Philippines Retirement Cost of Living for 2024 Expats

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 95

  • @sentinel80
    @sentinel80 5 місяців тому +4

    I’ve never heard anyone say you need $3-5K per month.
    Of course you can live on $1k but you will have to live outside the main cities and not spend very much that costs money. You could live on $300 but you’re not gonna have much of a life.
    My experience is of 19 years with the Phils. My opinion is to have $2-3K then you will be able to do most things without worrying.
    I like to do many things independently and believe it or not in my first year in 2005 was $2k+ even then.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +9

      Good viewpoint and I always will recommend people make more than they spend. One should never be in a deficit outside major unpredictable emergencies.

    • @VittoShulman
      @VittoShulman 5 місяців тому +2

      Saggy expat and Jasper from BGC and many others say you need minimum $4-5k to just survive in Philippines.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +7

      @@VittoShulman and I say to them BS. I show exactly what things cost in my Malaybalay and Dumaguete videos. I CHALLENGE ANYBODY TO PROVE ME WRONG!

    • @apoloestrada2908
      @apoloestrada2908 3 місяці тому

      @@VittoShulman That's totally rubbish, I know someone can live between $1k-$1,500. They may be a big shot who likes to spend on LDs and barfines.

    • @apoloestrada2908
      @apoloestrada2908 22 дні тому

      Yes, if you live in the expats and tourists area like BGC, Rockwell, Makati, Eastwood City, California Square Garden, and by Malate area, you need at least $3K a month.

  • @tryscience
    @tryscience 5 місяців тому +8

    Excellent, detailed analysis, thank you 👍

  • @BeerBikes
    @BeerBikes 5 місяців тому +4

    Good to know, i knew it could be done, under $1k. Crazy how adamant other expats on the sweet spot$2-3k budget amount. Thanks man and Peace!

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +5

      I respect what they say and have continually lived under 2k in my expat lifestyle. I clearly demonstrated how they are wrong though. I have many friends who are under $500 a month but I think I am robotic enough and with no fluff to demonstrate what is possible.

  • @philippine_phin
    @philippine_phin 5 місяців тому +9

    Kalamansi juice probably the greatest refreshing juice on planet earth. I remember the first time I had it and everything I have it now its instant flashback.

    • @philippine_phin
      @philippine_phin 5 місяців тому +7

      Also, the ‘Honey-Mansi’ version is WAAAAAY better than sugar!!!!! There’s nothing like tropical honey.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +5

      Agreed!

  • @Ryan-wi3ry
    @Ryan-wi3ry 5 місяців тому +5

    Most guys who do the budget vids are older and in their budget are things like 300 a month to his girls parents then 200 extra for their load and whatever else. Good to see a budget from someone who is not a sucker.

    • @hambone5547
      @hambone5547 4 місяці тому

      Yes but no mention of a single date. Not good either. Each to their own I suppose.

    • @expatlifestyle2000
      @expatlifestyle2000  4 місяці тому +4

      I like having a lady around but never needed one. I'm not going to start paying a full salary for one now. 😂

    • @Ryan-wi3ry
      @Ryan-wi3ry 4 місяці тому +1

      @@expatlifestyle2000 smart man!

  • @U_KCuF
    @U_KCuF 5 місяців тому +9

    I love malaybalay.. its cool weather

  • @bluesart7
    @bluesart7 5 місяців тому +4

    Another really great and detailed video, thank you Nate, I'm learning a lot from you about Malaybaly, much appreciated Sir. Still quite a bit cheaper than here, I would add health insurance to mine, comprehensive with pacific cross. I dont drink or party so that's no problem for me. Would do a lot of cooking for myself too.Great having the professional massage place at low prices too, once every couple of weeks would be good. Obviously good gyms there as you have mentioned.The German spuds looked good too. Keep up the great work and take care Nate👍👍

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +3

      Thanks for watching. I'm glad you like the videos.

  • @apoloestrada2908
    @apoloestrada2908 3 місяці тому +2

    Thanks for the video and sharing, I live with the budget of $1500 a month and that's in Tunasan, Muntinlupa City by south of Manila. Very happy enough to not pay any mortgage or rent. Only 5 farangs living in that area and both military veterans.

