How Affordable Is Thailand? Quick and Easy Numbers

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  • Опубликовано: 3 дек 2024

Комментарии • 105

  • @jasonlim4512
    @jasonlim4512 8 дней назад +9

    So true. We don't just want to Not Die, but to live a better life!

  • @storythong
    @storythong 7 дней назад +3

    I am Thai, living in Nonthaburi. My neighbor area have a vacant townhouse for rent. The entire house includes two bedrooms, one bathroom, one parking space, and one kitchen, all for 6,500 baht.
    If it's an area further from the main city or in the suburbs, rental prices for both condos and houses, as well as street food prices, are generally lower. Currently, there are many new housing estates and condominiums being developed along the MRT Purple and Pink Lines. Feel free to explore more cafe and cute little restaurants in Nonthaburi. ❤😂

  • @kulturalvibezteam7859
    @kulturalvibezteam7859 3 дня назад

    I totally agree with everything you said. I live in Rama 9 and my rent is $600 per month, last year It was $1200 but I move to a 1 bedroom and rent from a local Thai person. My monthly living expense in Thailand is about 2000 per month. Thailand is good. It is what it is. 😊

  • @DanielFernandez-jv7jx
    @DanielFernandez-jv7jx 8 дней назад +5

    Thanks again Ramze! As always, your advise and information are very helpful. Here is a thought for a helpful video, if you are so inclined. When looking at retiring affordably in another location such as Thailand or Panama, the cost of visiting first when you don't know what you're doing can be serious. The problem is largely the cost of hotels or AirBnBs when you don't know how to find good deals. I'm guessing you must have gone through this stage yourself. A video giving tips on how to find affordable accommodations during the pre-relocation visit, for that $2k to $3k budget, could be helpful to many including myself. Best wishes for you and your partner! Daniel

  • @FAMDxb
    @FAMDxb 8 дней назад +1

    Haha Love your videos buddy and I really appreciate the candor. People need to be slapped around a couple of times with doses of reality. Yes Thailand is cheap but it ain’t cheap cheap if you want to live a good life and you offered the figures with a high dose of humor. Loved it, especially the way you described the adult rides😂😂 keep it up

  • @martypoll
    @martypoll 7 дней назад +2

    My first thought on this issue is that housing costs are the biggest savings in Thailand. What you get from rental prices is amazing. But there is more to this. How amazing depends on where you come from and what you living standards are. I come from the San Francisco Bay Area. Of course Thailand rents are going to be way cheaper than SF. If you are coming from rural America though the difference might not be so much. Also, if you own your home in America then you housing expense is property taxes and insurance and maintenance. This total cost is what you use to compare to rental Thailand rentals and it may not be that much of a difference.
    Healthcare - The out-of-pocket costs for healthcare in Thailand is amazing low compared to the out-of-pocket costs in America. However, if you have decent insurance in America then you really have to compare your insurance deductible to the what you are paying in Thailand. I have had emergency room care in Thailand that is less than my American insurance deductible for the same care but what we are looking at is the difference between $100 in Thailand and $150 in the US. Medicare is not available outside of the US so healthcare in Thailand may be more expensive than healthcare in the US. My Thai insurance policy is about the same as similar coverage and cost of my previous US health insurance policy.
    I bought a Honda CRV in 2022 and the cost was about the same or a little more expensive in Thailand even though these Honda's are assembled in Thailand.
    I discovered Thai massage in Thailand. If massage is your thing then it is cheaper in Thailand by a lot.

  • @ekimandersom4478
    @ekimandersom4478 8 дней назад +9

    I totally agree with you, except for 1 thing.
    People don’t necessarily come there for a better life, many retirees come there because from their pension you simply can’t live in Europe or the west.
    Average pensions in western europe are about 1500€ a month.
    That’s why they come to Thailand.

    • @RamzeTravels
      @RamzeTravels  7 дней назад +1

      That is very true and in those cases, they will get a better life here than what their small pensions would have gotten them back home.

    • @ekimandersom4478
      @ekimandersom4478 7 дней назад

      @ For sure, unless they get sick and have no insurance.

    • @martypoll
      @martypoll 7 дней назад

      This is true except probably for healthcare. If you come from a country with universal healthcare then Thailand is a disadvantage with a private insurance market.

