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.
|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%|
Locations in Philippines
|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|