MONTHLY Cost Of Living in THAILAND 2024 (Budget Guide)

Why Should You Move To Thailand?

Cost of living in Thailand

So You Want to Live in Thailand On a budget? The Cost Of Living In Thailand makes it possible to Live For Around $590 to $2500 per month, depending on your budget. This article explains how we lived in Thailand for 2 years for under $1000 per month, how others did it, and how you can Live in Thailand too. We also included a few videos that will help you give context! 

We’ll explain all the important details about living in Thailand – from the cost of living in Thailand to tips on traveling the islands and renting an apartment monthly, Utilities, healthcare, Things to do in Thailand, and more.

We’ll also provide a monthly cost of living in Thailand table, so you can know how much money you’ll need to make each month to live comfortably in Thailand. This article will be the most comprehensive on the internet and will continually be updated with updated information.

  • Thailand has world-class weather, some of the world’s most beautiful beaches and nature, incredible mountains and jungles, world-class scenery, infinite adventures to make, and an incredibly unique culture. Thailand is extremely safe, making it a great place to raise a family. To give you an idea of what moving would cost, here’s a breakdown of some key expenses: Total Monthly Living Costs in Thailand Is $590 to $2500 Per Month For all expenses and if you budget smartly then you can expect to spend $800 to $1200 per month for all expenses.
  •  Thailand is a unique Magical Paradise Tropical Country in Southeast Asia. That is 5 times cheaper than living in New York City, United States. As we will explain, yes, you don’t have to spend the $5,000 per week on vacations you see on social media. This is the wrong way to travel!
  •    Thailand has more than 1430 Islands and incredible countryside, jungles, and Mountains.
  •   The affordable cost of living In Thailand, With a monthly income of less than $1500 is possible to live well, and sometimes even as low as $1000 per month if you are on a tight, extreme budget, which we will discuss later in this article. The monthly rent in Thailand, food budget, housing expenses, and transportation options in Thailand are determined by your budget and spending habits, depending on how much you spend.
  •    The average monthly cost of living in Thailand is $500 For the Local Natives. Expats and Digital Nomads will spend more to keep up with their living standards of around $1500 per month Living in Thailand.
  •   Thailand has world-class local food that you should try, which is another tip to save money. While living in Thailand, try to eat at the local markets and supermarkets. You will save a lot of money doing this. Also, checkout the 7/11 for unique snacks and food.

This article will help you understand how much money you’ll need to live comfortably and inexpensively by providing an in-depth overview of the Cost Of Living In Thailand. Additionally, we’ll emphasize and explain some of the advantages of living in Thailand, help you decide if it’s right for you, and help you save money on a budget every month!

We’ve been digital nomads for almost 4.5 years. We also lived in Thailand for 2 years and have been traveling the globe since then, so we’ll share our experiences with you! Let’s do it!


Table Of Contents

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Estimated Monthly Cost of Living in Thailand Summary Cost Of Rent, Groceries, Transportation, Healthcare: $590 – $3100 Per Month

Cost Of Living in Thailand Summary

The cost of living in Thailand ranges from $590 to $3100 per month. The cost of living in Thailand is 81% lower than in New York City, United States. With a family of four estimated monthly costs of $2,000, depending on your spending habits, it could be more or less than what is listed here.

You can reduce your monthly budget significantly with research, solid budget planning, eating local food, shopping at the supermarkets, and renting on Airbnb monthly or finding a cheaper apartment locally.

Living in Thailand is extremely affordable, and the good news is that there are a lot of affordable rent and accommodations, food, and transport options to be found anywhere in the country.

  • The range of costs is from $590 to $3100 + per month, depending on your budget and your spending habits.
  •   A budget food and grocery plan will cost you around $200 to $500 per month on average, although this figure will vary depending on your location and budget.
  •   Overall, a monthly budget of $590 to $2000 is a realistic estimate for the cost of living in Thailand. You should re-evaluate your budget and spending habits if you spend above that.
  •   A family of four estimated monthly costs is $2000.
  •   A single person estimated monthly costs is $590 to $1200.
  •   On average, the cost of living in Thailand is 81% lower than in the United States.
  •   Rent in Thailand is, on average, 80% lower than in the United States.
  •  Transportation costs expect to spend an estimated $4000 baht to 7,500 baht ($120 – $190) each month on transportation.

