11, but mostly more average is about 5.- 5.4 feet anyway 5.6 is above amd 5.9 is tall real tall I found one and pretty too hehe, cost me over 10 years enjoy live !
Wow the place becoming nice now there ,i just seen the video when you entered there ,nice to see this video ,ye on alot vlogers the say need ad least 1000$ amonth ,and i think itcan be cheaper ,if i can already live in Belgiumwith 1100 euro/month one of the biggest taxes countries in europe then i sure can live there alot cheaper then 1000$ a month and safe the rest to build a nice home after i would be maried then you just have to pay the goverment taxes for the house and the lot and have no more the monthly cost for renting and if put sunpannels on the roof ,you even safe alot more money ,take now sunpannels full set 450 wath is in philippines only 550 a 600$ (watch marketplace philippines) with enough baterys you even no more need electricety from compannys and if a blackout happen you stil have electricity even in rain season when there is no sun ,for water even can use IBC containers conected to eachother put in the ground to have your own watersupply ,for toilet and washmachine ,dishes ,it all depend how carfull you are with your money ,if you trow with it ye ,you can spend alot
I live in the Philippines and most westerners including myself could not live on less than $1,000 a month. Maybe a single guy could do it. You have to be honest about it. Hardly any westerners could live on 40,000P a month. I'm not wealthy by western standards. My wife and I live on $1,800 a month very comfortably in Davao City. Just my opinion. Thanks
If I am hearing them correctly, 6K Peso for rent per month. What kind of house and size is that? I can't find anything remotely close to that on Facebook or realtor websites. All I am seeing are 15K to 35K for simple apartments. I just want a 2 bedroom house when I move in Dec
It's proportional to what an average Filipino makes in a month. Many Filipino families live on properties for free that rich Filipinos own and do work for the rich in the Philippines.
@robert Depends on the location, try searching Pililla, Rizal, its where the windmills are, there are plenty of beautiful places easily reachable, it’s quite, nature living, accesible by transportation, I live there😍
Good and nice informative video, question: I got friend in the Philippines (mindano) she’s living with her child in a house. She says she has a bill of 5k peso is that even right then?
Great video by the way.. I think also you'll find that foreigner's pay a little more because they are foreigners. If you were a Filipino, you would tend to get a Filipino rate on various things.
The one thing that will cost an arm and a leg is Healthcare particularly for seniors or those with medical conditions. If you get into a kidney failure and do dialysis for instance, it will cost a lot.
Last year a few US retired expats who have been settled here for a few years - 1 has been here 7 years and has made an $80/mo. 1 br apartment "his" by completely westernizing it to his liking ! -- A somewhat frugal lifestyle but not wanting for anything is costing them about $800 -- $900 / mo. most months for essentials -- w/o travel and they don't drink or smoke. Includes medical and visa fees. (early 60's) Some are in Lipa City and others are in Trace Martires ! Many other areas have the potential for the same low cost living with some effort.
I grew up in the Philippines. Work most of my life in the USA. For a lifestyle comparable to the USA. You need at least 10k USD. Philippines is actually more expensive than USA. When it comes to food, clothing and materials. Most of the stuff is imported. Labor is the only thing thats cheap. Unless of course you could adapt to a Filipino lifestyle. I'm planning to retire in 6 months. I'm budgeting 10k USD for myself. I don't know about my wife. we have separate finances.
Filipinos Medical doctors who did internship in US hospitals and have further specializations, PF average ( professional fees) can go beyond few million a month not including the medical office private consultations. Philippine trained specialists makes about half that. Yes, govt hospital MDs have standard rate of around 100 to 250k a month but they also have medical office for private consultations which can add another 200k+ a month plus private PFs.
Can i suggest to dry the dog with its own towel and hairblow dryer after bath so it will not end up with kennel cough. It is not a washed laundry to be put under the sun to dry. Tku.
I think you have miss the Medical espenses with the monthly budget in living in the Philippines. Most people there dont get medical check and only goes to doctor when they are already sick. Medical insurance is quite hefty in the Philippines.
