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topcat72m

Is Living in Cebu on ph100,000 pm PRACTICAL

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DeedleNuts

At first I spent quite a bit over that budget but I was buying furniture and appliances, paying deposits on various services and utilities, and so on. After things settled down I didn't really try to budget and still was under $1K most times, and the exchange rate was in the 40-something range at the time. 

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smokey
Posted (edited)
10 hours ago, Province-life said:

Me and my partner spend less than 70k per month between us and that's with 2 maids, both smoke, eat out 3-4 times a week, christmas/birthdays and about 30 nights worth of holidays per year.
I doubt you'll spend more than 60k per month by yourself, your 700 pesos per day food budget is enough to eat at fairly high standard(by PH standard) restaurants every meal.

One dinner at the Viking 4 him a girl and her cousin will wipe out his food budget for the week budgets are good but factor in women and i assum he is not moving here for the street food or weather

Edited by smokey

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A_Simple_Man
35 minutes ago, smokey said:

One dinner at the Viking 4 him a girl and her cousin will wipe out his food budget for the week

More if they play the: "Can you buy a gift for me to take home to my mother" card.

Poor old mom does not even have a rice cooker so a 1,000 peso would buy a nice one. 😎

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DeedleNuts

I lived in a 2 bedroom townhouse, had water delivered, laundry service, fast (sorta) DSL, good food, and most of the time had several guests living with me. I took the house of girls next door out 1-2 times a week, and went diving at least 1x a week, sometimes 3x a week.

I also seldom used aircon, rode in jeepneys, and so on.

Average was around $700 a month @ around 44:1.

Could I spend more? Sure. 

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TimL
On 6/14/2018 at 2:48 PM, topcat72m said:

Does anyone think my budget is not enough. What am I missing. Yes I know flights home. I will start with extra to include this. But long term I'd expect my budget of 100,000php to cover it. 

I am not a big drinker (for an Irish guy) but I do like to socialise and will expect to go to a bar twice or 3 times a week. 

 

Another thing I am mindful of is getting bored. As I am coming from full employment I think I'll need to take up new interests. I'm thinking of doing a course in a school or university. Something like multimedia or IT based. 

I wish that I knew how everyone was renting such cheap places. All the condos and stuff that I have been seeing a rather expensive in Cebu. I mean I don’t know what others condos are looking like but, maybe my goals are a little too lofty because was spending around 150,000 ph per month when I was there earlier in the year and have pretty much budgeted the same for this Summer when I get back. There are two of us but I mean the condo I was in was about 55,000 a month and I have to get a good Internet connection because I need it for work so I probably spent more there than most others and I have to have redundant communications also for work And generator backup power also for work. I didn’t want to buy a generator when I was there before so I had to find a condo with a generator. Since I’m staying long term this time around I can buy a generator when I get there which will remove that requirement but I still need to be close to things stores etc. I’m not about Jeepneys or tricycles When I’m lugging groceries so A taxi is pretty much mandatory since I don’t have a vehicle and have no intentions of getting one and driving there.

So I don’t know I was pretty much struggling to keep it at 150,000. Also TopCat did you budget for renewing your visa or are you doing a retirement Visa? I kind of forgot since this thread is getting so long. 

If anyone knows of a decent condo in Cebu that isn’t in the 50,000+ range for a two bedroom, and is decent, preferably better than just decent, I would love to hear where they are.

Tim

 

 

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DeedleNuts
4 minutes ago, TimL said:

I wish that I knew how everyone was renting such cheap places. All the condos and stuff that I have been seeing a rather expensive in Cebu.

I was in Subic, Baguio, and Mabalacat (near Angeles) not Cebu. My 2 bed 1 bath townhouse in Mabalacat was $165 a month, in Subic I had a 3 bedroom 2 bath house in a gated subdivision for around $290. I'd suggest you not look at listings that come up in google search, they often have international prices attached. 

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A_Simple_Man
24 minutes ago, TimL said:

I wish that I knew how everyone was renting such cheap places.

Quite simple, everyone must match their rent to their budget so they simply lower their standards until they find a place they can afford.

If you want a condo across the street from Ayala with first world amenities then you will pay a high price for it.  If you want a house in the mountains with bare walls and floor you can find it for a couple thousand pesos a month. Everything in the middle is a compromise.  You get what you pay for, (provided you avoid the prices that are inflated for foreigner noobs).

