Cost Of Living For a Student in Kalookan 2025

Student cost of living chart - average monthly expenditure in Kalookan

Average Monthly Expenditure

Currency: PHP
6,400 42,000 280,000
MINIMUM AVERAGE MAXIMUM
$110 $760 $5,000

Average monthly spending for students in Kalookan

How much money does a student need in a month to survive in Kalookan?

Students in Kalookan spend around 42,000 PHP per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 6,400 PHP or as high as 280,000 PHP. Location is a very important factor and has a huge influence on expenditure and budget.

Prices and cost of goods and services in Kalookan

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Kalookan

Dining, food, and beverages costs


Fast food combo meal

74 PHP 150 PHP 250 PHP
MINIMUM AVERAGE MAXIMUM
$1.3 $2.6 $4.4

Restaurant meal for one

260 PHP 400 PHP 790 PHP
MINIMUM AVERAGE MAXIMUM
$4.7 $7.1 $14

Fine dining meal for one

530 PHP 790 PHP 3,200 PHP
MINIMUM AVERAGE MAXIMUM
$9.4 $14 $57

Cappuccino or latte

62 PHP 99 PHP 150 PHP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.8 $2.6

Grocery and market costs


Milk large bottle

49 PHP 59 PHP 74 PHP
MINIMUM AVERAGE MAXIMUM
$0.88 $1.1 $1.3

12 eggs

37 PHP 49 PHP 74 PHP
MINIMUM AVERAGE MAXIMUM
$0.66 $0.88 $1.3

Fresh whole chicken

84 PHP 110 PHP 150 PHP
MINIMUM AVERAGE MAXIMUM
$1.5 $1.9 $2.7

Pack of beef

99 PHP 150 PHP 300 PHP
MINIMUM AVERAGE MAXIMUM
$1.8 $2.6 $5.3

Medium bag of rice

40 PHP 54 PHP 77 PHP
MINIMUM AVERAGE MAXIMUM
$0.71 $0.97 $1.4

Bag of tomatos

15 PHP 20 PHP 37 PHP
MINIMUM AVERAGE MAXIMUM
$0.26 $0.35 $0.66

Bag of apples

26 PHP 35 PHP 57 PHP
MINIMUM AVERAGE MAXIMUM
$0.47 $0.62 $1
Chart showing the prices and cost of commute, travel, and transportation in Kalookan

Commute, travel, and transportation costs


20 minutes taxi ride

66 PHP 79 PHP 160 PHP
MINIMUM AVERAGE MAXIMUM
$1.2 $1.4 $2.8

Average car full tank

370 PHP 490 PHP 990 PHP
MINIMUM AVERAGE MAXIMUM
$6.6 $8.8 $18

Average car 1-day rental

420 PHP 560 PHP 840 PHP
MINIMUM AVERAGE MAXIMUM
$7.5 $10 $15

Average car price

180,000 PHP 370,000 PHP 490,000 PHP
MINIMUM AVERAGE MAXIMUM
$3,300 $6,600 $8,800

Bus ticket one way

14 PHP 21 PHP 42 PHP
MINIMUM AVERAGE MAXIMUM
$0.25 $0.38 $0.75

Car Service

560 PHP 840 PHP 1,700 PHP
MINIMUM AVERAGE MAXIMUM
$10 $15 $30
Chart showing the prices and cost of utility, energy, water, and gas for a student in Kalookan

Utility cost (monthly)


Utility Bill - Student

260 PHP 1,700 PHP 11,000 PHP
MINIMUM AVERAGE MAXIMUM
$4.6 $30 $200

Internet and cable

370 PHP 740 PHP 990 PHP
MINIMUM AVERAGE MAXIMUM
$6.6 $13 $18

Mobile phone charges

300 PHP 490 PHP 1,500 PHP
MINIMUM AVERAGE MAXIMUM
$5.3 $8.8 $26

Leisure and activities costs


Movie ticket

180 PHP 250 PHP 370 PHP
MINIMUM AVERAGE MAXIMUM
$3.3 $4.4 $6.6

One month gym membership

680 PHP 840 PHP 1,700 PHP
MINIMUM AVERAGE MAXIMUM
$12 $15 $30
Chart showing the prices and cost of clothing and accessories in Kalookan

