COST OF LIVING In Bohol Philippines 2024 (Our Experience)

Why Should You Move to Bohol, Philippines?

Hey Friends! The Cost Of Living In Bohol Philippines, makes it possible to Live For Around $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527).

In this article, we’ll go deep with all the tables of expenses, videos, and more of what you’ll need to consider when living in Bohol. We will take a closer look at the cost of living in Bohol, including the prices of housing, food, transportation, and other everyday expenses.

We will also provide tips on saving money and stretching your budget while living in Bohol. Whether you are planning a short visit or are considering a longer stay in Bohol, We will provide valuable insights into the cost of living in this beautiful tropical paradise.

If you’re considering a move to Bohol, Philippines, here are 8 reasons why you should make the leap:

1. The cost of living is affordable. Housing, food, and transportation costs are significantly lower in Bohol compared to other major cities. This means you can live comfortably on a monthly budget of $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527).
2.        The affordable cost of living In Bohol, Philippines, With a monthly income from $1000 to $2300, it is possible to live for even as low as $1000, which we will discuss later in this article. Still, we don’t recommend that because it is stressful. The monthly food budget, housing expenses, and transportation options in Bohol, Philippines, are determined by your budget and spending habits, depending on how much you spend.
3.  Affordable cost of living: One of the main attractions of living in Bohol is the affordable cost of living. The cost of housing, food, and utilities is significantly lower compared to other countries, making it an attractive option for those looking to live on a budget. For example, rent for a one-bedroom apartment in a city center can range from PHP 10,000 (approx. $200 USD) to PHP 15,000 (approx. $300 USD) per month, while a moderate budget for food and groceries for one person can range from PHP 11,000 (approx. $200 USD) to PHP 22,000 (approx. $400 USD) per month. The cost of utilities, including electricity, water, and internet, can also be reasonable, ranging from PHP 2,000 (approx. $40 USD) to PHP 5,000 (approx. $100 USD) per month.
4.  Beautiful natural surroundings: Bohol is home to various natural attractions, including the Chocolate Hills, a series of more than 1,000 cone-shaped hills that turn brown during the dry season, and the Loboc River, a popular spot for boat rides and picnics. The province is also surrounded by crystal-clear waters, making it a popular destination for snorkeling and island hopping. In addition, Bohol is home to several nature reserves and protected areas, including the Rajah Sikatuna National Park and the Danao-Danao Protected Landscape and Seascape.
5.  Friendly and welcoming locals: The people of Bohol are known for their hospitality and friendliness. You will find that the locals are always willing to help and offer assistance, making it an ideal place for those who are new to the area. The locals are also proud of their culture and traditions, and are happy to share them with visitors and newcomers.
6.  Rich cultural heritage: Bohol has a rich cultural heritage, with various historical landmarks and landmarks. The province is home to the centuries-old Baclayon Church. This Spanish colonial-style church, a popular tourist attraction, and the Blood Compact Shrine commemorate the first treaty of friendship between the Spaniards and the natives. Bohol is also home to several other historical landmarks, including the Loboc Church, the Dauis Church, and the Tagbilaran City Hall.
7.   Overall, Bohol is a great place to live if you want a laid-back, affordable lifestyle. It offers a combination of beautiful beaches, a thriving expat community, and a low cost of living, making it an ideal destination for those looking to escape the stresses of city life.

Cost Of Living in Bohol Philippines Quick Facts:

Here are some quick facts about the cost of living in Bohol:

•  Here’s a breakdown of some key expenses: Total Monthly Living Costs in Bohol, Philippines, Is $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527). For all expenses, and if you budget smartly, you can expect to spend $1000 to $2000 per month for all expenses.
•     Bohol, Philippines, is 8.1 times cheaper than New York City, United States.
•     Bohol, Philippines, has world-class beaches and views, fantastic water sports, unique surrounding islands, and more.
•    With a monthly income of less than $2000 is possible to live well, and sometimes even as low as $696 per month if you are on a tight, extreme budget, which we will discuss later in this article. The monthly rent in Bohol Philippines, food budget, housing expenses, and transportation options in Bohol Philippines is determined by your budget.
•    You would need around 2,000$ (110,000 PHP) in Bohol, Philippines, to maintain the same standard of life that you can have with 10,000.00$ in New York City, NY.
•    On average, the cost of living in Bohol, Philippines, is 81.5% lower than in the United States.
•    On average, Rent In Bohol, Philippines, is 81.5% less than in New York City, New York.
•    The costs range from $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527) + per month, depending on your budget.
•    Food and groceries: $220 to $770 per month
•    A single person’s estimated monthly cost of living is around $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527) per month.
•    Estimates monthly costs for a family of four is around $2250 per month.
•    Transportation: $110 to $200 per month
•    The average monthly cost of living for local natives: is $500
•    The average monthly cost of living for expats and digital nomads: is $1000 to $2000 per month.

