Cost Of Living For a Student in Taiwan 2025

Average Monthly Expenditure
Currency: TWD
Average monthly spending for students in Taiwan
How much money does a student need in a month to survive in Taiwan?
Students in Taiwan spend around 29,000 TWD per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 4,400 TWD or as high as 190,000 TWD. Location is a very important factor and has a huge influence on expenditure and budget.

How do students spend their money in Taiwan?
We asked thousands of students about their spending habits and expenditure break down.
Housing and accomodation expenditure for students
Accomodation Cost21%
21% of total expenses on average (16% to 27%)
LOW | $33 1,100 TWD |
AVERAGE | $220 6,900 TWD |
HIGH | $1,500 46,000 TWD |
| Per Month |
Students in Taiwan typically spend from 16% to 27% of their total monthly expenditure on housing with 21% being the average. The average monthly spend on housing is 6,900 TWD with expenditure ranging from 1,100 TWD to 46,000 TWD. This cost mainly goes for rent but it also includes other accommodation-related expenses.
Electricity, utilities, energy, water, internet, and mobile expenditure for students
Cost of utilities5%
5% of total expenses on average (3% to 9%)
LOW | $5.6 180 TWD |
AVERAGE | $36 1,100 TWD |
HIGH | $240 7,700 TWD |
| Per Month |
Utility expenditure like electricity, water, and gas in Taiwan ranges from 3% to 9% of total expenses with 5% being the average for most students. The average monthly cost of utilities is 1,100 TWD with 180 TWD and 7,700 TWD being the upper and lower limits for a student of four.
Transport, fuel, and commute expenditure for students
Cost of transport and fuel5%
5% of total expenses on average (5% to 11%)
LOW | $9.7 310 TWD |
AVERAGE | $64 2,000 TWD |
HIGH | $420 13,000 TWD |
| Per Month |
Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 310 TWD to 13,000 TWD in a month on commuting with 2,000 TWD being the norm for most students. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 5% or as high as 11%.
Food, groceries, and basic shopping expenditure for students
Food and Groceries Cost22%
22% of total expenses on average (16% to 26%)
LOW | $28 880 TWD |
AVERAGE | $180 5,700 TWD |
HIGH | $1,200 38,000 TWD |
| Per Month |
The average outlay on groceries and basic houshold items for a typical student in a month in Taiwan is 5,700 TWD. The cost of groceries can range between 880 TWD to 38,000 TWD. Students spend on average about 22% on food and groceries with upper and lower bounds of 16% and 26% respectively.
Healthcare and medical services expenditure for students
Cost of healthcare8%
8% of total expenses on average (5% to 11%)
LOW | $8.3 260 TWD |
AVERAGE | $55 1,700 TWD |
HIGH | $360 11,000 TWD |
| Per Month |
Students in Taiwan allocate 5% to 11% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 8%. The range of medical expenses range from 260 TWD to 11,000 TWD with 1,700 TWD being the norm for most students.
Leisure and shopping expenditure for students
Cost of leisure and shopping4%
4% of total expenses on average (2% to 8%)
LOW | $7 220 TWD |
AVERAGE | $45 1,400 TWD |
HIGH | $300 9,600 TWD |
| Per Month |
This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 220 TWD to 9,600 TWD with 1,400 TWD being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most students.
Education and schooling expenditure for students
Cost of education and schooling19%
19% of total expenses on average (12% to 24%)
LOW | $26 830 TWD |
AVERAGE | $170 5,500 TWD |
HIGH | $1,200 36,000 TWD |
| Per Month |
Spending on education can vary drastically between different students. On average, education constitutes 19% of the monthly expenditure of students with 12% and 24% being the lower and upper bounds respectively. The average reported education cost is 5,500 TWD per month with 830 TWD being the minimum spent amount and 36,000 TWD being the maximum.
Other Expenses17%
17% of total expenses on average (11% to 23%)
LOW | $21 660 TWD |
AVERAGE | $140 4,300 TWD |
HIGH | $910 29,000 TWD |
| Per Month |
Prices and cost of goods and services in Taiwan

Dining, food, and beverages costs
Fast food combo meal
Restaurant meal for one
Fine dining meal for one
400 TWD | 600 TWD | 2,400 TWD |
Cappuccino or latte
Grocery and market costs
Milk large bottle
12 eggs
Fresh whole chicken
Pack of beef
Medium bag of rice
Bag of tomatos
Bag of apples

Commute, travel, and transportation costs
20 minutes taxi ride
Average car full tank
Average car 1-day rental
Average car price
150,000 TWD | 300,000 TWD | 400,000 TWD |
Bus ticket one way
Car Service
400 TWD | 600 TWD | 1,200 TWD |

Utility cost (monthly)
Utility Bill - Student
180 TWD | 1,100 TWD | 7,700 TWD |
Internet and cable
Mobile phone charges
240 TWD | 400 TWD | 1,200 TWD |
Leisure and activities costs
Movie ticket
One month gym membership
480 TWD | 600 TWD | 1,200 TWD |

