Just How Cheap Is Life In Southeast Asia?
Oct. 19, 2014, Chiang Mai, Thailand: A breakdown of the monthly costs of living in Chiang Mai, Thailand.
Dear Live and Invest Overseas Reader,
Thailand is one place in the world where you can still enjoy aspects of first-class living at economy-class prices, as Asia Correspondent Paul Terhorst explains:
"A friend from Bangkok visited Vicki and me recently in Chiang Mai. The three of us had lunch at the five-star Shangri-La Hotel. The place oozes elegance. The weekday businessman's special lunch buffet is pasta, pizza, and dessert with espresso coffee, all for about US$8. When it's just Vicki and me, we eat where Thais eat. A plate of fried noodles—Pad Thai, a spicy curry with rice, or a stir-fry veggie dish—for just a dollar or two."
"If you're in the market for an affordable and exotic place to retire, consider settling down in Chiang Mai, where a retired couple could live for as little as US$1,055 per month if they rent...or for as little as US$765 per month if you own your own apartment or condo.