The New Taiwan Dollar (NTD) is the official currency of Taiwan.
Average expenditure at different cities
- Taipei: NT$28,550
- New Taipei City: NT$22,419
- Taichung: NT$23,267
- Kaohsiung: NT$21,674
- Tainan: NT$19,536
(This is for reference only; the expenditure varies depends on your lifestyle).
Miscellaneous expenses
Food and transportation in Taiwan are fairly affordable. You can easily find a satisfying meal with a NT$40 to NT$100 budget. If you would like to dine in a good restaurant, the average cost would be NT$1,000 for two people.
If you plan to explore Taiwan using public transportation, train tickets and bus fares range NT$15 to NT$60. Cab fares start at NT$70.
For information on entertainment costs i.e., movie tickets, museums, KTV etc., visit Study in Taiwan’s website at https://www.studyintaiwan.org/stay/cost.