Cost of living comparison

 Taiwan
compared to
 South Korea
South Korea vs. Taiwan Cost of Living Summary
South Korea vs. Taiwan Cost Breakdown

If you lived in South Korea instead of Taiwan, you would:

pay 35.1% more for restaurants

 
Taiwan
South Korea
Basic meal with drink at inexpensive restaurant $4.21
NT$138.13
$6.16
₩8,916
Fast food combo meal
McDonalds, or similar
$4.80
NT$157.67
$5.24
₩7,584
Bottle of Coca-Cola (11 fl. oz) $0.95
NT$31.13
$1.47
₩2,131

Improve prices ·

pay 44.8% more for groceries

 
Taiwan
South Korea
Bread
1 loaf
$1.76
NT$57.85
$3.08
₩4,453
Local cheese (8 oz) $7.11
NT$233.57
$5.40
₩7,823
Milk (1 gallon) $11.33
NT$372.05
$7.46
₩10,796

Improve prices ·

pay 2.5% more for transportation

 
Taiwan
South Korea
Gasoline (1 gallon) $3.59
NT$117.89
$4.39
₩6,358
Monthly public transit pass $37.87
NT$1,243.74
$45.32
₩65,596
New Volkswagen Golf 1.4 (standard edition) $33,524.98
NT$1,101,027.41
$27,023.07
₩39,116,293

Improve prices ·

pay 33.1% more for housing

 
Taiwan
South Korea
Internet connection
50 mbps or faster, cable/dsl
$18.76
NT$616.18
$17.65
₩25,555
1-Bedroom apartment in downtown area $386.89
NT$12,706.36
$426.93
₩617,990
1-Bedroom apartment outside city center $269.95
NT$8,865.66
$328.41
₩475,383

Improve prices ·

pay 18.7% more for childcare

 
Taiwan
South Korea
Private preschool for 1 child, monthly $472.11
NT$15,504.99
$373.40
₩540,503
Middle school for 1 child, two semesters $14,471.45
NT$475,271.31
$22,907.58
₩33,159,059

Improve prices ·

pay 24.4% more for entertainment and sports

 
Taiwan
South Korea
Domestic/local beer (1 pint) $1.82
NT$59.80
$3.09
₩4,479
Cappuccino in mid-range area $2.59
NT$85.08
$3.39
₩4,906
Pack of cigarettes
Marlboro or similar
$4.00
NT$131.27
$3.21
₩4,652

Improve prices ·

pay 12.9% more for clothing

 
Taiwan
South Korea
Regular jeans
Levi's brand
$63.92
NT$2,099.38
$60.70
₩87,871
Regular dress
from H&M or similar store
$28.11
NT$923.24
$44.52
₩64,447
Running shoes
Nike or Adidas
$76.13
NT$2,500.23
$72.99
₩105,657

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2025
Share this

Compare by city

Select a city in Taiwan
Select a city..
compared to
Select a city in South Korea
Select a city..
For example, try comparing the cost of living in Taipei vs. Seoul

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about South Korea or Taiwan. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.