Hi Django
This is always a tough question as so many variables. Your overall budget is not far out but not high living, my spend would be different.
$700 if you are moving around in hotels that would be 750 baht a night. In Pattaya this would be staying in a hostel. Out in the sticks a hotel room with en-suite but would be 3 star. To rent a house / condo can reduce the cost but fixes you in one place but most Thais want a 12 month contract.
Some hotels do an expat long term stay rate if you book for three months or more. Save 40%.
you can “rent a room” (with a bathroom) in a block mainly full of working Thais for 4-6k baht a month. (Water and electric on top). I have done this 12 yrs ago perfectly fine.
Condos depending on where 12-80k per month.
My experience if there is two of you and you want a 4 star trip island hop trip:
We’re currently island hoping for our annual holiday trip, (wife and I). Samui, Koh pangang, Krabi, Koh Lanta, Phi Phi, phuket, Bangkok. 28 day trip and probably the best but most expensive part of Thailand, Hotels for the trip 104k baht, (110 USD pn) spending money 185k baht 5 Flights and 5 ferry,s 40k baht 330,000 baht or $9800 USD.
This is 28 nights away if you did this for 6 months it’s 59k USD. Your $2600 budget 15.6k so you will need to compromise.
last night:
Seafood dinner 2400 5 different dishes and 8 small bottles of beer. Then at the bar, bill 1500. Taxi about 1km 300 each way. Total 4500 baht. $133 USD for dinner and a night out. We were home by 11.00 so not a big night out.
My advice would be to plan your trip in detail, where your going to be, do research in accommodation cost, transport costs a daily budget for;
Scooter hire, clothes washing, restaurants for breakfast, lunch dinner, allowance for beers etc to calculate a daily budget. If you have a full time girlfriend (gulp! Probs double it and add $40 USD. Don’t forget those 2 nights a week were you go full on.
I live in Thailand monthly budget 130k baht. My wife and I own our cars. We rent a house for 23k per month. We have 30k each for spends for the month, 15k for farang food shopping (we eat at home
*****
Thai and western food). 10k Big C shopping (soap bread water beers). 3-6k electric (4 air cons), 15k for golf. etc etc.
That excludes holidays (which we have many short breaks to Mae Phim, Rayong Koh Chang Hua Hin) and excludes a monthly golf trip with the golf club for 2-3 nights.
We always overspend our budget.
Thailand is cheap in many ways bottle of beer 60baht, kapow lunch the same but real living costs of a good but not exorbitant life style, plus all the little things add up to more than you think.
It’s not worth coming here for 6 months and living poorly. My son came for three months he burned his money and 4k USD of mine, after 2 months I told him to go back home. He didn’t and had a miserable last month living but not LIVING.
You can do your 6 monthly trip on your budget but will need careful forward planning and a lot of self control once the Chang (lager) hits common sense flies out the door (I do it regularly).
Thailand is very large and living costs in Udon Thani are worlds apart from Phuket. So plan out a trip and ask for peoples opinions on your plan. Most western people come here either find the most beautiful girl in the world and travel with them, or have/ make friends with other expats. Bars and bar girls are fun but expensive - life isn’t fun if your on your own in a town or city we’re many if not all don’t speak your language. PS : Everywhere usually has an expat/sports bar.
Plan wisely my friend there is nowhere quite like Thailand it is the most beautiful and exciting place to visit but a fool and his money easily parted.
Good luck.
PS. I would not recommend leaving your property empty for 6 months. Squatters, leaks, infestations can destroy your property. Www.spareroom.com is a website to rent out rooms by the month.
If you had two bedrooms and a separate lounge. Move your stuff in the lounge and rent out the two bedrooms. In NY it’s approx 1000 dollars a month a room. An extra 2000 dollars a month would greatly improve your budget. Tenants have a 1 month rolling contract. They ensure that any problems are quickly identified/resolved. On your return you can easily reclaim all of your property, or keep the rooms rented to fund a return trip. A great way to earn a living whilst sitting in the beach in Thailand.