That’s what I was told by all the RUclipsrs USD $1500 minimum $2500 is what you want $4000 you live like a king While Filipino say all you need is $500 a month
our water bill in CA is $145 and electricity $350 can you imagine how expensive to live in US. My wife is an American. I'm a Filipino . We are looking forward to retire in 10 yrs in PH. for foreigner I think $1000 a month is enough to live comfortably. When I was still living in PH It cost me $200 a month that was 2010 but due to inflation maybe $400 is enough.
Your wife will definitely leave you if you spend only $400 a month. Try $1500 to $2000. I'm sure she's got conveniences and standards $400 will not be able to cover.
Cost of living much less in Florida. But if you have no debt (paid off house) I think you could easily swing $1000 a month and live quite well in the Philippines.
But we as foreigners would never live like them. Plus their costs are less/.. My inlaws home is NOT ok for me. Id have it redone just on principal. My sister inlaws apartment is small but nice I mean small. Only my sis uses ac the main house they do not. And she takes care of Dad so ac for him is a must. Only monies they spend is on the metal roof just the most needed the rest is well used up. But they are happy raised a family and own the home. In a busy caloocan side street I love the activity. But the noise on viber calls is wow. ear plug time. they definetly live differently. Sis who lives in family home is a doctor, with 3 growing kids.
I'm 62 and plan to relocate in the Philippines. My only concern is medical and hospital access. And how do you travel to and from the other Philippines islands.
yes, if you're willing to live a Filipino lifestyle. No air con, no western food, no drinking, etc. The best I could do was 1300 usd one month of trying to save, that was with no rent payment and not going out. I still had aircon, jim beam whiskey, chicken, vegetables, salmon, shrimp, foods rotated every other day or so. Paid electric, wifi, cell phone, allowance to my girl of 300 usd, food for me only for the most part.
Unless you are super wealthy in the Philippines and something catastrophic happens to you heart attack stroke and the like you will die. Or sent home to die. I have visited the Philippines many times l have a partner there and built a house but l can never afford to live there only visit with travel insurance. Not rich forget about it if you live to be 80 you will be paying at least a$1000 a month insurance and not be covered for full care period 🇵🇭❤️🇬🇧
Wow,a union construct worker can make more in a week than a Govt doctor makes in a month????? Hence earn USD but spend pesos,,,looking forward to spending pesos.
Prices of US goods aren't much cheaper than the US. Running an air conditioner all day will still run up a $200+ electric bill. So you still have to pay attention to your spending. Can't go as crazy with money in the PH as you can in Thailand, Vietnam, etc.
A Livable Cost of living for a local in a typical Metro City like Cebu or Davao is around 50,000 - 55,000 as an individual. Good enough to eat high quality food. I emphasis in good quality food and not the ones that are deep fried, sugary ones or high in fat because your cost will tend to balloon a bit when you pay attention for a healthier meal option. Then, being able to travel at least outside the country and able to pay rent, or buy some of your hobbies, Invest probably in stocks or crypto or maybe save up for a car. Factoring in inflation and taxes, this amount should suffice. 60,000 is a very comfortable amount in a typical city like Cebu or Davao to match it’s living standards and then save up for insurance. 80,000 - 100,000 php is an upper class income with diversified assets. For sure, one can survive 20,000 - 25,000 granting if you really want to live a very simple life and nothing else especially in smaller cities and smaller towns but if you’re an individual who’s hungry for growth, wanting to have more experiences in life, this amount won’t cut it.
Great video. I don't think many people in the US under 30 could answer this question. The young people in your video are quite financially literate. Impressive!
This is very valuable information especially to any foreigners who are thinking of moving to the 🇵🇭. Thank you for sharing ✌🏾
For 2 of us with a little travel and eating well,better than i did back in Canada we are just under 40K a month and that includes A/C and listening to the waves each night and still 20 minutes from a newer private hospital. I retired early and living well thanks to a good filipina
I really enjoyed this show, without fast-forwarding. I listened to every word. And I will rewatch this for sure. Even right now, I AM going to re-run this episode.
