Thailand Cost of Living. Is It ACTUALLY Cheap?
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- เผยแพร่เมื่อ 18 มิ.ย. 2024
- Is living in Thailand actually cheap? Here's the cost of living for thailand.
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Chapters:
0:00 Intro
0:28 Housing
5:32 Getting a Suit in Bangkok
8:15 Bangkok Neighborhood Tour
9:24 Shopping
10:14 Food
15:11 Gym & Tour
19:35 Food (again)
22:17 Social + Nightlife
25:20 Summary (watch full vid plz)
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Btw guys, this is MOST of the expenses but doesn't include other things like traveling, insurance, gifts, visas, investments, savings, etc. And yes, I spend more on the high side, because I'm not necessarily concerned with trying to save my money. I could actively save more if I said no more often to friend's invitations, which restaurants I want to take with my gf, etc. Goal of Thailand is to enjoy yourself, not to penny pinch.
Check out the links in the description for the suit shop, my Thailand community, my Instagram, and other links! Thanks for watching!
please do a video on how much can someone earn to live comfortably in thailand
Great video! $1700 a month would get you a similar nice lifestyle in Brazil, but Bangkok is more modern and developed. Brazil has the finer women. LOL! Our problem is the widespread poverty and violence. Who do you get your cell phone service from?
How much do you spend total including all those expenses like health insurance, traveling , money spent on your girlfriend. Like the total including everything, that would have been helpful to include.
@@Tra980 healt insurance, i not know ewer not has, travelling about were go and what hotell or own option, girlfrien 0 $ no need, have ewery city 10 million FREE beauty girl. visa 1900 baht/year, clothes, not need many all less 2000baht/time. shorts and t-shirt. food 100-200$/month normal 3 time/day eat restaurant, NOT tourist city restaurants, same food tourist place 500-1000B/dinner and same street little far 60-200B same THAI food. foreign western food 600-2000 B. just i eat 8 people street side restaurant bill has 1200 B. many food has table, fish,pork,chikken, 8 people eat all full.
Here's thailands perk
1. cheaper rent.
thats it.
My husband and I are retiring in thailand, april 2025! Just got back from there to scout it out. It IS very cheap there. We plan to buy a condo. In hua hin or cha-am. We are low maintenance and dont need expensive clothing. We are leaving all of that in america. Its overrated. Tank tops and shorts. can't wait!
50K USD can buy good condo thailand. many small good condo cost about 30K
My advise to you is not to buy the condo. Rent would be much better, so you can have lots of choices and mobility. Only after living here for a longer period of time, if the idea of buying a condo is still on, then just buy the suitable condo.
@@surapolp I'm glad someone gave a second opinion. I'm not local but I heard that you should rent for at least a year before buying. I think it's easy to buy but hard to sell in Thailand as Thai people don't like to buy used. See if there is a market for foreigners to buy your unit should you decide to sell. I'd like to see if any condo appreciated in value because builders can pretty much put up a new building right next to yours.
Don’t buy. Just rent. Cheaper and the peace of mind is worth it to let someone else deal with problems. Got a bad neighbor? New construction noise? Discover a better spot? You can always leave
Definitely rent until you guys find an area you love best. Maybe you'll fall in love with another city. Enjoy your retirement!
Hi Paul, There’s Michelin Guide (no star) and Michelin Star (1-3 stars). I think most restaurants you see in Bangkok are only on Michelin Guide (much easier to be mentioned in the guide than to have actually received at least 1 star). There’s a world of difference in food quality/presentation/prices between the two. Hope this helps. 😉
my rent here in colorado is 2300 alone, cant wait to make the jump over to bangkok!
Paying $3300 Rent in Denver. Used to pay $1300 for 15 year mortgage in oklahoma city
You can live a very good life in Bangkok with $2300.
Hoo many bed rooms
but probably you have the bigger and better apartment, better infrastructure, better climate, less pollution and the law is on your side.Also the good and spacious apartments in BKK cost 2k+ too. Don't be blinded and choose wisely. BKK is good for a few days, then move on.
The rent for condo in Bangkok alone is $2,000 USD. This guy in the video is a broke D.
Another awesome video, Paul! Seems you've created a great life for yourself. Congrats and best wishes to you! 🙂
This is the info that i need, keep it up with this type of videos... I am planning with my wife to move in there for a couple of months in November and we are taking notes... We are from Atlanta, GA...
