Cost of Living in Taiwan
The population of Taiwan is 23,593,794. The average cost of living in Taiwan is $1680 and the median after-tax salary is $1395.38
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
3.76 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
28.2 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
4.7 $ |
|
|
Domestic Beer (1 pint draught) |
1.88 $ |
|
|
Imported Beer (12 oz small bottle) |
2.51 $ |
|
|
Cappuccino (regular) |
2.62 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
0.95 $ |
|
|
Water (12 oz small bottle) |
0.66 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
2.93 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
1.85 $ |
|
|
Rice (white), (1 lb) |
2.83 $ |
|
|
Eggs (regular) (12) |
2.67 $ |
|
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Local Cheese (1 lb) |
15.46 $ |
|
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Chicken Fillets (1 lb) |
7.5 $ |
|
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Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17.92 $ |
|
|
Apples (1 lb) |
3.73 $ |
|
|
Banana (1 lb) |
1.86 $ |
|
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Oranges (1 lb) |
2.55 $ |
|
|
Tomato (1 lb) |
3.24 $ |
|
|
Potato (1 lb) |
2.37 $ |
|
|
Onion (1 lb) |
2.17 $ |
|
|
Lettuce (1 head) |
1.79 $ |
|
|
Water (1.5 liter bottle) |
1.09 $ |
|
|
Bottle of Wine (Mid-Range) |
12.53 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.54 $ |
|
|
Imported Beer (12 oz small bottle) |
2.34 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
3.76 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.78 $ |
|
|
Monthly Pass (Regular Price) |
40.1 $ |
|
|
Taxi Start (Normal Tariff) |
2.66 $ |
|
|
Taxi 1 mile (Normal Tariff) |
0.78 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
7.05 $ |
|
|
Gasoline (1 gallon) |
0.95 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
31328.81 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
23814.37 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
71.32 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.16 $ |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
24.21 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
36.29 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
11.47 $ |
|
|
Cinema, International Release, 1 Seat |
9.4 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
500.27 $ |
|
|
International Primary School, Yearly for 1 Child |
11805.09 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
71.23 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
31.21 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
78.97 $ |
|
|
1 Pair of Men Leather Business Shoes |
110.5 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
440.58 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
303.74 $ |
|
|
Apartment (3 bedrooms) in City Centre |
1014.03 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
706.55 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
6599.08 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
4187.13 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
1395.38 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
1.75 % |
|
Taiwan
OVERALL RISK: LOW
Taiwan is generally safe to travel to, but it's not without its dangers. The only concern is a petty crime on the streets, but if you apply the basic precaution measures, your trip should go smoothly.
TRANSPORT & TAXIS RISK: LOW
Though public transport is mostly safe and reliable, it is filled with pickpockets and petty thieves. Always negotiate everything in advance and never pay upfront. Transportation stations are also risky, as they are known to attract criminals. Bear in mind that Taiwan is filled with unlicensed taxi vehicles that don't use meters and might try to rip you off.
PICKPOCKETS RISK: MEDIUM
There is a heightened risk of pickpockets in Taiwan since it has around 10 million visitors a year. Don‘t leave anything valuable in your back pockets and be especially vigilant in crowded places.
NATURAL DISASTERS RISK: LOW
As for natural disasters, Taiwan has a high risk of earthquakes. There are also risks of typhoons, especially between July to November and tourists are recommended to refrain from visiting the mountains during these periods.
MUGGING RISK: LOW
Taiwan, on the whole, is extremely safe. Crime against foreigners is rare, and violent crime, and incidents such as mugging and rape, against foreigners are extremely rare.
TERRORISM RISK: LOW
Even though in Taiwan's recent history there haven't been any terrorist attacks, one can never be too cautious, and things such as terrorist attacks can never be ruled out, so be aware of your surroundings at all times.
SCAMS RISK: HIGH
The most common scams are connected with the ATMs. There is the popular scam of someone calling you, impersonating a bank employee or a hotel staff and asking you to confirm your credit card information. There is also the risk of ATM fraud so try and use the machines that are inside.
WOMEN TRAVELERS RISK: LOW
Taiwan is safe for solo women travelers. Just use your common sense and be aware of your surroundings at all times. Avoid wearing purses and do not walk alone or ride in taxis at night.
Visas
Many countries in Europe, U.S.A, Australia and New Zealand do not need a visa to enter Taiwan, for any stays shorter than 90 days. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Currency
The New Taiwan dollar is the official currency in Taiwan. ATMs are widely available throughout the country, except in rural areas, while credit cards are accepted at most establishments.
Weather
There are two climates in Taiwan: the north part of Taiwan has a sub-tropical climate zone, while the southern part has a tropical climate zone. Winters in Taiwan are warm and mild while summers are hot and wet, with typhoons and thunderstorms.
Airports
Taiwan Taoyuan International Airport is an international airport in Taipei, the capital of Taiwan. It is located about 40 km west of Taipei in Dayuan District. The airport is Taiwan's largest and busiest.
Travel Insurance
Just like anywhere else, we recommend getting travel insurance when traveling to Taiwan, since it covers not only the costs of medical problems but also theft and loss of valuables.