    • @mattlawrence7130
      @mattlawrence7130 7 дней назад +1

      @@ekimandersom4478 I can get by in the US, but that would be just getting by. I can build a comfortable life in Thailand and still have a lot left over for adventures.

  • @Cultured_Barbarian
    @Cultured_Barbarian 8 дней назад

    Good video. Your honesty and transparency are obvious and appreciated.

  • @Walk-retirement-travel
    @Walk-retirement-travel 8 дней назад +3

    I’m living the same way in Thailand as I do in Vegas. I’m not trying to live less. I’m actually trying to live better. And my money buys more in Thailand

  • @michaeltakayama8415
    @michaeltakayama8415 8 дней назад

    Good numbers, spot on, and a great explanation of what a prospective expat can expect, from the low-end budget to the high-end budget.
    I'd probably add electricity cost to the mix, since this number, by itself, can easily push a budget up into a higher tier, depending on aircon usage alone.

  • @mangostickyrice555
    @mangostickyrice555 3 дня назад +1

    Thumbs up 👍Ramze

  • @brodysan1
    @brodysan1 8 дней назад

    Subscribed! Thanks for the content. I've got a lot of catching up to do......

  • @guillen757
    @guillen757 8 дней назад +1

    🙏 Thank you for the info 👍

  • @k9companion231
    @k9companion231 8 дней назад

    On point! Thanks for sharing!

  • @josephtenthousand
    @josephtenthousand 7 дней назад

    Great video bro!

  • @bunbohue369
    @bunbohue369 8 дней назад

    I take the 300 studio, it's perfect.

  • @VividAbominations
    @VividAbominations 8 дней назад +27

    $1,000 a month, you have no life, you eat local food only, you do not travel domestically much at all, and you cannot afford to hang with other people. $1,500 a month is a struggle, but maybe 2 or 3 nights out in a month, while living in a condo with not much view. $2,000 As long as some days you do nothing but lounge, hike, or spend the time doing FREE things, you'll be ok. $2,500 a month gets you a nicer place, some Western food, a few nights per week with the boys. $3,000 gets you a pool villa, whatever food you want, and some traveling. $3500 and up gets you a life you could never live in the west for under $10,000 a month.

    • @GeFarr
      @GeFarr 8 дней назад +4

      Here you guys go again. If you go out 2 or 3 nights a month you can make it lol if you barely drink, and dont plan to have a girlfriend, and prefer thai food anyway . 1,200.00 a month no worries. Fuck health insurance i only have 20 to 30 years if im absolutely lucky

    • @mazadasilva643
      @mazadasilva643 8 дней назад

      Are we talking US dollars here?

    • @kitty_s23456
      @kitty_s23456 7 дней назад

      ​@@mazadasilva643yes, USD and I agree w/ his assessment.

    • @VividAbominations
      @VividAbominations 7 дней назад

      @@mazadasilva643 Yes. I spent 1 month in Thailand, so I'm not an authority, but I can tell you I drank a lot, I ate east and western food, and I stayed in $30-$80 range per day hotels. I took 2 domestic flights, a train ride from Bangkok to Chiang Mai, a bus to Chiang Rai, 3 ferry rides while visiting Phuket, Ao Nang, and Phi Phi Islands and my entire month was $4500 (including the flight tix to get there) That is the big one that will be different now. 5 Years ago you could get a ticket for $1,000 round trip, and I don't think it's that common under $1800 now. I went in peak season from early December to the first week of January. I even had a 5-star hotel stay in Bangkok on New Year's Eve. I looked at my expenses after the trip and saw where I could have seen the same things, and still had all the same experiences had I stayed in a bargain hotel. I could have shaved $1,000 off easily. I just splurged because I wanted the tourist experience.

    • @Jughead24
      @Jughead24 7 дней назад +2

      That's pretty accurate bro

  • @DIVGAINS
    @DIVGAINS 8 дней назад

    Good overview, are you in Jomtiem area?

  • @mattlawrence7130
    @mattlawrence7130 8 дней назад

    I divide things up a bit differently. First, how much is it going to cost to live with an adequate level of comfort, which for me does not include a lot of "entertainment"? I can do that easily for under $1500/month. After that it's a matter of how much fun I can have while not getting into a negative cash flow, which looks to be a lot of fun, either locally or taking trips. Now this does not include the cost of various medical issues including installing and replacing various aftermarket parts, which is what I'm saving my retirement savings for. The idea is to not get myself locked into needing to spend a lot for my regular life. It's easy to skip scuba diving trips to Koh Samui, it's much harder to cut back on having breakfast at local restaurants.

