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Expat Exchange - Cost of Living in Bangkok 2024
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Bangkok, Thailand


Cost of Living in Bangkok

By Betsy Burlingame

SJB Global
SJB Global

Summary: Understanding the the cost of living in Bangkok helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Apartment Rentals The average cost of renting a one-bedroom apartment in the city center of Bangkok is around $800 per month. Outside of the city center, the cost of renting a one-bedroom apartment is around $500 per month.
Apartment Purchases The average cost of purchasing a one-bedroom apartment in the city center of Bangkok is around $150,000. Outside of the city center, the cost of purchasing a one-bedroom apartment is around $100,000.
Transportation The cost of public transportation in Bangkok is very affordable. A single ride on the BTS Skytrain costs around $1.50, while a single ride on the MRT Subway costs around $1.00. A taxi ride within the city center costs around $3.00.
Groceries The cost of groceries in Bangkok is relatively low. A loaf of bread costs around $1.50, a liter of milk costs around $1.00, and a dozen eggs costs around $2.00.
Restaurants The cost of eating out in Bangkok is relatively low. A meal at a mid-range restaurant costs around $10 per person, while a meal at a fast food restaurant costs around $5 per person.
Utilities The cost of utilities in Bangkok is relatively low. The average cost of electricity is around $0.15 per kWh, while the average cost of water is around $0.50 per cubic meter.
Private School Tuition The cost of private school tuition in Bangkok varies depending on the school. The average cost of preschool tuition is around $2,000 per year, while the average cost of elementary school tuition is around $4,000 per year. The average cost of middle school tuition is around $6,000 per year, while the average cost of high school tuition is around $8,000 per year.

Monthly Budget for Retirees in Bangkok

"The cost of living in Bangkok is generally considered to be quite affordable. Basic necessities such as food, transportation, and accommodation are relatively inexpensive compared to other major cities in the world. Eating out at restaurants is also quite affordable, with many local eateries offering delicious meals for a fraction of the cost of similar meals in other countries. Additionally, the cost of entertainment and leisure activities is quite low, making Bangkok an attractive destination for budget travelers," said one expat living in Bangkok.

Can I live in Bangkok on $1,500 a month?

"I've been living in Bangkok for a few years now, and I can tell you that it's definitely possible to live comfortably on $1,500 a month, but you'll have to make some adjustments to your lifestyle. First, you'll need to find an affordable place to live. Some of the more expensive neighborhoods like Sukhumvit, Silom, and Sathorn might be out of your budget, but there are plenty of other areas where you can find reasonably priced apartments or condos. I'd recommend looking into neighborhoods like On Nut, Udom Suk, or Ratchada, where you can find a decent one-bedroom apartment for around $300-$500 a month.When it comes to transportation, using public transit like the BTS Skytrain or MRT subway is quite affordable and convenient. Taxis and motorbike taxis are also relatively cheap, but be prepared to negotiate the fare or make sure they use the meter. Owning a car might not be the best option, as traffic can be a nightmare and parking can be expensive.Eating out in Bangkok can be very affordable, especially if you stick to local street food and small restaurants. You can easily find delicious meals for $1-$3. However, if you prefer dining at fancier restaurants or eating Western food, the costs can add up quickly. Groceries can also be a bit more expensive if you're looking for imported products, but local markets offer fresh produce at reasonable prices.Entertainment and nightlife can be a bit pricey, especially in the more touristy areas. If you enjoy going out for drinks, be prepared to pay more for alcohol, as it's heavily taxed in Thailand. However, there are plenty of affordable activities to enjoy, like visiting local markets, parks, and temples, or taking advantage of the many free or low-cost events happening around the city.In terms of healthcare, public hospitals can be quite affordable, but the quality of care and wait times might not be up to the standards you're used to. Private hospitals offer better care and shorter wait times, but the costs can be significantly higher. It's a good idea to have health insurance to help cover any medical expenses.Overall, living in Bangkok on $1,500 a month is doable, but you'll need to be mindful of your spending and make some adjustments to your lifestyle. By choosing an affordable neighborhood, eating local food, and taking advantage of the many low-cost activities available, you can enjoy a comfortable life in this vibrant city," commented an expat living in Bangkok.

Can I live in Bangkok on $3,500 a month?

"I've been living in Bangkok for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make a few sacrifices in terms of location and housing options. For example, if you want to live in a more upscale neighborhood like Sukhumvit or Silom, you might have to settle for a smaller apartment or condo. These areas are popular among expats and have a lot of high-end shopping malls, restaurants, and bars, but the cost of living is also higher.On the other hand, if you're willing to live in a more local neighborhood, you can find larger apartments or even houses for a more affordable price. Some neighborhoods to consider are On Nut, Ari, and Ratchada. These areas are still relatively close to the city center and have good public transportation options, but the cost of living is lower than in the more upscale neighborhoods. You'll also find more local markets and street food options, which can help you save on food costs.In terms of other expenses, transportation is quite affordable in Bangkok. You can use the BTS Skytrain or MRT subway to get around the city, and the fares are quite reasonable. Taxis and motorbike taxis are also available and can be a cheap way to get around if you don't mind negotiating the price.Eating out can be very affordable if you stick to local street food and markets, but if you prefer dining at more upscale restaurants or international chains, the costs can add up quickly. However, even at higher-end restaurants, the prices are still generally lower than what you'd pay in a Western country.One sacrifice you might have to make is in terms of healthcare. While there are excellent international hospitals in Bangkok, the cost of treatment can be quite high, especially if you don't have insurance. It's a good idea to look into getting an expat health insurance plan to help cover any medical expenses.Overall, living in Bangkok on $3,000 a month is definitely doable, but you'll need to be mindful of your spending and be willing to make some sacrifices in terms of location and housing. By choosing a more affordable neighborhood and being conscious of your daily expenses, you can enjoy a comfortable lifestyle in this vibrant city," said one expat living in Bangkok.

Can I live in Bangkok on $5,000 a month?

"I've been living in Bangkok for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even with modern amenities. In fact, you can live quite well on that budget. The cost of living in Bangkok is generally lower than in many Western countries, so your money will go further here.As for sacrifices, you might have to make a few adjustments to your lifestyle, but nothing too drastic. For example, you might need to eat out at local restaurants more often, rather than dining at high-end international restaurants, which can be quite expensive. But the local food is delicious, so that's not really a sacrifice!When it comes to housing, there are plenty of affordable neighborhoods where you can find modern condos or apartments with all the amenities you're used to. Some popular areas for expats include Sukhumvit, Silom, and Sathorn. These neighborhoods have a good mix of local and international restaurants, shopping malls, and entertainment options. You can find a nice one-bedroom condo in these areas for around $1,000 to $1,500 per month, depending on the specific location and the building's facilities.If you're looking for something more upscale, you might want to consider neighborhoods like Thonglor or Phrom Phong. These areas are known for their luxury condos, high-end restaurants, and trendy bars. However, the cost of living in these neighborhoods is significantly higher, so you might have to cut back on other expenses to make it work on a $5,000 budget.In terms of transportation, Bangkok has a decent public transportation system, including the BTS Skytrain and MRT subway. Using these services can help you save money on transportation costs, as taxis and private cars can be more expensive. However, if you prefer to drive, you can still find affordable parking options in most neighborhoods.Overall, living in Bangkok on a $5,000 monthly budget is definitely doable, and you can still enjoy a comfortable lifestyle with modern amenities. Just be prepared to make a few adjustments and explore the more affordable neighborhoods to find the best fit for your needs," commented an expat living in Bangkok.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


SJB Global
SJB Global

SJB Global
SJB Global

Bangkok, Thailand

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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