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

Makati is a bustling city in the Philippines, located in South-Eastern Asia. It is home to a population of 582,602 people and is situated at an elevation of 14 meters above sea level. The city operates on the Asia/Manila time zone, GMT: 8.0.

Makati is known for its modern high-rise buildings, upscale shopping centers, and vibrant nightlife scene. As one of the financial centers of the Philippines, Makati offers numerous job opportunities. With its cosmopolitan atmosphere, expats and tourists alike are drawn to the city. Despite its reputation as a modern metropolis, Makati still has pockets of cultural attractions to explore, including the Ayala Museum and the Nuestra Señora de Gracia Church. Overall, Makati is a city that appeals to those seeking a high-energy urban experience.

When it comes to cost of living, Makati is known to be one of the more expensive cities in the Philippines. However, it is still more affordable than many major cities around the world. The cost of food, transportation, and entertainment is generally affordable. Expats can find modern apartments, shopping centers, and international schools all within the city, although these amenities may come at a premium price. Overall, Makati offers a high-quality of life for those who can afford it.

Cost of Living Estimate in Makati

Total cost of living in Makati for two person with average consumption for one month will be 874.3 USD, no rent price included. Click here to calculate cost-of-living estimate in Makati

You can calculate cost of living in Makati 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

Makati, Philippines is a culinary hotspot with a wide range of restaurants and eating options that will appeal to any taste bud. Take a stroll around the city, and you'll easily find fast-food chains, high-end restaurants, and street food vendors within walking distance.

If you're looking for a luxurious dining experience, head to one of Makati's top-rated restaurants offering mouth-watering cuisine from around the world. Some of the restaurants that come to mind include the Blackbird, Mamou, and the Wildflour Café and Bakery. Alternatively, if you want to experience the local culture, explore the street food scene, where vendors sell all kinds of Filipino dishes at affordable prices. Some of the popular street foods include isaw, fish balls, and balut (a fertilized duck egg).

Meal in Inexpensive Restaurant
4.16 $
Meal for 2 People, Mid-range Restaurant, Three-course
29.14 $
McMeal at McDonalds or Alternative Combo Meal
3.49 $
Domestic Beer, 0.5 liter Draught
1.46 $
Imported Beer, 0.33 liter Bottle
2.08 $
Cappuccino
2.78 $
Coca-Cola, 0.33 liter Bottle
1.15 $

Markets prices

Makati is known as one of the most affluent cities in the Philippines, hosting a multitude of businesses and high-end residential areas. Its central location in Metro Manila has led to a high cost of living, with market prices reflective of the city's affluence. Locals and expatriates alike can expect to pay a premium for goods and services, particularly within the city's central business district where rent prices are among the highest in the country.

However, the price premium in Makati is often justified by the high quality of goods and services available in the area. The city is home to several premier shopping centers and restaurants that cater to the tastes of the urban elite. Additionally, the availability of luxury items and personalized services make the city an attractive destination for those who value quality over cost. For those who can afford it, the high market prices in Makati are seen as a worthwhile investment in a premium lifestyle.

Water, 0.33 liter Bottle
0.47 $
Milk, Regular,1 liter
2.21 $
Loaf of Fresh White Bread, 0.5 kg
2.09 $
White Rice, 1 kg
1.40 $
Eggs, 12 pack
2.84 $
Local Cheese, 1 kg
10.78 $
Chicken Breasts, Boneless and Skinless, 1 kg
5.71 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
9.32 $
Apples, 1 kg
4.52 $
Banana, 1 kg
3.04 $
Oranges, 1 kg
5.82 $
Tomato, 1 kg
3.65 $
Potato, 1 kg
3.77 $
Onion, 1 kg
2.37 $
Lettuce, 1 head
3.87 $
Water, 1.5 liter Bottle
1.20 $
Bottle of Wine, Mid-Range Price
20.81 $
Domestic Beer, 0.5 liter Bottle
1.52 $
Imported Beer, 0.33 liter Bottle
1.88 $
Pack of Cigarettes
2.21 $

Transportation prices

Makati, Philippines is one of the busiest business districts in the country, making transportation a major concern for visitors. The most popular and convenient option is the taxi, which can be hailed on the street or through ride-sharing apps. However, traffic can be heavy during peak hours, especially on major thoroughfares like Ayala Avenue and EDSA. Another option is the MRT, a metro train system that runs along EDSA, providing easy access to major areas in the city. However, it can get overcrowded during rush hour, so it's best to avoid peak times if possible.

