Location Factors

Philippines

The location factor for Philippines is 0.63, based on national living costs.

This means a ₱1,786,406 per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to ₱1,962,340.
It would be ₱902,330 based on market rates, ₱991,196 with taxes paid in Germany.

You can also start a calculation based on Philippines.

Name Philippines
Chosen Factor 0.63 0.70*
Market Rates 0.32 0.35*
Consumer Price Index 0.52 0.58*
Rent Index* 0.28 0.30*
Consumer Price Plus Rent Index 0.46 0.51*
Groceries Index 0.63 0.70*
Restaurant Price Index* 0.32 0.35*
Local Purchasing Power Index* 0.32 0.35*
Buffer Location Bracket* D or C
Currency Philippine Peso (PHP)
Income Tax* 5% to 32%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScale. Living costs based on Numbeo.

Locations in Philippines

City Factor Based On
Cebu 0.61 0.67* Living Costs
Davao 0.63 0.69* Living Costs
Makati 0.75 0.82* Living Costs
Manila 0.67 0.73* Living Costs
create calculation* If taxes paid in Germany instead.