Well I've had a gut full of Australia so i'm going to try 22,239.97PHP per month. We'll see how it goes. I retire properly in 4.5 years and then my pension goes over your high budget numbers. I also love adventure so i'm going to do it. I know it can be done, it just depends what you are willing to forego. I am willing to forego alot to get away from the stress early.
Hi crum, a much better video, and a new narrative to a cost of living. I'll have to watch this one again to evaluate what my costs will run. This brand is the most credible cost of living ive seen.
Stanley, the info was very interesting. The reason you got these low and high budgets is you picked the smallest and biggest numbers in each category -- that will give you unrealistic low and high totals, because some people may have no vices or but spend extra on western food or housing. More interesting would be the highest and lowest budgets you got in the survey. The average budget that you calculated was very interesting, less than $1000 is amazing. Enjoy your hobbies and the things you like to do -- having a right-sized budget and being comfortable and enjoying every day is great! :)
Nothing amazing about it. I live in mindanao and definitely on the lower end. My petrol prices would be higher but then again I'm running 3 vehicles. (Small car, multicab truck and Honda wave) Then again our rent is $0 We were gifted the house and lot by my wife's parents for our wedding but we had to undergo an extensive renovation. 4k on gasoline for me. I have told other expats that €800 is too much for us and I have been laughed at. We grow our own vegetables and raise pigs and broilers. Not everyone's cup of tea but for me and herself it's our own little piece of heaven. I'd often barter vegetables for rice and such commodities that we don't grow. No money changes hands and it in turn has pulled me closer within the community. Our little farm provides all our needs and more. I am still a long way from retirement. Still a good bit off 50. You can still live comfortably here on a small budget if you know what you are doing
@@gerbourke1952 this is an awesome way to live -- simple, money is not as important, and as you said you are part of the community around you. WAY TO GO! 👍👍👍👍👍
Thanks Stanley for the effort to provide the necessary info we would need. Curious how many American expats live in the Lipa area ? Seems a fairly cheap area to live but yea - under $400 is hard to imagine. Saw a video where one expat paid $300/mo. just on his medications over there ! (ouch) That might be me - I'm on 6 - if - I were over there ? -- Certainly has been good for you. -- I'm in Kentucky near Lexington where near here it's 30% below the national average cost of living. (better area than W Va Miss or Arkansas) -- One very impressive expat did a budget that was 70% below the US average cost of living 2023 about 10 miles S of Cebu in a gated community. Lipa looks pretty good to me. > Have a great day.
Stanley is there a way to email you or direct message about more questions per retiring in the Philippines? Nevermind, I just found the information in video details. Thank you
In a couple years when I move over there, I'll be able to spend about $2900 a month U.S. I want a three bedroom house / condo, a good motorcycle, a cadillac health insurance plan, and a live-in maid.
I'm in Muntinlupa, Metro Manila, my budget as a single guy is as follows: Luxury condo w/parking, gym, pool p45k Food p20k (grocery plus eating out) Net p2.1k Petrol 2k (paid off car and scooter) Water p600 Electric p5-6k Subs p1.3k Im self insured and a SRRV holder. P77k or $1,420 total expenses on a budget of $3,150 monthly. Easy peasy life.
Cost of living my filipina wife dont like so were moving to philippines it not my first choice happy wife happy life i can afford to live in states but why pay all them high taxs house cars insurance if you dont have to. We plan to live on $2200 a month plus self insure health saveing account 3 of us plus medical emergency for family will come up been there done that or donate to a funeral or buy her widowed mother high blood med if nesssary we dont owe her family a living. Yet if she knows you can help and dont she wont be happy.
We will try to do that. It is pretty easy though. A lot of expats don't file taxes because they fall below the standard deduction. Otherwise you just file online like normal. Thanks for watching🙂
For that kind of money, you could live anywhere across Southeast Asia except for Singapore. Almost all would be cheaper and fancier than the ph BUT you ain't gettin laid easy. Your choice. Ill try Langkawi someday. Someone could live in a cave like a bear for $300us a month. If they wanted to. Wouldnt be veery fun, and your girl would be ugly.