Estimated Monthly Cost Of Living In Thailand: Table of Expenses 2024

The Cost of living in Thailand table below is An extensive research poll of Digital Nomads, Expats, travelers, and Numbeo users that lived in Thailand was used to put this together. We also go significantly deeper below this table of expenses!

$1 USD equals 35.52 Thai Baht. This estimate is based on an extremely Strict Budget Vs. A luxury Budget in Thailand per month! The Cost Of Living Per Month In Thailand is $590 to $3100, depending on your spending habits! Here is a table of expenses for a couple living in Thailand per month:

Average Monthly Expenses In ThailandUSD $ Thai Baht USD/THB THB
Rent (Homestay, Guesthouse, studio vs Full Private 2+ Bedroom Villa) In Thailand$150 – $1700THB Baht 5328 – THB Baht 60384
Electricity (Including water) In Thailand$30 – $100THB Baht 1065 – THB Baht 3552
Mobile Phone (including SIM Card data) In Thailand$20 – $50THB Baht 710 – THB Baht 1776
Internet (WiFi) in Thailand$20 – $50THB Baht 710 – THB Baht 1776
Food (groceries, dining out, partying, nightlife) in Thailand$200 – $550THB Baht 7104- THB Baht 19536
Transportation (motorbike, fuel, renting, Taxi) In Thailand$100 – $200THB Baht 3552 – THB Baht 7104
Healthy Activities (Gym, MMA, Yoga, Massages, etc) In Thailand$30 – $300THB Baht 1065 – THB Baht 10656
Health Insurance (SafetyWing, World Nomads) In Thailand$40 – $150THB Baht 1420 – THB Baht 5328
Cost of Living In Thailand Per Month Total Expenses$590 – $3100THB Baht 20956 – THB Baht 110112

Below is also a summary of 5 of the top cities in Thailand Foreigners love to live in. The Variance in the Table above Varies by $100 to $200 for each of these cities. Some are more expensive or cheaper than the other, keep that in mind, but honestly, it’s a small $100 to $200 difference which I will show.


Cost Of Living In Bangkok, Thailand Summary: $690 – $3120 Per Month!

Cost Of Living in Bangkok Thailand Summary

The cost of living in Bangkok, Thailand, ranges from $690 to $3120 per month. It is similar in most cities in Thailand but with a $100 to $200 variation per month in your budget, depending on the location and cities. The cost of living in Bangkok, Thailand, is 79% lower than in New York City, United States. With a family of four estimated monthly costs of $2,100, depending on your spending habits, it could be more or less than what is listed here. For example, we lived in a 31st floor apartment Complex penthouse apartment with pool amenities, a gym, co working space, and more for $350 a month In Sathorn, Bangkok, Thailand area.

You can reduce your monthly budget significantly with research, solid budget planning, eating local food, shopping at the supermarkets, and renting on Airbnb monthly or finding a cheaper apartment locally.

Living in Bangkok, Thailand, is extremely affordable. The Transportation and the BTS and MRT Train system in Bangkok is the best in all of Thailand so you can get around a lot better, and the good news is that there are a lot of affordable rent and accommodations, food, and public transport options to be found anywhere in the country.

We also made an entire article on the Cost of Living in Bangkok, Thailand check it out here!

Key Facts About the Cost Of Living in Bangkok, Thailand:

  • The range of costs is from $690 to $3120 + per month, depending on your budget and your spending habits.
  •   A budget food and grocery plan will cost you around $220 to $550 per month on average, although this will vary depending on your location and budget.
  •   Overall, a monthly budget of $1000 to $1500 is a realistic estimate for the cost of living in Bangkok, Thailand. You should re-evaluate your budget and spending habits if you spend above that.
  •   A family of four estimated monthly costs is $2200.
  •   A single person estimated monthly costs is $690 to $1220.
  •   On average, the cost of living in Bangkok, Thailand, is 79% lower than in the United States.
  •   On average, rent in Bangkok, Thailand, is 79% lower than in the United States.
  •  Transportation costs expect to spend an estimated $4000 baht to 7,500 baht ($100 – $190) each month on transportation.

