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How much does it cost to rent an apartment in taipei

How Much Does It Cost to Rent an Apartment in Taipei: A Comprehensive Guide

  1. Convenient Price Range Information:
  • The search result should display a concise overview of the average rental costs in Taipei, providing potential renters with a general understanding of the price range they can expect.
  • The content should highlight the average monthly rental prices for different types of apartments (e.g., studio, one-bedroom, two-bedroom, etc.), enabling users to compare and make informed decisions.
  1. Factors Influencing Rental Prices:
  • A comprehensive guide should outline the key factors that affect rental prices in Taipei, such as location, apartment size, furnished or unfurnished options, and proximity to transportation or amenities.
  • It should explain how each factor contributes to the overall cost, allowing users to prioritize their requirements and identify potential savings.
  1. Neighborhood Insights:
  • The search result should offer a breakdown of popular neighborhoods in Taipei, including their unique characteristics, advantages, and average rental costs

Cost of Living in Taipei

RestaurantsEdit
Rent Per MonthEdit
Apartment (1 bedroom) in City Centre20,500.00NT$
Apartment (1 bedroom) Outside of Centre14,714.29NT$
Apartment (3 bedrooms) in City Centre48,194.68NT$

Is rent expensive in Taiwan?

A single person estimated monthly costs are 766.2$ (24,745.4NT$) without rent. Cost of living in Taiwan is, on average, 32.7% lower than in United States. Rent in Taiwan is, on average, 70.4% lower than in United States.

What is the cost of living in Taipei compared to New York city?

Cost of Living Comparison Between New York, NY and Taipei

You would need around 3,606.3$ (116,290.7NT$) in Taipei to maintain the same standard of life that you can have with 9,800.0$ in New York, NY (assuming you rent in both cities).

How much does it cost to buy an apartment in Taipei?

Taipei, Taiwan

One- to two-bedroom properties in the city cost a median of $473,500, according to June 2021 data compiled by global property agent Savills. Three- and four-bedroom properties, meanwhile, came in at a median of $977,000. High-rise buildings sprawl out across the Taiwanese capital Taipei.

How much money do you need to live comfortably in Taipei?

Normal life, around 20,000–25,000. Still have to live a ways from the MRT and probably New Taipei City. Comfortable 30,000 to 40,000. Can live in Taipei city and have some left over.

How much does it cost to rent an apartment in Taipei?

Accommodation: The cost of renting an apartment in Taipei can vary depending on location and the size of the apartment. A one-bedroom apartment in a central area can cost around NT$18,000 to NT$30,000 per month (approximately USD$ 640 to USD$1,060).

Where is the cheapest place to live in Taiwan?

Compared to other major cities in Taiwan, such as Taipei, Taichung is much more affordable. This means that expats can enjoy a high quality of life without breaking the bank. Taichung is a very livable city. The public transportation system is efficient and easy to use, and the city is very bike-friendly.

Frequently Asked Questions

How expensive is Taipei?

Overall, you can expect to spend around 22,000-46,000 TWD (around $798-$1,669 USD) per month on living expenses in New Taipei City, depending on your lifestyle and spending habits.

What is the average salary in Taipei?

What is the average salary in Taipei? The average salary in Taipei is approximately NT$ 882,000 (US$29,400) per year. As you can see, the average salary in Taiwan's largest city, Taipei, is higher than the country's average salary. The average salary in Taipei is also higher than in all other major cities in Taiwan.

What is the average salary in Taiwan?

The average salary in Taiwan is approximately NT$677,000 (US$21,689) per year.

How much is a flat in Taiwan?

Cost of living in Taiwan chart

Accommodation (monthly rent)
Three-bedroom apartment in the city centreNTD 47,000
Three-bedroom apartment outside the city centreNTD 35,000
One-bedroom apartment in the city centreNTD 19,100
One-bedroom apartment outside the city centreNTD 13,500

How much does it cost to live comfortably in Taipei?

Summary of cost of living in Taipei, Taiwan: A family of four estimated monthly costs are 2,946.7$ (95,164.7NT$) without rent. A single person estimated monthly costs are 810.8$ (26,184.0NT$) without rent. Taipei is 47.6% less expensive than New York (without rent).

How much are apartments in Taiwan?

The lack of space plays havoc with real estate prices, so the average Taipei apartment most people live in is relatively small. As a single person, I lived in a small studio apartment and paid $500 per month (14,000 TWD). These can easily go up to $700 (20,000 TWD) or more, especially with more than one bedroom.

