Families of five members in Iloilo needs almost P14,000 a month to meet their basic food and non-food needs, according to the Philippine Statistic Authority (PSA-6).
As of 2023, the poverty threshold in Iloilo was P13,933. Those families with income below the threshold are considered “poor.”
The basic needs include, among others, “food, clothing, housing, water, health, transport, communication, education, miscellaneous for personal care as well as basic spending for health and education.”
The poverty incidence among families in Iloilo province declined to 12.7 percent last year from 14.5 percent in 2021.
The latest figure means that 13 in every 100 families in the province are considered to be living in poverty.
In Iloilo City, the poverty incidence also dropped from 3.3 percent to 2.3 percent, the lowest in the whole Western Visayas region.
PSA defines poverty incidence as “the proportion of families/individuals with per capita income/expenditure less than the per capita poverty threshold to the total number of families/individuals.”IMT
