Data last updated: October 2026

Bilbao, SpainDavao, Philippines

You would need around 80.8% less money in Davao, Philippines to maintain the same standard of living you have in Bilbao, Spain.

Overall Cost of Living

80.8%

Davao, Philippines is cheaper than Bilbao, Spain

1-Bed Rent (City Center)

City A1,303 USD
City B284 USD
Difference-78.2%

Groceries (Monthly)

City A275 USD
City B61 USD
Difference-77.8%

Average Net Salary

City A2,390 USD
City B219 USD
Difference-90.8%

Editorial Insight: Planning a move from Bilbao, Spain to Davao, Philippines? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Davao, Philippines is 80.8% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Davao, Philippines's center costs around 284 USD, which is a staggering 78.2% less than in Bilbao, Spain. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Bilbao, Spain and Davao, Philippines is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Davao, Philippines to maintain your current lifestyle in Bilbao, Spain.

USD

You need in Davao, Philippines

460 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Bilbao, Spain to Davao, Philippines and investing the 81% cost of living difference, you could reach FIRE 10.0 years earlier.

Budget Simulator

Instantly adapt your Bilbao, Spain budget to local Davao, Philippines prices. We automatically adjust housing, groceries, and leisure categories.

Housing284 USD
Groceries61 USD
Utilities & Internet35 USD

Investment Planner

You save 1019 USD every month on rent alone by moving to Davao, Philippines.

Investing this rent difference in an S&P 500 index fund could grow to ~171,192 USD in 10 years.