No one needs to LEARN how to live on $3,000 to $4,000 a month in southeast Asia. With that amount they just live where they want and spend money without really thinking. On $2,000 a month some care is needed. On $1,000 a month, strategic planning is needed. On $500 a month, a financial lifeline and serious prayer is needed!
The larger budgets are for Those people ,mainly men that Choose to live in the UA-cam Promoted well known Vice tourist zones for the reasons why 98% of the men retire here n Thailand Choose living areas Pattaya or Bangkoks Nana ,Asoke , Phrom Phrong , I live in a village 30 minutes outside of Thailands second largest city Nakhon Ratchasima /Aka Korat in Issan I Took care of My wife and our 2 children when they were little On $1870 USD a month I could live a little more extravagantly for my income $4K+ per mon But Its that Other Vice Stuff living in Those tourist zones That Ruins guys Health & retirement. . For me choosing to live here in Issan the Tranquility and true Spirit of the Thais re-energizes my passion for life It helps i speak Thai very well . I lived in Pattaya & Jomtien and Naklua all 3 from Tourist & married with house 1998-2014 Anyone still living retired in Those Vice areas after 7 -10 Yrs I'll be surprised .
My monthly budget is 4k usd per month living in Bangkok. However, my wife and I are spending closer to 3k usd per month. The quality of life is amazing here in Thailand.
Enjoying your content. I’m turning 74 next month so my life is certainly changing. Those things that mattered before don’t get much consideration these days. Medical is definitely making its presence known like it or not. I’m not crazy about the flight times to Asia. My wife is Filipino but she loves Thailand more than I do. Chances are slim to none that I will ever live in Asia but perhaps I have a trip or to left in me.
In the last 48 hours, 3 You Tubers have posted that $2600+/mo is the new norm for living comfortably as a single retiree in key Thai expat destinations. Finally, reality prevails with objective info. Problem is Thailand is now being overrun by settlers, and this will have an impact in the future, good/bad, I don’t know.
🎯 Key points for quick navigation: 00:00:14 *🏠 The speaker emphasizes that a $1,000 monthly budget isn't realistic for living comfortably anywhere, and plans to discuss budget considerations tailored for individuals around 50 years old.* 00:02:04 *🏡 Rent cost analysis reveals that USA rents range from $1,500 to $3,000 per month on average, while in Thailand, it's typically between $300 to $800, reflecting significant differences based on location and lifestyle.* 00:05:00 *🏘️ In Thailand, decent-sized homes can be rented for $500 to $800 monthly, providing an affordable living scenario compared to some parts of the USA.* 00:05:43 *🚗 Transportation expenses in the USA average $400 to $1,200, whereas in Thailand, the costs range from $100 to $300, aided by cheaper options like scooters and inexpensive public transport.* 00:09:24 *🍔 While groceries and dining out in the USA average $500 to $1,000, in Thailand, dining out can be cost-efficient, especially for local cuisine, although Western dishes might be costlier.* 00:12:49 *🏥 Healthcare costs differ greatly; in the USA, insurance ranges from $500 to $1,200 monthly, while Thai insurance is shown as way more affordable at $50 to $150 but might not cover pre-existing conditions.* 00:14:38 *🔌 Utility costs in the USA are $200-500, compared to $50-150 in Thailand, where only electricity costs are comparable to US rates.* 00:17:47 *🎓 Costs involving childcare and education in Thailand can become high, with international school fees potentially hitting $2,000 monthly.* 00:18:29 *🎭 Entertainment budgets vary, with the USA averaging $200 to $500, whereas Thai costs could be significantly lower. However, retirees like the speaker often spend more on activities and experiences.* 19:24 *🍻 Budget management in Thailand can be easier if one avoids excesses like heavy drinking, smoking, or excessive socializing.* 19:52 *🎬 Lower cost of living in Thailand includes affordable entertainment, like $5 movie tickets and $2 beers with ocean views.* 20:19 *🏠 It’s essential to maintain or improve quality of life when relocating abroad, rather than downgrading just to say you moved.* 20:34 *💰 Savings and investments vary widely per individual, with significant debt issues seen in the U.S.; some Americans are still millionaires.* 21:02 *📉 Lower monthly expenses in Thailand offer potential for greater savings from consistent income sources, like rentals or pensions.* 21:30 *🚀 Young people can survive on $1,000/month in Thailand, but should prioritize long-term savings and financial security over immediate gratification.* 21:58 *🌍 Residing in a less expensive country might enable more savings for the future, beneficial when Western income levels remain constant.* 22:26 *📈 Channel growth milestone: Planning a meetup in Patia when the channel reaches 5,000 subscribers, as interaction interest grows.* Made with HARPA AI
@@RamzeTravels of course the challenge with “deep dive” videos is lower audience interest unless it is kept somewhat short. Nonetheless, just understanding details of options on, for example, ordering food or which cell phone plans to consider would be helpful.
This might sound a little ignorant for sure but where would I search for apartments? I only know to look on Airbnb which I know is shafting me as I’m paying like $650 a month for a small 1bd/1br in CMX. It’s right next to Central Festival in a gated community with a pool, gym etc so its nice but compared to what you showed on screen at 5:04.. yeah lol I’m overpaying for sure. Any good sites you know of to find better deals?
If you’re only renting for a month or two than I would recommend Airbnb still. You’re not going to find much for short term and not possibly get scammed. If you’re renting for a year, there are Facebook groups for rentals for every city in Thailand. Start there.
Great to find a video about Thailand in this price range. I'm considering retiring for a few years in Thailand and have found it difficult to find a video that considers a budget towards €3000pm (a little more when converted to $)
Your content is very real. I am moving to the Pattaya area in November for retirement. Would very much like to see a meet and greet with you and some of the other u tubers that I have been following for years . Thanks for the education.. See you soon!
I just came across your channel and this is the first time i heard someone talking about the reality cost of enjoying Thailand in and a reasonable income. I am from Hawaii (Very expensive place), and i moved here to maximize my life style and not to be frugal...I live in a luxury condo in the fashionable Asok area which is pretty expensive month, but i like the convenience such as good restaurants, clubs, pubs and shopping malls...$1200 for 80sqm unit...I do go out four times a week to enjoy the culinary experience of Bangkok and clubs.. $2000 per month... Transportation is around $200 a month...Four times a week gym cost and massage..$200 per month ...Total expenses: $3600 per month...I also save $400 per month for future travel and other unforseen expenses. Total: $4000 per month...120,000THB...
$200/month transportation is that for taking all Bolt/Grab rides everywhere or or some or most BTS/MRT? I'm looking at living in the Sukhumvit area and I'm ballpark budgeting $7/day = $210/month for transportation not including any car trips to Pattaya or Hua Hin. Thanks
Currently as of August 2024 the AVERAGE new car payment in the U.S is around $748/month and $573/used car payment + $200/month is average car insurance now on one vehicle. Plus, parking, tollways, gas, and repairs. Car insurance in the last year has went up OVER 50% in California and Minnesota and 23% here in Texas.
I have had an overall positive experience with vets here and at about 10% the cost of the states. Don’t worry about that aspect when making your decision.
Good video I believe you’re spot on with your numbers . I’m also a former Las Vegan living on the dark side also. New York Pizza house is the best pizza in Pattaya .
Thank you for that video. I have really come to connect with your content recently. Our goals seem to be very similar. I want to be comfortable in my retirement, but i don't expect luxury. I want a nice comfortable, 'big but not huge' condo (no 25sm shoe box for me). I will probably eat out every day, maybe even twice a day, but it doesn't have to be a high end restaurant. I want to enjoy some drinks once in a while but won't be visiting the 'bar girl' bars. I find what you consider to be a comfortable lifestyle is what i am interested in when i go there.
