ATMs are widely available (except in villages), while credit cards are accepted at most midrange and top-end hotels and at top-end restaurants. Tipping is not customary in restaurants or taxis (but is still appreciated). Hotels It is usual to tip the porter at better hotels (NT$100 is considered
How to travel Taiwan on a budget? During our 1-month trip around Taiwan we spent approximately 2065 NT / €63 / $69 per day as a couple. In the infographic below you can find more detailed information about the costs of a trip to Taiwan.
If you’re looking to stretch your dollar as much as possible, aim to stay in dorm rooms in hostels. For some reason, private rooms in hostels and budget guesthouses in Taiwan are strangely expensive — often as much as $50 a night, whereas you’ll be able to grab a dorm bed for around $10 in most places.
If we were to average across the six nights we paid for accommodation rather than across the entire 18 days in Taiwan, then our costs for lodging increase to $12.64 USD per person. This is a far more realistic number for travelers to budget, but only if you are willing to stay in dorms.
The cost of living in Taiwan varies depending on the area and expats’ lifestyles. Most foreign nationals relocate to Taipei , although rural living and the south of Taiwan are much less expensive. The 2018 Mercer Cost of Living Survey ranked Taipei at 27 out of 209 cities, placing it as slightly more expensive than Paris and Milan, but a little cheaper than London and Dubai.
Expenses and the cost of living in Taiwan USD. I have been living in Taiwan, and working as a business English teacher, for the past 4 years. One of the questions I get asked the most, aside from ‘why did you chose to live in Taiwan’, is whether Taiwan is an affordable place to live.
Taipei Getting to Taipei. We took the TRA to Taipei which cost us 1747 TWD ($55.14).. Accomodation. We used Airbnb again for our week in Taipei and found a nice newly renovated townhouse in New Taipei City. Taipei is more expensive when it comes to lodging so Airbnb was a great option.
Your money in Taiwan will take you much further than it would in countries like Japan, Hong Kong, or Singapore. This is what you should expect to pay for the following items in Taiwan. At the time of writing, you could get 32NT$ for 1US$.
Cost of living in Taiwan is 15.37% lower than in United States (aggregate data for all cities, rent is not taken into account). Rent in Taiwan is 41.95% lower than in United States (average data for all cities).
This is especially true if you are new to Taiwan and want to do some touristy things (like a food tour in Taipei) for the first few months as your costs could be considerably higher. If you have any questions about cost of living, or how much to budget, don’t hesitate to email us or leave a comment below.