😂
It's good to see Laura opening up more now with you on camera.
Now that was a very informative and insightful video. Thank you.
Thank you for an interesting video! Please Slow down with your questions 😂 Let the doctor answer your first question and continue talking and he will give you more info. Please don’t say “ so range is 60,000 to 150,000” just Ask him what he thinks the range is with an open ended question and let him answer. Thanks again for a great video 😊
He is asking for the range not for the specific amount because he doesn't want to be rude to figure out how much in taxes they pay...."just Ask him what he thinks the range is with an open ended question and let him answer. " you just reiterated what he exactly has done.
I think cost of living in the Visayas and Mindanao regions are way cheaper than Luzon. For me, who is from La Trinidad, Benguet, our family's monthly expenses add up to 25,000 to 26,000. This amount includes internet, electricity and water bills and food only. If you need a doctor and meds, it is another expense.
How many people?
You need to do a video about this fine young man's family's eatery at the SM Mall.
You’re so RIGHT. The cost of living here is very low. If someone wants to live an affordable lifestyle, it’s very easy to do so here.
I’m an American but live a hybrid of a Filipino lifestyle here south of Manila. I live a very comfortable single lifestyle, very nice, but not extravagant or anything.
My average monthly cost of living is PHP 14,000 ($250 US a month). I’ve been living here for over 7 years at this same cost of living.
I did a video on my channel with my cost of living breakdown and also a video showing my very nice PHP 4000/month 1 bedroom townhouse apartment.
Life is MUCH BETTER in the Philippines.
❤
$250 a month? Wow, you are one savvy budgeter. $250 is what I pay for my tv/internet/cell phone alone (per moth) in the west.
good luck to you,hope to be doing same one day when i move to phils.
@@okamsug It’s easy to imagine things are cheaper here. More difficult is to imagine that you may be living in a country where everything is outrageously expensive. They talk a lot in the U.S. about overpriced medicine and medical care, but I believe everything there is outrageously overpriced. Here, it cost me 2 pesos (.04 cents) for a 24-hour antihistamine tablet… 4000 pesos ($71) for a nice, modern one bedroom townhouse apartment… 1000 pesos ($18) for utilities. It is not that I am frugal or anything, it’s simply much much cheaper to live here. That being said, it is not a guarantee, it’s a process. Anyone can spend a lot if they choose to or end up in a relationship with a gold digger.
@@cloonz25 It’s a process, not a guarantee. I chat about this in my video Rich Filipino Poor Americano.. based on my own experience.
@@okamsug we paying $350 for just electricity in CA
Huge help...........Philippines here i come!!!!!
Don't believe this nonsense at all! There, it's a big difference in visiting there for a while and living there until you die. Go look at what health insurance cost, which most foreigners pay out of their own pockets because there is a cut off age when you can't get it. Also if you read the fine print you will find it really doesn't cover you for much. You will see that the cost is going to be around $500 to $600 U.S.D. per month. So this will give you a true idea of what to save per month to put away to be to able pay out of your own pocket. So that kind of kills living on the $600 U.S.D. per month nonsense. Then there is the skin tax that you will pay and yes it is real. Electricity bill is cheap for them because they work 6 days a week, by the time they get home the hot part of the day is over and they turn on the fans to get the hot air out. They have small refrigerators because they shop every day for food. Many homes have no hot water to heat up, so all this cuts down on their electricity bill. What most people leave out that the beach is not free. Then there is the cost of paying for a visa. The list goes on and on. So if you think you are going to live a normal life on just your S.S. it's not going to happen.
@@lifeshacks3995 then dont get insurance. as for your other points, i agree
Married to a Filipina it’s better to have her canvass for a nice place to rent because if your a foreigner the price doubles it’s just the way it used to there nice as the folks there are they take advantage and speak the language to negotiate prices
First time I've seen Filipinos interviewed about expenses. Province prices are very nice. I think they tend to have around 3 children per family in the countryside. I'd say in Manila it's usually 2, sometimes 1.
