Author Topic: How much do you need to live in philippines ?  (Read 231 times)

Offline Craig22

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How much do you need to live in philippines ?
« on: October 03, 2018, 12:41:06 PM »
How much could you live off in the Philippines ? .Would 800 pound a month be enough for some one single ? I'm just looking for a long term break from working in the UK.

Offline sussexrob

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Re: How much do you need to live in philippines ?
« Reply #1 on: October 03, 2018, 07:18:19 PM »
Craig, I have just returned to the Uk from a months break in the Philippines.  Personally I think you would be ok, a lot depends on where you are and how you want to live.  Do you intend renting a small place while there??  You can always find a nice pension house with breakfast included in the provinces, the longer you stay ...the less you pay.  Getting about is cheap , food is cheap enough.  My wife and I are lucky because we already have a house there, so it is easier and cheaper for us, but when I have stayed previously I found a really nice pension house which even now is 750 php a night ( thats for the room..good for 2 persons.) but if you offered to stay for a month it was available for 500 a night.  This is 14000 php a month which would be about a quarter of your budget.  Living sensibly you could get by no problem in my opinion, others might say different.  Let everybody know where you wish to be, there are plenty of guys on here willing to advise you.    Good luck.

Offline FastWalk

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Re: How much do you need to live in philippines ?
« Reply #2 on: October 03, 2018, 09:40:35 PM »
How much could you live off in the Philippines ? .Would 800 pound a month be enough for some one single ? I'm just looking for a long term break from working in the UK.
That is a popular question.  It is all about what living means to you.  I always hate when I ask a question and then ppl say,  it depends...   

I know a lot of ppl (Filipino) that live in the Philippines, send their kids to school and enjoy there weekends all on about 10k peso or less per month,  about $185 or about 150 pounds.  I know others that burn 500k peso on lifestyle choices every month.  The ppl on the lower budgets however have close relations with each other and there emergency fund is each other.  For a foreigner you need to have your own emergency fund (in my opinion),  enough to either fly back to your other country to be able to take advantage of social services or other help if needed.  If things go badly and you need to leave for safety so keep an emergency fund.  If the emergency fund ends up gone for some reason,  then consider to leave.

The 50k+ peso per month you suggest will place you far ahead financially of the typical province family.  In Manila however it is common for smart local workers in companies to earn more than that.

One scenario is that you meet a young lady while there and then decide to live on/in her family house for a while.  In that case rent will be nothing,  but the trade off is that you would be then a member of that family and expected to contribute all you can to what is needed within.

The more details you share the better the advice will be.
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Offline JoeLP

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Re: How much do you need to live in philippines ?
« Reply #3 on: October 03, 2018, 09:55:07 PM »
I live on about that right now.  BUT...
The house is paid off.
The wife manages the market and we get deals on stuff she buys.  Not always, but by far often enough. 
All our vehicles are paid off to get around.
I choose in many ways the "local life" as a way to live.  About the only thing I refuse to do is live without AC.  It's on in our home most the day everyday.  In the heat of the day only in the "bedroom suite"...but the rest of the house at night.
The wife owns one of the two biggest catering services in the area(mid northern samar).
We live in the province and save good money that way.
So we have things that are saving us money and extra income.

But, we also are raising 3 boys.  2 in high school and one that is 3 in November. 

In the end a lot depends on how you desire to live, where you are going to live, the costs of the home you desire to live in, and you desires for transportation.
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Offline Lee2

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Re: How much do you need to live in philippines ?
« Reply #4 on: October 04, 2018, 02:04:16 AM »
I would recommend you make an introduction post in the MEET Your Neighbors section telling us where in the Philippines you intend to live and some about how you intend to live, only then could you get real answers.

:) Happily married since 1994 & live part of the year in Cebu and the rest in S. Florida.

Offline Hestecrefter

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Re: How much do you need to live in philippines ?
« Reply #5 on: October 05, 2018, 12:07:56 AM »
Lee is absolutely right.

With the information provided (almost none), not much of use can be said. 

The OP speaks of a "long term" break from work.  For many (me included), a long term break from work would be 6 months.  But perhaps the OP is thinking of something more like 6 years or 60 years.

If the idea is that the break would be indefinite and might end up permanent, many questions arise, such as:

What is the source of the 800 quid?  Is it some kind of pension?  Is payment guaranteed?  For life?  Is it indexed for inflation in the UK?  Does the recipient have other assets to which resort may be had in a pinch?  What is the age of the recipient?  Any prospect that the recipient might marry in the Phils and the £800 will have to support a family as well?

Perhaps most fundamental is what kind of lifestyle does the OP envision? 

A few months ago, someone here posted this link to a news item about Phils minimum wage:

http://cebudailynews.inquirer.net/179509/wage-hike-not-enough

The report said, in part:

"When the new wage order takes effect, the new minimum wage in Class A areas is P386 from P366; Class B will have a P348 daily wage rate from P333; Class C areas will get a P338 daily wage from P323; and Class D will have a new daily wage rate of P323 from a previous rate of P308."

