Cost of living in Parang
Parang, 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 potential newcomers.
This guide provides a detailed breakdown of expenses in Parang, 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 $4.24 on average, with a range between $2.55 and $8.48.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $25.45, with prices ranging from $16.97 to $59.38.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.39, with a range between $2.55 and $4.24.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.02 to $1.7, imported beer $1.19 to $1.95, cappuccino $0.85 to $3.39, and Coke/Pepsi $0.51 to $1.1.
Grocery Prices
- Milk - Milk is priced between $1.53 and $1.87 per liter, averaging $1.65.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.02 and $1.39, with an average price of $1.19.
- Eggs (Dozen) - A dozen eggs range from $1.43 to $2.63, averaging $1.95.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.09 to $3.39 per kg, while oranges range from $0.68 to $3.05 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.7 and $3.39 per kg, and lettuce costs $0.42 to $1.7 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.02 and $1.17 per liter.
- Taxi Fares - Taxi fares start at $0.76, with a cost of $0.23 to $0.25 per km and $1.7 to $2.04 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $16,966.69 and $22,056.7, while a Toyota Corolla ranges from $16,966.69 to $27,146.71.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is between $70.69 and $169.67 monthly.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary school range from $6,786.68 to $8,483.35.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $67.87 and $127.25, averaging $99.86.
- Internet - Internet services range from $28.83 to $42.42, with an average cost of $34.5.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $11.03 and $42.4.
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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Salaries And Financing
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"Key Takeaways"
Parang offers a relatively affordable cost of living compared to many urban areas. Dining out is inexpensive, and grocery prices are moderate.
Transportation costs are low, especially for public transport and taxis. However, purchasing a new car can be a significant expense.
Utilities and internet services are reasonably priced, making it easier to manage monthly expenses.
Conclusion
In conclusion, Parang provides a cost-effective living environment with affordable dining and transportation options.
While housing and education costs can vary, the overall expenses remain manageable for most residents.
This makes Parang an attractive option for those looking to balance cost with quality of life.
Nearby Cities
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