Published: Monday, 21th October 2024
The cost of living in Taiwan is 1.65 times less expensive as compared to Marshall Islands.
On this page, you will find side-by-side cost comparison between Taiwan and Marshall Islands. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Taiwan and Marshall Islands.
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Indicators | Taiwan | Marshall Islands |
---|---|---|
1 BHK Apartment in City Center | 30,000 TWD (930 USD) | 1,200 USD |
2 BHK Apartment in City Center | 50,000 TWD (1,550 USD) | 2,200 USD |
3 BHK Apartment in City Center | 70,000 TWD (2,170 USD) | 3,000 USD |
1 BHK Apartment outside City Center | 20,000 TWD (620 USD) | 800 USD |
2 BHK Apartment outside City Center | 35,000 TWD (1,085 USD) | 1,500 USD |
3 BHK Apartment outside City Center | 50,000 TWD (1,550 USD) | 2,200 USD |
Mortgage Rates Per Month | 1.5 % | 1.3 % |
Realtor Commission | 1 % | 2 % |
Property Taxes | 1.4 % | Yet to Update |
The average housing cost in Taiwan is 1.37 times less expensive than Marshall Islands.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Basic Home Furnishing | 100,000 TWD (3,100 USD) | 4,000 USD |
Electricity Cost Per Month | 2,000 TWD (62 USD) | 150 USD |
Heating Cost Per Month | 1,500 TWD (46.50 USD) | 120 USD |
Cooling Cost Per Month | 1,500 TWD (46.50 USD) | 100 USD |
Water Supply Cost Per Month | 500 TWD (15.50 USD) | 50 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 26.01% less for Utilities.
The basic home furnishing in Taiwan costs 1.29 times less compared to Marshall Islands.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Standard Wifi Cost Per Month | 1,200 TWD (37.20 USD) | 50 USD |
Mobile Phone Basic Plan Cost Per Month | 500 TWD (15.50 USD) | 40 USD |
Landline Basic Plan Cost Per Month | 300 TWD (9.30 USD) | 20 USD |
Cable TV Basic Plan Cost Per Month | 1,000 TWD (31 USD) | 60 USD |
The internet and communication costs 45.29% less in Taiwan compared to Marshall Islands.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Long Grain Rice (1 KG) | 60 TWD (1.86 USD) | 3 USD |
Milk (1 Liter) | 70 TWD (2.17 USD) | 2 USD |
Water (1 Liter) | 20 TWD (0.62 USD) | 1 USD |
Bread (500 gm) | 35 TWD (1.08 USD) | 1.50 USD |
Eggs (1 Dozen) | 90 TWD (2.79 USD) | 4.50 USD |
Cheese (1 KG) | 300 TWD (9.30 USD) | 10 USD |
Chicken Breast (1 KG) | 200 TWD (6.20 USD) | 12 USD |
In Taiwan, the cost of 1 Liter Water and 1 Liter Milk is 1.08 times less expensive than the cost in Marshall Islands.
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 29.34% less for Groceries.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Apples (1 KG) | 100 TWD (3.10 USD) | 4 USD |
Bananas (1 KG) | 50 TWD (1.55 USD) | 3 USD |
Oranges (1 KG) | 80 TWD (2.48 USD) | 3.50 USD |
Tomatoes (1 KG) | 60 TWD (1.86 USD) | 3 USD |
Potatoes (1 KG) | 40 TWD (1.24 USD) | 2.50 USD |
Lemons (1 KG) | 120 TWD (3.72 USD) | 4 USD |
Onions (1 KG) | 50 TWD (1.55 USD) | 2.50 USD |
Lentils (1 KG) | 80 TWD (2.48 USD) | 3 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.42 times less for Fruits and Vegetables.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Meal at a Resonable Restaurant | 200 TWD (6.20 USD) | 20 USD |
Three-Course Meal for Two | 800 TWD (24.80 USD) | 60 USD |
Fast Food Combo Meal | 150 TWD (4.65 USD) | 8 USD |
Normal Coffee | 100 TWD (3.10 USD) | 3 USD |
Soft Drink | 50 TWD (1.55 USD) | 2 USD |
Pizza for One | 300 TWD (9.30 USD) | 15 USD |
Take-Out Delivery Meal | 250 TWD (7.75 USD) | 15 USD |
Cigarette Pack of 20 | 150 TWD (4.65 USD) | 8 USD |
Dining-Out costs 52.67% less in Taiwan compared to Marshall Islands.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Wine Mid-Range Bottle | 1,000 TWD (31 USD) | 20 USD |
Glass of Wine | 200 TWD (6.20 USD) | 6 USD |
Domestic Beer Half Liter | 80 TWD (2.48 USD) | 3 USD |
Imported Beer Half Liter | 120 TWD (3.72 USD) | 5 USD |
Domestic Alcohol 1 Liter | 800 TWD (24.80 USD) | 20 USD |
Branded Alcohol 1 Liter | 1,200 TWD (37.20 USD) | 35 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.18 times more for usual hard drinks.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Monthly Public Transportation Pass | 1,200 TWD (37.20 USD) | 40 USD |
Single Public Transportation Ticket | 30 TWD (0.93 USD) | 2 USD |
Single Train Ticket | Yet to Update () | Yet to Update |