Cloths and accessories costs


Pair of jeans or pants

500 PHP 700 PHP 1,100 PHP
MINIMUM AVERAGE MAXIMUM
$8.9 $13 $19

Woman dress

470 PHP 650 PHP 2,100 PHP
MINIMUM AVERAGE MAXIMUM
$8.4 $12 $38

Woman shoes

440 PHP 600 PHP 1,400 PHP
MINIMUM AVERAGE MAXIMUM
$7.9 $11 $25

Men's shoes

380 PHP 470 PHP 940 PHP
MINIMUM AVERAGE MAXIMUM
$6.8 $8.4 $17

Men suit

420 PHP 530 PHP 2,800 PHP
MINIMUM AVERAGE MAXIMUM
$7.5 $9.4 $50

Regular t-shirt

210 PHP 280 PHP 840 PHP
MINIMUM AVERAGE MAXIMUM
$3.8 $5 $15
Chart showing the prices and cost of housing, accommodation, and rent in Kalookan

Housing costs / monthly rent


Studio apartment

7,000 PHP 11,000 PHP 28,000 PHP
MINIMUM AVERAGE MAXIMUM
$130 $190 $500

1-bedroom apartment

11,000 PHP 17,000 PHP 42,000 PHP
MINIMUM AVERAGE MAXIMUM
$190 $300 $750

2-bedroom apartment

14,000 PHP 21,000 PHP 56,000 PHP
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

Housing costs / Buying


Studio apartment

1.4M PHP 2.1M PHP 4.2M PHP
MINIMUM AVERAGE MAXIMUM
$25,000 $38,000 $75,000

1-bedroom apartment

1.7M PHP 2.8M PHP 11M PHP
MINIMUM AVERAGE MAXIMUM
$30,000 $50,000 $190,000

2-bedroom apartment

2.8M PHP 8.4M PHP 17M PHP
MINIMUM AVERAGE MAXIMUM
$50,000 $150,000 $300,000
Chart showing the prices and cost of furniture in Kalookan

Furniture Costs


King Size Bed

7,400 PHP 9,200 PHP 12,000 PHP
MINIMUM AVERAGE MAXIMUM
$130 $160 $220

Double Bed

4,900 PHP 7,400 PHP 9,200 PHP
MINIMUM AVERAGE MAXIMUM
$88 $130 $160

Single Bed

4,300 PHP 5,700 PHP 7,400 PHP
MINIMUM AVERAGE MAXIMUM
$78 $100 $130

Living Room

8,200 PHP 11,000 PHP 37,000 PHP
MINIMUM AVERAGE MAXIMUM
$150 $190 $660

Dining Table

3,700 PHP 4,900 PHP 9,200 PHP
MINIMUM AVERAGE MAXIMUM
$66 $88 $160

Sofa or Couch

4,900 PHP 6,700 PHP 15,000 PHP
MINIMUM AVERAGE MAXIMUM
$88 $120 $260
Chart showing the prices and cost of electronic devices and appliances in Kalookan

Electronics and House Appliance Costs


TV Set

4,900 PHP 7,400 PHP 15,000 PHP
MINIMUM AVERAGE MAXIMUM
$88 $130 $260

Fridge or Freezer

4,300 PHP 6,700 PHP 9,200 PHP
MINIMUM AVERAGE MAXIMUM
$78 $120 $160

Washing Machine

5,700 PHP 8,200 PHP 15,000 PHP
MINIMUM AVERAGE MAXIMUM
$100 $150 $260

Stove or Cooker

5,300 PHP 6,700 PHP 9,200 PHP
MINIMUM AVERAGE MAXIMUM
$94 $120 $160

Mobile Phone

6,200 PHP 7,400 PHP 11,000 PHP
MINIMUM AVERAGE MAXIMUM
$110 $130 $190

Laptop or Computer

6,700 PHP 8,200 PHP 15,000 PHP
MINIMUM AVERAGE MAXIMUM
$120 $150 $260
Distribution of monthly cost of living expenses of a student in Kalookan

How do students spend their money in Kalookan?

