Cost of living and prices in Cebu, prices of food, rent, shopping, etc. 🇵🇭
Updated Jul 2023

Cebu is a vibrant city located in the South-Eastern Asia region of the Philippines. It boasts a population of 922,611 people and is situated at an elevation of 37 meters above sea level. The city operates on the Asia/Manila time zone, GMT: 8.0, and is known for its rich culture and historic landmarks.

Despite its popularity as a tourist destination, Cebu offers a low cost of living compared to other major cities in the region. Accommodation, food, and transportation are affordable and readily available. The city also has a thriving economy, with industries such as electronics, manufacturing, and business process outsourcing contributing to its growth.

In addition, Cebu has a diverse range of educational institutions and healthcare facilities, making it an ideal destination for students and expats. The city is also known for its stunning beaches, natural beauty, and popular festivals such as the Sinulog Festival, which celebrates the city's patron saint, Santo Niño.

Overall, Cebu's combination of affordability, culture, and amenities make it an attractive destination for those seeking a high quality of life in the Philippines.

Cost of Living Estimate in Cebu

Total cost of living in Cebu for two person with average consumption for one month will be 637.13 USD, no rent price included. Click here to calculate cost-of-living estimate in Cebu

You can calculate cost of living in Cebu by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you're a foodie visiting Cebu, Philippines, you're in luck! Cebu offers various eating options ranging from local street food vendors to high-end restaurants. You can try some of the best and authentic Filipino cuisines in local restaurants that offer a variety of seafood, meat, and vegetables dishes. Cebu is also known for its popular lechon, a roasted pig dish that locals say is the best in the country. For more adventurous eaters, there are also food markets that offer exotic dishes such as balut (a fertilized duck egg) and isaw (grilled chicken intestines), which are considered delicacies. Overall, Cebu is a food lover's paradise that offers a wide range of eating options to cater to everyone's taste buds.

Cebu also has several dining destinations that offer spectacular views of the city and the surrounding areas. You can find rooftop restaurants and bars that provide exquisite views of the city skyline while you savor your meal. Some of these restaurants offer international cuisines such as Italian, Japanese, and Korean, which can give you a break from local dishes. If you're looking for a romantic dining experience, there are also beachside restaurants that offer a serene atmosphere with the sound of the ocean as your backdrop. Whether it's a casual night out or a special occasion, Cebu has plenty of dining options that cater to different preferences and budgets.

Meal in Inexpensive Restaurant
3.75 $
Meal for 2 People, Mid-range Restaurant, Three-course
20.81 $
McMeal at McDonalds or Alternative Combo Meal
3.12 $
Domestic Beer, 0.5 liter Draught
1.30 $
Cappuccino
2.61 $
Coca-Cola, 0.33 liter Bottle
0.86 $
Imported Beer, 0.33 liter Bottle
2.34 $

Markets prices

Cebu, Philippines is a bustling city with a wide range of shopping options for residents and tourists alike. The market prices in Cebu can vary depending on the product, quality, and location. Visitors can find everything from street markets selling fresh produce and local handicrafts to high-end shopping centers with luxury brands. Regardless of your budget, Cebu has something for everyone.

When it comes to food, Cebu is a haven for seafood lovers. Locals and tourists can take advantage of the island's fresh catch from local fishermen. In addition to seafood, Cebu is also known for its tropical fruits, such as mangoes and pineapples. If you're looking for a budget-friendly meal or a gourmet dining experience, Cebu has many options to choose from. With so many markets, grocery stores, and restaurants, it's easy to find good food at reasonable prices in Cebu.