    • @expatlifestyle2000
      @expatlifestyle2000  3 місяці тому +1

      You're welcome. It's funny how much foreign exposure can change an area. Yet the news would insinuate it doesn't....

  • @thatkajunguy8029
    @thatkajunguy8029 5 місяців тому +5

    The more you show of Malaybalay the better it looks, pretty much everything you need nearby.... the massage business looked great
    Just as a dining out comparison I took my grandson to go have lunch at our favorite Chinese buffet during the week.... lunch for 1 adult, 1 senior, with 2 ice tea was $ 40 ... 16 months ago this same lunch was $ 22
    Oh if you can show your gym

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +2

      Holy cow. That is an expensive meal. I don't know if I'll ever be able to go back. I'll definitely do a gym video in the future. Thanks for watching my man.

    • @thatkajunguy8029
      @thatkajunguy8029 5 місяців тому +2

      ​@@expatlifestyle2000
      I mean it's a good Chinese buffet with a nice selection but yeah, and add $ 5 per person for dinner.......
      Sadly the way things are going there's not going to be much left to come back to anyway...
      Enjoy your travels and see you soon

  • @KB3TLE
    @KB3TLE 5 місяців тому +7

    Where is the visa fees ? -- Does Malaybalay even have an office to renew ? - - - Obviously it will still be under $1000 total - but - that city is isolated from big cities ? Expenses for travel + visa fees add up over time ? - - - I would like it there - if - it wasn't so hard to get to ! -- Climate reminds me of Tagaytay - which is 2,000 ft. elevation. Cooler weather is rare in S E Asia ? Baguio of course and Da Lat Vietnam is all I know of ? - - - I certainly could do $1000 in many other areas. Many other expats do ! > Appreciate your efforts here in real life examples.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +6

      I paid for two months last month. It's 440 for a bus round trip and under $50 a month for the visa. I spend another $30 to spend the night in a hotel room. 😀 good noticing. Thanks for the kind words. I really like malaybalay and it's weather. (Even with the now daily rain)
      Hopefully I'll show you alot more you like.

    • @gandorf401garyblue3
      @gandorf401garyblue3 4 місяці тому +1

      You can actually renew your visa online now. ( as far as im aware)

  • @stevenr1354
    @stevenr1354 5 місяців тому +2

    Always happy to see one of your videos pop up on my UA-cam notices.
    That rotisserie chicken looks great! I think I could live on that, fresh fruit and San Mig.
    (And some scrambled eggs and tocino for breakfast). And the pizza! Wow.
    That expat get-together looked nice.
    Sure your weight drop and massages will help with back issues. And stretching routine.
    Malaybalay seems like a sweet spot between a "middle of nowhere" province town and the big city.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +2

      Thanks. I'm happy to be exploring the area for a bit everything lines up so nice here.

  • @VittoShulman
    @VittoShulman 5 місяців тому +2

    Because he is in Malaybalay prices are low there as it is a very remote area. Very good place indeed.
    If he was somewhere in Cebu or Duma his rent, gym, transportation would be double easily.
    Also you don't need a drivers license if you live in the province no one ever checks DL there and most people don't have any. You only need DL in Manila, AC, Duma. Even in Cebu I never heard anyone getting stopped to check DL.

    • @expatlifestyle2000
      @expatlifestyle2000  4 місяці тому +1

      Always best to stay legal. I've never spent more than $2k a month in the last year and a half. That includes all the plane tickets and constant hotels. Easy peazy.

  • @MrJoe1199
    @MrJoe1199 5 місяців тому +1

    Awesome video, Nathan!

  • @jlynnburton9718
    @jlynnburton9718 5 місяців тому +1

    I'm curious if you don't mind, approx. 90 seconds into you video you mentioned allot of places
    are closed on Sundays due to church. Where do you go to church ? How far is that from your
    rental ? Also what all dedomination of church's are available to attend in Malaybalay ?

    • @expatlifestyle2000
      @expatlifestyle2000  4 місяці тому +1

      Couldn't tell you tbh. I think a bunch of variations of Christianity are around here.

