MANILA OVERVIEW
Comprehensive cost-of-living benchmarks and progressive income tax schedule for Manila, Philippines.
Living Expense Benchmarks (Average USD)
Average Rent / Housing
$420.00 / month
Food & Groceries
$180.00 / month
Utilities & Electricity
$55.00 / month
Transportation & Transit
$40.00 / month
Cost of Living Index
33.10 / 100
Progressive Income Tax Slabs
| Income Slab | Tax Rate | Fixed Tax |
|---|---|---|
| ₱ 0 - ₱ 250,000 | 0.00% | ₱ 0 |
| ₱ 250,001 - ₱ 400,000 | 15.00% | ₱ 0 |
| ₱ 400,001 - ₱ 800,000 | 20.00% | ₱ 22,500 |
| ₱ 800,001 - ₱ 2,000,000 | 25.00% | ₱ 102,500 |
| ₱ 2,000,001 - ₱ 8,000,000 | 30.00% | ₱ 402,500 |
| ₱ 8,000,001 + | 35.00% | ₱ 2,202,500 |
TOP BANKS IN PHILIPPINES
Leading commercial and Islamic banking institutions offering the highest savings profit returns in Philippines.
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COMMERCIAL4.75% PER ANNUM
Security Bank
Security Bank All-Access Savings
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COMMERCIAL4.50% PER ANNUM
Bank of the Philippine Islands (BPI)
BPI Advance Savings / Time Deposit
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COMMERCIAL4.25% PER ANNUM
BDO Unibank
BDO Optimum Savings Account
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COMMERCIAL4.10% PER ANNUM
Metropolitan Bank (Metrobank)
Metrobank Time Deposit Plus
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COMMERCIAL4.00% PER ANNUM
Land Bank of the Philippines
LBP Regular Savings / Time Deposit
CALCULATE YOUR SAVINGS
Use our interactive expense calculator to see exactly how much of your income you can save in Manila and which bank offers the best growth.
Key Facts
Cost of Living Index: 33.10 / 100Currency: ₱ (PHP) Avg Rent: $420.00/mo | Avg Food: $180.00/mo Launch Full Calculator for Philippines ➔
