Is it possible to live like a King in the Philippines?
What does “Live Like a King” mean” ?. I ask that question after reading an Englishman saying the phrase “To Live Like a King” does not mean “To Live Like a King”. Now that is the worst English confusion example I have ever heard.
It appears that “To Live Like a King” means to live in the comfort that you want, with all the luxuries that you want.
Examples from various forums and web sites:
- For 1200 US a month you can live like a king.
- With your $2,400 monthly income you will live like a king
- You can live like a king on $5,000 per month in the Philippines
- How to Live Like a King in the Philippines on $500 a Month
So, where do we begin, to work out what it would cost to live a really comfortable, safe life in the Philippines, almost like a King?
I first looked for a 3 bedroom condominium for rent in Fort Bonifacio, Manila. A nice safe area, and came up with this:
- FOR RENT One Mckinley Place Condo, The Fort Fully-furnished 190 sq. m. 3 Bedrooms 3 T & B 2 Parking slots available. Monthly Rental : php 170,000 per month
So: 170,000 pesos at 44 pesos to the US dollar = $3,863 per month (at April 2015)
From that list of 4 examples, 3 of them appear totally wrong, leaving just “You can live like a king on $5,000 per month in the Philippines” as a possible, but with 77% of that figure taken with a 3 bedroom decent apartment in a safe area. Not in a Kings mansion!
T Bone Steaks, US or Australian quality and size, are about 5 times the price of local meat. Going by my budget grocery costs of about 16,000 pesos per week for food for 2, I would prefer to spend nearer 50,000 per month to feel “comfortable” by my standards. So that’s near enough $1,150 per month
Maids, Servants and Drivers:
Not too bad a price at about 5,000 peso per month each. (US$120)
What have we reached so far?
$ 240 Maids etc (2 people)
$5,243 per month
Cars, Travel, Holidays, Eating Out, etc have not yet been added. Nor have Education costs or Medical Bills etc.
I would have to say that I feel I would need more like US$10,000 (A$13,000) per month (440,000 pesos) to live like a king in the Philippines.
That way I would have some spare to go out to restaurants, nightclubs and other entertainment events.
IE: I could live in the comfort that I would like with most of the luxuries that I would be comfortable with.
In reality that is 5 times what I get by on here, on my budget, and that is NOT in an expensive safe area of Manila like BGC or The Fort.
reference.com – Enjoy a lavish style of living, as in He spared no expense, preferring to live like a king
www.oxforddictionaries.com – Live in great comfort and luxury.
thefreedictionary.com – He lived like a king, drinking champagne and driving a Porsche.
macmillandictionary.com – to live in a very comfortable way, with much more money than you need