Cost of living in Subic Bay Freeport Zone
Subic Bay Freeport Zone, located in the Philippines, is a bustling area known for its economic activity and vibrant lifestyle. Understanding the cost of living here is crucial for both residents and potential movers.
This guide provides a detailed breakdown of expenses in Subic Bay Freeport Zone, 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 $4.25 on average, with a range between $1.7 and $6.79.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $15.29, with prices ranging from $10.19 to $84.93.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $3.82, with a range between $3.4 and $6.79.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.02 to $3.06, imported beer $2.04 to $4.25, cappuccino $2.04 to $4.25, and Coke/Pepsi $0.59 to $2.55.
Grocery Prices
- Milk - Milk is priced between $1.53 and $2.04 per liter, averaging $1.79.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.85 and $2.55, with an average price of $1.55.
- Eggs (Dozen) - A dozen eggs range from $1.7 to $3.06, averaging $2.24.
- Fruits (e.g., Apples, Oranges) - Apples cost $6.05 per kg, while oranges are priced at $1.39 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.36 and $3.75 per kg, and lettuce costs $1.27 to $1.76 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.22 and $0.25, with a monthly pass priced at $17.33.
- Fuel (Gasoline) - Gasoline is priced between $1.02 and $1.19 per liter.
- Taxi Fares - Taxi fares start at $0.68, with a cost of $0.25 per km and $2.04 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is $135.89.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is $84.93.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $169.86 to $543.57, averaging $351.05.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $220.82 to $978, averaging $473.22.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $86.63 and $169.86, averaging $122.43.
- Internet - Internet services range from $15.29 to $33.97, with an average cost of $17.84.
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"
Subic Bay Freeport Zone offers a relatively affordable cost of living compared to many urban areas. Dining out is inexpensive, and public transportation is highly affordable.
Housing costs are notably low, especially for those looking to rent outside the city centre. Utilities and internet services are also reasonably priced.
Overall, Subic Bay Freeport Zone provides a cost-effective living environment, making it an attractive option for both locals and expatriates.
Conclusion
In conclusion, Subic Bay Freeport Zone presents a cost-effective living option with affordable dining, transportation, and housing costs.
The area is ideal for individuals seeking a balance between economic living and a vibrant lifestyle. With its low cost of living, it remains an appealing choice for many.