Significantly lower than the cost of living in France, Thailand attracts many people from all walks of life each year. Entrepreneurs, investors, tourists, and retirees alike find many advantages to living in the Kingdom. However, is this the case everywhere in the country? What is the cost of living in Thailand? Obsido Immo provides you with all the key information you need for your investment and your life in Thailand!
Thai salary VS your French salary
To begin, it's important to remember the conversion from euros to baht. One euro is equivalent to thirty-five Thai baht. The minimum wage in Thailand is only 9,390 baht. To save you the calculation, that's €268 per month. In Bangkok, the average salary is €670 per month. That's low compared to European salaries, and especially French ones! However, keep in mind that your lifestyle there won't be the same as that of a Thai person earning the minimum wage.
Real estate in Thailand and finding accommodation
The main difference between an expatriate who spends little and an expatriate who spends almost as much as in France will be in the housing and choice of living space.
By choosing to live in provincial towns or villages in Thailand, a monthly rent for comfortable accommodation will cost around 4,000 baht. On the other hand, if you choose to live in Bangkok, your furnished and equipped apartment will cost between 15,000 and 30,000 baht. Keep in mind that food and entertainment are more expensive in Bangkok than in provincial towns. But don't worry, it's still very affordable for most French people!
You can also opt for a leisure investment , allowing you to spend a few months each year in your property in Thailand. Obsido Immo can assist you with this type of solution! For the rest of the time, you won't have to worry about renting it out upon your return to France; your returns are contractually guaranteed by the developer at 5% to 8%, depending on the chosen program. We consider each investor unique, so please don't hesitate to contact us at this address so we can provide you with a customized proposal: [email protected ]
The cost of food in Thailand
Cooking at home is very affordable in Thailand. By buying local produce, you can find fruits and vegetables for less than €1 per kilo, chicken for less than €5 per kilo, and a dozen eggs for €1. However, don't count on imported products, which are generally more expensive than in France.
Eating out or in a restaurant is very affordable in Thailand: prices are very attractive. For a small street food stall or takeaway, expect to pay between €1 and €2 per person. If you prefer a more upscale restaurant, you can expect to pay around €10 per person on average.
Leisure and pleasure: a nice addition
Obviously, moving to a country like Thailand, where the cost of living is low, allows you to enjoy very inexpensive services that would be difficult to afford in France. Housekeeping, cooking, massages, and even grocery delivery: these services are available at an affordable price thanks to Thailand's minimum daily wage of €8. Access to these premium services is therefore yet another reason to invest in and live in Thailand.
Finally, you can take a trip to the Thai islands to go scuba diving. Admire the beauty of the underwater wildlife in idyllic settings for prices to suit all budgets. Diving costs around €30 in Phuket.
In short, the cost of living in Thailand is relatively low compared to the cost of living in France. Choosing where to live also means choosing the cost of living in Thailand. So select the cities or islands that appeal to you most and choose a quality real estate investment on Obsido Immo.
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