Cost Of Living In Chiang Mai, Thailand Summary: $550 – $2900 per month

Cost of Living in Chiang Mai Summary

The cost of living in Thailand ranges from $550 to $2900 per month. The cost of living in Chiang Mai, Thailand, is 84% lower than in New York City, United States. With a family of four estimated monthly costs of $2,000, depending on your spending habits, it could be more or less than what is listed here.

You can reduce your monthly budget significantly with research, solid budget planning, eating local food, Using the transportation options available, renting your own scooter, shopping at the supermarkets, and renting on Airbnb monthly or finding a cheaper apartment locally.

We also made an entire article on the Cost of Living in Chiang Mai, Thailand Check it out here!

Key Facts about the Cost Of Living in Chiang Mai, Thailand:

  • The range of costs in Chiang Mai, Thailand, is from $550 to $2900 + per month, depending on your budget and your spending habits.
  •   A budget food and grocery plan will cost you around $200 to $520 per month on average, although this figure will vary depending on your location and budget.
  •   Overall, a monthly budget of $1000 to $1400 is a realistic estimate for the cost of living in Thailand. You should re-evaluate your budget and spending habits if you spend above that.
  •   A family of four estimated monthly costs is $2100.
  •   A single person estimated monthly costs is $550 to $1200.
  •   On average, the cost of living in Chiang Mai, Thailand, is 84% lower than in the United States.
  •   Rent in Chaing Mai, Thailand, is, on average, 84% lower than in the United States.
  •  Transportation costs expect to spend an estimated $4000 baht to 7,500 baht ($120 – $190) each month on transportation.

Cost Of Living In Phuket, Thailand Summary: $710 – $3100 per month

Cost of living in Phuket Thailand Summary

The cost of living in Phuket, Thailand, ranges from $710 to $3100 per month. The cost of living in Phuket, Thailand, is 78% lower than in New York City, United States. With a family of four estimated monthly costs of $2,200, depending on your spending habits, it could be more or less than what is listed here.

You can reduce your monthly budget significantly with research, solid budget planning, Renting your own scooter or using the public transportation options, eating local food, shopping at the supermarkets, and renting on Airbnb monthly or finding a cheaper apartment locally.

Key Facts about the Cost Of Living in Phuket, Thailand:

  • The range of costs is from $590 to $3100 + per month, depending on your budget and your spending habits.
  •   A budget food and grocery plan will cost you around $200 to $500 per month on average, although this figure will vary depending on your location and budget.
  •   Overall, a monthly budget of $590 to $2000 is a realistic estimate for the cost of living in Thailand. You should re-evaluate your budget and spending habits if you spend above that.
  •   A family of four estimated monthly costs is $2000.
  •   A single person estimated monthly costs is $700 to $1200.
  •   On average, the cost of living in Thailand is 81% lower than in the United States.
  •   Rent in Thailand is, on average, 80% lower than in the United States.
  •  Transportation costs expect to spend an estimated $4000 baht to 7,500 baht ($120 – $190) each month on transportation.

We also wrote a full in depth guide on the Cost of Living in Phuket Thailand Here!


Cost Of Living In Pattaya Thailand Summary: $750 – $3200 per month

Cost Of living in Pattaya Thailand Summary

The cost of living in Pattaya, Thailand, ranges from $750 to $3200 per month. Pattaya is Thailand’s party and nightlife city, even crazier than Bangkok. I’m sure you have heard crazy stories about Pattaya. The cost of living in Thailand is 77% lower than in New York City, United States. With a family of four estimated monthly costs of $2,300, depending on your spending habits, it could be more or less than what is listed here.

You can reduce your monthly budget significantly with research, solid budget planning, Renting your own scooter and using public transportation, eating local food, shopping at the supermarkets, and renting on Airbnb monthly or finding a cheaper apartment locally.

Key facts for the Cost of Living in Pattaya, Thailand:

  • The range of costs is from $750 to $3200 + per month, depending on your budget and your spending habits.
  •   A budget food and grocery plan will cost you around $300 to $600 per month on average, although this figure will vary depending on your location and budget.
  •   Overall, a monthly budget of $1500 to $2000 is a realistic estimate for the cost of living in Pattaya, Thailand. You should re-evaluate your budget and spending habits if you spend above that.
  •   A family of four estimated monthly costs is $2300.
  •   A single person’s estimated monthly costs is $750 to $1500.
  •   On average, the cost of living in Pattaya Thailand is 81% lower than in the United States.
  •   Rent in Thailand is, on average, 77% lower than in the United States.
  •  Transportation costs expect to spend an estimated $5000 baht to 8000 baht ($150 – $210) each month on transportation.