We asked thousands of students about their spending habits and expenditure break down.

Housing and accomodation expenditure for students

Accomodation Cost17%

17% of total expenses on average (12% to 23%)

LOW$27   1,500 PHP
AVERAGE$180   10,000 PHP
HIGH$1,200   68,000 PHP
Per Month

Students in Kalookan typically spend from 12% to 23% of their total monthly expenditure on housing with 17% being the average. The average monthly spend on housing is 10,000 PHP with expenditure ranging from 1,500 PHP to 68,000 PHP. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for students

Cost of utilities7%

7% of total expenses on average (5% to 11%)

LOW$4.6   260 PHP
AVERAGE$30   1,700 PHP
HIGH$200   11,000 PHP
Per Month

Utility expenditure like electricity, water, and gas in Kalookan ranges from 5% to 11% of total expenses with 7% being the average for most students. The average monthly cost of utilities is 1,700 PHP with 260 PHP and 11,000 PHP being the upper and lower limits for a student of four.

Transport, fuel, and commute expenditure for students

Cost of transport and fuel4%

4% of total expenses on average (4% to 10%)

LOW$8   450 PHP
AVERAGE$53   3,000 PHP
HIGH$350   20,000 PHP
Per Month

Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 450 PHP to 20,000 PHP in a month on commuting with 3,000 PHP being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.

Food, groceries, and basic shopping expenditure for students

Food and Groceries Cost23%

23% of total expenses on average (17% to 27%)

LOW$23   1,300 PHP
AVERAGE$150   8,500 PHP
HIGH$1,000   56,000 PHP
Per Month

The average outlay on groceries and basic houshold items for a typical student in a month in Kalookan is 8,500 PHP. The cost of groceries can range between 1,300 PHP to 56,000 PHP. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.

Healthcare and medical services expenditure for students

Cost of healthcare9%

9% of total expenses on average (6% to 12%)

LOW$6.8   380 PHP
AVERAGE$45   2,500 PHP
HIGH$300   17,000 PHP
Per Month

Students in Kalookan allocate 6% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 380 PHP to 17,000 PHP with 2,500 PHP being the norm for most students.

Leisure and shopping expenditure for students

Cost of leisure and shopping2%

2% of total expenses on average (2% to 6%)

LOW$5.7   320 PHP
AVERAGE$38   2,100 PHP
HIGH$250   14,000 PHP
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 320 PHP to 14,000 PHP with 2,100 PHP being the average. Speaking of percentages, that equates to 2% to 6% of total expenses with an average of 2% for most students.

Education and schooling expenditure for students

Cost of education and schooling18%

18% of total expenses on average (11% to 23%)

LOW$22   1,200 PHP
AVERAGE$140   8,000 PHP
HIGH$960   54,000 PHP
Per Month

Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 8,000 PHP per month with 1,200 PHP being the minimum spent amount and 54,000 PHP being the maximum.

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$17   960 PHP
AVERAGE$110   6,400 PHP
HIGH$760   42,000 PHP
Per Month
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for students to live in Kalookan

Affordable living in Kalookan

Income and cost of living compatibility

We asked students one simple question and recorded their answers.

Is it affordable or economical to live in Kalookan?


Yes
61%
No
39%

Around 61% of surveyed students think that living in Kalookan is affordable with proper budgeting while 39% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for students. Are there plenty of low-cost options in Kalookan

Low-cost alternatives in Kalookan

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked students how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options63%

Few low-cost options37%


Based on the survey, 63% of the students living in Kalookan have no problem finding low-cost alternatives to support a frugal lifestyle while 37% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Students

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked students whether they have an emergency fund and the answers were as follows.

Yes59%

No42%


Based on the survey, 42% of the students living in Kalookan said that they don't have an emergency fund while 59% said that they do.

Financial literacy and difficulty in budgeting and financial planning for students in Kalookan

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy49%


We asked student guardians and parents in Kalookan whether they acquired any adequate personal financial training in their lives. Approximately 51% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 49% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether students of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 47% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 53% said that they have everything under control.

