1. How much is the cost living in the Philippines?

The cost living in the Philippines generally low

cost living. Global reports that a Filipino citizen could comfortably live on Php 40,000 ($800) to
Php 60,000 ($1,200) a month, covering housing, utilities, foods, healthcare and taxes. If you live
on Php 40,000 ($800) a month, your Php 5,000,000 ($100,000) can spread out to about ten and
half years. Obviously, a Filipino citizen’s monthly housing payment will depend on where to live
and in what kind of space. The average monthly rent for a one-bedroom apartment in the city is
Php 11,447 ($228.94); while outside the city and that average is Php 6,238.50 ($124.77) per
month. Something important to note is that non-Filipinos cannot own land, but they can own
property. Thus, buying a condominium would be their best bet if they wanted to own a place.

2. How much does a Filipino live decently and comfortably in our country? As with anywhere, the
cost of living in the Philippines will depend greatly on the lifestyle you choose to lead—but you
can certainly live well on a low budget. You can live by on a monthly budget of just over Php
38,000 ($760) on like local, shop where they shop, eat where they it, even near some of the big
cities and famous beaches. Of course, the bigger the budget, the more lavish the lifestyle.
People can live like royalty on Php 114,000 ($2,280) a month anywhere in the Philippines. For
that money, they can enjoy life’s finer things…massages… maids…country club membership…
travel…

3. What is poverty? What are the causes of poverty? What are the main issues of poverty? Poverty
is defined as low status of life, with little to lose, little respect, little to be proud of, little to
sustain efforts to improve. It means bad housing conditions, lack of sanitation in the vicinity, and
lack of attractive community institutions. In Philippines, the main causes of poverty include the
following:

 low to moderate economic growth for the past 40 years;

 low growth elasticity of poverty reduction;

 weakness in employment generation and the quality of jobs generated;

 failure to fully develop the agriculture sector;

 high inflation during crisis periods;

 high levels of population growth;

 high and persistent levels of inequality (incomes and assets), which dampen the positive impacts
of economic expansion; and

 recurrent shocks and exposure to risks such as economic crisis, conflicts, natural disasters, and
"environmental poverty."
The main issues of poverty are economic growth, employment generation, inflation, population
growth, and inequality.