there is a substantional increase in prices in thailand over 10 years

[parafareno]

just came from fuji, where i used to pay like 230 bht for a meal, and today it was 300, so it means the inflation is really big in thailand...seems like the prices nearly doubled in 10 years?

also in MK it is same thing.....prices went up a but...

or is it just fuji?

[Kwasaki]

Here we go again another one who hasn't been here long enough. ????

[bkk6060]

Where have you been for 10 years?

That is an average annual inflation of approx. then 3% at Fuji.

Not out of line at all yes prices rise.

My suggestion if you are confused is to take a basic economics class or get a book explaining economics and inflation factors.

[CNXexpat]

Some prices go up, other go down and others stay. Everywhere all over the world. Especially during 10 years. 

[PatOngo]

Maybe Mama noodles will better suit your budget!

[Destiny1990]

If calculate it back to Euros or dollars then it certainly went up.

[parafareno]

no in bht only.....

 

[Puchaiyank]

prices went up a but...

 

Whose?

[mstevens]

Some things have gone up a lot, other things not to much.

 

I don't know if condo rents have gone up that much and taxi rates have not gone up too badly. But prices in restaurants and bars have sure gone up.

 

The real killer is the strengthening of the baht and how most of us get a lot less baht for our dollar / pound / euro. To me, that is where I really notice it. It's one thing saying a meal has gone up from 230 to 300 baht, but when I am getting about 25% less baht for my dollar, it hurts.

[ezzra]

I have found out that the price of fruits has gone up like 100-200% in the last few years due to the fact that China is now buying and pretty much cleaning up a lot of fruits from Thailand the the Chinese market, and not only that, Chinese buyers have bought many fruits growing business so to be able to get them even cheaper...

[Dexlowe]

6 hours ago, Kwasaki said:

Here we go again another one who hasn't been here long enough. ????

I don't understand why you feel it necessary to shoot the messenger. The cost of living is a constant topic of every society around the world and one that impacts on each of us. It might seem boring to the forum's intellectuals, but often these repetitive topics elicit new information or bring a bit of enlightenment to those of us not so endowed as you or haven't had the chance to enter into a discussion. As the old saying goes, there are no boring questions, just boring answers. 

 

To the OP, a big factor in price rises is the cost of rent. My regular hairdresser told me a few months back that she was retiring because she was getting sick of the annual rent rise for her shop (she was also getting on a bit) and having to put up the cost of her haircuts - it had risen from 60 baht to 120 baht in 2-3 years. Not a lot of money, sure, but indicative of what is happening, and of concern for her personally as she is popular with kids.

[jonwilly]

I have been coming to Thailand since end of the 70's and have lived here since April 2001.

Prices, Inflation has gone up, no doubt about that but then I will suggest prices, inflation is up in all serious economies.

Inflation is part of my life, I can remember the days when I could buy 16 pints of best bitter for £1, last time I was in UK £3 was the going rate for a pint.

Thailand is more expensive my weekly bills from Rimping Supermarket tell me that. Prices at Thai 'wet' markets have gone up but not by same % in my opinion.

 

john

[spidermike007]

From my point of view prices have gone up significantly both In Thailand and the US. Both talk about really low inflation. Total BS. Upwards of 10% or more annually. 

[BritManToo]

8 minutes ago, spidermike007 said:

From my point of view prices have gone up significantly both In Thailand and the US. Both talk about really low inflation. Total BS. Upwards of 10% or more annually. 

My mortgage repayments have gone down.

Petrol has also gone down.

And cheese ..........

 

Beer bars, bar girls and restaurants have gone down to ZERO, as I always eat and drink at home now.

You wouldn't believe the amount of money that's saved me.

 

On the other hand my company pension has increased by 40% in the last 4 years.

[Ombra]

8 hours ago, jonwilly said:

I have been coming to Thailand since end of the 70's and have lived here since April 2001.

Prices, Inflation has gone up, no doubt about that but then I will suggest prices, inflation is up in all serious economies.

Inflation is part of my life, I can remember the days when I could buy 16 pints of best bitter for £1, last time I was in UK £3 was the going rate for a pint.

Thailand is more expensive my weekly bills from Rimping Supermarket tell me that. Prices at Thai 'wet' markets have gone up but not by same % in my opinion.

 

john

How old are you? The Brewer's Almanac for 1921 says that a pint of beer in cost sixpence and you can remember paying sixpence farthing (16 pints for a pound).

[khunPer]

15 hours ago, parafareno said:

seems like the prices nearly doubled in 10 years?

No, 17 percent from consumer price index 88 to consumer price index 103 in 10-years...

 

 

However, some prices change different from others – index is a weighted average – so one might feel certain things, or services, are becoming more expensive than the index count.

 

I often compare to my home country's consumer price index – my home country Denmark is considered an EU financial class monitor – and the same period's price increase is 13.54 percent. So overall compared to EU-level Thailand might be little more expensive, and on top the change in currency exchange rate makes Thailand much more expensive, if the money source is foreign.

[dabhand]

8 hours ago, jonwilly said:

I have been coming to Thailand since end of the 70's and have lived here since April 2001.

Prices, Inflation has gone up, no doubt about that but then I will suggest prices, inflation is up in all serious economies.

Inflation is part of my life, I can remember the days when I could buy 16 pints of best bitter for £1, last time I was in UK £3 was the going rate for a pint.

Thailand is more expensive my weekly bills from Rimping Supermarket tell me that. Prices at Thai 'wet' markets have gone up but not by same % in my opinion.

