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Phuket is not as expensive as everyone says IMHO you can rent an apartment up in Nanai rd for around 12,500bht plus electric or cheaper digs for around 8000bht per month then just food to worry about it's the drinking and girls that kill the budget.
If you like the beach etc Phuket is a good spot you could always go around to Kata or Karon maybe a bit cheaper than Patong.
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