Cost of Living in Taiwan
The New Taiwan Dollar (NTD) is the official currency of Taiwan. Compared with many Western countries and major Asian cities, Taiwan offers a relatively affordable cost of living for international students.
Estimated Monthly Living Expenses by City
(Average student expenditure — for reference only; actual costs vary depending on lifestyle and accommodation choices.)
Taipei — approximately NT$28,000–30,000
New Taipei City — approximately NT$22,000–24,000
Taichung — approximately NT$23,000–25,000
Kaohsiung — approximately NT$21,000–23,000
Tainan — approximately NT$19,000–21,000
Major cities generally have higher accommodation costs, while central and southern Taiwan offer more affordable living options.
Daily Expenses
Food
Taiwan offers a wide range of affordable dining options.
Local meals and campus dining: approximately NT$60–150 per meal
Budget meals and street food: around NT$40–100
Mid-range restaurant dining: about NT$1,000 for two people
Students can enjoy nutritious and affordable food through night markets, university cafeterias, and local restaurants.
Transportation
Taiwan’s public transportation system is safe, efficient, and affordable.
Bus and metro fares: approximately NT$15–60 per trip
Taxi fares: starting from about NT$70
Train fares vary depending on distance and service type
Students also benefit from convenient transport networks connecting cities across Taiwan.
Entertainment and Lifestyle
For more information on entertainment costs (e.g., movie tickets, museums, karaoke/KTV, and leisure activities), visit the official Study in Taiwan website: https://www.studyintaiwan.org/plain-your-study/living-in-taiwan