More facts on Bohol:

• Bohol is an island province located in the Central Visayas region of the Philippines. It is known for its natural beauty, with various landscapes, including beaches, caves, and waterfalls. Here are some interesting facts about Bohol:
•  Bohol is home to the Chocolate Hills, a series of around 1,200 conical hills that turn brown during the dry season, hence their name. The Philippine government declares the hills a popular tourist attraction and a National Geological Monument.
•  Bohol is home to the Tarsier, a small primate with large eyes native to the island. Tarsiers are considered endangered and can be found in the Philippine Tarsier and Wildlife Sanctuary in Corella, Bohol.
•  The province is also known for its white sand beaches, including Panglao Island, a popular destination for diving and snorkeling.
•  The Loboc River in Bohol is known for its floating restaurants, where tourists can enjoy a meal while cruising along the river and taking in the scenic surroundings.
•  Bohol is also home to several historical landmarks, including the Blood Compact Site, where the Spanish conquistador Miguel López de Legazpi and the native chieftain Datu Sikatuna signed a treaty of friendship in 1565.
•  The province is also known for its traditional woven fabrics and handicrafts, including the “sarat” or “sinamay,” which are made from abaca fibers.
•  Bohol is a popular destination for ecotourism, with several protected areas, including the Rajah Sikatuna National Park, which is home to various plant and animal species.
•  In conclusion, Bohol is a beautiful and diverse province that offers a range of attractions for travelers, including natural wonders, historical landmarks, and cultural experiences.

Our Personal Costs of Living in Bohol Philippines: Table of expenses Breakdown 2024

This Is a table of expenses of what we spent living as digital nomads every month in Bohol, Philippines. Sometimes, we spent less or more.

Our Average Monthly Costs In Bohol, Philippines, went as follows:

• Rent and accommodation: $298 for a one bedroom apartment condo located near local food markets and gyms
•  Food and groceries: $228.97 – $418.01 per month, with the expat usually eating local and street food and doing weekly grocery shopping at local supermarkets to save money
•  Utilities: $107 per month, including electricity, water, internet, and phone data
•  Gym membership: $42 per month
•  Transportation: $71.40 – $107.04, including scooter and taxi rentals
•  Activities and things to do: $71.9 to $107.8 per month, including sightseeing and entertainment
•  Overall, the total monthly cost of living in Bohol is approximately $855.65 – $1,334.87 (PHP 47,669 – PHP 74,253)

Here is a table of Expenses for what we personally spent in Bohol, Philippines:

Estimated Monthly Cost of Living in Bohol Philippines Summary Cost Of Rent, Groceries, Transportation, Healthcare: $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527)

You can live in Bohol, Philippines, for around $697 a month for all expenses on a tight budget or $2,077 a month if you want to live much more luxuriously. $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527)

Regardless, you can still maintain a low monthly budget and enjoy all the beautiful things Bohol, Philippines, offers.

