Cost of living in Valencia City
Valencia City, located in the Philippines, offers a unique blend of urban and rural living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Valencia City, covering dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.01 on average, with a range between $1.02 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 $1.74, with a range between $1.27 and $4.24.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.76 to $1.7, imported beer $1.19 to $1.95, cappuccino $0.85 to $3.39, and Coke/Pepsi $0.31 to $1.1.
Grocery Prices
- Milk - Milk is priced between $1.27 and $1.87 per liter, averaging $1.27.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.59 and $1.39, with an average price of $0.59.
- Eggs (Dozen) - A dozen eggs range from $1.43 to $2.63, averaging $1.43.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.7 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 $0.85 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 per km and $2.04 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 is not specified in the data provided.
- Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the city centre is not specified in the data provided.
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.
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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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Valencia City offers affordable dining options, with inexpensive meals available for as low as $1.02.
Grocery prices are generally low, making it economical for daily shopping needs.
Transportation costs are modest, with affordable taxi fares and gasoline prices.
Utilities are reasonably priced, contributing to a lower overall cost of living.
Conclusion
Valencia City presents a cost-effective living environment, particularly in terms of dining and groceries.
While housing purchase prices are not detailed, the overall affordability in other categories suggests a budget-friendly lifestyle.
Potential residents can enjoy a balanced cost of living, making it an attractive option for those seeking a blend of urban and rural experiences.