What a great conversation with locals… The cost of my mortgage and electricity is enough to live comfortably for a month there… Looking to get out of the rat race here in the USA… Taxes , crime, and food prices are just about to break the average American… Thank you for your perspective…
Great info thank you bro it sounds like i will be good with $500 - $1000 a month
If u can eat banana. Ketchup spaghettti.
I would say $1000 a month is very doable, BUT you need a decent buffer for emergencies $50-100K+
😂 you realize the locals eat the same every day and don’t do anything…. No you can’t on $500 😂
Try 3k USD a month. unless you wanna eat the same shitty food over and over again. It will be sardines and ramen for you forever. I'm budgeting 10k USD/month and im a Filipino who grew up in the worst slums of the Philippines. To lived comfortably like how you lived in the USA its actually 1to 1 ratio. You can live with that money if you can adapt a Filipino lifestyle. meaning eating dried fish, canned goods, renting a bedroom with no cars. who would want to live like that forever.
Doc you don't make enough; but I respect your honesty on income. Maybe you actually earn more; but you deserve it.
Yea he was explaining what average doctors earn, he has many businesses and is the specialist doctor for many hospitals so his income is different
Michael, that was a refreshing take on budgets from the other side of the fence. Thank you.
Love your videos. Keep them up. You continue to show us where help is needed. You already know from my previous comments that my wife is from the Philippines and we were married in Cebu City. Maybe not; because you have to keep track of so many subscribers. We try to keep up with your adventures. We so much want to help the people of the Philippines and your efforts to help whom ever you can. We live close to Toronto and visit the Philippines as much as possible. Soon to be there permanately. Looking forward to meeting you.
Great video with true prices , some people do videos saying $2,000 American dollars per month min , Crazy ..
It depends on what they want to do while living there. If you want to travel within the country and eat out a lot then you'll need more. It also depends where you live in the country. If you live in Manila, Cebu and other big cities, everything will be more expensive.
Because those people are living in BGC, Makati or Cebu IT park. To live a good life there you need 1k+ a month. If you are traveling a lot then 2k a month is easily required. Also remember that foreigners have to pay immigration fees and other extra costs that Filipinos don't have to pay. Also they live in way poorer conditions than most foreigners living there.
If you want a more western life...ac all the time, western foods, eating out more $2,000+ is probably right. Electricity in the Philippines isnt cheap in most places.
You dnt have correct Micheal he doing a awesome job asking questions and so Micheal Philippines is a gold mine to forginers the average forginer can survive good over there for a budget of two thousand or 15hundred USD a month great vedioe by the way
Thanks for this video. Wow. It really puts it into perspective. Can’t wait to pull the trigger and move full-time. Hope to come by for another Beaver Burger.
Water and electricity bills are the main fixed costs here. Back in Vancouver, it was house insurance, mortgage, property taxes, ICBC car insurance, income taxes, CPP/EI deductions, carbon taxes on the most expensive fuel in all of Canada, PST+GST on top of everything we bought. Natural gas to heat our home, even during the summer since at night it gets down to 10c.
Its so refreshing to live here in the Philippines. Warm weather year round, no housing costs beyond what we paid to renovate our house, miniscule amount of property tax. Fuel half the price of Vancouver.
Its just a different world out here, where we can actually live, instead of barely survive financially.
Strict immigration laws on Indians, Chinese, and Africans over here.
I wouldn't want to be in Vancouver. I live in a small town of about 16, 000 people about 1 1/2 hours southwest of Toronto to purchase a new house is around $800,000 to $1, 100, 000 plus taxes, plus electricity, plus water & sewage and a lot of hidden taxes.
Living in the Philippines 6 months each year, we pay around 35,000 property taxes each year. Car insurance, around 24K per year. Electricity, 6 to 7 k per month. Groceries, around 5 K per week. Plus the travels and eating out…
Owning houses and cars for both countries, we barely can afford it. We are thinking to sell our house in the Philippines, and just buy a condo. That way we wont have a big yard to look after any more, and can save 8K for the caretakers salary…
I'm guessing you mean in Pesos?
