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John Dean

Cost of living in Thailand

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Surely the price of living in los would be significantly cheaper than living in the U.K.??

Just doing in los what you’d do regularly back home??

I'm guessing the monthly cost of running an average house in the UK is something like:

 

Council tax - £120

Gas and Electric - £80

Water - £25

Insurance - £20

Landline/internet - £30

 

That's £275 without food, car or leaving the house. At an exchange rate of 43 it equates to 11,825baht.

 

 

I hardly ever eat out at home but would do so even if I had my own property in LOS, Thai food is so cheap there.

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You are giving up quite a bit. Harley, cars and boats. You can hire a Harley in Patts and go for a ride out sometimes. That would break up daily routine.

Hi Zeppo,

 

I haven’t done Thailand as yet but use to regularly hire Harley’s in Bali for rides & sightseeing there. Just wondering if you have done so & any info on hiring Harley’s in Pattaya Cheers

 

 

Sent from my iPhone using Tapatalk

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sorry Kiwi, I haven't done it. This link might help.

 

https://www.route66thailand.com/

Thanks for info Zeppo, much appreciated If your about in Pattaya between 18-28th JulyWould be great to meet & have a beer with you

 

 

Sent from my iPhone using Tapatalk

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Looking at Cost of Living in Thailand. 

Interesting to note that Immigration, for a retirement visa,  requires 800,000 Baht in the bank or a proven income of 65,000 per month.

They are not far out as that is what they estimate for a Farang to need to live in Thailand.

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The sum for a retirement visa has remained the same for at least 10 years that i know of. As we know back then the exchange rate for many countrys was stronger. Think the £££ was mid 60s to the baht.

So you only needed to prove an income of approx £12.350 to reach ( based on 65b) the 800000b requirement. Year 2007

Now you need an income of approx £18.300 to reach ( based on 44b) the 800000b requirement. Year 2018.

A jump of £6000 in a decade.

Why the authorities have not increased this is beyond me. Feel a 5% increase would not be unreasonable if they did so in the coming year(s).  So the new lump sum figure would be 840000b.

Monthly proof of income to be  adjusted as well to match the lump sum.

Of course this not would be popular, and it may just be a hurdle to far for some ex pats and push them over the top financially,  if they could not prove they have funds avaliable and meet the criteria required.   So many would be forced to use an agent to obtain the required stamp in passport.  Many already  chose to take this route for various reasons.  Each to his own choice, or possibly circumstances already dictate.

The question to me is.......if you are sailing that close to the wind monetary wise and would bitch about a 5% increase. Are you really sure you should be living Thailand ?. After all this place has no safety net for poor farangs.

Rgds soidog.

 

   

 

 

 

 

 

 

 

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A bit Apples and Oranges...

The exchange rate has been a disadvantage but my spending in Thailand is in Baht and not in UK Pounds so the 2 issues are really separate.

On one hand I am using more Pounds to buy the required Baht which affects me personally. In my time here 76 Baht down to 43 to the pound.

The up side is buying a home at that time was a reasonable decision.

On the other hand cost of living in Thai Baht has not increased that much - about 2% per annum over 10 years

Food and basic necessities seem to have had lower inflation. Not sure about Rents and Utilities. Beer has gone up about 30%

https://tradingeconomics.com/thailand/inflation-cpi

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