This post was updated in January 2020.
Taiwan isn’t part of the typical backpacker trail around Southeast Asia and I don’t know why… I really feel this small island deserves much more attention, Taiwan has so much to offer!
Perhaps it’s because travelers feel it will be too expensive and I admit I also wasn’t sure what to expect from the cost of travel in Taiwan. However, after spending a month in Taiwan I can safely say that it’s a very affordable country!
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How to travel Taiwan on a budget
Wondering how much money to bring to Taiwan? You may be surprised to learn that during our 1-month trip around Taiwan we spent approximately 2065 NT / €63 / $69 per day as a couple.
Is Taiwan cheap? Is Taiwan expensive? This obviously depends on your personal opinion, but for us, the daily amount we spent was similar to several countries in Southeast Asia.
While not among the cheapest places we traveled (Sri Lanka is the cheapest country so far) we were pleasantly surprised by how affordable Taiwan actually is.
In the infographic below you can find more detailed information about the costs of a trip to Taiwan.
Taiwan travel budget: facts and figures
- I traveled with my husband, all Taiwan expenses mentioned are for the two of us together.
- I quote prices in the Taiwanese dollar (NT), as well as € and $. When we were in Taiwan (May 2017), €1 was around 33NT and $1 was around 30NT. Of course, the exchange rate varies, you can check the current rate here.
- I spent 29 days in Taiwan, on an average day we spent 2065NT (€63/$69). I found prices in Taiwan to be fairly similar throughout the country.
- Our Taiwan trip budget includes all our travel costs in Taiwan, it does not include the costs for our tickets to Taiwan (from Malaysia).
- Our Taiwan trip started in Kaohsiung and ended in Taipei. We also visited Kenting National Park, Tainan, Taichung, Sun Moon Lake, and Hualien. You can find our 1 month Taiwan itinerary here.
Cost to travel Taiwan: our average daily expenses
1. Accommodation: 37% of daily costs
2. Transportation: 13% of daily costs
3. Food + drinks: 42% of daily costs
4. Paid activities + miscellaneous: 8% of daily costs
1. Where to stay in Taiwan on a budget: our accommodation costs in Taiwan
I was expecting accommodation to be more expensive but there is plenty of budget accommodation available in Taiwan! On average we spent 775NT / €23 / $26 per day. We stayed at hotels and accommodation via Airbnb.
In the table below you can find the places we stayed at (only the ones I recommend!), but I’ve also written a separate post about our accommodation in Taiwan.
|Hengchun||Kenting Light Blue Bed and Breakfast||€22/$26||Agoda|
|Hualien||Honey B Trip B&B||€25/$30||Agoda||Booking|
|Sun Moon Lake||Itathao Hotel||€39/$46||Agoda||Booking|
|Taichung||Taichung Loft Hostel||€22/$26||Agoda|
|Tainan||Tie Dao Hotel||€17/$20||Agoda||Booking|
Accommodation discount: if you have never traveled with Airbnb before you can get €30 of your first Airbnb stay with this link!
2. How to get around Taiwan on a budget: our transport costs in Taiwan
Getting around by public transport in Taiwan is easy and not expensive. We traveled by train, bus, MRT, taxi, and bicycle. Our average transport expenses were 260NT / €8 /$9 per day. You can find detailed information about how much it costs to travel from place to place in my Taiwan itinerary.
3. Our food costs in Taiwan
And how about the food costs per day in Taiwan? Truth be told, we spent most of our money on food and drinks, on an average day we paid 870NT / €27 / $29. But that’s only because Taiwanese food is absolutely delicious and we ate a lot…
Food in Taiwan is not expensive as long as you stick to local food, which you should because there are countless options to choose from and they are all yummy!
My favorite things to eat (and drink) in Taiwan were beef noodles (both with soup and dry), Chao zhou noodles, dumplings with pork filling, bubble tea and the amazing fresh fruit that was for sale everywhere.
In conclusion, while food prices in Taiwan are quite low but you’ll probably still spend most of your Taiwan budget on food as there are simply too many amazing things to eat…
4. Our activities and miscellaneous costs in Taiwan
Finally, we spent 160NT / €5 / $5 on paid activities (such as scooter rental, cinema tickets and entrance fees for museums) and miscellaneous things (see below) on an average day.
Miscellaneous costs may not be the correct term since the only expense in this category is a 30 Day Unlimited 4G Internet SIM card. We bought this SIM card for 1000NT / €30 / $33 upon arrival at Kaohsiung airport.
I think this SIM offers amazing value for money, we put the card in our backup phone and used that phone as a personal hotspot. We connected up to 4 devices to it without any connectivity problems! Staying online was therefore not an issue in Taiwan.
That’s all our Taiwan expenses!
I started this post by stating Taiwan isn’t expensive and that it’s easy to travel this lovely island on a budget.
I hope this guide provides some insight into the average daily travel budget for Taiwan. Feel free to ask any questions you may have and enjoy planning your Taiwan vacation!