Last update: Oct 2026

Cost of Living Comparison Between Iligan City and Bansko

For one person, living is cheaper in Iligan City: $739 a month against $956 in Bansko, rent and utilities included – about $2,600 less a year. Rent and utilities account for most of the difference.

Iligan City
🇵🇭 Philippines
$739
/mo nomad
Bansko
🇧🇬 Bulgaria
$956
/mo nomad
Monthly Cost of Living

How much you'll spend in Iligan City and in Bansko

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Iligan City and in Bansko actually costs, broken down by who's living it.

A single person spends $739 per month in Iligan City vs $956 in Bansko, rent included.

  • Iligan City $739
  • Bansko $956

A couple spends around $1,126 per month in Iligan City vs $1,467 in Bansko, rent included.

  • Iligan City $1,126
  • Bansko $1,467

A family of three spends $1,514 per month in Iligan City vs $1,979 in Bansko, rent included.

  • Iligan City $1,514
  • Bansko $1,979

Iligan City is about 23% cheaper than Bansko, and outside of rent the biggest gap is in eating out.

Both Iligan City and Bansko are more affordable than the global median – Iligan City 45% lower, Bansko 29% lower.

Currency
🍽 Eating Out
Iligan City
Bansko
Difference
Meal at Budget Restaurant
$3.99 ₱251
$8.66 BGN 15.06
-53.93%
Three-Course Dinner for Two, Mid-Range
$17.85 ₱1,124
$44.94 BGN 78.2
-60.28%
Fast Food Meal (McDonalds, etc)
$2.74 ₱172
$8.78 BGN 15.28
-68.79%
Cappuccino
$2.26 ₱142
$2.33 BGN 4.05
-3.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.67 ₱42.01
$1.57 BGN 2.74
-57.32%
Water (0.33 liter bottle)
$0.34 ₱21.15
$0.82 BGN 1.43
-58.54%
Local Beer (0.5 liter draught)
$1.13 ₱71.1
$1.68 BGN 2.92
-32.74%
Imported Beer (0.33 liter bottle)
$1.90 ₱120
$1.98 BGN 3.45
-4.04%
🛒 Groceries & Markets
Iligan City
Bansko
Difference
Milk (1 liter)
$2.05 ₱129
$1.73 BGN 3.00
18.50%
White Bread (500g)
$1.16 ₱72.8
$0.80 BGN 1.40
45.00%
Rice (white) (1kg)
$0.90 ₱56.7
$1.44 BGN 2.51
-37.50%
Eggs
$1.93 ₱121
$2.36 BGN 4.10
-18.22%
Local Cheese (1kg)
$5.66 ₱357
$9.39 BGN 16.34
-39.72%
Chicken Fillets (1kg)
$4.21 ₱265
$6.41 BGN 11.15
-34.32%
Beef Round Steak (1kg)
$7.26 ₱457
$8.48 BGN 14.76
-14.39%
Apples (1kg)
$2.42 ₱153
$1.31 BGN 2.28
84.73%
Banana (1kg)
$1.54 ₱97.2
$1.62 BGN 2.82
-4.94%
Oranges (1kg)
$2.34 ₱147
$1.73 BGN 3.01
35.26%
Tomato (1kg)
$1.17 ₱73.7
$1.94 BGN 3.38
-39.69%
Potato (1kg)
$2.01 ₱126
$0.94 BGN 1.63
113.83%
Onion (1kg)
$1.92 ₱121
$0.76 BGN 1.32
152.63%
Lettuce (1 head)
$0.92 ₱57.8
$0.55 BGN 0.95
67.27%
Water (1.5 liter bottle)
$0.57 ₱35.82
$0.59 BGN 1.02
-3.39%
Cigarettes 20 Pack (Marlboro, Camel)
$2.97 ₱187
$3.25 BGN 5.66
-8.62%
Wine (Bottle)
$7.55 ₱476
$5.20 BGN 9.05
45.19%
Local Beer (0.5 liter bottle)
$0.96 ₱60.5
$1.09 BGN 1.89
-11.93%
Imported Beer (0.33 liter bottle)
$2.01 ₱126
$1.68 BGN 2.92
19.64%
🚌 Getting Around
Iligan City
Bansko
Difference
One-way Ticket (Public Transport)
$0.26 ₱16.49
$0.84 BGN 1.45
-69.05%
Public Transport Monthly Pass (Regular Price)
$12.63 ₱795
$27.06 BGN 47.09
-53.33%
Taxi Start (Normal Tariff)
$0.85 ₱53.5
$1.34 BGN 2.34
-36.57%
Taxi (Normal Tariff) (1km)
$0.21 ₱13.33
$0.65 BGN 1.14
-67.69%
Taxi 1hour Waiting (Normal Tariff)
$2.01 ₱127
$10.06 BGN 17.51
-80.02%
Gasoline (1 liter)
$1.17 ₱73.6
$1.48 BGN 2.57
-20.95%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.2K ₱1.3M
$29.1K BGN 50.7K
-27.37%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$16.8K ₱1.1M
$20.9K BGN 36.4K
-19.69%
🧾 Monthly Utilities & Internet
Iligan City
Bansko
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$129 ₱8,095
$92.4 BGN 161
39.11%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$15.31 ₱964
$14.52 BGN 25.26
5.44%
Internet (50+ Mbps, Unlimited Data)
$24.12 ₱1,519
$12.32 BGN 21.43
95.78%
🎉 Sport & Entertainment
Iligan City
Bansko
Difference
Gym Membership (Monthly)
$31.95 ₱2,011
$31.70 BGN 55.2
0.79%
Tennis Court (1 Hour on Weekend)
$4.61 ₱290
$8.53 BGN 14.84
-45.96%
Cinema Ticket
$5.14 ₱324
$5.62 BGN 9.78
-8.54%
🧸 Childcare & Education
Iligan City
Bansko
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$131 ₱8,241
$230 BGN 401
-43.19%
International Primary School, 1 Child (Yearly)
$8,881 ₱559.2K
$2,268 BGN 3,947
291.51%
👕👟 Clothing & Footwear
Iligan City
Bansko
Difference
Jeans (Levis 501 Or Similar)
$33.30 ₱2,097
$30.10 BGN 52.4
10.63%
Summer Dress (H&M, Zara, etc)
$18.10 ₱1,139
$19.62 BGN 34.13
-7.75%
Sport Shoes (Adidas, Nike)
$70.2 ₱4,422
$45.86 BGN 79.8
53.16%
Men's Leather Business Shoes
$48.70 ₱3,066
$47.69 BGN 83.0
2.12%
🏠 Accommodation & Living
Iligan City
Bansko
Difference
1-bedroom Apartment, City Center (Monthly)
$111 ₱6,985
$518 BGN 902
-78.59%
1-bedroom Apartment, Outside City Center (Monthly)
$172 ₱10.8K
$357 BGN 621
-51.89%
3-bedroom Apartment, City Center (Monthly)
$515 ₱32.4K
$614 BGN 1,069
-16.10%
3-bedroom Apartment, Outside City Center (Monthly)
$357 ₱22.5K
$569 BGN 990
-37.19%
Buy Apartment in City Center (m2)
$2,600 ₱163.7K
$1,191 BGN 2,073
118.24%
Buy Apartment Outside City Center (m2)
$875 ₱55.1K
$959 BGN 1,669
-8.78%
💵 Salaries & Financials
Iligan City
Bansko
Difference
Average Monthly Net Salary (After Tax)
$198 ₱12.5K
$1,704 BGN 2,965
-88.39%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.79
2.99
127.09%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Iligan City: October 12, 2026

