Part 2 - Can I Live On $2,000 A Month In The Philippines?

[Jollygoodfellow]

 

The reason being is that Banawa is a suburb of Cebu city.

 

 

Yes, I thought that also but my daughter Directed me to this 

 

http://www.maplandia.com/philippines/region-12/north-cotabato/banawa/

 

 

 

Well I thought the question was about Cebu but looking back it could have been anywhere. Bit like Talisay, must be a hundred of them. 

 

 

[Dave Hounddriver]

Agree with you Gratefuled ,  i know i cant make it on $2,000 a month. Would be nice to get by just under $3,000 and live well.

 

The subject came up at a Christmas party last night and the guy with the last word said that the worst case of "I can't live on" was a fellow who went back to the US because he "couldn't live on" 7,000 dollars a month.  Too many ex gfs that he was giving money to we figured.

 

It seems to be a case of different strokes for different folks.

Edited December 26, 2014 by Dave Hounddriver

[Old55]

7,000 peso or 70,000 a month?

[pokermike]

i ma married and dont give my wife much , but cant live on 7000 pesos a month.  Poker Mike

[BrettGC]

Interesting article I just read for a bit of perspective, remembering of course this is statistical data and can be a bit skewed but based on my filipino friends it's probably not too far off the mark:

 

 

 

An average Filipino family that has five members needs a monthly income of Php7,600 ($180.95) to breach poverty line, according to National Statistical Coordination Board (NSCB). It means that a family of five needs to have at least Php250.00 ($5.95) per day or a yearly income of Php91,289 ($2,173.54) to keep out of poverty. In 2012, Filipino families had an annual income of 235 thousand pesos, on average. Families in the richest decile, earned an annual income of 715 thousand pesos in 2012 or 60 thousand pesos monthly, on average. On the other hand, the families in the poorest decile, earned an average annual income of 69 thousand pesos or about 6 thousand pesos monthly. In terms of the pattern of spending among Filipino families, the expenditure on food accounted for 42.8 percent of the total family expenditure. The expenditure on housing, water, electricity, gas and other fuels was the second largest percentage at 20.7 percent. (Results from the 2012 Family Income and Expenditure Survey taken by Philippine National Statistics Office)

 

 

Just some food for thought.  Different expectations culturally I guess.  

[Dave Hounddriver]

7,000 peso or 70,000 a month?

Thanks, I misspoke.  The guy could not live on 7,000 American Dollars a month.  Used to a high life and was paying too much.  His electric bill was 20,000+ pesos a month, for example as he could - not - live without all the aircons on all the time.

[Old55]

7K, wow! Goes to show some are content to squeak by on less than a thousand USD others would need ten thousand or more.

[i am bob]

Haha! You guys make me laugh sometimes! Nothing personal, guys, but, to me, it sounds like you're living in McMansions and dining in 5 star restaurants every night! It's not that expensive to live here! 2 examples: I spent 2 weeks living cheap - basically because I was to sick to do much. P8000 for the 2 weeks. The next week in a better hotel and dining in good restaurants... P9,000. Traveling, seeing the sites, buying things for my Special Someone, doing all the things a tourist would do... I even looked at a beautiful house for rent - 3 bedrooms, maid's quarters, huge yard and gardens, not even 5 minutes walk to the waterfront in Matina for P17,500 a month but somebody beat me to the lease. You just have to shop around a bit and you can cut that $2000 in half!

Edited December 26, 2014 by I am bob

[Jack Peterson]

You just have to shop around a bit and you can cut that $2000 in half!

 WHICH! is exactly what we were saying in the Thread before. :unsure: maybe now Bob, you have seen it and can see where many of us were coming from, many more may just believe the Imput into that topic. 

[i am bob]

You just have to shop around a bit and you can cut that $2000 in half!

 WHICH! is exactly what we were saying in the Thread before. :unsure: maybe now Bob, you have seen it and can see where many of us were coming from, many more may just believe the Imput into that topic.

Thank you sir! I was doing the forum on my phone earlier and it missed a couple pages on this thread... I blame the operator... hehe! Still, i agree that there is a big difference between "i can't live on" and "i want to spend"!