 

john

Had my doubts about the cost of beer, but this link suggests you could indeed buy 16 pints for a pound back in 1953. So, if in early 80's, your memory sounds just fine.

https://www.chrishobbs.com/fiftyyears.htm

 

 

[ianezy0]

I remember when a beer was 1 shillin’ a pint, and wake up 1 hour before I went to sleep, worked down t’pit 23 hrs a day, got home to a shoebox and had to lick road clean wit tongue. You try tellin’ that to today’s youth...hic hic

[kevinmartyn]

Especially in 7/11!

 

Really hate these places

[Stevemercer]

I've noticed that imported items have gone up at about the same rate the Baht has gone up

[sletraveler]

1 hour ago, Ombra said:

How old are you? The Brewer's Almanac for 1921 says that a pint of beer in cost sixpence and you can remember paying sixpence farthing (16 pints for a pound).

Ah good times. I remember 7 oz beers for 15 cents and all you could drink nights for $3.00.  But the car repairs for passing out and crashing was a lot more.  

[JusticeGB]

Just look at the Government Inflation figures and multiply them by at least 3 and even then you are not close to the real inflation rate for foreigners. The official inflation rate is around 1.5% a joke. 2 years ago my coffee jar was 65 baht now it is 150 baht. That is over 100% inflation. Electricity is kept at a stable rate as it impacts on the poor. Nobody knows how the Government calculates the inflation rate or what basket of goods it includes. My guess it is around 7%.

[fruitman]

9 hours ago, Dexlowe said:

I don't understand why you feel it necessary to shoot the messenger.

I  do understand it, he probably owns some business in Thailand or works here and those guys always have to defend the Thai...no matter if, what, or when.

[BritManToo]

9 minutes ago, fruitman said:

I  do understand it, he probably owns some business in Thailand or works here and those guys always have to defend the Thai...no matter if, what, or when.

I don't agree,

It seems to me the price increases are mainly on items/brands white foreigners feel forced to buy.

For people that accept Thailand is a different country, with different products, everything is much the same price as when I arrived in 2009. 60" TV is a fraction of the price it was.

I can still rent rooms at the same serviced apartments in Chiang Mai I first lived in, for the same price I was paying in 2009.

 

PS. I despise Thailand and everything Thai, so don't accuse me of being a 'defender'.

If I didn't have a Thai son, I'd be living in Cambodia (or France).

[GeorgeCross]

3 hours ago, BritManToo said:

Beer bars, bar girls and restaurants have gone down to ZERO, as I always eat and drink at home now.

 

 

you get free beer at your house!? awesome!

[fruitman]

17 minutes ago, BritManToo said:

I don't agree,

It seems to me the price increases are mainly on items/brands white foreigners feel forced to buy.

For people that accept Thailand is a different country, with different products, everything is much the same price as when I arrived in 2009. 60" TV is a fraction of the price it was.

I can still rent rooms at the same serviced apartments in Chiang Mai I first lived in, for the same price I was paying in 2009.

 

PS. I despise Thailand and everything Thai, so don't accuse me of being a 'defender'.

If I didn't have a Thai son, I'd be living in Cambodia (or France).

I can't speak for Chiang mai because i haven't been there since a decade. But in BKK the prices go up every month...We used to eat at Sizzlers for 500 baht, 2 persons....now it's 750...just a simple meal with water.Deep fried seabass is 400 baht now, when i first came here they were 200 and a lot bigger. And that's without the devaluation of the dollar/euro.

 

Especially the last 3-6 months prices go up a lot...i don't know about touristic places since we don't go there anymore, we like to fly to real nice countries instead now where i get value for my money.

[BritManToo]

Just now, fruitman said:

Deep fried seabass is 400 baht now,

The fish from our local market is cheap as chips.

My son and misses eat it nearly every day, I'd suggest cooking your fish at home.

[Bangkok Barry]

17 hours ago, CNXexpat said:

Some prices go up, other go down and others stay. Everywhere all over the world. Especially during 10 years. 

 

True. My first laptop cost me 78,000 baht. My next will cost around 10,000.

 

But the OP does have a point. Every country suffers from inflation, but often in Thailand prices don't rise by 2 or 3 % at a time as they do in other places I know, but 10 or even 20% or more at a time. I suppose that's normal though if something cost five baht and it rises to eight or 10. A small amount to many, but a similar percentage price rise in many countries would result in street riots, and indeed does.

Thailand used to be cheap and now it is 'catching up' with comparatively massive price rises. But I'm told the locals are now much more 'middle class'. I'm also told they are drowning in debt, so who knows what the future holds.

[Number 6]

I was doing some rough calculations this morning Thailand vs US.

 

It's about a draw.

 

Of course when you dig in Thailand still is 20% cheaper and in US you'll end up with better quality of life, better property for same investment, better insurance so even there it's a draw.

 

For years top dental care has been same as states minus what you'd expect malpractice insurance to cost on per visit basis. Zero savings there.

 

My largest concern now is shelling out 30k a month for two worthless insurance policies and having mine cancelled at XX years old.

 

The air pollution in central and northern Thailand here to stay. Government can't get motorcycles off the footpaths. Throughly inept. So if you value your lungs, it's South Thailand. But Phuket seems such a disaster and whod want to live in the center of it? Junk real estate. A real quandary.

 

[BritManToo]

1 minute ago, Number 6 said:

My largest concern now is shelling out 30k a month for two worthless insurance policies and having mine cancelled at XX years old.

i don't have insurance ..... so no concerns about it being cancelled.