Cost Of Living In Koh Samui Thailand Summary: $800 – $3100 per month

Cost Of Living in Koh Samui Thailand Summary

The cost of living in Koh Samui, Thailand, ranges from $800 to $3100 per month. The cost of living in Koh Samui, Thailand, is 75% lower than in New York City, United States. With a family of four estimated monthly costs of $2,400, depending on your spending habits, it could be more or less than what is listed here.

You can reduce your monthly budget significantly with research, solid budget planning, Renting your own scooter, taking the local transport, eating local food, shopping at the supermarkets, and renting on Airbnb monthly or finding a cheaper apartment locally.

Living in Koh Samui, Thailand, is extremely affordable, and the good news is that there are a lot of affordable rent and accommodations, food, and transport options to be found anywhere in the country.

  • The range of costs is from $800 to $3100 + per month, depending on your budget and your spending habits.
  •   A budget food and grocery plan will cost you around $310 to $620 per month on average, although this figure will vary depending on your location and budget.
  •   Overall, a monthly budget of $1400 to $2000 is a realistic estimate for the cost of living in Koh Samui, Thailand. You should re-evaluate your budget and spending habits if you spend above that.
  •   A family of four estimated monthly costs is $2500.
  •   A single person’s estimated monthly costs is $800 to $1200.
  •   On average, the cost of living in Thailand is 75% lower than in the United States.
  •   Rent in Koh Samui, Thailand, is, on average, 75% lower than in the United States.
  •  Transportation costs expect to spend an estimated $5000 baht to 8,000 baht ($150 – $210) each month on transportation.

Cost Of Rent In Thailand Summary

Cost of Rent And Accommodation in Thailand

The Cost of Renting an apartment or Airbnb in Thailand can be affordable if you stick to a structured budget. Renting an apartment in Thailand will cost $150 to $600 for a simple apartment per month to $1,200 or more for a luxury apartment. Still, it’s important to research beforehand to ensure you are getting the best value for your money. Various rentals are available. We recommend using Airbnb.

We recommend renting on Airbnb. It is a highly streamlined process, faster than going through a rental agency.

  • Renting an apartment monthly from Airbnb will be the best option if you want to live in Thailand on a budget. On average, apartments in Thailand cost $150 to $600 per month on Airbnb.
  •   Renting a home with two or more rooms will cost you around $600 or more per month. 
  • You’ll have to choose between renting a flat, studio, 2+ bedroom apartment, sharing the rent, hostels, guesthouses, bed and breakfasts, and Couchsurfing.
  •   To save money on total expenses, eat at the local food places in Thailand, shop at the local supermarkets, and look for an apartment in Thailand in the surrounding areas close to local markets, local food stalls, supermarkets, or local transportation areas. This is a fantastic tip.
  •   Digital Nomads in Thailand and Expats in Thailand are just a few of the Facebook groups available For you. Facebook groups are a fantastic resource! It is an excellent place to start. 

When finding accommodation in Thailand, it’s important to do your research. The cost of rent can vary greatly depending on where you decide to live. In general, central areas are more expensive than suburbs or rural areas.

Monthly Cost Of Rent and Accommodation in Thailand: Table Of Expenses 2024

Here is a table of expenses for the Cost of Rent and Accommodation in Thailand per month:


Average Monthly Rent and Accommodation In Thailand
USD $ Thai Baht USD/THB THB
Studio Apartment in Thailand$150 – $600Thai Baht THB 5328 – Thai Baht THB 21312
2 Bedroom Apartment in Thailand$500 – $1000Thai Baht THB 17760 – Thai Baht THB 35520
3+ Bedroom Apartment in Thailand$700 – $2000+Thai Baht THB 24864 – Thai Baht THB 71040

Cost Of Rent And Accommodation In Bangkok, Thailand Summary: $200 – $600 per month

