Living in Bangkok is very nice. There are a lot of friendly locals and artisians there and many interesting tourists as well. The food is superb and cheap, too. You can find most anything you'd ever want at the street markets like clothing, food, and trinkets. The prices are amazing. The cost of living is not high either. For work, if you are into making crafts or selling your wares, there's a world of opporntunity awaiting. There are a few draw backs to Bangkok, especially if you are not fond of being around people. There are many people in Bangkok including tourists and locals. If you are an introvert, you may not like that.
But, for most, Bangkok is a wonderful place to call home. It is warm and friendly and interesting too. What it's like to live in Bangkok muchly depends upon the things you like and your dislikes as well. Finding out more about the city is a good way to figure out if you will like it...or not.