Nice thanks for the take along. I love that gym & the fact they give you a towel & workout clothes. Great idea!
I think so too!
BABY POPO haha gotta luv it..Great video man-thank you..God Bless ya and keep these coming😊
you're an awesome youtuber/videographer brother , keep up the good work!
Thank you so much bro!
Very solid video good info
Much appreciated
Nice suit. Good price too.
Will definitely remember your recommendation when I visit.
INFORMATIVEEEEEEEE
Great video. Thank You!
Very engaging video 😊
Glad you enjoyed it
Thanks Paul. I’ll be moving out to BKK in a few months with my pup and this video is very helpful. 🙏 considering staying in Thong Lor or Phrom Pong :)
Great vid bro I’m taking notes and counting the days
Thank you bro! See you out here eventually
Excellent video. Super informative. My rent alone here in NYC is almost twice as much. Looking foward to moving to Thailand in the near future.
gotta keep in mind if your don’t work remote you will make 4-5 times less
Excellent video, Thank you so very. much. 👌🙏
Peninsula Tailors Bangkok has the best service compared to any tailors in bangkok. 10/10 for their service!
Thank you so much for sharing this great explanation of the cost of living in Thailand
It's inaccurate.
I agree 100%. The goal for me living in Thailand soon will not be to penny pinch, although I know that's one reason many expats come. I am fortunate to have a very high budget and plan on leveraging that to enjoy Thailand and Southeast Asia in general as much as I can
Why would you choose Thailand if your budget is high? There's so many better places with better people.....
@@rhh171where would you recommend?
@@vernon121 My friend, in Asia there's so many better places without the ruthless greed and obsession with money. Japan, Hong Kong, Singapore, Malaysia, Laos, Indonesia, Vietnam, Taiwan, The Philippines etc. The deep rooted reason(greed)Thailand is is the brothel of the world, is a huge Red Flag in terms of where you stand. The Wolf of Wallstreet has nothing on Families who encourage this! I lived there, speak Thai and Isaan, trust me it's another level.....Great infestructure and Food isn't enough to make you respected for who you are and not what's in your pocket....
the ole adage that if you had 1k to 1.5 k move to s.e asia is actually wrong, now you have a better life in the west on that, with amazon prime , basic foods, small apartment and access to local wellfare or medical should you need it plus family etc there's no real benefit of asia, once you have over 2000 to 2500 you can start having a decent life, a decent life in the usa will cost you double that but to just get by and have a decent life of ease the west is cheaper.
the perks of asia are cheap rent, after that everything cost more and the old world charm of the whole world is dead, thai's dont smile the same, no where does.
@@rhh171 Hong Kong.... Really? Hong Kong? Now that they belong to the CCP, you think it's really great there?
Greetings Paul Lee, great content on the cost-of-living in Thailand, great job! It’s interesting that you chose Thailand to settle down over your native homeland of South Korea, however watching your videos in relationship to the cost-of-living, the prices there are certainly cheaper than in South Korea. I am thinking you made a very wise decision by choosing Thailand as your place of residence. Keep up the great work and thank you for sharing.
Thank you! Cost of living was one of the main decisions
Great vid Paul. Seems very realistic to me. The rent helps to keep the overall budget in check. One of my motivations for moving from NorCal to Bangkok is cost of living. As a single person I can live in a minimal space and having access to all those cool amenities. Retired life should be much more enjoyable once I get out from under the costs here. Thanks for always keeping it real Paul. Kop khun kup.😊
Just an excellent video.
Great video thank you!
Good video bro 💯
Thanks bro 💯
Total expenses can be high depending on your lifestyle, but it is worth what you pay. Once you are familiar with the costs of living, you will not think it’s cheap. Your perception and benchmark are changing to match SE Asia, not the western countries. This is similar to the lifestyle of upper middle income locals .
...@ 24:30 "its very easy to get lost in the sauce" ...is an understatement. This one factor can make or break ones longterm stay in thailand. Its very easy to get caught up in the outward scene and loose oneself because theres nothing familiar and no anchor to ground oneself, and people can get spun out very quick very easily both physically, mentally, emotionally, and socially and spiritually.
