Currency in Taiwan New Taiwan dollar (TWD NT$). For 10 US dollars you can get 323 New Taiwan dollars. For 100 US dollars you can get 3.23 thousand New Taiwan dollars. And the other way around: For 100 New Taiwan dollars you can get 3.1 US dollars.
Prices: Yilan City Kaohsiung Keelung Taipei Tainan Taichung Hsinchu Hua-lien Guangzhou Taoyuan
Summing up costs, it can be concluded that in Taiwan it is cheaper than in United States. Food is 16% cheaper. Dining in restaurants and bars will be cheaper by 62%. In the case of the cost of living in Taiwan, it is lower than the cost in United States by about 13%. If we want to spend time actively or to have fun, we will pay less than in United States about 33%.
See also how prices have changed in previous years: Price changes in previous years in Taiwan
Are hotels expensive in Taiwan? How much will we pay for a room in Taiwan?
The average price of accommodation in Taiwan is $77 (NT$2.48K). If you are looking for the cheapest accommodation: in a cheap one-star hotel you will pay: $47 (NT$1.51K) and if you like hostels, you'll spend the night there for: $28 (NT$890). The cost of a room in a 2-star hotel is Taiwan in $62 (NT$2.01K). 3-star hotels offer accommodation for an average price of $76 (NT$2.45K) Overnight stay in a 4-star hotel costs $95 (NT$3.07K) in Taiwan If you are looking for the best conditions for your stay, then in 5-star hotels that will provide much more luxury you will have to pay $259 (NT$8.35K)
When you're thinking about traveling and it doesn't necessarily have to be a specific country, maybe the costs will be lower than in Taiwan in one of the nearby countries? Check prices in: Hong Kong, Macau, Mexico, Philippines, and South Korea.
fees
$81 ($47 - $156)
61% is less expensive than in United States
internet
$23 ($15.5 - $34)
68% is less expensive than in United States
jeans
$66 ($25 - $124)
26% more than in United States
average earnings
$1.59K
65% is less expensive than in United States
renting a small apartment in the center
$470 ($264 - $807)
74% is less expensive than in United States
renting a large apartment outside the center
$795 ($527 - $1.3K)
67% is less expensive than in United States
bread
$1.9 ($1.2 - $4.7)
by half less than in United States
cheese
$14.9 ($6.8 - $31)
16% more than in United States
rice
$3 ($1.6 - $5.6)
34% is less expensive than in United States
tomatoes
$3.3 ($1.2 - $5.9)
33% is less expensive than in United States
bananas
$2 ($1.1 - $4)
19% more than in United States
wine
$12.4 ($6.2 - $28)
17% is less expensive than in United States
cheap restaurant
$4.7 ($2.8 - $7.8)
77% is less expensive than in United States
local beer
$1.9 ($1.1 - $4.7)
69% is less expensive than in United States
coffee
$2.9 ($1.6 - $5.3)
by half less than in United States
bottle of water
$0.67 ($0.56 - $0.93)
67% is less expensive than in United States
Burger King or a similar bar
$4.8 ($4.5 - $6.2)
by half less than in United States
Cola, Pepsi, Sprite, Mirinda
$0.99 ($0.78 - $1.6)
60% is less expensive than in United States
Has the price of bread increased in Taiwan?
Bread in previous years has cost: 2010: $1.3(NT$42), 2011: $1.2(NT$37), 2012: $1.1(NT$36), 2013: $1.4(NT$46), 2014: $1.5(NT$48), 2015: $1.5(NT$48), 2016: $1.5(NT$47), 2017: $1.6(NT$51), and 2018: $1.6(NT$51).
Price changes in Bananas over the years: 2015: $1.6(NT$51), 2016: $2.4(NT$78), 2017: $1.8(NT$57), and 2018: $1.8(NT$57)
Have prices increased in restaurants in Taiwan?
In inexpensive restaurants, the price for a meal was: 2010: $4.2(NT$135), 2011: $2.8(NT$91), 2012: $2.6(NT$84), 2013: $2.6(NT$83), 2014: $3.1(NT$100), 2015: $3.1(NT$100), 2016: $3.7(NT$120), 2017: $3.7(NT$120), and 2018: $3.4(NT$110)
Price changes in Renting A Small Apartment In The Center over the years: 2010: $471(NT$15.2K), 2011: $392(NT$12.6K), 2012: $440(NT$14.2K), 2013: $419(NT$13.5K), 2014: $463(NT$14.9K), 2015: $422(NT$13.6K), 2016: $434(NT$14K), 2017: $428(NT$13.8K), and 2018: $530(NT$17.1K)
Prices in cities and towns in Taiwan
Choose a city, see prices in supermarkets, restaurants, compare the cost of living, see how much entertainment costs and whether it is more expensive than in United States