Cost Of Living videos are always the best.
Thanks!
Keep on sharing the great content. As a future Expat I am learning a lot from your vids
There's a RUclipsr out there making videos saying that you shouldn't move to the Philippines if you earn less than 3K USD/mo. He talks a lot about inflation and health insurance and you should use a good portion of that money to get the best one. Why the hell would you move to the Philippines worrying about inflation and health insurance? As someone who grew up in the Phils living on less than 200 bucks a month, his videos are just laughable. I've been "westernized" now after living in the US for over 20 years but I'm 100% sure that I can still live comfortably in the Phils for less than a thousand.
Yes, you could still easily live in the Philippines with less than 55,000 pesos a month.
@@Livinginthephils65 Agree. Maybe 1200/mo for pure westerners. As mentioned, I grew up in the Phils and I can still eat/shop like a local with no problem.
True❤
Keep in mind its also situational, $1200 US a month might be a problem if you have very little buffer for emergencies and unexpected bills. If you have like a $100K+ kind of buffer then a tighter monthly income like $1200 is less of a problem.
Living for less than 1k us? You are joking right? That’s why u moved to A 3rd world country to live like that??
Nice to have the Filipino perspective on living expenses! 👍
I agree that westerners moving here could live more economically (notice I didn't say CHEAP?) if they scaled back and lived more like the locals.
If I didn't need to travel from Pampanga (San Fernando) to Metro Manila each week, I probably wouldn't have bought a car. A scooter would have worked.
But we're living in an upper middle class gated neighborhood, because my Wife and Step-Daughter are accustomed to easier living conditions (her family is upper middle class), and I was living an upper middle class lifestyle when I retired.
So we're comfortable, definitely not rich, in our lives.
Thanks again, Michael 👍
Glad to here you can live cheaper than what I have been hearing from other videos. Tks Tim
When you are talking about western expats, especially retirees over 71, health insurance can be 600+ usd per month, IF they will agree to insure you at all. Also, one might not be fit enough to ride a scooter and will a car or transportation, So, age makes a big difference.
Yes. The health costs are not mentioned at all, and for 'retirees' this is fundamental. Medical, dental, ongoing prescriptions.. this could be half of any budget. It needs to be addressed.
seriously, be fit, no excuse
@@pete531 One can be fit and sick or disabled at the same time.
BRAVO BRAVO. some of your best work Sir.
the editing was spot on btw.
I do like that video, It will help a lot of people to make up their mind
Trying to figure out why I enjoyed that video so much. 👍
wonderful vlog. cost of living is in a place is reality for locals or foreigners. very educational, infotainment!.
MAn they are so polite always using Sir, I see that a lot.
I live in a bungalow close to the beach in Bacong and I live comfortably on 65k a month.
One of your best videos yet. Thank you!!!!
Great video I am Canadian living in Ottawa but intend to move to Philippines within the next 2 years. I am married to a Filipina.
great info, so useful in understanding the life there.
Thank you for this information! I am looking to retire there close to a beach. Wow is that your daughter she is beautiful !! God bless you and your wife !! 🙏
Was one of the best vids ive watched to get a perspective on a monthly cost there.Thanks Mike.Hope to be seeing u at beaver in September from UK.
My wife and I will be visiting your restaurant in November from Cambridge Ontario Canada.
Exceptionally good video. I’m from the states and live in China. I’m a little different than most considering my daughter is 10 and goes to an international school that costs 20k usd per year…we spend about 48k a year….after the daughter’s tuition we live a good life on about 28k a year
Many of my co-workers(Chinese) are living happily on much much less. Some of the greatest people I’ve ever met in my life and they’re not short on money. Cost of living and keeping up with the jones is the biggest money drain you can imagine.
Great video! Man, I'm in Vietnam right now and thought living off $1000-$1500 was insane. I might have to head to PH! Also, holy crap your kid is so freaking cute! I hope I can catch up and find a lady so I can have a son/daughter of my own! You're living the dream!
