Bare Minimum Budget for living in Thailand

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The Narrow Gate

The Narrow Gate

Жыл бұрын

Looking to move to Thailand and live on a tight budget? Our latest video has got you covered! We break down all the essential monthly expenses you need to factor in, including transportation, rent, insurance, utilities, phone, and visa fees. With our bare minimum budget guide for living in Thailand, you can enjoy the beautiful country without breaking the bank. So, watch the video now and start planning your budget-friendly move to Thailand! Don't forget to like, share, and subscribe for more helpful tips and travel guides.
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@TheNarrowGate
@TheNarrowGate Жыл бұрын
You can deduct the 90 day check in fee if you are doing it yourself. I have always used a service. Sorry for the confusion. 🇹🇭
@iShootWild
@iShootWild Жыл бұрын
If you are married to a Thai citizen, do you still have to do the 90-day check in and visa renew every year?
@roybatterham5002
@roybatterham5002 Жыл бұрын
Absolutely. I pay nothing for my 90 day report because I take the five minutes necessary to do it for myself. Even when I used a service it was 1000 baht. 1900 is a total rip off
@iShootWild
@iShootWild Жыл бұрын
@roy, thank you so much.
@ChiangMaiThaiVideoVlog
@ChiangMaiThaiVideoVlog Жыл бұрын
Doing the 90 day report yourself is very easy. Like said, it can be done on line but driving by is also very easy and free of charge 😊
@dondobbs9302
@dondobbs9302 Жыл бұрын
I only pay a 1000BHT yearly fee for Assist Visa to do the TM30 for me, 1900 every 90 days? No.
@steverossgill3271
@steverossgill3271 Жыл бұрын
I am in northern Thailand.. my studio room is 2000b my water and electric is 500b I cook for myself at 100 per day 3k that's for a month. My motorbike I bought for 10k for running cost about 400b baht month I do a big wash one a month 100 baht and hand wash otherwise..... As I am over 70 insurance is not affordable! Phone data page 150.. special promotion from true. So I might get away per month with spending less than 7,000
@gettingslim186
@gettingslim186 Ай бұрын
Wow you are extreme budget! Bravo 👏
@jodyweikal7596
@jodyweikal7596 Жыл бұрын
Tony: Damn, we are all so lucky to have you both in our lives. You did a lot of work for us. Thank you VERY MUCH.
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Thank you very much! Needed to hear that today!
@DuneSeaJedi
@DuneSeaJedi Жыл бұрын
Now living in Hua HIn have done 4 90-day reports it is free. You MUST be paying a service! I go with my Thai GF to Bluport Mall every 90 days, it takes 15 minutes max then we get Gelati. In fact last time they just collected up all the passports for 90-day, stamped & returned them, 5 minutes done! I have a Non-O retirement visa. Would ONLY consider paying a service for my first time in-country and maybe if I lived in Bangkok, office is far up north & very crowded.
@TheWayner987
@TheWayner987 Жыл бұрын
Never paid any fee for my 90 day check-in? He must be getting screwed someway!
@beverlyweber4122
@beverlyweber4122 Жыл бұрын
Good video. Funny enough, I just put together my own retirement budget for Thailand yesterday, and it's fairly close. Helpful tips: #1 Take a long vacation/mini-retirement BEFORE moving over. Other than enjoying it as a vacation, spend at least a month living on the budget you plan to live on once you officially move over. Tip #2. Put aside enough money for settling in, at least $8000 usd (just in case/mad money) in addition to whatever monthly retirement funds you have coming in. It's nice to have that fund for deposits, exploring the area, trying out an airbnb or whatever. If you don't use it, then keep it as a safe fund.
@pensionandapassport
@pensionandapassport Жыл бұрын
Agree. 100 percent you are going to spend more money the first month. If you get a girlfriend, double your budget plus some. Im in Hua Hin, I love it and I'm staying.
@mikebowle2368
@mikebowle2368 Жыл бұрын
you need bt50k monthly for an easy life
@pensionandapassport
@pensionandapassport Жыл бұрын
facts. i call it seed money. and it was more than i thought. as time goes on your spending will settle down. chase girl's, double plus your budget.
@worldview2888
@worldview2888 Жыл бұрын
You have very wonderful advice.
@beverlyweber4122
@beverlyweber4122 9 ай бұрын
@@mikebowle2368 Nice life! Totally depends on how you live, right? I spent my money on art supplies (my hobby). No booze or other vices. I am a widow, so no need to spend it on bar girls hahahaha😄
@RetiredGlobalLife
@RetiredGlobalLife 11 ай бұрын
Thanks for the video. Even though I know these issues, I always enjoy hearing someone speak about them. Thanks!
@JakesHomeServices
@JakesHomeServices 10 ай бұрын
Thanks, very well done. Best budgeting for Thailand video I have seen yet! Concise and to the point.
@TheNarrowGate
@TheNarrowGate 10 ай бұрын
Wow, thanks! Really appreciate that. 🇹🇭😊🙏🏻
@barbet85
@barbet85 Жыл бұрын
Thank you so much for this very informative video.
@worldview2888
@worldview2888 Жыл бұрын
I am VERY grateful to have randomly watched this video. This is one of the more honest and direct videos out there without any of those optimist views painting too much of a cheap and rosy picture.
@Hammocktraveller
@Hammocktraveller 8 ай бұрын
Thanks for your video. I would like to comment on a few points: the renting prices you supply are for one year lease. Since you make your budget on 4 weeks per month you would have to add a 13th month. Most expats are over 50 and the heath insurance can be double your plan. Entertainment is a big point. Ex. Let's say you take only one beer ( or other drink) per day, like at the beach, during the day plus one with your dinner you will spend 160 bats per day X 30 = 4,800, or double your budget, and we don't talk about a lot here.
