Let's explore some specific costs of living in Thailand as of 2024. For housing, renting a one bedroom apartment in Bangkok's city center costs around $400-$700 per month, while outside the city center, it ranges from $200-$400 per month. In popular tourist destinations like Phuket or Pattaya, prices can be slightly higher. If you're looking to buy property, foreigners can own condominiums outright, but there are restrictions on owning land.