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Cost of Living in Davao City
Davao City is known for its relatively affordable cost of living compared to other major cities in the Philippines. Here’s a breakdown of various expenses you can expect:
1. Housing
- Rent:
- Studio Apartment: ₱8,000 to ₱15,000 per month
- 1-Bedroom Apartment: ₱15,000 to ₱25,000 per month
- 2-Bedroom Apartment: ₱25,000 to ₱40,000 per month
- Tip: Prices vary depending on the location and type of housing. Areas closer to the city center or with amenities might be more expensive.
2. Utilities
- Electricity and Water: ₱2,000 to ₱5,000 per month
- Internet: ₱1,500 to ₱2,500 per month
- Tip: Utility costs can vary based on consumption and provider. Budget for seasonal changes in electricity usage, especially during hot weather.
3. Food and Dining
- Groceries: ₱4,000 to ₱8,000 per month for a single person
- Eating Out:
- Local Restaurants: ₱100 to ₱250 per meal
- Mid-Range Restaurants: ₱300 to ₱700 per meal
- Tip: Dining at local eateries and markets can be more budget-friendly compared to international or upscale restaurants.
4. Transportation
- Public Transportation:
- Jeepney Fare: ₱10 to ₱20 per ride
- Tricycle Fare: ₱15 to ₱30 per ride
- Taxi: Starting fare of ₱40 plus ₱13 per additional kilometer
- Car Rental: ₱1,500 to ₱3,000 per day
- Tip: Use ride-hailing apps for convenience and check local rates for public transportation.
5. Healthcare
- Doctor’s Visit: ₱500 to ₱1,500 per consultation
- Health Insurance: ₱2,000 to ₱5,000 per month, depending on coverage
- Tip: For basic medical needs, costs are relatively affordable. Consider health insurance for more comprehensive coverage.
6. Education
- International Schools: ₱50,000 to ₱150,000 per year
- Local Schools: ₱20,000 to ₱60,000 per year
- Tip: International schools tend to be more expensive, while local schools offer more affordable options.
7. Entertainment and Leisure
- Gym Membership: ₱1,000 to ₱2,500 per month
- Movie Ticket: ₱200 to ₱300
- Social Activities: Variable, depending on the type and frequency
- Tip: Explore local entertainment options and discounts for budget-friendly activities.
8. Miscellaneous
- Clothing and Personal Items: Variable, depending on preferences and needs
- Household Items: Initial setup cost of around ₱5,000 to ₱10,000
- Tip: Budget for occasional purchases and unexpected expenses.