Prices in Taiwan

What are the supermarket prices in Taiwan? Is the cost of living in Taiwan higher than in United States? How much will it cost us to entertain in Taiwan and how much will we spend in restaurants and bars?
On this page below you will find the current price and cost overview in Taiwan: food prices, Prices in restaurants, cost of living, and entertainment costs (The last update: today 3 hours ago)

Currency in Taiwan New Taiwan dollar (TWD NT$). For 10 US dollars you can get 325 New Taiwan dollars. For 100 US dollars you can get 3.25 thousand New Taiwan dollars. And the other way around: For 100 New Taiwan dollars you can get 3.08 US dollars.

What are the different prices in the cities in Taiwan? Look here: Prices in cities in Taiwan

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 18% cheaper. Dining in restaurants and bars will be cheaper by 63%. In the case of the cost of living in Taiwan, it is lower than the cost in United States by about 15%. If we want to spend time actively or to have fun, we will pay less than in United States about 34%.

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$2.5K). If you are looking for the cheapest accommodation: in a cheap one-star hotel you will pay: $47 (NT$1.52K) and if you like hostels, you'll spend the night there for: $28 (NT$898). The cost of a room in a 2-star hotel is Taiwan in $62 (NT$2.03K). 3-star hotels offer accommodation for an average price of $76 (NT$2.47K) Overnight stay in a 4-star hotel costs $95 (NT$3.09K) 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$8.42K)

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.

Comparison of selected prices in Taiwan with prices in United States:

fees

$80 ($46 - $155)
61% is less expensive than in United States

internet

$23 ($15.4 - $34)
68% is less expensive than in United States

jeans

$65 ($25 - $123)
25% more than in United States

average earnings

$1.57K
66% is less expensive than in United States

renting a small apartment in the center

$467 ($261 - $801)
74% is less expensive than in United States

renting a large apartment outside the center

$788 ($523 - $1.29K)
67% is less expensive than in United States

bread

$1.9 ($1.2 - $4.6)
by half less than in United States

cheese

$14.8 ($6.8 - $31)
15% more than in United States

rice

$3 ($1.5 - $5.5)
35% is less expensive than in United States

tomatoes

$3.3 ($1.2 - $5.8)
34% is less expensive than in United States

bananas

$2 ($1.1 - $4)
18% more than in United States

wine

$12.3 ($6.2 - $28)
18% is less expensive than in United States

cheap restaurant

$4.6 ($2.8 - $7.7)
77% is less expensive than in United States

local beer

$1.8 ($1.1 - $4.6)
69% is less expensive than in United States

coffee

$2.9 ($1.5 - $5.2)
by half less than in United States

bottle of water

$0.66 ($0.55 - $0.92)
68% is less expensive than in United States

Burger King or a similar bar

$4.7 ($4.5 - $6.2)
by half less than in United States

Cola, Pepsi, Sprite, Mirinda

$0.98 ($0.77 - $1.5)
60% is less expensive than in United States

Price changes in previous years in Taiwan

Has the price of bread increased in Taiwan?
Bread in previous years has cost: 2010: $1.3(NT$42), 2011: $1.1(NT$37), 2012: $1.1(NT$36), 2013: $1.4(NT$46), 2014: $1.5(NT$48), 2015: $1.5(NT$48), 2016: $1.4(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: $1.7(NT$57)

Have prices increased in restaurants in Taiwan?
In inexpensive restaurants, the price for a meal was: 2010: $4.1(NT$135), 2011: $2.8(NT$91), 2012: $2.6(NT$84), 2013: $2.5(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: $467(NT$15.2K), 2011: $389(NT$12.6K), 2012: $437(NT$14.2K), 2013: $416(NT$13.5K), 2014: $459(NT$14.9K), 2015: $419(NT$13.6K), 2016: $430(NT$14K), 2017: $424(NT$13.8K), and 2018: $526(NT$17.1K)