This study assessed the local climate change adaptation strategies used in two Philippine municipalities: Labo, Camarines Sur and Gubat, Sorsogon. Results indicate that, in nominal terms, the total value of damage due to the most recent disaster experienced by the Labo households at the time of the study amounted to PhP 2.38 million more than half of which is due to damage to productivity (mainly crop production and raising livestock and poultry). In general, the high total value of damage for Labo barangays reflects their high vulnerability to typhoons, heavy rains, and flooding. On the other hand, in nominal terms, the total value of damage due to the recent disaster experienced by the Gubat respondents at the time of the study amounted to PhP 1.16 million. More than half of the value was due to damage to properties, particularly houses and household appliances. This was followed by the value of foregone income (PhP 188,090) representing the opportunity cost of missing work, with PhP 80,750 from assisted households and PhP 107,340 from non-assisted ones.