Cost Of Living For a Single Person in Thailand 2024

Single person cost of living chart - individual average monthly expenditure in Thailand

Average Monthly Expenditure

Currency: THB
9,000 63,000 420,000
MINIMUM AVERAGE MAXIMUM
$250 $1,800 $12,000

Average monthly spending for a single person or individual in Thailand

How much money does an individual need in a month to survive in Thailand?

A single person in Thailand spends around 63,000 THB per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 9,000 THB or as high as 420,000 THB. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Thailand


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Thailand

Dining, food, and beverages costs


Fast food combo meal

98 THB 200 THB 330 THB
MINIMUM AVERAGE MAXIMUM
$2.7 $5.4 $9.1

Restaurant meal for one

330 THB 490 THB 980 THB
MINIMUM AVERAGE MAXIMUM
$9.1 $14 $27

Fine dining meal for one

650 THB 980 THB 3,900 THB
MINIMUM AVERAGE MAXIMUM
$18 $27 $110

Cappuccino or latte

81 THB 130 THB 200 THB
MINIMUM AVERAGE MAXIMUM
$2.3 $3.6 $5.4

Grocery and market costs


Milk large bottle

65 THB 78 THB 98 THB
MINIMUM AVERAGE MAXIMUM
$1.8 $2.2 $2.7

12 eggs

49 THB 65 THB 98 THB
MINIMUM AVERAGE MAXIMUM
$1.4 $1.8 $2.7

Fresh whole chicken

110 THB 140 THB 200 THB
MINIMUM AVERAGE MAXIMUM
$3.1 $4 $5.7

Pack of beef

130 THB 200 THB 390 THB
MINIMUM AVERAGE MAXIMUM
$3.6 $5.4 $11

Medium bag of rice

52 THB 72 THB 100 THB
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $2.8

Bag of tomatos

20 THB 26 THB 49 THB
MINIMUM AVERAGE MAXIMUM
$0.54 $0.73 $1.4

Bag of apples

35 THB 46 THB 75 THB
MINIMUM AVERAGE MAXIMUM
$0.97 $1.3 $2.1
Chart showing the prices and cost of commute, travel, and transportation in Thailand


Commute, travel, and transportation costs


20 minutes taxi ride

81 THB 98 THB 200 THB
MINIMUM AVERAGE MAXIMUM
$2.3 $2.7 $5.4

Average car full tank

490 THB 650 THB 1,300 THB
MINIMUM AVERAGE MAXIMUM
$14 $18 $36

Average car 1-day rental

490 THB 650 THB 980 THB
MINIMUM AVERAGE MAXIMUM
$14 $18 $27

Average car price

240,000 THB 490,000 THB 650,000 THB
MINIMUM AVERAGE MAXIMUM
$6,800 $14,000 $18,000

Bus ticket one way

16 THB 24 THB 49 THB
MINIMUM AVERAGE MAXIMUM
$0.45 $0.68 $1.4

Car Service

650 THB 980 THB 2,000 THB
MINIMUM AVERAGE MAXIMUM
$18 $27 $54
Chart showing the prices and cost of utility, energy, water, and gas in Thailand


Utility cost (monthly)


Utility Bill - Individual

540 THB 3,800 THB 25,000 THB
MINIMUM AVERAGE MAXIMUM
$15 $110 $710

Internet and cable

490 THB 980 THB 1,300 THB
MINIMUM AVERAGE MAXIMUM
$14 $27 $36

Mobile phone charges

390 THB 650 THB 2,000 THB
MINIMUM AVERAGE MAXIMUM
$11 $18 $54

Leisure and activities costs


Movie ticket

240 THB 330 THB 490 THB
MINIMUM AVERAGE MAXIMUM
$6.8 $9.1 $14

One month gym membership

780 THB 980 THB 2,000 THB
MINIMUM AVERAGE MAXIMUM
$22 $27 $54
Chart showing the prices and cost of clothing and accessories in Thailand


Cloths and accessories costs


Pair of jeans or pants

570 THB 810 THB 1,200 THB
MINIMUM AVERAGE MAXIMUM
$16 $23 $34

Woman dress

540 THB 750 THB 2,400 THB
MINIMUM AVERAGE MAXIMUM
$15 $21 $68

Woman shoes

510 THB 700 THB 1,600 THB
MINIMUM AVERAGE MAXIMUM
$14 $19 $45

Men's shoes

440 THB 540 THB 1,100 THB
MINIMUM AVERAGE MAXIMUM
$12 $15 $30

Men suit

490 THB 610 THB 3,300 THB
MINIMUM AVERAGE MAXIMUM
$14 $17 $91

Regular t-shirt

240 THB 330 THB 980 THB
MINIMUM AVERAGE MAXIMUM
$6.8 $9.1 $27
Chart showing the prices and cost of housing, accommodation, and rent in Thailand


