Prices and Cost of Living in Taiwan

Food and beverage prices in Taiwan

Popular food products found on store shelves in Taiwan include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 65.67 TWD (1.84 EUR) for a kilo of onions to 591 TWD (16.6 EUR) for a kilo of beef. The price of white rice is 93.02 TWD (2.61 EUR) per kilo, while a loaf of fresh white bread costs 57.65 TWD (1.62 EUR) per half kilo. Bananas cost 90.09 TWD (2.53 EUR) per kilo, while apples cost 155 TWD (4.35 EUR) per kilo.

Water, available in 1.5-liter bottles, costs 39.79 TWD (1.12 EUR). Dairy prices in Taiwan, on the other hand, are as follows: 1 liter of milk costs about 95.94 TWD (2.69 EUR), and 1 kilogram of locally produced cheese is an expense of 592 TWD (16.63 EUR). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 293 TWD (8.22 EUR) per kilo. Eggs (12 pieces per package) are an expense of about 82.32 TWD (2.31 EUR), and the average price of tomatoes is 126 TWD (3.53 EUR) per kilo.

What is the typical cost for an affordable meal?

Prices in restaurants in Taiwan vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 116 TWD (3.24 EUR), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 35.73 TWD (1 EUR). At a fast-food restaurant such as McDonald's, you can expect to pay 169 TWD (4.75 EUR) for a meal, whereas a meal for two at a mid-range restaurant could cost around 1200 TWD (33.69 EUR). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 200 TWD (5.62 EUR).

How much does transportation cost in Taiwan?

The average expense of a one-way trip using local transportation stands at approximately 25 TWD (0.7 EUR), while a monthly ticket for public transportation has an average cost of roughly 1200 TWD (33.69 EUR). Choosing to travel by taxi would entail an initial fee of 85 TWD (2.39 EUR), along with a per-kilometer charge of 25 TWD (0.7 EUR).

Fuel prices in Taiwan

Average fuel prices in Taiwan are 29.65 TWD (0.83 EUR) per liter of gasoline and 26.86 TWD (0.75 EUR) per liter of diesel. A liter of LPG autogas costs 15.13 TWD (0.42 EUR).

How much does it cost to rent an apartment in Taiwan?

The cost of renting or buying an apartment in Taiwan varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 16761 TWD (471 EUR) per month, while the same type of apartment in the city center can cost around 23417 TWD (657 EUR) per month. In comparison, the purchase price of an apartment in the city center is 430678 TWD (12092 EUR) per square meter.