Cost of Living in New Taipei vs Seoul

Cost of living in New Taipei is 24% lower than in Seoul (without rent).

Rent in New Taipei is 31% cheaper than in Seoul.

Cost of living including rent in New Taipei is 27% lower than in Seoul.

Food in New Taipei is 30% cheaper than in Seoul.

Transport in New Taipei is 23% cheaper than in Seoul.

New Taipei vs. Seoul Comparision

New Taipei Seoul
Cost of Living, including rent
1,060 $
1,461 $
Without Rent
596 $
785 $
Rent & Utilities
464 $
677 $
Food
370 $
526 $
Transport
119 $
155 $
Monthly Salary, after tax
1,661 $
2,981 $
Quality of Life
87
94
Population
4.0M
9.7M

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New Taipei Seoul

Restaurants

Lunch menu,
inexpensive restaurant
4.67 $ 7.68 $
Dinner, for 2 31.2 $ 40.5 $
Fast food, McDonalds or KFC 5.2 $ 5.99 $
Beer, 0.5 L or 16 fl oz 2.49 $ 3.79 $
Capuccino 2.85 $ 3.91 $
Coke, 330ml 0.99 $ 1.63 $

Markets

Milk, 1 L or 1 qt 2.93 $ 2.29 $
Bread, 0.5 kg or 1 lb 1.9 $ 3.23 $
Rice, 1 kg or 2 lb 3 $ 3.3 $
Eggs, 12 pack 2.85 $ 3.68 $
Cheese, 1 kg or 2 lb 16.6 $ 13.3 $
Chicken Breast, 1 kg or 2 lb 8.01 $ 9.23 $
Round Steak, 1 kg or 2 lb 17.4 $ 38.3 $
Apples, 1 kg or 2 lb 4.54 $ 7.91 $
Banana, 1 kg or 2 lb 1.59 $ 3.75 $
Oranges, 1 kg or 2 lb 1.42 $ 5.86 $
Potatoes, 1 kg or 2 lb 2.76 $ 4.03 $
Onions, 1 kg or 2 lb 1.33 $ 3.25 $
Water, 1 L or 1 qt 0.65 $ 0.9 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.77 $ 2.43 $
Wine, 750 mL bottle 11.9 $ 22.4 $
Beer, 0.5 L or 16 fl oz 1.36 $ 2.76 $
Cigarette pack 3.8 $ 3.42 $

Transport

Local transport ticket, One-way Ticket 0.71 $ 1.14 $
Monthly pass, Monthly Ticket 37.3 $ 47.5 $
Gas or petrol, 1 L or 0.26 gal 0.97 $ 1.27 $
Taxi, 8 km 8.92 $ 9.05 $

Personal Care

Doctor visit, private clinic 36.5 $ 25.1 $
Cold medicine, for 1 week 9.54 $ 5.05 $
Hair shampoo, 400 ml or 12 oz 7.87 $ 5.98 $
Toilet paper, 4 rolls 1.67 $ 2.35 $
Toothpaste, 1 tube 2.71 $ 3.13 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
54.3 $ 120 $
Utility bill - family,
electricity, heating, water & garbage
83.7 $ 184 $
Internet plan,
+60 Mbps
24.4 $ 23.4 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 361 $ 460 $
3 Bedroom Apartment, outside of center, 85 sq.m 890 $ 1,348 $
1 Bedroom Apartment, in city center, 40 sq.m 483 $ 827 $
3 Bedroom Apartment, in city center, 85 sq.m 1,333 $ 2,513 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 9,578 $ 21,201 $
Price per Square Meter to Buy House, in suburbs 4,941 $ 11,781 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,661 $ 2,981 $
Mortgage Interest Rate, for 20 years fixed-rate 1.97 % 5.14 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 29.9 $ 54.1 $
Cinema, 1 seat 10.1 $ 11.5 $
Haircut 16.1 $ 10.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 86.8 $ 91 $
Brand Jeans, Levis 501 67.7 $ 62.6 $

Childcare

Preschool, full day, monthly for 1 child 504 $ 410 $
International Primary School, yearly for 1 child 13,786 $ 21,834 $