70,000 Baht is an awful lot of money to live in Bangkok, only if, you live like a Thai and stay in a modest condominium paying 6,000-9000 B for a month's rent. You will have enough to live above the average Thai to get you what money can buy.
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The average monthly income for foreigners working in Thailand is around $1,500 – $2,000. Of course, this will vary depending on your job, skillset, and industry. But in general, you can expect to live quite comfortably on this salary – especially if you're not used to big-city living.
If you cannot manage to UP this budget, it is better to have a shorter vacation. So bring 20000 Baht for 9-10 days visit. To have a reasonable budget, I would suggest to plan for 2300 Baht per day per person for food-drink-transportation-tour etc, making it around 32,000 Baht for two weeks. What do youplan on doing?
Yes, depends on your lifestyle. 2-3 taxi rides and 2-3 meals per day could totally cost you up towards 1000 baht. That would be 10 days of strictly taxi and food. All is Pretty!
A budget of $1000 is enough for a person to live in Thailand for 4-8 weeks. This will include accommodation ($7), 3 meals ($6), 3L of water ($2),transport ($2) per day. This comes to a total of $510 per month.