Great video …. Thank you
Great video , thanks!
Good upload and great info BUT I think westerners also need to count for medical bills, visa costs and of course, skin tax. It can certainly be less than some videos would have us believe but it’s also going to be more than the average entirely Filipino family.
Great video!
Excellent totally in line with what i've been hearing from Ex Pensive Expat!
Thank you for the video man, it was really helpful. I am a poker player that makes 1-3k per month and here i cant leave my part time job, it looks that i can live without stress of having to win there. I was looking into Thailand and it looks you need 1k+ to have a good life there and i think those countries are very similar except the tourism.
We are living off of 55k a month in Baguio (family of 3), except no rent (paid off), no car payment (paid off)
$444 a month to cover everything is just wild and unheard of here in America. This was a interesting video. I would be a billionaire in the PI.
Thanks for the info first time here. I have been looking how much it costs for 2 people to live there for a month for my wife and myself although its not about to foreigners cost of living there it was a wide enough range.
Thanks for the video I’ve been hesitant to ask my ldr girlfriend what she spends with her family a month. I just didn’t think it was appropriate.
The kid at the end is so cute 😩
Great perspective 😊
Watching this video reminded me of a documentary i watched many years ago, It was about the nurses had to pay some of their salary to the doctors just to keep their job,
I think you can live really cheap here if you want but fore a foreigner you need to add visa costs and skin tax at least, think also the costs off aircon ore the use off it ( you cant expect a fillipino to have no wintercoat in Canada)
Recently the Philippines administration voted for a whopping php30 (50¢) per day minimum wage increase. My opinion is that was insulting especially after the vote the politicians get into their $60,000+ vehicle and drive to Tony Roma's for $100+ lunch
After the minumim wage increase inflation also high as the same time
So many beautiful girls all around the Philippines and you found one a real maliit one like maybe 4,9 - 4,11, but mostly more average is about 5.- 5.4 feet anyway 5.6 is above amd 5.9 is tall real tall I found one and pretty too hehe, cost me over 10 years enjoy live !
This resturante whats it called, with the 3 girls greeting folks? Amazing video by the way
Good video, it makes sense to me to look at the budgets from a different perspective.
Wow the place becoming nice now there ,i just seen the video when you entered there ,nice to see this video ,ye on alot vlogers the say need ad least 1000$ amonth ,and i think itcan be cheaper ,if i can already live in Belgiumwith 1100 euro/month one of the biggest taxes countries in europe then i sure can live there alot cheaper then 1000$ a month and safe the rest to build a nice home after i would be maried then you just have to pay the goverment taxes for the house and the lot and have no more the monthly cost for renting and if put sunpannels on the roof ,you even safe alot more money ,take now sunpannels full set 450 wath is in philippines only 550 a 600$ (watch marketplace philippines) with enough baterys you even no more need electricety from compannys and if a blackout happen you stil have electricity even in rain season when there is no sun ,for water even can use IBC containers conected to eachother put in the ground to have your own watersupply ,for toilet and washmachine ,dishes ,it all depend how carfull you are with your money ,if you trow with it ye ,you can spend alot
I live in the Philippines and most westerners including myself could not live on less than $1,000 a month. Maybe a single guy could do it. You have to be honest about it. Hardly any westerners could live on 40,000P a month. I'm not wealthy by western standards. My wife and I live on $1,800 a month very comfortably in Davao City. Just my opinion. Thanks
True. Coz the western lifestyle is still there. You're number is still quiet low compared to living in the west.
If I am hearing them correctly, 6K Peso for rent per month. What kind of house and size is that? I can't find anything remotely close to that on Facebook or realtor websites. All I am seeing are 15K to 35K for simple apartments. I just want a 2 bedroom house when I move in Dec
It's proportional to what an average Filipino makes in a month. Many Filipino families live on properties for free that rich Filipinos own and do work for the rich in the Philippines.
