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- เผยแพร่เมื่อ 26 ก.ค. 2024
- Spending money in Thailand the RIGHT way :
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If you are watching this video right now, you are probably laughing and thinking that it is not possible. We’ve heard stories of people doing it. And we decided to find out for sure. For the purposes of this video, we will keep the locations of everything to in or around central Bangkok. Obviously, in other provinces you can get things a lot cheaper.
Summary
* Rent: $150
* Food: $200
* Utilities: (Phone/Internet/Electricity/Water) $53
* Groceries: $25
Not included:
* Transportation
* Entertainment
Whether you are a tourist exploring Thailand or a long-term visa holder, our goal is to assist you in finding the ideal accommodation in Thailand, be it for a short stay, a few months, or even a permanent residence.
It's time to get a perfect plan for Thailand, become a Thai Kru client:
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#livinginthailand #thailand #budget2024 - แนวปฏิบัติและการใช้ชีวิต
Do not forget to get good health insurance and accident insurance. I know from personal experience that it is very important in Thailand.
Thanks Guy, takecare kup.🙏
That seems like a very reasonable budget to me. My personal monthly budget is THB 7000 for a 2 bedroom townhouse, THB 900 for electric, THB 100 for water, THB 1200 for gigabit internet, THB 300 per day for food on average, and on average THB 500 for phone. And that's for 2 people. Now I bring in extra money for shopping as needed or travel, but as far as maintaining a normal budget, $600 a month for one person seems luxurious to me. Especially someplace that has as much mass transit as Bangkok.
Great. Thanks for the comment. More people need to see experiences like yours.
@@LaAerial I don't live in Bangkok, I live in Cha am. Having said that, I have a friend who lives in Minburi who rents a townhouse with basically the same floor plan for 8,000 a month and another friend who lives in Thonburi for 6,500 a month rent. And a whole bunch of farang friends who live in much nicer places in more stylish locations and pay a much higher price. "up to you" -- how much is that condo building's pool and fitness center worth?
Jayna is 100% correct that you can live fairly easily on what we Westerners would perceive as a extremely limited budget -- the only place you could live in Washington DC for $1,000 a month is in a homeless shelter (maybe). But Thailand, even Bangkok, is not Washington DC. There are millions of Thai people who have a good quality of life for even less than $600 a month. And while that's obviously not being HiSo, it doesn't mean living in a hand-to-mouth subsistence existence either.
@@markomalley I agree, I used to have a very nice life on 20k Bht a month, including running a scooter etc. If you want to "buy company" and spend all day in bars then you will need substantially more, but I like the simple beach life, so 20k is comfortable for me.
Thank you for all of your support guys!🙏🏻
Great vid!! Thanks for the info.
Great info. Love your presentation . Keep up the good work. ❤️
Very good information and very well presented, thanks!
Smashed The Like Button. Outstanding Breakdown ( Easy To Understand ) Outstanding Job & Outstanding Video
i love your covered topics !
Sharp and Clear videos Ka !!👍
Very informative. Thank you!
Hi Jayna very nice informative video.
Keep up the good work, You are trying hard and that's nice to see.
Besides you are much prettier than Chalida ;)
Thanks for this really detailed breakdown of the costs.
Glad it was helpful!
Great , comprehensive video 🙂
Thanks for the tip for massage, I never considered it for my budget until now
👍🏾Great information and the best detail I’ve heard on this topic. You also showed some great looking housing for the price. Good to know if I become stupid and loose all my money here. Groceries condoms 🤔🙄🤣✌🏾
Excellent Video... Thank You!!!
awesome info!
This is a very useful video thankyou
Thank you for the tips. Really need it. ขอบคุณและขอให้เป็นวันที่ดี
Good information.
Thanks
This is the first budget video I have seen that includes condoms as a basic budget item, lol 😆😆😂
wow, very informative and convincing! booking my ticket.
Great vid, very informative, Thanks.
Glad you enjoyed it!
