I was in Thailand about two years ago, and everyone was saying that the general cost of things had almost doubled in the past two years. Now, its two years later, and I plan to return for a month long holiday. Have prices inceased again? If so, by how much?
Thailand - 6 Answers
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1 :
Double? No way, 20% perhaps
2 :
It depends more on the rate of exchange with the baht However there are a lot of shops who put their prices on line http://www.bigc.co.th/en/promotions/category/6/ Is one you can click onto http://www.x-rates.com/calculator.html so you work it out for yourself. I haven't found it more expensive than before. If you eat and live like a Thai, it can be very cheap still. Imported goods are taxed at 27% so if there is something you like from home you can not live without, take it with you.
3 :
i agree
4 :
Inflation and the stronger Baht has made it hard on some people with fix incomes. However, with the price of oil coming down and the baht is a bit weaker against the dollar but not the pound or euro. I say inflation is about 5% this year. But I don't agree that it has doubled in the last two years.
5 :
The cost of living has risen but hasn't doubled over the last two years. Prices will also depend on the exchange rate of the currency you're exchanging. The British Pound and the New Zealand and Aussie Dollars have been taking a beating against the Baht, the Euro and American Dollar aren't too bad. You can still buy a meal on the street for 40 baht or so, beer is still relatively cheap, hotel prices have gone up but you can still find good deals (tourism is down) and public transportation has risen only minimally. Just like everywhere in the world, prices are up, but it's still a lot cheaper here than most places.
6 :
Inflation is running at about a 9-10% clip this year and has been on double digit rises for the past 2-3 years. So cost of living double? No. Has it risen significantly? Yes. Thai salaries have simply not kept pace with the rising cost of rent, food, transportation, and other items. As a tourist, you will likely feel this pinch too, but as others pointed out it is probably more attributed to your home currency's value compared to the baht.
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