• Housing and accommodation: The cost of housing and accommodation in Bohol can vary depending on the location and type of property you choose.
• Rent prices in Bohol can range from PHP 5,000 ($100) to PHP 30,000 ($600) per month for a studio, one bedroom, or two bedroom apartment, with central locations and tourist areas generally being more expensive.
•  You can also choose to rent a house or a villa, which may cost more than an apartment. Additionally, the property’s amenities and features can affect the cost, with properties with additional amenities, such as a swimming pool or gym, generally costing more than basic properties.
•  Food and groceries: The cost of food and groceries in Bohol can vary depending on your location and lifestyle. Local markets and seafood vendors offer fresh produce, meats, and seafood at affordable prices, with prices ranging from PHP 20 ($0.40) to PHP 300 ($6) per item.
•  Supermarkets and grocery stores offer a wide range of food items, including imported and processed products, with prices ranging from PHP 100 ($2) to PHP 150 ($3) per item.
• Restaurants in Bohol offer a variety of local and international cuisine at prices ranging from PHP 150 ($3) to PHP 500 ($10) or more per meal. Street food is also popular and affordable in Bohol, with prices ranging from PHP 20 ($0.40) to PHP 50 ($1) per item.
•  Utility costs: Utility costs in Bohol can vary depending on your usage and the type of property you live in. Water costs in Bohol are generally affordable, with rates ranging from PHP 15
•  ($0.30) to PHP 50 ($1) per cubic meter. Electricity costs in Bohol are also generally affordable, with rates ranging from PHP 8 ($0.16) to PHP 20 ($0.40) per kilowatt-hour, depending on your consumption. Internet and phone plans in Bohol are also affordable, with prices ranging from PHP 500 ($10) to PHP 1,500 ($30) per month for unlimited data and calls.
•  Public transportation: Public transportation in Bohol is relatively inexpensive, with tricycles (motorcycles with a sidecar) being a popular and affordable option for short trips around the city. Prices for tricycle rides can range from PHP 10 ($0.20) to PHP 50 ($1), depending on the distance traveled.
• Jeepneys (modified jeeps used as public transport) are also a popular and affordable option for longer trips within the province, with prices ranging from PHP 20 ($0.40) to PHP 50 ($1), depending on the distance traveled.
•  Private transportation: Private transportation options in Bohol include taxis, rental cars, and motorbikes. Taxi fares in Bohol can range from PHP 50 ($1) to PHP 100 ($2) depending on the distance traveled, while rental cars and motorbikes can cost anywhere from PHP 500 ($10) to PHP 1,500 ($30) per day.
•   Overall, Bohol’s living cost is quite reasonable compared to more developed countries. While housing and groceries can vary depending on your preferences and location, you can expect to live comfortably on a budget of around PHP 55,000 to PHP 110,000 (USD 1000 to USD 2,000) per month.

A great monthly budget for a single person living in Bohol, Philippines, is around $1,000 to $2050 monthly. You can also do it for cheaper.

The costs of living in Bohol, Philippines Depending on various factors and spending habits, the price may change. Others spend $2100 or more each Month for an extravagant, next-level lifestyle or $697 monthly on a strict budget, ensuring they make it work no matter what!

• Expect to spend $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527) per Month for a single person or a family living in Bohol. $1100 per Month is sufficient to live on, but you’ll have to make sacrifices if you choose this option. Renting and food costs will be cut in half if you split the money with families, friends, and couples. 
•       You will save money eating at the local Filipino markets in Bohol. Food trucks, or local restaurants will cost you $.50 to $5, 50 to 500 PHP for a huge meal that will provide better nutrition and save you more than a touristy food place. These are all pro tips.
•        However, the costs will skyrocket in Bohol if you want to eat at tourist restaurants or beach clubs.
•         Local Bohol Filipino markets, food shops, and supermarkets are the most cost-effective and knowledgeable ways to shop and eat in Bohol. You’re getting the finest cuisine available and contributing to the local economy because most food and produce comes from local farms, islands, villages, and the sea. In the local markets, you’ll find everything you need.

Here is a table of expenses for a couple living in Bohol, Philippines per month:

Cost of Living in Bohol Philippines: Table of Expenses in 2024

This table of expenses will help you plan your budget.

The Cost of living table below An extensive poll of Digital Nomads, Expats, backpackers, travelers, our personal experience, and Numbeo users was used to put this together.

$1 USD equals 55.17 Philippine pesos as of the posting of this article. This estimate is based on a Strict Budget Vs. A luxury Budget in Bohol, Philippines, per Month! The Cost Of Living Per Month In Bohol, Philippines, is $697.37 – $2,077.76 (PHP 38,623 – PHP 115,527)  or more, depending on your spending habits!

Here is the Table of the monthly budget for two people living in Bohol Philippines:

Cost of Rent In Bohol Philippines In-Depth Summary

The cost of Housing and accommodation in Bohol is essential for many expats, retirees, digital nomads, and backpackers. It can vary depending on the type of apartment or room one is looking for.