@jackbaldwin3649
@jackbaldwin3649 11 ай бұрын
Thank you Tony and Kendall!! New viewer here and this is one the most helpful vids on Thailand I've seen (and I've seen so many now!)!! Thank you for discussing health insurance also.
@TheNarrowGate
@TheNarrowGate 11 ай бұрын
Thank you
@keithhenschke2449
@keithhenschke2449 Жыл бұрын
Thanks, more content like this!!!
@gavinp6609
@gavinp6609 Жыл бұрын
Another informative video brutha..
@keepitreal1547
@keepitreal1547 Жыл бұрын
Fantastic information for many, thank you.
@DarronSmithBahamianMillionaire
@DarronSmithBahamianMillionaire 6 ай бұрын
Perfect Info Bro!! Thanks a bunch and keep up the great content!!
@TheNarrowGate
@TheNarrowGate 6 ай бұрын
Thanks! Will do!
@ErikBlair
@ErikBlair Жыл бұрын
Another highly informative video! Thanks for these videos!!
@TheNarrowGate
@TheNarrowGate Жыл бұрын
My pleasure!
@Rafi-Tzur
@Rafi-Tzur Жыл бұрын
Thank you very much for the information
@kanojoe1968
@kanojoe1968 Жыл бұрын
Well done content 👏 👌 with links ... will definitely share this with expats , thank you !!
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Thank you 🙏
@keithd1219
@keithd1219 Жыл бұрын
Another very informative video. When I went on vacation in Thailand staying at nice budget hotels ($25+), doing what I want (im not a drinker or party person), excursions, eating mostly thai food cost me $2700 for the month (excluding air travel to get there). Thats while on vacation so I realize I could live comfortably there for about $2000 a month.
@frol7522
@frol7522 Жыл бұрын
If you're alone - can stay comfortable for 800-1000 usd per month, depends on place there you want to stay. Like you can rent comfortable house start from 200-400 USD monthly and buy food at grocery stores and feel well, like a starter package. Also depends on the person. I know retirements from States and Europe who has a good pension, but they prefer to stay in small rooms. So it depends on your lifestyle mostly. Because when you are traveling for a month like a tourist - you are spending more money. But when you are living here and become a local - you are spending less. Because it's nothing to pay for, nothing to go for every single day. Only not forget that everywhere in the world right now not good economic situation and prices for everything is going higher. And yea, health insurance. When I told about starter pack, i mean only monthly meals and rent. Like basic things for humans life and surviving :)
@keithd1219
@keithd1219 Жыл бұрын
@@frol7522 I agree with everything you said. Its all about your standard of living. My first trip to Thailand 15 years, I spent at least $150 per day on top of my hotel cost but I was in full party mode. Nowadays, I don't drink anymore or really party and being in a place most would call boring, is my paradise. I love thai food and the simple things in life and yes, I could easily live on a $1000 a month budget there but im fortunate and have an amazing pension so I really don't need to think about monthly spending...its just how I choose to live because I'm not flashy and enjoy a simpler life.
@frol7522
@frol7522 Жыл бұрын
@@keithd1219 Yep. Agreed with everything too. That's how adult people acting. In my opinion, if you are having a great pension and don't need to think about money management too much - Thailand can be great choice for you. Also, you know. It's only important to stay at the place with good ecology and everything is fine.
@keithd1219
@keithd1219 Жыл бұрын
@@frol7522 Are you currently living in Thailand and if so, what region. I prefer the west coast Phetchaburi vicinity. I've been east coast, which I actually like for the beaches but its too touristy, phuket was beautiful but again too many tourists, chiang mai too much smog and no beaches. When I eventually move there I'll do more exploration but always looking for recommendations.
@andreww3621
@andreww3621 11 ай бұрын
@@billygoat343 You're a dunce. Everybody enjoys different quality lifestyles. $200 is not even realistic unless you wanna have no life, live in a hut in the jungle, and eat like a peasant with no health insurance. Cheap Charlies love to preach about how "yOu cAn LiVe oN LeSs tHaN xyz HeRp DeRp!" Just because you're ok with that doesn't mean it works for the next person. But while we're at it, why not live on $100 and really show off?🙃
@roblacyclist1170
@roblacyclist1170 Жыл бұрын
Excellent estimates, suggestions and tips in this video, Tony. I would do the best health insurance possible, but the bare minimum is better than none, for those on a bare minimum budget.
@johnmycroft3065
@johnmycroft3065 Жыл бұрын
Thanks so much your the man :)
@patnewman1
@patnewman1 Жыл бұрын
One of the better videos out here on the subject of pricing in Thailand. I live extremely well on $1400 US per month and at times less than that. I have a 3 bedroom 3 bath house in Doi Saket but live alone and only have the extra rooms for visitors who come over.
@patnewman1
@patnewman1 Жыл бұрын
@@billygoat343 No roommates for me. I have a big house because friends and family like to visit Thailand and I let them stay with me.
@whatsname2649
@whatsname2649 Жыл бұрын
Not familiar w that place. Will look at map. I'm heading to Thailand & came up with that number for me & the bride. I'm retired & don't need much. Unlike you, I do drink, but not much & not in bars. I'm curious what rent is for a place like yours. Sounds like you live well. 👍🇹🇭💸
@patnewman1
@patnewman1 Жыл бұрын
@@whatsname2649 22,000 baht per month.
@snave59
@snave59 11 ай бұрын
@@billygoat343 Why would you need a room mate? Thailand is a very cheap place to live.Twenty five hundred baht is less than $750 a month.That is very inexpensive.