Imported Beer, 0.33 liter Bottle
2.08 $
Water, 0.33 liter Bottle
0.53 $
Milk, Regular,1 liter
1.88 $
Loaf of Fresh White Bread, 0.5 kg
1.35 $
White Rice, 1 kg
1.13 $
Eggs, 12 pack
1.84 $
Local Cheese, 1 kg
7.91 $
Chicken Breasts, Boneless and Skinless, 1 kg
4.31 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
8.88 $
Apples, 1 kg
2.78 $
Banana, 1 kg
1.82 $
Oranges, 1 kg
2.50 $
Tomato, 1 kg
1.82 $
Potato, 1 kg
2.11 $
Onion, 1 kg
2.38 $
Lettuce, 1 head
1.37 $
Water, 1.5 liter Bottle
0.61 $
Bottle of Wine, Mid-Range Price
7.28 $
Domestic Beer, 0.5 liter Bottle
1.17 $
Pack of Cigarettes
2.19 $

Transportation prices

Cebu, Philippines offers various modes of transportation that are both easy and affordable for travelers. The most popular one is the jeepney, which is a locally-made vehicle that can accommodate up to 20 passengers. Jeepneys have designated routes around the city, making it convenient for travelers to hop on and off at desired locations. For a more comfortable ride, taxis and Grab cars are also available. These options provide air-conditioned and spacious vehicles, perfect for long rides and travels with luggage.

Another interesting transportation option in Cebu is the habal-habal. It is a motorcycle that serves as a taxi service that can take you to remote and difficult-to-reach locations. Travelers can ride on the back of the motorcycle, which can be a thrilling experience. However, it is important to take safety precautions, such as wearing helmets and negotiating prices beforehand. Overall, the transportation options in Cebu, Philippines cater to the needs of all kinds of travelers, making it easy and accessible to explore the city and its surroundings.

One-way Ticket, Local Transport
0.20 $
Monthly Pass, Regular Price
8.00 $
Taxi Start, Normal Tariff
0.83 $
Taxi, price for 1 km, Normal Tariff
0.28 $
Taxi, price for 1 hour Waiting, Normal Tariff
2.50 $
Gasoline, 1 liter
1.06 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
28,098.09 $

Utilities Per Month prices

Traveling to Cebu, Philippines may not only require a budget for accommodation and food, but also for utilities. The cost of basic utilities in Cebu, such as electricity, water, and gas, may differ from other countries or regions. It is important to take note that the cost of such utilities may vary depending on the location, usage, and season.

One way to manage the cost of utilities while traveling in Cebu is to be mindful of the use of air conditioning units, as it is one of the biggest contributors to electricity bills. Some hotels and accommodations may charge extra for the use of air conditioning units, while others offer it for free. It is also possible to save on water bills by being mindful of water usage and practicing eco-friendly habits such as taking shorter showers and turning off the faucet while brushing teeth. Understanding the cost of utilities in Cebu and adopting practical ways to save can help travelers plan and budget accordingly for their trip.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
106.25 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.15 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
49.06 $

Sports And Leisure prices

For those who enjoy the outdoors and physical activity, Cebu has plenty of options for sports and leisure. Water sports are particularly popular, with opportunities to try out scuba diving, jet skiing, and snorkeling in the clear waters of the surrounding ocean. If you prefer to stay on land, there are also plenty of hiking trails and mountain biking routes in the nearby hills, which offer stunning views across the island.

If relaxation is more your thing, there are also plenty of leisure activities to enjoy in Cebu. The island has a number of luxury spas offering massages, facials, and other treatments to help you unwind and de-stress. Alternatively, you could take a leisurely stroll along one of the island's many picturesque beaches, or spend some time exploring the local markets and street food scene in the city.

Fitness Club, Monthly Fee for 1 Adult
38.71 $
Tennis Court Rent, 1 Hour on Weekend
9.37 $

Salaries And Financing prices

When it comes to salaries in Cebu, Philippines, it's important to keep in mind that the cost of living is generally lower compared to other major cities in the world. While salaries may not be as high as in some Western countries, the cost of food, transportation, and accommodation is also relatively lower. This means that even with a lower salary, people in Cebu can still afford the essentials and have a good quality of life.

