Cost of Living in Makati as of 2019

Cost of living is one of the hottest topics in living in Makati, the financial capital of the Philippines.  There are many considerations that we need to consider before moving to Makati as our workplace, and consequently our place of residence, which we call our second home.  Understanding the cost of living in Makati will give you an idea how your life would look like if you decide to live and work in Makati.

Just like any other International cities, most of the young professionals are aspiring to move to big cities like Makati where opportunities abound. Makati as one of the 16 cities in National Capital Region, it is a magnet to many yuppies all over the Philippines and even from the young workers from mainland China. The influx of international workers are pushing the real estate valuation as high as the polluted sky.

I have been living in Metro Manila since my college years in 1992, and for 27 years, I have witnessed the unimpeded changes of Makati as the years pass by  to what Makati as it is today.  The burgeoning city landscape of Makati that changed dramatically like a snowball from fewer medium-rise buildings to stunning skyscrapers city is astounding!

This blog is not to brag my living expenses but to give you an idea how much is the cost of living in Makati as an “ordinary employee”. As I always reiterate, If I were one of the privileged few, I am not an employee but the owner and the President of the company here in Makati. I work incredibly hard just like many of you. Bed of roses can only be seen on Facebook and Instagram. I can sing it though, I am an avid fan of Bon Jovi. 🙂

I do blog about cost of living because I have lived from different cities  in NCR in the past 27 years. As a matter of fact, I didn’t spend any single centavo on house rental  for several years in Quezon city only until I moved to Makati 8 years ago. 

Details Of My Living Expenses


  • Condominium Rental – 14,000/monthly
  • Electric Bill Meralco – 3,000
  • Water Bill – 350/monthly
  • Internet/Cable – 999/monthly

Total = 18,349/2 = P 9,174.5


  • Food – Average Daily – 200, P6,000/monthly


  • Transportation, Grab Daily Average P90, Tricycle – 40, P3,900/monthly
  • Car Loan – 12,261


  • Cigarette – 80, 2,400/month

TOTAL EXPENSES = (9,174.5 + 24,661) = P 33,735.5

NOTE: Travel & other Miscellaneous NOT included.

While Makati is a great city, our second home, if we are not wise in our finances, we may end up break even. Thus, saving and investing is important. We cannot stop inflation and valuation. It is part of our lives.  We can choose to be paying bills all our lives or make money work for us. 🙂 At the end of the day, It is not how much we earn but how much we save and invest. The pursuit to financial independence can be achieved through financial education, however this blog is not all about financial education, it is all about Cost Of Living.