Cost of Living Comparison Between Chiang Mai and Balzers Cost of Living Comparison Between Chiang Mai and Balzers

Monthly Cost of Living

Monthly costs for one person with rent: $869 in Chiang Mai versus $3,202 in Balzers.

Estimated couple costs with rent: $1,362 in Chiang Mai versus $5,093 in Balzers.

Monthly costs for a family of three with rent: $1,855 in Chiang Mai versus $6,983 in Balzers.

Living in Chiang Mai costs roughly 73% less than in Balzers, driven mainly by Eating Out.

The two cities straddle the global median: Chiang Mai is 35% below, Balzers is 138% above.

Meal at Budget Restaurant

$1.98 ฿64.3

$30.88 CHF 24.51

-93.59%

Three-Course Dinner for Two, Mid-Range

$18.80 ฿612

$124 CHF 98.3

-84.82%

Fast Food Meal (McDonalds, etc)

$7.75 ฿252

$22.11 CHF 17.55

-64.95%

Cappuccino

$1.92 ฿62.5

$5.67 CHF 4.50

-66.14%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.79 ฿25.79

$6.04 CHF 4.80

-86.92%

Water (0.33 liter bottle)

$0.36 ฿11.62

$5.61 CHF 4.45

-93.58%

Local Beer (0.5 liter draught)

$2.21 ฿72.1

$7.49 CHF 5.94

-70.49%

Imported Beer (0.33 liter bottle)

$3.66 ฿119

$7.30 CHF 5.79

-49.86%

Milk (1 liter)

$1.65 ฿53.8

$2.74 CHF 2.18

-39.78%

White Bread (500g)

$1.63 ฿53.2

$3.15 CHF 2.50

-48.25%

Rice (white) (1kg)

$1.19 ฿38.86

$2.91 CHF 2.31

-59.11%

Eggs

$2.00 ฿65.1

$12.19 CHF 9.68

-83.59%

Local Cheese (1kg)

$15.98 ฿520

$25.81 CHF 20.49

-38.09%

Chicken Fillets (1kg)

$3.03 ฿98.5

$24.43 CHF 19.39

-87.60%

Beef Round Steak (1kg)

$10.86 ฿354

$50.8 CHF 40.35

-78.63%

Apples (1kg)

$2.76 ฿90.0

$3.47 CHF 2.76

-20.46%

Banana (1kg)

$1.18 ฿38.42

$3.92 CHF 3.11

-69.90%

Oranges (1kg)

$1.64 ฿53.5

$3.99 CHF 3.17

-58.90%

Tomato (1kg)

$1.52 ฿49.51

$2.64 CHF 2.10

-42.42%

Potato (1kg)

$1.38 ฿45.10

$2.41 CHF 1.91

-42.74%

Onion (1kg)

$1.19 ฿38.84

$2.18 CHF 1.73

-45.41%

Lettuce (1 head)

$0.70 ฿22.86

$2.22 CHF 1.76

-68.47%

Water (1.5 liter bottle)

$0.56 ฿18.13

$1.66 CHF 1.32

-66.27%

Cigarettes 20 Pack (Marlboro, Camel)

$4.58 ฿149

$12.52 CHF 9.94

-63.42%

Wine (Bottle)

$16.56 ฿539

$14.07 CHF 11.17

17.70%

Local Beer (0.5 liter bottle)

$1.83 ฿59.5

$2.05 CHF 1.63

-10.73%

Imported Beer (0.33 liter bottle)

$3.20 ฿104

$1.76 CHF 1.40

81.82%

One-way Ticket (Public Transport)

$0.88 ฿28.56

$3.47 CHF 2.75

-74.64%

Public Transport Monthly Pass (Regular Price)

$18.72 ฿610

$83.1 CHF 66.0

-77.46%

Taxi Start (Normal Tariff)

$1.36 ฿44.16

$1.81 CHF 1.44

-24.86%

Taxi (Normal Tariff) (1km)

