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.
Thailand Annual Household Income per Capita reached 3,322.813 USD in Dec 2017, compared with the previous value of 3,276.927 USD in Dec 2015. Thailand Annual Household Income per Capita data is updated yearly , available from Dec 1981 to Dec 2017, with an averaged value of 1,090.459 USD.
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.
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.
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.
For Thai currency (Baht), any person can bring total amount not exceed THB500,000 to any Thailand’s bounded countries and not exceed THB50,000 to any destination countries. More than that mentioned amount, you have to declare to a Customs Officer or exchange to others currency before depart from Thailand .
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|
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.
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.
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.
Teachers are paid between 18 thousand to 50 thousand baht , depending on the qualifications. At Ajarn.com, the popular job site for foreign nationals seeking teaching jobs, there is a specific salary range for Filipino teachers, which is 15 thousand baht .