  • @faustinodibauda251
    @faustinodibauda251 5 місяців тому

    Those are some good numbers. I can't remember if we had a chance to see your apartment or your living accommodations and how far you are from the action

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому

      I havnt showed off my most recent place but the one I showed off before was the same price and right next to kaamulan park. Great locations....

  • @mkaestn
    @mkaestn 5 місяців тому +1

    Are you heating water for bathing, and using the aircon in sleeping quarters?

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому

      I only use aircon a few hours each day as the weather is nice. I do have hot water but sometime my water pressure is low so a few days a week I end up bathing with unconditioned water.

  • @davey_M
    @davey_M 5 місяців тому +5

    Hey Nate, great information for those of us hoping to retire there. So is there a standard tip rate 10%-20%, and did you include that in the meal cost, or should we add like $100 to that $830 a month. Tell me, if you had were able to up your budget by an extra $500 a month forever what would you spend some extra money on to make your daily life even more enjoyable ?

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +10

      We don't tip here in the philippines. In the rare occasion you want to 10% is nice. Or 10-30 pesos for delivery drivers or parking attendants. Keep in mind visa costs, start up costs, and incidentals. $1000 a month is great here and at some point I'll start cooking for myself too so it will be cheaper. Other places in the philippines I've needed $1500. Thanks for watching

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +9

      I would do exactly what I'm doing right now with my extra income. Go traveling around seeing nature stuff and walking around cities. Next week I'll be on the beach in surigao island. 😀

  • @Badger345
    @Badger345 5 місяців тому +1

    Just discovered your channel great info.
    Is it difficult to transfer your US driver’s license to Philippine one?

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +1

      Unfortunately, I let mine expire while I was living in Thailand. It makes it an even bigger hassle than just a transfer.
      They have my info all the way at the top of the chain of command in manilla because I think they are now realizing that the immigration laws don't work with the driving laws. We will have to wait and see if things stay difficult or change to be easier.

  • @DjinnDjinni
    @DjinnDjinni 3 місяці тому +1

    What does a nice 1 bedroom condo go for there? And how bad does the mold get? Thanks.

    • @expatlifestyle2000
      @expatlifestyle2000  3 місяці тому

      There aren't really condos that I'm aware of. A decent 1 br apartment is probably 8-10k. Plenty of 2-3 bedroom houses that are fully furnished going for 14k.

    • @expatlifestyle2000
      @expatlifestyle2000  3 місяці тому

      As far as mold. You will see it some places but most places there isn't any. Buildings tend to be well ventilated.

  • @nathanielbarry
    @nathanielbarry 5 місяців тому +2

    Yeah after scouring UA-cam, the average expat needs between 1500-2000 a month.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +3

      I did a video when I was in dumaguete, which was about $1700.

    • @nathanielbarry
      @nathanielbarry 5 місяців тому +2

      @@expatlifestyle2000
      Most expats are right about there at 1600-1700.
      And these are all common sense guys that for the most part have typical budgets and expenses.

    • @stevesilver7437
      @stevesilver7437 4 місяці тому +1

      @@nathanielbarry They all seem to have a girl friend and give her an allowance! :()

  • @billlloyd9755
    @billlloyd9755 4 місяці тому +1

    I’m jealous. Nate you are living the dream. Hopefully next year bye this time maybe we can meet up ?

  • @jamesalan1354
    @jamesalan1354 5 місяців тому +1

    No medical cost, insurance. Great video as always

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +2

      I self insure but I don't recommend that for others. In fact I am thinking about getting insurance...

    • @bluesart7
      @bluesart7 5 місяців тому +1

      @@expatlifestyle2000 Pacific Cross seems pretty good, they underwrite a lot of other companies too, I will continue to research over the next few years 🤔

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому

      @@bluesart7 I'll look into that. Thank you.

  • @riverpapa-gw2ey
    @riverpapa-gw2ey 4 місяці тому +1

    nice vlog......

  • @altonarm
    @altonarm 5 місяців тому +1

    I want to see your place! How did you find a place to live for $150 a month?! Budgets are always dependent on the person that's why it's hard to tell people what it takes. I think having a base of $2000 a month is PLENTY if you aren't a bar hopping smoker.

