Cost of living in Albay

Albay, located in the Philippines, offers a unique blend of natural beauty and cultural heritage. Understanding the cost of living in Albay is crucial for both residents and potential newcomers.

This guide provides a detailed breakdown of expenses in Albay, including dining, transportation, and other essential costs, to help you plan your budget effectively.

Cost of Living Summary

Dining and Restaurants

  • Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $2.55 on average.
  • Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $10.18.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $2.55.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $0.85, imported beer $1.36, cappuccino $1.7, and Coke/Pepsi $1.36.

Transportation

  • Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.22.
Worldwide
Philippines

Cost of Living Rankings

The cost of living indices for Philippines are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Philippines, covering factors like consumer goods, rent, and purchasing power.

Highest to LowestUpdated: Jan, 2025
Manila
1. Manila
Philippines

Cost of Living Data

The following pricing data has been gathered from 3 user contributions, as of the most recent update in April, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$2.55
Meal for 2 People, Mid-range Restaurant, Three-course
$10.18
McMeal at McDonalds (or Equivalent Combo Meal)
$2.55
Domestic Beer (0.5 liter draught)
$0.85
Imported Beer (0.33 liter bottle)
$1.36
Coke/Pepsi (0.33 liter bottle)
$1.36
Water (0.33 liter bottle)
$0.25
Cappuccino (regular)
$1.70
Transportation
Avg / Range
One-way Ticket (Local Transport)
$0.22
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$174.05
OverviewJob Market
Albay Cost of Living

"Key Takeaways"

Albay offers a relatively low cost of living, especially in dining and transportation.

Affordable dining options make it easy to enjoy local cuisine without breaking the bank.

Public transportation is very economical, making it a viable option for daily commuting.

Conclusion

In conclusion, Albay presents an affordable living environment with low costs in dining and transportation.

This makes it an attractive option for those looking to experience the Philippines without high expenses.

Whether you're planning to move or just visit, understanding these costs can help you manage your budget effectively.

Albay

Nearby Cities

Legazpi15 miles
All cities in Philippines