Thailand jumps up cost-of-living table

[buksida]

Bangkok has leapt 43 places and entered the top 50 most expensive locations in the world for the first time, largely because of the strong baht, according a survey by ECA International, which advises on management and compensation for employees being assigned around the world.

"Bangkok, long seen as a cheap destination for holidaymakers and expatriates alike, has seen a huge jump in its rankings, moving the most out of all Asian cities surveyed. This is largely the result of the strong baht," said Lee Quane, regional director for Asia with ECA International.

Bangkok has moved up 75 places in the last two years and now ranks 47th in the annual ECA Cost of Living survey, while Chiang Mai moved up 56 places in the same period, he said.

ECA International has been researching the cost of living for more than 45 years. It carries out two main surveys per year to help companies calculate cost of living allowances so their employees' spending power is protected while on international assignment.

The surveys compare a basket of like-for-like consumer goods and services commonly purchased by assignees in over 480 locations worldwide.

Certain living costs, such as accommodation rental, utilities, car purchases and school fees are usually covered by separate allowances. Data for these costs are collected separately and are not included in ECA's cost of living basket.


https://www.bangkokpost.com/business/18 ... ving-table

[handdrummer]

A city in Azerbaijan, went from #111 to #1 in a year.

[buksida]

Well, Azerbaijan has oil and Bangkok has ... erm ... an over inflated currency, epic pollution, and a military dictatorship. Go figure.

[handdrummer]

Well, Azerbaijan has oil and Bangkok has ... erm ... an over inflated currency, epic pollution, and a military dictatorship. Go figure.

That would look great in a tourist brochure.