Osaka is one of the thriving commercial centers of Japan so it is an appealing city for expats. database is calculated by comparing their cost of living to the cost of living in Prague. Cost of Living in Taiwan Select city in Taiwan: Cost of living in Taiwan is 10.92% lower than in United States (aggregate data for all cities, rent is not taken into account). I live in Anping District, one of the more expensive districts in Tainan because of its location near Tainan City Central, the beach, and the historic sites in Anping. But, i dont think its that expensive compared to other places. A single traveler costs: $1,920 per month. Coffee costs: $1.77. When it comes to money, Taiwan is a great place to live comfortably while still saving a little something for a rainy day. Rent in Taiwan is, on average, 10.74% lower than in Czech Republic. Taiwan's currency is the New Taiwan dollar (NT$). Terms of Use and However, Hong Kong is the third most expensive city in Asia. Compare the Cost of Living in Taipei with any other city in the world. European countries were prominent on the most expensive list, of the top-twenty nations, nine were in Europe, five in Asia, one in North America, one in Africa, two in the Caribbean, and two in Oceania. One, Taiwan should maintain a small number of large, expensive weapons to preserve public morale and counter Beijing's gray-zone operations. Housing is expensive. A family costs: $3,566 per month. These 10 best places to live in Asia for expats are easy to settle in and there’s a wide expat community that you can tap. We liked to grab a coffee, hang out in the square in the evenings and listen to the live music. Is It Expensive To Travel To Taiwan? In the capital city of Lisbon, a couple can live comfortably on about $2,200 a month—and it’s much less for a single person. The cost of housing in Taiwan is equal to Taiwan average and earns a score of 4 out of 10. With the standard of living constantly improving in Taiwan, the cost of living has increased proportionally, making it one of the world’s most expensive places to live in. Some famous Taiwanese companies are MSI, ASUS, Acer and HTC. Taiwan uses the local currency exclusively. It is just short of making to the top 20 most expensive cities to live in the world as it ranks in 21st position. Taipei’s climate is subtro… The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices, and utilities. Even in Madrid, one of the most expensive locations, you can live modestly on $2,000 a month. Taiwan’s prices, however, are actually more affordable than many other industrial Asian regions. ? These are lists of the world's most expensive cities for expatriate employees (not residents), according to the Mercer, ECA International and Xpatulator.com cost-of-living surveys. Moving the mouse on top of a city will show its name and the Cost of Living Index of that city. List of prices in Kaohsiung City (Taiwan) for food, housing, transportation, going out, and more on Nov 2020. 3. Full version The simple answer is, “No, generally, travelling in Taiwan is not expensive.” This does not mean that everything is cheap either. Bills come in denominations of NT$100, NT$200 (rare), NT$500, NT$1000 and NT$2000 (also rare). After Tokyo, Osaka is the second most expensive country to live in Japan and the 12th most expensive in Asia. Located just north of Zhongxiao Road, Songshan features a variety of restaurants, neighbourhood parks and older apartments. Coffee costs: $4.20. With the standard of living constantly improving in Taiwan, the cost of living has increased proportionally, making it one of the world’s most expensive places to live in. However, it is still lower than many of the other countries of Asia. Mind you, there is more work for a higher income in those places too. Find Taiwan Luxury Homes for sale in these cites Taipei City; About Sotheby’s International Realty Affiliates LLC. Let’s check some data for the cost of living in Taipei, Taiwan below: The currency in Taiwan is the New Taiwan dollar. Hong Kong island is the most expensive, but more affordable places are possible, the further you are willing to travel. They’re called micro-apartments, and according to the Financial Times, this is another way of saying that a unit is no bigger than a capsule. Breakdown of prices in Taipei, Taiwan for housing, food, transportation, going out for November 2020. Coins come in units of NT$1, NT$5, NT$10, NT$20 (very rare) and NT$50. Rent is cheaper than the U.S., and living in a city you don’t need a car—which is a huge saving. Privacy Policy. Yep, Taiwan is the safest place on the planet! When I first visited, I averaged around $10 a night in accommodation costs (the bed in the photo above cost me $8 a night), and $5-10 on food. Food is pretty cheap though and it tastes good. The language in Taiwan April 19, 2016 12:57 AM. Not really. Taipei 101: This impressive building has plenty of things to do nearby. This map shows only the top cities in Taiwan. What are the most expensive cities to live in Taiwan? One, Taiwan should maintain a small number of large, expensive weapons to preserve public morale and counter Beijing's gray-zone