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +2

      I agree. $2000 was what I allocated in the beginning. It's good to see that $1000 is easily doable, though. I'll show off my place eventually for sure.

    • @richardhowe5583
      @richardhowe5583 5 місяців тому +2

      How do you find a cheap place to live? Patience, persistence, networking through Filipinos, and riding around looking and lots of walking.. I have a two bedroom two bath with a front porch and a back porch and a covered place to park my car and the subdivision has a swimming pool and clubhouse and other amenities.. also have a small yard to plant some flowers and herbs, And a few vegetables. my Filipino fiance / wife and myself pay $160 a month rent for our house.. it is in Talisay City just a little south of Cebu City.."seek and ye shall find" "faith without works is dead"..

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому

      @richardhowe5583 Judge a tree by its fruits. Your how to comment matches up with what you have found.

    • @altonarm
      @altonarm 5 місяців тому +1

      @@expatlifestyle2000 So you have a special arrangement then? It's not a common find? The best I could find for rent was $25,000 pesos a month.

    • @altonarm
      @altonarm 5 місяців тому +1

      @@richardhowe5583 That's awesome Richard. I did not look outside of Cebu. I'll give that a try next time!

  • @roygoad2870
    @roygoad2870 5 місяців тому +1

    A very low budget considering you’re not cooking for yourself, but boy I would get fed up eating chicken almost everyday!

  • @robertball6301
    @robertball6301 2 місяці тому +1

    have you paid immigration for tourist visa?

    • @expatlifestyle2000
      @expatlifestyle2000  2 місяці тому

      I did it the previous month as it was a two month extention. Like $50 I think.

  • @Traveler-PKK
    @Traveler-PKK 5 місяців тому +1

    can you show any good gyms in town

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому

      I sure will. On the agenda for recording over the next few months.

  • @billlloyd9755
    @billlloyd9755 4 місяці тому +1

    US driver’s license approved ?

    • @expatlifestyle2000
      @expatlifestyle2000  4 місяці тому

      No. I got denied for my filipino license and I think they are going to try to keep the money I gave them. So probably end up paying 3500 for nothing in return. Might go back to Texas to get a license but I really don't wanna go that far and stay there for a few months tbh.... 27 hours of flights and having to deal with American prices.... yuk.

    • @billlloyd9755
      @billlloyd9755 4 місяці тому +1

      @@expatlifestyle2000 No that would suck. If that’s what’s required 🙂‍↕️

    • @expatlifestyle2000
      @expatlifestyle2000  4 місяці тому

      @billlloyd9755 it is what's required but hopefully I can put it off until 2025. We will see though.

    • @billlloyd9755
      @billlloyd9755 4 місяці тому +1

      @@expatlifestyle2000 Good luck!

  • @robertwestlasvegas
    @robertwestlasvegas 5 місяців тому +1

    if your a couple you probably need to add another 50 percent.

  • @jamesalan1354
    @jamesalan1354 5 місяців тому +1

    Maybe invest in a scooter or a electric bike

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +1

      I don't have a drivers license. I'm trying to get one but it's a hassle on tourist visas.

  • @geraldarrington9620
    @geraldarrington9620 5 місяців тому +1

    🥱🥱🥱🥱🥱 sorry

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +1

      I understand. Informational video not an entertaining one. Feel free to check out my other videos.

  • @Oscarcat2212
    @Oscarcat2212 5 місяців тому +1

    You would have to be desperate to come here with only $1000 a month.

    • @kikiandjasmine
      @kikiandjasmine 5 місяців тому +1

      That's why those guys have no other choice but to go to a remote province. What happens when he has a medical emergency, of course that doesn't enter their heads.

    • @expatlifestyle2000
      @expatlifestyle2000  4 місяці тому

      Luckily I have more but some people don't have other options. If I cooked for myself and didnt buy so many electronic gadgets I bet I could get down to $500 a month tbh.

  • @philrose7716
    @philrose7716 5 місяців тому +4

    Living the dream. Love it. Do you have Fb messenger?

    • @expatlifestyle2000
      @expatlifestyle2000  5 місяців тому +4

      I have one but don't use it. I'm just a youtube guy as far as social media goes.