Cost of living in El Nido
El Nido, a picturesque town in the Philippines, is renowned for its stunning beaches and vibrant marine life. Understanding the cost of living here is crucial for both residents and visitors.
This guide provides a detailed breakdown of expenses in El Nido, covering dining, housing, transportation, and more, 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 $5.10 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $27.18.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.27.
- Beverages (e.g., Coke/Pepsi, Water) - A 0.33 liter bottle of Coke/Pepsi costs between $0.85 and $1.70, while water is priced at $0.85.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $424.66.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $407.67.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $883.29.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $679.46.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $2683.86.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $2412.07.
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
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Rent Per Month
Rent Per Month
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
El Nido offers a relatively affordable cost of living compared to major urban centers, with moderate rental prices and dining costs.
Housing is reasonably priced, especially outside the city centre, making it an attractive option for long-term stays.
Dining out is affordable, with a variety of options ranging from casual eateries to mid-range restaurants.
Conclusion
In conclusion, El Nido provides a balanced cost of living, making it an appealing destination for both expatriates and locals.
With its affordable housing and dining options, El Nido is ideal for those seeking a cost-effective lifestyle in a beautiful setting.