  • @michaelferguson651
    @michaelferguson651 8 дней назад +4

    Thailand may not be "cheap" anymore but certainly cheaper than most of our home countrys. Imho

  • @markdumbrell2618
    @markdumbrell2618 7 дней назад +2

    $1000 a week Aussie dollars will give you a good lifestyle , food drink massage entertainment and golf ⛳️

  • @mauimixer6040
    @mauimixer6040 7 дней назад

    Living like a king on $500-$1000/mo ,"Was " so true, especially when you were living in 1999 , right after the financial collapse of Thailand in 97-98 ! But times change, just like the price of gold !
    I miss those 25¢ beers and $5 Super nice Rides,in the Philippines, but 45yrs, things change !😮 But, I'm Still Alive, so it's a good day, for another time in Thailand too !😊😎

  • @carstensanonym7527
    @carstensanonym7527 8 дней назад

    I think it is a good uncomplicated overview but may be is the "made in USA" version. Europeans will propably spend a bit less for the categories - my guess: 25% discount.

  • @chickengod9184
    @chickengod9184 7 дней назад +1

    If you arre thinking about staying in Thailand long-term, you better plan on about $2,000 a month for a budget or about 70,000 baht. And that will be just enough to stay ahead of inflation and to be able to handle emergencies as they come up and they always come up., my basic monthly spend here is about 73,000 baht, not including a monthly allowance of 20,000 Baht each for my wife and i. That's what we use to cover any type of saving investing or emergencies and travel. I've seen a lot of guys come over here with a plan to get by on a small budget and over time the cost of living goes up and they're left to hold out hope that the exchange rate holds up. Here is my 113,000 bht Monthly spend broken down:
    Rent 15000
    Car pmt 13000
    Utilities &​ 2 phones 3000
    Food 20000
    Gas 1000
    Pets 1500
    Wife misc​ allowance 20000
    My misc allowance 20000
    Auto insurance​ 1500
    Health​ insurance​ for two 8000/mo
    Coffee and juice 4000
    Overseas p.o. Box &​ storage​ 6000

  • @kennethboehnen271
    @kennethboehnen271 7 дней назад

    $2000 is a lot less than $3000. That is another level in my opinion. I bring in 20k USD/month of passive income, but live in a cheap studio in Samui. Maybe I'll up it next year?

    • @RamzeTravels
      @RamzeTravels  7 дней назад

      Only person you have to answer to is you ✌️

  • @Keep_Calm_and_Carey_On
    @Keep_Calm_and_Carey_On 7 дней назад

    LMAO ... I still have a S4. Not my daily driver but I still have one that get's use. Just upgraded my well enjoyed/used 2018 S9+ to the S24 Ultra.

  • @s.trajanoski7101
    @s.trajanoski7101 8 дней назад +1

    I guess people are a bit disappointed when you tell them that they can't live like "kings" for 1000 usd! You are crushing peoples dreams 😄. I am not sure, but i think the majority of the people watching this kind of videos (myself included), are hoping to live better lives for less money. But i agree with you, that is reality.

    • @GeFarr
      @GeFarr 8 дней назад

      I live in a van bud= Living like a king in Pattaya ❤🛹🛹🛹

    • @martypoll
      @martypoll 7 дней назад

      You money will go further here in Thailand regardless of your income level. However, there are expenses and risks that come with moving abroad.

    • @GeFarr
      @GeFarr 7 дней назад

      @martypoll for sure but being a very light drinker helps a lot !!

    • @lkabong5529
      @lkabong5529 6 дней назад

      ​@@martypoll Your

  • @elliotthall5543
    @elliotthall5543 6 дней назад +1

    50 per day? He**, I can eat in London for that. That's a monster number for Thailand. If you can't get by VERY WELL on that, even in the U.S., you may need to recalibrate. That come to 351 a week.

    • @RamzeTravels
      @RamzeTravels  6 дней назад

      Are you counting beer, wine, cocktails, high end coffee places and rooftop bars? That number is not just food although it can easily be blown through in food alone. People always assume everything in Thailand is next to free. I spend $30 on lunch a few times a week here in Pattaya alone. There are high end restaurants that serve high quality, well made dishes here as well and that isn't going to happen at $10.