She is really well spoken 😁 amazing video
Wow, cool video, very interesting! 😁👍
Most important thing. Buy nothing imported. If you go to TescoLotus buy rice, oyster sauce, soy sauce, chicken, pork, peanuts, fish cake...Do not even think about baked beans, corn flakes, milk, cheese...!
This!
Very professional girl great video
I am at 300$ a month and have scooters, car, room with internet,... I live 10x better in Thailand with 10x less money. Money saved is reinvested.
And that's the exact point. A lot of guys are worrying about living cheaply. But we see it just like you -- invest/save the money and have fun with it via life changing experiences.
😮 $300 am At $2500
Ok if you wanna live like a hermit even thai people eat more than 2 times per day they always have something in the mouths
Thank you for that! Knowing what the average salaries are for Thai workers I was always amazed at their ability to survive, but that makes the baseline a little clearer. Coming from NYC where a parking space can cost $600 a month, it is hard to comprehend!
I totally agree! Sometimes people forget that $600 is kind of normal for many Thai people. So when they say they can't live on that, we just shake our heads.
Great video
Good to know know. I can still live cheaply in Thailand. Just need a place to park my luggage. I would like to travel around Thailand.
Back in 2012, due to my employer running off with my money, I survived on $250 a month until my first paycheck at a new school (3 months later). My apartment, which overlooked the Grand Palace and Chao Phraya, cost $100 per month, and that left plenty to ward off starvation and thirst! I don't know if that's do-able these days, plus I'd have to factor in health insurance now I'm older.
cute :) and great english! good overview, thx!
Glad you liked it!
I like your thinking. Thats incrediblely cheap living. But living a nice life.When do i move in? 😊
It looks so nice
I live in Chiang Mai since 2006. Family of 4 (family of 3 in 2006 when we moved from OS).
At first we had budget of 85,000 Baht per month....very nice...we were living big :)
but then 2008 financial crisis and blah blah blah
Fast forward to now.
We live on around 40,000 baht.
No rent as we built a home.
Food and groceries 18,000
School fees and lunch money 8000
Fuel, maintenance, insurance, tax for one car and 3 scooters 4000
Power & water 2500
Internet (house), Tel (land line), mobile phones internet x 4 including calls 1500-2000
Grandparents 3000
That leaves about 3000 baht for everything else, not much but we get by........hopefully will increase budget by about 10K over next couple of years.....will feel so wealthy then LOL
Depends if you don’t have to pay the farang tax. 😉
This was a great video. Can you do a video on health insurance costs for expats from the ages of 30-80? Including health insurance costs for expats would give a more clearer view of monthly expenses.
It's in the queue!
There are some guys in Pattaya with $600 / month. The idea of "living" and not " living it up" would require something closer to 40,000 at a minimum. Health insurance for a typical 60 year old would be 5,000 / month. Medicine which is not covered by health insurance can easily be another 2,000 and up. Electricity when running a/c a lot, internet, phone will all lead to the $600 / month being very difficult to accomplish. Only 2 long rides on the skytrain each day can be 50 baht each way. I believe it would be beneficial to create a second video showing average / normal costs for foreigners living in Thailand, and showing the differences between different regions of Bangkok and the country as a whole. Thanks for all of your videos and information.
We do have that video:
th-cam.com/video/8M_aR7WAMuU/w-d-xo.html
@@thaikru Great. Thank you.
Derek, one thing in regards to insurance. There are ways for 50+ people to retire in Thailand without getting stuck having to buy the overpriced farang insurance policies pushed by TGIA. I’m almost 60 and have perfectly fine health coverage through my bank, along with 5,000,000 THB life insurance. It won’t pay for a stay in Bangkok Hospital or Bumrumgrad, but it’ll do just fine in a government hospital. My cost was a little more than THB 11,000 per year. Just putting that out there because it’s not really all that widely advertised.
@@markomalley You have a great rate. I am 57 and pay 26,000 / year for 2,000,000 coverage, and it is low because I have been with the company for ten years. I have many friends who upon arriving, are well over 60, and thought everything in Thailand was inexpensive. They forgo the insurance and instead pay as they go.