For a more affordable and adventurous mode of transportation, visitors can also try the jeepneys. These colorful and uniquely designed vehicles are a staple of Philippine culture, and can be a fun way to get around while immersing oneself in the local experience. However, they can also be quite crowded and uncomfortable, especially during long rides. Bike-sharing services and walkways are also available for those who prefer to travel via foot or pedaling. Overall, Makati offers a diverse range of transportation options that cater to different needs and preferences.

One-way Ticket, Local Transport
0.31 $
Monthly Pass, Regular Price
13.03 $
Taxi Start, Normal Tariff
0.83 $
Taxi, price for 1 km, Normal Tariff
0.52 $
Taxi, price for 1 hour Waiting, Normal Tariff
2.81 $
Gasoline, 1 liter
1.03 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
28,098.09 $

Utilities Per Month prices

If you're planning to visit Makati, Philippines, it's important to be aware of the utility costs in the area. In general, utility costs in Makati can be quite high compared to other areas of the country due to its status as a major business and commercial hub. This means that visitors should be prepared to pay a premium for things like electricity, water, and gas. However, despite the higher costs, Makati is known for its reliable utility services and modern infrastructure, ensuring that visitors have access to all the amenities they need during their stay.

Despite the higher costs, there are a few ways that travelers can save money on utilities during their stay in Makati. One option is to choose accommodations that offer utilities as part of the rental package, rather than paying for them separately. Another option is to be mindful of your usage during your stay by turning off lights and electronics when not in use, taking shorter showers, and avoiding unnecessary energy consumption. By being mindful of these factors, visitors can help to lower their overall utility costs and make the most of their stay in Makati.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
149.24 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.13 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
59.86 $

Sports And Leisure prices

Located in the heart of the Philippines, Makati offers visitors a wide variety of sports and leisure activities to choose from. Whether you are looking to try your hand at a new sport or simply relax and unwind, there is something for everyone in this bustling city.

Sports enthusiasts will be pleased to know that Makati is home to a number of world-class facilities, including several fitness centers, tennis courts, and golf courses. For those who prefer a more laid-back approach, there are plenty of options for leisure, including parks, museums, and art galleries. And if you're looking for a way to beat the heat, head to one of the city's many swimming pools or water parks.

Fitness Club, Monthly Fee for 1 Adult
67.07 $
Tennis Court Rent, 1 Hour on Weekend
9.37 $

Salaries And Financing prices

If you're traveling to Makati, Philippines for work or relocating there, you'll be excited to know that salaries in Makati are competitive with other major cities around the world. Due to its status as one of the country's largest business districts, many companies have set up shop in Makati, meaning there are plenty of opportunities to find a well-paying job. Whether you're in finance, technology, or hospitality, you can find a role in Makati that will pay you well enough to enjoy the city's amenities without having to pinch pennies.

When it comes to financing in Makati, you'll be pleased to know that the city has a diverse range of financial institutions that cater to both individuals and business owners. From major global banks to local credit unions, you'll find everything you need to manage your finances in Makati. Plus, with the city's reputation as a hub of innovation and entrepreneurship, there are plenty of resources available for those looking to start their own businesses, including financing opportunities and pitch competitions. So, if you're traveling to Makati with aspirations of building your own company, you'll be in good company!