In Thailand you can be at any level, live in luxury or normal, or alternating certain days. 😊
You made a great point about luxury housing. Not worth it, not anywhere.
@13:30 That's a tasty looking meal right there. For $6 USD!! Here near the Windy City, $6.00 gets you a fancy lemonade with no refill.
Crazy!
white rice, meat with bones in it, msg sauce= 6 bucks.
fast food in thailand is sky high.
a reg meal of some fries and a burger at resturant is still gonna be over ten bucks. the days of eating well in asia for ten dollars a day are long gone, remember thats 900 a month usd to eat out 3 times a day in thailand atleast, sitting on plastic chairs by noisy roads eating rice msg meat for 5 bucks isnt special
Great suit!
Paul great video...I think anyone can have a great life in Thailand for 2k a month. I lived in Bangkok for 1.3k a month and had a great time. I moved to Phuket for 1k a month. I don't drink or party so I think that why I saved so much. I went to study kick boxing for a year. Best time of my life. I'm back home in the states but I will retire in Phuket. I think it's all about what you can afford. Live your life and have a great time.
Thanks Paul for sharing 👍
Thanks for watching!
Brother, the suit looks Awesome! 😉
Thanks bro!
awesome videos bro. I'm from the UK, would love to move to Thailand
Thanks for sharing. Yes Thailand is not cheap as people may think. But you still get more bang for your buck. Honestly
Wow, nice condo, cute dog and wonderful suit! I would say from one american to another, nice bro!
As their regular customer I can confirm that Peninsula Tailors Bangkok is the best one in Thailand!
I'm in the same boat, in the process now of prepping for my South East Asia travels .. Enjoy ur travels my friend😊
That is awesome. Iam looking forward to retire in Thailand next year.
I like this video compared to other ones. I'm also Korean Amenrican from NYC just a little older than you. Thank you for breaking down all your expenses. It was a good comparison for me. I need to stop spending too much... God... but compared to NYC, Bangkok is still wayyyyyyyyyyy cheaper.
Hey Paul, sweet video thanks. Your suit was fire! I’ve never had a bespoke suit. What do you think that suit would run in the US? Thanks.
Hi Paul - Thanks again. You mentioned your fitness/ coworking space was on the higher end, but actually seems very reasonable. Would you be willing to work on a video which talks about many details + the ins and outs of Bangkok’s best shared workspaces for both residents and visitors ? It would be awesome to know about the coworking spaces' pricing options, accessible BTS/MRT locations, and your take on the whole concept of “Finding the best coworking spaces in Bangkok”
Those Michelin signs are just to reflect they are listed in the Michelin guide. Not to be confused with Michelin Star restaurants, which is for high-end food
Gotcha!
Penninsula is in my top 3 of bespoke places I'm dropping some cash next January. Excellent suit. Great colour and nice fit for you.
Thank you!
Your Thai language is getting better, I am Thai living in Sanfran CA
Wow , getting a couple of Bespoke suits in Bangkok will pay for s round trip ticket from nyc to Bangkok. Thanx for the video, didn’t realize the level of shopping in Bangkok,
Damn that gym in insane, i could stay all day there 😂. Morning work out then lunch then work with my laptop from there 😅
That's what I do haha, sometimes spend 6 hours in that building. drink some coffee, get some work done, socialize, work out, shower up, then eat, then go back to work.
Great minds think alike . I will see you there soon 😂
Paul, very interesting and well done vlog; my question is do you pay motorcycles ride cash or through an app?
Via grab, i pay by credit card.
Thank you, Paul 🎉
What you spend on food in a month is what we spend on groceries a fortnight in Australia and we have to cook it! That’s just groceries and doesn’t include eating out at approx. AUD $60 for breakfast/lunch in a cafe for 2 people or dinner out starting at AUD $120 not including wine/drinks! That’s not a premium restaurant either.
When we eventually live in Thailand we will never take the cost of living there for granted.
Glad you enjoyed it! Prices everywhere are getting way too expenssive.
Very good video! I am wondering about Popo... how is it taking care of a dog in Thailand? Is it hard for them to adapt to the weather? Any insight is highly appreciated.
THE ARCHITECTURE IS AMAZING. AND I'M FROM NYC.
Nice video. Anyway what do you do for a living?
Paul, thank you for sharing. I paid $2750.00 per month living in Long Island City, Queens NY for a one bedroom.