@@dksharron Compared to “Obamacare” even the overpriced farang insurance is cheap. While I love the idea of self-insuring, healthcare costs can still add up, even in Thailand. Very easy for somebody with cancer (which, sadly, does happen over here) to rack up a 1,000,000+ baht hospital bill pretty quickly. Just had a funeral for an acquaintance who passed away from cancer a few days ago.
Yep, its absolutely possible. Get a $200 a month apartment. spend $100 a month on food. $100 on transport, $100 on other expenses. Save $100
A few pizzas and Big Mac plus a couple of beers might blow $100 budget on food per month
Thank you! What are the names of the non-tourist, inexpensive neighborhoods please?
Jayna- Did you get training in broadcast? You look very natural in the video
Great Information but difficulty hearing over music 🤷 I'm buying or building in Thailand soon any tips greatfully appreciated. Yes I do have a Thai Wife so no problem land will be in her name.
such a cute and educated presenter
It can be done but it’s not what I call living. I know guys who live on that or less but have had to borrow money when health emergencies pop up. Also they can’t travel, go out to pubs, eat western restaurants or join the daily coffee group. If you’re an expat and living on that tight of a budget you are cutting it close. Surprise expenses can crush your budget especially medical expenses.
Jeff, I think you're right in that somebody coming over without the ability to bring in less than US$1,500 a month is setting himself up for a fall.
But if you bring in that $1,500 a month and budget your monthly expenses based on $600-$700 then you'll have the extra several hundred dollars a month that can be saved and used for non-recurring expenses: health coverage, travel, and so on.
The trap I see a lot of westerners (particularly retirees) fall into is that they'll bring in that money and then SPEND that amount every month. Rent the 25,000 baht place, run the aircon continuously, eat Western for every meal, and so on. And then they have problems when a contingency comes up.
Actually putting a roof over your head and eating it's not difficult. I've done it. I only spent £324 in six weeks. But that's doing nothing but bimbling about and going to the gym. How do you live on 18,000? Go somewhere cheap and pay 3,000-3,500 on all housing costs ( by not running the AC, and either going to the very outskirts of Bangkok, or go to somewhere like Udon Thani). Then spend 150 baht on food (by eating a huge amount of starch in the evening) so that's 4,500. Now you've 10,000 left for everything else. No problem. Buy a rice cooker and you've 825 kcals for 5 baht. Pour 25 baht of curry on it, and that's 30 baht for a huge meal. But you'll go mad!! You can't do nothing all day.
My furnished efficiency apartment with parking, Air Conditioner, bathroom , internet and basic cable tv was 2700 baht per month. There was a coin op laundry on site. water and electric ran 300bt, so all in for 3000 baht. new building in Samut Prakan. No problem! Bus to Samrong BTS was 20 baht.
Wow. And people still insist it can't be done.
What's the name of your apartment?
You can live on $600 per month in Denmark. (as in "live", not a great life)
Where in Denmark? Lolland? Certainly not Copenhagen.
my budget also is cigarettes and beer,cheers
short and sweet
no air con in Thailand??? wow, difficult! haha
Keep it up and we like your video and you tell us about how much it cost thanks you for tell us about it sweetie with your cute self sweetie
Sawadee 🙏
$150 a month rent? I am out of USA and into Thailand!!
@@CaznaNaakap , This scenarios can be seen not just in Thailand but almost all countries in East Asia
Well Done Sawadee Kup L.A Rob
My planned budget is $1500 USD / month - definitely need help in lower cost condo in Ramkhamheang, Huay Kwang, On-Nut. Oher thoughts would be in Pattaya or Rayong. Couple of things were left out for foreigners are insurance, visa and BTS/MRT/ Motorbike, Taxi cost. I can eat at Asoke T21 for cheap.
If you could buy a condo firstly, you could live on $450 a month.
Who says you only need two meals per day?