Domestic Airplane Ticket | 5,000 TWD (155 USD) | 200 USD |
Taxi Start Fare | 80 TWD (2.48 USD) | 7 USD |
Taxi Rate Per Kilometer | 20 TWD (0.62 USD) | 2.50 USD |
Car Rental Per Day | 2,000 TWD (62 USD) | 40 USD |
Parking Fees in City Center Per Hour | 100 TWD (3.10 USD) | 3 USD |
Parking Fees outside City Center Per Hour | 50 TWD (1.55 USD) | 1.50 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.13 times less for transportation.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Reasonable Vehicle Purchase Cost | 500,000 TWD (15,500 USD) | 25,000 USD |
Vehicle Registration Cost | 10,000 TWD (310 USD) | 150 USD |
Driving License Fees | 1,000 TWD (31 USD) | 70 USD |
Car Insurance Cost | 15,000 TWD (465 USD) | 400 USD |
Car Maintenance Cost | 3,000 TWD (93 USD) | 250 USD |
Car Loan Interest Rates | 2.5 % | 6 % |
Fuel Per Liter | 35 TWD (1.08 USD) | 1.80 USD |
Fuel Per Gallon | 150 TWD (4.65 USD) | 7 USD |
Average Toll Fees | Yet to Update | Yet to Update |
You would have to pay 1.58 times less for Vehicle purchase, daily operation and maintenance in Taiwan compared to that of Marshall Islands.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Doctor Visit | 1,000 TWD (31 USD) | 60 USD |
Specialist Visit | 1,500 TWD (46.50 USD) | 90 USD |
Dentist Visit | 1,200 TWD (37.20 USD) | 70 USD |
Eye Exam | 800 TWD (24.80 USD) | 50 USD |
Mental Health Counseling | 1,500 TWD (46.50 USD) | 90 USD |
Preventive Health Screening | 800 TWD (24.80 USD) | 70 USD |
Physical Therapy | 1,000 TWD (31 USD) | 80 USD |
Emergency Room Visit | 2,000 TWD (62 USD) | 200 USD |
Hospital Stay Per Night | 5,000 TWD (155 USD) | 300 USD |
Vaccinations | 500 TWD (15.50 USD) | 50 USD |
Prescription Medication | 300 TWD (9.30 USD) | 20 USD |
Over the Counter Medication | 150 TWD (4.65 USD) | 10 USD |
Health Insurance Premiums | 5,000 TWD (155 USD) | 150 USD |
Health Insurance Deductibles | 10,000 TWD (310 USD) | 50 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.35 times less for Health and Medical Treatment.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Cosmetic Procedures | 10,000 TWD (310 USD) | 300 USD |
Spa Treatment | 3,000 TWD (93 USD) | 80 USD |
Manicure Pedicure Cost | 1,000 TWD (31 USD) | 30 USD |
Optical Glasses Cost | 1,000 TWD (31 USD) | 120 USD |
Contact Lenses Cost | 800 TWD (24.80 USD) | 50 USD |
Haircuts | 500 TWD (15.50 USD) | 20 USD |
Hair Coloring | 2,000 TWD (62 USD) | 60 USD |
Shampoo Price | 100 TWD (3.10 USD) | 5 USD |
Toothpaste Price | 50 TWD (1.55 USD) | 3 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.17 times less for Personal Care Items and Treatment.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Pair of Nike Running Shoes | 3,000 TWD (93 USD) | 100 USD |
Men's Shirt | 800 TWD (24.80 USD) | 35 USD |
Women's Dress | 1,500 TWD (46.50 USD) | 70 USD |
Summer Dress | 800 TWD (24.80 USD) | 50 USD |
Men's Suit | 10,000 TWD (310 USD) | 200 USD |
Men's Jeans | 1,500 TWD (46.50 USD) | 60 USD |
Women's Jeans | 1,200 TWD (37.20 USD) | 60 USD |
Men's Formal Shoes | 1,500 TWD (46.50 USD) | 100 USD |
Women's Formal Shoes | 1,500 TWD (46.50 USD) | 100 USD |
Men's Casual Shoes | 1,200 TWD (37.20 USD) | 70 USD |
Women's Casual Shoes | 1,200 TWD (37.20 USD) | 70 USD |
Underwear For Men | 200 TWD (6.20 USD) | 12 USD |
Underwear For Women | 200 TWD (6.20 USD) | 15 USD |
Socks For Men | 50 TWD (1.55 USD) | 5 USD |
Socks For Women | 50 TWD (1.55 USD) | 5 USD |
Wintercoat for Adults | 2,000 TWD (62 USD) | 120 USD |
Sportswear | 1,000 TWD (31 USD) | 60 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.32 times less for Clothing and Footwear for Adults.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Children's Jeans | 800 TWD (24.80 USD) | 35 USD |
Children's Normal Sneakers | 1,000 TWD (31 USD) | 50 USD |
Children's Winter Coat | 1,500 TWD (46.50 USD) | 70 USD |
Daycare for Infant | 10,000 TWD (310 USD) | 500 USD |
Daycare for Toddler | 8,000 TWD (248 USD) | 450 USD |
Childcare for Sick Days | 800 TWD (24.80 USD) | 100 USD |
Early Childhood Education Programs | 6,000 TWD (186 USD) | 200 USD |
Extra Curricular Activities | 1,000 TWD (31 USD) | 250 USD |
Summer Camp for Kids | 3,000 TWD (93 USD) | 500 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 2.17 times less for Childcare and kids clothing.