@snave59
@snave59 11 ай бұрын
@@patnewman1 That's a lot for Thailand.That is around $650.Most places are nowhere near that much.Usually half that or less.
@MarkBennett007
@MarkBennett007 11 ай бұрын
Good down to earth vid….Thank you
@TheNarrowGate
@TheNarrowGate 11 ай бұрын
Thank you 🙏
@bradley_Bradley
@bradley_Bradley 11 ай бұрын
Great Vid !
@Dutchy695
@Dutchy695 Жыл бұрын
Good clear presentation of expenses thanks
@whaytay5322
@whaytay5322 8 күн бұрын
Good information that covers everything to live in Thailand. Thanks.
@TheNarrowGate
@TheNarrowGate 8 күн бұрын
Glad it was helpful!
@trentthai
@trentthai Жыл бұрын
Thank you for the wonderful information. I am planning to move there in the 4th 1/4 of this year.
@quantumleap7441
@quantumleap7441 Жыл бұрын
Excellent info
@Stuclinton
@Stuclinton Жыл бұрын
That's very accurate I'm basically having to live on that budget at the moment due to things out of my control I'm down around €400 a month so I'm living on around $600 it's not terrible I get to do a lot I also have a scooter and a big bike cbr650f that uses a bit more fuel. Im not really a drinker so I save a lot from that I cook a few meals at home. I honestly not living a bad life I'm doing loads of things more than I could ever do in the uk where I used to live. But I'd recommend that you have at least $1000 a month to live a better life min.
@frol7522
@frol7522 Жыл бұрын
Extremely right, agree 💯 No cap 🧢
@whatsname2649
@whatsname2649 Жыл бұрын
Sage advice! Amazing how well y can live on so very little. I come from N.Y. I wish I knew about S.E. Asia 30 yrs. ago. Vietnamese & Thai ppl got it right! 👍🇹🇭 💸
@whatsname2649
@whatsname2649 Жыл бұрын
Yeah, for me not less than 1k, probably $1,200-1,300. That's for 2 ppl. Rent is the big factor, it can vary, food, assuming you're eating the same from month to month, is a constant. Low rent priority w me. Thanks for response! 👍
@enough1494
@enough1494 11 ай бұрын
@@whatsname2649 so for one $800 is enough! I took all his high numbers and it added to $725. I am not a drinker and will prolly manage quite well. I want to save a bit also, who knows I may stay and buy a little something! So exciting, so many positive news! Blessings
@ilseh2970
@ilseh2970 7 ай бұрын
30000 is a teacher's salary. I can live with it. Simple, slow life.
@stuartcoutts3898
@stuartcoutts3898 Жыл бұрын
Awesome video Tony…well done 💯✝️
@darkmattersproject2951
@darkmattersproject2951 Жыл бұрын
Excellent presentation. Good information
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Thank you!
@paulfine1883
@paulfine1883 7 ай бұрын
I agree with your estimates based on the research I have done, great job.
@TheNarrowGate
@TheNarrowGate 7 ай бұрын
Thank you!
@cheekyboy5000
@cheekyboy5000 Жыл бұрын
Just an FYI. ;I'm Koh Phangan. Paying 20k baht per month for rent. Prices went up in the past 6 months due to post covid travel boost, and also folks from Russia and the Ukraine coming in large numbers to avoid the war. I might move north to Chiang Mai or pai in 6 months when my time here is up. 15-40k per month is now typical here for rent, sadly. If readers want island life, then Koh Samui is more affordable. They have condos and cheaper rental deals there.
@keithd1219
@keithd1219 Жыл бұрын
I definitely want to check out Pai as I've heard its very beautiful there and not super popular with tourists, which drive prices up.
@hookywookywithmalarkyman704
@hookywookywithmalarkyman704 Жыл бұрын
@@keithd1219 Pai is a tiny place , you will quickly get bored , & chiang mai is one heck of a polluted place, cant cross the road without tuk tuk drivers pulling up to harass you , i live farm lands of Surin & nice city .
@keithd1219
@keithd1219 Жыл бұрын
@@hookywookywithmalarkyman704 Thanks...can't say about Pai but I agree with you about chiang mai...I don't see why its so popular. I checked out Surin based on your recommendation but I think I'd have to speak much better thai as I don't think there's a lot of English spoken there 👍
@hookywookywithmalarkyman704
@hookywookywithmalarkyman704 Жыл бұрын
@@keithd1219 Surin is rice growing country the city is easy to wonder round & no girly bars, folks as always very fiendly & close to prasat / chong chom market towns, i call this the "real thailand" cos ive done all the rest, & settled here, cheers !
@garykinard7553
@garykinard7553 Жыл бұрын
@@keithd1219 I lived there for a while. Many moons ago it was a drug and hippy town. Great place. Now, be very careful. It's just a tourist trap and and heavily policed.
@ahling200
@ahling200 11 ай бұрын
Thank you for all the information. I’m plan to retire in ThaiLand so this video help a lot 😊
@TheNarrowGate
@TheNarrowGate 11 ай бұрын
Glad it was helpful!
