Cagayan de Oro, Philippines π΅π
#588
8.475641, 124.642153
Nomad Score:
61%
Essentials
ποΈ City | Cagayan de Oro is a city located in Northern Mindanao, known as the 'City of Golden Friendship'. |
π₯ Population | Approximately 600,000 residents. |
π» Internet Speed | Average speed is around 24 Mbps. |
πΈ Currency & Banking | 1 PHP β 0.018 USD, with numerous banks available including BPI, Metrobank, and Unionbank. |
π° Tap Water | Generally safe to drink, but purchasing bottled water is recommended. |
π Power | 220V, 60Hz, with Type A and B sockets. |
πΆ SIM Card | Globe Telecom and Smart Communications are the main providers. |
π³ Banking for Expats | Popular banks include Citibank and HSBC; cash is still widely used. |
π Accommodation | Options include local guesthouses, Airbnb rentals, and hotels like Seda Centrio. |
π³ Cashless Friendly | Limited cashless payment options; mostly cash accepted in markets and small vendors. |
π Short Term Rentals | Airbnb and local rental websites are popular for short term stays. |
ποΈ Budget Accommodation | Hostel options like The Urban Pod and cheap local inns are available. |
Working and Networking
π’ Best Coworking Space | Hatch coworking space, located at Limketkai Center. |
β Best Cafe for Work | Coffee Haven, known for its fast Wi-Fi and quiet atmosphere. |
πΌ Networking Events | Regular meetups at the Cagayan de Oro Chamber of Commerce. |
π₯ Social Events for Expats | Facebook groups such as 'Cagayan de Oro Expats' organize various social gatherings. |
Transportation
π Best Taxi/Ride App | Grab is the most popular app for ride-hailing. |
π² Bike/Scooter Rental | Scooter rentals are available at several local shops and online platforms. |
ποΈ Best Beach Nearby | The nearest beach is in Opol, about 30 minutes away by car. |
βοΈ Top Regional Airline | Philippine Airlines operates domestic routes from Laguindingan Airport. |
βοΈ Top International Airline | Cebu Pacific offers international routes from Cagayan de Oro. |
π£οΈ Highway Access | Accessible via the Cagayan de Oro-Iligan Highway and other major roads. |
π Main Train/Transit Hub | There is no main train station; buses are the primary public transport. |
π Public Transport Passes | No formal public transport passes; fares are typically low for buses and jeepneys. |
βοΈ Regional Travel | Buses operate to nearby cities such as Bukidnon and Iligan. |
Health and Wellness
π₯ Best Hospital | Cagayan de Oro Medical Center is a major private hospital. |
π§ Yoga & Wellness Centers | Yoga in the City offers classes for various skill levels. |
ποΈ Gyms & Fitness Centers | Fitness First and Anytime Fitness have multiple locations. |
π§Ί Laundry Services | Affordable laundromats like Laundry Hub can be found around the city. |
Food and Drink
π± Best Food Delivery App | FoodPanda operates in the city for food delivery. |
π½οΈ Best Local Dish to Try | Chickens inasal is a local favorite dish. |
π± Vegan/Vegetarian Options | The Vegan Table offers various plant-based dishes. |
π« Best Dessert Spots | Biskwit Cafe is known for its tasty desserts and pastries. |
π Affordable Shopping Spots | Cogon Market offers a variety of fresh produce and street food. |
π E-commerce/Online Store | Lazada and Shopee have a strong presence in the region. |
π Grocery Delivery | Groceries can be ordered via the Lazada app. |
πΈ Bar/Nightlife Area | The nightlife district around Divisoria offers various bars and clubs. |
π» Local Brewery | Cagayan de Oro's craft beer scene is growing, with breweries like Minaiya Craft Brewery. |
π· Wine Bars | The Wine Bar at Centrio Mall provides a great selection. |
π² Street Food Stalls | Street vendors around the city serve local delicacies like Balut and Taho. |
