Cost of Living Comparison Between Taiwan and South Korea 
| Indices Difference |  |
|---|---|
| Cost of Living in South Korea is 32.1% higher than in Taiwan (excluding rent) | |
| Cost of Living Including Rent in South Korea is 29.7% higher than in Taiwan | |
| Rent Prices in South Korea are 19.4% higher than in Taiwan | |
| Restaurant Prices in South Korea are 36.0% higher than in Taiwan | |
| Groceries Prices in South Korea are 31.9% higher than in Taiwan | |
| Local Purchasing Power in South Korea is 2.1% higher than in Taiwan | |
Restaurants | Taiwan Edit |
South Korea Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
150.00 NT$ (6,628.20 ₩) |
226.31 NT$ (10,000.00 ₩) |
+50.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 NT$ (44,187.99 ₩) |
1,357.83 NT$ (60,000.00 ₩) |
+35.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
160.00 NT$ (7,070.08 ₩) |
181.04 NT$ (8,000.00 ₩) |
+13.2 % |
| Domestic Beer (1 pint draught) |
60.00 NT$ (2,651.28 ₩) |
113.15 NT$ (5,000.00 ₩) |
+88.6 % |
| Imported Beer (12 oz small bottle) |
81.95 NT$ (3,621.38 ₩) |
152.76 NT$ (6,750.00 ₩) |
+86.4 % |
| Cappuccino (regular) |
92.40 NT$ (4,083.14 ₩) |
113.74 NT$ (5,025.78 ₩) |
+23.1 % |
| Coke/Pepsi (12 oz small bottle) |
31.51 NT$ (1,392.36 ₩) |
48.64 NT$ (2,149.43 ₩) |
+54.4 % |
| Water (12 oz small bottle) |
21.22 NT$ (937.77 ₩) |
24.33 NT$ (1,075.01 ₩) |
+14.6 % |
Markets | Taiwan Edit |
South Korea Edit | |
| Milk (regular), (1 gallon) |
363.48 NT$ (16,061.62 ₩) |
255.52 NT$ (11,290.90 ₩) |
-29.7 % |
| Loaf of Fresh White Bread (1 lb) |
52.67 NT$ (2,327.20 ₩) |
86.73 NT$ (3,832.41 ₩) |
+64.7 % |
| Rice (white), (1 lb) |
42.70 NT$ (1,886.89 ₩) |
42.28 NT$ (1,868.33 ₩) |
-1.0 % |
| Eggs (regular) (12) |
88.21 NT$ (3,897.69 ₩) |
95.44 NT$ (4,217.10 ₩) |
+8.2 % |
| Local Cheese (1 lb) |
228.43 NT$ (10,093.79 ₩) |
192.62 NT$ (8,511.55 ₩) |
-15.7 % |
| Chicken Fillets (1 lb) |
123.01 NT$ (5,435.62 ₩) |
128.15 NT$ (5,662.48 ₩) |
+4.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
282.43 NT$ (12,479.89 ₩) |
422.82 NT$ (18,683.58 ₩) |
+49.7 % |
| Apples (1 lb) |
64.07 NT$ (2,831.08 ₩) |
109.54 NT$ (4,840.53 ₩) |
+71.0 % |
| Banana (1 lb) |
33.56 NT$ (1,482.75 ₩) |
48.32 NT$ (2,135.18 ₩) |
+44.0 % |
| Oranges (1 lb) |
38.24 NT$ (1,689.76 ₩) |
82.66 NT$ (3,652.55 ₩) |
+116.2 % |
| Tomato (1 lb) |
49.48 NT$ (2,186.31 ₩) |
85.80 NT$ (3,791.26 ₩) |
+73.4 % |
| Potato (1 lb) |
37.98 NT$ (1,678.35 ₩) |
53.96 NT$ (2,384.44 ₩) |
+42.1 % |
| Onion (1 lb) |
30.64 NT$ (1,353.92 ₩) |
40.67 NT$ (1,797.15 ₩) |
+32.7 % |
| Lettuce (1 head) |
61.97 NT$ (2,738.30 ₩) |
76.35 NT$ (3,373.78 ₩) |
+23.2 % |
| Water (1.5 liter bottle) |
37.41 NT$ (1,653.15 ₩) |
36.57 NT$ (1,615.78 ₩) |
-2.3 % |
| Bottle of Wine (Mid-Range) |
400.00 NT$ (17,675.20 ₩) |
565.76 NT$ (25,000.00 ₩) |
+41.4 % |
| Domestic Beer (0.5 liter bottle) |
51.65 NT$ (2,282.26 ₩) |
67.24 NT$ (2,971.32 ₩) |
+30.2 % |
| Imported Beer (12 oz small bottle) |
69.81 NT$ (3,084.70 ₩) |
91.60 NT$ (4,047.51 ₩) |
+31.2 % |
| Cigarettes 20 Pack (Marlboro) |
120.00 NT$ (5,302.56 ₩) |
101.84 NT$ (4,500.00 ₩) |
-15.1 % |
Transportation | Taiwan Edit |
South Korea Edit | |
| One-way Ticket (Local Transport) |
25.00 NT$ (1,104.70 ₩) |
33.95 NT$ (1,500.00 ₩) |
+35.8 % |
| Monthly Pass (Regular Price) |
1,200.00 NT$ (53,025.59 ₩) |
1,470.99 NT$ (65,000.00 ₩) |
+22.6 % |
| Taxi Start (Normal Tariff) |
