Cost of living in Rizal
Rizal, a province in the Philippines, offers a unique blend of urban and rural living. Understanding the cost of living here is crucial for anyone planning to move or invest in the area.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, 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 $3.4 on average, with a range between $1.7 and $5.1.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $12.74, with prices ranging from $8.49 to $50.96.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $2.89, with a range between $2.38 and $4.25.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.85 to $2.09, imported beer $1.61 to $2.55, cappuccino $0.85 to $4.76, and Coke/Pepsi $0.51 to $1.05.
Grocery Prices
- Milk - Milk is priced between $1.36 and $3.24 per liter, averaging $1.73.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.85 and $1.46, with an average price of $1.16.
- Eggs (Dozen) - A dozen eggs range from $1.19 to $2.55, averaging $1.96.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.53 to $3.4 per kg, while oranges range from $0.68 to $3.4 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.76 and $2.55 per kg, and lettuce costs $0.48 to $0.85 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.05 and $1.22 per liter.
- Taxi Fares - Taxi fares start at $0.85, with a cost of $0.14 to $0.71 per km and $2.04 to $3.4 per hour of waiting.
Housing Costs
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2690.98 to $7534.74, averaging $4327.79.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $3013.89 to $5898.62, averaging $3565.44.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $84.93 and $254.8, averaging $159.57.
- Internet - Internet services range from $20.38 to $25.48, with an average cost of $24.06.
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"
Rizal offers a relatively affordable cost of living compared to major urban centers. Dining and grocery prices are particularly budget-friendly.
Transportation costs are low, especially for local commuting. However, owning a car can be expensive due to high gasoline prices.
Housing prices vary significantly depending on the location, with city centre properties being more expensive.
Conclusion
In conclusion, Rizal provides a cost-effective living environment with affordable dining and grocery options.
While transportation and utilities are reasonably priced, potential residents should consider the higher costs associated with housing in central areas.
Overall, Rizal is an attractive option for those seeking a balance between urban amenities and rural charm at a manageable cost.