How long did it take you to meet 12 Expats? I'm in Eastwood (Quezon City). I guess, I could meet 12 expats in 2-3 weeks. It would likely take me a month. To include 100,000 PHP use median not mean (average) :-)
I apologize but I don't know much about that specific company. We have a video that talks about several health care options, including what I use. There is a link in the description box. Thanks so much for watching 🙂
Hi Stanley, I would like to ask a question regarding having a Schwab bank account. I had a conversation with a person when I visited Dumaguete regarding having a Schwab account. This person said that you could only use your ATM card for 6 months when out of the country or maybe in the same country. Have experienced anything like this in the past with your account? Many thanks in advance. 👍
I haven't had any issues since I arrived. I just update my travel plan on the app after each year. I do the same for my Navy Federal cards. Thanks for watching🙂
I see all these TH-camrs talking about Schwab bank. Most of my money is purchases here are using no-fee U.S. credit cards that I pay with my U.S. bank account. I live in higher end area of Metro Manila but I do not understand the expat vloggers and their need for ATMs. And BTW: where I live I could not find 12 expats to ask. It might take me a month to meeting 12 expats to ask about cost of living.
PH is not the ideal country for foreigners to settle foreigners in PH can't own properties full business ownership don't enjoy same rights of Filipinos & many are deported foreigners obtain PH citizenship if born & raised in PH which is not the case of expat newcomers The PH Dream is real for rich Filipinos only
Crum; good advice. Here's my situation - trolls are welcome, but will be ignored, since their comments are irrelevant and they are simply ill-prepared losers. My wife and I bought property 5 years ago, while we were living in HK, before relocating, from which we garner a decent rental income. We subsequently bought more property, all of which have increased significantly in value. We have a profitable business and substantial savings. We don't pay rent since we own our properties so our expenses are limited to daily costs and the occasional holiday. Our kids are in private schools and university. I won't give an exact figure, but our income exceeds our expenditure and money is not an issue. I didn't come here to survive. I came here to live. It seems that the 'tall poppy' syndrome is not a Filipino trait but universal.
Great Video Crum. Always love the truth in your videos. I was in Batangas, would have loved to meet up with you and get some advice. If you can give me your email, I should be coming back sometime this year. Thanks
We live in the southern outskirts of Lipa City, Batangas. It has a definite provincial feel once you are outside the city proper. But it is close enough to enjoy the amenities the city has to offer. Thanks for watching!
Ok. I been marrid now 4 yers to my phili wife. I live in sweden .she is now here. Butt i want to moove there later in life.hope i can doo it some day.. hawe nise day. from. Tomi..
Thanks Stanley. I really liked your style of research and delivery for a budget!
Thank you, and thanks for watching 🙂
Well I've had a gut full of Australia so i'm going to try 22,239.97PHP per month. We'll see how it goes. I retire properly in 4.5 years and then my pension goes over your high budget numbers. I also love adventure so i'm going to do it. I know it can be done, it just depends what you are willing to forego. I am willing to forego alot to get away from the stress early.
I hear you, your story is not so different than mine for sure. Thanks for watching 🙂
Wow! I would like to hear your story after about 2 years on that budget!
Thanks for the video. Like the survey approach for the different perspective.
You are welcome, and thanks for watching 🙂
Hi crum, a much better video, and a new narrative to a cost of living. I'll have to watch this one again to evaluate what my costs will run. This brand is the most credible cost of living ive seen.
Thanks for the kind words. These are all real numbers that we experience monthly. I hope they help to give an idea🙂
Great video. Thanks for your research & presenting it. 👍
You are welcome, we appreciate you watching the video 🙂
Your videos are great.✅👍🏻
Thank you and thanks for watching🙂
One word comes to mind, believable, compared to other videos on this very important topic; thank you kindly. May blessing continue to abound. 🙂
Thank you very much and thanks for watching 🙂
Nice video and good research.
Thank you and thanks for watching🙂
Excellent video. It was a great idea to ask and then find out the average expat cost in your area.
We appreciate it, and thanks for watching 🙂
❤
Stanley, the info was very interesting.
The reason you got these low and high budgets is you picked the smallest and biggest numbers in each category -- that will give you unrealistic low and high totals, because some people may have no vices or but spend extra on western food or housing.
More interesting would be the highest and lowest budgets you got in the survey. The average budget that you calculated was very interesting, less than $1000 is amazing.
Enjoy your hobbies and the things you like to do -- having a right-sized budget and being comfortable and enjoying every day is great! :)
Thanks for the input, we appreciate it and thanks for watching 🙂
Nothing amazing about it.
I live in mindanao and definitely on the lower end.
