Can you really retire on $1,500 a month? In the Philippines, the answer is a resounding "Yes". However, your lifestyle will dictate your budget.

The Breakdown

Housing: A modern 1-bedroom condo in a prime city center (like Makati or BGC) might cost $600-$900. In provinces like Ilocos or Dumaguete, a whole house near the beach can be rented for $300-$500.

Food: Local markets (palengkes) are incredibly cheap. Fresh fish, fruits, and vegetables for a week might cost $30. Eating out at local eateries (carinderias) costs $2-$3 per meal, while a nice restaurant dinner is around $15-$25.

Utilities: Electricity is one of the higher costs in the region, averaging $80-$150 depending on A/C usage. Internet is affordable, with high-speed fiber plans starting at $30/month.

Overall, a single person can live comfortably on $1,000 - $1,200 a month outside of Manila.