90.00 NT$ (3,976.92 ₩) |
101.84 NT$ (4,500.00 ₩) |
+13.2 % |
| Taxi 1 mile (Normal Tariff) |
40.23 NT$ (1,777.84 ₩) |
29.14 NT$ (1,287.48 ₩) |
-27.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
300.00 NT$ (13,256.40 ₩) |
271.57 NT$ (12,000.00 ₩) |
-9.5 % |
| Gasoline (1 gallon) |
116.62 NT$ (5,153.08 ₩) |
141.62 NT$ (6,258.07 ₩) |
+21.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,100,000.00 NT$ (48,606,790.68 ₩) |
853,874.52 NT$ (37,731,000.00 ₩) |
-22.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
787,142.86 NT$ (34,782,261.90 ₩) |
722,969.80 NT$ (31,946,583.53 ₩) |
-8.2 % |
Utilities (Monthly) | Taiwan Edit |
South Korea Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
2,443.57 NT$ (107,976.28 ₩) |
5,205.78 NT$ (230,032.89 ₩) |
+113.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
720.97 NT$ (31,858.15 ₩) |
1,244.45 NT$ (54,989.79 ₩) |
+72.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
714.58 NT$ (31,575.83 ₩) |
668.05 NT$ (29,519.89 ₩) |
-6.5 % |
Sports And Leisure | Taiwan Edit |
South Korea Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,171.55 NT$ (51,768.40 ₩) |
1,596.10 NT$ (70,528.40 ₩) |
+36.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
350.00 NT$ (15,465.80 ₩) |
646.67 NT$ (28,575.00 ₩) |
+84.8 % |
| Cinema, International Release, 1 Seat |
320.00 NT$ (14,140.16 ₩) |
339.46 NT$ (15,000.00 ₩) |
+6.1 % |
Childcare | Taiwan Edit |
South Korea Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
17,115.13 NT$ (756,283.29 ₩) |
12,329.27 NT$ (544,805.52 ₩) |
-28.0 % |
| International Primary School, Yearly for 1 Child |
488,461.54 NT$ (21,584,134.32 ₩) |
700,398.22 NT$ (30,949,190.74 ₩) |
+43.4 % |
Clothing And Shoes | Taiwan Edit |
South Korea Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
2,008.15 NT$ (88,736.12 ₩) |
1,805.91 NT$ (79,799.35 ₩) |
-10.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
982.78 NT$ (43,427.15 ₩) |
1,546.54 NT$ (68,338.51 ₩) |
+57.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,697.46 NT$ (119,195.46 ₩) |
2,601.00 NT$ (114,932.76 ₩) |
-3.6 % |
| 1 Pair of Men Leather Business Shoes |
3,462.44 NT$ (152,998.47 ₩) |
3,437.85 NT$ (151,911.76 ₩) |
-0.7 % |
Rent Per Month | Taiwan Edit |
South Korea Edit | |
| Apartment (1 bedroom) in City Centre |
15,680.61 NT$ (692,894.51 ₩) |
18,278.16 NT$ (807,675.28 ₩) |
+16.6 % |
| Apartment (1 bedroom) Outside of Centre |
10,960.03 NT$ (484,301.52 ₩) |
11,502.55 NT$ (508,274.38 ₩) |
+4.9 % |
| Apartment (3 bedrooms) in City Centre |
37,194.03 NT$ (1,643,529.67 ₩) |
48,883.35 NT$ (2,160,056.91 ₩) |
+31.4 % |
| Apartment (3 bedrooms) Outside of Centre |
26,954.90 NT$ (1,191,082.72 ₩) |
29,722.95 NT$ (1,313,397.44 ₩) |
+10.3 % |
Buy Apartment Price | Taiwan Edit |
South Korea Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
27,052.60 NT$ (1,195,400.01 ₩) |
39,543.73 NT$ (1,747,358.06 ₩) |
+46.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
17,413.78 NT$ (769,479.76 ₩) |
26,308.41 NT$ (1,162,516.01 ₩) |
+51.1 % |
Salaries And Financing | Taiwan Edit |
South Korea Edit | |
| Average Monthly Net Salary (After Tax) |
53,400.38 NT$ (2,359,655.55 ₩) |
70,696.34 NT$ (3,123,929.13 ₩) |
+32.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.13 | 4.50 | +111.6 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 370 | 319 |
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