Cost of Living in Subic Bay, Philippines
Last updated on Dec 05, 2024
Summary: What is the cost of living in Subic Bay, Philippines? Expats, digital nomads and retirees living in Subic Bay talk about the general living costs, the cost of housing and health insurance.
Is the cost of living in Subic Bay high?
We asked people how much they someone comfortably live on in Subic Bay, they wrote:
"The cost of living in Subic Bay is relatively affordable compared to other major cities in the country. Housing is quite inexpensive, with rent for a one-bedroom apartment in the city center being significantly lower than in Manila. Utilities such as electricity, heating, cooling, and water are also reasonably priced. Groceries in Subic Bay are affordable, with local markets offering fresh produce, meat, and seafood at lower prices. Eating out is also quite cheap, with a meal at an inexpensive restaurant costing less than what you would pay in a Western country. Transportation costs are also low in Subic Bay. Public transportation such as jeepneys and tricycles are widely available and inexpensive. Gasoline prices are also lower than in many Western countries. Healthcare in Subic Bay is relatively affordable, with both public and private hospitals offering services at lower costs than in Western countries. However, the quality of healthcare may vary. Overall, the cost of living in Subic Bay is low, making it an attractive destination for expats and retirees. However, it's important to note that salaries and wages in the area are also generally lower than in more developed countries," remarked one expat in Subic Bay.
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Will I save money living in Subic Bay?
"Yes, you will likely save money living in Subic Bay compared to the United States. The cost of living in the Philippines is generally lower than in the United States. This includes expenses such as rent, groceries, dining out, and transportation. Healthcare is also typically less expensive in the Philippines. However, the exact amount of savings will depend on your lifestyle and spending habits. It's also important to note that while the cost of living may be lower, the average income in the Philippines is also significantly lower than in the United States. Therefore, if you're planning to work locally, this could affect your overall financial situation," explained one expat living in Subic Bay.
What is the average cost of housing in Subic Bay?
If you are thinking about moving to Subic Bay, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Subic Bay can vary greatly depending on the type and size of the property. For a standard one-bedroom apartment in the city center, the monthly rent can be quite affordable. However, for larger, more luxurious properties or those with a sea view, the cost can be significantly higher. If you're looking to buy property, a typical house in Subic Bay can also range from relatively inexpensive to very costly, depending on its location, size, and amenities. It's always best to research and compare prices from different real estate agencies to get a better understanding of the housing costs in Subic Bay," explained one expat.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.