Cost of living in Taiwan compared to Italy
Currency:
| Food | - 18% | |||
|---|---|---|---|---|
| Food in Taiwan is 18% cheaper than in Italy | ||||
| Taiwan | Italy | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 196 NT$ (€5.73) | €17 | - 66% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 147 NT$ (€4.32) | €9 | - 54% | |
| 500 gr (1 lb.) of boneless chicken breast | 128 NT$ (€3.74) | €5.23 | - 29% | |
| 1 liter (1 qt.) of whole fat milk | 94 NT$ (€2.77) | €1.41 | + 96% | |
| 12 eggs, large | 122 NT$ (€3.57) | €3.80 | - 6% | |
| 1 kg (2 lb.) of tomatoes | 111 NT$ (€3.26) | €2.48 | + 31% | |
| 500 gr (16 oz.) of local cheese | 230 NT$ (€7) | €7 | + 3% | |
| 1 kg (2 lb.) of apples | 133 NT$ (€3.89) | €2.21 | + 76% | |
| 1 kg (2 lb.) of potatoes | 95 NT$ (€2.78) | €1.80 | + 55% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 49 NT$ (€1.43) | €1.54 | - 7% | |
| 1 bottle of red table wine, good quality | 436 NT$ (€13) | €7 | + 76% | |
| 2 liters of coca-cola | 61 NT$ (€1.78) | €2.21 | - 20% | |
| Bread for 2 people for 1 day | 55 NT$ (€1.60) | €1.30 | + 24% | |
| Housing | - 8% | |||
| Housing in Taiwan is 8% cheaper than in Italy | ||||
| Taiwan | Italy | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 46,160 NT$ (€1,354) | €1,184 | + 14% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 28,930 NT$ (€848) | €817 | + 4% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 1,512 NT$ (€44) | €159 | - 72% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 18,869 NT$ (€553) | €795 | - 30% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 13,302 NT$ (€390) | €666 | - 41% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 5,598 NT$ (€164) | €105 | + 56% | |
| Internet 8 mbps (1 month) | 753 NT$ (€22) | €22 | + 1% | |
| 40” flat screen tv | 14,757 NT$ (€433) | €285 | + 52% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 1,650 NT$ (€48) | €141 | - 66% | |
| Laundry detergent (3 l. ~ 100 oz.) | 99 NT$ (€2.90) | €6 | - 53% | |
| Hourly rate for cleaning help | 572 NT$ (€17) | €11 | + 52% | |
| Clothes | - 18% | |||
| Clothes in Taiwan is 18% cheaper than in Italy | ||||
| Taiwan | Italy | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 2,350 NT$ (€69) | €72 | - 4% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 972 NT$ (€29) | €37 | - 22% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 1,745 NT$ (€51) | €95 | - 46% | |
| 1 pair of men’s leather business shoes | 3,514 NT$ (€103) | €109 | - 6% | |
| Transportation | - 10% | |||
| Transportation in Taiwan is 10% cheaper than in Italy | ||||
| Taiwan | Italy | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 917,519 NT$ (€26,909) | €27,174 | - 1% | |
| 1 liter (1/4 gallon) of gas | 31 NT$ (€0.91) | €1.85 | - 51% | |
| Monthly ticket public transport | 1,292 NT$ (€38) | €37 | + 2% | |
| Personal Care | - 7% | |||
| Personal Care in Taiwan is 7% cheaper than in Italy | ||||
| Taiwan | Italy | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 244 NT$ (€7) | €7 | - 2% | |
| 1 box of antibiotics (12 doses) | 244 NT$ (€7) | €11 | - 37% | |
| Short visit to private doctor (15 minutes) | 699 NT$ (€21) | €86 | - 76% | |
| 1 box of 32 tampons (tampax, ob, ...) | 199 NT$ (€5.84) | €5.40 | + 8% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 183 NT$ (€5.37) | €3.72 | + 44% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 289 NT$ (€8) | €3.27 | + 159% | |
| 4 rolls of toilet paper | 100 NT$ (€2.93) | €2.38 | + 23% | |
| Tube of toothpaste | 69 NT$ (€2.03) | €2.45 | - 17% | |
| Standard men's haircut in expat area of the city | 800 NT$ (€23) | €18 | + 28% | |
| Entertainment | - 45% | |||
| Entertainment in Taiwan is 45% cheaper than in Italy | ||||
| Taiwan | Italy | Diff | ||
| Basic dinner out for two in neighborhood pub | 500 NT$ (€15) | €39 | - 63% | |
| 2 tickets to the movies | 644 NT$ (€19) | €17 | + 12% | |
| 2 tickets to the theater (best available seats) | 6,000 NT$ (€176) | €79 | + 124% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,243 NT$ (€36) | €78 | - 53% | |
| 1 cocktail drink in downtown club | 402 NT$ (€12) | €9 | + 34% | |
| Cappuccino in expat area of the city | 104 NT$ (€3.06) | €1.95 | + 57% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 74 NT$ (€2.16) | €4.88 | - 56% | |
| Ipad wi-fi 128gb | 8,016 NT$ (€235) | €686 | - 66% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 5.05 NT$ (€0.15) | €0.36 | - 59% | |
| 1 month of gym membership in business district | 1,192 NT$ (€35) | €62 | - 44% | |
| 1 package of marlboro cigarettes | 128 NT$ (€3.77) | €5.54 | - 32% | |
| TOTAL | - 17% | |||
These prices were last updated on September 20, 2023.
Exchange rate:
0.02933
EUR
/
TWD
This comparison is based on abundant and consistent data. It is based on 1,508 prices entered by 254 different people.
Cost of living in Taiwan is 17% cheaper than in Italy
Other Country Comparisons
- Cost of living in Netherlands Antilles is 36% more expensive than in Italy
- Cost of living in Albania is 19% cheaper than in Italy
- Cost of living in Armenia is 24% cheaper than in Italy
- Cost of living in Andorra is 5% more expensive than in Italy
- Cost of living in Antarctica is in Italy
- Cost of living in American Samoa is in Italy
- Cost of living in Antigua and Barbuda is 13% more expensive than in Italy
- Cost of living in United Arab Emirates is 14% more expensive than in Italy