You should plan to live in Thailand on a budget of at least $1,500 per month, with $2,000 being a more reasonable benchmark. This will allow you to live comfortably without breaking the bank. You could potentially live a lot cheaper, as low as $1,000 a month, but you would probably have a difficult time.
The average monthly income per household in Thailand was highest in the Bangkok , which amounted to almost 40 thousand Thai baht in 2019. In that year, the average monthly income of the whole kingdom of Thailand was around 26 thousand Thai baht.
50,000 Baht a Month – Many western teachers in Thailand say the 50,000 baht figure is enough money for a comfortable lifestyle with several monthly ‘luxury’ items thrown in. 80,000 Baht a Month – Approximately $2,555, and you will be much closer to living in the lap of luxury.
Minimum Daily Wages
|336 baht (2 provinces)||Chon Buri and Phuket|
|335 baht (1 provinces)||Rayong|
|331 baht (6 provinces)||Bangkok, Nakhon Pathom, Nonthaburi, Pathum Thani, Samut Prakan and Samut Sakhon|
|330 baht (1 provinces)||Chachoengsao|
1,000 baht a day is a lot more than the minimum wage (in the formal job market and way way more than up country) in Thailand. Few people would come Thailand to holiday as a poor Thai.
like other answers, there are many level of wealthy. In rural place, spending 10,000 Baht a day is the rich one. But in Bangkok spending 100,000 Baht a day, consider to be rich . But I would conclude that if you can have monthly income over 1 million Baht, you are rich for sure.
Online Prices Can range from 1000 – 1500 Baht Short time. Long time Add 500- 1000 Baht . The online method is also a great way to find a holiday Thai girlfriend for a few days or weeks at a time.
Average wages in Bangkok is pretty high compared to other areas of Thailand. Currently, the average wage in Bangkok is of 25,500 Thai Baht per month, or approximately 800 USD. Bangkok has some of the highest average salaries among ASEAN members capitals.
Between 2015 and 2018, the poverty rate in Thailand increased from 7.2 percent to 9.8 percent, and the absolute number of people living in poverty rose from 4.85 million to more than 6.7 million. The increase in poverty in 2018 was widespread – occurring in all regions and in 61 out of 77 provinces.
The money they can earn in a Go Go bar far exceeds what they are able to earn back in their villages or factories in Bangkok where they will be lucky to pull in 18,000 Baht ($535) a month for a 6 day week with overtime in a factory and even less working on a farm or in 7/11.
Convert US Dollar to Thai Baht
|1 USD||30.0412 THB|
|5 USD||150.206 THB|
|10 USD||300.412 THB|
|25 USD||751.030 THB|
Generally, foreigners are not allowed to directly purchase land in Thailand . It is a commonly unknown fact that although a foreigner cannot own land in Thailand , he can own the house or structure built thereon. One only has to apply for a construction permit to build the house in his own name.
Some people pay over 50,000 baht on rent, while some pay 30,000 baht . There are also those that pay around 15,000 baht and some that pay less than 5,000 baht a month. In other words, the cost of monthly rent varies hugely and depends on factors like location, type of housing, and facilities offered.
If you have experience teaching and a TEFL certification, teaching at a local bilingual school is a great way to earn a high salary in Thailand . Teachers at private bilingual schools typically earn between $1,700 and $2,500 per month. In addition to a great salary , these jobs also have better benefits.
Thailand last year boosted the national minimum wage for the first time since 2013 raising the daily range from about 2% to 7% to 208 baht ($6.8) to 330 baht , respectively.