South Korea vs Taiwan - Cost of Living Comparison

Updated:

Livingcost

South Korea Taiwan
🚶 Cost of living one person
$1074
$1027
👨‍👩‍👧‍👦 Cost of living Family
$2688
$2710
🏠 One person rent
$470
$411
🏘️ Family rent
$787
$710
🍽️ Food expenses
$417
$404
🚐 Transport expenses
$89.7
$98.7
💳 Monthly salary after tax
$2138
$1572
💸 GDP per capita
$36239
$39490
😃 Human freedom index
8.15
8.72
❤️ Life expectancy
83.4
79.1
👮 Corruption perceptions index
63
68
🌐 English speaking %
20%
30%
🎓 Higher education
87
90
😀 Quality of life
87
84
🏙️ Population
51.8M
23.3M

The average cost of living in South Korea ($1074) is 5% more expensive than in Taiwan ($1027). South Korea ranked 86th vs 97th for Taiwan in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 2 months in South Korea compared to 1.5 months in Taiwan. Ranked 23rd and 28th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in South Korea vs Taiwan

We calculate prices for South Korea and Taiwan as a population-weighted mean of 87 and 17 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

South Korea Taiwan
Eating Out
🍱 Lunch Menu
$6.41
$4.63
🥂 Dinner in a Restaurant, for 2
$35.3
$32.5
🥪 Fast food meal, equiv. McDonald's
$5.45
$5.19
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.16
$1.97
 Cappuccino
$3.29
$2.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.41
$1.03
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$486
$473
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$319
$302
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1137
$1156
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$698
$808
🔌 Utility Bill one person, electricity, heating, water, etc.
$98.8
$54.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$83.2
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.2
$23.1
🏦 Mortgage Interest Rate for 20 Years
4.19%
2.45%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$11577
$8482
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6055
$5554
Transportation
🚌 Local transport ticket
$0.99
$0.7
🎟️ Monthly ticket local transport
$40.7
$32.6
🚕 Taxi Ride, 8 km or 5 mi
$8.06
$9.44
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$0.99
Groceries
🥛 Milk, 1 L or 1 qt
$1.88
$3.14
🍞 Bread, 0.5 kg or 1.1 lb
$2.54
$1.78
🍚 Rice, 1 kg or 2.2 lb
$2.51
$2.75
🥚 Eggs, x12
$2.65
$2.51
🧀 Cheese, 1 kg or 2.2 lb
$11.9
$18.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.7
$9.34
🥩 Round Steak, 1 kg or 2.2 lb
$17.8
$19.1
🍏 Apples, 1 kg or 2.2 lb
$6.64
$4.54
🍌 Banana, 1 kg or 2.2 lb
$3.08
$2.55
🍊 Oranges, 1 kg or 2.2 lb
$5.66
$2.9
🍅 Tomato, 1 kg or 2.2 lb
$4.93
$3.46
🥔 Potato, 1 kg or 2.2 lb
$3
$3
🧅 Onion, 1 kg or 2.2 lb
$2.35
$2.13
🌊 Water, 1 L or 1 qt
$0.69
$0.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.03
$1.8
🍾 Wine (mid-priced), 750 mL bottle
$15.1
$12.8
🍺 Beer, 0.5 L or 16 fl oz
$1.9
$1.58
🚬 Cigarette pack
$2.95
$4.23
💊 Cold medicince, 1 week
$4.01
$10.6
🧴 Hair Shampoo
$4.25
$6.85
🧻 Toilet paper, 4 rolls
$2.09
$1.85
👄 Toothpaste, 1 tube
$1.52
$2.54
Other
🏋️ Gym Membership, 1 month
$45.7
$38
🎫 Cinema Ticket, 1 person
$9.37
$10.7
👩‍⚕️ Doctor's visit
$45.2
$47.2
💇 Haircut, simple
$8.07
$13.8
👖 Brand Jeans
$57
$67.6
👟 Brand Sneakers
$68.9
$87.7
👶 Daycare or Preschool, 1 month
$465
$526
🏫 International Primary School, 1 year
$18682
$18492

Cost of living in other countries

Cost of living

Cities Comparison in South Korea vs Taiwan

More countries to compare

Cost of Living in Popular cities

In South Korea

City Cost of living Population
Seoul
$1296
9.67M
Busan
$1084
3.45M
Incheon
$1032
3.05M
Daegu
$992
2.38M
Gwangju
$957
1.41M
Daejeon
$905
1.48M
Suwon
$985
1.23M
Ulsan
$957
1.13M
Goyang
$1052
1.06M
Yongin
$1061
1.08M
Cheongju
$865
848K
Seongnam
$1455
919K
Hwaseong
$1045
1M
Changwon
$1013
1.01M
Namyangju
$1094
732K
Gimhae
$1014
534K
Jeju
$1020
698K
Pyeongtaek
$1048
607K
Pohang
$989
504K
Jeju Island
$1037
666K
Cheonan
$1128
657K
Bucheon
$1090
772K
Uijeongbu
$868
463K
Siheung
$1313
514K
Paju
$1010
498K
Ansan
$1001
623K
Gwangju
$1179
397K
Jeonju
$771
342K
Gunsan
$964
275K
Sejong
$971
392K

In Taiwan

City Cost of living Population
New Taipei
$1123
4.04M
Taipei
$1248
2.43M
Kaohsiung
$971
2.71M
Taichung
$942
2.87M
Taoyuan
$989
2.36M
Tainan
$938
1.85M
Hsinchu
$921
456K
Keelung
$979
359K
Chiayi
$904
262K
Zhubei
$889
221K
Changhua
$874
220K
Kinmen
$892
138K
Miaoli
$687
85.5K
Douliu
$884
109K
Taitung
$844
102K
Yilan
$792
94.3K
Nantou
$868
96K