Cost of Living Comparison Between Taiwan and South Korea 
| Indices Difference |  |
|---|---|
| Cost of Living in South Korea is 32.5% higher than in Taiwan (excluding rent) | |
| Cost of Living Including Rent in South Korea is 30.2% higher than in Taiwan | |
| Rent Prices in South Korea are 20.5% higher than in Taiwan | |
| Restaurant Prices in South Korea are 36.7% higher than in Taiwan | |
| Groceries Prices in South Korea are 32.8% higher than in Taiwan | |
| Local Purchasing Power in South Korea is 2.0% higher than in Taiwan | |
Restaurants | Taiwan Edit |
South Korea Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
150.00 NT$ (6,596.60 ₩) |
227.39 NT$ (10,000.00 ₩) |
+51.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,000.00 NT$ (43,977.36 ₩) |
1,364.34 NT$ (60,000.00 ₩) |
+36.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
160.00 NT$ (7,036.38 ₩) |
181.91 NT$ (8,000.00 ₩) |
+13.7 % |
| Domestic Beer (1 pint draught) |
60.00 NT$ (2,638.64 ₩) |
113.69 NT$ (5,000.00 ₩) |
+89.5 % |
| Imported Beer (12 oz small bottle) |
82.69 NT$ (3,636.33 ₩) |
159.17 NT$ (7,000.00 ₩) |
+92.5 % |
| Cappuccino (regular) |
93.11 NT$ (4,094.59 ₩) |
114.43 NT$ (5,032.19 ₩) |
+22.9 % |
| Coke/Pepsi (12 oz small bottle) |
31.48 NT$ (1,384.62 ₩) |
48.84 NT$ (2,147.72 ₩) |
+55.1 % |
| Water (12 oz small bottle) |
21.29 NT$ (936.27 ₩) |
24.41 NT$ (1,073.35 ₩) |
+14.6 % |
Markets | Taiwan Edit |
South Korea Edit | |
| Milk (regular), (1 gallon) |
363.30 NT$ (15,977.13 ₩) |
256.84 NT$ (11,295.22 ₩) |
-29.3 % |
| Loaf of Fresh White Bread (1 lb) |
52.17 NT$ (2,294.25 ₩) |
87.16 NT$ (3,833.14 ₩) |
+67.1 % |
| Rice (white), (1 lb) |
42.72 NT$ (1,878.75 ₩) |
42.51 NT$ (1,869.42 ₩) |
-0.5 % |
| Eggs (regular) (12) |
87.62 NT$ (3,853.13 ₩) |
96.85 NT$ (4,259.03 ₩) |
+10.5 % |
| Local Cheese (1 lb) |
228.43 NT$ (10,045.68 ₩) |
193.65 NT$ (8,516.43 ₩) |
-15.2 % |
| Chicken Fillets (1 lb) |
122.75 NT$ (5,398.22 ₩) |
130.03 NT$ (5,718.33 ₩) |
+5.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
282.43 NT$ (12,420.40 ₩) |
424.96 NT$ (18,688.68 ₩) |
+50.5 % |
| Apples (1 lb) |
64.07 NT$ (2,817.58 ₩) |
110.07 NT$ (4,840.53 ₩) |
+71.8 % |
| Banana (1 lb) |
33.56 NT$ (1,475.68 ₩) |
48.55 NT$ (2,135.18 ₩) |
+44.7 % |
| Oranges (1 lb) |
38.24 NT$ (1,681.71 ₩) |
83.08 NT$ (3,653.69 ₩) |
+117.3 % |
| Tomato (1 lb) |
49.48 NT$ (2,175.89 ₩) |
86.23 NT$ (3,792.32 ₩) |
+74.3 % |
| Potato (1 lb) |
37.98 NT$ (1,670.35 ₩) |
54.26 NT$ (2,386.40 ₩) |
+42.9 % |
| Onion (1 lb) |
30.64 NT$ (1,347.47 ₩) |
40.87 NT$ (1,797.15 ₩) |
+33.4 % |
| Lettuce (1 head) |
62.31 NT$ (2,740.25 ₩) |
76.72 NT$ (3,373.78 ₩) |
+23.1 % |
| Water (1.5 liter bottle) |
37.41 NT$ (1,645.27 ₩) |
36.76 NT$ (1,616.44 ₩) |
-1.8 % |
| Bottle of Wine (Mid-Range) |
400.00 NT$ (17,590.94 ₩) |
568.47 NT$ (25,000.00 ₩) |
+42.1 % |
| Domestic Beer (0.5 liter bottle) |
51.60 NT$ (2,269.37 ₩) |
67.59 NT$ (2,972.42 ₩) |
+31.0 % |
| Imported Beer (12 oz small bottle) |
69.81 NT$ (3,069.99 ₩) |
92.07 NT$ (4,048.91 ₩) |
+31.9 % |
| Cigarettes 20 Pack (Marlboro) |
120.00 NT$ (5,277.28 ₩) |
102.33 NT$ (4,500.00 ₩) |
-14.7 % |
Transportation | Taiwan Edit |
South Korea Edit | |
| One-way Ticket (Local Transport) |
25.00 NT$ (1,099.43 ₩) |
34.11 NT$ (1,500.00 ₩) |
+36.4 % |
| Monthly Pass (Regular Price) |
1,200.00 NT$ (52,772.83 ₩) |
1,478.03 NT$ (65,000.00 ₩) |
+23.2 % |
| Taxi Start (Normal Tariff) |
