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

When visiting Iloilo, Philippines, one thing is for sure: you won't go hungry. This region is known for its delicious seafood, which can be found in abundance at many local restaurants. Some popular dishes include grilled squid, shrimp, and fish cooked in a variety of ways. If seafood isn't your thing, don't worry – there are plenty of other options available as well. From traditional Filipino cuisine to international fare, you're sure to find something to satisfy your taste buds.

In addition to the many restaurants serving up delicious meals, Iloilo also offers several unique dining experiences. For example, you can take a food tour of the city, sampling popular dishes and learning about the local culture along the way. Or, if you're looking for something truly special, why not try a meal prepared by a local chef in their home? These intimate dining experiences give you a glimpse into daily life in Iloilo, and allow you to connect with the locals in a unique way. No matter what your preferences, you're sure to find plenty of interesting and delicious dining options in Iloilo.

Iloilo City, Philippines is known for its bustling markets filled with fresh fruits, vegetables, and seafood. Prices at the market vary depending on the season and availability of certain products. It's not uncommon for locals to haggle with vendors for a better price, making the market experience even more fun and interactive. With a little bit of bargaining skills, visitors to Iloilo can leave the market with a bag full of delicious and affordable produce.

The market scene in Iloilo also extends beyond fresh food. Shops selling textiles, crafts, and souvenirs can also be found throughout the city. Prices for these items tend to be much lower compared to tourist areas, making it a great place to shop for unique finds without breaking the bank. Whether you're looking for fresh ingredients for a home-cooked meal or a locally-made keepsake, the market scene in Iloilo is definitely worth checking out.

Iloilo has various transportation options that can cater to different travelers' needs. One of the popular modes of transportation in the city is jeepneys. These colorful and uniquely decorated public utility vehicles can bring you to different destinations within Iloilo City and the surrounding areas. Riding a jeepney is a great way to experience the Filipino culture and interact with the locals. Just remember to pay attention to the sign on the jeepney's windshield to know its route and destination.

If you want a more comfortable and faster mode of transportation, you can take a taxi or a car hire service. Taxis can be easily hailed along the streets of Iloilo, and they have meters to calculate the fare. Car hire services, on the other hand, give you more flexibility in terms of the itinerary and travel time. It is an excellent option for those who want to explore Iloilo's attractions outside the city center. Just make sure to arrange your transportation ahead of time, especially during peak tourist season.

Utilities cost in Iloilo, Philippines is considered to be relatively affordable compared to other provinces in the country. One of the most significant expenses is the electric bill. However, many local residents find it manageable since the cost per kWh is relatively low. Additionally, water supply in the city is also affordable, and it's consistently available throughout the day. Most households within the city and surrounding areas have access to piped water, making it convenient for travelers who rely on hotel and Airbnb accommodations.

On the other hand, internet and cable TV expenses in Iloilo might be slightly higher than other essential utilities. This is primarily due to the limited providers and their packages that offer quality and reliable internet services. Nonetheless, local cafes and restaurants provide free Wi-Fi access, making it easy for travelers to stay connected with their loved ones back home. Overall, utilities cost in Iloilo, Philippines is manageable, and budget-friendly compared to other tourist spots in the country.

When it comes to sports and leisure activities, Iloilo City has something for everyone. For outdoor enthusiasts, there are several parks and gardens where they can relax or have a picnic with family and friends. One of the most popular is the Iloilo River Esplanade, which offers a scenic view of the river while walking, jogging, or biking. On weekends, there are also various events and activities, such as zumba sessions, live music performances, and food fairs. Sports enthusiasts can head to sports complexes like the Iloilo Sports Complex and engage in various activities like basketball, volleyball, and badminton. Iloilo also has golf courses and resorts where visitors can relax, take in the scenery and play a round of golf.