People cannot. Time you pay an agency every year for your Visa of 25,000. Which will work out about 500 A week as well people you cannot do it
survive? yes. But no health insurance if of any age. No travel or accident or bike insurance. Barely an Air conditioned non-roach hotel. Nothing that most western tourists would handle for a long stay. No western food. No girl friend. No going out to festivals or tourist things. I spend about 600 a month here in the USA on my essentials, not including rent. I own my car, no payments. No debts, no loans. Cell phone plans, AAA car insurance for tows and things (the 100 mile plan), Eat out a few times a week either at the work cafeteria or a drive thru on the way home or something during the weekends. Even my soon to get Medicare is going to cost $200 USD a month with D supplement on top of the B. 600 USD goes pretty quickly but can be OK. Rent or mortgage or utilities is on top of all the basics.
Can one hang in Thailand for 600/month? Sure. But you won't be doing much. No saving for retirement, no investing for income, etc.
Best wishes
For sure you are right. This video was just for essentials though. It was our assumption that someone doing this would have emergency funds.
Very Pretty :)
If you are in a very young age and healthy maybe it's even an enjoyable challenge and adventure. It's kinda like living under an ERASMUS student exchange program in Europe, for one or two semesters, I did it in Paris and Florence, great time lot of fun. But as a seasoned and accomplished man, a really retiree or a prospective "lifestyle expat" like me in his early thirties you need fare more money than that.
As a German, I have learned to love and appreciate our health care system and legal system, which I would not want to miss.
Furthermore, there are six things, in my opinion, that speak against an emigration to Thailand.
1. you cannot own building land. Only condos, but will you be able toget rid of them ? Can the relatives in Europe inherit your property in the case one comes under the wheels of a lorry or your angry Thai girlfriend scolds you over the balcony? Lots of expats fall down from balconies in Thailand, it's a mistery why.
Anyway other countries have balconies too, think at Mallorca/Ibiza islands , Europes party Islands, but balcony accidents are rar there ;)
2. the visa problem, as a German I can move to Italy or Spain live and work there and no one asks for a visa. If I drown in the Mediterranean after eating a big Paella and a liter of Sagria, my relatives in Germany would inherit my house/apartment without any problems.
3. Double standards in the prices! You have to pay more just because you are a foreigner.
No one just because he is a foreigner, pays a surcharge in Germany, GB or Spain, the same prices apply to all without exceptions.
5. The language. It has nothing to do with Germanic or Latin languages , you will have a hard time learning it. Otherwise you are de facto illiterate, that's a horrible feeling,
Specially if you're a cultivated sensitive person.
6. the culture is different, can you really assimilate? Or at least integrate into society? As is well known, these processes involve 2 parts! The emigrant and the host people. If you don't succeed, you quickly end up isolated and depressed.
Trapped in an expat subcultural bubble.
Many expats in Thailand are depressed and drink too much and when their girlfriend leaves them, not many end up suicidal or alcoholic.
My verdict :
If you are quite young before or after university graduation and you need time off. Raid your piggy bank, shell out 20/30 thousand US Dollar and go to Thailand or South America for a year.
If you are a retiree with a good pension, at least 2000 Dollar and reserves, you can try to live your later years in Thailand. But don't forget! Keep most of your money in Europe/US/Australia etc... hidden from your girlfriend/Wife!
Invest only what you can lose without pain. If it doesn't work out, run away! As fast as you can.
Are you 30/40 old and made enough money and want to reinvent yourself, find yourself, realize yourself .
You need western culture, intellectual stimuli, books, good wine, Mediterranean cuisine, theater visits, opera, museums, Legal security, good medical care, reliable general legally binding prices
and a reliable democratic legal system, within your possible investments are secure.
But at the same time you need good weather and breathtaking landscapes and beaches.
Then maybe Spain is something for you, especially the south.
And always remember, the best way to make a small fortune in Thailand is to bring one with you.
But I would advise against that, leave it better in a safe place at home.
I think the biggest problem for most westerners -- Thailand can be very "alien". Some people can't handle it. And that's ok.
News Flash!!! Nobody gives a shit about some Germans opinion of Thailand
Do you guys help people find apartments when they arrive in Thailand? If so how do we get in touch with you?
Yes for sure. We have helped many people. What are your requirements? Tell us at baansmile.com/homes
I live in Kanchanaburi with 500 euros/mo
Kanchanaburi is very nice place, and incredibly affordable!
