How Much Money Do You Need To Live In Taiwan

Can a family of iv survive on NT$35,000 per month in Taipei?

The minimal monthly average living costs to stay in Taiwan'southward capital is NT$xv,544

A mother and her child at an anti-nuclear protest organized by Homemakers Union Consumer Co-op.

A mother and her child at an anti-nuclear protest organized by Homemakers Union Consumer Co-op. A mother and her kid at an anti-nuclear protest organized past Homemakers Union Consumer Co-op. (CNA photograph)

Taipei (Taiwan News)—Lately, there has been a fence online about the price of living in Taipei, the city regime responded with an official statement that minimal living costs for a single person living in the capital is NT$xv,544 (United states of america$501.21) per calendar month.

If a person is living on a monthly budget beneath this standard, they tin apply for low-income subsidiaries, stated metropolis officials.

Household expenditures in Taipei are even higher averaging NT$27,000 per month, co-ordinate to family spending statistics compiled by Directorate-General of Budget, Accounting and Statistics (DGBAS).

This indicates a controversial post by a netizen with two children are probably living fairly close to the poverty line, by relying solely on her hubby's monthly bacon of NT$35,000, which sparked contend online as to whether this was plausible.

The netizen posted on pop online forum PTT marriage lath that they are surviving on her husband'due south sole income, even though a large chunk of the salary is used to pay the monthly hire NT$17,000.

That leaves the family with NT$18,000 for spending each month, and is but slightly above the minimal living cost criterion for a unmarried person in Taipei.

"Can you please teach me how this is even possible, my monthly food bill alone is NT$10,000," responded ane person.

The woman claims she is able to lower household spending past clothing her children in 2nd-mitt apparel, spending family unit holidays at local parks, department stores, and retail shops. Any excessive costs are absorbed by before savings and almanac bonuses.

Her family monthly spending broken downwards:

Item	Costs (NT$)
Babe milk formula	2,500
Diapers	2,300
Food costs	ix,000 (around NT$300 per day)
Smartphone bills for two people	Less than ane,000
Water bill	200-300
Electricity nib	1,500
Total	sixteen,600

She as well claims to take basic insurance for her two young children, and adults in the family.

Family surviving on NT$35,000 per month annual insurance costs:

Insurance type	Costs (NT$)
Insurance for 2 children	14,000
Insurance for two adults	25,000

She said this was only a temporary situation before her children starts school, and she returns to the workforce, which would increase their family unit monthly income by NT$45,000.

For her "money is not that important, what is nearly important is spending time with your children."

Source: https://www.taiwannews.com.tw/en/news/3112497

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