Cost of Living Comparison Between South Korea and Taiwan 
| Indices Difference |  |
|---|---|
| Consumer Prices in Taiwan are 25.0% lower than in South Korea (without rent) | |
| Consumer Prices Including Rent in Taiwan are 23.6% lower than in South Korea | |
| Rent Prices in Taiwan are 17.9% lower than in South Korea | |
| Restaurant Prices in Taiwan are 27.5% lower than in South Korea | |
| Groceries Prices in Taiwan are 26.0% lower than in South Korea | |
| Local Purchasing Power in Taiwan is 13.2% lower than in South Korea | |
Restaurants | South Korea Edit |
Taiwan Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10,000.00 ₩ (237.32 NT$) |
6,320.55 ₩ (150.00 NT$) |
-36.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50,000.00 ₩ (1,186.61 NT$) |
40,030.14 ₩ (950.00 NT$) |
-19.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (189.86 NT$) |
6,446.96 ₩ (153.00 NT$) |
-19.4 % |
| Domestic Beer (1 pint draught) |
4,500.00 ₩ (106.79 NT$) |
2,528.22 ₩ (60.00 NT$) |
-43.8 % |
| Imported Beer (12 oz small bottle) |
6,000.00 ₩ (142.39 NT$) |
3,370.96 ₩ (80.00 NT$) |
-43.8 % |
| Cappuccino (regular) |
4,977.21 ₩ (118.12 NT$) |
4,004.70 ₩ (95.04 NT$) |
-19.5 % |
| Coke/Pepsi (12 oz small bottle) |
1,973.29 ₩ (46.83 NT$) |
1,347.25 ₩ (31.97 NT$) |
-31.7 % |
| Water (12 oz small bottle) |
1,033.92 ₩ (24.54 NT$) |
908.86 ₩ (21.57 NT$) |
-12.1 % |
Markets | South Korea Edit |
Taiwan Edit | |
| Milk (regular), (1 gallon) |
10,816.60 ₩ (256.70 NT$) |
15,433.32 ₩ (366.27 NT$) |
+42.7 % |
| Loaf of Fresh White Bread (1 lb) |
3,619.99 ₩ (85.91 NT$) |
2,311.34 ₩ (54.85 NT$) |
-36.2 % |
| Rice (white), (1 lb) |
1,907.84 ₩ (45.28 NT$) |
1,849.16 ₩ (43.88 NT$) |
-3.1 % |
| Eggs (regular) (12) |
4,269.21 ₩ (101.32 NT$) |
3,859.39 ₩ (91.59 NT$) |
-9.6 % |
| Local Cheese (1 lb) |
7,425.59 ₩ (176.22 NT$) |
8,970.86 ₩ (212.90 NT$) |
+20.8 % |
| Chicken Fillets (1 lb) |
5,311.53 ₩ (126.05 NT$) |
5,053.55 ₩ (119.93 NT$) |
-4.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
19,053.60 ₩ (452.18 NT$) |
11,302.69 ₩ (268.24 NT$) |
-40.7 % |
| Apples (1 lb) |
4,135.81 ₩ (98.15 NT$) |
2,539.49 ₩ (60.27 NT$) |
-38.6 % |
| Banana (1 lb) |
2,084.29 ₩ (49.46 NT$) |
1,223.23 ₩ (29.03 NT$) |
-41.3 % |
| Oranges (1 lb) |
3,491.48 ₩ (82.86 NT$) |
1,586.90 ₩ (37.66 NT$) |
-54.5 % |
| Tomato (1 lb) |
3,347.95 ₩ (79.45 NT$) |
1,955.75 ₩ (46.41 NT$) |
-41.6 % |
| Potato (1 lb) |
2,420.27 ₩ (57.44 NT$) |
1,624.22 ₩ (38.55 NT$) |
-32.9 % |
| Onion (1 lb) |
1,806.20 ₩ (42.86 NT$) |
1,399.84 ₩ (33.22 NT$) |
-22.5 % |
| Lettuce (1 head) |
3,223.46 ₩ (76.50 NT$) |
2,525.28 ₩ (59.93 NT$) |
-21.7 % |
| Water (1.5 liter bottle) |
1,435.51 ₩ (34.07 NT$) |
1,509.07 ₩ (35.81 NT$) |
+5.1 % |
| Bottle of Wine (Mid-Range) |
20,000.00 ₩ (474.64 NT$) |
16,854.79 ₩ (400.00 NT$) |
-15.7 % |
| Domestic Beer (0.5 liter bottle) |
2,908.72 ₩ (69.03 NT$) |
2,138.25 ₩ (50.75 NT$) |
-26.5 % |
| Imported Beer (12 oz small bottle) |
3,602.87 ₩ (85.50 NT$) |
2,955.05 ₩ (70.13 NT$) |
-18.0 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (106.79 NT$) |
5,056.44 ₩ (120.00 NT$) |
+12.4 % |
Transportation | South Korea Edit |
Taiwan Edit | |
| One-way Ticket (Local Transport) |
1,450.00 ₩ (34.41 NT$) |
1,032.36 ₩ (24.50 NT$) |
-28.8 % |
| Monthly Pass (Regular Price) |
60,000.00 ₩ (1,423.93 NT$) |
50,564.38 ₩ (1,200.00 NT$) |
-15.7 % |
