So what’s our spending like in Chiang Mai now that we’ve lived here for a year and a half? It’s been twelve months since our last full budget report, so here’s the latest in what we spend living a good life in Thailand. Onward to our Chiang Mai monthly expense report, round two!
Chiang Mai Monthly Expenses, Round Two!
The two of us spent just shy of $1500 last month:
Rent & Internet: We left our townhouse and moved into a two bedroom house just outside the Old City for 14,000 baht ($450 USD) per month. It has a Western kitchen, a small yard, washing machine, and two air-conditioners. This price also includes excellent WiFi (21 mbps)
Eating Out: We’ve gradually steered away from eating Thai food out all the time. Although we still eat Thai food for lunch, now we enjoy fewer but more expensive Western dinners that average around 600 baht ($20 USD). We’ve also gotten hooked on daily coffee drinks and fruit smoothies.
Entertainment: Most of this expense was from our three-day mini vacation visiting the floating bungalows and Sticky Waterfalls at the SriLanna National Park. But sometimes we like to play pool or watch a movie, too.
Personal Care: We treated ourselves to a massage, a great haircut, some new clothes, and books. We both signed up for gym memberships. We also had a small drop-in to the local clinic and bought some toiletries such as shampoo, razors, and hair gel.
Adult Beverages: What can we say? Two or three times a week we have drinks at dinner or go out with friends. We almost always stick to the local beer and rum, which is significantly cheaper than imported alcohol.
Groceries: Angela cooks dinner about three times a week now, where before it was three times a month. She shops at the our local market almost every day. But this month we’re also guilty of going to the expensive Western import grocery store called Rimping, twice, and splurging on things like grass-fed cow’s butter, Parmesan cheese, western spices, and peanut butter.
Bills (Electric, Water, & Cellphone): We run the AC during the hottest part of the day and our fan is normally on at night. This month’s electric bill was just shy of 600 baht ($20 USD). Our 120 baht ($4 USD) water bill covered what we use for showers, washing clothing, and washing dishes. We buy drinking and cooking water separately. We also both have cellphone plans for our smartphones.
Transportation: Our motorbike has done well and has cost us nothing in repairs. The only maintenance so far have been oil changes and washes. We bought gas this month only twice because we stayed home a lot and ended up walking to places more often.
June 2013 vs July 2014
Alright, so our Chiang Mai monthly expenses have gone up a bit since last year. So where’s our money going?
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We’ve been eating Thai food a little less and have found ourselves splurging on Western food more often, whether it’s home cooked or from a restaurant. We also just happened to buy a lot of clothes and personal grooming items this month, which isn’t the norm.
But our electric bills have gone down a lot since we downsized from a 150 sq m townhouse to a 75 sq m house. It also helps that our internet is included in the rent price.
Thailand vs USA Living Expenses
We were inspired to write this Chiang Mai monthly expense budget post after seeing how little we spent in July 2014 compared to our outrageous spending the month prior when we visited the US.
July 2014 Thailand vs June 2014 USA
Keep in mind that while we were in the US, we still had to pay our Thai rent, utilities, and phone bills. Can we just say that we’re glad to be back in Thailand!
We’re at the top of our budget, so we plan to get our spending back down to $1,200 next month. We plan to focus our on energy on some projects and go out less, cook at home more and dine at Western restaurants less, and spend more time working out and studying Thai.
But hey, we can’t beat ourselves up too much because we spent $1,500 in July. That wouldn’t even cover the price of rent at our old apartment back in the US!
Planning on visiting Chiang Mai with intention of moving to it eventually. Would like to spend at least a month in Chiang Mai getting a feel for it. Need broadband internet that is relatively decent. Any recommendations on where to hang my hat? Just one solo guy.
Baan Thai Residences in Nimman is pretty popular with the digital nomad crowd. Have fun!
Love your column and the info contained therein! I’m wondering if you comment on other areas that are emerging in Thailand for ex-pats. Is Chaing Rai among them?
