Location Factors

Makati

The location factor for Makati (Philippines) is 0.75, based on local living costs.

This means a ₱2,107,273 per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to ₱2,314,807.

You can also start a calculation based on Makati.

Name Makati
🇵🇭
Philippines
Chosen Factor 0.75 0.82* 0.63 0.70*
Market Rates unavailable 0.32 0.35*
Consumer Price Index 0.67 0.73* 0.52 0.58*
Rent Index* 0.97 1.06* 0.28 0.30*
Consumer Price Plus Rent Index 0.75 0.82* 0.46 0.51*
Groceries Index 0.72 0.79* 0.63 0.70*
Restaurant Price Index* 0.48 0.53* 0.32 0.35*
Local Purchasing Power Index* 0.34 0.37* 0.32 0.35*
Buffer Location Bracket* C 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.

Other locations in Philippines

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