Cost of living and prices in Taipei, prices of food, rent, shopping, etc. 🇹🇼
Updated Jul 2023

Taipei, Taiwan is a food lover's paradise. From street food to upscale restaurants, the city offers a wide array of dining options that cater to different taste buds. One of the most popular places to eat in Taipei is the night markets. They offer a variety of street food like stinky tofu, oyster omelets, crispy chicken, and bubble tea. These markets are not only a place to eat but also a great spot to immerse oneself in Taiwanese culture. For those looking for a high-end dining experience, Taipei has plenty of upscale restaurants that offer a fusion of traditional and modern cuisine.

Taiwan is also known for its tea culture, and tourists can experience it in the city's tea houses. These tea houses are not only places to enjoy tea but also offer a quiet and relaxing atmosphere to unwind. They serve a variety of teas like oolong, black, green, and floral teas. Visitors can also try freshly brewed tea with traditional Taiwanese snacks like pineapple cakes, mochi, and egg tarts. Another interesting eating option in Taipei is the vegetarian restaurants. Taiwan has a large Buddhist population, and many restaurants serve only vegetarian and vegan food. These restaurants are a great option for travelers who want to experience something unique and healthy while in Taipei.

Taipei, Taiwan is a bustling city with a diverse range of markets catering to all tastes and budgets. From high-end luxury goods to local street vendors, Taipei's markets have something for everyone. Prices can vary greatly depending on the location and the type of market, but generally speaking, Taipei offers excellent value for money.

One of the most famous markets in Taipei is the Shilin Night Market, which draws in crowds with its vast collection of food stalls serving up traditional Taiwanese dishes, as well as trendy boutiques and souvenir shops. While some stalls may be pricier than others, the overall cost is reasonable considering the high quality and variety on offer. For those seeking a more upscale shopping experience, Taipei's upmarket malls and department stores offer a wide range of luxury brands and designer labels, albeit at a much higher cost.

Taipei, the capital city of Taiwan, has an efficient and well-developed public transportation system that makes it easy to move around. The city's MRT (Mass Rapid Transit) system is one of the most comprehensive and extensive in Asia, connecting various parts of the city with its fast and reliable train service. In addition to the MRT, the city also has an extensive network of buses, with many routes covering major tourist attractions and popular areas throughout the city. For those who prefer a more eco-friendly option, Taipei also has a public bike-sharing system called YouBike, which allows tourists to rent a bike and explore the city at their own pace.

One of the things that makes Taipei unique is its extensive network of night markets, which offer a variety of street foods, snacks, and souvenirs for tourists to choose from. To travel from one night market to another, tourists can take advantage of Taipei's taxi services, which are readily available and affordable. The city also has a relatively new mode of transportation - the Ubike scooter - a fun and eco-friendly way to explore the city's streets and alleys. These electric scooters are available for rent at various locations throughout Taipei, making it easy for tourists to get around the city quickly and conveniently.

If you are planning to visit Taipei, it is important to note that utilities can be quite expensive. The humid weather in Taipei can cause high electricity bills due to constant use of air conditioning. Additionally, water and gas bills can also add up quickly. It is recommended to keep track of your usage and turn off appliances and lights when not in use to save on costs. Some accommodations offer utilities included in the rent, so be sure to check before booking.

Another thing to consider is that trash disposal in Taipei is not free. Each household is required to purchase special bags for their trash and recycling, which can add up over time. It is important to keep track of your waste and recycle properly to avoid additional fees. Additionally, some accommodations may charge an extra fee for disposal of large items, such as furniture. It is recommended to plan ahead and properly dispose of any waste during your stay to avoid any surprise costs.

If you're a sports enthusiast, Taipei has a lot to offer. From hiking trails to cycling routes, you can find plenty of ways to stay active and explore the city. For outdoor enthusiasts, Elephant Mountain is a great spot for hiking and taking in the stunning city views. If you prefer cycling, Taipei has a network of bike paths that take you through the city's parks and along its rivers. Taipei also has a number of swimming pools, public parks, and gyms where you can stay fit and active.