Your place is very nice!
Do you mind sharing the name of the condo you showed in the beginning of the vid? I’m moving to Thailand in a few months and am racking up a list of condos to check out before settling. Thanks in advance~
i have pulled off trips to thailand for under 2000 usd and that is including plane ticket just be a bit patient when picking stuff. yes it is more optimal to go with something like 4k+
Budgets are always pretty personal. I lived in Phrom Phong and was spending about $3500-4000 a month. Most of the cost was the condo which was a 2br2ba. If I was to go back I would probably go a bit further out of town to Ekamai as I think that would cut the budget down to well under $3000. The bits of the budget that are killer are travel / entertainment and insurance. If you want good insurance it costs a lot. If you want to travel and stay in nice hotels it costs a lot. The actual day to day living costs are not that expensive, even if you eat out a lot etc you can easily live on sub $1500 a month. Its the going out and what not that builds up and if you want to live in some nice building, like I did.
That’s a big apt and nice furnishings
yeah those are just mentioned in the Michelin guide or some are Michelin bib gourmand (pretty good but for low cost restaurants). the ones you are talking about in the US that are pretty expensive are the ones with actual Michelin stars like 2 or 3 stars...1 star too.
What cut down a lot of expenses for me basically came down to a few things:
(1) Eating local, and seldom going to the walk-in restaurants in malls. As for non-Thai food pretty much all I had was the occasional Japanese, Chinese or Korean BBQ. Otherwise meals usually cost no more than 150 baht for me.
(2) Basically having no nightlife as part of my lifestyle, not much of a party or drinking person which basically comes from how I ain’t got much of a social life to begin with lol.
(3) Outright walking to places. I wouldn’t recommend if you’re not used to walking around on a daily basis.
(4) I never lived in the areas where there’s more foreigners. My first place was up north in Saphan Khwai (near Chatuchak) and my second place was in Silom but with a bit of distance from the main CBD.
Good life for a good salary. Thailand is best, watching from Bangkok too. Thank you for loving Thailand
Hi Paul, just checked your website, serious inquirer, moving within 2 months, was going to just do a tourism visa and do border runs to stay longer but I think I'll try get an education visa instead, just want to make sure that you actually help us get an education visa and also will sign me up to those online classes? Not sure what the process of it all is or even how to sign up to those classes, would be awesome if your services help with that and any general advice or questions I have relating to it all.
Thats a phenomenal gym, live in ny and that gym in nyc would be more than $300 us dollars. Probably more.. definitely considering living abroad. Same lifestyle but half the cost..
Thumbs up 👍 Paul Lee
Built a house and bought a large plot of land 8 years ago in a community in Northern Thailand.
Cost about 1.5 million baht in total.
Paid in cash and now my housing costs are a maximum of 1000 baht a month, everything included.
In my opinion very cheap.
It can be expensive to live anywhere in the world, but not as cheap as in Thailand.
Thailand is still very affordable and a great value, but a lot depends on your lifestyle. If you like to go out and party, take the party girls home, eat non-thai food, live in the business district or upscale soi then costs go up significantly. Note, I've been living off and on in Thailand since 1991...I own two properties (BKK condo and a beach house), a car, a motorbike and a pug too.
Thank you. It’s a realistic budget, of course there are cheaper and more expensive options, but this is realistic for the average Western sensibilities.
I agree! For bangkok, anywhere around $1.5 - $2k is very reasonable and comfortable. For the other regions or more rural areas, you could spend a lot less too
i’ve heard about this tailor… i should visit soon
You got a great deal on that condo. I’ve spent some time in the Thong Lo and Ekkamai area and none of the places looked as good as that. Especially at that price.
Love this suit Wow
this place is definitely one of the best tailors in bangkok
Nice Condo. I make way more than what you spend every month just off my dividends. Maybe I should retire earlier than what I planned lol
how did you manage to stay in Thailand long term. What visa did you get?
Stayed in BKK for 3 weeks, 5* hotel during covid. Cannot imagine to live there, even if you have luxury. Think twice before moving there and go in a good hotel first for a month or 2, before you make any decisions like buying a condo. The traffic, noise, heat and pollution is just horrible. As far as pricing goes, depends on lifestyle of course but if you want to have a decent lifestyle compared to europe, the money you have to spend there is equal and probably even higher then in major european cities and prices for alcohol is insane. I paid 15USD for a pint of draught beer in BKK(its same in Phuket and other places where you get draught beer), if you don't want to drink the headache beer. Outrageous! Also keep in mind that in a worst case scenario the law is against you!