FAQ

What is a good salary to live in Taiwan?

The average salary in Taiwan is 129,000 TWD (New Taiwan Dollar) or around USD 4,203 per month (as per the exchange rates in May 2023). To give you a reference, the average monthly salary in the United States is USD 7900, which is significantly higher than in Taiwan.

How much does it cost to rent in Taipei?

Cost of living in Taiwan chart

Accommodation (monthly rent)
Three-bedroom apartment in the city centreNTD 47,000
Three-bedroom apartment outside the city centreNTD 35,000
One-bedroom apartment in the city centreNTD 19,100
One-bedroom apartment outside the city centreNTD 13,500
How much is a one bedroom apartment in Taipei?

Cost of Living in Taipei

RestaurantsEdit
Rent Per MonthEdit
Apartment (1 bedroom) in City Centre20,500.00NT$
Apartment (1 bedroom) Outside of Centre14,714.29NT$
Apartment (3 bedrooms) in City Centre48,194.68NT$
How can I move to Taiwan from us?

Anyone wishing to move to Taiwan for a period longer than three months needs to apply for a visa to enter the country. In this case, you will need to apply for and obtain a Taiwan resident visa. There are several resident visas that you can apply for depending on the reason why you want to move to Taiwan.

Is it expensive to live in Taiwan?
A family of four estimated monthly costs are 2,795.3$ (90,272.9NT$) without rent. A single person estimated monthly costs are 766.2$ (24,745.4NT$) without rent. Cost of living in Taiwan is, on average, 32.7% lower than in United States. Rent in Taiwan is, on average, 70.4% lower than in United States.

Can US citizens live in Taiwan?
Americans can apply for visas to live or work in Taiwan, and the healthcare system is modern and affordable. The official language is Taiwanese Mandarin.

How much does it cost to rent an apartment in taipei

How to rent apartment in taipei

Dec 16, 2022 — Search rental websites for available apartments in the area you want to live in: This can be done through websites such as Airbnb, and 

How much does it cost to live in Taiwan for a month?

Summary of cost of living in Taiwan: A family of four estimated monthly costs are 2,795.3$ (90,272.9NT$) without rent. A single person estimated monthly costs are 766.2$ (24,745.4NT$) without rent. Cost of living in Taiwan is, on average, 32.7% lower than in United States.

How much does it cost to rent an apartment in Taiwan?

Accommodation: The cost of renting an apartment in Taipei can vary depending on location and the size of the apartment. A one-bedroom apartment in a central area can cost around NT$18,000 to NT$30,000 per month (approximately USD$ 640 to USD$1,060).

What is the shortest term rent?

Common lease lengths for short-term rentals are three or six months. However, there are even shorter lease terms, like month-to-month apartments. It's also possible to find places that will rent week-to-week.

What are the cheapest months to rent an apartment?

The lowest rental rates are found during the winter months—October through April—with demand and prices reaching their nadir between January and March. An apartment search should begin in the middle of the month prior to the target move month.

  • How long can an American live in Taiwan?
    • For visa-waiver travel, your U.S. passport must be valid through the number of days you intend to stay. Six-month passport validity is not required. If you plan to stay longer than 90 days or plan to work or reside in Taiwan, you need a Taiwan visa prior to traveling.

  • Is Taipei expensive city?
    • TAIPEI (Taiwan News) — Taipei is the eighth most expensive city in the world, according to the latest findings from Julius Baer. The Swiss banking institution rates Singapore as the most expensive city to live in if one is seeking a lifestyle of luxury, followed by Shanghai, and Hong Kong.

  • How much does a house in Taipei cost?
    • Taipei, Taiwan

      One- to two-bedroom properties in the city cost a median of $473,500, according to June 2021 data compiled by global property agent Savills. Three- and four-bedroom properties, meanwhile, came in at a median of $977,000.

  • How long can Americans stay in Taipei?
    • Ninety days

      As a U.S. passport holder, you will be allowed to enter Taiwan without a visa for up to ninety days if your passport is valid for more than 90 days. If your passport has less than 90 days of validity remaining, you will be able to enter Taiwan for a time equal to the expiration date of your passport.

  • What is the average apartment size in Taiwan?
    • In 2021, the average per capita living space in Taiwan amounted to approximately 51.5 square meters. The average dwelling space has increased gradually over time. The median size of per capita living space was lower and ranged at around 41.7 square meters in 2021.

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