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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 per location (minimum of 2 locations required)


Annual Subscription = $89 per location (minimum of 2 locations required)


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Reports within minutes


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Location Rankings

Cost of Living Comparison by City and Country


Find out the World Rankings Today


Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

Help

International Cost of Living Help

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Taiwan, All Areas
Overview

Taiwan, All AreasTaiwan is in Eastern Asia, and comprises islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the south-eastern coast of China. The climate is tropical marine with a rainy monsoon season (June to August) and persistent and extensive cloudiness all year.

The official language is Mandarin Chinese. Many people also speak Taiwanese and one or two other local dialects. Many Taiwanese business people have travelled to Hong Kong or the US and speak good English, but it is unwise to assume that a Taiwanese business partner will speak English, and it is worth picking up a few phrases of Chinese. The main religions are Taoism, Buddhism and Christianity.

The economy of Taiwan is a dynamic capitalist economy. Real growth in GDP has averaged about 8% during the past three decades. The service sector makes up 73% of the economy.

Expatriate business dress is conservative.

The security risk for expatriates in Taiwan is low. Risks include low levels of petty crime. Other risks include earthquakes, flooding and landslides.

The currency of Taiwan is the Taiwan Dollar (TWD). While ATMs are available not all international cards are accepted. Major credit cards are accepted at most shops and restaurants.

Medical facilities are adequate for routine, emergency and outpatient treatment. The cost of treatment for expatriates can be high. Any medical treatment is required to be paid for on a cash basis. Cases of dengue fever have been reported.

The population of Taiwan is 23.5 Million (2017 est.), while the inflation rate is 0.35% (Nov 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in Taiwan as at 1 January 2018 is high in comparison to other places in the world.

In Taiwan, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Low
2) Clothing: Average
3) Communication: Very Low
4) Education: Low
5) Furniture & Appliances: Low
6) Groceries: High
7) Healthcare: High
8) Household Accommodation: Very High
9) Miscellaneous: High
10) Personal Care: Very Low
11) Recreation & Culture: Low
12) Restaurants Meals Out and Hotels: Low
13) Transport: Average

Taiwan is for example 4.7% more expensive than USA for groceries, 56.2% more expensive for household costs than UK, and 83.4% more expensive for transport costs than India.

Taiwan is ranked as a some hardship location.

The hardship premium for Taiwan for an expat from Australia, is for example 10%, i.e. host location (Taiwan) premium of 20% minus home (Australia) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Taiwan? Register subscribe to your home location and Taiwan and run your personalised reports.

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