$1.34 ฿43.65

Taxi 1hour Waiting (Normal Tariff)

$7.84 ฿256

$8.65 CHF 6.87

-9.36%

Gasoline (1 liter)

$1.23 ฿39.92

$2.18 CHF 1.73

-43.58%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.6K ฿704.3K

$35.7K CHF 28.3K

-39.44%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$22.5K ฿734.3K

$32.9K CHF 26.1K

-31.51%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$70.5 ฿2,298

$216 CHF 172

-67.39%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.68 ฿445

$40.39 CHF 32.06

-66.13%

Internet (50+ Mbps, Unlimited Data)

$17.45 ฿568

$72.2 CHF 57.3

-75.83%

Gym Membership (Monthly)

$41.33 ฿1,346

$93.9 CHF 74.5

-55.96%

Tennis Court (1 Hour on Weekend)

$6.96 ฿227

$24.77 CHF 19.66

-71.90%

Cinema Ticket

$5.77 ฿188

$24.66 CHF 19.57

-76.60%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$307 ฿10.0K

$306 CHF 243

0.43%

International Primary School, 1 Child (Yearly)

$14.6K ฿475.9K

$8,946 CHF 7,103

63.31%

Jeans (Levis 501 Or Similar)

$55.8 ฿1,817

$129 CHF 103

-56.91%

Summer Dress (H&M, Zara, etc)

$26.21 ฿854

$52.6 CHF 41.74

-50.15%

Sport Shoes (Adidas, Nike)

$85.8 ฿2,793

$177 CHF 141

-51.67%

Men's Leather Business Shoes

$72.2 ฿2,353

$224 CHF 178

-67.82%

1-bedroom Apartment, City Center (Monthly)

$430 ฿14.0K

$1,003 CHF 796

-57.14%

1-bedroom Apartment, Outside City Center (Monthly)

$239 ฿7,774

$1,319 CHF 1,047

-81.90%

3-bedroom Apartment, City Center (Monthly)

$817 ฿26.6K

$2,963 CHF 2,352

-72.42%

3-bedroom Apartment, Outside City Center (Monthly)

$511 ฿16.6K

$2,394 CHF 1,901

-78.67%

Buy Apartment in City Center (m2)

$1,983 ฿64.6K

$17.0K CHF 13.5K

-88.33%

Buy Apartment Outside City Center (m2)

$1,484 ฿48.3K

$5,283 CHF 4,194

-71.91%

Average Monthly Net Salary (After Tax)

$619 ฿20.2K

$8,926 CHF 7,086

-93.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.55

-33.77%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Chiang Mai: June 7, 2026

Last update for Balzers: June 9, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $430 in Chiang Mai and $1,003 in Balzers. Housing cost is often the main lever when comparing two cities.

Balzers pays 1342% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $19.00 in Chiang Mai vs $124 in Balzers for a mid-range dinner for two. Groceries echo the gap at $241 vs $624 per month, with Chiang Mai cheaper across the board.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Chiang Mai vs Balzers: Cost of Living - Frequently Asked Questions

Chiang Mai is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Sport & Entertainment, Monthly Utilities & Internet. The 269% gap adds up to real monthly savings that compound significantly over time.

On paper, Balzers earns 1342% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $430 in Chiang Mai versus $1,003 in Balzers. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 159% higher in Balzers. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Chiang Mai – a meal for two runs $19.00 versus $124 in Balzers. If you eat out regularly, this makes a real dent in your monthly spending.

At $869 in Chiang Mai versus $3,202 in Balzers, a $1,000 budget is realistic in Chiang Mai but tight or insufficient in Balzers. The gap between the two cities makes Chiang Mai the clear choice for anyone on this budget.

For families, Chiang Mai is more practical. Housing and childcare are both notably cheaper than in Balzers, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Chiang Mai and Balzers are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Chiang Mai gentler on the wallet – expenses run 269% less than in Balzers. Beyond cost, consider language, visa policies, and how big the international community is in each city.