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I know of a single American man who lives in Chiang Mai on $200 a month, with half that going for rent. He gets around on a bicycle and eats at low-cost noodle stalls or for free when a temple offers lunch.
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Yeah, that's my idea of a good retirement. Living in some roach and ant infested, 40 year old room with no air conditioning, and looking for handouts from the local Buddhists at the temple. Talk about living the high life!
$500 = 15,000 baht. I guess you could live in Thailand off that, but I wouldn't recommend it. Just our basic, monthly bills (rent, electric, internet, etc.) are about 11,000/month. We spend about 80,000/month ourselves, and our life is fine, but nothing glamorous. Then again, there is 8 of us living here.
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