Hello my friend ☺️
Yes, i am from the Philippines, so I'll share honest insights for you.
Cost of Living:
Minimum can be around $400-$700/month if you live simple and outside big cities. Comfortable living is usually $800-$1,500 + depending on your lifestyle and location (Manila is more expensive).
Job Market:
To be honest, local salaries are quite low. It's much better if you have remote work, online business, or income from abroad. That's what most foreigners here do.
Visa/Residency:
Tourist visa is easy to extend but you need to renew it regularly and pay fees. Long-term stay is possible but you need to plan for the costs and process.
MY ADVICE :
The Philippines is a great place to live if you like a relaxed lifestyle, friendly people and lower cost of living - but it's best to visit first before deciding to move permanently.
Hope this helps. 😊