Cost of living
Lipa compared to Madrid (Philippines)
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Overview comparison
LipaMadrid (Philippines)
Consumer prices in Madrid (Philippines) are roughly 4% higher than in Lipa.
Cost of living
| Item | Lipa | Madrid (Philippines) |
|---|
| Total with rent one person | 410 | 503 |
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| Total with rent family | 1,176 | 1,328 |
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| Without rent one person | 259 | 330 |
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| Without rent one family | 811 | 901 |
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| Rent & Utilities person | 127.26 | 158.38 |
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| Rent & Utilities family | 252.68 | 304.56 |
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| Food person | 185 | 218 |
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| Food family | 549 | 486 |
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| Transport person | 31.74 | 28.96 |
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| Transport family | 98.87 | 73.43 |
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| Life expectancy | 74.3 years | 84.8 years |
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Eating Out
| Item | Lipa | Madrid (Philippines) |
|---|
| Lunch Menu | 3.77 | 3.69 |
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| Dinner in a Restaurant, for 2 | 9.19 | 11.31 |
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| Fast food meal, equiv. McDonald's | 2.74 | 2.79 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 0.81 | 1.15 |
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| Cappuccino | 2.62 | 2.42 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.39 | 0.42 |
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Rent & Utilities
| Item | Lipa | Madrid (Philippines) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 58.02 | 55.34 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 40.38 | 52.49 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 215.68 | 235.87 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 235.93 | 176.71 |
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| Utility Bill one person, electricity, heating, water, etc. | 53.19 | 48.95 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 67.99 | 76.78 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 25.64 | 28.2 |
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Transportation
| Item | Lipa | Madrid (Philippines) |
|---|
| Local transport ticket | 7.9 | 7.07 |
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| Monthly ticket local transport | 2,479 | 2,369 |
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| Taxi Ride, 8 km or 5 mi | 1,066 | 1,072 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.23 | 0.19 |
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| Mortgage Interest Rate for 20 Years | 23.52% | 25.7% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 2.38 | 3.07 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.13 | 1.21 |
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Groceries
| Item | Lipa | Madrid (Philippines) |
|---|
| Milk, 1 L or 1 qt | 1.71 | 1.81 |
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| Bread, 0.5 kg or 1.1 lb | 1.21 | 1.03 |
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| Eggs, x12 | 1.67 | 1.71 |
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| Cheese, 1 kg or 2.2 lb | 5.88 | 5.95 |
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| Chicken Breast, 1 kg or 2.2 lb | 3.56 | 3.73 |
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| Round Steak, 1 kg or 2.2 lb | 5.08 | 6.5 |
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| Banana, 1 kg or 2.2 lb | 1.46 | 1.67 |
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| Water, 1 L or 1 qt | 0.73 | 0.83 |
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Other
| Item | Lipa | Madrid (Philippines) |
|---|
| Gym Membership, 1 month | 18.16 | 20.74 |
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| Cinema Ticket, 1 person | 5.31 | 5.13 |
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| Doctors visit | 10.84 | 11.13 |
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| Haircut, simple | 2.91 | 3.18 |
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| Brand Jeans | 20.63 | 20.65 |
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| Brand Sneakers | 50.74 | 41.32 |
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| Daycare or Preschool, 1 month | 55.41 | 70.94 |
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| International Primary School, 1 year | 2,032 | 2,214 |
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