Thailand is known for its amazing beaches and stunning scenery, but what many visitors don’t know is that the cost of living in Thailand can be quite high. The average price of a gallon of gasoline in Thailand is about 50 baht, which comes to about $1.30 USD. Rent for an apartment ranges from 300-600 baht per month, depending on the size and location. And even though food is relatively affordable in Thailand, restaurant meals can still cost around 100-200 baht. In addition, transportation costs can be quite high; for example, a one-way ride on a bus or train can cost anywhere from 10-50 baht.
There are several ways to reduce your cost of living in Thailand:
1) Live cheaply in Bangkok or Chiang Mai. These cities have a high concentration of budget-friendly hotels and guesthouses, as well as restaurants that offer value for money.
2) Diversify your income sources. While wages in Thailand are relatively low compared to other countries in the region, there are plenty of opportunities to make extra cash working part-time or freelance abroad.