@gowhereulike
@gowhereulike Жыл бұрын
Thanks. ❤
@bamboo6044
@bamboo6044 Жыл бұрын
Very good estimates, and spot on regarding utilities, for 35m2 condo with one AC running almost 24/7 I pay 110thb a month for water, and 1500 for electricity in BKK
@John-ds6jz
@John-ds6jz 11 ай бұрын
How much is the rent ? 👍
@bamboo6044
@bamboo6044 11 ай бұрын
@@John-ds6jz 15k
@maudhan
@maudhan 6 ай бұрын
very informative
@TheNarrowGate
@TheNarrowGate 6 ай бұрын
Glad you liked it
@WanderingWolf365
@WanderingWolf365 Жыл бұрын
Super helpful. If I could make 1 suggestioin is to have a running list on the side - WW
@sherya.7067
@sherya.7067 5 ай бұрын
thanks a lot
@DawnDelVecchio
@DawnDelVecchio Жыл бұрын
Very helpful and insightful - thank you! Living several months a year in CM though, I'd say 65 THB for a meal these days, even in CM, is slumming it. Better to shop at the talad and cook yourself. But then again, for a low rental, you may not have a kitchen. 🤔
@iShootWild
@iShootWild Жыл бұрын
Great info! I am glad to learn that I can survive with US$1000 in Chiang Mai.
@darp007
@darp007 Жыл бұрын
Very good expense buckets info. Good base to start for people planning long term. Your videos are really cool. About the Visa's I saw some offices with notifications about educational visa's when I came there. Do those give better deals for long stays for solo travelers? (for e.g. taking a course of Thai culture or language for 1 year+ stays). I guess the 90 day reporting is unavoidable in any case:) I saw those Elite programs and they seem damn expensive considering its still just a sugar coated tourist visa. I guess taxation and visa types is one area where Thailand needs to improve. What are your thoughts?
@TheNarrowGate
@TheNarrowGate Жыл бұрын
The ED visa is a good one to start off with. You do, however, need to go to the class whatever you take. They are checking to make sure now.
@bitemenow609
@bitemenow609 Жыл бұрын
Good video. I can tell everyone you have to have AC, A western shower, A condo or apartment with services close enough to walk to. Some places you can get western food when you want it. Get a place you can cook at. This will save you a bunch.
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Thanks for sharing
@HouseofHollands
@HouseofHollands Жыл бұрын
We will be in Chaing Mai from 8th to 24th April and would love to take you both out for a meal. Love your channel and vids.
@TheNarrowGate
@TheNarrowGate Жыл бұрын
That sounds great, thank you so much!🙂
@HouseofHollands
@HouseofHollands Жыл бұрын
@@TheNarrowGate how will I contact you?
@TheNarrowGate
@TheNarrowGate Жыл бұрын
You can send me an email: tonyatsc@yahoo.com
@hfc6535
@hfc6535 Жыл бұрын
Cheers for that. I'm looking at retiring to Thailand later in year. As a 67 year old health insurance is a bit of stumbling block .
@RubbishChrisHammond
@RubbishChrisHammond Жыл бұрын
Go to Thailand on a tourist visa , once there get an O retirement visa (or see an agent ) no need for health insurance
@destinationsunknowntheroadsles
@destinationsunknowntheroadsles Жыл бұрын
Health insurance here is very expensive and horrible next to worthless. Just make sure you have enough saved for that time. I have saved thousands just avoiding the insurance games.
@Shawn-pd8sy
@Shawn-pd8sy Жыл бұрын
Thanks my friend. Very helpful video. I maybe coming to Chaing Mai to look around in May. Do you think Chaing Mai is a good city to retire in?
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Yes!
@mangostickyrice555
@mangostickyrice555 Жыл бұрын
Thumbs up 👍
@consulthai
@consulthai Жыл бұрын
I think you left out medical and dental expenses since you only included inpatient insurance. Also left out maintenance and Rego for bike, like a new tyre which from memory you needed. Also buying clothes and shoes as replacements needed due to wearing out. I know you're trying to work on bare minimum but for instance if you want some western food or a few beers,or especially wine..I mean ok, bare minimum but if you're really that skint it takes away from the pleasure of living. Anyway I would add another 5000 baht for some of the things I mentioned under the heading of miscellaneous..which brings up the bare minimum budget to 30,000 baht. The biggest variable is rents as for 8000 baht you only get a room of about 30sq.mtrs. To me that's a bit of a cause for cabin fever which may force you out a lot and we know that costs money. I would say a one bedroom condo about 50sq.m+ would be the minimum to live a decent life as a single man. In Chiang Mai in a oldish condo building but with a pool that could cost you between 12 to 15 thousand baht. So say add another 7000 and now we're at 37000 baht a month. Now you live a pleasant life at better than bare minimum and compared to where you come from your laughing all the way to the bank. Another thing you didn't factor in is the cost of a retired visa which has conditions of lump sum monies deposited in a Thai bank which is an opportunity cost to you because 400,000 you can't touch at all and the full 800,000 you can't touch for 5 out of 12 months. And that opportunity cost depending on what interest rate we work with can amount to 20 to 30 thousand baht a year. Plus another issue might be the exchange rates which you can't control as you need to replenish your funds for visa purposes.
@georgequek7996
@georgequek7996 8 ай бұрын
Don't worry about the budget or cost of living as long i can afford it and rich enough to stay for twelve years in BKK, Thailand kap!🙏👍
@vitaly244
@vitaly244 8 ай бұрын
Thank you so much for definitely useful information. I am not English native speaker and unfortunately no one Russian spoken person didn't share information like that. I really appreciate it
@TheNarrowGate
@TheNarrowGate 8 ай бұрын
You are welcome!
@Insearchforenlightment
@Insearchforenlightment Жыл бұрын
$1000 a month is livable for a single person, unless that's not your lifestyle. I know retirees who receive $3k+ a month via social security and savings. However, it's important to remember that accidents can happen, which could disrupt your monthly budget. If individuals want to retire in Thailand in their 50s or 60s, they should consider who will take care of them in their 70s. In the United States, many people in their 70s have health issues. Therefore, enjoy your retirement years to the fullest until you can't anymore.