The cost of a studio apartment Bohol, Philippines:

• Location: One of the main factors affecting the cost of a studio apartment in Bohol is the property’s location. Rent prices in Bohol can vary significantly depending on the neighborhood, with central locations and tourist areas generally being more expensive.
• For example, a studio apartment in a central location such as Tagbilaran City or Panglao Island may cost PHP 8,000 ($160) to PHP 15,000 ($300) per month. In contrast, a studio apartment in a less touristy area may cost PHP 5,000 ($100) to PHP 8,000 ($160) per month.
•  Amenities: The cost of a studio apartment in Bohol can also vary depending on the amenities and features of the property. Studio apartments with additional amenities such as a swimming pool, gym, or security may cost more than basic studio apartments.
• For example, a studio apartment with a swimming pool and gym may cost PHP 10,000 ($200) to PHP 15,000 ($300) per month, while a basic studio apartment may cost PHP 5,000 ($100) to PHP 8,000 ($160) per month.
•  Duration of stay: The length of your stay in Bohol can also affect the cost of a studio apartment. Many property owners offer discounts for longer stays, with weekly and monthly rates generally being lower than daily rates.
• For example, a studio apartment may cost PHP 2,000 ($40) per night for a short-term stay, but the weekly rate may be as low as PHP 10,000 ($200), and the monthly rate may be as low as PHP 20,000 ($400).
•  In summary, the cost of a studio apartment in Bohol can vary depending on the location, amenities, and duration of your stay. Rent prices in Bohol can range from PHP 5,000 ($100) to PHP 15,000 ($300) per month.

The Cost of a One bedroom apartment in Bohol Philippines:

The cost of renting a one bedroom apartment in Bohol:

• Location: One of the main factors that affect the cost of a one bedroom apartment in Bohol is the location of the property. Rent prices in Bohol can vary significantly depending on the neighborhood, with central locations and tourist areas generally being more expensive.
• For example, a one bedroom apartment in a central location such as Tagbilaran City or Panglao Island may cost PHP 10,000 ($200) to PHP 20,000 ($400) per month. A one-bedroom apartment in a less touristy area may cost PHP 8,000 ($160) to PHP 10,000 ($200) per month.
•  Amenities: The cost of a one bedroom apartment in Bohol can also vary depending on the amenities and features of the property. One bedroom apartments with additional amenities such as a swimming pool, gym, or security may cost more than basic one bedroom apartments.
• For example, a one bedroom apartment with a swimming pool and gym may cost PHP 15,000 ($300) to PHP 20,000 ($400) per month, while a basic one bedroom apartment may cost PHP 8,000 ($160) to PHP 10,000 ($200) per month.
•  Duration of stay: The length of your stay in Bohol can also affect the cost of a one bedroom apartment. Many property owners offer discounts for longer stays, with weekly and monthly rates generally being lower than daily rates.
• For example, a one bedroom apartment may cost PHP 3,000 ($60) per night for a short-term stay, but the weekly rate may be as low as PHP 15,000 ($300), and the monthly rate may be as low as PHP 30,000 ($600).
•  In summary, the cost of a one bedroom apartment in Bohol can vary depending on the location, amenities, and duration of your stay. Rent prices in Bohol can range from PHP 8,000 ($160) to PHP 20,000 ($400) per month.

The Cost of 2 Bedroom Apartment in Bohol, Philippines:

The cost of renting a two bedroom apartment in Bohol:

• Location: One of the main factors affecting the cost of a two-bedroom apartment in Bohol is the property’s location. Rent prices in Bohol can vary significantly depending on the neighborhood, with central locations and tourist areas generally being more expensive.
• For example, a two bedroom apartment in a central location such as Tagbilaran City or Panglao Island may cost PHP 15,000 ($300) to PHP 30,000 ($600) per month. In comparison, a two bedroom apartment in a less touristy area may cost PHP 10,000 ($200) to PHP 15,000 ($300) per month.
•  Amenities: The cost of a two bedroom apartment in Bohol can also vary depending on the amenities and features of the property. Two bedroom apartments with additional amenities such as a swimming pool, gym, or security may cost more than basic two bedroom apartments. For example,
•  a two bedroom apartment with a swimming pool and gym may cost PHP 20,000 ($400) to PHP 30,000 ($600) per month, while a basic two bedroom apartment may cost PHP 10,000 ($200) to PHP 15,000 ($300) per month.
•  Duration of stay: The length of your stay in Bohol can also affect the cost of a two bedroom apartment. Many property owners offer discounts for longer stays, with weekly and monthly rates generally being lower than daily rates.
• For example, a two bedroom apartment may cost PHP 4,000 ($80) per night for a short-term stay, but the weekly rate may be as low as PHP 20,000 ($400), and the monthly rate may be as low as PHP 40,000 ($800).
•  In summary, the cost of a two bedroom apartment in Bohol can vary depending on the location, amenities, and duration of your stay. Rent prices in Bohol can range from PHP 10,000 ($200) to PHP 30,000 ($600) per month, with central locations and tourist areas generally being more expensive.
• Two bedroom apartments with additional amenities such as a swimming pool or gym may also cost more than basic two bedroom apartments. Considering these factors, you can find a two bedroom apartment in Bohol that meets your needs and budget.

