New zoning laws are purported to make Bangkok more dense and improve utilization With hardly an inch of earth left to maximize land use and public utilities, there is still a plan to transform bustling Bangkok through inclusive development. City planners and property developers hope the new Bangkok city plan, scheduled to be applied from […]Read More
Drive past Sukhumvit-Asoke intersection and you may notice a new billboard has come up in the past few days advertising a special discount for buyers of a high-end condominium project on Sathon Road that until recently was being touted as having been 100% sold out. One would be forgiven if they thought that this was […]Read More
“Pre-Sale & Flip” Real Estate Investment – investing in pre-sale or pre-construction real estate – was proven to be profitable. You can always buy real estate at a fraction of the cost of a completed property. In Bangkok and some other area in Thailand, real estate will appreciate in value (increase price) before the project […]Read More
Hi there. Yesterday I published the last Part C where I have concluded that I will need to spend more than 250,000 ฿ (almost 7,200 $) a month in New York if I want to maintain same lifestyle that costs me 95,000 ฿ (about 2,700 $) here in Asoke Bangkok Thailand. This calculation is probably quite specific for my own lifestyle, even though it may be some good indicator for other expats. I took into account food, utilities, consumer goods, sports and, certainly, real estate expenses to compare cost of living between two cities. I may need to add cost of health services – this may be of interest for many expats, especially those from New York, where cost of health insurance and doctor visits getting higher and higher. It may be a good topic for one of next articles.
Here I would like to complete calculation for comparing cost of living in Asoke Bangkok and Sydney Australia, as started in Part B.
How much it would cost me in Sydney to maintain my same Asoke Bangkok lifestyle?
We already know that consumer prices (excluding Real Estate rent) in Sydney are 76% higher than in Bangkok, restaurant prices in Sydney are 182% higher than in Bangkok, and groceries Prices in Sydney are 51% higher than in Bangkok