Cost of living in Olongapo
Olongapo, a vibrant city in the Philippines, offers a unique blend of urban and coastal living. Understanding the cost of living here is crucial for both potential residents and those planning to relocate.
This guide provides a detailed breakdown of various expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $4.24 on average, with a range between $2.54 and $11.86.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $25.41, with prices ranging from $20.33 to $71.16.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.07, with a range between $3.05 and $5.08.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.19 to $3.05, imported beer $1.52 to $4.24, cappuccino $1.61 to $4.24, and Coke/Pepsi $0.51 to $1.69.
Grocery Prices
- Milk - Milk is priced between $1.44 and $2.8 per liter, averaging $1.44.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.42 and $1.63, with an average price of $0.72.
- Eggs (Dozen) - A dozen eggs range from $1.22 to $2.32, averaging $1.96.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.54 to $5.42 per kg, while oranges range from $1.36 to $5 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.19 and $5.24 per kg, and lettuce costs $0.93 to $1.44 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.2.
- Fuel (Gasoline) - Gasoline is priced between $1.05 and $1.39 per liter.
- Taxi Fares - Taxi fares start at $0.72, with a cost of $0.23 per km and $3.39 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $118.6 to $169.43, averaging $146.01.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $84.72 to $118.6, averaging $101.66.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $254.15 to $338.86, averaging $296.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is consistently $169.43.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $88.1 and $237.2, averaging $136.64.
- Internet - Internet services range from $25.41 to $40.66, with an average cost of $29.65.
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
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"Key Takeaways"
Olongapo offers a relatively affordable cost of living compared to many urban areas. Dining out is inexpensive, and transportation costs are minimal.
Housing is affordable, especially outside the city centre, making it an attractive option for families and individuals alike.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Olongapo.
Conclusion
In conclusion, Olongapo presents a cost-effective living environment with affordable housing, dining, and transportation options.
The city's low cost of living makes it an appealing choice for those looking to enjoy a balanced lifestyle without breaking the bank.