This post will explain how much it costs to live in Thailand
In the previous post, I gave some tips for finding a cheap house for rent in Thailand.
I want to relate this to my personal experience and how much it costs me to live in Thailand.
After searching for a week in Krabi, it was determined that there was very little in the way of affordable rentals. I had located a 2 bedroom house with an office for 21,000 Bhat – $700 USD. However, this was slightly more than a wanted to pay for a house far from the beach. Plus, I wanted a view of the water!
Most of the Bungalows in the area were furnished, but carried short term rental prices for more than I wanted to pay to live in Thailand. Living in Thailand should be cheap!
If you want to live in Thailand, and pay Thai prices, then you need to journey slightly off the beaten path.
I don’t want to commit the location I discovered to writing, because I feel it is a little gem of an undeveloped island.
After looking around for 3 days and probably touring about 25 bungalows, I finally found a place that I liked.
View of the water?
Walk to the beach
This place is actually less than 20 feet from the water. Pretty Amazing stuff. The water is clear and warm, the sand is nice. There are hammocks all around the property to relax in and its not that busy, which I prefer.
Wifi is hugely important for me. I need to be able to update my websites, and I need a solid connection. This was a big part of finding a bungalow.
Final Price for standalone house with deck, king sized bed and view of the ocean: 7000 Bhat per month – roughly $250 American Dollars.
What a price to pay to live in Thailand.
Additionally, I rented a motorbike for 3000 Bhat – about $100.
In essence, my transportation and housing were covered for less than $350 Dollars. Try that in more developed western countries…
The cost of food per day for me is still low, even though, I tend to eat quite a lot.
I buy my water in bulk and 8 bottles costs 40 Bhat – About $1.
I typically eat the following meals.
breakfast: Eggs, Coffee, Donuts
Cost: 120 bhat
Lunch: Chicken And fruit
Cost: 60 bhat
Dinner: Fruit Shake,Curry Dish
Something else – sushi, papaya salad, etc.
Cost: 140 Bah= 320 Baht- around $10 USD.
So for about $700 – $1000 Dollars per month you can live in Thailand in a bungalow facing the water – eat some great fresh food daily, and have a motorbike to explore the surrounding locale.
I live in Thailand, and earning most of my money through passive income, and for the most part reading, learning and hanging out at the beach or training Muay Thai. If you want to learn how I live like the wealthy one percent – even though I’m not rich – check out how I built my Financial Safety Net