Thailand is good for a holiday, but definitely not for staying longterm.
Great video, love to see the lifestyle you can live in Thailand
Glad you enjoyed it!
@13:29 I spend that at the supermarket for a home cooked meal (and I have energy cost preparing) and you are eating beef in a restaurant. Cost is pretty good there.
this is very good. actually you spend not that much. below 2K is amazing. very good life quality at that price
Can you do video about neighborhoods in Bangkok?
I’m planning to move in October to Thailand and wonder where is the best place to rent
Exactly the same with me..move there in 3 months and thinking about renting not too central to avoid expensive rents
@@LirumLarum968if you want a cheaper rental area than the likes of Asok/Thong Lor - but which is still pretty central, located on the main BTS line, and which is well served with the likes of Tesco Lotus supermarket and on-street food options then give condo searches in On Nut a look.
I don't need a fancy infinity pool but I do need a pool. Good video.
which condo complex is it you are staying in?
That cheap for suit. I need to buy 4 of those Italian suits!!
Gym is pretty sweet, I never see chinning bars in condo gyms and that would drive me nuts.
I think that the lifestyle you are living in Thailand is much more affordable than anywhere in the US. Cheap is relative to where you are living, regardless as you adapt to the economy of the area, if you don’t that’s when you get in trouble. Many westerners do not adapt and end up in worse financial problems than when they were living at a place that costs a lot more to survive.
Michelin Food (no star):
“A restaurant in the selection without a star or Bib Gourmand is the sign of a chef using quality ingredients that are well cooked; simply a good meal,” says Michael Ellis, International Director of the MICHELIN Guides.
Michelin Star:
"A Michelin Star is awarded to restaurants offering outstanding cooking. We take into account five universal criteria: the quality of the ingredients, the harmony of flavours, the mastery of techniques, the personality of the chef as expressed through their cuisine and, just as importantly, consistency both across the entire menu and over time."
Paul, my only question... why would you get a wool suit in Thailand?
Do you have any tips for someone going to Thailand with a medium size dog?
Average rent in Amsterdam is 2200 and that’s just rent alone, so 1700-1800 for a whole lifestyle is definitely worth it
Drink while getting a suit? Looks great!
Michelin recommended is not really a big deal, not exclusive to the wealthy even in the USA, just means it's good but not ready to receive a star. Michelin stars (1-3) is where there's a huge drop in number of restaurants qualified and they're all very legit.
How do you make a living to support your lifestyle?
Nice gym and not so crowded. It's worth the price.
8000B as a starting price is quite good considering their prime location & service.
ค่าครองชีพไม่เเพงค่ะ อยู่ในเเหล่งความเจริญ มีความสะดวกสบาย 😊 สามารถทำกิจกรรมได้ตลอดเวลา ที่สำคัญคือสร้างความสุขให้คุณ😊
Let's be honest.
If you go to another country, it should definitely have a lifestyle upgrade.
What use do I have (besides the weather) to move to Thailand and not being able to afford a decent lifestyle?
Just be there and consume air? Makes no sense to me.
And let's be honest.
For the same lifestyle in Central Europe (if you are even able to get it because of the lack of service) you would spend at least 10k if not more.
So for 2k you have a great lifestyle and do whatever you want. Sounds like a very good deal to me.
Everything gets interesting, as soon as kids are involved.
I did a rough calculation and it came to 5k a month :) (private schools, big condo and so on)
How much was the suit total in baht.?
When you go in bars to girls, when you rent expansive condos., go most outside western food to dinner then is Thailand expansive, that's for sure!
The Uber would cost $30-$50 depending on which state and time/type of day
Can you do a video on Thailand visas for foreigners?
I did one a while back, most of it still applies!
Bro.. that’s cheap!!!
I plan on budgeting around $250-300k baht per month
I think that will give my family a decent life (keep in mind there are three of us and international school will be about $800k a year)
You’ve got a very nice life with a very good budget!
Size doesn’t bother me I lived a van with a tiny sleeper for 3 1/2 years lol