Struggles with finance47%

Easily manages finances53%

Monthly costs and expenses of energy and basic utilities in Kalookan

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Kalookan

Utility Bill Cost / Electricity + Water + Gas / Student

260 PHP 1,700 PHP 11,000 PHP
MINIMUM AVERAGE MAXIMUM
$4.6 $30 $200

Internet and cable cost

370 PHP 740 PHP 990 PHP
MINIMUM AVERAGE MAXIMUM
$6.6 $13 $18

Mobile phone bill and charges

300 PHP 490 PHP 1,500 PHP
MINIMUM AVERAGE MAXIMUM
$5.3 $8.8 $26

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of students is around 1,700 PHP. The cost of internet and WiFi ranges from 370 PHP to 990 PHP with 740 PHP being the average internet bill. Finally, the average monthly mobile charges is around 490 PHP but can range between 300 PHP and 1,500 PHP depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3.4% 6.8% of income 11%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Kalookan is around 6.8%. This means that people pay 6.8% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.4% to 11% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Kalookan

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Kalookan

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

74 PHP 150 PHP 250 PHP
MINIMUM AVERAGE MAXIMUM
$1.3 $2.6 $4.4

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Kalookan is approximatly 150 PHP with meal cost ranging from 74 PHP to 250 PHP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

260 PHP 400 PHP 790 PHP
MINIMUM AVERAGE MAXIMUM
$4.7 $7.1 $14

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 260 PHP and 790 PHP with 400 PHP being the average price of a plate for one person at a regular restaurant in Kalookan.

Fine dining meal for one price

530 PHP 790 PHP 3,200 PHP
MINIMUM AVERAGE MAXIMUM
$9.4 $14 $57

The price range of a meal at fine-dining restaurant is 530 PHP to 3,200 PHP with the average cost being 790 PHP for one person. This is what you would expect to pay a top-tier diner in Kalookan.

Beverage prices, cappuccino, latte etc..

62 PHP 99 PHP 150 PHP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.8 $2.6

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Kalookan is around 99 PHP. Price ranges between 62 PHP and 150 PHP depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

49 PHP 59 PHP 74 PHP
MINIMUM AVERAGE MAXIMUM
$0.88 $1.1 $1.3

The average price of a large bottle of milk in Kalookan is 59 PHP. The maximum what you would pay for milk is 74 PHP and the minimum being 49 PHP depending on the brand of milk and other properties.

12 eggs price

37 PHP 49 PHP 74 PHP
MINIMUM AVERAGE MAXIMUM
$0.66 $0.88 $1.3

A dozen eggs costs around 49 PHP on average with 37 PHP and 74 PHP being the lower and upper limits respectively.

Fresh whole chicken price

84 PHP 110 PHP 150 PHP
MINIMUM AVERAGE MAXIMUM
$1.5 $1.9 $2.7

The price range of a fresh whole chicken in Kalookan is between 84 PHP and 150 PHP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 110 PHP.

Pack of beef price

99 PHP 150 PHP 300 PHP
MINIMUM AVERAGE MAXIMUM
$1.8 $2.6 $5.3

The price of a regular pack of beef or meat is around 150 PHP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

40 PHP 54 PHP 77 PHP
MINIMUM AVERAGE MAXIMUM
$0.71 $0.97 $1.4

A bag of rice in Kalookan costs around 54 PHP on average with prices rangeing between 40 PHP and 77 PHP depending on the brand and quality.

Bag of tomatos price

15 PHP 20 PHP 37 PHP
MINIMUM AVERAGE MAXIMUM
$0.26 $0.35 $0.66

A bag of tomatoes costs anywhere from 15 PHP to 37 PHP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

26 PHP 35 PHP 57 PHP
MINIMUM AVERAGE MAXIMUM
$0.47 $0.62 $1

A bag of apples costs 35 PHP on average. A bag of apples denotes 1Kg or 1lb depending on location.


Expenditure on food and grocery for students

Students' spending on grocery ranges from 1,300 PHP to 56,000 PHP with the location, income, and size of the student being the most determinite factors.

