Cost of living in Taipei (Taiwan) is 41% cheaper than in Gwangju (South Korea)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 121 prices entered by 23 different people.
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Currency:
| Food | + 3% | |||
|---|---|---|---|---|
| Food in Taipei (Taiwan) is about the same as in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Taipei | Gwangju | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 198 NT$ (₩8,348) | ₩9,317 | - 10% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 149 NT$ (₩6,286) | ₩6,285 | + 0% | |
| 500 gr (1 lb.) of boneless chicken breast | 131 NT$ (₩5,518) | ₩4,508 | + 22% | |
| 1 liter (1 qt.) of whole fat milk | 95 NT$ (₩4,006) | ₩2,493 | + 61% | |
| 12 eggs, large | 121 NT$ (₩5,095) | ₩4,277 | + 19% | |
| 1 kg (2 lb.) of tomatoes | 112 NT$ (₩4,698) | ₩3,000 | + 57% | |
| 500 gr (16 oz.) of local cheese | 241 NT$ (₩10,136) | ₩7,161 | + 42% | |
| 1 kg (2 lb.) of apples | 142 NT$ (₩5,981) | ₩6,693 | - 11% | |
| 1 kg (2 lb.) of potatoes | 95 NT$ (₩4,012) | ₩4,487 | - 11% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 49 NT$ (₩2,045) | ₩1,756 | + 16% | |
| 1 bottle of red table wine, good quality | 436 NT$ (₩18,325) | ₩20,000 | - 8% | |
| 2 liters of coca-cola | 55 NT$ (₩2,319) | ₩2,398 | - 3% | |
| Bread for 2 people for 1 day | 58 NT$ (₩2,452) | ₩3,008 | - 19% | |
| Housing | + 73% | |||
| Housing in Taipei (Taiwan) is 73% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Taipei | Gwangju | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 45,531 NT$ (₩1,915,737) | ₩598,305 | + 220% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 30,970 NT$ (₩1,303,065) | ₩397,436 | + 228% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 2,320 NT$ (₩97,624) | ₩90,769 | + 8% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 19,964 NT$ (₩840,003) | ₩611,223 | + 37% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 13,713 NT$ (₩576,967) | ₩313,685 | + 84% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 1,979 NT$ (₩83,275) | ₩50,000 | + 67% | |
| Internet 8 mbps (1 month) | 765 NT$ (₩32,169) | ₩25,000 | + 29% | |
| 40” flat screen tv | 17,450 NT$ (₩734,214) | - | - | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 4,363 NT$ (₩183,568) | - | - | |
| Laundry detergent (3 l. ~ 100 oz.) | 201 NT$ (₩8,465) | ₩10,513 | - 19% | |
| Hourly rate for cleaning help | 502 NT$ (₩21,132) | - | - | |
| Clothes | + 21% | |||
| Clothes in Taipei (Taiwan) is 21% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Taipei | Gwangju | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 2,404 NT$ (₩101,137) | - | - | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 986 NT$ (₩41,470) | ₩27,832 | + 49% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 1,900 NT$ (₩79,934) | ₩92,308 | - 13% | |
| 1 pair of men’s leather business shoes | 3,604 NT$ (₩151,649) | ₩80,000 | + 90% | |
| Transportation | - 75% | |||
| Transportation in Taipei (Taiwan) is 75% cheaper than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Taipei | Gwangju | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 939,950 NT$ (₩39,548,456) | - | - | |
| 1 liter (1/4 gallon) of gas | 31 NT$ (₩1,312) | ₩1,446 | - 9% | |
| Monthly ticket public transport | 1,308 NT$ (₩55,017) | ₩366,667 | - 85% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 278 NT$ (₩11,696) | ₩10,786 | + 8% | |
| Personal Care | - 3% | |||
| Personal Care in Taipei (Taiwan) is about the same as in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Taipei | Gwangju | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 264 NT$ (₩11,101) | ₩10,000 | + 11% | |
| 1 box of antibiotics (12 doses) | 237 NT$ (₩9,969) | - | - | |
| Short visit to private doctor (15 minutes) | 1,063 NT$ (₩44,709) | ₩50,000 | - 11% | |
| 1 box of 32 tampons (tampax, ob, ...) | 327 NT$ (₩13,756) | - | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 199 NT$ (₩8,376) | ₩11,250 | - 26% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 256 NT$ (₩10,784) | ₩5,000 | + 116% | |
| 4 rolls of toilet paper | 61 NT$ (₩2,549) | ₩5,300 | - 52% | |
| Tube of toothpaste | 88 NT$ (₩3,698) | ₩2,000 | + 85% | |
| Standard men's haircut in expat area of the city | 612 NT$ (₩25,738) | ₩12,025 | + 114% | |
| Entertainment | + 21% | |||
| Entertainment in Taipei (Taiwan) is 21% more expensive than in Gwangju (South Korea) | ||||
| Update prices | Update prices | |||
| Taipei | Gwangju | Diff | ||
| Basic dinner out for two in neighborhood pub | 1,044 NT$ (₩43,943) | ₩26,164 | + 68% | |
| 2 tickets to the movies | 643 NT$ (₩27,047) | ₩17,828 | + 52% | |
| 2 tickets to the theater (best available seats) | 4,123 NT$ (₩173,457) | - | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,238 NT$ (₩52,091) | ₩40,000 | + 30% | |
| 1 cocktail drink in downtown club | 422 NT$ (₩17,748) | ₩7,000 | + 154% | |
| Cappuccino in expat area of the city | 104 NT$ (₩4,372) | ₩4,435 | - 1% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 74 NT$ (₩3,100) | ₩3,380 | - 8% | |
| Ipad wi-fi 128gb | 12,962 NT$ (₩545,385) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 5.13 NT$ (₩216) | - | - | |
| 1 month of gym membership in business district | 1,195 NT$ (₩50,267) | ₩42,000 | + 20% | |
| 1 package of marlboro cigarettes | 128 NT$ (₩5,403) | ₩3,144 | + 72% | |
 |
TOTAL | - 41% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 121 prices entered by 23 different people.
These prices were last updated on October 03, 2023.
Exchange rate:
42.075
KRW
/
TWD
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For example, to keep the same standard of living that would require ₩1,660,000 in Gwangju you would need to make just about ₩980,204 (23,297 NT$) in Taipei.
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