Financing in Cebu can be quite accessible and convenient for travelers. Many banks and financial institutions offer services that cater to the needs of both locals and tourists alike. For example, you can easily exchange your foreign currency or withdraw cash from ATMs. Additionally, credit cards are widely accepted in many shops, restaurants, and hotels, so you don't have to worry about carrying large amounts of cash with you. Overall, financing in Cebu is relatively hassle-free, making it easy for travelers to manage their expenses and enjoy their trip without any worries.

Cinema ticket, 1 Seat
6.04 $
Average Monthly Net Salary, After Tax
376.47 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
9.67 %

Childcare prices

Childcare prices in Cebu, Philippines vary depending on the type of facility and the quality of education provided. Schools and kindergartens offer different rates and programs that cater to the needs of children and parents. Some schools have advanced programs, while others have basic curriculum.

Most schools and kindergartens in Cebu, Philippines have affordable rates that are reasonable for parents. They offer a variety of services, such as snacks, transportation, and extracurricular activities. Additionally, many of them have flexible schedules that work well for working parents. However, some high-end schools have higher tuition fees due to their more advanced facilities and resources. Overall, there are many options available for parents looking for childcare in Cebu, Philippines.

Private Preschool or Kindergarten, Monthly for 1 Child
91.06 $
International Primary School, Yearly for 1 Child
5,931.82 $

Clothing And Shoes prices

Clothing and shoes prices in Cebu, Philippines vary depending on the brand and quality. There are countless options available to suit different budgets and styles, from high-end designer labels to more affordable local brands. It's worth checking out the many shopping malls and department stores in the city for a wide range of options, or you can explore the smaller shops and market stalls in the local communities for more unique finds and bargains.

One of the most popular places to shop for clothing and shoes in Cebu is the Ayala Center. Here, you'll find an extensive selection of local and international brands that cater to all tastes and budgets. Another popular option is SM City Cebu, which has a huge variety of shops and stores selling clothing and shoes for all occasions. For those who want to support local businesses, Carbon Market is a great choice. This bustling market is known for its affordable clothing and footwear, and you can haggle with the vendors to get the best prices.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
48.91 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
21.15 $
Pair of Running Shoes, Mid-Range Price
78.63 $
Pair of Leather Business Shoes
65.04 $

Rent Per Month prices

Are you planning a short stay in Cebu, Philippines? Good news! There are plenty of short-term rental options available to suit any budget. From luxurious condos to cozy apartments, you'll find something to fit your needs. Short-term stays can range from a few days to several weeks, making it easy to find accommodation that suits your itinerary.

When choosing a short-term rental in Cebu, you have the option of staying in the city center or in one of the surrounding suburbs. Prices vary depending on the location, size, and type of rental you select. If you're looking for a luxurious experience, there are high-end options available that offer all the amenities you could imagine. However, there are also many affordable options that provide comfortable and welcoming accommodations at a reasonable price.

One bedroom apartment in city centre
484.99 $
One bedroom apartment outside of city centre
307.30 $
Three bedroom apartment in city centre
903.65 $
Three bedroom apartment outside of city centre
504.99 $

Buy Apartment prices

Cebu, Philippines is a real estate hot spot for both locals and foreigners alike. It offers a variety of buying options from condo units to single-detached houses. Condo living has become particularly popular due to its convenience and the availability of amenities. For those who prefer a larger space, there are also townhouses and single-detached homes available.

Prices for real estate in Cebu vary depending on the location, size, and type of property. Some of the most expensive areas are Cebu City and Mactan Island, while more affordable options are available in the outskirts of the city. For those who are looking for a good investment, buying real estate in Cebu has proven to be profitable as property values continue to appreciate over time. Whether you're looking for a home for your family or an investment property, there are plenty of options available in Cebu.

Price per m2 to Buy Apartment in City Center
2,497.09 $
Price per m2 to Buy Apartment Outside of City Center
1,055.32 $