Cost of living in Nakhon Ratchasima
Nakhon Ratchasima, often referred to as Korat, is a significant city in Thailand known for its cultural heritage and economic importance. Understanding the cost of living here is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses in Nakhon Ratchasima, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $1.3 on average, with a range between $1.3 and $8.66.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $14.43, with prices ranging from $10.1 to $57.73.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.74, with a range between $2.86 and $8.66.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.44 to $3.46, imported beer $1.88 to $5.48, cappuccino $0.72 to $4.33, and Coke/Pepsi $0.43 to $1.44.
Grocery Prices
- Milk - Milk is priced between $0.69 and $2.83 per liter, averaging $1.53.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.69 and $2.16, with an average price of $0.98.
- Eggs (Dozen) - A dozen eggs range from $1.04 to $2.84, averaging $1.39.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.76 to $5.09 per kg, while oranges range from $0.58 to $3.46 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.87 and $2.6 per kg, and lettuce costs $0.29 to $2.6 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.2 and $0.58.
- Fuel (Gasoline) - Gasoline is priced between $0.98 and $1.37 per liter.
- Taxi Fares - Taxi fares start at $0.87, with a cost of $0.63 to $1.73 per km and $2.89 to $7.22 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $110 to $450, averaging $262.69.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $72.16 to $288.63, averaging $147.73.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $230.9 to $1205, averaging $629.71.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $115.45 to $850, averaging $452.77.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1674.03 to $4843.76, averaging $2894.16.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $525.93 to $2690.98, averaging $1457.14.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $49.07 and $158.74, averaging $72.31.
- Internet - Internet services range from $14.43 to $50, with an average cost of $17.38.
Cost of Living Rankings
The cost of living indices for Thailand are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Thailand, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Nakhon Ratchasima offers a relatively low cost of living compared to many Western cities, with affordable dining and housing options.
Transportation costs are minimal, making it easy to navigate the city without a significant financial burden.
Grocery prices are generally low, although imported goods may be more expensive.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Nakhon Ratchasima.
Conclusion
In conclusion, Nakhon Ratchasima presents an affordable living environment with a balanced mix of low-cost housing, dining, and transportation.
The city is ideal for those looking to experience Thai culture without the high expenses associated with larger cities.
Potential residents can enjoy a comfortable lifestyle with a moderate budget, making it an attractive option for both locals and expatriates.