Updated 26 November, 2008
*For a comfortable lifestyle in Bangkok, one should budget between THB 25,000 - 40,000 or up about $1,000.*
Rent and Utilities - Up to THB 8,000 per month:
My boyfriend and I live in a 25sqm studio apartment with a spacious patio. The rent itself is only THB 4,500/month, inclusive of fees such as THB 300 for internet access and THB 200 for a phone line. Water is 6 baht per unit at electricity is 17 baht per unit. Expect to spend about 1,000 baht per month on mobile phone calls/texts if you're using the prepaid system, however all phone companies offer excellent deals on their post-paid plans. I live in a university zone in the outskirts, so all costs are low in comparison to central Bangkok, where living costs of the same standard can get up to three times as high.
Transportation - THB 1,000+ per month:
I don't drive as traffic in Bangkok is too frustrating and some locals are reckless on the road. The Bangkok public transportation system, however, is fairly organized. I take the Sky Train (called the BTS) to and from work and buses to and from the train station. I pay THB 600 for a "30-trip Adult SmartPass" which allows me to travel any distance on the trains for a fixed 20 baht per trip. See
http://www.bts.co.th/en/ticket_new.asp for package deals and further info. Buses can be air-conditioned (and here, costs of rides are determined by distance) but I prefer to take the open-air bus which charges only 8 baht per ride.
Food - THB 3,000+ per month:
In Thailand, you can eat a full meal for $1.
I always eat fruits and toast or pancakes for breakfast, which can all be bought outside for less than 30 baht in total. I spend about 10 baht per bag of fruit (normally you will find fruit vendors in mobile stalls and you can choose which fruits you want them to cut up for you). For lunch and dinner, meals in local restaurants range from THB 25 - 150, inclusive of soup or salad, a drink and dessert. *NOTE* Proportions are "Asian". My boyfriend, who is Russian, usually gets two servings of most meals we have at Thai food stalls. If you're looking to stick to only American or European food, expect to eat only in restaurants and to pay at least THB 200/meal.
Groceries, inclusive of toiletries and other things needed at home, average at about THB 2,000 per month. If you prefer to cook at home, these costs can drop by up to half, although you would have to add in the costs of a stove, gas and washing. (Our electric stove made a significant dent in our bill, so we switched to gas, which costs us THB 200/month) Vegetables and raw meat/fish are usually very cheap (although again, quite small)
Shopping and Entertainment - THB 2,000+ per month:
Shopping is easy to do and difficult to avoid. Bangkok is notorious for the excellent copies they make of designer bags and clothes. In the side-walk shops, a full outfit, complete with shoes, will cost less than THB 1,000. The night bazaar and weekend market are also excellent place to shop for clothes, accessories and even furniture which is otherwise very expensive in malls and department stores. Local versions of Walmart include Tesco Lotus and Carrefour.
Clubbing seems to be the culture in Bangkok, although little can be said of the music they play. Currently, American Hip-hop dominates the music stream, though you may find that several clubs play House/Lounge or Trance as well. An average night out with friends (where I pay for myself) costs about THB 500, which covers one or two cocktails and cab fares there and back. For special occasions, you may opt to buy a bottle (THB900+) and mixers, as mixing hard liquor with coke or soda-water is the popular means of drinking here. Most clubs and pubs have no entrance fee but at the higher-end hang outs where the atmosphere compares to NY or London, expect to pay up to THB 1,000 for cover charge.
*NOTE* My entertainment costs also include movies (THB 80+ at the cinema or 100 baht per fake DVD) and books/magazines, which can found in the malls and cost about the same as they do worldwide. The two most popular places to buy books and magazines are Kinokuniya and Asia Books, and music can be bought in CD Warehouse or similar local stores.