This is quite balanced discussion. A wide range covering the most people considering SEA. However, the central theme is common - overall 25 to 30% of what one would spend in US. Spending 9K/month Vs. 3K/month is a huge difference in finances for expat retirees. If someone is wealthier, why not enjoy rich life in SEA. Very well explained. Thanks for sharing ! Aging being a fact of life, the home assistance, helpers, long term care or assisted living or whatever of that nature is similarly less expensive in SEA.
I've seen several cost of living breakdown videos for living in Thailand. It seemed like the info from various UA-camrs living in Thailand line up, so I'm feeling more confident about my income should I move there. I'm not sure if you know who Paul Lee is, but he's a US UA-camr living in Bangkok. My income level is averaging to be around his level. I guess I'll be living quite comfortably even if I choose to live in Bangkok.
ENTERTAINMENT expenses for EXPATS is the one variable that tends to sway. This expense is expecially at risks with males. 5:40 ENTERTAINMENT budget via movies, bowling, kite surfing, etc ... is alot different vs. NANA, Patpong, Soi Cowboy, Pattaya, notwithstanding the gold jewelry shop at MDK and China Town. Oh, did I mention the inevitable expense involved when you go - FARM FRESH? Seriously, your only limited by two things in Thailand. Your imagination AND the amount of money in your pocket ...
When we say that Thailand has a lower cost of living I personally think that the best value in Thailand is housing. You will get some combination of bigger and better housing and a more preferable location for less money than in the US. But this is complicated as well. I moved to Thailand from the San Francisco Bay Area. Almost anyplace in the US and Thailand will be less expensive than the Bay Area. So if you come from a moderate cost of living area of the US then the cost of housing will be less than in the US but not quite the huge difference I see. To complicate it more, suppose you own your house in the US. Your housing cost in the US will be insurance, property taxes, and maintenance. That may or may not add up to much. If you come to Thailand to rent then that is an additional expense and possibly you won't get much savings on housing in Thailand. You may be renting your US housing for income or maybe sold it and now have a large amount of cash. I was a home owner in the US and moved to Bangkok and rented a condo. I was located in Phra Khanong near a BTS station in a pretty nice condo building. This is a very good location toward the center of Bangkok. The condo was a 1 bedroom 50 sq meters (540 sq ft). My home in the Bay Area was only 950 sq ft so the condo space was quite comfortable for me. The room was furnished and the building had a beautiful pool and an OK gym. I paid 25,000 baht/month (about $750/mo) and the rent stayed the same for the 6 years I lived there. I think my trade of a suburban Bay Area home for a very nice rental condo in the city was a great deal. It's only a deal for me because I was ready to live a nice life in a big city like Bangkok. Bangkok is the most expensive location in Thailand but not all of Bangkok. You can get just about any level of housing in Bangkok. Pattaya, Chiang Mai, Jomtien, Hua Hin are going to be less expensive. Here in the Isaan countryside expats typically rent vey nice new detached homes in small gated communities.
Great topic as I plan to take the retirement visa route in Thailand in 2025. As a single guy in his 60’s, I can see $3000 - $4000 a month as my budget. It will actually seem like a lot more if you can pay the year’s rent in advance and be alleviated of that recurring cost; same with the monthly medical insurance.
That’s exactly what I did since I hate bills of any kind. You sound like you have a great plan. Cheers and best of luck on your well earned retirement! ✌️
Late 50's, paying almost $1,400 a month for my health insurance in the U.S. It's a good plan, which fortunately I haven't ever fully needed, but still a huge amount of money.
It’s one of the worst things about the USA unfortunately in my opinion. One shouldn’t have to work hard, pay taxes and live in fear of getting sick in what is always being called “the world’s greatest country “.
R-man I'd love to see screenshot videos of how its like and how fast it is to order local takeout food from Grab, ordering a local ride from Bolt, hearing your quarterly/annual conversations with a visa agent, and using your existing American Android or Apple phone to switchout a new sim card when you get to Thailand. As you know one of the companies I've owned for 15 years we help people and businesses move, marry, and work abroad (all countries not just Thailand) and I'm literally subscribed to hundreds of expat type channels. But the never or almost touched content niche is actually HOW to do the day to day boring daily life stuff in foreign countries. We all do without thinking this stuff in our home countries but need to see it being done on camera. IMO the biggest fear for people not moving abroad is how would they do their daily grinding it out life. Videos like: Screen capture videos on how to pay your electric bill through the MEA app and how do you pay you water bill. How do you get money in U.S bank/credit union accounts to Thailand then change out currency. What happens and what do you do if you get hit by a another car while walking or driving? What happens and what should you do if you get bad food poisoning? What happens or what should you do if you get bit or stung by a creepy crawly? What should you not do or say when ordering food from a street vendor or at a restaurant? If you have a medical emergency in Thailand what do you do? You do you call? In the U.S we all know to call 9-1-1. Can you still order from Amazon or eBay in Thailand? If not; show yourself doing actual ordering from Lazada and Shopee and how same items compare in price to Amazon (like the same dog carrier you bought from Amazon that was like 1/5th the price from Shopee. If you are taking preexisting prescription drugs how can you keep getting your same drugs if you move to Thailand? Are the gyms 24/7, what is the dress code, gym etiquette (in Japan for example you get shamed unless you wear baggy loose fitting clothes no tight skimpy outfits). If you need a handyman or babysitter, or dog sitter who do you contact? How to vet them. A whole channel could be dedicated to just shooting computer and mobile screenshots and phone conversations about what we all deal with everyday but in now in Thailand. It's not sexy, fun, cool, or cute content. But its 95% of all our daily lives but 99% of the expat content caters to that 5% sexy, fun, cool, and cute content because its easy and fast to make. Two Texas cents.
@@BO-mb8rr any recommendations for an agent in Thailand? I am setting up my affairs in home country, will next look at Thailand agent for visa advice, etc. I could probably do it myself, may nectfdioys, I just prefer doing other things more 😊
@@smileoften-ft3hq DO NOT do it yourself. Spend the measely couple hundred dollars using agent services. Its the best money you will ever spend in Thailand.
Firstly, big props for pronouncing Pattaya the way the Thais do - anyone who wants to argue the toss needs to ask themselves how they would feel if newcomers pronounced Worcestershire or Arkansas the way it is spelled. I understand why you are quoting prices in USD but unless you have a landlord who accepts that currency (usually an inflated figure for newbies), the baht figure is the one the rest of us relate to. I've known Farang who [aid as little as 3k baht a month for a room in Pattaya and others who were paying well in excess of 50k baht in BKK. Thanks for the vid.
Half my audience is American and the majority are westerners who can figure the dollar faster than the baht. When I do other vids on price comps I usually put both. Little last this time I guess since it was so much info to get in. Thanks for sharing
EXCELLENT! 3k a month minimum with a woman and if you want to travel in SE ASIA or even within Thailand. You can live on 1000 if you live REALLY BASIC , have no car , cook some of your own food and don’t travel and have no woman.
Those cheaper schools are not true international schools. You need to pay at least 20k to get a decent western standard education and recognized qualifications.
My favorite places in Thailand would be impossible to spend 3000/month even if you wanted too. Even in the outskirts of Chiang Mai where I live it's too much hassle to drive into the city to find expensive foods on a daily basis. I would have to literally go out of my way and spend my day driving to spend that much a month. My house in the mountains only has maybe 10 places to eat in the whole town and they close by 7-7:30. Some weeks I don't even spend 1000 baht on food. 😂Never been to Pattaya but clearly this is a whole different world than up north.
