Cost of Living in Taipei, Taiwan

Prices in Taipei

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Consumer Price Index (Excl.Rent): 54.44
Rent Index: 19.31
Groceries Index: 58.21
Restaurants Index: 29.40
Consumer Price Plus Rent Index: 36.97
Local Purchasing Power: 141.36

Currency: Sticky Currency      Switch to metric measurement units
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Restaurants [Edit] Avg.
Meal, Inexpensive Restaurant 112.50 NT$
Meal for 2, Mid-range Restaurant, Three-course 600.00 NT$
McMeal at McDonalds (or Equivalent Combo Meal) 120.00 NT$
Domestic Beer (0.5 liter draught) 65.00 NT$
Imported Beer (0.33 liter bottle) 70.00 NT$
Cappuccino (regular) 83.48 NT$
Coke/Pepsi (0.33 liter bottle) 28.15 NT$
Water (0.33 liter bottle) 21.00 NT$
Markets [Edit] Avg.
Milk (regular), (1 gallon) 344.86 NT$
Loaf of Fresh White Bread (1 lb) 42.52 NT$
Rice (white), (1 lb) 33.82 NT$
Eggs (12) 62.92 NT$
Local Cheese (1 lb) 164.81 NT$
Chicken Breasts (Boneless, Skinless), (1 lb) 99.79 NT$
Apples (1 lb) 40.37 NT$
Oranges (1 lb) 27.78 NT$
Tomato (1 lb) 39.11 NT$
Potato (1 lb) 27.22 NT$
Lettuce (1 head) 33.00 NT$
Water (1.5 liter bottle) 31.36 NT$
Bottle of Wine (Mid-Range) 340.00 NT$
Domestic Beer (0.5 liter bottle) 43.92 NT$
Imported Beer (0.33 liter bottle) 59.55 NT$
Pack of Cigarettes (Marlboro) 80.00 NT$
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 20.00 NT$
Monthly Pass (Regular Price) 1,000.00 NT$
Taxi Start (Normal Tariff) 70.00 NT$
Taxi 1 mile (Normal Tariff) 32.19 NT$
Taxi 1hour Waiting (Normal Tariff) 165.00 NT$
Gasoline (1 gallon) 108.73 NT$
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 850,000.00 NT$
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 2,677.05 NT$
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 8.34 NT$
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 643.75 NT$
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 1,555.56 NT$
Tennis Court Rent (1 Hour on Weekend) 212.50 NT$
Cinema, International Release, 1 Seat 300.00 NT$
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 3,530.00 NT$
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,866.56 NT$
1 Pair of Nike Running Shoes (Mid-Range) 2,519.90 NT$
1 Pair of Men Leather Business Shoes 2,787.50 NT$
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 16,744.50 NT$
Apartment (1 bedroom) Outside of Centre 9,888.89 NT$
Apartment (3 bedrooms) in City Centre 40,714.29 NT$
Apartment (3 bedrooms) Outside of Centre 20,933.33 NT$
Buy Apartment Price [Edit] Avg.
Price per Square Feet to Buy Apartment in City Centre 36,933.13 NT$
Price per Square Feet to Buy Apartment Outside of Centre 19,303.03 NT$
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 54,025.23 NT$
Mortgage Interest Rate in Percentages (%), Yearly 2.16

These data are based on 1000 entries in the past 18 months from 119 different contributors.

Last update: July, 2015

Sources and References : Info
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29 Comments so far

#Caroline on Jul 26, 2015 :
I'm looking at your numbers for Taiwan in July 2015 and there is NO WAY you are able to find a 1-bedroom apartment in the city centre for the prices you state - the reality is about DOUBLE THAT. So please don't understate everything. The cost of meals in Taipei is also in the neighborhood of $150-200 NTD and not as little as you think either. Your numbers look like they are several years old - you should do a revision - would be glad to help you with that.
#Agnes on Jun 15, 2015 :
I'm from Germany.
I love Taiwan, and boys are so cute.
can somebody tell me how to Become citizen here?
#Jessica Clark on Jun 13, 2015 :