Last update for Bansko: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
Iligan City
$184
Bansko
$192 4.3% $7.8
Accommodation & Living
Iligan City
$172
Bansko
$357 108% $185
Monthly Utilities & Internet
Iligan City
$168
Bansko
$119 29% $49
Eating Out
Iligan City
$81
Bansko
$145 80.3% $65
Clothing & Footwear
Iligan City
$77
Bansko
$64 15.9% $12
Sport & Entertainment
Iligan City
$42
Bansko
$43 1.7% $0.7
Getting Around
Iligan City
$16
Bansko
$35 125% $19

Cost Breakdown

A central one-bedroom costs $111 in Iligan City versus $518 in Bansko. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 761% higher in Bansko, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $18.00 in Iligan City versus $45.00 in Bansko. Monthly groceries follow the same trend: $184 vs $192 – making Iligan City the more affordable choice for daily food spending.

Good to know
🇵🇭 Iligan City
🇧🇬 Bansko
🕒 Local time
10:59 10:59 AM
05:59 5:59 AM
5 h behind Iligan City
🌤 Weather
👥 Population
342,618
8,000
💱 Currency
Bulgarian Lev BGN лв.
Exchange rates and currency converter

BGN, USD, EUR to PHP – Philippine Peso Converter

Philippine Peso exchange rates as of October 18, 2026: 1 USD = 62.96 PHP (100 PHP = 1.59 USD). 1 EUR = 70.78 PHP (100 PHP = 1.41 EUR).

Bulgarian Lev exchange rates as of October 18, 2026: 1 USD = 1.74 BGN (1 BGN = 0.575 USD). 1 EUR = 1.96 BGN (1 BGN = 0.511 EUR).

On the map
Between locations
  • Iligan City Bansko 10,280 km ≈ 13 h nonstop flight
From you
  • Iligan City
  • Bansko

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Iligan City vs Bansko: Cost of Living - Frequently Asked Questions
How do living costs in Iligan City and in Bansko compare overall?
Monthly costs with rent: $739 in Iligan City, $956 in Bansko – roughly 29% apart. Outside of rent, the biggest gap is in eating out.
What salary covers living expenses in Iligan City compared to Bansko?
For a comfortable life, plan on about $1,108 per month in Iligan City and $1,434 in Bansko. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Iligan City and Bansko?
Rent is clearly cheaper in Iligan City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper restaurants?
A mid-range dinner for two costs $18.00 in Iligan City and $45.00 in Bansko. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more expensive overall: Iligan City or Bansko?
Monthly expenses with rent come to $739 in Iligan City and $956 in Bansko. That's a gap of about 29%.
Which city is more doable on $2,000 per month?
A $2,000 monthly budget goes further in Iligan City, where all-in costs run around $739, than in Bansko at $956. In Iligan City it covers expenses comfortably, while in Bansko it requires careful planning or may not stretch far enough.
How does quality of life compare between Iligan City and Bansko?
It depends on your priorities. Bansko has an edge in some lifestyle areas, with costs from $739 in Iligan City to $956 in Bansko. Climate, culture, job market, and personal taste all factor in.
Is Iligan City or Bansko safer for residents?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
How do I decide between Iligan City and Bansko?
If budget matters most, go with Iligan City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Bansko makes more sense. Both are solid long-term options with distinct trade-offs.

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