@LouisTheTraveler76
@LouisTheTraveler76 2 ай бұрын
Great video - you are one of my top sources from great Thailand information, thank you! As a scooter/motorbike rider, do you agree with (what I hear) that it can be dangerous -. accidents/fatalities from traffic light bolting? Or is that overblown? Thanks again.
@TheNarrowGate
@TheNarrowGate 2 ай бұрын
It’s definitely dangerous here. I make sure to wear a riding jacket and a good helmet.
@LouisTheTraveler76
@LouisTheTraveler76 2 ай бұрын
@@TheNarrowGate Thank you for the honest and good information. Another youtuber on Thailand I like literally zips and weaves between cars so I should have known lol. I'll leave a tip on the next video, thank you for the great content.
@norrisbethke7770
@norrisbethke7770 Жыл бұрын
According to the time this vid was posted, you’re up very, very late or very, very early lol..yes, many variables depending on each individual’s needs or wants..came to Tland once for 3 weeks so brought $1k knowing I’d be treating a lot of people to dinners, but returned to US with $600 of that…so….anyway, thx for the vid..kop 🙏🏻🇹🇭…and Happy Easter to you both 🕊
@saleemakhtar87
@saleemakhtar87 Жыл бұрын
Great vlog, extremely good accounting work, nice to know $1000 per month is doable in Chiang Mai....Thanks!!!
@garykinard7553
@garykinard7553 Жыл бұрын
I lived in Thailand for years on that budget if I wanted to (big difference) . As an American as soon as they required the 800k in the bank that all changed. Or of course proving 65,000 baht / mo. being deposited in a Thai bank from the US.
@stupot1952
@stupot1952 Жыл бұрын
I got a great agent to look after my visa I never go for my 90 days they do everything for me really good move I made
@brentonlett3417
@brentonlett3417 Жыл бұрын
One thing to consider is do you really want to come to Chiang Mai just to live as cheaply as possible? I know some have no options and I understand that. I budget around $2500AUD a month as realistic because I do want to enjoy my life rather than just existing. You don't need to rent a condo you can rent houses for 6000-10000 baht a month. There are options. Everyone is different. I understand Tony has to start somewhere don't give the guy a hard time over his estimates.
@kaliberconsulting5884
@kaliberconsulting5884 11 ай бұрын
good video. thankfully I won't need to utilize these strategies.
@abelincoln3261
@abelincoln3261 11 ай бұрын
800 THB is $ 23 US a month, ( $ 1.00 U.S is 34.73 BHT as of today June 20th 2023. )
@sasportswearandsigns2573
@sasportswearandsigns2573 Жыл бұрын
great information, messaged Robert as i am a diabetic type 2 who takes insulin. looking to visit for a month first. retired and 62. So believe it would be a retirement visa required.
@Mike-du1dc
@Mike-du1dc Жыл бұрын
Having lived in CM I think your prices are pretty good on most things. High on Visa as it seems your using a service? But also low on many things like meals. 65 baht per is do-able but most will exceed that. Other things like condo rent is good as you said 6-8k a month. Overall I think your pretty accurate at 25k for a person. We averaged 30-40k for a couple but owned our condo & ate out a lot back then 😉
@anna_m59
@anna_m59 Жыл бұрын
I think his calculation is for long term rent because you can’t rent for 8 k a one bedroom month to month or 6 months periods
@Mike-du1dc
@Mike-du1dc Жыл бұрын
@@anna_m59 Yes sure as this is a expat channel it would be long term rentals 😉
@pozisus7712
@pozisus7712 8 ай бұрын
does that 6k meal cost still stands or is there a huge diffrence these days? great informative video!
@louis20122
@louis20122 7 ай бұрын
Remember foreign exchange rates. It might hurt or help your budget. You can sign up for alerts. Days that exchange rates are favorable, convert so your money can go far.
@miltoncamilo8974
@miltoncamilo8974 Жыл бұрын
First time see somone detail so well budget living in Thailand. This should be use as reference for anyone writing a book or editing videos. 11:21
@TheNarrowGate
@TheNarrowGate Жыл бұрын
❤️🙏👍
@jimsdad3739
@jimsdad3739 8 ай бұрын
You can spend as much or as little as you like. Don't let others make those decisions.
@abelincoln3261
@abelincoln3261 11 ай бұрын
5000.00 THB is $ 143.95 U.S. Dollars 8,000. THB is $ 230. U.S Dollars.
@AriesQfactor
@AriesQfactor Жыл бұрын
I think you did a good job spit balling as budget is soooo subjective. A couple of hopefully constructive comments. Absolutely zero westerners are going to come here and eat street food exclusively. I’ve never seen it. So I think that’s an unrealistic assertion. Maybe in time? But as westerners are not adapted to the bacteria’s alone they will suffer a bout of ‘Bangkok Belly’ likely more than once and that’s not even including what ‘no spicy’ means sometimes. I’ve seen Thai eyes water on ‘no spicy’. 😉 I suspect there are very few westerners that will endure Thailand without air conditioning which is the single greatest constant draw of current. Also some of is context. I’m in a stand-alone house that loses cooling really fast where condos/apartments will collectively stay cooler longer. Also last months prices were very high and are expected to reduce. But all things considered my considered very high 3,700 baht power bill last month works out to be 1/7th of the cost I was paying in Northern California. So still cheap relatively speaking. 👍
@TheNarrowGate
@TheNarrowGate Жыл бұрын
True, that’s why I titled the video “Bare Minimum “. 😊👍🇨🇷
@tmelitta51
@tmelitta51 Жыл бұрын
So by my calculations (I rounded up to 25K bht) and the current exchange rate as of 5/11/23 thats $800 (rounded up) per month... OMG. Now if I could convince my adult son and wife to make the leap. Id sooo be there and throughout Asia
@kingpincloser
@kingpincloser 4 ай бұрын
I pay 4,000 usd for rent in new york!!!! would you recommend getting your visa in the country or online? ( thx for the value ).