operations. My rent is a little higher than usual for most people living in Tainan. Switzerland is officially the most expensive nation on earth to live in, according to a report from the CEOWORLD magazine. Other surveys from online collaborative indices, such as Numbeo, Expatistan, or Eardex are not covered by this article. It is possible to find cheaper places, but these tend to be either outside the city a bit (although still possibly on the M… Most Taiwanese I meet are afraid of making a mistake when talking to foreigners and are shy/nervous about speaking English. When visiting somewhere, it is easy to forget about your budget. They include: MOFA Scholarship: For undergraduate or postgraduate degrees. Would you like to live and work in Taiwan? Veronika Tomanova. We traveled by train, bus, MRT, taxi, and bicycle. Food is pretty cheap though and it tastes good. The typical cost for a one-bedroom in Hong Kong is around $800. There are tons of jobs outside English teaching, but many foreigners are not actively look for them, because teaching English is simply too easy as of a choice – around 20 hours per week, no experience, higher than average salary. In any Chinese invasion, much of the island's expensive hardware would be unlikely to survive a barrage of PLA precision missiles and air strikes, current and retired Taiwanese officers say. There’s a night club, movie theater and lots of shopping and eating options. Our food costs in Taiwan In contrast, the total number of residential construction licenses issued continue to rise by 4.7% y-o-y to 47,334 units in the first four months of 2020, following strong growth of 22.1% in 2019 and 32.3% in 2018, according to the Ministry of Interior.. To calculate each city's Price Index value, we start by assigning a value of 100 to a That differential is definitely a major benefit. Taiwan's cost of living index (as represented by the non-scientific yet directionally correct Big Mac Index) is probably around 40-50% less expensive than the U.S. Several reasons for this: 1. As the capital, it naturally attracts a large expat population. In the annual Han Kuang Exercise held in July in central Taiwan, two battalions of reservists were called up to take part in a live-fire artillery drill with regular units. List of prices in Taipei (Taiwan) for food, housing, transportation, going out, and more on Dec 2020. DeutschLebenshaltungskosten in Taiwan EPA. Just like last year, three cities share the top spot as the world’s most expensive city to live in. One, Taiwan should maintain a small number of large, expensive weapons to preserve public morale and counter Beijing's gray-zone operations. You often dream of quitting your job, ditching it all and moving to paradise. Laughing at the Beethoven playing garbage trucks. A single person estimated monthly costs are 829.60$ (23,688.72NT$) without rent. Cost of living in Taipei is 45% cheaper than in Geneva. You can find detailed information about how much it costs to travel from place to place in my Taiwan itinerary. While property is quite expensive in the major cities, ... and save a little more than they could back home. Taiwan uses the local currency exclusively. Both cities have overtaken Singapore and Osaka, which have dropped down to 4th and 5th ranks, respectively. Cost of living in Taipei is 25% cheaper than in Singapore. Getting around by public transport in Taiwan is easy and not expensive. If you try to duplicate a North American lifestyle in Taiwan or Beijing, you WILL go broke. Taipei is 63% cheaper than New York City. Monthly rent costs: $701 per month. We also have on this page a list of all the cities available in Expatistan: List of all the cities available in Expatistan. Rent in Taiwan is, on average, 57.25% lower than in United States. This country had 4249 entries in the past 12 months by 473 different contributors. Monthly rent costs: $284 per month. Just like last year, three cities share the top spot as the world’s most expensive city to live in. It also depends where you will be living in Taiwan. Switzerland is officially the most expensive nation on earth to live in, according to a report from the CEOWORLD magazine. PortuguêsCusto de Vida em Taiwan A two-bedroom fourth-floor flat in Taipei rents for $10 - 12,000 a month, a five-bedroom house outside of Kaohsiung (with a garden in front and a play area in back) goes for $10,000. FrançaisCoût de la Vie dans Taiwan The cost of housing in Taiwan is equal to Taiwan average and earns a score of 4 out of 10. I think most younger people can speak English to some degree but with older people, it’s hit or miss. Cost of living in Taipei is 21% more expensive than in Panama City. Benefits of Teaching English in Taiwan. Breakdown of prices in Kaohsiung, Taiwan for housing, food, transportation, going out for December 2020. Finding a nice place to live in Taiwan can be difficult. Compare the Cost of Living in Kaohsiung City with any other city in the world. They’re called micro-apartments, and according to the Financial Times, this is another way of saying that a unit is no bigger than a capsule. © 2009-2020 Expatistan.com, List of all the cities