The Cost of a 3 bedroom apartment in Bohol Philippines

• The average cost of renting a three-bedroom apartment in Bohol is around PHP 27,500 – 77,000 per month, or about $500 – $1400 USD per month.

The Cost of a Luxury Apartment in Bohol Philippines per month:

• The monthly cost of a luxury apartment in Bohol can range from around PHP 27,500 to over PHP 110,000 per month ($500 – $2000).

Renting an apartment monthly, either in person or from Airbnb, will be your best option if you’re looking for a place in Bohol, Philippines. On average, apartments in Bohol, Philippines, cost $200 to $2000 per Month on Airbnb and may be cheaper if you search locally, but you will have to pay an upfront deposit, so if you go through Airbnb, you don’t have to pay a deposit, so this is why I choose Airbnb.

Renting a home with two or more rooms will cost you around $600+ per Month if you’re looking for something more spacious and want to live on the Island without spending too much.

• You’ll have to choose between renting a studio, 2 bedroom, 3 bedroom, guesthouse, hostel, villa and sharing the rent in Bohol.
• To save money in Bohol, you should eat food locally and look for an apartment in the surrounding areas close to local markets, gyms, and restaurants. This is a fantastic tip that I use all the time.
• Digital Nomads in Bohol Philippines, Digital Nomads in Bohol Philippines, and Expats in Bohol Philippines are just a few of the Facebook groups available. For you, Facebook groups are a fantastic resource! It might be an excellent place to start. 
• There are lodges, Homestays, Airbnb, Guesthouses, and Bed and breakfasts In Bohol, Philippines, for affordable rates. Never fall for the nightly hotel option and expensive touristic locations.

Monthly Rent in Bohol Philippines: Table of Expenses in 2024

Here is a table of expenses for the Cost of rent and Accommodation in Bohol Philippines per month:

Here is a table of estimated costs for rent and accommodation in Bohol, Philippines:

Cost Of Transportation In Bohol Philippines Summary and Table of expenses

The average cost a traveler spends a day on transportation while in Bohol, Philippines is $1 to $5 a day USD or $85 – $200 per month.

Here are 7 different methods of public transport you can do in Bohol, Philippines:

• P2P Buses (Uber express & Genesis Transport)
•   coupon taxis
•   airport metered taxis
•   jeepneys
•   Grab taxi
•  Rent your scooter in Bohol
•   Local Motorcycle Taxi

Here is a detailed table of estimated costs for public transportation in Bohol, Philippines:

Here is a table of expenses for the Cost of Public Transportation in Bohol Philippines per month:

Here is an example table of expenses for the average monthly transportation costs in Bohol Philippines:

Ultimately we recommend that you rent a scooter. This will give you the best experience, and you can explore Bohol, Philippines, the best this way.

Cost of Food In Bohol Philippines Explained: Table Of Expenses 2024

The average cost of food per day in Bohol, Philippines, is about $5 to $10 per day or $220 to $600 per month.

Another great option is to shop at the local markets In Bohol for affordable fresh food and cook meals at home.

But if you eat at local food stalls around your area, you’re looking to spend only around $250 to $600 on food per Month.

