See also: food prices cost of living entertainment costs
Can you eat cheaply in restaurants in Taiwan? What are the prices in affordable pubs in Taiwan? How much will I have to spend a day when I only eat in fast food restaurants in Taiwan?
If we are looking for an affordable place to eat, then in a cheap restaurant we will pay about 4.6 US dollars.
With limited time and to avoid spending too much, you can opt for fast food. The cost of a meal set (sandwich, fries, and a soda) is approximately 4.7 US dollars.
And when we can afford to go to the restaurant, we will pay for a meal consisting of three dishes around 29 US dollars.
And if you want to drink a beer or two, you have to pay extra: 3.7 US dollars (price for 2 bottles)
And if you prefer a Coke, Fanta, Sprite or similar carbonated drink, then you have to pay 0.99 US dollars for a small bottle.
Below you will find the full price list in Taiwan, including local beer, coffee, a better restaurant for a couple, cheap restaurant, or bottle of water
See also how prices have changed in previous years: Price changes in previous years in Taiwan
What currency is used in Taiwan and what is the conversion rate?
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.
Prices: Yilan City Kaohsiung Keelung Taipei Tainan Taichung Hsinchu Hua-lien Guangzhou Taoyuan
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
$0.67 ($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
$0.99 ($0.77 - $1.5)
60% is less expensive than in United States
Price changes in Coffee over the years: 2011: $3.1(NT$100), 2012: $2.1(NT$68), 2013: $2.1(NT$68), 2014: $2.4(NT$78), 2015: $2.2(NT$71), 2016: $2.4(NT$79), 2017: $2.3(NT$74), and 2018: $2.3(NT$74)
Price changes in A Better Restaurant For A Couple over the years: 2010: $12.3(NT$399), 2011: $19.4(NT$630), 2012: $22(NT$719), 2013: $17.7(NT$575), 2014: $18.5(NT$600), 2015: $18.5(NT$600), 2016: $22(NT$700), 2017: $22(NT$700), and 2018: $22(NT$700)
Do we have to pay more for beer in the restaurant than we used to?
This is what beer prices looked like in 2010: $0.98(NT$32), 2011: $1.5(NT$47), 2012: $1.5(NT$50), 2013: $1.5(NT$50), 2014: $1.8(NT$60), 2015: $1.5(NT$50), 2016: $1.5(NT$48), 2017: $1.5(NT$50), and 2018: $1.7(NT$55).
Do carbonated drinks cost more than they used to in Taiwan?
On average, a bottle of Cola or Pepsi has cost: 2010: $0.63(NT$20), 2011: $0.67(NT$22), 2012: $0.91(NT$29), 2013: $0.82(NT$27), 2014: $0.85(NT$28), 2015: $0.82(NT$27), 2016: $0.88(NT$29), 2017: $0.82(NT$27), and 2018: $0.82(NT$27) in recent years
Price changes in Bottle Of Water over the years: 2010: $0.55(NT$18), 2011: $0.54(NT$17.7), 2012: $0.73(NT$24), 2013: $0.6(NT$19.6), 2014: $0.58(NT$19), 2015: $0.59(NT$19.2), 2016: $0.62(NT$20), 2017: $0.58(NT$19), and 2018: $0.62(NT$20)