From what I experienced, living on 3000$ per month for a couple is doable..No need for a car, just use the Baht buses and bolts..I’ve met a lot of expats living well..Having breakfast in their rental condo ( fruits, hard boiled eggs and yogurt )..Eating out for lunch and supper..No need to cook..In Canada I spend 42K just on rent and car expenses..I know it’s crazy..
My friend Milton, a kiwi, owned a Thai dive shop and dive boat...the Thai crew made him western food...after 25 years in Thailand he simply could not eat Thai food.
I think it’s really important to know the ‘hidden’ or easy to forget costs, because they mount up quickly. I’m in my fifties as well and health insurance coverage is critical. So is avoiding dangerous things at my age like riding scooters or motorbikes. I did wonder if you have a recommended amount for an emergency fund? People usually forget Murphys law lol😮
Vegas is still cheaper tham almost anywhere USA, Arizona too, but here in Tampa and Miami Florida it's around $3000 to $5000 per month. And that's cheap compared to NY and San Fran.
I’ve lived in Bangkok for 5 years, Phuket for 1 year and Chiang Rai for 1.5 years In my opinion, $3000 a month in Bangkok is sufficient, you won’t live large or save anything but 100,000 a month is a decent living (assuming you have a GF and not dating around) In Chiang Rai, you’re a king on $3000 a month, I mean do whatever you want and have a dope 2 bedroom condo or house
A good 2bd apt in a good area of Bangkok like ThongLor or Silom is $2500/mth+. Still about half the price of a good apartment in most big cities in the West but this whole idea that Thailand is 1000x cheaper has to die. It's not true at all.
Without going into too many details, my experience with Thailand is that the sky is the limit as to what you can spend, but what is necessary is a different story altogether. Think of it as two separate budgets. What you have to spend every month, and what you spend on everything else. The what you have to spend to be comfortable budget? Maybe 50,000 baht. Everything else? At least 500 baht a day. Probably more like 1000. And if you're into all the crazy nightlife, then add thousands to those amounts.
If your coming here to Bangkok and your single and ONLY eat “ street Thai food” not restaurant Thai food $3000 usd might be enough if you have NO habits ! I would NEVER come to Bangkok to live without 5k USD a month or more it’s NOT cheap to live luxury in Bangkok specially if you eat western food! Also ALL newer condo 1 bed room SUPER small and you will be in “ dorm “ situation trust me I buy and sell condos here so once needing more space and want newer condos your in a higher price specially in Bangkok .. cheaper living can be found in Pattaya or other beach areas sep maybe Phuket which is slightly higher then other beach areas
Some good thoughts 👍 Regarding health insurance, I am 70 good shape, will be 72 when 100% Thailand. Any thoughts if 2 1/2 million baht cash is reasonable to set aside strickly for health as I think no insurance company interested in me. And of course probably just ready to die after a fantastic life if cost exceeds that. Take care
I think it’s a reasonable amount. My actual policy is for 2 million and I was told it’s sufficient. One can’t plan for every possible outcome but you seem to have a good grasp.
I think that should cover most and Vietnam isn't far away if needed at some point too. Feel the same as I never expected to even get over 30 and now it's over 65 ! All else is extra icing. 😊
@@mauimixer6040 ditto. I remember very young sitting in a bar looking over at a guy celebrating his 28 birthday and I thought same as you, ill never make it to 30 😂 And yes, blessed with good health at 70 so far the rest is bonus 👍
It’s gotten so bad that I wonder how a millionaire can survive long term? It’s like they want you to work until you die. So damn sad. My favorite part about Vegas and the reason I loved it for 25 years was there was a price point for everyone. That is no longer true.
I keep trying to do it for less up here in Chiang Mai but... I track my spending amd it keeps being around 120k baht a month. A bit more than my SS but I'll get to the finish line with a smile.
Why do you give prices in dollars? You should give in Baht,your not in America now.I have been here for 9 years and my budget is around 70,000B a month as I own my own condo,that’s very good Life for me.
You forgot about the massages !!!! $10 vs $100+tip minimum in US. Moving to Thailand just for that alone !😀😎 And also the inexpensive travel excursions all over SEA . Air/hotels/meals etc VS just driving/flying a couple hundred miles to a beach town 😮, what an incredible Difference. Like #500/wk vs $5000/wk, it sure adds up.
A local Thai may have advantages we do not. They don't pay for visas, they have some social healthcare and a lot live with family or always have the backup plan of doing so in hard times. We usually do not. I also see a lot of Thai's driving $100K cars so the average is not all Thais :)
Most important thing far all people is to be realistic with what kind of lifestyle they want as a minimalist I'm happy with a simple life which doesn't cost much but most people want material and party.....be honest with yourself
To be honest, I've gone back and forth with your content based on how you seem to crap on other youtubers for building false hope. People need hope that they can get out of their miserable existence and move somewhere to build a new life. I do think we need people telling it like it is though, so I'm subscribed and always waiting for new content. I only did 1 month in Thailand and if I subtracted my flight cost and a few higher end Bangkok hotel nights, my month was right around $3,000. I was not watching the price of anything. If I wanted it, I bought, drank, and ate it. I traveled non-stop too in that budget from BKK, Chiang Mai, Chiang Rai, Phuket, Phi Phi, Ao Nang. If and when I do a long stay in Thailand in the future, I'd probably do Chiang Mai at least 6 months, and get as far away from the smoke as I can.
I love Chiang Mai and my plan is to move there after I’m done here and just always make sure I’m traveling those months. If you always agreed with my content, there would be something wrong with both of us 😁
Great video. Thanks for sharing the data in detail. 👍Can you do a video on reasonable Visa options for retirees ( person like you, am 49 :-) ) and any tax implications ?
You can live on it. It depends on your age and your lifestyle as well. We are all different. If you’re young , I would say work to earn more to save for your future. If you’re older and retired, then it’s fine as is.
If it's you on the picture and you are not a "young digital nomad". That amount won't be very good to be honest with you for Bangkok. For Chiang Mai, in the north, possibly. Don't forget that girls here will expect money from an older gentleman (above 40) and that will be one of the main costs for most "retired farangs".
$1000 in China would be good for a month, since many retirement places offer $500 per month with room and meals. But, not much of freedom for expression or criticism of the government. If one doesn’t care about politics, it’s good.
dont forget,, if you get a scooter either buying or renting.. you must have a license for a motorcycle.. they wont tell you that when you rent but you get stopped by the police they will want to see your license
Still debating between Thailand, Vietnam and Bali all three offer most of what i'm looking for. Philippines is not even on my list not interested living in a 3rd world country with horrible food.
If you can manage to spend $6,000 usd a month in Pattaya of all places... you are walking a fine line between getting scammed and purchasing of value services/products xD... At least in Phuket there are actually luxury facilities where the going rate is higher...
You have zero idea how well I live. 🤣 My life would cost 4X this in the west. People always assume life is so much cheaper until they find all the amazing things you can do. ✌️
If my decades in Las Vegas taught me anything, it’s to not judge how people spend their hard earned money. For some, spending $100K in a weekend is pocket change and for others, saving up all year for a weekend staycation is good. I respect both as long as it’s honest work and money. I wouldn’t spend a $1000 a night but maybe if I had 10X the money I have, I would?