Housing costs / monthly rent


Studio apartment

8,100 THB 12,000 THB 33,000 THB
MINIMUM AVERAGE MAXIMUM
$230 $340 $910

1-bedroom apartment

12,000 THB 20,000 THB 49,000 THB
MINIMUM AVERAGE MAXIMUM
$340 $540 $1,400

2-bedroom apartment

16,000 THB 24,000 THB 65,000 THB
MINIMUM AVERAGE MAXIMUM
$450 $680 $1,800

Housing costs / Buying


Studio apartment

1.6M THB 2.4M THB 4.9M THB
MINIMUM AVERAGE MAXIMUM
$45,000 $68,000 $140,000

1-bedroom apartment

2M THB 3.3M THB 12M THB
MINIMUM AVERAGE MAXIMUM
$54,000 $91,000 $340,000

2-bedroom apartment

3.3M THB 9.8M THB 20M THB
MINIMUM AVERAGE MAXIMUM
$91,000 $270,000 $540,000
Chart showing the prices and cost of furniture in Thailand


Furniture Costs


King Size Bed

9,800 THB 12,000 THB 16,000 THB
MINIMUM AVERAGE MAXIMUM
$270 $340 $450

Double Bed

6,500 THB 9,800 THB 12,000 THB
MINIMUM AVERAGE MAXIMUM
$180 $270 $340

Single Bed

5,700 THB 7,500 THB 9,800 THB
MINIMUM AVERAGE MAXIMUM
$160 $210 $270

Living Room

11,000 THB 14,000 THB 49,000 THB
MINIMUM AVERAGE MAXIMUM
$300 $390 $1,400

Dining Table

4,900 THB 6,500 THB 12,000 THB
MINIMUM AVERAGE MAXIMUM
$140 $180 $340

Sofa or Couch

6,500 THB 8,900 THB 20,000 THB
MINIMUM AVERAGE MAXIMUM
$180 $250 $540
Chart showing the prices and cost of electronic devices and appliances in Thailand


Electronics and House Appliance Costs


TV Set

6,500 THB 9,800 THB 20,000 THB
MINIMUM AVERAGE MAXIMUM
$180 $270 $540

Fridge or Freezer

5,700 THB 8,900 THB 12,000 THB
MINIMUM AVERAGE MAXIMUM
$160 $250 $340

Washing Machine

7,500 THB 11,000 THB 20,000 THB
MINIMUM AVERAGE MAXIMUM
$210 $300 $540

Stove or Cooker

7,000 THB 8,900 THB 12,000 THB
MINIMUM AVERAGE MAXIMUM
$190 $250 $340

Mobile Phone

8,100 THB 9,800 THB 14,000 THB
MINIMUM AVERAGE MAXIMUM
$230 $270 $390

Laptop or Computer

8,900 THB 11,000 THB 20,000 THB
MINIMUM AVERAGE MAXIMUM
$250 $300 $540
Single person or Individual cost of living and expenditure to income ratio in Thailand

Single person expenditure to income ratio in Thailand

Analysing the how affordable it is for an individual to live in Thailand

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

75%

67% to 83%

( expenditure / income ) x 100


Individuals in Thailand spend around 75% of their monthly income. Some individuals spend as low as 67% of their income while some as high as 83%.

Distribution of monthly cost of living expenses of a single person in Thailand

How do individuals spend their money in Thailand?

We asked thousands of individuals about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for individuals

Accomodation Cost33%

33% of total expenses on average (21% to 45%)

LOW$90   3,200 THB
AVERAGE$630   23,000 THB
HIGH$4,200   150,000 THB
Per Month

Individuals in Thailand typically spend from 21% to 45% of their total monthly expenditure on housing with 33% being the average. The average monthly spend on housing is 23,000 THB with expenditure ranging from 3,200 THB to 150,000 THB. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for individuals

Cost of utilities7%

7% of total expenses on average (3% to 12%)

LOW$15   540 THB
AVERAGE$110   3,800 THB
HIGH$710   25,000 THB
Per Month

Utility expenditure like electricity, water, and gas in Thailand ranges from 3% to 12% of total expenses with 7% being the average for most individuals. The average monthly cost of utilities is 3,800 THB with 540 THB and 25,000 THB being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel7%

7% of total expenses on average (5% to 13%)