If you're looking for leisure activities, Taipei has a range of options for relaxing and having fun. You can spend a day at one of the city's many hot springs, or take in a performance at the National Theater and Concert Hall. Taipei also has a vibrant night market scene, where you can sample local cuisine, shop for souvenirs, and enjoy lively entertainment. For a more low-key activity, you can visit one of the city's many museums or galleries, such as the National Palace Museum, which houses a vast collection of Chinese art and artifacts.

When it comes to salaries in Taipei, Taiwan, they can vary greatly depending on the industry and level of experience. Generally, the highest paying jobs are in the technology and finance sectors, while lower paying jobs can be found in the service and hospitality industries. It's important to note that the cost of living in Taipei is relatively high, so it's important to budget accordingly depending on your income.

Financing in Taipei can be quite convenient, as there are numerous ATMs and banks throughout the city. Many banks offer online banking services, which can be helpful for travelers. Credit cards are widely accepted in Taipei, but it's always a good idea to carry some cash as well. In terms of currency exchange, it's best to avoid the airport and tourist areas, as they often charge higher fees. Instead, try to visit a local bank or exchange office for the best rates.

Childcare prices in Taipei, Taiwan can be quite high. Many families opt for schools or kindergartens, which offer a more structured learning environment for young children. These institutions can vary greatly in price and quality, with some being very expensive and exclusive, while others are more affordable and accessible to the general public.

Parents often feel the pressure to secure a spot in a reputable school or kindergarten for their child, as competition can be fierce. Some may even start the application process before their child is born. While prices may be a concern for some families, most consider quality of care and education to be the top priority when selecting a childcare provider for their child.

If you're looking for affordable clothing and shoes in Taipei, you're in luck! You can find a variety of options, from trendy streetwear to practical work attire, at countless department stores, shopping centers, and street markets throughout the city. Whether you're on a tight budget or just looking for a deal, there are plenty of places to shop around for the best prices.

If you're in the market for high-end designer clothing and shoes, Taipei also has plenty of options to choose from. You'll find upscale boutiques and high-end department stores in some of the city's top shopping districts, offering an array of luxury brands and designer labels. From high fashion to high street, Taipei's clothing and shoe scene offers something for everyone, no matter your budget or style.

If you're planning a short stay in Taipei, you'll find a variety of affordable options available. From budget-friendly hostels to comfortable guesthouses and luxurious hotels, there are plenty of places to choose from. Many short-term rentals allow you to stay by the day, week or even month, depending on your needs. Prices range from budget-friendly to high-end, and you'll need to consider a variety of factors, including location, amenities, and proximity to transportation and local attractions.

If you're looking for a more flexible rental option, then a furnished apartment or short-term rental may be the perfect solution. These rentals come fully furnished and equipped with all the amenities you need to feel at home during your stay. You'll save money on food by cooking your meals, and you can enjoy the comfort and privacy of your own space. These rentals are ideal for those who need a short-term solution, but don't want to commit to a long-term lease or pay high hotel fees.

If you are considering buying real estate in Taipei, Taiwan, you have several options to choose from. The city is home to a variety of properties that cater to different budgets and preferences. For instance, you can opt for a small apartment if you are looking for a single-person accommodation or a larger and more luxurious apartment if you have a family. The city also boasts of spacious, modern, and well-designed houses that offer the ultimate in comfort and opulence. Therefore, you can rest assured that you will find a property that suits your needs and budget.

As you explore the real estate market in Taipei, you will notice that the prices vary depending on various factors. The location, size, and condition of the property are some of the factors that influence the price of real estate in Taipei. Generally, properties located in the city center or near popular amenities such as schools, shopping malls, and hospitals tend to be pricier than those in the outskirts of the city. Additionally, newer and well-maintained properties may be more expensive than older and dilapidated ones. Therefore, you should research and compare different options to ensure that you get the best value for your money.