F.I.R.E (financial independence retire early)

Recommended Posts

boyee
Posted
Posted

HI Tim, thanks for the reply and help.  My mom is a Texan.  I happen to live in the most expensive city in the Country.  My coworker was looking for a starter house and every weekend was out bid by at least 20 people.  Nothing stays on the market past the first open house weekend.  He finally found a fixer upper for just over one million.  Yes wages are higher here but what a rat race.  Hence our reason for frugal living.  I love my country but consumerism and lifestyle inflation makes me want to vomit.  Get me outta here!  Anyway I have no idea how far 2k to 3k a month can go in pi.  

  • Like 1
  • I'm Confused 1
Link to comment
Share on other sites

BrettGC
Posted
Posted
10 minutes ago, boyee said:

HI Tim, thanks for the reply and help.  My mom is a Texan.  I happen to live in the most expensive city in the Country.  My coworker was looking for a starter house and every weekend was out bid by at least 20 people.  Nothing stays on the market past the first open house weekend.  He finally found a fixer upper for just over one million.  Yes wages are higher here but what a rat race.  Hence our reason for frugal living.  I love my country but consumerism and lifestyle inflation makes me want to vomit.  Get me outta here!  Anyway I have no idea how far 2k to 3k a month can go in pi.  

It's not 100% but it will give you good "ball park" figures. It's accuracy is entirely up to us so feel free to input some data yourself too :smile: 

Just add the city you're in and then add a city you're considering.

https://www.numbeo.com/cost-of-living/compare_cities.jsp?country1=United+States&country2=Philippines&city1=San+Francisco%2C+CA&city2=Dumaguete

  • Like 2
Link to comment
Share on other sites

boyee
Posted
Posted

Wow, those numbers for SF are pretty accurate.  The comparison city Dumaguete.  Is that a typical city in terms of costs?

Link to comment
Share on other sites

BrettGC
Posted
Posted
11 minutes ago, boyee said:

Wow, those numbers for SF are pretty accurate.  The comparison city Dumaguete.  Is that a typical city in terms of costs?

Yep, outside of the big 3:  Manila, Cebu and to a lesser extent Davao.  

The further away you get from these places the more costs tend to go down but on the flipside so do services.

Simple rule of thumb I follow in PI:  The higher the population, the higher the upper end income and therefore higher costs.  Just a general rule of thumb, not hard and fast. 

  • Like 3
Link to comment
Share on other sites

Jack Peterson
Posted
Posted

 Boots on the Ground is by far the best way, :smile:

  • Like 2
Link to comment
Share on other sites

BrettGC
Posted
Posted
1 minute ago, Jack Peterson said:

 Boots on the Ground is by far the best way, :smile:

Around the 9th of the month perhaps...

  • Like 2
  • Haha 1
Link to comment
Share on other sites

OnMyWay
Posted
Posted
10 minutes ago, BrettGC said:

Yep, outside of the big 3:  Manila, Cebu and to a lesser extent Davao.  

The further away you get from these places the more costs tend to go down but on the flipside so do services.

Simple rule of thumb I follow in PI:  The higher the population, the higher the upper end income and therefore higher costs.  Just a general rule of thumb, not hard and fast. 

I have used those types of tools before and they are a handy starting point, but some items can be way off.  I'm not sure if it was this one or another, but I believe they collect the data from users and sometimes the data can be quite old or incorrect.  Even though it says updated Nov., 17, that does not mean every item is updated.  Maybe only 1.

Those Dumaguete prices for food sound way to good to me but perhaps some Duma residents can comment.  If you can find a good head of lettuce for p20, please send me some and I will pay the shipping!

Sometime it is "apples and oranges" comparison too.  Comparing the local beef here to U.S. beef is an example.  If you buy U.S. frozen beef here, it will be much higher than the U.S., and not widely available.

 

  • Like 2
  • Thanks 1
Link to comment
Share on other sites

Jack Peterson
Posted
Posted
2 minutes ago, OnMyWay said:

  If you can find a good head of lettuce for p20,

 Would be nice to Find a Head of lettuce just at this time

Link to comment
Share on other sites

OnMyWay
Posted
Posted
6 minutes ago, Jack Peterson said:

 Would be nice to Find a Head of lettuce just at this time

Yes, the only time we get a good one is in Baguio.  Here is Subic, they are usually terrible and can cost up to p500!  So, I don't eat lettuce except at a good resto.

Link to comment
Share on other sites

BrettGC
Posted
Posted
41 minutes ago, OnMyWay said:

I have used those types of tools before and they are a handy starting point, but some items can be way off.  I'm not sure if it was this one or another, but I believe they collect the data from users and sometimes the data can be quite old or incorrect.  Even though it says updated Nov., 17, that does not mean every item is updated.  Maybe only 1.

Those Dumaguete prices for food sound way to good to me but perhaps some Duma residents can comment.  If you can find a good head of lettuce for p20, please send me some and I will pay the shipping!

Sometime it is "apples and oranges" comparison too.  Comparing the local beef here to U.S. beef is an example.  If you buy U.S. frozen beef here, it will be much higher than the U.S., and not widely available.

 

That's why I said "ball park" and they're only as accurate as the data we input. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...