@@RamzeTravelsif it is of interest speaking to a number of thai about foreign living here the number was often 75,000 baht a month. Mostly just a thumb guess, I put no details asking the question and found it interesting the consistency of 75,000 baht their perspective
I am a us citizen soon to be moving back to our house in hua hin. We live comfortably on 2200 a month. If you are a farang and want to drink, party, and generally stupid about finances, no amount of money is sufficient to maintain your life. Those who cannot control their "impulses" in their own country will not make it anywhere else. Those farang who cannot figure out their finances in Thailand end up in cambodia or Laos.
Remember, there are no actual English words and everything is translated ... I spent an hour at station trying to say Phang Khon and nobody agreed or understood ... ended up saying highway numbers of location and everyone happy 😊
I have lived in Thailand for 8 years and recently audited our expenses. We ,a family of 3; me retired American, my 48 year old Thai wife,my 19 year old daughter. We lived in a very nice 3 bedroom house,gated community w swimming pool, own our home ( recently sold it for a profit) and bought a new home. We own our car, 2 moterbikes, we have traveled to 18 countries including us n Europe, 8 years we spent 216,000 That's $27,000 per year and only $2250 per month for 3 pepole. We don't rent because owning is wealth building. Renting is an expense. Ownership of a car and moterbikes hold on to their value. I drink alcohol everyday but buy bottles and mix at home w the wife. We have a dream life on way less than you say it costs. But I understand money and know how to use it.
All the UA-cam people need to stop talking about how good Thailand is and how cheap the cost of Living is…. You will get to many people to come to Thailand and run up the prices of rent , food, women, and everything else…. 5555 I was lucky enough to get the Thai Elite Visa before the price went up…. But again…. It’s horrible in Thailand…. Don’t come here 5555 🤣🤣🤣🤣🤣
Your to funny...you really dont have a budget. Why did ego make you spends soooo very much for a tesler? Hell your 50 you should have no medical problem s
Ego would have made me get a Ferrari 😂 I have driven Teslas for the last 7 years. Safest cars in the world, no need to mess with gas stations and they’re great to drive! What else is money I worked hard for my whole life good for? lol Thankfully I am healthy for my age but I still pay for good medical insurance to be safe and responsible.
And it's our problem you either didn't save for retirement and/or didn't work hard enough to retire well...my SS is $3,000 month after medicare and supplement. And I have saving...I didn't bust my ass through life what did you do wrong
I'm retired in the Philippines and we have a $3000 dollar income for our budget. We spend about $2400 a month in living expenses and the rest goes into a medical fund, emergency fund. I have guys here telling me I'm "wasting" or don't know how to spend my money correctly. I just laugh because I LIVE and don't just exist. My budget has many options to where I can go, what we eat, A/C anytime I feel like it, a 3 story home, brand new car, gated subdivision with pool, club house, basketball court. We can go out to any restaurant, go bowling, coffee shops, movies, buy clothes and we don't have to pinch pesos. Here in Cebu City, I live close to major hospitals, an International airport, shipping hub, ferry terminals. I know of some foreigners here that live on $600 a month but they are always under pressure and on edge(wants, needs, inflation, exchange rate, medical). If I were to cut back on everything my family does, I could get our budget down to about $1300 and do NOTHING but WHY?
Can you please tell me more about the catastrophic health insurance that you buy for $120 for you and your wife? Which company and which plan? Thank you
Those guys often get temporary housing for free and they're likely Burmese even. I know multiple people that earn 8000/month but they own their own house (passed down in the family) and don't pay rent. If you eat normal Thai food, drive a motorbike and run AC only at night you can do this just fine. They don't travel often of course or do anything out of ordinary. Salt of the earth people.
No one needs to LEARN how to live on $3,000 to $4,000 a month in southeast Asia. With that amount they just live where they want and spend money without really thinking. On $2,000 a month some care is needed. On $1,000 a month, strategic planning is needed. On $500 a month, a financial lifeline and serious prayer is needed!
The larger budgets are for Those people ,mainly men that Choose to live in the UA-cam Promoted well known Vice tourist zones for the reasons why 98% of the men retire here n Thailand Choose living areas Pattaya or Bangkoks Nana ,Asoke , Phrom Phrong , I live in a village 30 minutes outside of Thailands second largest city Nakhon Ratchasima /Aka Korat in Issan I Took care of My wife and our 2 children when they were little On $1870 USD a month
I could live a little more extravagantly for my income $4K+ per mon But Its that Other Vice Stuff living in Those tourist zones That Ruins guys Health & retirement. . For me choosing to live here in Issan the Tranquility and true Spirit of the Thais re-energizes my passion for life It helps i speak Thai very well .
I lived in Pattaya & Jomtien and Naklua all 3 from Tourist & married with house 1998-2014 Anyone still living retired in Those Vice areas after 7 -10 Yrs I'll be surprised .
If you can manage to spend less on rent than $2000/month for a single person in Bangkok is a pretty good budget.
@@Jack_the_rider the Dollar is sinking.
No nonsense straight to the point vids, Keep up the good work bro.
My monthly budget is 4k usd per month living in Bangkok. However, my wife and I are spending closer to 3k usd per month. The quality of life is amazing here in Thailand.
@@Robmar40 Where in Bangkok? Silom? Sukhumvit?
Living in a condo, apartment, or house?
@@BO-mb8rr Near Punnawithi BTS living in a condo.
@@Robmar40 1bdr or 2bdr?
Enjoying your content. I’m turning 74 next month so my life is certainly changing. Those things that mattered before don’t get much consideration these days. Medical is definitely making its presence known like it or not. I’m not crazy about the flight times to Asia. My wife is Filipino but she loves Thailand more than I do. Chances are slim to none that I will ever live in Asia but perhaps I have a trip or to left in me.
This was very helpful. Thank you. 🙏🏽
A great video once again. Thank you for spelling out the cost of living, really helpful. Keep them coming. 😊😊😊
In the last 48 hours, 3 You Tubers have posted that $2600+/mo is the new norm for living comfortably as a single retiree in key Thai expat destinations. Finally, reality prevails with objective info. Problem is Thailand is now being overrun by settlers, and this will have an impact in the future, good/bad, I don’t know.
🎯 Key points for quick navigation:
00:00:14 *🏠 The speaker emphasizes that a $1,000 monthly budget isn't realistic for living comfortably anywhere, and plans to discuss budget considerations tailored for individuals around 50 years old.*
00:02:04 *🏡 Rent cost analysis reveals that USA rents range from $1,500 to $3,000 per month on average, while in Thailand, it's typically between $300 to $800, reflecting significant differences based on location and lifestyle.*
00:05:00 *🏘️ In Thailand, decent-sized homes can be rented for $500 to $800 monthly, providing an affordable living scenario compared to some parts of the USA.*
00:05:43 *🚗 Transportation expenses in the USA average $400 to $1,200, whereas in Thailand, the costs range from $100 to $300, aided by cheaper options like scooters and inexpensive public transport.*
00:09:24 *🍔 While groceries and dining out in the USA average $500 to $1,000, in Thailand, dining out can be cost-efficient, especially for local cuisine, although Western dishes might be costlier.*
00:12:49 *🏥 Healthcare costs differ greatly; in the USA, insurance ranges from $500 to $1,200 monthly, while Thai insurance is shown as way more affordable at $50 to $150 but might not cover pre-existing conditions.*
00:14:38 *🔌 Utility costs in the USA are $200-500, compared to $50-150 in Thailand, where only electricity costs are comparable to US rates.*
00:17:47 *🎓 Costs involving childcare and education in Thailand can become high, with international school fees potentially hitting $2,000 monthly.*
00:18:29 *🎭 Entertainment budgets vary, with the USA averaging $200 to $500, whereas Thai costs could be significantly lower. However, retirees like the speaker often spend more on activities and experiences.*
19:24 *🍻 Budget management in Thailand can be easier if one avoids excesses like heavy drinking, smoking, or excessive socializing.*
19:52 *🎬 Lower cost of living in Thailand includes affordable entertainment, like $5 movie tickets and $2 beers with ocean views.*
20:19 *🏠 It’s essential to maintain or improve quality of life when relocating abroad, rather than downgrading just to say you moved.*
20:34 *💰 Savings and investments vary widely per individual, with significant debt issues seen in the U.S.; some Americans are still millionaires.*
21:02 *📉 Lower monthly expenses in Thailand offer potential for greater savings from consistent income sources, like rentals or pensions.*
21:30 *🚀 Young people can survive on $1,000/month in Thailand, but should prioritize long-term savings and financial security over immediate gratification.*
21:58 *🌍 Residing in a less expensive country might enable more savings for the future, beneficial when Western income levels remain constant.*
22:26 *📈 Channel growth milestone: Planning a meetup in Patia when the channel reaches 5,000 subscribers, as interaction interest grows.*
Made with HARPA AI
lol love/hate this. But thank you to our future AI masters. I will comply, I swear!