Cinema ticket, 1 Seat
6.24 $
Average Monthly Net Salary, After Tax
520.33 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.5 %

Childcare prices

Makati, Philippines, is a bustling city that attracts both locals and foreigners alike. As such, parents looking for childcare options in Makati have a variety of schools and kindergartens to choose from. Private schools and kindergartens are usually the most expensive, but they often offer additional amenities like personalized attention, a small student to teacher ratio, or a multilingual curriculum. On the other hand, public schools and kindergartens offer affordability, but they are often crowded with a substandard curriculum. Parents need to weigh the pros and cons of each type of school to find the right fit for their child.

One thing to keep in mind when choosing childcare in Makati is that prices can vary widely depending on the area. Schools and kindergartens located in high-end areas tend to have higher fees compared to those in more affordable neighborhoods. It's a good idea to research the different schools and kindergartens in the area and compare their prices and services before making your decision. Additionally, some schools and kindergartens offer scholarships or financial aid to deserving students. Overall, it's essential to find a childcare facility that suits your budget and provides your child with the education they need and deserve.

Private Preschool or Kindergarten, Monthly for 1 Child
450.96 $
International Primary School, Yearly for 1 Child
11,447.37 $

Clothing And Shoes prices

Makati is a bustling city in the Philippines, where fashion is taken seriously. The city is home to a myriad of clothing boutiques, department stores, and malls, making it easy to get your hands on stylish clothes and shoes. The prices vary depending on the store and the brand, but you can expect to see reasonable prices in most stores. From high-end designer shops to independent boutiques, there is something for everyone in Makati when it comes to fashion.

If you are looking for affordable clothing and shoes in Makati, you can head to the numerous street markets and bazaars. These are great places to find unique and stylish clothing items that won't break the bank. If you prefer shopping in malls, Makati has a selection of malls that cater to the mid-range price point. You can find a variety of fashion brands that are not too expensive but still offer quality and style. Additionally, for the fashion-conscious shoppers who are looking to indulge in luxury, Makati has a handful of designer stores with upscale merchandise.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
56.20 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
41.03 $
Pair of Running Shoes, Mid-Range Price
96.26 $
Pair of Leather Business Shoes
79.78 $

Rent Per Month prices

Short rent and stay options in Makati, Philippines are a popular choice for both business and leisure travelers. Makati is considered the financial and commercial center of the country, making it an ideal location for those who need to be close to all the action. You can find a range of accommodation options, from budget-friendly options to high-end serviced apartments. These options offer flexibility and convenience, allowing you to have a comfortable stay for a short duration.

Prices for short rent and stay options in Makati vary depending on the type of accommodation you choose, your length of stay, and the location. While luxury serviced apartments and hotels may be on the pricier side, budget-friendly hostels and guesthouses are easily accessible and highly affordable. One of the main benefits of short-term rental options is the opportunity to negotiate a better price than a long-term lease. Overall, these options offer a convenient and comfortable place to stay while exploring all that Makati has to offer.

One bedroom apartment in city centre
774.35 $
One bedroom apartment outside of city centre
422.83 $
Three bedroom apartment in city centre
2,004.14 $
Three bedroom apartment outside of city centre
1,061.65 $

Buy Apartment prices

If you're thinking of investing in real estate in Makati, Philippines, you'll be spoilt for choice when it comes to buying options. From high-rise condominiums to large landed properties, Makati has a lot to offer. You can choose to buy a unit in a centrally located condominium with easy access to shopping malls, restaurants and public transportation, or opt for a spacious landed property on the outskirts of Makati for a quieter, more suburban lifestyle. Whatever your preference, you'll find something that suits your taste and budget in Makati.

It's no secret that real estate prices in Makati, Philippines can be relatively steep, especially when compared to other cities in the country. However, the cost of buying property in Makati can be seen as a sound investment for the future, considering the city's strong economy and growing job opportunities. Additionally, the convenience of living in the heart of Metro Manila and the city's bustling nightlife and entertainment scene can justify higher property prices. Whether you're looking for an affordable starter home or a luxurious penthouse suite, Makati has a variety of real estate options available at different price points to suit your needs.

Price per m2 to Buy Apartment in City Center
4,373.43 $
Price per m2 to Buy Apartment Outside of City Center
2,601.67 $