250000 in Xinyi District, Taipei... just the average.
There are lots people spend more than 250000 per months, believe me.
#Jung Kim on May 21, 2015 :
My salary in Taipei is higher than my last job in Seoul.
But housing is so expensive here.
I still like Taipei. It's clean and safe.
Air quality is better than Seoul.
#IamTW on May 14, 2015 :
Do you mean 250000 NT/month after tax deduction? If that is the case, you can live like a King (no joke). Renting a studio would typically cost you between 8.5K ~ 10K NT. Food budget (if you are eating out everyday, 3 meals/day) would cost you between 250~350 NT. Eating in restaurant should be very affordable for you, roughly cost between 300~800 NT (in very decent restaurant of course). Transport tend to be quite cheap if you travel by bus & train. Simply approach a staff over the counter at any Metro Station and get yourself a "EasyCard" which allows you to get a 20% discount for every trip of your journey with train. Leisure wise tend to be even dirt cheap. Many of the attractions are free or for a small fee (at most a few hundreds NT). You could easily save more than 200000 NT/month even if you really spend a lot everyday.
#Anonymous on Apr 26, 2015 :
250,000 NT is per month after tax, medical and all other deductions.
#Manu on Apr 26, 2015 :
Hi friends.
I am considering moving to Taipei for 8-10 months.. After tax deductions i will be getting around 250,000 NT..

How good is this, to have a good and decent life in taipei? Is this is a good salary, considering living there and what kind of life i can have there?

Please help, so i can decide on coming there in few weeks.. :)
#IamTW on Mar 04, 2015 :
@Expat Life

Hi. Not to worried too much. If you are renting a studio (with bathroom), it should only cost you between 7K~11K NT.
Price of food, transportation, entertainment etc tend to be cheaper compare to the U.S. A simple meal would probably cost you around 100~150NT and a decent meal in the restaurant should cost you about 300~600NT/pax. I would suggest you to try out the food in the night market it delicious, reasonably cheap price and lots more.
Beer (canned 330ml) would probably cost you between 30~60NT from the convenient store. Cinema ticket tends to be expensive, a adult ticket could cost you 300~350NT.
50K/month (after tax) would ensure a decent living for you and your wife that's for sure (with little or no saving at all).
#Expat Life on Feb 18, 2015 :
Hi all!! I'm planning to move to Taipei soon. It's just me and my wife so we would be happy with a 1br, max 2br apartment for rent in a good area of the city.
As soon as my researches goes, these numbers here does not seem to face reality (1br ~17k NT/month).

Is there anyone around that can tell the real situation on living costs per month?? Going out for food, some fun on weekends (beer, cinema, etc), living in a good area...

Another question: you guys mention NT is losing a lot compared to US$. Is it common to pay things in US$?? (commerce, rental, etc).

Appreciate any help!! (y)
#TaiwanHopeless on Feb 18, 2015 :
Anyone that hasn't trashed NT dollar/Taiwan currency would regret very soon as free fall might be expected.

The benchmark of Taiwan currency has been broken recently for the worse against currencies such as Thailand and so on.

Taiwan currency is the most unstable one shifting up and down but towards losing value always. Who should benefit from the unstable? Indeed, it should be the key people at the Taiwan central bank reaping profits/fortunes without loss with currency value up and down those key people manipulate or control.

Taiwan currency is not accepted for exchange by many countries but US and China currencies have no problem around the globe. This might signify many countries have no trust in the value of Taiwan currency which is placed at the mercy of the manipulative key people of the central bank and weak Taiwan president.

As mentioned earlier, Taiwan currency has to be strengthened just like China currency and the acceptable exchange rate should reach at least 29 Taiwan dollar per US dollar. Restore it or lose confidence and existence forever(people no longer hold Taiwan currency means Taiwan currency lose existence from the people forever especially the Taiwanese who hold US or China currencies for safety sake).
#UselessTaiwan on Jan 29, 2015 :
Accumulated NT dollar value of a month has almost been lost in 2 days, today and yesterday so far.

The despicable manipulation of NT currency from no-brainer Taiwan is bad and dangerous for NT dollar holders.

So it is time to dump NT dollar to retain your money value and never ever touch good-for-nothing NT dollar for safety.
#Anonymous on Jan 26, 2015 :
Dining out: A restaurant is not a food stall or a local fast food store

Beer: Draught Beer is "DRAUGHT" and mostly only served in Pubs and Bars (it's not the bottled Taiwan Beer which is called "Draught" thus much more expensive) Where to get such a beer for 80 NTD in a Bar....

Prices in Taipei are about 50% higher than the average level in Taiwan, income is also higher , rents are almost twice as much as in Taichung and Kaohsiung

Salary> a job with a salary of 35 k makes your life a nightmare in Taipei
#Taiwan without currency monopoly on Jan 05, 2015 :
Something is wrong with the current Taiwan government regarding the handling of the value of her currency being dragged down mercilessly for almost 10 percentages in less than a year.