@TheNarrowGate
@TheNarrowGate 4 ай бұрын
Ask these guys. They will tell you what would be best for you for free. facebook.com/assist.thai
@whatsname2649
@whatsname2649 Жыл бұрын
Good video! Several questions: 1- you say public transportation will eat up my $. In Bangkok isn't that the best way to get around? Chiang Mai, maybe not. 2- insurance, I'm 70. In reasonably good health. Chart ended at 65. Agree w you about coverage for major medical. Everything else is an out of pocket expense. Leave contact info, unless it's linked, I'll check. 👍🇹🇭💸
@TheNarrowGate
@TheNarrowGate Жыл бұрын
We are going to do a health insurance video with agents in the next month. I will ask the hard questions.
@whatsname2649
@whatsname2649 Жыл бұрын
@@TheNarrowGate what about public transportation? Bangkok for sure, but don't know about elsewhere. 👍🇹🇭 Thanks for quick response!
@TheNarrowGate
@TheNarrowGate Жыл бұрын
kzbin.info/www/bejne/gGeZmYCQnJqgnKc
@johnderfler5183
@johnderfler5183 3 ай бұрын
Im 67 years old and on this budget, I'll have 10328 baht left over out of my monthly income. I think i can make it work on a education visa.
@TheBuddyShowWorldwide
@TheBuddyShowWorldwide Жыл бұрын
I pay 10k baht for a 1-br in Chiang Mai. I easily live on less than $1000 USD a month.
@Techfanatic73
@Techfanatic73 10 ай бұрын
Excellent as always. I am living off of about 1100 a month now on V.A. Sounds like I could manage there just fine. What worries me is getting a retired visa. How hard is it to stay beyond the 90 days or the year? I have been told you need to show proof of at least 2000 a month of income. Is that true?
@TheNarrowGate
@TheNarrowGate 10 ай бұрын
Yes, there are some income requirements for the retirement unfortunately.
@patrickglennon7058
@patrickglennon7058 9 ай бұрын
A lot of the visa agencies will take care of all the paperwork for you, money talks
@AlreadyShort
@AlreadyShort 9 ай бұрын
not true. thats what they want you to think because they dont want other expats to enjoy there. just go to an agent in Pattaya and they will get you a visa for around $300 a yr. the 800k in a bank is bs
@s.porter8646
@s.porter8646 8 ай бұрын
So you can either open a Thai bank account with 20,000 USD or show your military retirement/DD214 Showing proof of retirement income and you're good
@jeannesimpson2127
@jeannesimpson2127 Жыл бұрын
can you do calculation in Canadian dollars please for us foreigners it will be appreciated thank you
@enzos711
@enzos711 11 ай бұрын
Use a Calculator
@beaulong
@beaulong Жыл бұрын
Are we able to actually stay for a year and pay the fees? Really wanting to get my mom over here too but her retirement I don’t think is enough for the retirement visa. I get a pension but under 50. :)
@darkmattersproject2951
@darkmattersproject2951 Жыл бұрын
There’s a way around the visa fee’s
@beaulong
@beaulong Жыл бұрын
@@darkmattersproject2951 im all ears. 😉
@darkmattersproject2951
@darkmattersproject2951 Жыл бұрын
@@beaulong There are companies that will open an account for you with a certain amount of cash. They will then submit your paperwork thus avoiding that nonsense
@beaulong
@beaulong Жыл бұрын
@@darkmattersproject2951 cool. I will look more into that or take any recommendations you have.
@destinationsunknowntheroadsles
@destinationsunknowntheroadsles Жыл бұрын
I have survived here for twenty two years on the average of $600 to $700 USD with partner that includes everything including travel, hotels etc. I have a very good life here so no need to tell me I am poor and miserable in Thailand. Many Thais live on the average of 9000 to 10,000 baht a month. That works out to $300 a month USD. Speaking Thai not only saves you a great deal of stress but also money. My rent very nice home maybe 600 feet from the beach 3,000 baht a month.
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Who told you that you are poor and miserable?
@destinationsunknowntheroadsles
@destinationsunknowntheroadsles Жыл бұрын
@@TheNarrowGate I get that response often on other forums or even some comments on KZbin channels. I live in a old wood shack in Isan with no running water. Told not possible to live here for under $3,000 USD a month. I have heard it all.
@_Alfa.Bravo_
@_Alfa.Bravo_ Жыл бұрын
I'd like to see that beach please
@destinationsunknowntheroadsles
@destinationsunknowntheroadsles Жыл бұрын
@@_Alfa.Bravo_ Why? Superior to any tourist slum location. Miles of beach and no one around.
@_Alfa.Bravo_
@_Alfa.Bravo_ Жыл бұрын
@@destinationsunknowntheroadsles Golf or Andamanen ?
@abelincoln3261
@abelincoln3261 11 ай бұрын
140 THB per week is 606.20 THB per month.. you multiply times 4.33 not 4... there are 4.33 weeks in a month.. not an even 4.
@harleyrngr
@harleyrngr Жыл бұрын
I'm an American and retired here in Thailand. I'm living off if $1,200 a month and I'm living good. I live up in the northeastern part of Thailand known as Isaan.
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Awesome! I was in Issan about 45 days ago. Nice people there!