Cloths and accessories costs
Pair of jeans or pants
Woman dress
330 TWD | 460 TWD | 1,500 TWD |
Woman shoes
320 TWD | 430 TWD | 1,000 TWD |
Men's shoes
Men suit
300 TWD | 380 TWD | 2,000 TWD |
Regular t-shirt

Housing costs / monthly rent
Studio apartment
5,000 TWD | 7,500 TWD | 20,000 TWD |
1-bedroom apartment
7,500 TWD | 12,000 TWD | 30,000 TWD |
2-bedroom apartment
10,000 TWD | 15,000 TWD | 40,000 TWD |
Housing costs / Buying
Studio apartment
1,000,000 TWD | 1.5M TWD | 3M TWD |
1-bedroom apartment
2-bedroom apartment
$63,000 | $190,000 | $380,000 |

Furniture Costs
King Size Bed
6,000 TWD | 7,500 TWD | 10,000 TWD |
Double Bed
4,000 TWD | 6,000 TWD | 7,500 TWD |
Single Bed
3,500 TWD | 4,600 TWD | 6,000 TWD |
Living Room
6,700 TWD | 8,600 TWD | 30,000 TWD |
Dining Table
3,000 TWD | 4,000 TWD | 7,500 TWD |
Sofa or Couch
4,000 TWD | 5,500 TWD | 12,000 TWD |

Electronics and House Appliance Costs
TV Set
4,000 TWD | 6,000 TWD | 12,000 TWD |
Fridge or Freezer
3,500 TWD | 5,500 TWD | 7,500 TWD |
Washing Machine
4,600 TWD | 6,700 TWD | 12,000 TWD |
Stove or Cooker
4,300 TWD | 5,500 TWD | 7,500 TWD |
Mobile Phone
5,000 TWD | 6,000 TWD | 8,600 TWD |
Laptop or Computer
5,500 TWD | 6,700 TWD | 12,000 TWD |

A typical and healthy budgeting structure
The 50/30/20 rule
Spending among different people can vary significantly based on factors such as their income, lifestyle,
location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule,
which suggests allocating your income into three main categories in the following percentages.
50% for needs and financial obligations
This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.
30% for wants and discretionary spending
This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.
20% for savings and emergency fund
This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.
About financial planning, money management, and household budgeting
The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Affordable living in Taiwan
Income and cost of living compatibility
We asked students one simple question and recorded their answers.
Is it affordable or economical to live in Taiwan?
Around 67% of surveyed students think that living in Taiwan is affordable with proper budgeting while 33% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Taiwan
People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked students how easily cost-cutting is and the answers were distributed as follows:
Plenty of low-cost options59%
Few low-cost options41%
Based on the survey, 59% of the students living in Taiwan have no problem finding low-cost alternatives to support a frugal lifestyle while 41% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Financial Literacy in
Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.
Financial Leteracy62%
We asked student guardians and parents in Taiwan whether they acquired any adequate personal financial training in their lives. Approximately 38% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 62% said that they know about the general principles of personal finance from sources other than their own experience.
Difficulty in Budgeting and Financial Planning
We wanted to understand whether students of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 35% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 65% said that they have everything under control.
Struggles with finance35%
Easily manages finances65%
Emergency Funds For Students
An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked students whether they have an emergency fund and the answers were as follows.
Yes65%
No35%
Based on the survey, 35% of the students living in Taiwan said that they don't have an emergency fund while 65% said that they do.
Monthly costs and expenses of energy and basic utilities in Taiwan
Utilities expenditure can vary slightly between different areas and locations.
Energy, electricity, water, gas, internet, and mobile cost in Taiwan
Utility Bill Cost / Electricity + Water + Gas / Student
180 TWD | 1,100 TWD | 7,700 TWD |
Internet and cable cost
Mobile phone bill and charges
240 TWD | 400 TWD | 1,200 TWD |
Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.
The average monthly energy and water consumption of students is around 1,100 TWD. The cost of internet and WiFi ranges from 300 TWD to 800 TWD with 600 TWD being the average internet bill. Finally, the average monthly mobile charges is around 400 TWD but can range between 240 TWD and 1,200 TWD depending on consumption. Mobile charges include both calling minutes as well as data packages.
Energy / Utility expense to income ratio
( monthly utility expenses / monthly income ) x 100
The average utility-to-income ratio in Taiwan is around 5%. This means that people pay 5% of their income for energy, water, internet, and mobile charges. Those figures can range from 2% to 9% depending on salary and location.