My petrol prices would be higher but then again I'm running 3 vehicles. (Small car, multicab truck and Honda wave)
Then again our rent is $0
We were gifted the house and lot by my wife's parents for our wedding but we had to undergo an extensive renovation.
4k on gasoline for me.
I have told other expats that €800 is too much for us and I have been laughed at.
We grow our own vegetables and raise pigs and broilers.
Not everyone's cup of tea but for me and herself it's our own little piece of heaven.
I'd often barter vegetables for rice and such commodities that we don't grow.
No money changes hands and it in turn has pulled me closer within the community.
Our little farm provides all our needs and more.
I am still a long way from retirement. Still a good bit off 50.
You can still live comfortably here on a small budget if you know what you are doing
@@gerbourke1952 Very well said! We appreciate you input, it helps to get info from other expats that have boots on the ground.
@@gerbourke1952 this is an awesome way to live -- simple, money is not as important, and as you said you are part of the community around you.
WAY TO GO! 👍👍👍👍👍
@@gerbourke1952headed to Lugait just north of Iligan city. I like to hear your type of story.
Thank you Stanley great informations😎👍
Very welcome, thanks for watching the video 🙂
Thank you sir for the information
You are welcome, we appreciate you watching 🙂
Thanks Stanley for the effort to provide the necessary info we would need. Curious how many American expats live in the Lipa area ? Seems a fairly cheap area to live but yea - under $400 is hard to imagine. Saw a video where one expat paid $300/mo. just on his medications over there ! (ouch) That might be me - I'm on 6 - if - I were over there ? -- Certainly has been good for you. -- I'm in Kentucky near Lexington where near here it's 30% below the national average cost of living. (better area than W Va Miss or Arkansas) -- One very impressive expat did a budget that was 70% below the US average cost of living 2023 about 10 miles S of Cebu in a gated community. Lipa looks pretty good to me. > Have a great day.
You are welcome, there are quite many expats in the area. Thanks for watching!🙂
Hello Stanley, I liked this video. Great job!
Stanley is there a way to email you or direct message about more questions per retiring in the Philippines? Nevermind, I just found the information in video details. Thank you
Thank you very much and thanks for watching 🙂
Very informative video that helped me a lot to put things in perspective thanks for sharing that😊
You are welcome, thanks for watching🙂
Thank you Stan for this video
You are welcome, and thanks for watching 🙂
Great information as always. Thank you so much.
Thanks as always Mark!
I really enjoyed this video 👍🏼
Thank you and thanks for watching🙂
In a couple years when I move over there, I'll be able to spend about $2900 a month U.S. I want a three bedroom house / condo, a good motorcycle, a cadillac health insurance plan, and a live-in maid.
You should have no problems achieving that with your income. Thanks for watching 🙂
Thanks!
Thank you so very much 🙂
Very nice research. Although, fuel is a bunch cheaper there, than in Dumaguete, or the tourist area i'm in. Siquijor. You're really selling Lipa! 😂
Thank you and thanks for watching 🙂
Thanks for the information
You are welcome, thanks for watching🙂
I'm in Muntinlupa, Metro Manila, my budget as a single guy is as follows:
Luxury condo w/parking, gym, pool p45k
Food p20k (grocery plus eating out)
Net p2.1k
Petrol 2k (paid off car and scooter)
Water p600
Electric p5-6k
Subs p1.3k
Im self insured and a SRRV holder. P77k or $1,420 total expenses on a budget of $3,150 monthly. Easy peasy life.
That sounds awesome! Thanks for watching🙂
Cost of living my filipina wife dont like so were moving to philippines it not my first choice happy wife happy life i can afford to live in states but why pay all them high taxs house cars insurance if you dont have to. We plan to live on $2200 a month plus self insure health saveing account 3 of us plus medical emergency for family will come up been there done that or donate to a funeral or buy her widowed mother high blood med if nesssary we dont owe her family a living. Yet if she knows you can help and dont she wont be happy.
Thanks for sharing with us. We appreciate you watching the video!
Can you do a video on retiring in the philippines on Social Security and how to still file taxes every year with the IRS. How and where to file?
We will try to do that. It is pretty easy though. A lot of expats don't file taxes because they fall below the standard deduction. Otherwise you just file online like normal. Thanks for watching🙂
Can you get a regular good turkey sub sandwich? and is there a chicken Caesar salad out there that is good?
