See also: food prices Prices in restaurants entertainment costs
Cost of living and expenses in Taiwan
What are the costs of living, how much do you have to spend on fees and expenses in Taiwan?
What is the cost of a mortgage, what are the average earnings in Taiwan, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Taiwan
(The last update: 3 days ago)
Currency in Taiwan New Taiwan dollar (TWD NT$). For 10 US dollars you can get 326 New Taiwan dollars. For 100 US dollars you can get 3.26 thousand New Taiwan dollars. And the other way around: For 100 New Taiwan dollars you can get 3.07 US dollars.
See also how prices have changed in previous years: Price changes in previous years in Taiwan
What are the different prices in the cities in Taiwan? Look here: Prices in cities in Taiwan
Prices: Yilan City Kaohsiung Keelung Taipei Tainan Taichung Hsinchu Hua-lien Guangzhou Taoyuan
fees
$80 ($46 - $155)
61% is less expensive than in United States
internet
$23 ($15.4 - $34)
68% is less expensive than in United States
jeans
$65 ($25 - $123)
25% more than in United States
average earnings
$1.57K
66% is less expensive than in United States
renting a small apartment in the center
$466 ($261 - $799)
74% is less expensive than in United States
renting a large apartment outside the center
$787 ($522 - $1.29K)
67% is less expensive than in United States
The cost of living in Taiwan:
- One-way Ticket (Local Transport) $0.74 (NT$24)
- Monthly Pass (Regular Price) $37 (NT$1.2K)
- Gasoline (1 liter) $0.95 (NT$31)
- Volkswagen Golf 1.4 90 KW (or equivalent new car) $31.3K (NT$1.02M)
- Apartment (1 bedroom) in city centre $466 (NT$15.2K)
- Apartment (1 bedroom) outside of centre $337 (NT$11K)
- Apartment (3 bedrooms) in city centre $1.07K (NT$35K)
- Apartment (3 bedrooms) outside of centre $787 (NT$25.6K)
- Utilities (electricity, heating, water, garbage) for an 85m2 apartment $80 (NT$2.62K)
- Internet (60 Mbps or more, unlimited data, cable/ADSL) $23 (NT$736)
- numb_34 $26 (NT$830)
- 1 pair of jeans (Levis 501 or similar) $65 (NT$2.13K)
- 1 Summer Dress in a Chain Store (Zara, H&M,...) $31 (NT$1.01K)
- 1 pair of Nike running shoes or similar $81 (NT$2.65K)
- 1 pair of men's leather shoes $101 (NT$3.3K)
- Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $24.3K (NT$790K)
- Preschool (or Kindergarten), Private, Monthly for 1 Child $517 (NT$16.8K)
- Price per square meter for an apartment in the city center $7.9K (NT$257K)
- International Primary School, Annually for 1 Child $15K (NT$489K)
- Price per square meter for an apartment outside of city centre $4.92K (NT$160K)
- Average Monthly Net Salary (After Tax) $1.57K (NT$51.1K)
- Mortgage annual interest rate in percentages (%) 1.9%
- Taxi starting fare (normal tariff) $2.6 (NT$85)
- Taxi 1km (Normal Tariff) $0.77 (NT$25)
- Taxi 1 hour waiting (normal tariff) $9.2 (NT$300)
Price changes in previous years in Taiwan
Price changes in One Square Meter Of An Apartment In The Center over the years: 2010: $9.15K(NT$298K), 2011: $2.77K(NT$90.2K), 2012: $9.21K(NT$300K), 2013: $5.64K(NT$184K), 2014: $8.92K(NT$290K), 2015: $9.3K(NT$303K), 2016: $7.78K(NT$253K), 2017: $6.53K(NT$213K), and 2018: $8.27K(NT$269K)
Have earnings increased in Taiwan?
See the average salary in previous years in 2010: $1.37K(NT$44.8K), 2011: $1.07K(NT$34.7K), 2012: $1.24K(NT$40.3K), 2013: $1.4K(NT$45.6K), 2014: $971(NT$31.6K), 2015: $1.49K(NT$48.6K), 2016: $1.92K(NT$62.7K), 2017: $1.72K(NT$56K), and 2018: $1.57K(NT$51.2K)
Price changes in Fees over the years: 2010: $42(NT$1.35K), 2011: $75(NT$2.44K), 2012: $61(NT$1.98K), 2013: $78(NT$2.55K), 2014: $83(NT$2.69K), 2015: $60(NT$1.96K), 2016: $58(NT$1.89K), 2017: $71(NT$2.31K), and 2018: $66(NT$2.16K)
Price changes in Internet over the years: 2010: $21(NT$671), 2011: $16.1(NT$525), 2012: $22(NT$701), 2013: $20(NT$651), 2014: $21(NT$673), 2015: $22(NT$720), 2016: $24(NT$773), 2017: $23(NT$734), and 2018: $26(NT$845)
Have prices changed in clothing stores in Taiwan in recent years?
For example, this is how the prices of jeans have changed in 2010: $62(NT$2.03K), 2011: $51(NT$1.65K), 2012: $64(NT$2.08K), 2013: $74(NT$2.41K), 2014: $86(NT$2.79K), 2015: $93(NT$3.02K), 2016: $76(NT$2.46K), 2017: $72(NT$2.35K), and 2018: $62(NT$2.02K)
Do you want to learn more about different prices? See the following comparison:
internet
$23 ($15.4 - $34)
68% is less expensive than in United States
renting a large apartment outside the center
$787 ($522 - $1.29K)
67% is less expensive than in United States
local beer
$1.8 ($1.1 - $4.6)
69% is less expensive than in United States
Burger King or a similar bar
$4.7 ($4.5 - $6.1)
by half less than in United States
renting a small apartment in the center
$466 ($261 - $799)
74% is less expensive than in United States
jeans
$65 ($25 - $123)
25% more than in United States