@robert
Depends on the location, try searching Pililla, Rizal, its where the windmills are, there are plenty of beautiful places easily reachable, it’s quite, nature living, accesible by transportation, I live there😍
Good and nice informative video, question: I got friend in the Philippines (mindano) she’s living with her child in a house. She says she has a bill of 5k peso is that even right then?
Great video by the way.. I think also you'll find that foreigner's pay a little more because they are foreigners. If you were a Filipino, you would tend to get a Filipino rate on various things.
Very informative. Where are you, Roxas City? Is that Luzon, Visaya or Mindanao?
The one thing that will cost an arm and a leg is Healthcare particularly for seniors or those with medical conditions. If you get into a kidney failure and do dialysis for instance, it will cost a lot.
This is the kind of stuff i need to know
Last year a few US retired expats who have been settled here for a few years - 1 has been here 7 years and has made an $80/mo. 1 br apartment "his" by completely westernizing it to his liking ! -- A somewhat frugal lifestyle but not wanting for anything is costing them about $800 -- $900 / mo. most months for essentials -- w/o travel and they don't drink or smoke. Includes medical and visa fees. (early 60's) Some are in Lipa City and others are in Trace Martires ! Many other areas have the potential for the same low cost living with some effort.
I grew up in the Philippines. Work most of my life in the USA. For a lifestyle comparable to the USA. You need at least 10k USD. Philippines is actually more expensive than USA. When it comes to food, clothing and materials. Most of the stuff is imported. Labor is the only thing thats cheap. Unless of course you could adapt to a Filipino lifestyle. I'm planning to retire in 6 months. I'm budgeting 10k USD for myself. I don't know about my wife. we have separate finances.
Filipinos Medical doctors who did internship in US hospitals and have further specializations, PF average ( professional fees) can go beyond few million a month not including the medical office private consultations. Philippine trained specialists makes about half that.
Yes, govt hospital MDs have standard rate of around 100 to 250k a month but they also have medical office for private consultations which can add another 200k+ a month plus private PFs.
Can i suggest to dry the dog with its own towel and hairblow dryer after bath so it will not end up with kennel cough. It is not a washed laundry to be put under the sun to dry. Tku.
Lol…for me it’s the California public school system. $10k dollars is over $500k pesos. I like $5k for a good used car. 🤘🏼
I caught that one also😮😊
Great video. Go somewhat local to the degree that you are comfortable with. And learn from the locals. When in Rome, do as the Romans do.
P250k is not $10k, it’s $4,464 at $1-P56 exchange rate.
Hmm I don't think we had any examples in this video of P250k except my one friend who spends 250k USD a year. Which part are you referencing?
@@ThatPhilippinesLife13:41 You talked about purchasing a used car for P250k.
@@J-Tyson558 oooh now I remember you are right I it's $5k uad approx. Even better
Where is that in Philippines? I’m looking for retirement places for long term. Any recommendations?
Wow 👋
I think you have miss the Medical espenses with the monthly budget in living in the Philippines. Most people there dont get medical check and only goes to doctor when they are already sick. Medical insurance is quite hefty in the Philippines.
There's Phil health insurance in the Philippines.
I think most locals rely on the national health insurance (Philhealth).
I live on a 60k budget but that's in Metro Manila
The Australian old age pension is about $1400usd a month and many RUclipsrs say you need $1500 to $2000, to live comfortably in the philippines?
That’s what I was told by all the RUclipsrs USD
$1500 minimum
$2500 is what you want
$4000 you live like a king
While Filipino say all you need is $500 a month
our water bill in CA is $145 and electricity $350 can you imagine how expensive to live in US. My wife is an American. I'm a Filipino . We are looking forward to retire in 10 yrs in PH. for foreigner I think $1000 a month is enough to live comfortably. When I was still living in PH It cost me $200 a month that was 2010 but due to inflation maybe $400 is enough.
Your wife will definitely leave you if you spend only $400 a month. Try $1500 to $2000. I'm sure she's got conveniences and standards $400 will not be able to cover.