Cost Of rent and Accommodation in Bangkok Thailand for an apartment

Here is a table of expenses for the Cost of Rent and Accommodation in Bangkok, Thailand per month:


Average Monthly Rent and Accommodation In Bangkok Thailand
USD $ Thai Baht USD/THB THB
Studio Apartment in Bangkok Thailand$200 – $600Thai Baht THB 7104 – Thai Baht THB 21312
2 Bedroom Apartment in Bangkok Thailand$500 – $1000Thai Baht THB 17760 – Thai Baht THB 35520
3+ Bedroom Apartment in Bangkok Thailand$800 – $2000+Thai Baht THB 28416 – Thai Baht THB 71040

Cost Of Rent And Accommodation In Chiang Mai Thailand Summary: $150 – $600 per month

Cost of Rent and accommodation in Chiang Mai Thailand apartment

Here is a table of expenses for the Cost of Rent and Accommodation in Chiang Mai, Thailand per month:


Average Monthly Rent and Accommodation In Chiang Mai Thailand
USD $ Thai Baht USD/THB THB
Studio Apartment in Chiang Mai Thailand$150 – $600Thai Baht THB 5328 – Thai Baht THB 21312
2 Bedroom Apartment in Chiang Mai Thailand$400 – $1000Thai Baht THB 14208 – Thai Baht THB 35520
3+ Bedroom Apartment in Chiang Mai Thailand$700 – $2000+Thai Baht THB 24864 – Thai Baht THB 71040

Cost Of Rent And Accommodation In Phuket Thailand Summary: $250 – $600 per month

Cost of Rent and Accommodation in Phuket Thailand

Here is a table of expenses for the Cost of Rent and Accommodation in Phuket, Thailand per month:


Average Monthly Rent and Accommodation In Thailand
USD $ Thai Baht USD/THB THB
Studio Apartment in Phuket Thailand$250 – $600Thai Baht THB 8880 – Thai Baht THB 21312
2 Bedroom Apartment in Phuket Thailand$600 – $1000Thai Baht THB 21312 – Thai Baht THB 35520
3+ Bedroom Apartment in Phuket Thailand$800 – $2000+Thai Baht THB 28416 – Thai Baht THB 71040

Cost Of Rent And Accommodation In Pattaya Thailand Summary: $250 – $600 per month

Cost of Rent and Accommodation in Pattaya Thailand apartment

Here is a table of expenses for the Cost of Rent and Accommodation in Pattaya, Thailand per month:


Average Monthly Rent and Accommodation In Pattaya Thailand
USD $ Thai Baht USD/THB THB
Studio Apartment in Pattaya Thailand$250 – $600Thai Baht THB 8880 – Thai Baht THB 21312
2 Bedroom Apartment in Pattaya Thailand$600 – $1000Thai Baht THB 21312- Thai Baht THB 35520
3+ Bedroom Apartment in Pattaya Thailand$800 – $2000+Thai Baht THB 28416 – Thai Baht THB 71040

Cost Of Rent And Accommodation In Koh Samui, Thailand Summary: $250 – $600 per month

Cost of Rent and Accommodation in Koh Samui Thailand apartment

Here is a table of expenses for the Cost of Rent and Accommodation in Koh Samui, Thailand per month:


Average Monthly Rent and Accommodation In Koh Samui Thailand
USD $ Thai Baht USD/THB THB
Studio Apartment in Koh Samui Thailand$250 – $600Thai Baht THB 8880 – Thai Baht THB 21312
2 Bedroom Apartment in Koh Samui Thailand$700 – $1000Thai Baht THB 24864 – Thai Baht THB 35520
3+ Bedroom Apartment in Koh Samui Thailand$800 – $2000+Thai Baht THB 28416 – Thai Baht THB 71040

Cost Of Transportation in Thailand Explained

This explains the transportation in Thailand!
Cost of Transportation in Thailand

Public transport may be a better option for those who don’t have a car or want to reduce their monthly expenses. I suggest renting a scooter monthly to explore Thailand to its fullest potential. Budget around $100 to $300 per month in transportation and exploring Thailand. Also, if you use a taxi, tuk-tuk, or hire a taxi, always negotiate the price first. Never get in the taxi or tuk-tuk without clarifying the price first. This keeps you from getting scammed.

