{"id":23414,"date":"2020-02-26T02:00:46","date_gmt":"2020-02-26T01:00:46","guid":{"rendered":"https:\/\/www.saporedicina.com\/english\/?p=23414"},"modified":"2022-03-18T13:06:38","modified_gmt":"2022-03-18T12:06:38","slug":"cost-of-living-taiwan","status":"publish","type":"post","link":"https:\/\/www.saporedicina.com\/english\/cost-of-living-taiwan\/","title":{"rendered":"Cost of Living in Taiwan \u2013 The Complete Guide"},"content":{"rendered":"

\"Cost
\n\u00e7<\/p>\n

\n

Cost of Living in Taiwan – Index<\/h3>\n
    \n
  1. Cost of living in Taiwan \u2013 General reflections<\/a><\/li>\n
  2. Is it expensive to live in Taiwan?<\/a><\/li>\n
  3. How high are the salaries in Taiwan?<\/a><\/li>\n<\/ol>\n<\/div>\n

    <\/p>\n

    In this article, you will get a better understanding of the living costs in Taiwan. <\/p>\n

    First, I will share a general reflection about the cost of living. Here, we review the costs for rent, utilities, food, transportation, and more. This is important to understand how much you need to pay on a monthly basis. <\/p>\n

    Truth be told, you don\u2019t want to end up accepting a contract where you can\u2019t afford living a decent life.<\/p>\n

    At the end of the article, I will answer the fateful question \u201cIs it expensive to live in Taiwan?\u201d. Here, we compare the cost of living in Taipei with different cities around the world, including San Diego, Tokyo, Madrid, and more. <\/p>\n

    <\/strong><\/p>\n

    Cost of living in Taiwan \u2013 General reflections<\/h2>\n

    Despite being a small island, costs can differ widely in Taiwan<\/a> and depending on if you live in Taipei<\/a> compared to Kaohsiung, for example. In smaller cities, prices are significantly cheaper than the capital. <\/p>\n

    Of course, your living expenses will be determined based on your lifestyle and how much you indulge in local festivities. Alcohol is expensive in clubs, for example, and can set you back as much as USD 15. <\/p>\n

    If you like to party, buy imported products, and don\u2019t like sharing an apartment, you will spend significantly more than people who do the opposite. Taiwan, especially Taipei, is infamous for having some of the most expensive real estate markets in the world. <\/p>\n

    Rents, on the other hand, aren\u2019t that expensive, a reason why Taipei has comparably low rental yields. According to Numbeo<\/a>, the rent for a one-bedroom apartment in the city center of Taipei is NTD 16,081, equal to around USD 530. Not that bad right? <\/p>\n

    At least not to the Tier 1 cities in mainland China. In Shanghai, you need to pay as much as CNY 7,454 (USD 1,065!) for a one-bedroom apartment in the city center. That\u2019s almost twice as much.<\/p>\n

    If you want to save more money in Taipei, you can also share an apartment. Here, a 3-bedroom apartment costs NTD 36,851 (USD 1,220) on average in the city center. Thus, you can pay as little as USD 406 if you rent a room.<\/p>\n

    Utility costs for a 2-bedroom 85m2 apartment add up to a total of around NTD 2,261 (USD 75), which is comparably high. <\/p>\n

    Something you should bear in mind is that Taiwan has a limited land area and imports a lot of food from overseas. So the costs for groceries is rather high. 1 liter of milk costs almost USD 3 on average. That\u2019s three times as much what it costs in many Western countries. <\/p>\n

    You will also need a mobile phone while staying in Taiwan. Looking at Taiwan mobile. The rates are currently as follows:<\/p>\n