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Kalookan

Housing costs, accommodation, and housing affordability in Kalookan

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Kalookan

Monthly Rent Prices

Studio apartment monthly rent cost

7,000 PHP 11,000 PHP 28,000 PHP
MINIMUM AVERAGE MAXIMUM
$130 $190 $500

1-bedroom apartment monthly rent cost

11,000 PHP 17,000 PHP 42,000 PHP
MINIMUM AVERAGE MAXIMUM
$190 $300 $750

2-bedroom apartment monthly rent cost

14,000 PHP 21,000 PHP 56,000 PHP
MINIMUM AVERAGE MAXIMUM
$250 $380 $1,000

3-bedroom apartment monthly rent cost

17,000 PHP 28,000 PHP 77,000 PHP
MINIMUM AVERAGE MAXIMUM
$300 $500 $1,400

Furnished apartment monthly rent cost

34,000 PHP 84,000 PHP 170,000 PHP
MINIMUM AVERAGE MAXIMUM
$600 $1,500 $3,000

Townhouse monthly rent cost

28,000 PHP 42,000 PHP 120,000 PHP
MINIMUM AVERAGE MAXIMUM
$500 $750 $2,200

House monthly rent cost

34,000 PHP 84,000 PHP 170,000 PHP
MINIMUM AVERAGE MAXIMUM
$600 $1,500 $3,000

Villa monthly rent cost

42,000 PHP 110,000 PHP 170,000 PHP
MINIMUM AVERAGE MAXIMUM
$750 $1,900 $3,000

The monthly rental cost of a studio apartment in Kalookan ranges between 7,000 PHP and 28,000 PHP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 11,000 PHP to 42,000 PHP. Two-bedroom rentals rate ranges between 14,000 PHP and 56,000 PHP per month. The monthly rental for a three-bedroom apartment ranges from 17,000 PHP to 77,000 PHP. The average rent of a townhouse in Kalookan is around 42,000 PHP while house rental costs can be as high as 84,000 PHP per month. Finally, if you want to rent a villa, expect to pay anywhere from 42,000 PHP to 170,000 PHP per month.



Apartment and house prices in Kalookan

Cost of buying a property

Studio apartment price

1.4M PHP 2.1M PHP 4.2M PHP
MINIMUM AVERAGE MAXIMUM
$25,000 $38,000 $75,000

1-bedroom apartment price

1.7M PHP 2.8M PHP 11M PHP
MINIMUM AVERAGE MAXIMUM
$30,000 $50,000 $190,000

2-bedroom apartment price

2.8M PHP 8.4M PHP 17M PHP
MINIMUM AVERAGE MAXIMUM
$50,000 $150,000 $300,000

3-bedroom apartment price

9.4M PHP 14M PHP 42M PHP
MINIMUM AVERAGE MAXIMUM
$170,000 $250,000 $750,000

Townhouse price

12M PHP 28M PHP 110M PHP
MINIMUM AVERAGE MAXIMUM
$220,000 $500,000 $1.9M

House price

14M PHP 84M PHP 120M PHP
MINIMUM AVERAGE MAXIMUM
$250,000 $1.5M $2.2M

Villa price

17M PHP 94M PHP 140M PHP
MINIMUM AVERAGE MAXIMUM
$300,000 $1.7M $2.5M

The average price of a studio apartment in Kalookan can range from 1.4M PHP to 4.2M PHP depending on location. One bedroom cost can be anywhere from 1.7M PHP to 11M PHP. A villa can cost you 94M PHP on average with prices ranging from 17M PHP to 140M PHP.


If you're leasing or purchasing, housing costs in Kalookan will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


41 x116 monthly income 227
MINIMUM AVERAGE MAXIMUM

Property prices in Kalookan can be x116 to x227 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x116 multiples of the average monthly salary in Kalookan.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


23% 34% of income 45%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Kalookan is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 23% to 45% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
31%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2%
AVERAGE
3%
TO
3.9%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


130 PHP 1,700 PHP 17,000 PHP
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

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