Indicators | Taiwan | Marshall Islands |
---|---|---|
PreSchool Fees | 12,000 TWD (372 USD) | 600 USD |
Primary School Fees | 20,000 TWD (620 USD) | 1,200 USD |
Secondary School Fees | 25,000 TWD (775 USD) | 1,800 USD |
Private School Fees | 50,000 TWD (1,550 USD) | 2,500 USD |
University Tuition Fees | 120,000 TWD (3,720 USD) | 8,000 USD |
University Private Tuition Fees | 200,000 TWD (6,200 USD) | 12,000 USD |
After School Activities | 1,000 TWD (31 USD) | 300 USD |
Special Education Services | 2,000 TWD (62 USD) | 250 USD |
Tutoring | 800 TWD (24.80 USD) | 100 USD |
Textbooks Cost | 1,000 TWD (31 USD) | 60 USD |
School Supplies | 500 TWD (15.50 USD) | 40 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 2.00 times less for school and education.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Movie Ticket (Single) | 300 TWD (9.30 USD) | 10 USD |
Theater Ticket (Single) | 600 TWD (18.60 USD) | 20 USD |
Concert Ticket (Single) | 800 TWD (24.80 USD) | 40 USD |
Sports Event Ticket (Single) | 600 TWD (18.60 USD) | 50 USD |
Gym Membership | 2,000 TWD (62 USD) | 50 USD |
Swimming Pool Access | 1,500 TWD (46.50 USD) | 30 USD |
Museum Entry Ticket | 200 TWD (6.20 USD) | 10 USD |
Zoo Entry Ticket | 300 TWD (9.30 USD) | 15 USD |
Amusement Park Entry Ticket | 800 TWD (24.80 USD) | 25 USD |
Bowling | 300 TWD (9.30 USD) | 15 USD |
Mini Golf | 400 TWD (12.40 USD) | 10 USD |
Video Games | 1,500 TWD (46.50 USD) | 60 USD |
Streaming Services | 200 TWD (6.20 USD) | 15 USD |
Outdoor Equipment Rental | 1,000 TWD (31 USD) | 30 USD |
Theme Park Annual Pass | 5,000 TWD (155 USD) | 300 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 1.42 times less for entertainment, recreation and fun activities.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Language Classes | 1,000 TWD (31 USD) | 150 USD |
Parenting Classes | 800 TWD (24.80 USD) | 100 USD |
Art Classes | 600 TWD (18.60 USD) | 60 USD |
Fitness Classes | 500 TWD (15.50 USD) | 30 USD |
Music Lessons | 1,000 TWD (31 USD) | 50 USD |
Dance Lessons | 800 TWD (24.80 USD) | 50 USD |
Reading Materials for Classes | 300 TWD (9.30 USD) | 15 USD |
Educational Software | 500 TWD (15.50 USD) | 100 USD |
If you lived in Taiwan, instead of Marshall Islands, you would have to pay 3.26 times less for Private Classes.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Average Gross Monthly Salary | 50,000 TWD (1,550 USD) | 2,500 USD |
Average Net Monthly Salary | 35,000 TWD (1,085 USD) | 2,000 USD |
Minimum Wages | 933.33 TWD per hour (28.93 USD) | 40 USD per hour |
Average Bonus | 5,000 TWD (155 USD) | 500 USD |
Income Tax Rate | 0 to 5 % | 0 % |
Social Security Contributions | 6 % | 8 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 70 | 80 |
Median Household Income | 45,000 TWD (1,395 USD) | 1,800 USD |
If you lived in Taiwan, you would earn 1.62 times less salary as compared to Marshall Islands.
Indicators | Taiwan | Marshall Islands |
---|---|---|
Legal Consultation Per Hour Rate | 2,000 TWD (62 USD) | 150 USD |
Accounting Services Per Hour Rate | 1,800 TWD (55.80 USD) | 120 USD |
IT Support Services Per Hour Rate | 1,500 TWD (46.50 USD) | 100 USD |
Technician Services Per Hour Rate | 1,200 TWD (37.20 USD) | 120 USD |
Professional Services cost 2.43 times less in Taiwan, as compared to Marshall Islands.
We hope you enjoyed the detailed guide on the cost of living comparsion between Taiwan and Marshall Islands.
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