| Taxi Start (Normal Tariff) |
4,000.00 ₩ (94.93 NT$) |
3,581.64 ₩ (85.00 NT$) |
-10.5 % |
| Taxi 1 mile (Normal Tariff) |
1,609.34 ₩ (38.19 NT$) |
1,695.32 ₩ (40.23 NT$) |
+5.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (284.79 NT$) |
12,641.10 ₩ (300.00 NT$) |
+5.3 % |
| Gasoline (1 gallon) |
6,297.58 ₩ (149.45 NT$) |
4,934.07 ₩ (117.10 NT$) |
-21.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (895,436.61 NT$) |
42,895,451.90 ₩ (1,018,000.00 NT$) |
+13.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
32,358,800.79 ₩ (767,942.93 NT$) |
33,178,890.66 ₩ (787,405.41 NT$) |
+2.5 % |
Utilities (Monthly) | South Korea Edit |
Taiwan Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
224,013.39 ₩ (5,316.31 NT$) |
108,454.62 ₩ (2,573.86 NT$) |
-51.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
62,460.23 ₩ (1,482.31 NT$) |
34,778.68 ₩ (825.37 NT$) |
-44.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29,570.33 ₩ (701.77 NT$) |
31,011.67 ₩ (735.97 NT$) |
+4.9 % |
Sports And Leisure | South Korea Edit |
Taiwan Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
62,466.65 ₩ (1,482.47 NT$) |
48,011.44 ₩ (1,139.41 NT$) |
-23.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
22,491.11 ₩ (533.76 NT$) |
14,211.66 ₩ (337.27 NT$) |
-36.8 % |
| Cinema, International Release, 1 Seat |
15,000.00 ₩ (355.98 NT$) |
12,641.10 ₩ (300.00 NT$) |
-15.7 % |
Childcare | South Korea Edit |
Taiwan Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
473,666.67 ₩ (11,241.11 NT$) |
700,912.79 ₩ (16,634.15 NT$) |
+48.0 % |
| International Primary School, Yearly for 1 Child |
28,068,166.70 ₩ (666,117.09 NT$) |
19,777,078.69 ₩ (469,352.00 NT$) |
-29.5 % |
Clothing And Shoes | South Korea Edit |
Taiwan Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77,394.21 ₩ (1,836.73 NT$) |
90,330.51 ₩ (2,143.73 NT$) |
+16.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
57,005.03 ₩ (1,352.85 NT$) |
42,629.99 ₩ (1,011.70 NT$) |
-25.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
109,019.61 ₩ (2,587.27 NT$) |
110,319.52 ₩ (2,618.12 NT$) |
+1.2 % |
| 1 Pair of Men Leather Business Shoes |
151,334.69 ₩ (3,591.49 NT$) |
139,052.05 ₩ (3,300.00 NT$) |
-8.1 % |
Rent Per Month | South Korea Edit |
Taiwan Edit | |
| Apartment (1 bedroom) in City Centre |
685,468.75 ₩ (16,267.63 NT$) |
633,723.46 ₩ (15,039.60 NT$) |
-7.5 % |
| Apartment (1 bedroom) Outside of Centre |
485,781.60 ₩ (11,528.63 NT$) |
461,552.81 ₩ (10,953.63 NT$) |
-5.0 % |
| Apartment (3 bedrooms) in City Centre |
2,019,090.91 ₩ (47,917.31 NT$) |
1,454,049.42 ₩ (34,507.67 NT$) |
-28.0 % |
| Apartment (3 bedrooms) Outside of Centre |
1,222,500.00 ₩ (29,012.52 NT$) |
1,075,191.95 ₩ (25,516.58 NT$) |
-12.0 % |
Buy Apartment Price | South Korea Edit |
Taiwan Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,472,232.73 ₩ (34,939.20 NT$) |
1,004,455.94 ₩ (23,837.87 NT$) |
-31.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
975,541.66 ₩ (23,151.67 NT$) |
618,396.26 ₩ (14,675.85 NT$) |
-36.6 % |
Salaries And Financing | South Korea Edit |
Taiwan Edit | |
| Average Monthly Net Salary (After Tax) |
3,270,871.55 ₩ (77,624.72 NT$) |
2,168,148.24 ₩ (51,454.75 NT$) |
-33.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.69 | 1.85 | -60.5 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 348 | 431 |
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