Cost of living in Ozamiz
Ozamiz, a city in the Philippines, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Ozamiz, 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 $3.73 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 $13.55, with prices ranging from $13.22 to $25.41.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.05, with a range between $2.54 and $4.24.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.85 to $4.24, imported beer $1.52 to $2.54, cappuccino $1.19 to $3.05, and Coke/Pepsi $0.6 to $2.03.
Grocery Prices
- Milk - Milk is priced between $1.27 and $1.9 per liter, averaging $1.69.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.75 and $2.03, with an average price of $0.8.
- Eggs (Dozen) - A dozen eggs range from $1.42 to $3.35, averaging $1.52.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.49 to $2.54 per kg, while oranges range from $1.49 to $4.24 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $3.05 per kg, and lettuce costs $0.85 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.25.
- Fuel (Gasoline) - Gasoline is priced between $1 and $1.4 per liter.
- Taxi Fares - Taxi fares start at $0.68, with a cost of $0.23 to $0.31 per km and $2.03 to $4.24 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $84.72 to $423.58, averaging $254.15.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $254.15.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $50.83 and $180.02, averaging $80.65.
- Internet - Internet services range from $22.01 to $44, with an average cost of $29.98.
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"
Ozamiz offers a relatively low cost of living compared to larger cities, making it an attractive option for those seeking affordability.
Dining out is quite affordable, with inexpensive meals and reasonable prices for mid-range dining.
Housing costs are notably low, especially for city centre apartments, providing good value for residents.
Transportation is economical, with low costs for public transport and fuel.
Conclusion
In conclusion, Ozamiz 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 cost efficiency.