Cost of Living Comparison Between Taiwan and South Korea 
| Indices Difference |  |
|---|---|
| Consumer Prices in South Korea are 33.7% higher than in Taiwan (without rent) | |
| Consumer Prices Including Rent in South Korea are 31.1% higher than in Taiwan | |
| Rent Prices in South Korea are 21.4% higher than in Taiwan | |
| Restaurant Prices in South Korea are 38.3% higher than in Taiwan | |
| Groceries Prices in South Korea are 35.4% higher than in Taiwan | |
| Local Purchasing Power in South Korea is 15.0% higher than in Taiwan | |
Restaurants | Taiwan Edit |
South Korea Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
150.00 NT$ (6,299.00 ₩) |
238.13 NT$ (10,000.00 ₩) |
+58.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
950.00 NT$ (39,893.68 ₩) |
1,190.66 NT$ (50,000.00 ₩) |
+25.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
153.00 NT$ (6,424.98 ₩) |
190.51 NT$ (8,000.00 ₩) |
+24.5 % |
| Domestic Beer (1 pint draught) |
60.00 NT$ (2,519.60 ₩) |
107.16 NT$ (4,500.00 ₩) |
+78.6 % |
| Imported Beer (12 oz small bottle) |
80.00 NT$ (3,359.47 ₩) |
142.88 NT$ (6,000.00 ₩) |
+78.6 % |
| Cappuccino (regular) |
95.03 NT$ (3,990.80 ₩) |
118.21 NT$ (4,964.18 ₩) |
+24.4 % |
| Coke/Pepsi (12 oz small bottle) |
31.97 NT$ (1,342.66 ₩) |
46.91 NT$ (1,969.88 ₩) |
+46.7 % |
| Water (12 oz small bottle) |
21.57 NT$ (905.76 ₩) |
24.76 NT$ (1,039.83 ₩) |
+14.8 % |
Markets | Taiwan Edit |
South Korea Edit | |
| Milk (regular), (1 gallon) |
366.14 NT$ (15,375.39 ₩) |
256.66 NT$ (10,778.11 ₩) |
-29.9 % |
| Loaf of Fresh White Bread (1 lb) |
54.85 NT$ (2,303.46 ₩) |
86.18 NT$ (3,618.83 ₩) |
+57.1 % |
| Rice (white), (1 lb) |
43.88 NT$ (1,842.78 ₩) |
45.41 NT$ (1,906.75 ₩) |
+3.5 % |
| Eggs (regular) (12) |
91.59 NT$ (3,846.24 ₩) |
101.64 NT$ (4,268.28 ₩) |
+11.0 % |
| Local Cheese (1 lb) |
212.90 NT$ (8,940.28 ₩) |
176.64 NT$ (7,417.84 ₩) |
-17.0 % |
| Chicken Fillets (1 lb) |
119.93 NT$ (5,036.33 ₩) |
124.43 NT$ (5,225.44 ₩) |
+3.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
268.24 NT$ (11,264.16 ₩) |
453.73 NT$ (19,053.60 ₩) |
+69.2 % |
| Apples (1 lb) |
60.27 NT$ (2,530.84 ₩) |
98.28 NT$ (4,127.08 ₩) |
+63.1 % |
| Banana (1 lb) |
29.03 NT$ (1,219.06 ₩) |
49.75 NT$ (2,089.10 ₩) |
+71.4 % |
| Oranges (1 lb) |
37.66 NT$ (1,581.49 ₩) |
83.55 NT$ (3,508.41 ₩) |
+121.8 % |
| Tomato (1 lb) |
46.41 NT$ (1,949.09 ₩) |
79.58 NT$ (3,341.71 ₩) |
+71.5 % |
| Potato (1 lb) |
38.55 NT$ (1,618.68 ₩) |
57.45 NT$ (2,412.71 ₩) |
+49.1 % |
| Onion (1 lb) |
33.22 NT$ (1,395.07 ₩) |
43.00 NT$ (1,805.91 ₩) |
+29.4 % |
| Lettuce (1 head) |
59.93 NT$ (2,516.67 ₩) |
75.90 NT$ (3,187.39 ₩) |
+26.7 % |
| Water (1.5 liter bottle) |
35.76 NT$ (1,501.55 ₩) |
34.18 NT$ (1,435.31 ₩) |
-4.4 % |
| Bottle of Wine (Mid-Range) |
400.00 NT$ (16,797.34 ₩) |
476.27 NT$ (20,000.00 ₩) |
+19.1 % |
| Domestic Beer (0.5 liter bottle) |
50.44 NT$ (2,118.35 ₩) |
69.25 NT$ (2,908.18 ₩) |
+37.3 % |
| Imported Beer (12 oz small bottle) |
70.13 NT$ (2,944.98 ₩) |
85.78 NT$ (3,602.23 ₩) |
+22.3 % |
| Cigarettes 20 Pack (Marlboro) |
120.00 NT$ (5,039.20 ₩) |
107.16 NT$ (4,500.00 ₩) |
-10.7 % |
Transportation | Taiwan Edit |
South Korea Edit | |
| One-way Ticket (Local Transport) |
24.50 NT$ (1,028.84 ₩) |
34.53 NT$ (1,450.00 ₩) |
+40.9 % |
| Monthly Pass (Regular Price) |
1,200.00 NT$ (50,392.02 ₩) |
1,428.80 NT$ (60,000.00 ₩) |
+19.1 % |
| Taxi Start (Normal Tariff) |