We haven’t yet written posts about Chiang Rai. We’ve only been there once and were simply passing through, so we didn’t have much to write about. We’ll make sure to write about it whenever we visit.
Chris and Angela
I am in the process of planning to hopefully live in Chiang Mai, but in about 4-5 years time when I am about 55yrs old. I have visited many times, staying at rating Lodge, CM Bluenose and SK2 House. I fell in love with Chiang Mai the first time I visited in about 1991.
Your blog is great, one of the best I have seen, many thanks. Only found it tonight so tomorrow going to have another good read through it.
Take care to you both, I am very jealous…
Love Howard
Thanks Howard! We love hearing when new readers have a good sit down and read through of our blog. We hope you enjoyed it and learned a lot! Chiang Mai has probably changed quite a bit since 1991, but it’s still a wonderful place to be.
Wow! My family and I moved form the USA and now live in Macau and our rent alone is $2800 USD. I would LOVE to find something more affordable, but unfortunately, Macau is like a different planet. smh.
It’s crazy how much of a swing cost of living is. Since you’re already on this side of the world, check out Thailand if you can! :)
Love this! It’s awesome how much cheaper the cost of living is. Have you posted an article about your new place? I must have missed it!
The uber cheap cost of living in Thailand was such a huge motivator for us to move here. A post on our new house is soon to follow!
I would also love to see more about your new place and the surroundings. We should be arriving in Chiang Mai tomorrow or the next day and will be looking for a place for a few months. (2 or 3 bed) also, did you find your place on your own, word of mouth or an agent? We will be hoofing it, with 2 kids in tow, so we are excited to begin our hunt. If you have any details like areas that are good to search in, just let us know. The cheaper the better. :-)
Congrats for finally making it to Chiang Mai! A few two-bedroom serviced apartments that you should look into are: The Bliss, Green Hill Place, and Galare Thong Condo. They are all under $1000 per month and close to the Old City. We hope your family loves it here!
Chris & Angela – I would love to see a posting about your new accomodation and neighbourhood. I can guess that life in a house offers some new challenges as well as pleasures. Hope your cat has enjoyed the move!
We plan to put a post up about our house with all the details and new utility costs. We love it! We don’t think the cats loves it as much though. It’s sealed better, so less critters get in that he can chase. Plus it’s smaller so he can’t go zooming around it like he did the huge townhouse. :)
Gotta love the sticky falls :)
Whoa: This is really awesome. Sometimes I don’t know why I end up living in the most expensive cities in the country.
Chiang Mai’s cost of living was definitely a leading factor for why we moved here!
I didn’t see anything about health insurance in your monthly costs. Do you have health insurance or do you self insure?
We self insure. Although, we do have motorcycle insurance that covers our medical expenses in the case that something were to happen. Good health insurance can be bought for around $1000 USD a year per person (more expensive if you want coverage in the US as part of your plan).
“”Good health insurance can be bought for around $1000 USD a year per person “”
Hi Chris, I am an expat in China, (with regular trips to Thailand) also self insuring. Which company can provide this good coverage at that price? I have been thinking of going that route.
Thanks! joseph
Hi Joe, I was just doing research last week and these are the companies (that I have heard are reputable) that I had send quotes my way: Lmg Pacific , Nzi Healthcare , and Bupa. Good luck!
Thanks! I will look into these…..J
Hi.
Very useful information on this webpage.
About how much should one set aside for self insurance?
Thanks!
We were quoted roughly $250 per month (married couple in their 30s).
Must. Go. Back! We met Jill and Josh from Screw The Nine to Five out here a couple months ago BTW and got to talking about how awesome you guys are! Crazy how small our world is. :)
We’d love to see you again when you make it back to Chiang Mai. Jill and Josh are beasts! They are a couple to aspire to be like!
Sounds like you’re well on track to meeting your Chiang Mai budget goal. I’m sure it’seems not easy not running the A/C all the time, but you seem to be rocking it.
It’s tempting to leave the AC on all day (a very American thing to do) but the temperatures aren’t too bad now that we’re in the rainy season. We’re just happy that the bill comes to $20 and not $120!