For those seeking indoor leisure activities, Iloilo has several shopping malls and entertainment centers where they can shop, dine, watch movies, or play games. One of the shopping centers you shouldn't miss is the Iloilo Business Park, home to several unique stores, cafes, and restaurants. It also features a public park called the Festive Walk that offers a beautiful view of the city. There are also movie theaters and game arcades where visitors can release their stress and have some fun. Another popular attraction is the Iloilo Museum of Contemporary Art, showcasing contemporary artworks from local and international artists. Meanwhile, those who love music will enjoy visiting bars and clubs in the city that offer live performances from local musicians and bands.

Salaries in Iloilo, Philippines are generally lower compared to other cities in the country. However, the cost of living in Iloilo is also lower than in Manila or Cebu, making it a more affordable place to live and work. Many locals work in industries such as agriculture, fishing, and manufacturing, while others are employed in the growing BPO (business process outsourcing) industry. For travelers visiting Iloilo, it's worth noting that the lower salaries often mean lower prices for goods and services, including food, transportation, and accommodations.

Financing in Iloilo, Philippines is relatively easy for travelers thanks to the numerous banks, ATMs, and money exchange centers scattered throughout the city. Major credit cards are widely accepted in shopping malls and restaurants, but smaller businesses may only accept cash. It's also worth noting that the Philippines has a relatively high ATM fee compared to other countries, so be prepared to pay a small fee whenever you withdraw money. It's always a good idea to bring a mix of cash and cards when traveling to Iloilo to ensure you have access to money as needed.

Childcare prices in Iloilo, Philippines vary depending on the type of establishment. Parents can choose from traditional schools or more modern kindergartens. Traditional schools in Iloilo tend to be more affordable, but they may not offer the same level of personalized attention as modern kindergartens. However, modern kindergartens usually have higher fees due to the additional services and amenities they provide, such as air-conditioned classrooms and in-house healthcare.

Parents in Iloilo also have the option of sending their children to international schools, which provide globally recognized curriculums and often have higher tuition fees. These schools usually have highly experienced faculty members and state-of-the-art facilities. Ultimately, the price of childcare in Iloilo will depend on a variety of factors, such as the quality of the education and the amenities offered. Parents should do their research and make informed decisions when choosing a childcare provider for their children.

When it comes to buying clothing and shoes in Iloilo, there are many options to choose from. From high-end designer boutiques to affordable street markets, you'll find a wide range of stores to fit your budget and style. Whether you're looking for trendy pieces or classic staples, you'll be able to find exactly what you need without breaking the bank.

For those who want to stay on top of the latest trends, there are plenty of high-end clothing and shoe stores in Iloilo. Here, you'll find the latest fashions from top designers and brands from around the world. If you're more budget-conscious, you can also find great deals at local markets and street vendors. These vendors offer a variety of clothing and accessories at highly competitive prices, making it easy for you to update your wardrobe without emptying your wallet.

If you're planning to stay in Iloilo for a short period, short-term rental options are available for your convenience. You can choose from different types of accommodation such as apartments, condominiums, and hotels, depending on your preference. The prices for these short-term rental options vary but are generally affordable, giving you the comfort and privacy you need while staying in Iloilo.

For those who prefer to stay in Iloilo for a longer period but don't want to commit to a long-term lease, there are also flexible stay options available. You can choose from serviced apartments or aparthotels that offer weekly or monthly rates. These options provide you with more amenities than a traditional hotel room and give you the freedom to come and go as you please. The prices for these longer stay options also vary but are often cheaper than staying in a hotel for the same duration.

Buying a property in Iloilo, Philippines is an excellent option for those who are looking to invest in real estate. With a growing economy, the city is an attractive location for both local and foreign buyers. From affordable starter homes to luxurious condominiums, Iloilo has a wide range of options to fit different budgets and lifestyles.

One of the biggest advantages of buying property in Iloilo is the low cost of living. The cost of construction is relatively low, which means that the prices of properties are also affordable compared to other larger cities in the Philippines. Moreover, the city is quickly developing, which means that the appreciation of property values is on the rise. Despite economic growth and rising property values, the Philippine government has several initiatives that offer incentives for foreigners to acquire properties in the country.