LOW$20   720 THB
AVERAGE$140   5,100 THB
HIGH$940   34,000 THB
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 720 THB to 34,000 THB in a month on commuting with 5,100 THB being the norm for most individuals. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 5% or as high as 13%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost17%

17% of total expenses on average (11% to 22%)

LOW$40   1,400 THB
AVERAGE$280   10,000 THB
HIGH$1,900   67,000 THB
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Thailand is 10,000 THB. The cost of groceries can range between 1,400 THB to 67,000 THB. Individuals spend on average about 17% on food and groceries with upper and lower bounds of 11% and 22% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare10%

10% of total expenses on average (4% to 14%)

LOW$23   810 THB
AVERAGE$160   5,700 THB
HIGH$1,100   38,000 THB
Per Month

Individuals in Thailand allocate 4% to 14% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 10%. The range of medical expenses range from 810 THB to 38,000 THB with 5,700 THB being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping4%

4% of total expenses on average (3% to 7%)

LOW$13   450 THB
AVERAGE$88   3,200 THB
HIGH$590   21,000 THB
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 450 THB to 21,000 THB with 3,200 THB being the average. Speaking of percentages, that equates to 3% to 7% of total expenses with an average of 4% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$5   180 THB
AVERAGE$35   1,300 THB
HIGH$240   8,400 THB
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 2% of the monthly expenditure of individuals with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 1,300 THB per month with 180 THB being the minimum spent amount and 8,400 THB being the maximum.

Other Expenses20%

20% of total expenses on average (12% to 24%)

LOW$45   1,600 THB
AVERAGE$320   11,000 THB
HIGH$2,100   76,000 THB
Per Month
Percentage of individuals who manage to save money from their income every month in Thailand

What percentage of individuals in Thailand are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
71%
Not Saving
30%

Almost 71% of surveyed individuals in Thailand said that they can save some money at the end of each month while 30% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in Thailand

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do individuals manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

14% 23% of income 33%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

2,700 THB
$76
25,000 THB
$690
160,000 THB
$4,600
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%29%
10% - 20%23%
20% - 30%16%
30% - 40%16%
40% - 50%12%
> 50%4%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 14% to 33% of their monthly income to their savings, with 23% being the average for most individuals. The average monthly amount of money that individuals can put aside is 25,000 THB with 2,700 THB and 160,000 THB being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Thailand

Saving Challenges in Thailand

Reasons that make it difficult for individuals to save money

We wanted to understand what is stopping people from maximizing their savings in Thailand. Listed below are the answers given by the survey participants.


Reason% People
Low Income7%
High Expenses10%
Debt and Loans19%
Lack of Budgeting Skills10%
Impulsive Spending9%
Financial Emergencies6%
Living the moment7%
Will do it later16%
Inflation10%
Social Pressure3%
Market Instability3%

Around 7% of the individuals said that their salary is too low to accommodate a portion for savings while 10% said that the high cost of living leaves little room for savings. 19% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 9% of individuals blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 16% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 10% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in Thailand

Typical saving choices for individuals in Thailand

Where do people choose to put their savings?


Saving Type% People
Emergency Funds10%
Gold10%
Savings Accounts17%
Retirement Accounts12%
Cash Savings15%
Real Estate10%
Investment6%
Stocks6%
Bonds7%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for individuals to live in Thailand

Affordable living in Thailand

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Thailand?


Yes
74%
No
26%

Around 74% of surveyed individuals think that living in Thailand is affordable with proper budgeting while 26% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Thailand

Low-cost alternatives in Thailand

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options61%

Few low-cost options39%


Based on the survey, 61% of the individuals living in Thailand have no problem finding low-cost alternatives to support a frugal lifestyle while 39% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Individuals

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked individuals of Thailand whether they have an emergency fund and the answers were as follows.

Yes73%

No27%


Based on the survey, 27% of the individuals living in Thailand said that they don't have an emergency fund while 73% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Thailand

Financial Literacy in Thailand

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy69%


We asked individuals in Thailand whether they acquired any adequate personal financial training in their lives. Approximately 31% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 69% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether single people of Thailand have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 25% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 75% said that they have everything under control.

