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The question of how much do you need to live in Thailand needs to be addressed with caution, I mean how much do you need to live anywhere, are we talking living on the bread line or being able to properly enjoy all that Thailand can offer?

I have never understand the proposition of living in Thailand with next to no money, but fellow expats in this position tell me the given the choice of being in the UK or Thailand with no money, Thailand will always get the nod. I get that, but it comes with risks as you are far less protected as an alien in another country.

My big recommendation is to get health insurance – medical expenses can be very expensive in Thailand. If you are a retiree at some point you will need to use a hospital, it just goes with the territory. I have been living in the Kingdom a long time now and I always hear horror stories. Take the driving here for example, it is horrendous – I think it was even recently name the worst in the world. If you really do need to drive a motorbike always wear a helmet and be prepared at all times, the road are like a crazy console games with motorbikes driving the wrong way, cars jumping traffic lights, traffic under-passing in lanes is just common practice. Ideally you want a car, but if you are on a budget just be very careful if you have to use a motorbike.

So I am kind of circumnavigating the main question here: How much do you need to live in Thailand? I feel like I have added my footnotes to this question, so now I will try and answer it for you.

I will assume you are a retiree with no additional funds coming in from working in Thailand.

Property Rental

Renting accommodation can still be very good value and given the uncertainty in property sales in areas like Pattaya and oversupply of condo units it means you can get a relative bargain. Other areas do not suffer quite as much, but this is just my opinion. If you really wanted to you could rent a small condo with no aircon, cold shower, no kitchen or furniture in a Thai block in East Pattaya for as little as 3,000 baht (US$95) per month, but I would not recommend this. Come on, there needs a line and this is no way for a Westerner to live.

If you have a very limited budget I suggest you have a cut off point of 7,000 baht (US$223) per month, it will be a simple unit on the outskirts and will likely have air con and even a small kitchen area. But shop around as, like I said, there are good bargains especially if you are willing to sign a long term contract. A mid range property you can get for around 20,000 baht (US$637) a month.

Electricty and Water Bills

If you rent in a small unit then you expense here is can be very low, more so if you don’t use an airconditioner – which I would not recommend. This bill can easily be as low as 500 baht a month.

But, I don’t recommend this style of living, you will be uncomfortable with the condo you live in and the room will be simple. I am going to suggest you need a budget at least of 10,000 baht a month for rent and 1,500 baht (US$47) a month for electricity and water, but – in my opinion – even this is not great living, but that is just my opinion as I like my creature comforts and luxury.

Food, Drink & Entertainment

I am not even going to tell you what I spend each week on food and drink for my family, but it is very high – more than I would spend living in the UK. I eat out most days and don’t eat from Thai food stalls, but I work here and have a succesful business.

Read more at https://danaboutthailand.com/2018/03/09/how-much-do-you-need-to-live-in-thailand/

This blog was written for inspire : Dan About Thailand