Can we at least proof read this nonsense?
Nice video. Please consider making some “deep dive” videos, e.g., health insurance, ATM cards, payment methods, ordering food, mobile phones, etc.
I will do another one soon. I have done them in the past but my expenses have changed and I have a lot of new subs who probably never saw them. 😁
@@RamzeTravels of course the challenge with “deep dive” videos is lower audience interest unless it is kept somewhat short. Nonetheless, just understanding details of options on, for example, ordering food or which cell phone plans to consider would be helpful.
Especially how things such as health insurance are tied to life insurance and many cases. Very different model than from the United States.
This might sound a little ignorant for sure but where would I search for apartments? I only know to look on Airbnb which I know is shafting me as I’m paying like $650 a month for a small 1bd/1br in CMX. It’s right next to Central Festival in a gated community with a pool, gym etc so its nice but compared to what you showed on screen at 5:04.. yeah lol I’m overpaying for sure.
Any good sites you know of to find better deals?
If you’re only renting for a month or two than I would recommend Airbnb still. You’re not going to find much for short term and not possibly get scammed. If you’re renting for a year, there are Facebook groups for rentals for every city in Thailand. Start there.
@@RamzeTravels thank you so much man! Been watching and liking all your vids since I subbed this morning 💪🏽
Great to find a video about Thailand in this price range. I'm considering retiring for a few years in Thailand and have found it difficult to find a video that considers a budget towards €3000pm (a little more when converted to $)
Your content is very real. I am moving to the Pattaya area in November for retirement. Would very much like to see a meet and greet with you and some of the other u tubers that I have been following for years . Thanks for the education.. See you soon!
Awesome and welcome!
Great video. Thanks for keeping it real. Helps my decision making come move time so I have no surprises
Realistic, sensible, to the point. Thank you
Absolutely love your videos. Your honest and truthful. Thank you for your great insight.
I appreciate that!
I just came across your channel and this is the first time i heard someone talking about the reality cost of enjoying Thailand in and a reasonable income. I am from Hawaii (Very expensive place), and i moved here to maximize my life style and not to be frugal...I live in a luxury condo in the fashionable Asok area which is pretty expensive month, but i like the convenience such as good restaurants, clubs, pubs and shopping malls...$1200 for 80sqm unit...I do go out four times a week to enjoy the culinary experience of Bangkok and clubs.. $2000 per month... Transportation is around $200 a month...Four times a week gym cost and massage..$200 per month ...Total expenses: $3600 per month...I also save $400 per month for future travel and other unforseen expenses.
Total: $4000 per month...120,000THB...
You sir have an adult budget! You earned it and should enjoy the fruits of your labor. Welcome to the real world ✌️💪
$200/month transportation is that for taking all Bolt/Grab rides everywhere or or some or most BTS/MRT?
I'm looking at living in the Sukhumvit area and I'm ballpark budgeting $7/day = $210/month for transportation not including any car trips to Pattaya or Hua Hin.
Thanks
Always great info and straight forward no B/S. Thank you!
Thank you 🙏
Currently as of August 2024 the AVERAGE new car payment in the U.S is around $748/month and $573/used car payment + $200/month is average car insurance now on one vehicle.
Plus, parking, tollways, gas, and repairs.
Car insurance in the last year has went up OVER 50% in California and Minnesota and 23% here in Texas.
i never have a car payment,,,dont need a new car,,,,haha
Rent in BKK center for something more than 50m in modern building is minimum 1.000 USD.
Just found your channel. Very informative, Thank you. Curious about pet care.. I have a 8 years old lab and plan to bring him with me .
I have had an overall positive experience with vets here and at about 10% the cost of the states. Don’t worry about that aspect when making your decision.
Good video I believe you’re spot on with your numbers .
I’m also a former Las Vegan living on the dark side also. New York Pizza house is the best pizza in Pattaya .
Very helpful. Thanks!
Thanks, running through the numbers is always a good thing. In the end, individually, it is all just a WAG. (wild ass guess)
Ramze, Where did you get the wood shelves with canvas drawers behind you? I live in Bangkok year-round.
Home pro
@@RamzeTravels Thanks. Found it!
Thank you for that video. I have really come to connect with your content recently. Our goals seem to be very similar. I want to be comfortable in my retirement, but i don't expect luxury. I want a nice comfortable, 'big but not huge' condo (no 25sm shoe box for me). I will probably eat out every day, maybe even twice a day, but it doesn't have to be a high end restaurant. I want to enjoy some drinks once in a while but won't be visiting the 'bar girl' bars. I find what you consider to be a comfortable lifestyle is what i am interested in when i go there.
This is quite balanced discussion. A wide range covering the most people considering SEA. However, the central theme is common - overall 25 to 30% of what one would spend in US. Spending 9K/month Vs. 3K/month is a huge difference in finances for expat retirees. If someone is wealthier, why not enjoy rich life in SEA.
Very well explained. Thanks for sharing !
Aging being a fact of life, the home assistance, helpers, long term care or assisted living or whatever of that nature is similarly less expensive in SEA.
I've seen several cost of living breakdown videos for living in Thailand. It seemed like the info from various UA-camrs living in Thailand line up, so I'm feeling more confident about my income should I move there. I'm not sure if you know who Paul Lee is, but he's a US UA-camr living in Bangkok. My income level is averaging to be around his level. I guess I'll be living quite comfortably even if I choose to live in Bangkok.
ENTERTAINMENT expenses for EXPATS is the one variable that tends to sway. This expense is expecially at risks with males.
5:40 ENTERTAINMENT budget via movies, bowling, kite surfing, etc ... is alot different vs. NANA, Patpong, Soi Cowboy, Pattaya, notwithstanding the gold jewelry shop at MDK and China Town. Oh, did I mention the inevitable expense involved when you go - FARM FRESH?
Seriously, your only limited by two things in Thailand. Your imagination AND the amount of money in your pocket ...
When we say that Thailand has a lower cost of living I personally think that the best value in Thailand is housing. You will get some combination of bigger and better housing and a more preferable location for less money than in the US. But this is complicated as well. I moved to Thailand from the San Francisco Bay Area. Almost anyplace in the US and Thailand will be less expensive than the Bay Area. So if you come from a moderate cost of living area of the US then the cost of housing will be less than in the US but not quite the huge difference I see.
