Cost of living
Masbate compared to Loreto (Philippines)
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Overview comparison
MasbateLoreto (Philippines)
Consumer prices in Masbate are roughly 1% higher than in Loreto (Philippines).
Cost of living
| Item | Masbate | Loreto (Philippines) |
|---|
| Total with rent one person | 414 | 354 |
|---|
| Total with rent family | 1,139 | 1,278 |
|---|
| Without rent one person | 329 | 231 |
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| Without rent one family | 660 | 808 |
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| Rent & Utilities person | 109.84 | 114.87 |
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| Rent & Utilities family | 328.76 | 302.98 |
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| Food person | 208 | 209 |
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| Food family | 554 | 437 |
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| Transport person | 29.3 | 31.85 |
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| Transport family | 76.65 | 91.14 |
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| Life expectancy | 71.84 years | 73.67 years |
|---|
Eating Out
| Item | Masbate | Loreto (Philippines) |
|---|
| Lunch Menu | 3.38 | 2.84 |
|---|
| Dinner in a Restaurant, for 2 | 10.6 | 9.59 |
|---|
| Fast food meal, equiv. McDonald's | 2.79 | 2.96 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 0.86 | 0.87 |
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| Cappuccino | 2.47 | 2.04 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.47 | 0.34 |
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Rent & Utilities
| Item | Masbate | Loreto (Philippines) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 54.08 | 44.71 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 54.92 | 52.2 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 238.89 | 254.96 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 177.78 | 235.1 |
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| Utility Bill one person, electricity, heating, water, etc. | 47.9 | 60.63 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 86.18 | 81.43 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 36.61 | 26.35 |
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Transportation
| Item | Masbate | Loreto (Philippines) |
|---|
| Local transport ticket | 7.12 | 8 |
|---|
| Monthly ticket local transport | 2,560 | 2,428 |
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| Taxi Ride, 8 km or 5 mi | 999 | 1,027 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.23 | 0.27 |
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| Mortgage Interest Rate for 20 Years | 22.53% | 31.63% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 2.93 | 3.33 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.02 | 0.98 |
|---|
Groceries
| Item | Masbate | Loreto (Philippines) |
|---|
| Milk, 1 L or 1 qt | 1.63 | 1.61 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.22 | 1.12 |
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| Eggs, x12 | 2 | 2.04 |
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| Cheese, 1 kg or 2.2 lb | 6.01 | 5.91 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.57 | 3.95 |
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| Round Steak, 1 kg or 2.2 lb | 5.43 | 5.52 |
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| Banana, 1 kg or 2.2 lb | 1.72 | 1.84 |
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| Water, 1 L or 1 qt | 0.77 | 0.66 |
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Other
| Item | Masbate | Loreto (Philippines) |
|---|
| Gym Membership, 1 month | 20.5 | 17.76 |
|---|
| Cinema Ticket, 1 person | 3.89 | 5.27 |
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| Doctors visit | 13.47 | 13.25 |
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| Haircut, simple | 2.75 | 2.86 |
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| Brand Jeans | 19.99 | 19.81 |
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| Brand Sneakers | 46.67 | 42.92 |
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| Daycare or Preschool, 1 month | 56.48 | 59.13 |
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| International Primary School, 1 year | 2,484 | 2,417 |
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