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Link to original content: http://statista.com/statistics/1423485/restaurant-price-index-score-manila-philippines/
Philippines: restaurant price index score Manila 2023 | Statista

Restaurant price index score of Manila Philippines 2016-2023

Restaurant price index score of the city of Manila in the Philippines from 2016 to 2023

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Source

Use Ask Statista Research Service

Release date

November 2024

Region

Philippines

Survey time period

2016 to 2023

Supplementary notes

According to the source, the index is relative to New York City, which means that each index should be 100 percent. If another city has, for example, a rent index of 120, it means that, on average, rents in that city are 20 percent pricier than in New York City. If a city has a rent index of 70, that means that the city rents are 30 percent less expensive than in New York City. 

The Restaurants Index is a comparison of prices of meals and drinks in restaurants in each city compared to New York City, so NYC's index score would be 100. An index score of 120 would indicate that eating out at a restaurant is on average 20% pricier in the given city than in New York City.

The source did not provide a release date. Date given here is the access date.

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