All figures are shown in EUR for comparability. The local currency of Taiwan is the New Taiwan dollar (TWD).

Monthly Living Costs in Taiwan

Average prices from our cost dataset, re-checked on a rolling basis:

1BR Rent

per month, city average

€650

3BR Rent

per month, city average

€950

Groceries

per month, single person

€280

Transport

per month, public transit pass

€35

Utilities

per month, basic apartment

€95

Meal Out

typical price per meal

€6

Monthly budget (single person): €1,060 (1-bedroom rent + groceries + transport + utilities)

Monthly budget (couple): €1,375 (shared 1-bedroom rent, two of everything else)

These are national averages — actual costs vary by city and lifestyle.

How Expensive Is Taiwan Overall?

Cost indices for Taiwan
IndicatorValue
Cost-of-living index (market data; higher = more expensive)49.7
Rent index14.2
Groceries index64.6
Restaurant price index27.4
Local purchasing-power index (higher = stronger)98.9
Property price-to-income ratio25.3

Salaries by Sector

Typical gross annual salaries in Taiwan from our sector dataset:

Salaries by sector
SectorTypical gross annual (EUR)
Finance€52,000
IT & Software€48,000
Engineering€44,000
Healthcare€36,000
Construction€36,000
Education€32,000
Hospitality€22,000
Retail€20,000

Taxes in Taiwan

Headline tax figures that shape your take-home pay:

Taxes in Taiwan
TaxRate / amount
Effective income tax at €90k gross13.1%
Net monthly pay at €90k gross€5,792
VAT / sales tax5%
Top personal income-tax rate40%

Worked example: on a €90,000 gross salary, net pay is about €5,792 per month. After rent and essentials (€1,060), roughly €4,732 per month is left for savings and discretionary spending.

How Taiwan Compares to Its Neighbours

Regional cost comparison
Country1BR RentGroceriesTransportCost index
Taiwan€650€280€3549.7
China€650€180€2550.9
Japan€850€280€6562.5
South Korea€650€210€5257.6

Quality of Life Metrics

Beyond cost, these factors shape everyday life in Taiwan:

Safety index

71/100

Healthcare index

82/100

Internet speed

137 Mbps

English proficiency

63/100

Expat satisfaction

7.8/10

What It Costs to Get In: Visas & Residence

We track 8 residence and visa routes for Taiwan — see the full Taiwan visa programme list.

Lowest documented income requirement among tracked routes: €2,000 per month — Taiwan Employment Gold Card (work route). Requirements change; always confirm on the official page before applying.

Our engine estimates a minimum financial viability of €1,060 per month to sustain a move to Taiwan.

Frequently Asked Questions

Is Taiwan expensive?

Taiwan has a cost-of-living index of 49.7 (higher = more expensive). A 1-bedroom apartment averages €650 per month and a single person spends about €1,060 per month on rent plus essentials.

How much money do I need per month in Taiwan?

About €1,060 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €1,375 per month.

What is the average rent in Taiwan?

A 1-bedroom apartment averages €650 per month and a 3-bedroom apartment averages €950 per month in Taiwan. Prices vary significantly between city centres and smaller towns.

What do people earn in Taiwan?

Typical gross annual salaries in Taiwan range from €20,000 (Retail) to €52,000 (Finance), based on our sector dataset.

Which residence route has the lowest income requirement for Taiwan?

Among the 8 Taiwan residence routes we track, the lowest documented income requirement is €2,000 per month (Taiwan Employment Gold Card). Requirements change; always confirm on the official page before applying.

Ready for the next step? See the full Taiwan country profile and the Taiwan emigration guide.

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