Metro Manila is the capital city of the Philippines. It is characterized by high-rise buildings, a bustling economy, and colorful nightlife. Also, don’t forget that the Capital City is the center of education. Most importantly, if you live in the Capital City, you can access international-level amenities and services. For someone who has the time, money, and energy, Metro Manila seems like an interesting option to live in. However, do not think that only Metro Manila offers these exciting opportunities for you. There are many cities in the Philippines with exciting opportunities, just like Metro Manila.
Where else can you see an offer as exciting as Metro Manila? You don’t have to look far because the Queen City of the South – Cebu – has a lot in store for you.
Cebu was dubbed as one of the livable cities in the country, ranking 1st in many tourism magazines. Nature and development exist in a balance in the city. Cebu’s economy is in close competition with Metro Manila. Real estate properties with great amenities, such as Club Ultima, Solinea Alveo, and Horizons 101, are on the rise in the Queen City of the South. In addition, there are many tourist hotspots within Cebu. Most importantly, Cebu holds the most colorful and liveliest festivities.
The Cost of Living: Cebu vs. Manila
But of course, opportunities go hand in hand with the cost of living in Philippine cities. So, which city is a better living option for you?
Cities in the Philippines with exciting opportunities, like Manila, are tied together with the expensive cost of living. But before you jump to a conclusion or turn down the opportunity, look first at the possibility.
Monthly Cost of Living in Metro Manila
A study shows that the monthly cost of living in the Metro can almost reach a six-digit budget for a family of four. These monthly living costs include the following:
1. Eating out in fast-food restaurants and mid-range restaurants.
2. 1-month worth of groceries with junk foods and beverages.
3. Transportation (for gas money and fare)
4. Basic Utilities (Electricity, Water, and Garbage Collection)
5. Prepaid Load and Wifi
6. Monthly exclusive membership fee in gyms
7. Movie tickets
8. Clothing and Shoes
9. Childcare (nanny and kindergarten)
This is an average estimate, and the cost of living expenses will depend on you and your lifestyle. Of course, the estimate for a single person living in this city varies greatly than the cost of living for a family of 4. If you think that the numbers are too high, bear in mind that there are many job opportunities and higher wages in the Metro.
Do you think Metro Manila is the city for you? Or do you think Cebu City is the better living option for you?
As previously said, Cebu is in tight competition with Metro Manila in terms of economy, development, and amenities.
Monthly Cost of Living in Cebu
The same study shows that in Cebu, a family with four members has an estimated monthly cost of nearly six digits, but just a tad lower than the monthly expenses of a family with the same household size in Metro Manila. The living expenses include the following:
1. Eating in fast food to mid-range restaurants.
2. A month worth of groceries with junk food and carbonated beverages.
3. Transportation expenses, which include gas money and fare.
4. Basic utilities: electricity and water
5. Load allowance and Wifi
6. 1-month premium gym membership fee
7. Movie tickets
8. Clothes and Shoes
9. Childcare: nanny and kindergarten
For a single person living in Cebu, the average monthly cost of living can range from 20 to 30 thousand pesos in this current economy, rent excluded.
See that there is so little difference in living costs, whether you are in the Metro or Cebu. What makes the most difference in the cost of living, aside from the city you are in, is whether the real estate property you have is owned or rented. The amenities that go with your real estate properties also make a difference in your living expenses.
For example, suppose you live in rental properties with a pool and a gym like Horizons 101. In that case, you will most likely save an extra portion of your income that is allotted for membership fees and transportation allowance.
Your lifestyle determines your cost of living. So don’t be hesitant and live your best life in the city with the best opportunities. But where is it? It’s up to you.