What’s the best data plan for phones? Which company unlimited fast data for a low price?
We'll do a video on this soon about internet and phone plans. But the quick answer is that they are pretty much all the same because the price competition is so fierce. FOr internet - I'd say 3bb. For phone you can try DTAC.
I'd love to move to Thailand but I'm 30 years old and don't want to live there for only 9 months before my tourist visa runs out. Is there a way for me to move there for 5+ years that isn't going to cost me a lot of money? I've heard there were certain visas I could get but with all of the extra costs associated it's getting close to what I would pay monthly in the US.
Yes - email us for some options: hello@baansmile.com
Most people dont take medical expenses into account.
Realistically, this is not a budget for a retiree. It's a young man's game. One is not even allowed to retire in the Kingdom without having at least 65,000 THB available every month.
I live in Pattaya on my £590 pension a month no problem. Just stay away from the you know what.
WHAT
Very soothing voice, have you considered making 'ASMR' videos?
how about health insurance and accident insurance, income tax?
This video was more about stuff to live on. That's why we did not include things like insurance of visas. We assume that if someone is coming to Thailand that they have that taken care of already.
Baan Smile ... No it is are costs that return every year, and probably will go up minimum with inflation. When making a cost-benefit balance one must always try to make realistic prognosis with the available budget. This 600 $ budget is acceptable for a few years, then you will also have to make an inflation correction and/or, more important I think, find a way to upgrade your budget. But OK all in all a Good Estimation for a medium-short period of 2 to 3 years.
今天的妆有进步 哦
娶你做老婆有福啦 真会过日子
How a bout the visa money .pan mak mak
We gonna making a video about the health insurance soon. This video it was only the regular cost of living.
🙏🏽🌟🌟🌟🌟
I’m budgeting $1500 above living expenses for fun. Why move to Thailand unless it’s fun?
That's a budget. What we show you is the base - the low end.
If you like being ripped off thailand is the place to live
jejejej massage from you will be good, I think 600 us dollars its ok but 750 or 800 its better but anything its better than my shitty country..... living in a room in thailand could be better also but i think its hard to find rooms.Maybe it could be a option in the future but i think its better to live alone and yeah thai friends its a great idea.
not in Bangkok, other place may be ok
Can you use a scooter or bicycle in thailand? Can you take on the subway
Bicycle yes. Scooter no.
@@thaikru small scooter not big scooters
With apartment (not condo), is contract 1yr typical? or possible for 6 months or 1 month?
Generally for one year. But apartments (not condos) are more flexible in duration since they are smaller and more informal.
What about covid restrictions.Do you have to use masks and get a vaccine
You have to have a mask. But you do not have to get the vaccine in Thailand at the moment. However many people are registering to get the vaccine.
@@thaikru Where do you have to wear a mask?
Everywhere outside of your home. No one complains about it, people always just wore their masks here.
@@thaikru Thanks for your reply but I think the mask is just a symbol of subjection and is used by the government to promote fear
Think what you want. But in Thailand people wear their mask without that kind of western attitude. It's a different culture and if you spend some decent time in Thailand you will definitely get it. In any case, normally we delete comments like that one -- but I'm leaving it up for others to see. Generally people that come here have a lot of different beliefs and we just want to focus on helping people come to Thailand -- not discuss the merits of vaccines or masks. Respect!
Trust me guys- You will not eat 3 Thai meals a day. I still eat McDonald's and KFC here in Thailand. Call me a loser but try eating local food 365 days.
To each their own.
I'm not a man. I am a woman. LOL!!!
Budget for condoms!? haha
How about people that do not have sex or have had a vasectomy?
-Nils
If you have the vasectomy still use one - there are diseases you don’t want to receive or transmit. Let’s keep it real, ok?
@@thaikru yes, let's keep it real. The feeling is the best when things are real... hehe
I like your attitude and outspoken direct manner.
-Nils
cute girl
Can you get a Thai girlfriend on that budget living?
Impossible don’t be stupid
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