Let's round up those numbers up generously to P400/day and assume one gets in 20 working days in a month, that comes to P8,000/mo. or about £115/mo.   So, by that standard, the OP is good to go!

In just about every country in the world there are people getting by on next to nothing, while others can blow through a million bucks a year.  As FastWalk said:

That is a popular question.  It is all about what living means to you. 


And noted by another learned member:

In the end a lot depends on how you desire to live, where you are going to live, the costs of the home you desire to live in, and you desires for transportation.


Some are content to live in a rented nipa hut in the province, not to own a motor vehicle, not to eat at the Marco Polo buffet in Cebu, not to have a maid, not drink good wine or single malt scotch, not to have A/C, not to travel outside the country (or much within) etc.  For others, that's existing, not living.  So you have to define your expectations.

Another consideration is unexpected illness (or any emergency, as mentioned by FastWalk).  Yes, medical care in the RP is cheap compared to a lot of places, but it can still add up.  One needs to have some reserve (or insurance perhaps) for such an eventuality.  Those making minimum wage in the Phils tend to go without.  Most of us would not be content with that.

I'll be honest and say I am not the best one here to answer the OP's question:

How much could you live off in the Philippines ? .Would 800 pound a month be enough for some one single ?


For me, the answer would be in the negative.  Could I manage on £800 if pressed?  Yes, and even less if no choice.  Would I voluntarily do such a thing?  No.  But, as some here have said already, there are many living in the Phils on a good deal less and they seem to be satisfied.  In the end, it's not what anyone else thinks about how one should live.  If I cared all that much about how others think, I probably would never have traveled to the Phils to begin with, would never have married a Filipina, would never have moved there (even if only for a few years) and would never have done a lot of other things in life, many of which were not wholly in my financial best interests.  But all worthwhile.

Offline JoeLP

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Re: How much do you need to live in philippines ?
« Reply #6 on: October 07, 2018, 12:08:22 PM »
I should edit some info I gave.  Actually, add more info to it.  While I do live on that budget I mentioned(about the same as 800 quid) it's not all my income, or even Tina's.  We do keep a nice chunk for the savings for anything from hospital visits to some other unexpected emergency or cost.  And we have dipped into that more than a few times over the past 5 years.  Be it for our baby or for one of our family members' visit to a hospital or an quick upgrade, expansion to the house to make more room. 
So honestly, I cannot say that I actually have lived on that budget over the past 5 years.  I'm guessing maybe around an extra 75-100 quid a month on average has been spent on other expenses.  And again, this is with a paid off house, vehicles, and such needs to live here. 
So if you are coming here with expectations to live on 800 quid and that includes your rent/mortgage payement, vehicle/transportation costs and more...it might be a real tight squeeze.
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Offline Big Jim

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Re: How much do you need to live in philippines ?
« Reply #7 on: October 15, 2018, 03:48:56 PM »
It doesn't matter how much you have, you can get by on it in the Philippines. It is just the level of comfort, quality and ambiance that will vary. The more you have, the more comfortable you live.

£800 is about ₱56,000 on the current exchange rate. I can get by quite well on that.

I am not in the Philippines at the moment but will be back in the Philippines in a few weeks. I am renting an apartment near the sea on Leyte with my girlfriend and her son.  I pay all the bills every month. I am paying school fees for a private school, school needs, school clothes, girlfriends clothes, rent, electric, water, food etc. The apartment is 2 storey 2 bedroom about 87m² and about 500 metres from the sea. The bills each month with me not there vary between about P18,000 and P23,000. Living by yourself, you should be able to get by on that amount too for basic expenses. With plenty left over for immigration costs, beer and entertainment.

By the sea on Leyte might be a bit quiet for you though.

You could also choose to live in Cebu City. I can be happy in Cebu City on ₱56,000. That is about what it would cost me to stay in a family room the size of a double garage at the Cebu Century Hotel with maid service, wifi, 95 channels of cable TV and everything else included except for food. Then eating out for every meal, socialising with friends every day, drinking an average of 10 SML per day on Pelaez Street, massage every day, paying immigration costs and travelling occasionally to other islands.   
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Offline David690

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Re: How much do you need to live in philippines ?
« Reply #8 on: October 16, 2018, 05:40:06 PM »
The apartment is 2 storey 2 bedroom about 87m² and about 500 metres from the sea. The bills each month with me not there vary between about P18,000 and P23,000.


As many have mentioned, it depends very much on the lifestyle etc etc.  I could not manage on your figures.  My medical health insurance alone is P18,000 per month.
Londoner at heart

Offline Big Jim

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Re: How much do you need to live in philippines ?
« Reply #9 on: October 16, 2018, 07:57:43 PM »
As many have mentioned, it depends very much on the lifestyle etc etc.  I could not manage on your figures.  My medical health insurance alone is P18,000 per month.
I have an annual travel insurance policy. Has coverage for my pre existing illness. Unlimited medical expenses. Unlimited medical evacuation and repatriation costs. AUD $950 for a year. Or about P3100 per month.
I used to wonder what it would be like to read other people's minds.

Then I got a facebook account and now I am over it.

 


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