To complicate it more, suppose you own your house in the US. Your housing cost in the US will be insurance, property taxes, and maintenance. That may or may not add up to much. If you come to Thailand to rent then that is an additional expense and possibly you won't get much savings on housing in Thailand. You may be renting your US housing for income or maybe sold it and now have a large amount of cash.
I was a home owner in the US and moved to Bangkok and rented a condo. I was located in Phra Khanong near a BTS station in a pretty nice condo building. This is a very good location toward the center of Bangkok. The condo was a 1 bedroom 50 sq meters (540 sq ft). My home in the Bay Area was only 950 sq ft so the condo space was quite comfortable for me. The room was furnished and the building had a beautiful pool and an OK gym. I paid 25,000 baht/month (about $750/mo) and the rent stayed the same for the 6 years I lived there. I think my trade of a suburban Bay Area home for a very nice rental condo in the city was a great deal. It's only a deal for me because I was ready to live a nice life in a big city like Bangkok.
Bangkok is the most expensive location in Thailand but not all of Bangkok. You can get just about any level of housing in Bangkok. Pattaya, Chiang Mai, Jomtien, Hua Hin are going to be less expensive. Here in the Isaan countryside expats typically rent vey nice new detached homes in small gated communities.
Hey Ramze, great honest content as usual, thanks. May I ask which Health Insurance company you went with?
I used Macallan here in Pattaya as my broker and the actual insurance is through Pacific Cross.
That's where being retired military and having full health care becomes a huge win.
Don't forget to thank US tax payor
@@jameskelly9243his benefits were earned. He doesn’t need to thank the US tax payer.
Thumbs up 👍 Ramze
Great topic as I plan to take the retirement visa route in Thailand in 2025. As a single guy in his 60’s, I can see $3000 - $4000 a month as my budget. It will actually seem like a lot more if you can pay the year’s rent in advance and be alleviated of that recurring cost; same with the monthly medical insurance.
That’s exactly what I did since I hate bills of any kind. You sound like you have a great plan. Cheers and best of luck on your well earned retirement! ✌️
Great video 👌☘️
Thank you 🙏
Excellent video
Late 50's, paying almost $1,400 a month for my health insurance in the U.S. It's a good plan, which fortunately I haven't ever fully needed, but still a huge amount of money.
It’s one of the worst things about the USA unfortunately in my opinion. One shouldn’t have to work hard, pay taxes and live in fear of getting sick in what is always being called “the world’s greatest country “.
And you still have a co-pay and a deductible to fulfill. As millions of migrants, continue to cross the healthcare system will collapse mark my words.
#1 reason for bankruptcy in U.S is medical bills.
Ramze, did you say you get 1000mbps speed (Google Fiber) for just $20/month? :0
Is that $20+ fees/taxes or $20 total?
Who is your internet provider?
R-man I'd love to see screenshot videos of how its like and how fast it is to order local takeout food from Grab, ordering a local ride from Bolt, hearing your quarterly/annual conversations with a visa agent, and using your existing American Android or Apple phone to switchout a new sim card when you get to Thailand.
As you know one of the companies I've owned for 15 years we help people and businesses move, marry, and work abroad (all countries not just Thailand) and I'm literally subscribed to hundreds of expat type channels.
But the never or almost touched content niche is actually HOW to do the day to day boring daily life stuff in foreign countries.
We all do without thinking this stuff in our home countries but need to see it being done on camera.
IMO the biggest fear for people not moving abroad is how would they do their daily grinding it out life.
Videos like:
Screen capture videos on how to pay your electric bill through the MEA app and how do you pay you water bill.
How do you get money in U.S bank/credit union accounts to Thailand then change out currency.
What happens and what do you do if you get hit by a another car while walking or driving?
What happens and what should you do if you get bad food poisoning?
What happens or what should you do if you get bit or stung by a creepy crawly?
What should you not do or say when ordering food from a street vendor or at a restaurant?
If you have a medical emergency in Thailand what do you do? You do you call? In the U.S we all know to call 9-1-1.
Can you still order from Amazon or eBay in Thailand? If not; show yourself doing actual ordering from Lazada and
Shopee and how same items compare in price to Amazon (like the same dog carrier you bought from Amazon that was like 1/5th the price from Shopee.
If you are taking preexisting prescription drugs how can you keep getting your same drugs if you move to Thailand?
Are the gyms 24/7, what is the dress code, gym etiquette (in Japan for example you get shamed unless you wear baggy loose fitting clothes no tight skimpy outfits).
If you need a handyman or babysitter, or dog sitter who do you contact? How to vet them.
A whole channel could be dedicated to just shooting computer and mobile screenshots and phone conversations about what we all deal with everyday but in now in Thailand.
It's not sexy, fun, cool, or cute content.
But its 95% of all our daily lives but 99% of the expat content caters to that 5% sexy, fun, cool, and cute content because its easy and fast to make.
Two Texas cents.
@@BO-mb8rr any recommendations for an agent in Thailand? I am setting up my affairs in home country, will next look at Thailand agent for visa advice, etc. I could probably do it myself, may nectfdioys, I just prefer doing other things more 😊
@@smileoften-ft3hq DO NOT do it yourself. Spend the measely couple hundred dollars using agent services. Its the best money you will ever spend in Thailand.
Firstly, big props for pronouncing Pattaya the way the Thais do - anyone who wants to argue the toss needs to ask themselves how they would feel if newcomers pronounced Worcestershire or Arkansas the way it is spelled. I understand why you are quoting prices in USD but unless you have a landlord who accepts that currency (usually an inflated figure for newbies), the baht figure is the one the rest of us relate to. I've known Farang who [aid as little as 3k baht a month for a room in Pattaya and others who were paying well in excess of 50k baht in BKK. Thanks for the vid.
Half my audience is American and the majority are westerners who can figure the dollar faster than the baht. When I do other vids on price comps I usually put both. Little last this time I guess since it was so much info to get in. Thanks for sharing
EXCELLENT!
3k a month minimum with a woman and if you want to travel in SE ASIA or even within Thailand. You can live on 1000 if you live REALLY BASIC , have no car , cook some of your own food and don’t travel and have no woman.
Good international schools in Thailand run from $5K USD/year all the way up to $25K/year.
$5K-$10K will get you into a really good school.
Those cheaper schools are not true international schools. You need to pay at least 20k to get a decent western standard education and recognized qualifications.
My favorite places in Thailand would be impossible to spend 3000/month even if you wanted too. Even in the outskirts of Chiang Mai where I live it's too much hassle to drive into the city to find expensive foods on a daily basis. I would have to literally go out of my way and spend my day driving to spend that much a month. My house in the mountains only has maybe 10 places to eat in the whole town and they close by 7-7:30. Some weeks I don't even spend 1000 baht on food. 😂Never been to Pattaya but clearly this is a whole different world than up north.
Did you bring your animals from the states and how easy or hard was it?
ua-cam.com/video/lDklDG7cE8k/v-deo.html
Great video thanks for sharing your thoughts and insights👍🏿
My pleasure.
To a point your right also depends if your single or have a girlfreind or marreid also depends greatly how you live it up
All very valid points 🤗
Mostly on the lifestyle imo, could be dating and avoid the nightlife, not unheard of
From what I experienced, living on 3000$ per month for a couple is doable..No need for a car, just use the Baht buses and bolts..I’ve met a lot of expats living well..Having breakfast in their rental condo ( fruits, hard boiled eggs and yogurt )..Eating out for lunch and supper..No need to cook..In Canada I spend 42K just on rent and car expenses..I know it’s crazy..
