I do stay at VT7 on my trips to los now. I do appreciate the balcony with views out to sea, and spend most daylight hours on the balcony, reading or listening to UK BBC Radio 4 programs on laptop. When I stayed at other places I would usually spend days by the pool. VT7 does cost a bit more than other rental condos, the higher you go the more the cost, but still good value compared to other long haul destinations I've been to, at around 1200 baht per day.
I budget for spending 4-5,000 Baht per day after the condo rental, and bring that much with me, but usually I only spend around half what I bring.
The first week or so I just eat a bowl of soup in the evening at Rompho, and lose around 5 lbs (2 kg) in weight. After that I still usually only eat in the evening, so my food bill in los isn't that much. I don't eat much at home, and in the Thai heat I don't feel hungry.
My main expense is drink. I don't drink that much myself usually, 3 or 4 glasses of red wine in an evening, around 400 baht. But I do buy drinks for the lbs, so an evening in a lb bar will work out at 2-3,000 Baht, occasionally over 4K. I don't mind buying the girls ladydrinks as I know they are getting a cut, and it makes up for me not barfining much these days.
When I don't go to a lb bar in the evening my day's spending will be less than 1000 baht. I used to go to a live music bar (Party Girls) in Rompho a couple of nights a week, and my bin there would only be around 400 bt for 4 glasses of red wine, and 100 bt tip for the singer. Unfortunately that bar has closed.
I probably spend less than 500 baht (£10) on daily living expenses at home. I live quite frugally, I don't go out much. My mortgage is paid, so apart from utilities and council tax I only need to buy food, maybe £5 (200 Bt) a day, and 2-3 glasses of wine (£2.50/100Bt) most evenings. So los is dearer though not prohibitively expensive, and it's my holiday so I'm not counting the pennies. And as I've said before anything I leave when I kick the bucket will be taxed at 40% so I'd rather spend it in a lb bar than leave it to the Government.
And I'm away from the cold and darkness of the UK winter, and with friendly sexy ladyboys!