Can you live in Thailand on $2,000 per month?

Life in Thailand attracts many foreigners, and this is not surprising. The country is known for its picturesque beaches, exotic nature, delicious cuisine and warm climate. However, the question that worries many concerns finances: Will you be able to live in Thailand on $2,000 per month?

At first glance, $2,000 seems like a pretty decent amount, but it’s worth noting that the costs depend on the lifestyle, the chosen region and your needs. Generally speaking, the opportunity to live comfortably for this amount in Thailand certainly exists.

Housing costs

One of the main expenses is housing. The rental price varies depending on the region. In major tourist destinations such as Bangkok and Phuket, renting a studio apartment can range from $300 to $800 per month. In less popular regions, for example, in Chiang Mai, rental prices are much lower — from 200 to 400 dollars.

Food and entertainment

Thai cuisine is known for its accessibility and variety. Meals in outdoor cafes can cost as little as $ 1-3 per dish, and in restaurants — from $ 5 to $ 15. On average, you will need about $300-500 per month for a comfortable meal.

As for entertainment, Thai massage, excursions, courses and classes are also quite cheap. Expect costs in the order of $100-250 per month.

Transportation and utilities

Transportation in Thailand is cheap and affordable. Local transportation, including tuk-tuks and motorcycles, can cost as little as $30-50 per month. Don’t forget about utilities — water, electricity and internet can add up to $100-200.

In general, the amount of your expenses will vary depending on your habits and preferences, but with proper planning, $2,000 per month will allow you to live quite comfortably.

Will Thailand still be cheap in 2024-2025?

Speaking about the future, many people are thinking: Will Thailand still be cheap in 2024-2025? Of course, over time, prices for housing, food and services may increase, but most likely Thailand will remain one of the most affordable countries to live in among foreign tourists and expats.

Thailand’s economy depends on many factors, including tourism activity, which is expected to grow after the pandemic. An increase in the number of tourists may lead to an increase in prices, however, competition in the real estate and services market is likely to help maintain affordable prices.

It is also worth noting that in 2024-2025, various programs and activities focused on the influx of foreign investment and talent can maintain the price level.

How much money do you need to live in Phuket?

Phuket, as one of the most popular resorts in Thailand, has its own market for services and housing. How much money do you need to live in Phuket?

As in other regions, costs will vary depending on your lifestyle. If you rent a studio apartment, it will cost from $ 400 to $ 900 per month, depending on the location, directly close to the beach or in a less popular part of the island.

For food, taking into account local markets and restaurants, you will need about 300-600 dollars. For example, breakfast in a cafe costs about $ 3-5, and a full lunch will not exceed $ 10.

Also consider the additional costs: health insurance, transportation, entertainment, etc. For a comfortable life in Phuket, the recommended amount is about $ 1500-2500 per month.

So, living in Thailand for $ 2,000 a month looks quite reasonable. You can not only cover basic expenses, but also enjoy all the delights of living in a tropical paradise.