Yes, you can find those, but you might have to search them out. Those are not plentiful. Thanks for watching the video
Thank you. I give you an A+ for effort. Is it for 2 people? It wasn’t clear to me.
The numbers came from 13 different households, some were single guys and others had families. Thanks for watching 🙂
Hope hereon TH-cam talking about living in Philippines cost talking too much about others than actual important things like rentplus groceries ,
Thanks for sharing and thanks for watching the video 🙂
How do I reach you
Love your channel
Thx pal
My email address is stanleycrum1@gmail.com. We appreciate you watching the video 🙂
For that kind of money, you could live anywhere across Southeast Asia except for Singapore. Almost all would be cheaper and fancier than the ph BUT you ain't gettin laid easy. Your choice. Ill try Langkawi someday. Someone could live in a cave like a bear for $300us a month. If they wanted to. Wouldnt be veery fun, and your girl would be ugly.
Thanks for the input, lol 🙂 To each his own, we appreciate you watching 🙂
what is the average budget for ballcaps/ tractor hats, goatee beard oil and stretched-out T-shirts of an American retiree in the Phillippines?
I wouldn't know, sorry. Happy Holidays 🙂
How long did it take you to meet 12 Expats? I'm in Eastwood (Quezon City). I guess, I could meet 12 expats in 2-3 weeks. It would likely take me a month. To include 100,000 PHP use median not mean (average) :-)
It took about a month to complete the survey. There are a lot of expats in the Lipa area. Thanks for watching 🙂
What can you tell us about health care Pacific cross is the best for foreigners is that right
I apologize but I don't know much about that specific company. We have a video that talks about several health care options, including what I use. There is a link in the description box. Thanks so much for watching 🙂
Hi Stanley, I would like to ask a question regarding having a Schwab bank account. I had a conversation with a person when I visited Dumaguete regarding having a Schwab account. This person said that you could only use your ATM card for 6 months when out of the country or maybe in the same country. Have experienced anything like this in the past with your account? Many thanks in advance. 👍
I haven't had any issues since I arrived. I just update my travel plan on the app after each year. I do the same for my Navy Federal cards. Thanks for watching🙂
I see all these TH-camrs talking about Schwab bank. Most of my money is purchases here are using no-fee U.S. credit cards that I pay with my U.S. bank account. I live in higher end area of Metro Manila but I do not understand the expat vloggers and their need for ATMs. And BTW: where I live I could not find 12 expats to ask. It might take me a month to meeting 12 expats to ask about cost of living.
Can i live on about 1800 a month my man 🎉🎉🎉🎉🎉🎉🎉🎉🎉
That is very possible depending upon your needs and style of living. Thanks for dropping by 🙂
Yes!
PH is not the ideal country for foreigners to settle foreigners in PH can't own properties full business ownership don't enjoy same rights of Filipinos & many are deported foreigners obtain PH citizenship if born & raised in PH which is not the case of expat newcomers The PH Dream is real for rich Filipinos only
You are right, it definitely is not for everyone. Thanks for the input and thanks for watching
Crum; good advice. Here's my situation - trolls are welcome, but will be ignored, since their comments are irrelevant and they are simply ill-prepared losers. My wife and I bought property 5 years ago, while we were living in HK, before relocating, from which we garner a decent rental income. We subsequently bought more property, all of which have increased significantly in value. We have a profitable business and substantial savings. We don't pay rent since we own our properties so our expenses are limited to daily costs and the occasional holiday. Our kids are in private schools and university. I won't give an exact figure, but our income exceeds our expenditure and money is not an issue. I didn't come here to survive. I came here to live. It seems that the 'tall poppy' syndrome is not a Filipino trait but universal.
Sounds good, thanks for watching 🙂
Great Video Crum. Always love the truth in your videos. I was in Batangas, would have loved to meet up with you and get some advice. If you can give me your email, I should be coming back sometime this year. Thanks
Thanks for the kind words. My email is stanleycrum1@gmail.com. Just let us know when you make it here.🙂
DO YOU LIVE IN CITY ORE PROVINS?
We live in the southern outskirts of Lipa City, Batangas. It has a definite provincial feel once you are outside the city proper. But it is close enough to enjoy the amenities the city has to offer. Thanks for watching!
Ok. I been marrid now 4 yers to my phili wife. I live in sweden .she is now here. Butt i want to moove there later in life.hope i can doo it some day.. hawe nise day. from. Tomi..