85.00 NT$ (3,569.43 ₩) |
100.02 NT$ (4,200.00 ₩) |
+17.7 % |
| Taxi 1 mile (Normal Tariff) |
40.23 NT$ (1,689.54 ₩) |
38.32 NT$ (1,609.34 ₩) |
-4.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
300.00 NT$ (12,598.00 ₩) |
285.76 NT$ (12,000.00 ₩) |
-4.7 % |
| Gasoline (1 gallon) |
117.10 NT$ (4,917.25 ₩) |
149.97 NT$ (6,297.58 ₩) |
+28.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,018,000.00 NT$ (42,749,228.44 ₩) |
898,499.44 NT$ (37,731,000.00 ₩) |
-11.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
787,405.41 NT$ (33,065,789.35 ₩) |
770,569.68 NT$ (32,358,800.79 ₩) |
-2.1 % |
Utilities (Monthly) | Taiwan Edit |
South Korea Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
2,573.86 NT$ (108,084.92 ₩) |
5,334.50 NT$ (224,013.39 ₩) |
+107.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
825.37 NT$ (34,660.13 ₩) |
1,487.38 NT$ (62,460.23 ₩) |
+80.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
735.97 NT$ (30,905.95 ₩) |
704.17 NT$ (29,570.33 ₩) |
-4.3 % |
Sports And Leisure | Taiwan Edit |
South Korea Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,135.69 NT$ (47,691.45 ₩) |
1,487.54 NT$ (62,466.65 ₩) |
+31.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
337.27 NT$ (14,163.21 ₩) |
535.59 NT$ (22,491.11 ₩) |
+58.8 % |
| Cinema, International Release, 1 Seat |
300.00 NT$ (12,598.00 ₩) |
351.25 NT$ (14,750.00 ₩) |
+17.1 % |
Childcare | Taiwan Edit |
South Korea Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
16,634.15 NT$ (698,523.50 ₩) |
11,279.56 NT$ (473,666.67 ₩) |
-32.2 % |
| International Primary School, Yearly for 1 Child |
469,246.99 NT$ (19,705,252.33 ₩) |
668,395.54 NT$ (28,068,166.70 ₩) |
+42.4 % |
Clothing And Shoes | Taiwan Edit |
South Korea Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
2,143.73 NT$ (90,022.58 ₩) |
1,842.74 NT$ (77,382.93 ₩) |
-14.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
1,011.70 NT$ (42,484.67 ₩) |
1,357.48 NT$ (57,005.03 ₩) |
+34.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,635.92 NT$ (110,690.92 ₩) |
2,596.12 NT$ (109,019.61 ₩) |
-1.5 % |
| 1 Pair of Men Leather Business Shoes |
3,300.00 NT$ (138,578.05 ₩) |
3,603.78 NT$ (151,334.69 ₩) |
+9.2 % |
Rent Per Month | Taiwan Edit |
South Korea Edit | |
| Apartment (1 bedroom) in City Centre |
15,021.64 NT$ (630,809.01 ₩) |
16,323.27 NT$ (685,468.75 ₩) |
+8.7 % |
| Apartment (1 bedroom) Outside of Centre |
10,953.15 NT$ (459,959.26 ₩) |
11,565.78 NT$ (485,685.81 ₩) |
+5.6 % |
| Apartment (3 bedrooms) in City Centre |
34,917.95 NT$ (1,466,321.44 ₩) |
48,081.21 NT$ (2,019,090.91 ₩) |
+37.7 % |
| Apartment (3 bedrooms) Outside of Centre |
25,663.82 NT$ (1,077,709.53 ₩) |
29,103.02 NT$ (1,222,133.24 ₩) |
+13.4 % |
Buy Apartment Price | Taiwan Edit |
South Korea Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
23,836.86 NT$ (1,000,989.55 ₩) |
34,682.82 NT$ (1,456,447.79 ₩) |
+45.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
14,675.85 NT$ (616,288.25 ₩) |
23,205.99 NT$ (974,497.07 ₩) |
+58.1 % |
Salaries And Financing | Taiwan Edit |
South Korea Edit | |
| Average Monthly Net Salary (After Tax) |
51,446.08 NT$ (2,160,393.28 ₩) |
77,529.90 NT$ (3,255,739.98 ₩) |
+50.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 1.85 | 4.69 | +153.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 425 | 342 |
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