Do you know what your guaranteed monthly income is? How many Pesos does that convert to at the current exchange rate? Forex and other sites can give you a chart of the exchange rate over the years. I have lived in the Philippines for over 7 years and will discuss costs and options for housing, rentals, utilities, cell phone costs, food costs, immigration costs, transportation by air, bus, jeepney, medical and dental costs, pharmacy costs, travel costs, and more in the Philippines