The public transportation system in Thailand consists of mainly 18 transportation options:

  • Try to rent a scooter monthly
  •  Use Grab Taxi
  •  Use Grab Motorbike taxi
  •  Songthaew taxi in Thailand
  •  find a tuk-tuk driver but make sure you negotiate the price
  •  Use a Normal Bangkok Taxi. Make sure you negotiate the price and make sure its metered
  •  Use the Bangkok MRT Subway
  •  The Bangkok Mass Transit System (BTS) Skytrain is one of the most affordable and fastest ways to get around in Bangkok because you beat traffic and get to your destination the fastest we use this all the time. 
  •   Carrier Vans
  •   Tour Buses
  •   Hire a private driver
  •   Rent a car, and This is the most expensive. I don’t recommend it, and Thailand has crazy traffic, so possible to damage your car.
  •   Use Ferries and take your rented scooter on it to explore different islands
  •   Cargo boats or ships
  •   use Water ferries
  •   Domestic flights to other islands
  •   Chartered seaplanes, which is extremely expensive
  •   Chartered helicopters are costly
  •   Use a kayak to get around the island.

Monthly Cost Of Transportation in Thailand: Table of Expenses in 2024

Here is a table of expenses for the Cost of Public Transportation in Thailand per month:

Average Monthly Transportation Expenses in ThailandUSD $Thai Baht USD/THB THB
Monthly Transportation Costs in Thailand including scooter rental$100 – $300Thai Baht THB 3552 – Thai Baht 10656
Taxi and Grab Taxi Rides Depending on distance per mile in Thailand$1 – $10Thai Baht THB 35.52 – Thai Baht THB 355.2
Bangkok BTS and MRT Transportation$1 – $5Thai Baht THB 35.52 – Thai Baht THB 177.6

Best Cost of Flights To Thailand Tips

Did you know you can fly one way to Thailand affordably? This is How:

  1. If you Fly to Thailand One-Way From New York City, the cost is $400 per person.
  2.    If you Fly to Thailand from Europe, Australia, and other Asian countries, the costs will be from $100 to $300 per person.
  3.   You Can Check On Google Flights here!
  4.   Also, if you Have Travel Credit Card Miles and frequent Flyer miles, you can fly to Thailand For almost free!
  5.   Try searching for low-cost airlines or fly during off-peak times or off season. If you’re determined to visit Thailand, book your flight as far in advance!

Cost Of Food In Thailand Explained: Monthly Food Table of Expenses 2024

Cost of street food in Thailand!
Cost of Food in Thailand amazing local street food in Thailand

Monthly Food Costs in Thailand cost $200 to $750 per month. You can save money if you eat at local food places, local markets, supermarkets, and street food. We recommend this, or you will spend way too much at tourist food spots daily, which will cost you a lot!

The Food in Thailand is truly world class! Skip the touristy food spots and only eat at the local Thai street food! The best food is at the local food stalls and street food. Your tastebuds will thank you.

We have been all over the world and still think about and dream of the food we ate while living in Thailand for 2 years! we can’t wait to move back to Thailand! and can’t wait to come back and eat the street food! we will also be making a dedicated article on the best food in Thailand, so stay tuned for that!

Here is a table of expenses for the Cost of Food in Thailand per month:

Average Monthly Food Costs in ThailandUSD $Thai Baht USD/THB THB
Local Food Markets, Street food and Local Supermarkets Per month (Budget Food Costs) in Thailand$200 – $500Thai Baht THB 8880 – Thai Baht THB 17760
Eating out at Mid range restaurants and expensive restaurants per month (No Budget) In Thailand$800 – $1000 +Thai Baht THB 28416 – Thai Baht THB 35520
More on the cost of food in Thailand!

Cost of Healthcare in Thailand

Safety Wing Health Insurance

Medical Tourism is massive in Thailand. You can get the same care in Thailand as you would back in the United States at 1/10th of the price back home. Many hospitals and clinics throughout Thailand provide high-quality care at reasonable prices. With many doctors that studied in the USA, UK, and Australia. I recommend researching the best hospitals for expats in Thailand.

We recommend The best travel health Insurance available by SafetyWing We always have travel insurance monthly for international trips and living abroad. It covers any health or medical procedure done.

