Cost of living in Binangonan
Binangonan, a municipality in the Philippines, offers a unique blend of urban and rural living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Binangonan, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.39 on average, with a range between $1.69 and $8.47.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $20.33, with prices ranging from $13.55 to $59.3.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $2.71, with a range between $1.51 and $3.73.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.85 to $1.69, imported beer $1.36 to $4.74, cappuccino $0.83 to $3.56, and Coke/Pepsi $0.59 to $1.69.
Grocery Prices
- Milk - Milk is priced between $1.36 and $2.54 per liter, averaging $1.78.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.85 and $3.05, with an average price of $1.19.
- Eggs (Dozen) - A dozen eggs range from $1.22 to $2.03, averaging $1.92.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.69 to $5.08 per kg, while oranges range from $1.69 to $5.51 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.27 and $4.24 per kg, and lettuce costs $0.59 to $2.71 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.22.
- Fuel (Gasoline) - Gasoline is priced between $0.88 and $1.19 per liter.
- Taxi Fares - Taxi fares start at $0.76, with a cost of $0.25 per km and $2.03 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $169.43.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $59.3 to $84.72, averaging $72.01.
- 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the centre averages $169.43.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $84.72 and $254.15, averaging $132.85.
- Internet - Internet services range from $16.94 to $42.36, with an average cost of $28.63.
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.
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"Key Takeaways"
Binangonan offers a relatively low cost of living compared to major urban centers, making it an attractive option for those seeking affordability.
Dining out is quite affordable, with inexpensive meals available for as low as $1.69.
Housing costs are notably low, especially outside the city centre, with 1-bedroom apartments available for under $100 per month.
Transportation is economical, with public transport and fuel prices being very affordable.
Conclusion
In conclusion, Binangonan presents a cost-effective living environment with affordable housing, dining, and transportation options.
This makes it an appealing choice for individuals and families looking to balance quality of life with budget considerations.