@@phoenix5054 you dont know my wife u are too dumb to assume
Cost of living much less in Florida. But if you have no debt (paid off house) I think you could easily swing $1000 a month and live quite well in the Philippines.
Hi can you tell me where this video was filmed the province please 🙏 also is that your own home you have built? I enjoyed your video
Roxas City Capiz :)
But we as foreigners would never live like them. Plus their costs are less/.. My inlaws home is NOT ok for me. Id have it redone just on principal. My sister inlaws apartment is small but nice I mean small. Only my sis uses ac the main house they do not. And she takes care of Dad so ac for him is a must. Only monies they spend is on the metal roof just the most needed the rest is well used up. But they are happy raised a family and own the home. In a busy caloocan side street I love the activity. But the noise on viber calls is wow. ear plug time. they definetly live differently. Sis who lives in family home is a doctor, with 3 growing kids.
I'm 62 and plan to relocate in the Philippines. My only concern is medical and hospital access. And how do you travel to and from the other Philippines islands.
@@jimholley2697 St Luke's in BGC is considered the top of the top. Some good ones in Iloilo and Davao also
@@jimholley2697 and travel.is fastest by air usually 30-45 min anywhere. Boats can take a long time if far apart
Out of curiosity, you said he's one of cooks. Do you own a restaurant or just your personal cook?
The minimum wage is around 500 pesos a day.
How long can you stay. I am very interested
Long term?
I guess I can live there as a doctor once ready to go
For me 50k with house with car with wife with 2 kids is enough...maybe its equivalent to 200k in US or Canada which is expensive.
Who else is TEAM MARCO here?
yes, if you're willing to live a Filipino lifestyle. No air con, no western food, no drinking, etc. The best I could do was 1300 usd one month of trying to save, that was with no rent payment and not going out. I still had aircon, jim beam whiskey, chicken, vegetables, salmon, shrimp, foods rotated every other day or so. Paid electric, wifi, cell phone, allowance to my girl of 300 usd, food for me only for the most part.
Girlfriend allowance $300 USD a month?😂😂😂
Unless you are super wealthy in the Philippines and something catastrophic happens to you heart attack stroke and the like you will die.
Or sent home to die.
I have visited the Philippines many times l have a partner there and built a house but l can never afford to live there only visit with travel insurance.
Not rich forget about it if you live to be 80 you will be paying at least a$1000 a month insurance and not be covered for full care period 🇵🇭❤️🇬🇧
250,000 pesos is that like $5000 USD not $10,000 USD?
Yup, less than $5000 USD.
very interesting perspective
The locals can live on about $500 US per month. That's really inexpensive.
Wow,a union construct worker can make more in a week than a Govt doctor makes in a month????? Hence earn USD but spend pesos,,,looking forward to spending pesos.
Prices of US goods aren't much cheaper than the US. Running an air conditioner all day will still run up a $200+ electric bill. So you still have to pay attention to your spending. Can't go as crazy with money in the PH as you can in Thailand, Vietnam, etc.
Are those other restaurants near to the Beaver? They are nice looking... Good income reveals...
I haven't watched this channel in a while. So now there's a wife and a kid? :)
She’s so cute.
A Livable Cost of living for a local in a typical Metro City like Cebu or Davao is around 50,000 - 55,000 as an individual. Good enough to eat high quality food. I emphasis in good quality food and not the ones that are deep fried, sugary ones or high in fat because your cost will tend to balloon a bit when you pay attention for a healthier meal option. Then, being able to travel at least outside the country and able to pay rent, or buy some of your hobbies, Invest probably in stocks or crypto or maybe save up for a car. Factoring in inflation and taxes, this amount should suffice.
60,000 is a very comfortable amount in a typical city like Cebu or Davao to match it’s living standards and then save up for insurance. 80,000 - 100,000 php is an upper class income with diversified assets.
For sure, one can survive 20,000 - 25,000 granting if you really want to live a very simple life and nothing else especially in smaller cities and smaller towns but if you’re an individual who’s hungry for growth, wanting to have more experiences in life, this amount won’t cut it.