Location Factors

Thailand

The location factor for Thailand is 0.81, based on national living costs.

This means a ฿1,698,992 per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to ฿1,824,844.
It would be ฿1,016,954 based on market rates, ฿1,092,284 with taxes paid in Germany.

You can also start a calculation based on Thailand.

Name Thailand
Chosen Factor 0.81 0.87*
Market Rates 0.49 0.52*
Consumer Price Index 0.61 0.66*
Rent Index* 0.62 0.66*
Consumer Price Plus Rent Index 0.61 0.66*
Groceries Index 0.81 0.87*
Restaurant Price Index* 0.34 0.37*
Local Purchasing Power Index* 0.35 0.37*
Buffer Location Bracket* C
Currency Thai Baht (THB)
Income Tax* 0% to 35%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScale. Living costs based on Numbeo.

Locations in Thailand

City Factor Based On
Bangkok 0.87 0.94* Living Costs
Chiang Mai 0.65 0.70* Living Costs
Phuket 0.99 1.06* Living Costs
create calculation* If taxes paid in Germany instead.