Living in Taiwan – Living Cost

Daily living expenses in Taiwan depends on individual tastes and requirements. The cost of living in Taipei City is the highest among cities. Generally, daily expenditures in northern Taiwan are higher than mid or southern Taiwan.

Average monthly expenditure (reference only)
The average monthly expenditure in Taiwan overall is NT $19,416 or US $588. However, the expenditure will be approximately NT $23,000 or US $700 in urban Taipei. The following chart is an estimate of expenditures for reference only. Please note that costs depend on each person’s needs and lifestyle. (Currency rate: 1 USD=33 NTD)

Range (NT$) Average NT$ (US$)
Rent 5,000 – 20,000 10,000 ($300)
Food 5,000 – 12,000 8,000 ($240)
Cell Phone 300-3,000 1,000 ($30)
Utilities 1,000-2,000 1,000 ($30)
Incidentals 2,000-5,000 3,000 ($90)
Settling (incl. rent, deposit. ect) 15,000 – 50,000 25,000 ($750)

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