Cost of Living in Taiwan
Last updated on Jan 04, 2024
Summary: The cost of living in Taiwan is generally considered to be quite affordable. A nice one bedroom apartment in Taiwan can cost anywhere from $500 to $1,000 USD per month, while a nice two bedroom apartment can cost from $800 to $1,500 USD per month. The cost of dinner at a moderately priced restaurant in Taiwan is usually around $10 to $15 USD per person.
Is the cost of living in Taiwan high?
We asked people how much they someone comfortably live on in Taiwan, they wrote:
"The cost of living in Taiwan is generally considered to be quite affordable. The cost of basic necessities such as food, transportation, and housing are all relatively low compared to other countries. Additionally, the cost of entertainment and leisure activities is also quite reasonable. Overall, Taiwan is a great place to live for those looking for an affordable lifestyle," remarked one in Taiwan.
Get Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
Will I save money living in Taiwan?
"Living in Taiwan can be significantly cheaper than living in the United States. The cost of living in Taiwan is generally lower than in the United States, with rent, food, and transportation being much more affordable. Additionally, the cost of healthcare is much lower in Taiwan than in the United States, making it a great option for those looking to save money," explained one expat.
What is the average cost of housing in Taiwan?
If you are thinking about moving to Taiwan, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Taiwan varies depending on the location and type of accommodation. Generally, the average cost of renting an apartment in Taiwan is around NT$20,000 to NT$30,000 per month, while the average cost of buying a house is around NT$3 million," said one person in Taiwan.
What are typical rental prices for expats in Taiwan?
"The rental price for a nice 1 bedroom apartment in Taiwan can vary depending on the location and amenities, but generally ranges from around $500 to $1,500 per month. For a nice 2 bedroom apartment, the rental price can range from around $800 to $2,500 per month," said one expat living in Taiwan.
What appliances are typically included in a rental?
We asked foreigners in Taiwan what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Taiwan, rental properties typically include a refrigerator, washing machine, air conditioner, and water heater. Some properties may also include a stove, oven, and microwave. Additionally, some landlords may provide furniture such as a bed, sofa, and dining table," said an expat in Taiwan.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information: