Howdy all, and welcome to the first post on our new website at My Philippine Dreams! It’s still a bit bare bones at this point, but at least it’s a start in the right direction. At this point we only have a few Philippines-centric things that you can download totally free from the site, but we will have more available as time goes on. That’s the main reason we have moved from Blogger to WordPress – flexibility!
One of the most often asked questions we receive nearly every day is “How much does it cost to live in the Philippines?” The short answer is “It depends.” If you want to duplicate your Western existence here in the Republic, you are going to be paying through the nose for electricity, Western imported food, and gasoline. Do people do that here? Absolutely! But I don’t have the financial resources that they have, so we try to keep on top of our expenses as much as we can. We’re not living in a nipa hut and eating rice and dried fish (much), but we are not living like kings/queens either.
Anyways. I get asked that question so much that I decided to track our expenses for the entire month of July. I am going to continue to track our expenses month to month, so that not only can you an idea of real living expenses here, but I can better appreciated where our money is going. So, the month of July cost us around $1,058. Not too shabby, but keep in mind that the previous month (June), we spent close to $3,300 USD furnishing our house. Ugh, yep. That was a rough one. 🙂
So, without any further ado, here is our expense breakdown for July 2105:
BASIC LIVING EXPENSES – IN US DOLLARS/ XCHANGE RATE 43.5-1
Cable TV 11
Grocery Shopping 103
Eating out 174
Diesel Truck 31
Gas Motorcycles 17
Visa Fees 65
Cigarettes 38 (Yuck!)
Phones, laundry, etc. 16
BASIC LIVING EXPENSES TOTAL $787
INCIDENTAL EXPENSES – IN US DOLLARS/XCHANGE RATE 43.5
Doctor Visit 11 Tools 10
Office Supplies 11
RUSI Repair 2
SD Card 11
Cable Cancel 8
Stove Gas Tank 53
Bamboo Furniture 66
Gas Stove 66
INCIDENTAL COST TOTAL $271
TOTAL COST FOR JULY $1058
Hmmmmm….. I’m an Englush major, so feel free to check my math. So, that’s about it. I am sure we didn’t track EVERY expense, but even adding 100 dollars (4,350 pesos) as a buffer, July was pretty sweet.
I will continue to update our expenses as we move along. Take care ya’all, and keep dreaming!