Struggles with finance25%

Easily manages finances75%

Financial goals and targets of single people living in Thailand

Financial goals of individuals in Thailand

In an attempt to understand the economic situation in Thailand, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund6%
Debt Reduction31%
Retirement Savings7%
Education Funding9%
Homeownership16%
Investing9%
Travel or Lifestyle11%
Healthcare Expenses8%
Financial Independence9%

Around 6% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 31% said their number one priority is to pay off high-interest debt or loans and improve credit. 7% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 9% reported that their priority is saving for the tuition fees and education costs of their children while 16% choose to buy a home or pay off existing mortgage before other things. 9% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 11% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 8% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in Thailand

Debt, loans, and mortgages in Thailand


Percentage of individuals who are in debt


In Debt
25%
Debt Free
75%

According to the survey, 25% of the individuals in Thailand have some kind of debt, loan, mortgage, or credit card payments while 75% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Thailand

Debt-to-income ratio in Thailand

Debt to income ratio

28%

19% to 37%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 28% of a single person's monthly income in Thailand goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%11%
40% - 50%11%
30% - 40%13%
20% - 30%16%
10% - 20%19%
0% - 10%28%

According to our data, 3% of the debtors in Thailand pay 60%+ of their income as debt settlement while 11% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 11% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 13% dedicated 30% to 40% of income for same. Things are looking brighter for 16% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Thailand

Debt% People
Real Estate Mortgage14%
Auto Loan24%
Student Loan3%
Credit Card24%
Personal Loan36%

14% of debtors in Thailand confirm that real estate mortgages constitutes the main part of their outstanding debt while 24% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 24% of people and personal loans rose at 36%. Lastly, student loans are the main source of debt for 3% of debtors in Thailand.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Thailand

Besides measuring the loan-to-income ratio, we asked individuals of Thailand how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never56%
Once a year22%
Twice a year11%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Thailand

Housing costs, accommodation, and housing affordability in Thailand

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Thailand

Monthly Rent Prices

Studio apartment monthly rent cost

8,100 THB 12,000 THB 33,000 THB
MINIMUM AVERAGE MAXIMUM
$230 $340 $910

1-bedroom apartment monthly rent cost

12,000 THB 20,000 THB 49,000 THB
MINIMUM AVERAGE MAXIMUM
$340 $540 $1,400

2-bedroom apartment monthly rent cost

16,000 THB 24,000 THB 65,000 THB
MINIMUM AVERAGE MAXIMUM
$450 $680 $1,800

3-bedroom apartment monthly rent cost

20,000 THB 33,000 THB 89,000 THB
MINIMUM AVERAGE MAXIMUM
$540 $910 $2,500

Furnished apartment monthly rent cost

39,000 THB 98,000 THB 200,000 THB
MINIMUM AVERAGE MAXIMUM
$1,100 $2,700 $5,400

Townhouse monthly rent cost

33,000 THB 49,000 THB 140,000 THB
MINIMUM AVERAGE MAXIMUM
$910 $1,400 $3,900

House monthly rent cost

39,000 THB 98,000 THB 200,000 THB
MINIMUM AVERAGE MAXIMUM
$1,100 $2,700 $5,400

Villa monthly rent cost

49,000 THB 120,000 THB 200,000 THB
MINIMUM AVERAGE MAXIMUM
$1,400 $3,400 $5,400

The monthly rental cost of a studio apartment in Thailand ranges between 8,100 THB and 33,000 THB, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 12,000 THB to 49,000 THB. Two-bedroom rentals rate ranges between 16,000 THB and 65,000 THB per month. The monthly rental for a three-bedroom apartment ranges from 20,000 THB to 89,000 THB. The average rent of a townhouse in Thailand is around 49,000 THB while house rental costs can be as high as 98,000 THB per month. Finally, if you want to rent a villa, expect to pay anywhere from 49,000 THB to 200,000 THB per month.



Apartment and house prices in Thailand

Cost of buying a property

Studio apartment price

1.6M THB 2.4M THB 4.9M THB
MINIMUM AVERAGE MAXIMUM
$45,000 $68,000 $140,000

1-bedroom apartment price

2M THB 3.3M THB 12M THB
MINIMUM AVERAGE MAXIMUM
$54,000 $91,000 $340,000

2-bedroom apartment price

3.3M THB 9.8M THB 20M THB
MINIMUM AVERAGE MAXIMUM
$91,000 $270,000 $540,000

3-bedroom apartment price

11M THB 16M THB 49M THB
MINIMUM AVERAGE MAXIMUM
$300,000 $450,000 $1.4M

Townhouse price

14M THB 33M THB 120M THB
MINIMUM AVERAGE MAXIMUM
$390,000 $910,000 $3.4M

House price

16M THB 98M THB 140M THB
MINIMUM AVERAGE MAXIMUM
$450,000 $2.7M $3.9M

Villa price

20M THB 110M THB 160M THB
MINIMUM AVERAGE MAXIMUM
$540,000 $3M $4.5M

The average price of a studio apartment in Thailand can range from 1.6M THB to 4.9M THB depending on location. One bedroom cost can be anywhere from 2M THB to 12M THB. A villa can cost you 110M THB on average with prices ranging from 20M THB to 160M THB.