• Local markets: One of the most affordable options for purchasing food in Bohol is through local markets. These markets, often called “wet markets,” offer a variety of fresh produce, meats, and seafood at reasonable prices. For relatively low prices, fresh fruits and vegetables can be purchased at local markets, with common options such as bananas, mangoes, and tomatoes available for as little as PHP 20 ($0.40) per kilogram. Seafood is also a staple in the local diet and can be purchased at local markets or seafood vendors for reasonable prices. For example, a kilogram of fresh shrimp can be purchased for around PHP 300 ($6).
•  Supermarkets and grocery stores: In addition to local markets, there are supermarkets and grocery stores in Bohol where you can purchase various food items, including imported and processed products. These products tend to be more expensive than locally sourced items, but they may be more convenient for some shoppers. The cost of grocery items in Bohol can vary depending on the store and the product, but everyday items such as milk, bread, and eggs can be purchased for around PHP 100 ($2) to PHP 150 ($3) per item.
•  Restaurants: If you prefer to dine out, there are a variety of restaurants in Bohol offering local and international cuisine. Prices for restaurant meals in Bohol can range from PHP 150 ($3) for a basic meal at a local restaurant to PHP 500 ($10) or more for a meal at a high-end establishment. Some popular local dishes to try in Bohol include Lechon (roasted pig), sinigang (sour soup), and adobo (meat cooked in vinegar and soy sauce).
•  Street food: Street food is also a popular option in Bohol, with options such as barbecued meats, fried snacks, and fresh fruit juices available for as little as PHP 20 ($0.40) per item. Street food vendors can be found throughout the province, offering a quick and affordable option for meals on the go.
•    Overall, the monthly cost of food, groceries, and markets in Bohol, Philippines, is around $220 to $800 per month.

Here is a table of expenses for the Cost of Food in Bohol Philippines per month:

Here is an example table of expenses for the average monthly food and grocery costs in Bohol Philippines:

Here is a table of estimated costs for food in the supermarkets in Bohol, Philippines:

Cost of Utilities in Bohol Philippines: Table of Expenses 2024

The cost of utilities in Bohol, Philippines, can vary depending on individual usage and consumption. However, the city’s utilities are considered relatively affordable compared to other major cities in Asia.

• Electricity and water: Electricity in Bohol is provided by the Bohol Light Company (BLC), which generates power through a combination of diesel-fired generators and renewable energy sources. The cost of electricity in Bohol is based on a tiered pricing system, with higher rates for higher levels of consumption.
•  As of 2024, the cost of electricity in Bohol ranges from PHP 9.50 ($0.20) to PHP 15.50 ($0.32) per kilowatt-hour (kWh). In addition to the cost of electricity, you will also need to pay for water consumption. Water in Bohol is supplied by the Bohol Water Utilities, Inc. (BWUI), which charges a fixed rate of PHP 15 ($0.30) per cubic meter for water usage. And around $50 to $150 per month in utilities.
•  Internet WiFi and phone plan: There are several internet and phone service options in Bohol, including local and international providers. The cost of internet service varies depending on the provider and the speed of the connection.
•  The average cost of internet service in the Philippines is around PHP 1,500 ($30) per month for a basic package with speeds of up to 30 Mbps. For phone service, you can choose between a postpaid or prepaid plan.
•  Postpaid plans usually offer more data and calls for a fixed monthly fee, while prepaid plans allow you to pay as you go. The cost of a prepaid phone plan in Bohol starts at around PHP 99 ($2) per month, which includes a certain amount of data and calls.
•  Phone and SIM card: Several mobile phone providers in Bohol, including Globe, Smart, and Sun Cellular. SIM cards can be purchased at any mobile phone store or at the airport upon arrival.
•  Prices vary depending on the provider and the chosen plan, but the average cost is around PHP 500 – PHP 3500 (about $10 – $63) per month for unlimited data and calls. Globe is the overall best data provider.
•  Overall expenses and prices: Overall, the utilities in Bohol will cost around $100 to $200 per month for electricity, water, internet, wifi, and mobile data.

Here is an example table of expenses for the average monthly utilities in Bohol Philippines:

Here is a table of estimated costs for utilities in Bohol, Philippines:

Healthcare Costs in Bohol Philippines

Medical Tourism is massive in The Philippines. We suggest finding a great hospital for expats in Manila.

We recommend The best travel health Insurance available by SafetyWing We always have travel insurance monthly for international trips and living abroad. It covers any health or medical procedure done.

We suggest you also have it, especially if you live as an expat and digital nomad in Bohol Philippines. We always use SafetyWing for international travel insurance and medical concerns. They start at $42 a month! It’s incredible and always reliable!

Cost of Taxes in Bohol, Philippines by Percentage

Here is in-depth information on the cost of Taxes in Bohol, Philippines for each type of Tax and make sure to contact a local tax expert in Bohol, Philippines for more information:

Individual Income Tax in Bohol, Philippines

• Tax Type: Individual Income Tax
• Tax Rate: 0% – 35%
• Important Information:
  • The Philippines has graduated tax rates from 0% to 35% based on taxable income.
  • Taxable income over ₱250,000 is taxed at 32% up to 35% for income over ₱8 million.
  • There are personal and additional exemptions that reduce taxable income.