@harleyrngr
@harleyrngr Жыл бұрын
@@TheNarrowGate Yes, super nice people here and it's laid back as well.
@jjsc3334
@jjsc3334 Жыл бұрын
after the age of 65, no more health insurance coverage? have to leave the country?
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Talk to Robert, link in description. I think you will be surprised. 😊👍🇹🇭
@pedromiguel9202
@pedromiguel9202 9 ай бұрын
Name of this visa, please? Thank you
@darwinjina
@darwinjina Жыл бұрын
65 baht for a meal. I challenge a westerner to do that for every meal for a month. ;) Well, I couldn't do that. I want some curry and that is a bit more. Oh, and I'm addicted to Thai Tea from 7/11. That as well may be similar to coffee drinkers.
@zyrtec455
@zyrtec455 Жыл бұрын
Thai tea tasted awesome but far from healthy at all. Too sweet kub
@darwinjina
@darwinjina Жыл бұрын
@@zyrtec455 so true. so true. fwiw, I'm told its less sweet than US variants.
@frol7522
@frol7522 Жыл бұрын
@@zyrtec455 Right, because best way to drink Thai tea - make it by yourself at home. It's easy to do, cheap and you are can make in your own style. Great thing from Thailand for all the people, love Thai tea and can recommend.
@abelincoln3261
@abelincoln3261 11 ай бұрын
What apparently few seem to realize, if you are 60 plus let's say like me 66 years old healthy. I eat once a day.. most older men and women do not eat three meals a day.. No way. I'm 6 foot 187 lbs. Active.. No way I need to or want to eat that much.. So keep that in mind..
@GeMojo-vn2rf
@GeMojo-vn2rf 7 ай бұрын
Insurance is a racket. It inflates prices over time. Also, be aware and knowledgeable about the insurance you purchase if you decide to do so. Often hospitals refuse to accept it or accept it as full payment. BTW... I'm truly knowledgeable about insurance. I'm American. Again, it's a racket. If you do buy it I suggest only purchasing a catastrophic plan. Discuss your options with the hospital.
@damianfries7262
@damianfries7262 Жыл бұрын
must be that everyone here know the value of a baht to a us dollars? how about what is the value exchange?
@TheNarrowGate
@TheNarrowGate Жыл бұрын
www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=THB
@_Alfa.Bravo_
@_Alfa.Bravo_ Жыл бұрын
Indeed, long term more and more produktion will come and make the Baht very strong.
@kin-c72
@kin-c72 5 ай бұрын
How much does the scooter insurance cost per year?
@TheNarrowGate
@TheNarrowGate 5 ай бұрын
Around $100
@DuneSeaJedi
@DuneSeaJedi Жыл бұрын
Lving in Thailand north of PKK province is much cheaper for rent/food, etc. (excluding BKK), but if you add in the long term cost of asthma, bronchitis, COPD, lung cancer from persistent & increasing pollution even w/o burning it goes up exponentially while your lifespan & QOL decreases. Also, it can be cheap to eat out, but unhealthy, most is loaded w cheap/old oil, salt. Shop at local markets cook at home cheap, healthy! BTW my dream was to live in Chiang Mai, oh well.
@carstensanonym7527
@carstensanonym7527 11 ай бұрын
food is also loaded with plenty of sugar
@enzos711
@enzos711 11 ай бұрын
@@carstensanonym7527 Definitely Boils down to perspective.. Health Perspective, Logic and actual "Values"
@enough1494
@enough1494 11 ай бұрын
I got a quote for health insurance at almost $7,000 per year! Just WoW, any better ideas?
@enough1494
@enough1494 11 ай бұрын
WoW! I am sending your lead a message about the insurance. Also, think I could Jesper an agent to help me get in for a year at least. I am a retired teacher with a very small dog. Healthy and about to start my jubilee days! I do have a long time friend north of Chaign Mai, I am looking towards south of Bangkok, I am from Culebra, PR
@TheNarrowGate
@TheNarrowGate 11 ай бұрын
Did you get that for Robert? Insurance: Robert Jackson facebook.com/tihservices Email robert@tihservices.co
@anna_m59
@anna_m59 Жыл бұрын
I don’t think I could live on this calculation. I am researching for months and my numbers come up higher for one bedroom condo and other expenses..
@enzos711
@enzos711 11 ай бұрын
Title of video is "On a Budget"
@brunoheggli2888
@brunoheggli2888 8 ай бұрын
Just live like a monk!
@rotty66
@rotty66 Жыл бұрын
Is that 1900 baht every 90 day applicable to retirement visas?
@TheNarrowGate
@TheNarrowGate Жыл бұрын
Yes, I do use a service though.
@rotty66
@rotty66 Жыл бұрын
@@TheNarrowGate Thanks, I knew the 90 day reporting applied but didn't know there was a fee for this
@CarryOnRTW
@CarryOnRTW Жыл бұрын
@@rotty66 There is no fee to do the 90 day report. Ridiculously easy to do and no need to pay anyone to do something so simple. I do it online. Login to the website, hit the button to repopulate all the fields from your last report then hit submit. Done. Less than a minutes effort. If you aren't comfy with that, they have a drive thru/walk thru at the CM immigration office that bypasses all the other queues and just takes minutes.
@rotty66
@rotty66 Жыл бұрын
@@CarryOnRTW Brilliant, thanks
@kikgalaxy4358
@kikgalaxy4358 Жыл бұрын
I think 100 baht per meal is more reasonable. 65 baht is too frugal. At least, you should stay healthy with decent food and drinks.
