What is the average cost of housing in Manila?

If you are thinking about moving to Manila, cost of living in probably a key consideration. Expats commented about the cost of housing...

"Lower than Sydney by miles! Condos can be had for 20k/mo and up, all the way to 70k/mo if you are getting a good allowance or feeling rich. Furnished adds far more than the cost of buying stuff, so if you are staying more than a year consider going unfurnished," commented one expat who made the move to Manila, Philippines.

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"The cost of housing in Manila can vary greatly depending on the area and type of accommodation. Generally, the average cost of renting an apartment in Manila is around $400 to $600 per month, while the cost of buying a house can range from $50,000 to $500,000," remarked another expat in Manila, Philippines.

What is the average cost of housing in Manila?

If you live in Manila, newcomers to Manila would love to hear your answer to this question.