  • @noklekpui
    @noklekpui 8 дней назад

    Are you talking about Australian dollars or Canadian dollars?
    The baht is the unit of currency in Thailand.
    You can rent a good place for around 10000 baht a month.
    70K baht a month is a good realistic budget,obviously some people will overpay for everything

    • @ekimandersom4478
      @ekimandersom4478 8 дней назад

      70k is the minimum

    • @RamzeTravels
      @RamzeTravels  7 дней назад

      You can rent a shoebox for 10K baht a month. Some people love it and that’s all they need but I won’t mislead my audience like many do telling them that.

    • @noklekpui
      @noklekpui 7 дней назад

      RUclips vlogger Welshboy webby lives on less than 40k a month,he has a good lifestyle, a decent apartment and just came back from a holiday in Vietnam.
      Watch Reds video channel and you will see that there are plenty of good places for 10-12k and they are not shoeboxes.
      Some people overspend because they can afford to but they are just simply wasting money

  • @louis20122
    @louis20122 8 дней назад +1

    It is scary to move to a different country away from family.

  • @mazadasilva643
    @mazadasilva643 8 дней назад

    Hey Ramz is your
    Condo for rent any time soon?

    • @RamzeTravels
      @RamzeTravels  7 дней назад +1

      No sir. I just use it when friends come through and don’t want to stay at the house with us.

    • @mazadasilva643
      @mazadasilva643 7 дней назад

      @@RamzeTravels was worth asking

  • @GeFarr
    @GeFarr 8 дней назад +1

    Apartment 200.00 food350.00 transpertation 50.00 fun 250.00 groceries 200.00 =1,050.00 easy !!

    • @mazadasilva643
      @mazadasilva643 8 дней назад

      Is that yearly mate

    • @mauimixer6040
      @mauimixer6040 7 дней назад

      😅😅😅 are You dreaming, cause you are leaving a lot of things out ?!

    • @mazadasilva643
      @mazadasilva643 7 дней назад

      @@mauimixer6040 so is that a million baht a month your spending mate?

    • @mazadasilva643
      @mazadasilva643 7 дней назад

      @@mauimixer6040 ahhh I get it now mate was reading the figures wrongly 😅😅 1050 US a month correct??

    • @GeFarr
      @GeFarr 7 дней назад

      @@mazadasilva643 ha ha tell em

  • @taalofaa
    @taalofaa 5 дней назад

    I agree overall. My spending at its high was 1000 usd per week over and above hotels. I never do bars so this was direct to thai hands. Living in thailand for me is a no go since i have a home in hawaii the US most populous asian state. Thailand is diminishing pleasures IMHO. Each visit it is more compacted with people. Now foreigners from India,Pakistan and China are moving in to live and do business. Too many people in same place same time. Poor air quality nearly anywhere. Crime on the rise teetering towards violent crime soon too.
    Thailand is on the downward spiral in spite of new hi rises everywhere and the offerings evident. OVERKILL at all levels of offerings thailand has become a disaster in the making waiting for the explosion. My visits were 4x per year now down to 2x and my spending down to 200 usd per week.

  • @timjoygray
    @timjoygray День назад

    “Economics teacher in jr high” lol

  • @BO-mb8rr
    @BO-mb8rr 8 дней назад +1

    $2,500 USD/month minimum or why move to a foreign country.

    • @mauimixer6040
      @mauimixer6040 7 дней назад

      Only other reason is if you only have $1500 or less, which means you're homeless or sharing a room with 5 others. 😊 Then it's great !

  • @MichaelRichard-o9r
    @MichaelRichard-o9r 8 дней назад

    Spending 5000 in Thailand is the same as making 15000 in LA of NYC It is great but 80% cant do it. It is just a flex by the top 20% I have money and lifestyle and you dont unless you spend 4000 If you live well without spending 4000, then you are an exception. 15k in LA, you are good 5k in Thailand, u r good Is there anyone that doesnt know this?

  • @louis20122
    @louis20122 8 дней назад +1

    I think another positive thing is saving on income tax by living abroad.

