Welcome from GA. I am on another forum for Yamaha Jet Boats and there is a guy there that is retired in Thailand. He is educating us on the land and as you mentioned the value. Lots of value, lots of girls and great weather. He is from England and when goes back (last time three years ago) even though it was summer he was always cold. The markets provide for almost everything at little to no cost. He gets people to help him out for $12 a day. His posts make me jealous as I am sure your will as well! Great place but you have to be very careful driving. Ride safe!
Yes, labor is extremely inexpensive over here. The cost of living is super low. A foreigner could easily rent a place and do more than survive on $1500 USD a month. Depends on how much beer he consumes and how many ladies he tries to fit in the shower in one night.
You can easily eat all three meals for $7 USD per day, and if you are not a big guy, the clothes are so inexpensive. I still have to get a few things shipped over here (6-2 ... 245).
Thank to everyone for the great welcome! Good to be here!