If you're leasing or purchasing, housing costs in Thailand will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


42 x122 monthly income 213
MINIMUM AVERAGE MAXIMUM

Property prices in Thailand can be x122 to x213 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x122 multiples of the average monthly salary in Thailand.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


22% 32% of income 42%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Thailand is around 32%. This means that people pay 32% of their income for rent. Those figures can range from 22% to 42% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
30%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.2%
AVERAGE
3.2%
TO
4.2%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


140 THB 1,800 THB 18,000 THB
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Thailand

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Thailand

Utility Bill Cost / Electricity + Water + Gas / A single person

540 THB 3,800 THB 25,000 THB
MINIMUM AVERAGE MAXIMUM
$15 $110 $710

Internet and cable cost

490 THB 980 THB 1,300 THB
MINIMUM AVERAGE MAXIMUM
$14 $27 $36

Mobile phone bill and charges

390 THB 650 THB 2,000 THB
MINIMUM AVERAGE MAXIMUM
$11 $18 $54

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of individuals is around 3,800 THB. The cost of internet and WiFi ranges from 490 THB to 1,300 THB with 980 THB being the average internet bill. Finally, the average monthly mobile charges is around 650 THB but can range between 390 THB and 2,000 THB depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


2% 5% of income 9%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Thailand is around 5%. This means that people pay 5% of their income for energy, water, internet, and mobile charges. Those figures can range from 2% to 9% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Thailand

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Thailand

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

98 THB 200 THB 330 THB
MINIMUM AVERAGE MAXIMUM
$2.7 $5.4 $9.1

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Thailand is approximatly 200 THB with meal cost ranging from 98 THB to 330 THB. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

330 THB 490 THB 980 THB
MINIMUM AVERAGE MAXIMUM
$9.1 $14 $27

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 330 THB and 980 THB with 490 THB being the average price of a plate for one person at a regular restaurant in Thailand.

Fine dining meal for one price

650 THB 980 THB 3,900 THB
MINIMUM AVERAGE MAXIMUM
$18 $27 $110

The price range of a meal at fine-dining restaurant is 650 THB to 3,900 THB with the average cost being 980 THB for one person. This is what you would expect to pay a top-tier diner in Thailand.

Beverage prices, cappuccino, latte etc..

81 THB 130 THB 200 THB
MINIMUM AVERAGE MAXIMUM
$2.3 $3.6 $5.4

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Thailand is around 130 THB. Price ranges between 81 THB and 200 THB depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

65 THB 78 THB 98 THB
MINIMUM AVERAGE MAXIMUM
$1.8 $2.2 $2.7

The average price of a large bottle of milk in Thailand is 78 THB. The maximum what you would pay for milk is 98 THB and the minimum being 65 THB depending on the brand of milk and other properties.

12 eggs price

49 THB 65 THB 98 THB
MINIMUM AVERAGE MAXIMUM
$1.4 $1.8 $2.7

A dozen eggs costs around 65 THB on average with 49 THB and 98 THB being the lower and upper limits respectively.

Fresh whole chicken price

110 THB 140 THB 200 THB
MINIMUM AVERAGE MAXIMUM
$3.1 $4 $5.7

The price range of a fresh whole chicken in Thailand is between 110 THB and 200 THB depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 140 THB.

Pack of beef price

130 THB 200 THB 390 THB
MINIMUM AVERAGE MAXIMUM
$3.6 $5.4 $11

The price of a regular pack of beef or meat is around 200 THB. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

52 THB 72 THB 100 THB
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $2.8

A bag of rice in Thailand costs around 72 THB on average with prices rangeing between 52 THB and 100 THB depending on the brand and quality.

Bag of tomatos price

20 THB 26 THB 49 THB
MINIMUM AVERAGE MAXIMUM
$0.54 $0.73 $1.4

A bag of tomatoes costs anywhere from 20 THB to 49 THB. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

35 THB 46 THB 75 THB
MINIMUM AVERAGE MAXIMUM
$0.97 $1.3 $2.1

A bag of apples costs 46 THB on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


17% 25% of income 31%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Thailand is around 25%. This means that individuals spend 25% of their income on grocery and basic household items. The expenditure can range from 17% to 31% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 1,400 THB to 67,000 THB with the location, income being the most determinite factors.

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