    • @merckxbelgium
      @merckxbelgium 7 дней назад

      Income tax is coming on all money entering Thailand. Many expats are leaving Thailand because of this tax. Think twice befofe moving to Thailand. Things arn't what they used to be.Far from it.

    • @RamzeTravels
      @RamzeTravels  7 дней назад

      Depends on which country you’re from and what that income is.

  • @marcuspearson87
    @marcuspearson87 7 дней назад

    "Ride the rides" LOL

  • @DoorCam-l7y
    @DoorCam-l7y 7 дней назад

    How much does it cost for you to live in the US....?
    10% that is the cost for you in Thailand.

    • @RamzeTravels
      @RamzeTravels  7 дней назад +1

      I think the true number is more like 20-30% based on where in the USA you’re coming from.

    • @mauimixer6040
      @mauimixer6040 7 дней назад

      ​@@RamzeTravelsdefinitely 30+ if you have vices, especially drinking and women. If neither, then the 20+% depending on your taste buds, or both😊

  • @gordon.Jacko1055
    @gordon.Jacko1055 8 дней назад +2

    The question is how do you want to live? Not how cheap it is to live. 🤔

  • @Ay_Ole
    @Ay_Ole 7 дней назад

    Dude, you should do prices baht, then everybody considering Thailand knows what you are talking about...

    • @RamzeTravels
      @RamzeTravels  6 дней назад

      I’ve done it both ways but here is something to consider. Half my audience is American and I find most other countries always know what and how the dollar stands. That said, I usually try and say both.

  • @louis20122
    @louis20122 8 дней назад +1

    Spending more money doesn't guarantee happiness and healthy long life.

    • @RamzeTravels
      @RamzeTravels  7 дней назад +2

      Guarantee? No
      But it sure does help. I’ll give you a quick few examples. More money equals better quality and healthier food. More money means better health care. More money means you’re less stressed about feeding your family and keeping the lights on. Just to name a few. There are plenty of miserable rich people but let’s not pretend money isn’t important.

  • @stevek343
    @stevek343 4 дня назад

    You can't live off 1500 a month in the states so why the heck even go to Thailand if you can't live descent off of that.

  • @onecompass7290
    @onecompass7290 6 дней назад

    Thanks for the common sense info. I'm trying to figure out how to have a livable space not a 30sq 'condo' with a crappy 'kitchen' and 3 foot wide living room that is just a couch jammed against a wall in a narrow hallway...yuk.

  • @glorgau
    @glorgau 8 дней назад +2

    Bargirls? How much for her family's sick water buffalo? ;-)

    • @RamzeTravels
      @RamzeTravels  8 дней назад

      Good one!

    • @ekimandersom4478
      @ekimandersom4478 8 дней назад

      People still fall for that ?

    • @merckxbelgium
      @merckxbelgium 7 дней назад +1

      As much as she can squeeze out of you. Avoid this trap!

    • @mauimixer6040
      @mauimixer6040 7 дней назад

      Less than the kids mom's caring for ! 😊😮. Switching every other month 😅

  • @WAWZDAT
    @WAWZDAT 7 дней назад

    🤣 "Like to ride the rides" Some of the rides are like mopeds. Might be a lot of fun to ride, but don't really want your friends to know. 🤣

  • @jjsc3334
    @jjsc3334 8 дней назад +1

    Close to America expense, why move?

    • @ekimandersom4478
      @ekimandersom4478 8 дней назад

      Because the US sucks

    • @RamzeTravels
      @RamzeTravels  7 дней назад +1

      Because it’s a beautiful country that is safe and you will get way more lifestyle and bang for your buck.

  • @PXX-t1j
    @PXX-t1j 7 дней назад

    1000 usd should work without problems if you stay alone!
    But if you rent expensive for 20,000 baht then you're living expensive as I see it! Also if you live in tourist areas and their ridiculous prices.
    You can live cheap outside tourist areas -who wants to stay there?!
    Chiang Mai is good or was good. After living in the crap mafia Island Kho Samui for 2 years only to get ripped of constantly in the markets though the knew I lived there, I went to Chiang Mai. Best thing I ever did! Never problems, paid same as thai in the markets etc.
    Nah stay away from tourist places they are no good!

    • @RamzeTravels
      @RamzeTravels  7 дней назад

      Thanks for sharing. We have very different opinions on quality of life and “expensive” but that’s why it’s great Thailand has options for all.