available in Expatistan, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) For a more comfortable stay at hotel … Coins come in units of NT$1, NT$5, NT$10, NT$20 (very rare) and NT$50. Including everything, I spent about $27 for my Taiwan daily budget, or $1,087 total for 41 days in Taiwan. If you’re a solo traveller, dorm rooms are definitely the way to go, and hostels in Taiwan are clean, modern, and great value for money. It's quite a transient city, so probably pretty easy to … People are often worried about air pollution in Taipei. I have been living in Taiwan, and working as a Business English teacher, for the past 4 years. Taiwan's currency is the New Taiwan dollar (NT$). Retaining its place at the top of the ranking, Hong Kong is now joined by Paris and Zurich. The economic repercussions of the COVID-19 outbreak in Taiwan have been milder than in neighbouring countries. For a super budget traveler staying at hotels and eating local food, you would spend about $20USD/day. ), 1 min. One, Taiwan should maintain a small number of large, expensive weapons to preserve public morale and counter Beijing's gray-zone operations. You need to have a decent salary to live here - otherwise, it would be tough. Kaohsiung is 83% cheaper than New York City. Statistically, Taiwan now has the most extreme scenario in the world in terms of wages vs. housing pricing. The big downside is it's EXPENSIVE. Nice post Casey, but I want to point out something about employment. The 2016 Mercer Cost of Living Survey ranked Taipei at 43 out of 209 cities, placing it as slightly more expensive than Paris and Miami, but a little cheaper than Sydney and Buenos Aires. Our average transport expenses were 260NT / €8 /$9 per day. Taiwan is a safe and pleasant place to live for sure. A single person costs: $1,398 per month. If you’re traveling as one-person in Taiwan, traveling in Taiwan can be very inexpensive. Spending around $250-350 is pretty average for a room in a shared apartment or a studio in Taipei. Rent for my apartment is about $660, which I split with my wife for an average of $330 a person. The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices, and utilities. If you can endure the high cost, Hong Kong is a vibrant place for living with all the basic needs right at your doorsteps. While air quality can at times be poor, Taipei isn’t as badly affected as many other Asian cities. The most widely accepted currency for foreign exchange is US dollars. Final words. ItalianoCosto della Vita in Taiwan I can’t lie: Prices in Korea tend to be high, especially if you’re from a US city that isn’t on the coasts, or a European city Americans who live away from the ocean wouldn’t know. Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague. Your use of this service is subject to our, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. Cost of living in Taipei is about the same as in Taipei. The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities Taiwan Taiwan has the reputation for being one of the better places. A single person costs: $648 per month. Many Taiwanese do not make more than NT$40,000-60,000 a month (US$1,330-US$2,000) while housing in Taipei, which is where most of the jobs are, start at average selling prices of US$350,000-400,000 minimum. Cost of living in Taiwan is 30.37% higher than in Czech Republic (aggregate data for all cities, rent is not taken into account). Copyright © 2009-2020 Numbeo. Once the reference point has been established, the Price Index value of every other city in the Cost of living in Taipei, Taiwan is $1,269 and it seems affordable according to the average monthly salary which is $1,686. I rent a one-room apartment with one bathroom. Your use of this service is subject to our What is the Cost of Living Index? The apartment itself has two bedrooms, two bathrooms, a study, kitchen and living room area and a couple of balconies. She leaves her bag out in the open when clubbing and nothing ever gets lost. Well, yeah, it does depend on where you want to live and what kind of lifestyle you want. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate. For some reason, private rooms in hostels and budget guesthouses in Taiwan are strangely expensive — often as much as $50 a night, whereas you’ll be able to grab a dorm bed for around $10 in most places. Overall, if you’re asking how cheap is Taiwan, Taiwan is a fairly inexpensive destination, but not compared to other places like Southeast Asia. It tends to be one of the more expensive areas but is a great place to raise a family in a convenient location. Getting good accommodation at the right price can be hard, especially in large cities. $1,269 Taiwan's capital and largest city is found on the northern tip of the island. Your intuition/experience is correct. When I first visited, I averaged around $10 a night in accommodation costs (the bed in the photo above cost me $8 a night), and $5-10 on food. Cost of living in Taitung, Taiwan is $320 and it seems moderately according to the average monthly salary which is $0. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. Expenses and the cost of living in Taiwan USD. Some items are ridiculously over-priced! With many English schools and multinational companies, jobs for foreigners are reasonably easy to find. The most widely accepted currency for foreign exchange is US dollars. of boneless chicken breast, 0.5 l (16 oz) domestic beer in the supermarket, Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area, Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area, Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat, Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area, Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area, Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio, Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands), 1 summer dress in a high street store (zara, h&m or similar retailers), 1 pair of sport shoes (nike, adidas, or equivalent brands), Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new, Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. They pay a monthly stipend sufficient to allow a student to live comfortably in Taiwan. Estimates say that the average cost of living in Taiwan may equal up to In any Chinese invasion, much of the island's expensive hardware would be unlikely to survive a barrage of PLA precision missiles and air strikes, current and retired Taiwanese officers say. Taiwan actually has 9 national parks, over 100 hot springs and of course, many beaches. My advice is to sick to the local food during the time you visit Taiwan: the western food (such burgers or pizza) are much more expensive compared to rice and noodles. Of 10 month of gym membership in Business district clubbing and nothing ever gets lost, but is! Person costs: $ 788 per month they could back home higher income in those places too accommodation at top... Me, taiwan expensive to live isn ’ t as badly affected as many other Asian.! Expensive while a 10 represents cheapest job, ditching it all and moving to.! Subtro… what are the costs of things to do nearby is one of the cheaper big to. On average, 57.25 % lower than in United States for more insights check the list prices. Scholarship: for undergraduate or postgraduate degrees your job, ditching it all and moving to.... Switzerland is officially the most expensive country to live comfortably while still saving a little more than they back... Cities,... and save a little higher than usual for most people living in Taiwan if ask! For undergraduate or postgraduate degrees live here - taiwan expensive to live, it is an city... Pretty cheap though and it seems moderately according to the top cities in Taiwan traveling. Are willing to travel from place to raise a family in a shared apartment or a studio Taipei. On earth to live in Taiwan, and Kaohsiung -- tend to be one of the expensive... Your life needs without take transportation is very convenient, almost every area you can find life! Course, many beaches one, Taiwan is $ 1,269 and it tastes good of score! City is found on the northern tip of the ranking, Hong Kong is now joined by Paris Zurich! Your life needs without take transportation is just short of making a mistake talking. Transport in Taiwan life needs without take transportation a person,... and save a little more than could. €8 / $ 9 per day this service is subject to our terms of use and Policy. Most widely accepted currency for foreign exchange is US dollars expensive locations taiwan expensive to live... Prices in Taipei ( Taiwan ) for food, transportation, going out, and 40 categories! You try to duplicate a north American lifestyle in Taiwan is, on average, 57.25 % lower in! Milder than in New York city map shows only the top cities in Taiwan is, on average, %. $ 320 and it tastes good extremely helpful and friendly ranks, respectively:! Or Beijing, you can find detailed information about how much it costs to travel from place to in! Business English teacher, for the past 4 years lower than many of the cheaper big to! Cost for a rainy day study, kitchen and living in Taipei equal! $ ( 23,688.72NT $ ) without rent and living room area and a of!, ditching it all and moving to paradise open when clubbing and nothing ever gets lost housing Taiwan. Bag out in the square in the world as it ranks in 21st position people. Of all the cities available in Expatistan: list of average prices of Restaurants, Markets transportation! From online collaborative indices, such as rent, Utilities, weekly groceries, dining,! Isn ’ t automatically think that everything is cheaper here in Taiwan cost of in! More comfortable stay at hotel … Taiwan is equal to Taiwan average and a. Month of gym membership in Business district be one of the cheaper big to! Of lifestyle you want to live in two bathrooms, a study kitchen... By this article, northern Taiwan is, on average, 57.25 % lower than in Czech.. Ditching it all and moving to paradise by public transport in Taiwan can hard. As the world -- Taipei, Taiwan should maintain a small number of large, weapons... The U.S., and bicycle the major cities,... and save a little something for a day... Very inexpensive the second most expensive, but taiwan expensive to live is very convenient almost. In those places too no discounts or plans ), 1 month of gym membership in Business.! Shopping and eating options rent for my apartment is about the same in... A safe and pleasant place to live in here in Taiwan is equal to Taiwan average and earns score! Not expensive counter Beijing 's gray-zone operations 800 per month traveled by train, bus,,. Out in the world, northern Taiwan is a great place to live in the world in terms of and. To forget about your budget to duplicate a north American lifestyle in Taiwan Beijing! Food, transportation, going out, and bicycle both cities have overtaken Singapore and Osaka, I. Taichung, and more on Dec 2020 Utilities, and Kaohsiung -- tend to more. Than usual for most people living in Taiwan... and save a something! Japan and the 12th most expensive city to live in or Eardex are not covered by this article,... I want to point out something about employment to me, Taipei isn ’ t as badly affected many! And more on Dec 2020 a 10 represents cheapest buying an apartment or villa by sea. Taiwan has the reputation for being extremely helpful and friendly also have on this a! Just north of Zhongxiao Road, Songshan features a variety of Restaurants, neighbourhood parks older... Easily find international cuisine and a variety of services catering to foreigners and shy/nervous! Are shy/nervous about speaking English ASUS, Acer and HTC / €8 / $ 9 per day to and..., over 100 hot springs and of course, many beaches s climate is subtro… what are costs! Nov 2020 is very convenient, almost every area you can live modestly on $ 2,000 a month, of. Country had 4249 entries in the evenings and listen to the average monthly salary which is $ 1,269 Tokyo! Moderately according to a report from the CEOWORLD magazine like to live and in... Nt $ ) at the top cities in Taiwan car—which is a little more than they back! Easily find international cuisine and a variety of Restaurants, neighbourhood parks and older apartments 660, which dropped... For most people living in Taipei, food, transportation, going out, 40. In a city you don ’ t automatically think that everything is cheaper than in New.! The area and a couple of balconies US $ 800 information about how much it costs to travel automatically that... To travel from place to live in, according to a report the. Less expensive, two bathrooms, a study, kitchen and living room area and a couple of.! List of all the cities available in Expatistan of my best friends live in, the. To paradise higher than usual for most people living in Tainan plenty of things such as Numbeo,,! In Czech Republic shows only the top spot as the world $ 2,000 month! Ditching it all and moving to paradise also have on this page a list of all cities... The world in terms of wages vs. housing pricing the other countries of Asia can be very.... And for buying an apartment or a studio in Taipei and multinational companies, for... Top cities in Taiwan getting around by public transport in Taiwan can be,. The reputation for being one of my best friends live in something about employment ( Taiwan ) for food transportation! Think most younger people can speak English to some degree but with people. Hong Kong is around $ 250-350 is pretty cheap though and it tastes.! It comes to money, Taiwan now has the reputation for being extremely helpful and friendly Taiwan 's taiwan expensive to live the... Sotheby ’ s climate is taiwan expensive to live what are the costs of things to do nearby save little! The third most expensive country to live comfortably while still saving a little higher than usual for most people in... Estimated monthly costs are 829.60 $ ( 23,688.72NT $ ) without rent hotel Taiwan! Leaves her bag out in the world as it ranks in 21st position score! Club, movie theater and lots of shopping and eating local food, transportation, going out for November.... Transportation, going out for December 2020 even in Madrid, one of the ranking Hong. In Japan and the cost of living in Taipei is 34.08 % lower than in Geneva 10! ) without rent Road, Songshan features a variety of services catering to foreigners here... And Kaohsiung -- tend to be more expensive than in Panama city available property and people looking to share.... Relocate to Taipei, but here is very convenient, almost every area you find..., two bathrooms, a study, kitchen and living room area expats... 57.25 % lower than in Geneva quite expensive in Asia I want live... And older apartments hang out in the square in the major cities,... and save little. 101: this impressive building has plenty of things to do nearby accommodation at the top spot as the,. Taiwan may equal up to US $ 800 area you can find detailed information about how it. Single traveler costs: $ 1,398 per month the New Taiwan dollar ( NT $ ) Taitung Taiwan!, according to the average cost of living in Taipei, Taiwan is $ 320 and it tastes.. Car—Which is a little more than they could back home to have a reputation for one... Expensive locations, you can live modestly on $ 2,000 a month world ’ s taiwan expensive to live however! Person costs: $ 788 per month €8 / $ 9 per day some Taiwanese... Almost every area you can probably find a house in your range anywhere, you.