90.00 NT$ (3,957.96 ₩) |
102.33 NT$ (4,500.00 ₩) |
+13.7 % |
| Taxi 1 mile (Normal Tariff) |
40.23 NT$ (1,769.37 ₩) |
30.66 NT$ (1,348.40 ₩) |
-23.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
300.00 NT$ (13,193.21 ₩) |
272.87 NT$ (12,000.00 ₩) |
-9.0 % |
| Gasoline (1 gallon) |
116.58 NT$ (5,126.85 ₩) |
142.51 NT$ (6,267.07 ₩) |
+22.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,100,000.00 NT$ (48,375,098.28 ₩) |
857,964.15 NT$ (37,731,000.00 ₩) |
-22.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
787,142.86 NT$ (34,616,466.43 ₩) |
726,986.91 NT$ (31,970,966.66 ₩) |
-7.6 % |
Utilities (Monthly) | Taiwan Edit |
South Korea Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
2,483.74 NT$ (109,228.54 ₩) |
5,232.53 NT$ (230,112.78 ₩) |
+110.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
727.59 NT$ (31,997.27 ₩) |
1,251.14 NT$ (55,021.84 ₩) |
+72.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
707.23 NT$ (31,101.95 ₩) |
671.25 NT$ (29,519.89 ₩) |
-5.1 % |
Sports And Leisure | Taiwan Edit |
South Korea Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,161.61 NT$ (51,084.59 ₩) |
1,604.34 NT$ (70,554.84 ₩) |
+38.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
350.00 NT$ (15,392.08 ₩) |
649.77 NT$ (28,575.00 ₩) |
+85.6 % |
| Cinema, International Release, 1 Seat |
320.00 NT$ (14,072.76 ₩) |
341.08 NT$ (15,000.00 ₩) |
+6.6 % |
Childcare | Taiwan Edit |
South Korea Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
17,115.13 NT$ (752,678.34 ₩) |
12,299.26 NT$ (540,889.12 ₩) |
-28.1 % |
| International Primary School, Yearly for 1 Child |
488,461.54 NT$ (21,481,249.94 ₩) |
691,861.83 NT$ (30,426,258.35 ₩) |
+41.6 % |
Clothing And Shoes | Taiwan Edit |
South Korea Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
2,008.15 NT$ (88,313.14 ₩) |
1,816.20 NT$ (79,871.69 ₩) |
-9.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
973.22 NT$ (42,799.75 ₩) |
1,535.76 NT$ (67,538.70 ₩) |
+57.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,697.46 NT$ (118,627.29 ₩) |
2,585.04 NT$ (113,683.10 ₩) |
-4.2 % |
| 1 Pair of Men Leather Business Shoes |
3,432.44 NT$ (150,949.85 ₩) |
3,421.18 NT$ (150,454.55 ₩) |
-0.3 % |
Rent Per Month | Taiwan Edit |
South Korea Edit | |
| Apartment (1 bedroom) in City Centre |
15,601.17 NT$ (686,098.20 ₩) |
18,367.47 NT$ (807,752.98 ₩) |
+17.7 % |
| Apartment (1 bedroom) Outside of Centre |
10,822.14 NT$ (475,929.37 ₩) |
11,566.39 NT$ (508,659.22 ₩) |
+6.9 % |
| Apartment (3 bedrooms) in City Centre |
37,235.66 NT$ (1,637,526.13 ₩) |
49,161.61 NT$ (2,161,998.06 ₩) |
+32.0 % |
| Apartment (3 bedrooms) Outside of Centre |
26,749.39 NT$ (1,176,367.72 ₩) |
29,877.81 NT$ (1,313,947.31 ₩) |
+11.7 % |
Buy Apartment Price | Taiwan Edit |
South Korea Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
27,583.47 NT$ (1,213,048.20 ₩) |
39,157.37 NT$ (1,722,037.79 ₩) |
+42.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
17,304.48 NT$ (761,005.32 ₩) |
26,163.03 NT$ (1,150,581.21 ₩) |
+51.2 % |
Salaries And Financing | Taiwan Edit |
South Korea Edit | |
| Average Monthly Net Salary (After Tax) |
52,740.75 NT$ (2,319,399.21 ₩) |
70,040.69 NT$ (3,080,204.82 ₩) |
+32.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.11 | 4.50 | +113.5 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 355 | 312 |
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