That’s a decent number and especially if you’re in a condo and don’t need a vehicle.
YOU ALWAYS TALKING REALITY, BRO!!!!!!
Somebody has to do it in the land of smiles and denial 😂
What type Visa did you choose to go with???
I am on a retirement visa.
Thank you. Same here...
My friend Milton, a kiwi, owned a Thai dive shop and dive boat...the Thai crew made him western food...after 25 years in Thailand he simply could not eat Thai food.
Moderation is the key to life 😁
I agree. I also love Thai food...not all the time. Need the variety. Great channel, ignore the haters.
@@RamzeTravelsAgreed, everything In moderation even moderation😅
I think it’s really important to know the ‘hidden’ or easy to forget costs, because they mount up quickly. I’m in my fifties as well and health insurance coverage is critical. So is avoiding dangerous things at my age like riding scooters or motorbikes. I did wonder if you have a recommended amount for an emergency fund? People usually forget Murphys law lol😮
Imagine only eating American food, whatever that is. Meats and potatoes or sandwiches. No other ethnic food. Same thing.
This isn’t brain surgery , your giving educated opinions on what you see I enjoy your content and the best part is nobody ever asked you for it 😀
Actually saw a video last month for a new health plan insurance for people with pre existing conditions
Ramze, on an unrelated subject, are you getting flooding out there today (or yesterday)?
I’ve seen some vids and pics that it did flood in central Pattaya (always does) but out here by the lake we are just fine.
Vegas is still cheaper tham almost anywhere USA, Arizona too, but here in Tampa and Miami Florida it's around $3000 to $5000 per month. And that's cheap compared to NY and San Fran.
Nuts right? 😮
I live near Ocala and live fairly cheap but everything is paid for which makes a big difference.
I’ve lived in Bangkok for 5 years, Phuket for 1 year and Chiang Rai for 1.5 years
In my opinion, $3000 a month in Bangkok is sufficient, you won’t live large or save anything but 100,000 a month is a decent living (assuming you have a GF and not dating around)
In Chiang Rai, you’re a king on $3000 a month, I mean do whatever you want and have a dope 2 bedroom condo or house
A king of which country?
A good 2bd apt in a good area of Bangkok like ThongLor or Silom is $2500/mth+.
Still about half the price of a good apartment in most big cities in the West but this whole idea that Thailand is 1000x cheaper has to die. It's not true at all.
Without going into too many details, my experience with Thailand is that the sky is the limit as to what you can spend, but what is necessary is a different story altogether. Think of it as two separate budgets. What you have to spend every month, and what you spend on everything else. The what you have to spend to be comfortable budget? Maybe 50,000 baht. Everything else? At least 500 baht a day. Probably more like 1000. And if you're into all the crazy nightlife, then add thousands to those amounts.
Well said!
If your coming here to Bangkok and your single and ONLY eat “ street Thai food” not restaurant Thai food $3000 usd might be enough if you have NO habits ! I would NEVER come to Bangkok to live without 5k USD a month or more it’s NOT cheap to live luxury in Bangkok specially if you eat western food! Also ALL newer condo 1 bed room SUPER small and you will be in “ dorm “ situation trust me I buy and sell condos here so once needing more space and want newer condos your in a higher price specially in Bangkok .. cheaper living can be found in Pattaya or other beach areas sep maybe Phuket which is slightly higher then other beach areas
75000 Thb per month for farangs is ok
Some good thoughts 👍
Regarding health insurance, I am 70 good shape, will be 72 when 100% Thailand. Any thoughts if 2 1/2 million baht cash is reasonable to set aside strickly for health as I think no insurance company interested in me. And of course probably just ready to die after a fantastic life if cost exceeds that. Take care
I think it’s a reasonable amount. My actual policy is for 2 million and I was told it’s sufficient. One can’t plan for every possible outcome but you seem to have a good grasp.
@@RamzeTravels thank you.
I think that should cover most and Vietnam isn't far away if needed at some point too.
Feel the same as I never expected to even get over 30 and now it's over 65 ! All else is extra icing. 😊
@@mauimixer6040 ditto. I remember very young sitting in a bar looking over at a guy celebrating his 28 birthday and I thought same as you, ill never make it to 30 😂
And yes, blessed with good health at 70 so far the rest is bonus 👍
@@smileoften-ft3hq😊😊😊😊
Just went to Bagel Mania yesterday in Vegas 2 people 46$. We both got the same meal double cheeseburger with onion rings drink water.
It’s gotten so bad that I wonder how a millionaire can survive long term? It’s like they want you to work until you die. So damn sad. My favorite part about Vegas and the reason I loved it for 25 years was there was a price point for everyone. That is no longer true.
@@RamzeTravelsthis is a fact. Cheap eating in Vegas doesn’t exist anymore
I keep trying to do it for less up here in Chiang Mai but...
I track my spending amd it keeps being around 120k baht a month. A bit more than my SS but I'll get to the finish line with a smile.
We only get one life. Live it to the maximum my friend.
Why do you give prices in dollars? You should give in Baht,your not in America now.I have been here for 9 years and my budget is around 70,000B a month as I own my own condo,that’s very good Life for me.
Thats because most of his viewers are american and it makes it easier to calculate the cost of living.
The house you live in, in Santa Cruz, CA, would be a minimum of $7000 per month.
Hell it would be $10K in Vegas I am guessing. One of the joys of Thailand.
You forgot about the massages !!!! $10 vs $100+tip minimum in US. Moving to Thailand just for that alone !😀😎 And also the inexpensive travel excursions all over SEA . Air/hotels/meals etc VS just driving/flying a couple hundred miles to a beach town 😮, what an incredible Difference. Like #500/wk vs $5000/wk, it sure adds up.
True!!
@@RamzeTravelsthat's one of my favorite things about Asia.
3 thousand US DOLLARS a month in Thailand you should be living extremely well and rent your apt and rent motorbike also I don't drink Alcohol
If a local Thai (ave salary in bkk $1250 usd) was able read our cost of living estimates...i wonder what they would think.
A local Thai may have advantages we do not. They don't pay for visas, they have some social healthcare and a lot live with family or always have the backup plan of doing so in hard times. We usually do not. I also see a lot of Thai's driving $100K cars so the average is not all Thais :)
@RamzeTravels yes, I'd suggest non Bangkok Thais without the 100k cars live on significantly less than 1250.
Most important thing far all people is to be realistic with what kind of lifestyle they want as a minimalist I'm happy with a simple life which doesn't cost much but most people want material and party.....be honest with yourself
To be honest, I've gone back and forth with your content based on how you seem to crap on other youtubers for building false hope. People need hope that they can get out of their miserable existence and move somewhere to build a new life. I do think we need people telling it like it is though, so I'm subscribed and always waiting for new content. I only did 1 month in Thailand and if I subtracted my flight cost and a few higher end Bangkok hotel nights, my month was right around $3,000. I was not watching the price of anything. If I wanted it, I bought, drank, and ate it. I traveled non-stop too in that budget from BKK, Chiang Mai, Chiang Rai, Phuket, Phi Phi, Ao Nang. If and when I do a long stay in Thailand in the future, I'd probably do Chiang Mai at least 6 months, and get as far away from the smoke as I can.
I love Chiang Mai and my plan is to move there after I’m done here and just always make sure I’m traveling those months. If you always agreed with my content, there would be something wrong with both of us 😁
@@RamzeTravelsthose months are a great time to travel, even if just around Thailand. That's my plan anyway.
not related at all.. I am digging that clock!!!