π Popular International Cuisine | Pizza Republic serves popular pizza and pasta options. |
Culture and Attractions
ποΈ Must-See Landmarks | Macahambus Cave and the Cagayan de Oro River are must-visit spots. |
ποΈ Museums & Art Venues | Cagayan de Oro Museum showcases local history. |
π° Historical Sites | The 1883 Apostolic Church is an important historical site. |
π Religious Sites | St. Augustine Metropolitan Cathedral is notable for its architecture. |
π Annual Events | The Higalaay Festival in August celebrates the cityβs patron saint. |
π¨ Cultural Districts | The Divisoria area is known for its local culture and craft markets. |
π Theater Venues | The Limketkai Theatre hosts various performances. |
ποΈ Local Markets | Cogon Market and Pueblo de Oro Market offer a vibrant shopping experience. |
πΌ Music Scene | Live music can be found at venues like The Lounge at Grand Caprice. |
π¨ Street Art | Street art can be seen in the old city areas. |
π§βπ³ Cooking Classes | Little Miss Muffin offers cooking classes focused on local cuisine. |
π©βπ¨ Art Galleries | The Xavier University Museum features local artists' work. |
π°οΈ Historic Buildings | The Old Cagayan de Oro City Hall is an architectural landmark. |
π΄ Local Heritage | The cityβs heritage is celebrated through various public festivals. |
Nature and Outdoor Activities
π Nearby Nature Escapes | The Bukidnon highlands are a short trip away for hiking and nature. |
ποΈ National Parks Nearby | Mount Kitanglad National Park is accessible and famous for its trails. |
π² Cycling/Walking Paths | The Cagayan de Oro River Trail is popular for outdoor activities. |
π Scenic Viewpoints | Among the best viewpoints is the Macahambus Cave Park. |
π¦ Birdwatching Locations | The nearby forest areas offer great spots for birdwatching. |
π₯ Bonfire-Friendly Spots | Public beaches in Opol allow bonfires in designated areas. |
Other Services and Amenities
π¦ Parcel Delivery Service | JRS Express provides reliable parcel delivery services. |
π οΈ Tech Repair Services | Local shops in Limketkai complex offer electronics repair. |
π Table Tennis Spots | Community centers often have table tennis tables available. |
π§βπ« Language Classes | Global English School offers language classes for foreigners. |
π Libraries & Study Spots | The Cagayan de Oro City Library is a quiet place for study. |
ποΈ Community Centers | Various barangay centers host cultural and community events. |
πΉοΈ Gaming Lounges | Gaming hubs like the Game Zone cater to video game enthusiasts. |
π° Casino & Gaming Halls | The Xavier Sports Club has gaming facilities for fun and entertainment. |
Business
π’ Studio Purchase Price (City Center) | Approx. β±50,000 per mΒ² (e.g., 30 mΒ² = β±1,500,000) |
π’ Studio Purchase Price (Outside City) | Approx. β±35,000 per mΒ² (e.g., 30 mΒ² = β±1,050,000) |
π 1-Bedroom Purchase Price (City Center) | Approx. β±45,000 per mΒ² (e.g., 60 mΒ² = β±2,700,000) |
π 1-Bedroom Purchase Price (Outside City) | Approx. β±30,000 per mΒ² (e.g., 60 mΒ² = β±1,800,000) |
π‘ 2-Bedroom Purchase Price (City Center) | Approx. β±45,000 per mΒ² (e.g., 80 mΒ² = β±3,600,000) |
π‘ 2-Bedroom Purchase Price (Outside City) | Approx. β±28,000 per mΒ² (e.g., 80 mΒ² = β±2,240,000) |
πΌ Corporate Tax | 30% |
π΅ Dividend Withholding Tax | 15% |
π¦ Tax System | Philippine tax system is based on residency and territoriality. |
π Highest Income Tax Bracket | 35% |
π§Ύ VAT | 12% |
π Controlled Foreign Company (CFC) Rules | Yes, with specific regulations for taxation of foreign subsidiaries. |
π Property Tax | Effective tax based on assessed value. |
π Property Transaction Tax | Average rate is 6% of the purchase price. |