@frol7522
@frol7522 Жыл бұрын
Because right now prices goes up and it's difficult to save same quality of food like before for the same prices. And it's every where, not only in Thailand. So it's new reality :))
@patrickglennon7058
@patrickglennon7058 10 ай бұрын
Chicken pad Thai is 50 baht in local restaurants in koh samui as an example, chicken noodle soup the same price.
@pedromiguel9202
@pedromiguel9202 9 ай бұрын
You said your estimated electricity costs were pretty high, but yet you pay that in double
@davidpattison5860
@davidpattison5860 Жыл бұрын
Hi there Your living costs are just about right , but not if you’re a bar fly as you say , I live in north east Thailand don’t drink or smoke, eat 99.9% Thai food, eat out 99% of the time or buy out and bring home , don’t have rent as have my own place , use AC quite a bit just now as it’s so hot and humid , last electric was 2370baht water is 119baht I also pay my mother in laws electric and water cost at around 700baht total ,own a pickup and use most days 10 to 20 km per journey , I’m not out buying stuff for the sake of having stuff like I did in the Uk when I lived there, my costs are around £600 and that’s for two of us , about $750 , that’s normal run of the mill living , western food and alcohol will greatly increase your living costs , but why move to Thailand and only eat pizza, burgers, steaks etc , best to stay in your home country and have them made the western way, I pay for lunch out for myself 55baht and that gets me rice and pork/chicken or curry or a similar Thai dish that comes with a fried egg on top as per Thai ways , they give you a free bowl of broth with it and a water , where I’m from that’s the norm , but don’t look for western friends in the area or expect anyone to speak English , I gave learnt enough Thai to order different meals and fill up my pickup with diesel , and a few other phrases but still learning every day
@frol7522
@frol7522 Жыл бұрын
Bro, if you are want to eat a western food for cheap prices - go to grocery stores. It's really not a problem to get a spaghetti for 60 baht per 500g pack and eat few days. Also bread and butter is cheap too. And right now I can't really call it western food, because it's globalization and and many countries people eating same food so in Thailand too. It's just a food, depends on people choice and what they are like to eat. Also can eat local Thai burgers or pizzas or sushi - for my opinion it's not expensive and sometimes really great, like a good home food from mother of your best friend at the childhood period. Eat international food - don't means go to the fancy restaurants all the time. I can order baguette sandwich from delivery for 150 baht in the middle, or I can go the grocery, buy bread, butter and meat and make my own sandwich. Oatmeal not expensive too, so.
@davidpattison5860
@davidpattison5860 Жыл бұрын
@frol People can eat whatever they want from wherever they want , imported food in any country is more expensive than local produce , eat whatever makes you happy that’s what I do and my choice is local Thai food from small kerbside restaurants/vendors , I wouldn’t know where to find a fancy expensive restaurant in the area I live , take care and enjoy
@CynthiaGonzales-eh9ms
@CynthiaGonzales-eh9ms 9 ай бұрын
Is there a clinic that accepts VA insurance?
@TheNarrowGate
@TheNarrowGate 9 ай бұрын
www.va.gov/COMMUNITYCARE/programs/veterans/fmp/index.asp
@s.porter8646
@s.porter8646 8 ай бұрын
If you need help with VA in Thailand reach out to me, I'm retired military as well
@petrschweigl1981
@petrschweigl1981 Жыл бұрын
Hey, Iam 20 years old and Iam planning to move to Thailand with 5000$ budget, but iam worried that thats not enough. Is it easy to find a job in Thailand? Thanks a lot.
@TheNarrowGate
@TheNarrowGate Жыл бұрын
$5000 a month and you live like a king! Depends on what type of work you are looking for.
@Techfanatic73
@Techfanatic73 10 ай бұрын
5000 a month? how in the world are you 20 making 5000 a month without a job? Just curious.
@markwick7898
@markwick7898 Жыл бұрын
500 k usa , own condo then invest rest at 6/9 percent, good condo Pattaya 150 k , 350 invested will get u 25 k even if u take 5 k off principal each year , that’s 30 plus , no rent or mortgage, unless your bar girl happy u could not spend it
@consulthai
@consulthai Жыл бұрын
I know this doesn't apply to you since you're living in Chiang Mai with your American wife in a house in a gated village and your budget is not the bare minimum you're presenting here . However there are many expats here and many more soon to come , who are 'coupled up' with Thai partners. I don't intend to have my own channel on KZbin but if I did I could present a bare minimum budget for the many mixed couples who are living the life of bliss 😉😃😊 in the Land of Smiles. Maybe I could help you with that video.
@bkkfarang4749
@bkkfarang4749 9 ай бұрын
90 day report can be done online for free and can be done in person for free.
@bkkfarang4749
@bkkfarang4749 9 ай бұрын
Your videos are done well and are informative. I've lived in BKK for 18 years.
@mac-kurgan
@mac-kurgan Жыл бұрын
Nice video. I emailed Robert 3 times about insurance but he never responds
@sammygoh
@sammygoh Жыл бұрын
Robert respond fast using whatsapp
@anna_m59
@anna_m59 Жыл бұрын
When I emailed him I didn’t get response either. I totally forget about him. Then I posted a insurance question on expats FB group and he send me a PM. After that he was very responsive via emails.
@brucesnyder690
@brucesnyder690 Жыл бұрын
I don't think you can live on 200 baht per day for food. Maybe eating grass. We pay from 500-800 baht per month for electric. Depends on air con use.
@foodsgonewild7435
@foodsgonewild7435 Жыл бұрын
Thai food at local family owned restaurant is around 40 to 70 baht. I think it will fit the bill
@anna_m59
@anna_m59 Жыл бұрын
Grass is free though.., but 200 maybe take you eat done good street food.
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