We STRONGLY suggest that you also have it, especially if you live in Thailand as an expat, and we always use SafetyWing for international travel insurance and medical concerns. They start at $42 a month! It’s incredible and always reliable!


Cost of Taxes in Thailand by Percentage

Here is in-depth information for the cost of Taxes in Thailand for each type of Tax and make sure to contact a local Thailand Tax Professional for more Information:

Personal Income Tax in Thailand

  • Tax Type: Personal Income Tax
  • Tax Rate: 0% – 35%
  • Important Information:
    • Progressive tax rates from 0% to 35% based on income levels.
    • First THB150,000 of income is tax exempt.
    • Top rate of 35% applies on income over THB5 million.

Value Added Tax (VAT) in Thailand

  • Tax Type: Value Added Tax (VAT)
  • Tax Rate: 7%
  • Important Information:
    • Levied on sale of most goods and services in Thailand.
    • Standard VAT rate is currently 7%
    • Some exemptions apply like basic foods.

Corporate Income Tax in Thailand

  • Tax Type: Corporate Income Tax
  • Tax Rate: 0% – 20%
  • Important Information:
    • Standard rate is 20% for most companies.
    • Small companies pay 15% on first THB300,000 profit.
    • Additional local taxes also apply.

Property Tax in Thailand

  • Tax Type: Property Tax
  • Tax Rate: 0.01% – 0.7%
  • Important Information:
    • Levied annually based on appraised rental value of property.
    • Rates range from 0.01% to 0.7% depending on location.
    • Additional local taxes may apply.

Customs Duties in Thailand

  • Tax Type: Customs Duties
  • Tax Rate: 0% – 80%
  • Important Information:
    • Levied on imported goods into Thailand.
    • Rates vary from 0% to 80% based on the product type.
    • FTAs reduce rates for trading partners.

Table of Tax Rates in Thailand

Tax Type in ThailandTax Rate in Thailand
Personal Income Tax0% – 35%
Value Added Tax (VAT)7%
Corporate Income Tax0% – 20%
Property Tax0.01% – 0.7%
Customs Duties0% – 80%

Main FAQS Section About Thailand

Is Thailand a safe country to travel to?

When it comes to safety, Thailand is one of the safest countries in Southeast Asia. This is thanks to the country’s well-trained and experienced police force and low crime rate. As a tourist, you must be aware of local customs and precautions you should take when visiting Thailand. For example, do not flash your cash around or wear revealing clothing in public. Also, be respectful of the Thai Culture; Buddhism makes Thailand an Extremely safe country.

What is the monthly cost of living in Thailand?

The cost of living in Thailand, on average, is around $1000 per month. This includes rent, food, transportation, and other costs like utilities and phone bills. If you’re looking to move to Thailand or are planning a long-term trip there, be sure to factor these costs into your budget beforehand. There are many great places to live in Thailand, and the cost of living is extremely low compared to many other countries! So, whether you’re looking to live in Bangkok, Chiang Mai, Phuket, Pattaya, or any other city in Thailand, the monthly cost of living will be much lower than in your home country.

How Much does it cost to live in Thailand?

Thailand is one of the most cost-effective places to live in Asia. On average, living in Thailand costs around $600 to $1200 per month. 

What is the Cost of Utilities in Thailand?

The Utilities in Thailand Cost around $50 to $150 per month, depending on your energy consumption!

What is the Cost of Accommodation in Thailand?

The Cost of Accommodation in Thailand costs around $150 to $600 per month.

What is the Cost Of Living in Thailand Vs USA?

The Cost Of Living in Thailand is around 80% less than living in the USA, and the average monthly Cost of living in Thailand is $600 to $1200 per month in Thailand vs $5000 to $8000 per month living in New York City, United States.

What is the Cost of Food in Thailand VS USA?

The Cost Of Food in Thailand is 50% less than in the United States. Monthly Food Costs in Thailand is from $200 to $300 per month.

What is the Cost Of Rent in Thailand VS USA?

The Cost of Rent in Thailand is 81% less Than in the United States A 1 bedroom apartment costs $150 to $350 per month on average, and 1 bedroom Apartment in New York City, United States, Costs over $2000 per month.

What is the Cost Of Accommodation in Thailand vs USA?

