Bangkok now second most expensive city to live in Southeast Asia
Thailand’s capital Bangkok has now become the second most expensive city to live in within ASEAN, only beaten by Singapore, according to a new ranking by cost of living comparison platform Numbeo.com.
But Pattaya, Phuket and Chiang Mai aren’t far behind in fourth, fifth and sixth place ahead of Malaysian island Penang in eighth place and Kuala Lumpur, Malaysia’s capital, in ninth place.
Third-placed Yangon was another surprise coming in with a higher cost of living than the three popular Thai destinations, likewise Phom Penh on rank five. The cost of living in this ranking was calculated without rent costs (see table below for the rent cost index).
The cheapest cities in the cost of living index were Petaling Jaya, Malaysia (14th), Surabaya, Indonesia (15th), Cebu, Philippines (16th), Bandung, Indonesia (17th) and Davao, Philippines (18th).
The survey somehow challenges Thailand’s ambitions to attract more foreign retirees as even Chiang Mai, a popular choice for long-stay retirees, turns out to be considerably more expensive than cities in Malaysia where rules for visa and land ownership are much more liberal.
The two most expensive cities in Southeast Asia as per numbers:
1. Singapore
Four-person family monthly costs: $2,737 without rent.
A single person monthly costs: $764 without rent.
Cost of living rank 113th out of 438 cities in the world.
Singapore has a cost of living index of 69.38.
2. Bangkok
Four-person family monthly costs: $2,420 without rent.
A single person monthly costs: $671 without rent.
Cost of living rank 212th out of 438 cities in the world.
Bangkok has a cost of living index of 56.60.
Thailand’s capital Bangkok has now become the second most expensive city to live in within ASEAN, only beaten by Singapore, according to a new ranking by cost of living comparison platform Numbeo.com. But Pattaya, Phuket and Chiang Mai aren’t far behind in fourth, fifth and sixth place ahead of Malaysian island Penang in eighth place and Kuala Lumpur, Malaysia’s capital, in ninth place. Third-placed Yangon was another surprise coming in with a higher cost of living than the three popular Thai destinations, likewise Phom Penh on rank five. The cost of living in this ranking was calculated without rent costs...
Thailand’s capital Bangkok has now become the second most expensive city to live in within ASEAN, only beaten by Singapore, according to a new ranking by cost of living comparison platform Numbeo.com.
But Pattaya, Phuket and Chiang Mai aren’t far behind in fourth, fifth and sixth place ahead of Malaysian island Penang in eighth place and Kuala Lumpur, Malaysia’s capital, in ninth place.
Third-placed Yangon was another surprise coming in with a higher cost of living than the three popular Thai destinations, likewise Phom Penh on rank five. The cost of living in this ranking was calculated without rent costs (see table below for the rent cost index).
The cheapest cities in the cost of living index were Petaling Jaya, Malaysia (14th), Surabaya, Indonesia (15th), Cebu, Philippines (16th), Bandung, Indonesia (17th) and Davao, Philippines (18th).
The survey somehow challenges Thailand’s ambitions to attract more foreign retirees as even Chiang Mai, a popular choice for long-stay retirees, turns out to be considerably more expensive than cities in Malaysia where rules for visa and land ownership are much more liberal.
The two most expensive cities in Southeast Asia as per numbers:
1. Singapore
Four-person family monthly costs: $2,737 without rent.
A single person monthly costs: $764 without rent.
Cost of living rank 113th out of 438 cities in the world.
Singapore has a cost of living index of 69.38.
2. Bangkok
Four-person family monthly costs: $2,420 without rent.
A single person monthly costs: $671 without rent.
Cost of living rank 212th out of 438 cities in the world.
Bangkok has a cost of living index of 56.60.
