Money
A tough question to answer. It depends entirely on the type of traveler you are, but Thailand is a generally affordable country that caters for both backpackers, as well as luxury holiday makers. Food on the affordable side can range from 50 Thai Baht (THB) to 120 THB, while treating yourself to a high end meal can cost anywhere between 180THB to 550 THB. Different islands also price things differently, so a beer in Phuket can be 120 THB while the same beer in Koh Tao would be 50 THB. Excursions also play a huge role in expenditure, as prices can range from 600 THB to 3800 THB depending on what it is you’re doing. We personally felt comfortable on 1500 THB per day, and think it’s a good middle ground to work from.
Visa and MasterCard is accepted pretty much everywhere in Thailand, while you can draw money from the ATMs too, although there is usually a 200 THB transaction fee for every withdrawal, so draw large amounts and store the money in a safe place. Our most trusted banks are Siam Commercial Bank (purple bank with a yellow logo) and Bank of Ayudhya (yellow bank). Many restaurants and hotels will also allow you to swipe your card, and there is usually a 2,5% service fee on the amount spent.
