Very much dependent on where you want to live.
Got offered a real nice 5 bedroom new build for just 12,000 pesos a month in Dipolog City Mindanao a great area with a nice mix of local and a slight Western influence in the mall there { ie you really wont want for nothing. }
Anyway i certainly dont need that amount of space.
Incidentally my girlfriends family have just bought a new-build 3 bedroom place on the outskirts of town for £20,000! on the same large development we checked out a large one bedroom new build for £9000, basic by our standards but certainly decent. The long term interest rates are very high but if you have a few £ spare and can pay off within 5 years its very very tempting!
The gfs family try hard to not let me buy anything at the market but i certainly insist!
£5 a day would give us all a great feed and enough for a couple of beers for me and her dad too!
When i do stay there it certainly saves me a small fortune and i have paid them back with a nice laptop, wifi connection and a new flat screen TV with UK and US cable, a nice arrangement for us all.