Cost of living in Clark Freeport
Clark Freeport, located in the Philippines, is a bustling area known for its economic activity and vibrant lifestyle. Understanding the cost of living here is crucial for anyone considering moving to or doing business in the area.
This guide provides a detailed breakdown of the cost of living in Clark Freeport, covering essential categories such as dining, housing, transportation, and more.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $8.48 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $20.36.
- Domestic Beer (0.5 liter draught) - A domestic beer costs approximately $4.24.
- Imported Beer (0.33 liter bottle) - An imported beer is priced at about $3.39.
Grocery Prices
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.20 and $0.22.
- Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) - A new Volkswagen Golf costs approximately $22,735.37.
- Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) - A new Toyota Corolla is priced at about $19,172.36.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $424.17.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $848.33.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is approximately $3,223.67.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost around $101.80.
- Internet - Internet services average $28.83.
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.
Cost of Living Data
Restaurants
Restaurants
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Buy Apartment Price
Buy Apartment Price
Childcare
Childcare
"Key Takeaways"
Clark Freeport offers a relatively affordable cost of living compared to many urban areas. Dining out is reasonably priced, and transportation costs are low, especially for public transport.
Housing is affordable, with rental prices for apartments in the city centre being quite reasonable. Utilities and internet services are also cost-effective, making it an attractive location for both residents and businesses.
Conclusion
In conclusion, Clark Freeport presents a cost-effective living environment with affordable housing, dining, and transportation options. Its economic advantages make it a desirable location for individuals and businesses alike.
Whether you're planning to move or invest in Clark Freeport, understanding these costs will help you make informed decisions and manage your budget effectively.