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TimL
Posted (edited)

Deedle: I actually want to check Subic and Angeles due to the infrastructure available there. Yes, I agree on checking online. I know that they are geared towards outsiders and thus are inflated. I’ll get my GF to start doing the talking on these places when we hit the ground and start looking.

Gunman: thanks for that, could be something for short-term when I first get back while looking for something else. Rates are good. 

Simple_Man: Totally agree. Im more of an upper end person. Don’t mind lowering my standards a bit but at my age, I’m pretty used to the way I have lived for the past 30+ years and don’t want to alter that too awful much. And yes, I know it will cost me more to do it. My girl freaks at the thought of what i’m Used to spending for housing. In her mind, you could save the world or at least her world, with that kind of money. 🤣

Thanks again for for the info that you each provided, I appreciate it.

Edited by TimL
Fixed an error
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Headshot

I rented a three bedroom townhouse in Bulacao, Talisay City for 11k per month. If you are willing to not live right in the city center, there are deals to be had. The townhouse I lived in was brand new, and it was pretty well built.

I also rented a four bedroom townhouse in north Mandaue for 12k. It was a little older, but it had a pool right across the street that we used nearly every day while we lived there.

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smokey
Posted (edited)
1 hour ago, TimL said:

I wish that I knew how everyone was renting such cheap places. All the condos and stuff that I have been seeing a rather expensive in Cebu. I mean I don’t know what others condos are looking like but, maybe my goals are a little too lofty because was spending around 150,000 ph per month when I was there earlier in the year and have pretty much budgeted the same for this Summer when I get back. There are two of us but I mean the condo I was in was about 55,000 a month and I have to get a good Internet connection because I need it for work so I probably spent more there than most others and I have to have redundant communications also for work And generator backup power also for work. I didn’t want to buy a generator when I was there before so I had to find a condo with a generator. Since I’m staying long term this time around I can buy a generator when I get there which will remove that requirement but I still need to be close to things stores etc. I’m not about Jeepneys or tricycles When I’m lugging groceries so A taxi is pretty much mandatory since I don’t have a vehicle and have no intentions of getting one and driving there.

So I don’t know I was pretty much struggling to keep it at 150,000. Also TopCat did you budget for renewing your visa or are you doing a retirement Visa? I kind of forgot since this thread is getting so long. 

If anyone knows of a decent condo in Cebu that isn’t in the 50,000+ range for a two bedroom, and is decent, preferably better than just decent, I would love to hear where they are.

Tim

 

 

Its not you when you say i bought a car realize a car can be from 8 to 800 thousand dollars same house a 4 bedroom 3 bath house can be 60 sq meters or 600 square meters but both are 4 bedroom 3 bath houses.  TRY RENT PAD I AM NOT DOWNTOWN AND HAVE AN APARTMENT I INSTALLED FIBER.  50 mb

Edited by smokey
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profits101
Posted (edited)

I go over that budget by about p8k each month, but I have ways to supplement it. Still, its a very good baseline and I try to mostly hit it each month. Budget for me will include rent, utilities, eating out. I don't skimp on much, but I also don't indulge in much. Even shipping a few things over here really cured me of "owning stuff." I see Restoration Hardware hit news highs, and when living in the US that seemed such a standard part of life... here I am much more minimalist - I'd rather be in an airplane seat than a leather chair. Within that budget there is affordable airfares, Manila, Bacolod, Siquihor (AirJuan), Leyte, hotels and AirBNB. I stay in pretty good hotels, but sometimes - depending on where you are going - even pretty good is cheap - e.g., Northland Hotel, Manapla, Negroes. Along with gf, I also indulge in collecting santos... so I will fetch some of those in Manila or wherever I might be if some kind junk shop appears. I really enjoy walking and get around quite a bit doing that (mega health benefits since arriving here 2 years ago), and pretty comfortable in jeepneys now. Also, I think once you get adjusted to just thinking in pesos, it clicks in another level of critical thinking that will result in incremental savings... e.g., jeepeny to Emall p14 vs taxi at p70. Lastly, another place to research this question would be on YouTube - lot of those people have been very obsessed with this topic for several years and you will find some geeky breakdowns. Bottomline, I think it's affordable and then a bit more depending on how you handle things here. Anyway, good luck and just go for it... no big deal says I. 

Edited by profits101
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