Filipino families experienced a 16.5% increase in average income from 2023 to 2025, but expenses rose even faster at 24.7%, leading to less financial breathing room.

Despite higher incomes, families are feeling financially squeezed due to rising expenditures on necessities, with inflation further exacerbating the situation in 2026.

Wages and salaries remain the primary source of income for Filipino families, but the average income figure is a national average and does not reflect individual household variations.

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MANILA, Philippines – On paper, Filipino families got a sizable income raise between 2023 and 2026, but there’s a reason why most still find their household budgets stretched thin.