Value Added Tax (VAT) in Bohol, Philippines

• Tax Type: Value Added Tax (VAT)
• Tax Rate: 12%
• Important Information:
  • VAT of 12% applies to sale of goods and services and importation.
  • Essential food, health, and education are zero-rated or exempt.
  • VAT is collected by businesses and passed on to the government.

Corporate Income Tax in Bohol, Philippines

• Tax Type: Corporate Income Tax
• Tax Rate: 25% – 30%
• Important Information:
  • Corporate income tax rate is 25% for small businesses and 30% for large corporations.
  • Optional 15% tax rate for proprietary educational institutions.
  • Tax incentives reduce corporate tax for certain industries and zones.

Property Tax in Bohol, Philippines

• Tax Type: Property Tax
• Tax Rate: 0.5% – 2%
• Important Information:
  • Local government units levy real property tax up to 2% based on assessed value.
  • Tax rates vary based on location and classification of property.
  • Exemptions for low-income owner-occupied residences.

Customs Duties in Bohol, Philippines

• Tax Type: Customs Duties
• Tax Rate: 3% – 30%
• Important Information:
  • Customs duties from 3% to 30% apply on importation of goods.
  • Higher duties for cars, tobacco, and petroleum products.
  • FTAs like ASEAN Trade in Goods Agreement reduce duties.

Table of Tax Rates in Bohol, Philippines

Main FAQS Section About Bohol Philippines:

Cost Of Living in Bohol Philippines Conclusion

We hope that you have found this blog post helpful! We have summarized the cost of living in Bohol Philippines and provided a table of expenses, provided information on rent, accommodation, food costs, and more! We will be continually updating this blog post! Also, below are many excellent travel resources that will help you in your Journey around the world!

• Also if you want to read the full guide on The Cost Of Living In The Philippines Click Here!
• If you are curious about Manila, read the full guide on The Cost of living in Manila Philippines Click Here!
• If you want to read about The Cost of Living in Cebu Click Here!
• For the Cost of living in Boracay Click Here!
• Interested in the Cost of living in El Nido Palawan Philippines Click Here!
• Read the full guide on the Cost of living in Coron Palawan Philippines Here!
• Read the Full guide on The Cost Of living in Davao City Philippines Here!
• COST OF A TRIP To Manila Philippines 2024 [Manila Trip Cost]
• read the trip costs for COST OF A TRIP To The Philippines 2024 [Trip Cost]
• For Boracay read COST OF A TRIP To Boracay Philippines 2024 [Trip Cost]
• COST OF A TRIP To Coron Palawan Philippines 2024 [Trip Cost]
• COST OF A TRIP To El Nido Philippines 2024 [Trip Cost]
• COST OF A TRIP To Siargao Philippines 2024 [Trip Cost]
• 7 BEST NEIGHBORHOODS To Live In Bohol Philippines 2024

Travel Resources and Reliable Sources For Bohol Philippines

• Travel Insurance: We always have travel insurance monthly for international trips and living abroad. We STRONGLY suggest that you also have it, just in case other digital nomads live abroad, and we always use SafetyWing for international travel insurance and medical concerns. SafetyWing is one of the few policies covering Covid-19, and they start at $42 a month! It’s incredible and always reliable! SafetyWing is perfect for Digital Nomads and long-term travelers!
• Heath and Safety: We use the travel guides on the CDC website to research recommended precautions.
• Philippines Tourism Board Government Site
• Official Philippines Tourism Board Tourist Friendly Site

If you want to keep up with our travels, go ahead and follow us on our travel page on Instagram @onelifepassport! Comment below what else you would like to know/see about our experiences traveling the world! Also, check out our YouTube Channel!

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Austin Pierce

Co Owner of One Life Passport, Subject Matter Expert about Travel and Digital Nomadism, Travel Expert for 7 Years and Travel Youtuber with my Girlfriend Salina at One Life Passport on YouTube. About the Author: I Became A Digital Nomad in 2018 after working soul-crushing jobs in Tennessee, United States. I figured out how to make money online, and I bought a one-way ticket to Thailand in 2018, and we never looked back; I have been traveling the world with my girlfriend, Salina. We Run a YouTube Channel and this Blog; We write about the Digital Nomad Lifestyle, Travel, The Places we live, and How to Make Money Online. I am also an MMA and Muay Thai Fighter, and I am really into Fitness!

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