Great video. Thanks for sharing the data in detail. 👍Can you do a video on reasonable Visa options for retirees ( person like you, am 49 :-) ) and any tax implications ?
$3000 is more than I earn, so if you can't live on it in thailand, then what hope have I got?
You can live on it. It depends on your age and your lifestyle as well. We are all different. If you’re young , I would say work to earn more to save for your future. If you’re older and retired, then it’s fine as is.
If it's you on the picture and you are not a "young digital nomad". That amount won't be very good to be honest with you for Bangkok. For Chiang Mai, in the north, possibly. Don't forget that girls here will expect money from an older gentleman (above 40) and that will be one of the main costs for most "retired farangs".
$1000 in China would be good for a month, since many retirement places offer $500 per month with room and meals. But, not much of freedom for expression or criticism of the government. If one doesn’t care about politics, it’s good.
dont forget,, if you get a scooter either buying or renting.. you must have a license for a motorcycle.. they wont tell you that when you rent but you get stopped by the police they will want to see your license
Still debating between Thailand, Vietnam and Bali all three offer most of what i'm looking for. Philippines is not even on my list not interested living in a 3rd world country with horrible food.
Just stick to Thailand
Good video. He keeps ego out of it
If you can manage to spend $6,000 usd a month in Pattaya of all places... you are walking a fine line between getting scammed and purchasing of value services/products xD... At least in Phuket there are actually luxury facilities where the going rate is higher...
You have zero idea how well I live. 🤣
My life would cost 4X this in the west. People always assume life is so much cheaper until they find all the amazing things you can do. ✌️
@@RamzeTravels There are luxury resorts that go for $1,000 usd a night in Phuket, but in my personal opinion that is a borderline scam.
If my decades in Las Vegas taught me anything, it’s to not judge how people spend their hard earned money. For some, spending $100K in a weekend is pocket change and for others, saving up all year for a weekend staycation is good. I respect both as long as it’s honest work and money. I wouldn’t spend a $1000 a night but maybe if I had 10X the money I have, I would?
@@RamzeTravelsif it is of interest speaking to a number of thai about foreign living here the number was often 75,000 baht a month. Mostly just a thumb guess, I put no details asking the question and found it interesting the consistency of 75,000 baht their perspective
@@RamzeTravels big difference between existing and really Living ! 😀🥳
The place I stay at in Bangkok is $3000/month.
Easy to do there but I’m sure it’s amazing!
Which neighborhood/size condo, brother?
@ sorry it’s actually 4000
I am a us citizen soon to be moving back to our house in hua hin. We live comfortably on 2200 a month. If you are a farang and want to drink, party, and generally stupid about finances, no amount of money is sufficient to maintain your life. Those who cannot control their "impulses" in their own country will not make it anywhere else. Those farang who cannot figure out their finances in Thailand end up in cambodia or Laos.
Pat-tay-ya
I think I say it like the Thais do but I could well be wrong. 🤷
Remember, there are no actual English words and everything is translated ... I spent an hour at station trying to say Phang Khon and nobody agreed or understood ... ended up saying highway numbers of location and everyone happy 😊
Putt - ta - ya (like putting golf)
@@absoluteinsurgent3855 next up ... She Yang My 😊
I have lived in Thailand for 8 years and recently audited our expenses. We ,a family of 3; me retired American, my 48 year old Thai wife,my 19 year old daughter. We lived in a very nice 3 bedroom house,gated community w swimming pool, own our home ( recently sold it for a profit) and bought a new home. We own our car, 2 moterbikes, we have traveled to 18 countries including us n Europe, 8 years we spent 216,000
That's $27,000 per year and only $2250 per month for 3 pepole.
We don't rent because owning is wealth building. Renting is an expense. Ownership of a car and moterbikes hold on to their value.
I drink alcohol everyday but buy bottles and mix at home w the wife. We have a dream life on way less than you say it costs. But I understand money and know how to use it.
@@DavidWilliams-qr5yj Where in Thailand?
@@BO-mb8rr Chiangmai suburbs, San Kamphaeng .
Interesting. I appreciate it. The 3 bed house, as it's not a condo, has to go on the wife's name tho right?
Without a go-go girl gf … it goes pretty far! 🤣😂
Words to live by :)
Haha! So true - unfortunately I have two😭😭
@@mattbryan8535 … you lucky man! 😂🤣
All the UA-cam people need to stop talking about how good Thailand is and how cheap the cost of Living is…. You will get to many people to come to Thailand and run up the prices of rent , food, women, and everything else…. 5555 I was lucky enough to get the Thai Elite Visa before the price went up…. But again…. It’s horrible in Thailand…. Don’t come here 5555 🤣🤣🤣🤣🤣
It’s been this way for 15 years and hasn’t changed much. I doubt it will 🤣
How the heck can a UA-camr with 5k subscribers afford a Tesla ?? Lol
I’m not a UA-camr. lol
I’m retired since 45 and just do UA-cam for fun since we donate all monies from it to charities here. ✌️
I guess your not retired at 50 and still working
Your to funny...you really dont have a budget. Why did ego make you spends soooo very much for a tesler? Hell your 50 you should have no medical problem s
Ego would have made me get a Ferrari 😂 I have driven Teslas for the last 7 years. Safest cars in the world, no need to mess with gas stations and they’re great to drive! What else is money I worked hard for my whole life good for? lol
Thankfully I am healthy for my age but I still pay for good medical insurance to be safe and responsible.
$3k, I wish I got $3k every month from the government. Maybe I would be able to eat every day! 😮
And it's our problem you either didn't save for retirement and/or didn't work hard enough to retire well...my SS is $3,000 month after medicare and supplement. And I have saving...I didn't bust my ass through life what did you do wrong
I'm retired in the Philippines and we have a $3000 dollar income for our budget. We spend about $2400 a month in living expenses and the rest goes into a medical fund, emergency fund. I have guys here telling me I'm "wasting" or don't know how to spend my money correctly. I just laugh because I LIVE and don't just exist. My budget has many options to where I can go, what we eat, A/C anytime I feel like it, a 3 story home, brand new car, gated subdivision with pool, club house, basketball court. We can go out to any restaurant, go bowling, coffee shops, movies, buy clothes and we don't have to pinch pesos. Here in Cebu City, I live close to major hospitals, an International airport, shipping hub, ferry terminals. I know of some foreigners here that live on $600 a month but they are always under pressure and on edge(wants, needs, inflation, exchange rate, medical). If I were to cut back on everything my family does, I could get our budget down to about $1300 and do NOTHING but WHY?
Some people feel the need to justify their actions and past poor decisions. How dare you live well! 😂
Can you please tell me more about the catastrophic health insurance that you buy for $120 for you and your wife? Which company and which plan? Thank you
I used Macallan here in Pattaya as my broker and the actual insurance is through Pacific Cross.
So how do construction workers in thailand live when they make 10k bath a month? thats what, 300 dollars?
Those guys often get temporary housing for free and they're likely Burmese even. I know multiple people that earn 8000/month but they own their own house (passed down in the family) and don't pay rent. If you eat normal Thai food, drive a motorbike and run AC only at night you can do this just fine. They don't travel often of course or do anything out of ordinary. Salt of the earth people.
@@HairyPixels Ah, thanks for the explanation :)
I know a Thai woman and her husband that rent a room + bathroom for 1,900 baht/mo.
YOU ALWAYS TALKING REALITY, BRO!!!!!!