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Cost of living and good salary?

Cost of living and good salary?

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Old Dec 14th 2016, 1:58 pm
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Default Cost of living and good salary?

What does one need to do well in Bangkok? What salary would be acceptable and how much does it cost to rent a nice apartment with a pool in the condo?

I know this depends on a lot of variables but say would 100 000 K be enough for one person?

200K for two people and would this be enough to put some money away to save?

Thanks. If anyone knows of any specific condos, that are nice please let me know.
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Old Dec 14th 2016, 2:36 pm
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Default Re: Cost of living and good salary?

Have a look at DD Property for an idea about rents. They've got an app too, which is quite handy, so you can enter your price range, location etc and see what comes up.

As for salary and saving there are so many variables.

1) Do you have kids? A half decent international school will start at 200k a year, going up to 6-700k for a top school.

2) Will the job pay for flights home and insurance? This can add up.

3) Is your plan to save?
If it is, you're probably best off living in the suburbs. As a general rule, the further out you go the cheaper everything gets, and I mean everything, not just rent.

4) Are you planning to get a car? Something else to factor in to your costs, although fuel is fairly cheap at the moment.

100k a month is okay, but if you're living in the city rent will take a big chunk, and if you like going out, western food and alcohol can add up.

However, if you're a stay at home kind of guy and don't mind living out if the centre you could easily save the bulk of that.
Townhouses in the suburbs start at around 3000 a month, you could possibly get a nice villa for 15.

So there's no easy answer really. A lot depends on your lifestyle.

200k a month, even living in the city, you should still bank at least half of that, unless you're a party animal.
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Old Dec 14th 2016, 2:55 pm
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Default Re: Cost of living and good salary?

Thanks for the info. No kids as of yet. Will live in city as need to be close to work. Insurance flights included. Not party animal.
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Old Dec 25th 2016, 2:24 pm
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Default Re: Cost of living and good salary?

Originally Posted by jonesmanc View Post
Thanks for the info. No kids as of yet. Will live in city as need to be close to work. Insurance flights included. Not party animal.
Rent for accommodation also depends how close you want to be to public transport e.g. BTS skytrain.
Out of a 100.000 THB the biggest junk will be for rent. Most buildings have pools and gym. If you buy mainly western style groceries your food bill for 2 can easily be 30.000. Drink not included.
We are 2 oldies, don't buy wine etc., some imported food (Waitrose), some Thai products.
Cost of living is quite high.
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