Cost of living
Lipa compared to Masbate
🏛️
Overview comparison
LipaMasbate
Consumer prices in Masbate are roughly 4% higher than in Lipa.
Cost of living
| Item | Lipa | Masbate |
|---|
| Total with rent one person | 410 | 414 |
|---|
| Total with rent family | 1,176 | 1,139 |
|---|
| Without rent one person | 259 | 329 |
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| Without rent one family | 811 | 660 |
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| Rent & Utilities person | 127.26 | 109.84 |
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| Rent & Utilities family | 252.68 | 328.76 |
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| Food person | 185 | 208 |
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| Food family | 549 | 554 |
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| Transport person | 31.74 | 29.3 |
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| Transport family | 98.87 | 76.65 |
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| Life expectancy | 74.3 years | 71.84 years |
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Eating Out
| Item | Lipa | Masbate |
|---|
| Lunch Menu | 3.77 | 3.38 |
|---|
| Dinner in a Restaurant, for 2 | 9.19 | 10.6 |
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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 | 0.86 |
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| Cappuccino | 2.62 | 2.47 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.39 | 0.47 |
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Rent & Utilities
| Item | Lipa | Masbate |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 58.02 | 54.08 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 40.38 | 54.92 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 215.68 | 238.89 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 235.93 | 177.78 |
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| Utility Bill one person, electricity, heating, water, etc. | 53.19 | 47.9 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 67.99 | 86.18 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 25.64 | 36.61 |
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Transportation
| Item | Lipa | Masbate |
|---|
| Local transport ticket | 7.9 | 7.12 |
|---|
| Monthly ticket local transport | 2,479 | 2,560 |
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| Taxi Ride, 8 km or 5 mi | 1,066 | 999 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.23 | 0.23 |
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| Mortgage Interest Rate for 20 Years | 23.52% | 22.53% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 2.38 | 2.93 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.13 | 1.02 |
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Groceries
| Item | Lipa | Masbate |
|---|
| Milk, 1 L or 1 qt | 1.71 | 1.63 |
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| Bread, 0.5 kg or 1.1 lb | 1.21 | 1.22 |
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| Eggs, x12 | 1.67 | 2 |
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| Cheese, 1 kg or 2.2 lb | 5.88 | 6.01 |
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| Chicken Breast, 1 kg or 2.2 lb | 3.56 | 4.57 |
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| Round Steak, 1 kg or 2.2 lb | 5.08 | 5.43 |
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| Banana, 1 kg or 2.2 lb | 1.46 | 1.72 |
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| Water, 1 L or 1 qt | 0.73 | 0.77 |
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Other
| Item | Lipa | Masbate |
|---|
| Gym Membership, 1 month | 18.16 | 20.5 |
|---|
| Cinema Ticket, 1 person | 5.31 | 3.89 |
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| Doctors visit | 10.84 | 13.47 |
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| Haircut, simple | 2.91 | 2.75 |
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| Brand Jeans | 20.63 | 19.99 |
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| Brand Sneakers | 50.74 | 46.67 |
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| Daycare or Preschool, 1 month | 55.41 | 56.48 |
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| International Primary School, 1 year | 2,032 | 2,484 |
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