The Cost of Accommodation in Thailand is 81% less Than, in the United States; a 1 bedroom apartment costs $150 to $350 per month on average, and 1 bedroom Apartment in New York City, United States, Costs over $2000 per month.

What is the Cost of Transportation in Thailand vs USA?

The Cost of Transportation in Thailand is 50% less than in The USA; monthly Transportation Costs in Thailand Costs from $30 to $150 per Month.

What is the Food Expenses In Thailand?

The Food expenses in Thailand is from $200 to $500 per month. Make sure to eat the local Food to save more!

What is the Rental Expenses In Thailand?

The monthly rent for a 1-bedroom in Bangkok is from $250 to $500.

What is the Expenses for a Single Person in Thailand?

The Expenses for a Single Person in Thailand is from $600 to $1200 per month all expenses.

What is the average cost of Rent In Thailand?

The Average cost of rent in Thailand is around $200 to $600 Per Month in Bangkok, Phuket, Pattaya, and Chiang Mai.

What is the average Cost of Accommodation In Thailand?

The Average cost of accommodation in Thailand is $150 to $600 per month.

What is the average Cost of Transportation In Thailand?

The average cost of transportation in Thailand is about $2 USD per day or $60 to $200 per month. This includes renting your scooter and everything from taxis to rental cars to buses and trains. It’s important to factor in the price of food when figuring out your monthly expenses in Thailand! There are various ways to get around without spending too much money – choose the best option! For those who want to travel on a budget, renting a motorbike or bicycle can be a great option. Alternatively, using public transportation can be a great way to get around. Buses and trains can be convenient and cheap, while cabs can be a good option when traveling in large cities. And if you’re looking for a bit more luxury, renting a car can be a great option. Just be sure to factor in the price of food when budgeting – food is often one of the most expensive items in Thailand!

What is the Average cost of Utilities in Thailand?

The Average cost of Utilities is around $100 to $200 per month.

How much does a typical Thai person earn per year?

The average Thai person earns around THB100,000 (USD3,700) per year. 

What is the average cost of rent, food, and utilities in Thailand?

The average cost of rent, food, and utilities in Thailand Costs around $600 to $1000 per month.

What is the Cost of living in Bangkok, Thailand?

The Cost of Living in Bangkok is around $750 to $1300 Per Month For all expenses.

What is the Cost of living in Koh Samui, Thailand?

The Cost of living in Koh Samui costs around $800 to $1500 per month.

How much does it cost to live in Thailand?

The Cost to live in Thailand Costs $600 to $1400 Per month for all expenses depending on your budget.

What is the Cost of Phone SIM and Internet Data In Thailand?

The Cost of Phone Data and internet is around $15 to $30 per month with AIS, True move, or Dtac. I recommend AIS or Truemove!

What is the Cost of Food in Thailand?

The Cost of Food in Thailand costs around $200 to $400 per month; try to eat at the local restaurants and street food for the best and cheapest food to stay on budget!

Is Thailand a cheap country to live in?

Thailand’s cost of living is approximately 80% less than USA. Thailand is Extremely cheap and affordable to live in.

Is Thailand a good place to live?

Yes, Thailand is a great and safe place to Live! It is alot safer and more relaxed than living in the United States.

Conclusion on the Cost Of Living in Thailand

We hope that you have found this blog post helpful! We have summarized the cost of living in Thailand and provided table of expenses, provided information on rent, accommodation food costs and more! we will be continually updating this blog post! also below there are a lot of excellent travel resources that will help you in your Journey around the world!

Travel Resources and Reliable Sources For Thailand

  • Travel Insurance: We always have travel insurance monthly for international trips and living abroad. We STRONGLY suggest that you also have it, just in case other digital nomads live abroad, and we always use SafetyWing for international travel insurance and medical concerns. SafetyWing is one of the few policies covering Covid-19, and they start at $42 a month! It’s incredible and always reliable! SafetyWing is perfect for Digital Nomads and long-term travelers!
  • Heath and Safety: We use the travel guides on the CDC website to research recommended precautions.
  • Official Thailand Tourism Board Tourist Friendly Site

If you want to keep up with our travels, go ahead and follow us on our travel page on Instagram @onelifepassportComment below what else you would like to know/see about our experiences traveling the world! Also, check out our YouTube Channel!

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