Housing costs, accommodation, and housing affordability in Taiwan
Rental costs and house/apartment prices can vary drastically between different areas and locations.
Rent Cost in Taiwan
Monthly Rent Prices
Studio apartment monthly rent cost
5,000 TWD | 7,500 TWD | 20,000 TWD |
1-bedroom apartment monthly rent cost
7,500 TWD | 12,000 TWD | 30,000 TWD |
2-bedroom apartment monthly rent cost
10,000 TWD | 15,000 TWD | 40,000 TWD |
3-bedroom apartment monthly rent cost
12,000 TWD | 20,000 TWD | 55,000 TWD |
Furnished apartment monthly rent cost
24,000 TWD | 60,000 TWD | 120,000 TWD |
Townhouse monthly rent cost
20,000 TWD | 30,000 TWD | 86,000 TWD |
House monthly rent cost
24,000 TWD | 60,000 TWD | 120,000 TWD |
Villa monthly rent cost
30,000 TWD | 75,000 TWD | 120,000 TWD |
The monthly rental cost of a studio apartment in Taiwan ranges between 5,000 TWD and 20,000 TWD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 7,500 TWD to 30,000 TWD. Two-bedroom rentals rate ranges between 10,000 TWD and 40,000 TWD per month. The monthly rental for a three-bedroom apartment ranges from 12,000 TWD to 55,000 TWD. The average rent of a townhouse in Taiwan is around 30,000 TWD while house rental costs can be as high as 60,000 TWD per month. Finally, if you want to rent a villa, expect to pay anywhere from 30,000 TWD to 120,000 TWD per month.
Apartment and house prices in Taiwan
Cost of buying a property
Studio apartment price
1,000,000 TWD | 1.5M TWD | 3M TWD |
1-bedroom apartment price
2-bedroom apartment price
$63,000 | $190,000 | $380,000 |
3-bedroom apartment price
$210,000 | $320,000 | $950,000 |
Townhouse price
House price
Villa price
The average price of a studio apartment in Taiwan can range from 1,000,000 TWD to 3M TWD depending on location. One bedroom cost can be anywhere from 1.2M TWD to 7.5M TWD. A villa can cost you 67M TWD on average with prices ranging from 12M TWD to 100M TWD.
If you're leasing or purchasing, housing costs in Taiwan will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.
House / apartment prices to income ratio
Property price to income ratio
( average property price / average monthly income ) x 100
40 | x116 monthly income | 209 |
Property prices in Taiwan can be x116 to x209 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x116 multiples of the average monthly salary in Taiwan.
Rent to income ratio
Rent to income ratio
( monthly rental / monthly income ) x 100
The average rent-to-income ratio in Taiwan is around 32%. This means that people pay 32% of their income for rent. Those figures can range from 22% to 42% depending on the salary, location, and type of property.
The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.
Housing affordability index
The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.
Housing Affordability Index
30% Property Taxes
Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.
Home Maintenance Costs
Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.
88 TWD | 1,100 TWD | 11,000 TWD |
Urban vs. rural living costs
Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.
Food Prices, Dining Expenses, and Grocery Costs in Taiwan
Grocery / Food expenditure and prices can vary drastically between different areas and locations.
Prices and cost of goods and services in Taiwan
Dining out, food, and beverages costs. Price variations for common food items.
Fast food combo meal price
The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Taiwan is approximatly 120 TWD with meal cost ranging from 60 TWD to 200 TWD. The typical combo meal consists of a burger, french fries, and a drink.
Restaurant meal for one price
If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 200 TWD and 600 TWD with 300 TWD being the average price of a plate for one person at a regular restaurant in Taiwan.
Fine dining meal for one price
400 TWD | 600 TWD | 2,400 TWD |
The price range of a meal at fine-dining restaurant is 400 TWD to 2,400 TWD with the average cost being 600 TWD for one person. This is what you would expect to pay a top-tier diner in Taiwan.
Beverage prices, cappuccino, latte etc..
The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Taiwan is around 80 TWD. Price ranges between 50 TWD and 120 TWD depending on the type of beverage, the size, and optional add-ons.
Grocery and market costs
Large bottle of milk price
The average price of a large bottle of milk in Taiwan is 48 TWD. The maximum what you would pay for milk is 60 TWD and the minimum being 40 TWD depending on the brand of milk and other properties.
12 eggs price
A dozen eggs costs around 40 TWD on average with 30 TWD and 60 TWD being the lower and upper limits respectively.
Fresh whole chicken price
The price range of a fresh whole chicken in Taiwan is between 68 TWD and 130 TWD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 88 TWD.
Pack of beef price
The price of a regular pack of beef or meat is around 120 TWD. A pack of beef contains around 1Kg or 1lb depending on packing.
Medium bag of rice price
A bag of rice in Taiwan costs around 44 TWD on average with prices rangeing between 32 TWD and 63 TWD depending on the brand and quality.
Bag of tomatos price
A bag of tomatoes costs anywhere from 12 TWD to 30 TWD. A bag of tomatoes denotes 1Kg or 1lb depending on location.
Bag of apples price
A bag of apples costs 28 TWD on average. A bag of apples denotes 1Kg or 1lb depending on location.
Expenditure on food and grocery for students
Students' spending on grocery ranges from 880 TWD to 38,000 TWD with the location, income, and size of the student being the most determinite factors.