Looking at the root cause of the Russia Rubles currency falling up to 40 percentages had nothing to do with the Russia government so Russia government is not a part of the problem causing the currency crash but external factors, especially from Europe.
The attempt of Russia government to rescue her currency value so far is respectable though it seems no hope and hopefully enlisting others ' help might settle her problem.

Ok, let's review the root cause of NT dollar falling for up to 10 percentages. The Taiwan government is the sole culprit behind all of this. The reason why they have been committing this crime is to help businesses which earn abroad, with more money during exchange back to NT dollar.
No consideration for others with NT dollar holding, right?
No problem without consideration from the no brainer government, trash NT dollar and turn it into other currency where the respective governments care her currency value unlike the no brainer Taiwan government.
Even if citizens like me don't want to hold NT dollar, possibly NT dollar might end up being dumped by all in the future.
To prevent this terrible situation, Taiwan government must abolish the central bank playing currency monopoly pocketing a fortune and strengthen NT dollar like China currency.
#Anonymous on Nov 21, 2014 :
Taipei has older walk-up flats and then newer high rise flats. High rise come with security and elevators and are usually more expensive. A large number of young single people live in studio aparatment, they are cheap but they are literally a room and sometimes don't even have their own toilet (although many do now), no kitchen etc.
#Anonymous on Nov 21, 2014 :
Prices for beer are off, those prices are convenience store prices, not restaurant prices.
Rental prices can vary from Xinyi city centre of 70k ntd/mth for 3 bdroom to suburbs for approx 20k ntd/mth or into the county for less. Salaries are average 40k/nth month. These figures also don't include the sad fact that many women get underpaid and many people get laid off at 50.
#Seb on Nov 07, 2014 :
Taipei is a city of high rise apartments and flats. Rent for a two bedroom flat fairly close to the city centre and with a good finish (white goods, shower, lift etc) is around $22000 NT (Taiwan Dollars).
Transportation is very cheap, probably I spent about $1400 in a month going around the city every day on buses and metro.
Food is also pretty cheap, you can expect to spend about $10000 NT a month, which includes going out at weekends, and buying breakfast/lunch/dinner everyday but nothing too lavish.
#Anonymous on Oct 29, 2014 :
Can any one tell me how much u will spend a month with 2 bedroom house or flat with food and tranportion?
#YuChang Zhang on Oct 17, 2014 :
Apartment (3 bedrooms) in City Centre is not that high, I now live in a 3 bedrooms apartment near Taipei 101 and it only costs NT24000(USD800) a month. The salary for college graduates is between 28000~32000. In my opinion, Taipei is a good place to live but not a good place to get a good job.
#rc on Aug 02, 2014 :
most jobs pay around 60k??? No way, most salaries round the 40k
#Anonymous on Jul 12, 2014 :
I was paying 15000 NT rent for a 3BD/2BT in Luzhou New Taipei so it's not so far off.
#Anonymous on Jan 13, 2014 :
Rents about 10000 to 20000 NT. Most jobs are about 60000nt
#Anonymous on Jan 06, 2014 :
Hello I recently got a position in Taipei with 35000 NT. Would it be sufficient for me ??
#Anonymous on Dec 18, 2013 :
The Volkswagen is off, around 920000 TWD for one
#jimmy on Dec 16, 2013 :
the salary number is wrong
2013 in average is 46000 per month before tax, after tax the average will be 40700
#Anonymous on Oct 05, 2013 :
What are costs in Taipei compared to Yonghe? I think I heard that Taipei is considered one of the more expensive cities in Taiwan, but wonder how much more than Yonghe.
#Donna Stevens on Sep 03, 2013 :
I am planning to move to Keelung City. I have been offered a job offering about 14 000 ZAR. I am concerned that I will not be able to cope on this salary
#taipei dweller on Jun 04, 2013 :
easy to find a 3 bedroom apartment in taipei city for 35k ....but it generally will be basic
#Mike on Feb 28, 2013 :
I used to rent a small room with bathroom next to a metro station(Dapinglin) for 12500NT a month, and for such rooms it's about 15000NT next to a metro station.
You can get a 3 bedroom flat for the same price if you're willing to walk for 15min. (This was in 2011)
#anonymous on Jan 03, 2013 :
I'm planning to move to Taipei and have been researching a lot about costs. I don't know about other costs mentioned here, but rentals are far from reality. I doubt you can even dream of finding a 3 bedroom flat in city centre for 35000 NT. I would take that lease anytime. From my recent research, price in city centre is not less then 75000-90000 NTD at the lower end for 3 bedroom house. Can double from there as you go premium.

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