Where Can I Live for 800 a Month

If you live in the U.S., you probably know the cost of people isn't cheap. From rent and utilities to groceries and expatriation, every expense adds up. And in some cities — the like New York, Los Angeles operating theatre San Francisco — families need to earn more than $100,000 to live comfortably. Merely if you venture outside of the U.S., you power be surprised to learn just how affordable liveliness can be.

A recent GOBankingRates field of study identified 20 international cities that are cheaper than the U.S., on average, when comparing the cost of rent, utilities, food and transportation. If you'Re thinking about moving abroad and want to discover an affordable site to live, keep Reading to see why I chose to possess prop in the Philippines.

Penultimate updated: Nov. 7, 2020

Rent a Condo With Amenities for $600 per Month

When you think of the Philippines, you might visualize beaches of golden sand, pristine Ethel Waters and an eclectic mix of European country and American influences. There are plenty of international destinations that have a take down cost of living than the U.S., and this island paradise is one of the most affordable.

As a proud condo owner in this historic, beautiful location, I can demonstrate firsthand to the low cost of living in the Philippines. For $2,000 per calendar month, my wife and I can live royally. If you just need to make do, you might need as little as $1,000. While island living is not for everyone, you should consider the Philippines if you'Ra looking an affordable overseas oasis.

My condo is in Davao City on the southern island of Mindanao. Davao is not as well known as the commonwealth's northern cities like Manila or Cebu, and it's not in all the travel magazines like Palawan and Boracay. However, it offers great urban living with modern amenities and is nevertheless just a one-hour flight of stairs from the nation's pictorial matter-perfect beaches.

Our brand-new condo complex, complete with 4 pools, a workout facility, a rooftop deck and other amenities, has a complete of four buildings, with two remaining under twist. We enjoy the largest condo size up in the building, a 2-sleeping room, 630-square-foot unit. For the Philippine Islands, this is quite large, but that may be an adjustment for some Westerners who are used to enormous living spaces.

The total toll of the condo was just over $80,000. If you were to take out a 15-year loan at 5% with nothing drink down, your defrayment would be just $633 per calendar month. When we rented comparable condos in the then in this same area, we paid all but $600 per month.

Compare: 25 Tricks To Sell Your House for a Bigger Profit

Groceries Only Be $250 per Month

The price of groceries in the Philippines can vary greatly contingent whether you go to high-priced supermarkets or inexpensive local markets. Some items are more expensive in the Philippines, including common Southwestern give rise alike broccoli and kale. However, you can develop mint of tropical fruits and vegetables for cheap, including the most delightful mangoes for about $1.10 per kilogram, or just 50 cents per pound. At our local market, you can get under one's skin a kilogram of fresh tuna operating theatre giant shrimp for about $7, or almost $3.18 per pound.

Other Options: 50 Cheapest Countries to Live In

Feeding Out Ranges From $35 at the High Remainder to Just $2 OR Less

For a territorial division city, Davao has a amazing number of high-end dining options. One of the top restaurants in town is Bon Appétit, a French eating house owned past a French expat and his chef wife, who is a native of the Philippines. They tent-fly in gourmet ingredients from around the globe, including chanterelle mushrooms from France, Parmigiano-Reggiano from Italia and spices from Al-Magrib and the Middle Easternmost. The special menu of the month, good enough for deuce, typically runs about $60. Complete with a glass of foreign vino, you put up expect to yield nigh $35 or less per person for this high-end, authentic experience.

There are plenty of very nice midrange options around town arsenic well. Tiny Kitchen, for example, offers Spanish-based fare, including a howling paella, along with decadent homemade cakes and pastries. Your tab should run about $5 to $9, including afters.

You can save straight-grained more away eating at any number of great topical anaestheti restaurants or street vendors. Balik Bukid serves great rustic cuisine much as grilled tuna belly for about $3.50, while savory barbecue chicken with unlimited rice and a drink runs just finished $2 at Mang Inasal.

Also See: These Places Will Pay You to Live In that location — But There's a Catch

How You Give notice Animate on an Island of Your Dreams

If you and so choose, you can indeed live on or near ace of the Philippines' many pristine beaches for cheap. For people like the States WHO still wish the buzz of a city while being near resort destinations, our condo in Davao is the perfect choice, serving as an haven amid the city-born core.

In many ways, life isn't too different on our island than it is living in the U.S. — it's antitrust so much cheaper. We can still blend in pick up newly released movies in an Imax dramatics with recliner seats, simply we can afford to take the whole family in Davao. We bottom get on epicure cuisine without breakage the bank. Eating at lower-cease restaurants and street stalls is still pleasant-tasting and nigh as inexpensive Eastern Samoa feeding at home. Transportation is inexpensive, meaning we can hop on to a beach resort hotel without having to budget for an entire year. And if you're a senior, things are even better. The Philippines offers a 20% discount to resident seniors on nearly everything, from restaurants and hotels to movie theaters, cab fare and medicine.

The bottom line is this: Zero one place has everything for everyone. But if you're looking for to live the island life for tuppeny, you should check knocked out the Philippines.

For other affordable options, keep reading to see 15 countries where home prices are falling.

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Where Can I Live for 800 a Month

Source: https://www.gobankingrates.com/saving-money/budgeting/living-comfortably-island/

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