- Manila Metblogs - http://manila.metblogs.com -

Manila among cheapest cities to live in

Posted By Peter On August 30, 2006 @ 12:16 pm In News | Comments Disabled

According to a UBS conducted survey, Manila is among one of th echeapest cities to live in. We ranked 67 out of 71 of the cities surveyed. However, we also have one of the lowest purchasing powers which means that even if it is cheap to live here, the people can’t afford it anyway.

Among the things you can buy cheap here are clothes for Men and Women that average less than US$2.00 for a decent Men’s shirt in retail stores (a decent shirt from Bench or Penshoppe normally costs around P200/P300) while a movie theater will charge around US$1.50 (SM still charges P75.00 right?).

Still the irony, we’re among the cheapest to cities to live in but we also have one of the lowest earning workers and the lowest purchase powers. Sucks.

More Information:
INQ7.NET – UBS survey: Manila among cheapest cities to live in [1]
AHN – Manila One Of The Cheapest Cities In The World


Article printed from Manila Metblogs: http://manila.metblogs.com

URL to article: http://manila.metblogs.com/2006/08/30/manila-among-cheapest-cities-to-live-in/

URLs in this post:

[1] INQ7.NET – UBS survey: Manila among cheapest cities to live in: http://business.inq7.net/money/topstories/view_article.php?article_id=16938

Terms of use | Privacy Policy | Content made available under Creative Commons
Site and Design © 2008 | Metroblogging ® and Metblogs ® are registered trademarks of Bode Media, Inc.