Retirement in the Philippines or Thailand?

Our December 2014 Philippines Expenses

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Being an “economic refugee” from the United States, I take pains every single thirty day period to observe our expenses above the training course of the previous 30 times.  We’ve been carrying out this considering that July, and at this position we are averaging about $1,200 USD a thirty day period on all of our amassed expenses.  Keep in head that this is for two folks, and we have a tendency to go out to eat a good deal as Sara is functioning, and I never be expecting her to be cooking all the time – plus we acquired the funds, so what the hey…

People today are often asking how a great deal it expenditures to are living in the Philippines.  “If I have XXXX amount of money , will that be adequate?”  All over again, the standard reply to that is “it relies upon.”  If you want to give up some Western matters like steak, massive SUV’s, and 24-hour air conditioning, you can do just fantastic on what we are investing a month.  If you insist on people issues, you’ll possibly be investing just as significantly in this article as you would in the West.

Factors that are extra pricey in the Philippines compared to the United States are gasoline, electrical energy (twice as significant), and imported foods.  Issues that are a lot much less expensive below than in the US are just about anything involving labor (mechanics, hair cuts, and many others.) or anything at all that can eliminate you (low-priced booze, low cost cigarettes, and cheap, quickly women….)

Basic Living Costs – IN US Bucks

Lease 230

Electricity 53

Health and fitness center 28

Web 22

Water 5

Grocery Buying 205

Ingesting out 245

Diesel Truck 28

Gasoline Bikes 39

Visa Service fees 63

Cigarettes 35 (Yuck!)

Phones Clever Mega250 12

Laundry 13

Dry Merchandise 32

Incidental Costs 39

Xmas Party 64

Electronic Camera 85

Overall Expense FOR DECEMBER 2014 $1,198

A wonderful, cost-free resource for examining out the charge of dwelling in the Philippines can be experienced at www.numbeo.com.  When there, merely plug in your household city and nation then plug in a town in the Philippines that you would like to assess the expense of living to.  For illustration, review New York City, New York to Dumaguete, Philippines.  The final results will be quite amazing.

 

Remember also that expenditures in town places are greater than the charges of living in the provincial place spots.

 

Okay, some subscribers are over cooking us evening meal, so I’ll signal off for now.  Get treatment, ya’all, and see ya following time on Philippine Desires!

 

**Pondering of having your small pension or retirement account and moving to the Philippines?  Check out the pro’s and downsides of this sort of a shift above right here at myphilippinedreams.com!**