Average Monthly Salary in PHILIPPINES (Peso-Dollar)
Criteria/Notes:
Supervisor / 5 Years & Up Experienced Employee
Average Income taken between High and Low
Exchange Rate: 1 Canadian Dollar = 40 Pesos (Php)
Values valid as of year 2014
List only contains common job titles
Accountant: Php 20,000 = $500
Clerk: Php 15,000 = $375
Cashier: Php 15,000 = $375
Doctor (Government Hospital): Php 30,000 = $750
Engineer: Php 22,000 = $550
Executive Secretary: Php 20,000 = $500
General Manager (CEO/VP/Director): Php 90,000 = $2,250
Machine Operator: Php 18,000 = $450
Nurse: Php 16,000 = $400
President of the Philippines: PhP 120,000 = $3,000
Secretary: Php 18,000 = $450
Senator of the Philippines: Php 100,000 = $2,500
Supervisor: Php 20,000 = $500
Teacher: Php 18,333 = $460
Technician: Php 17,500 = $440
Waiter: Php 15,000 = $375
Interesting Observation:
An average Canadian Engineer earns 3 times more than a Filipino General Manager/CEO
An average Canadian Engineer earns over 2 times more than the President of the Philippines
An average Canadian blue collar (manual laborer) has the SAME salary as the President of the Philippines
Canadian vs Philippine Worker Salary Comparison
Calculation Notes:
Engineer job title
Cashier position title
5 years experience and above
Average Monthly pay
Family of four
Canadian Engineer: $7,500
Philippine Engineer: $550
Salary Difference: Engineer in Canada is paid 14 times more
Canadian Cashier: $1,725
Philippine Cashier: $375
Salary Difference: Cashier in Canada is paid 5 times greater
Average monthly disposable salary (income used for living expenses)
Canada: $2,775
Philippines: $330
Cost of Living vs Salary
Canadian Engineer:
$2,775 / $7,500 = 40%
40% of Canadian Engineer's salary is the average cost of living in Canada
Philippine Engineer:
$330 / $550 = 60%
60% of Filipino Engineer's salary is the average cost of living in Philippines
Canadian Cashier:
$1,725 / $2,775 = 60%
Canadian Cashier's salary is only 60% of the average cost of living in Canada (not enough salary to pay for living expenses)
Philippine Cashier:
$330 / $375 = 90%
90% of Filipino Cashier's salary is the average cost of living in the Philippines
Cost of Living Canada vs Philippines Comparison
Consumer Prices in Philippines are 50.73% lower than in Canada
Consumer Prices Including Rent in Philippines are 58.14% lower than in Canada
Rent Prices in Philippines are 77.25% lower than in Canada
Restaurant Prices in Philippines are 68.58% lower than in Canada
Groceries Prices in Philippines are 52.38% lower than in Canada
Local Purchasing Power in Philippines is 67.17% lower than in Canada
Comparison of Prices, Canada vs Philippines
Food is 42% cheaper in Philippines
Housing is 21% cheaper in Philippines
Clothes are 5% cheaper in Philippines
Transportation is 25% cheaper in Philippines
Personal Care is 40% cheaper in Philippines
Entertainment is 25% cheaper in Philippines
TOTAL: PHILIPPINES' COST OF LIVING IS 33% CHEAPER COMPARED TO CANADA
Average cost of decent living
Philippines: $1,000 per month
Canada: $3,000 per month
CONCLUSION:
Average Pay Difference: Canadian workers are paid 10 times more dollars than Filipino workers
but
Average Cost of Living: It is 33% (one-third) cheaper to live in Philippines than in Canada
and
Quality of Life: You can live an equivalent Canadian standard of living in the Philippines for 1/3 of the cost
Source References:
http://myjobstreet.jobstreet.com/career-enhancer/basic-salary-report.php?param=||ph||ph
http://www.forces.gc.ca/en/caf-community-pay/reg-force-class-c-officer-rates.page
http://www.workopolis.com/content/advice/article/the-ten-highest-and-ten-lowest-paying-jobs-in-canada/
http://www.livingin-canada.com/salaries-for-mechanical-engineers-canada.html
http://en.wikipedia.org/wiki/President_of_the_Philippines
http://www.quora.com/How-much-does-a-congressman-in-the-Philippines-earn-per-year
http://www.salaryexplorer.com/salary-survey.php?loc=38&loctype=1
http://www.payscale.com/research/CA/Job=Mechanical_Engineer/Salary
http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Canada&country2=Philippines
http://www.nationmaster.com/country-info/stats/Cost-of-living/Average-monthly-disposable-salary/After-tax#country
http://www.expatistan.com/cost-of-living
http://internationalliving.com/2013/10/the-top-three-best-places-to-retire-overseas-for-a-low-cost-of-living/
