Cost of living in Tagaytay
Tagaytay, a popular tourist destination in the Philippines, is known for its cool climate and scenic views. Understanding the cost of living in Tagaytay is crucial for both residents and visitors planning to stay for an extended period.
This guide provides a detailed breakdown of expenses in Tagaytay, including housing, dining, transportation, and more, to help you budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.65 on average, with a range between $1.36 and $5.1.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $14.57, with prices ranging from $13.59 to $42.47.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $2.57, with a range between $2.55 and $4.74.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.85 to $1.7, imported beer $1.44 to $5.1, cappuccino $0.85 to $4.25, and Coke/Pepsi $0.51 to $1.44.
Grocery Prices
- Milk - Milk is priced between $1.36 and $1.87 per liter, averaging $1.53.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.64 and $1.7, with an average price of $1.22.
- Eggs (Dozen) - A dozen eggs range from $1.56 to $2.45, averaging $1.83.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.04 to $6.79 per kg, while oranges range from $1.02 to $5.66 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.85 and $5.1 per kg, and lettuce costs $1.1 to $5.14 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.19.
- Fuel (Gasoline) - Gasoline is priced between $1.05 and $1.27 per liter.
- Taxi Fares - Taxi fares start at $0.68, with a cost of $0.34 per km and $1.53 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $209 to $305.76, averaging $257.38.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $104 to $203.84, averaging $153.92.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $208 to $679.46, averaging $443.73.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $284 to $424.66, averaging $354.33.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $5600.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $3024.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $72.85 and $186.85.
- Internet - Internet services range from $20.38 to $42.47, with an average cost of $26.11.
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"
Tagaytay offers a relatively affordable cost of living compared to other urban areas in the Philippines. Dining out is inexpensive, and public transportation is very affordable.
Housing costs are moderate, with options available both in the city centre and outside. Utilities and internet services are reasonably priced, making Tagaytay a cost-effective choice for residents.
Conclusion
In conclusion, Tagaytay provides a balanced cost of living with affordable dining and transportation options. Housing is reasonably priced, especially outside the city centre, making it an attractive option for those looking to live in a scenic and cooler climate.
Whether you're planning to move or visit, understanding these costs can help you budget effectively and enjoy all that Tagaytay has to offer.