Published: Monday, 21th October 2024
The cost of living in Taiwan is 3.80 times more expensive as compared to Mongolia.
On this page, you will find side-by-side cost comparison between Taiwan and Mongolia. 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 Mongolia.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | Taiwan  | Mongolia  |
|---|---|---|
1 BHK Apartment in City Center  | 30,000 TWD (930 USD) | 800,000 MNT (232 USD) |
2 BHK Apartment in City Center  | 50,000 TWD (1,550 USD) | 1,200,000 MNT (348 USD) |
3 BHK Apartment in City Center  | 70,000 TWD (2,170 USD) | 1,600,000 MNT (464 USD) |
1 BHK Apartment outside City Center  | 20,000 TWD (620 USD) | 500,000 MNT (145 USD) |
2 BHK Apartment outside City Center  | 35,000 TWD (1,085 USD) | 800,000 MNT (232 USD) |
3 BHK Apartment outside City Center  | 50,000 TWD (1,550 USD) | 1,200,000 MNT (348 USD) |
Mortgage Rates Per Month  | 1.5 % | 1.3 % |
Realtor Commission  | 1 % | 2 % |
Property Taxes  | 1.4 % | 0.6 % |
The average housing cost in Taiwan is 4.47 times more expensive than Mongolia.
Indicators | Taiwan | Mongolia |
|---|---|---|
Basic Home Furnishing  | 100,000 TWD (3,100 USD) | 3,000,000 MNT (870 USD) |
Electricity Cost Per Month  | 2,000 TWD (62 USD) | 50,000 MNT (14.50 USD) |
Heating Cost Per Month  | 1,500 TWD (46.50 USD) | 70,000 MNT (20.30 USD) |
Cooling Cost Per Month  | 1,500 TWD (46.50 USD) | 30,000 MNT (8.70 USD) |
Water Supply Cost Per Month  | 500 TWD (15.50 USD) | 30,000 MNT (8.70 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 254.64% more for Utilities.
The basic home furnishing in Taiwan costs 3.56 times more compared to Mongolia.
Indicators | Taiwan | Mongolia |
|---|---|---|
Standard Wifi Cost Per Month  | 1,200 TWD (37.20 USD) | 40,000 MNT (11.60 USD) |
Mobile Phone Basic Plan Cost Per Month  | 500 TWD (15.50 USD) | 30,000 MNT (8.70 USD) |
Landline Basic Plan Cost Per Month  | 300 TWD (9.30 USD) | 15,000 MNT (4.35 USD) |
Cable TV Basic Plan Cost Per Month  | 1,000 TWD (31 USD) | 20,000 MNT (5.80 USD) |
The internet and communication costs 205.42% more in Taiwan compared to Mongolia.
Indicators | Taiwan | Mongolia |
|---|---|---|
Long Grain Rice (1 KG)  | 60 TWD (1.86 USD) | 3,000 MNT (0.87 USD) |
Milk (1 Liter)  | 70 TWD (2.17 USD) | 1,500 MNT (0.43 USD) |
Water (1 Liter)  | 20 TWD (0.62 USD) | 1,000 MNT (0.29 USD) |
Bread (500 gm)  | 35 TWD (1.08 USD) | 2,000 MNT (0.58 USD) |
Eggs (1 Dozen)  | 90 TWD (2.79 USD) | 4,000 MNT (1.16 USD) |
Cheese (1 KG)  | 300 TWD (9.30 USD) | 7,000 MNT (2.03 USD) |
Chicken Breast (1 KG)  | 200 TWD (6.20 USD) | 8,000 MNT (2.32 USD) |
In Taiwan, the cost of 1 Liter Water and 1 Liter Milk is 3.85 times more expensive than the cost in Mongolia.
If you lived in Taiwan, instead of Mongolia, you would have to pay 212.62% more for Groceries.
Indicators | Taiwan | Mongolia |
|---|---|---|
Apples (1 KG)  | 100 TWD (3.10 USD) | 4,000 MNT (1.16 USD) |
Bananas (1 KG)  | 50 TWD (1.55 USD) | 3,000 MNT (0.87 USD) |
Oranges (1 KG)  | 80 TWD (2.48 USD) | 3,500 MNT (1.01 USD) |
Tomatoes (1 KG)  | 60 TWD (1.86 USD) | 3,000 MNT (0.87 USD) |
Potatoes (1 KG)  | 40 TWD (1.24 USD) | 2,000 MNT (0.58 USD) |
Lemons (1 KG)  | 120 TWD (3.72 USD) | 4,500 MNT (1.30 USD) |
Onions (1 KG)  | 50 TWD (1.55 USD) | 2,500 MNT (0.72 USD) |
Lentils (1 KG)  | 80 TWD (2.48 USD) | 4,000 MNT (1.16 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 2.34 times more for Fruits and Vegetables.
Indicators | Taiwan | Mongolia |
|---|---|---|
Meal at a Resonable Restaurant  | 200 TWD (6.20 USD) | 15,000 MNT (4.35 USD) |
Three-Course Meal for Two  | 800 TWD (24.80 USD) | 40,000 MNT (11.60 USD) |
Fast Food Combo Meal  | 150 TWD (4.65 USD) | 10,000 MNT (2.90 USD) |
Normal Coffee  | 100 TWD (3.10 USD) | 3,000 MNT (0.87 USD) |
Soft Drink  | 50 TWD (1.55 USD) | 1,500 MNT (0.43 USD) |
Pizza for One  | 300 TWD (9.30 USD) | 25,000 MNT (7.25 USD) |
Take-Out Delivery Meal  | 250 TWD (7.75 USD) | 20,000 MNT (5.80 USD) |
Cigarette Pack of 20  | 150 TWD (4.65 USD) | 5,000 MNT (1.45 USD) |
Dining-Out costs 78.91% more in Taiwan compared to Mongolia.
Indicators | Taiwan | Mongolia |
|---|---|---|
Wine Mid-Range Bottle  | 1,000 TWD (31 USD) | 25,000 MNT (7.25 USD) |
Glass of Wine  | 200 TWD (6.20 USD) | 5,000 MNT (1.45 USD) |
Domestic Beer Half Liter  | 80 TWD (2.48 USD) | 2,500 MNT (0.72 USD) |
Imported Beer Half Liter  | 120 TWD (3.72 USD) | 3,500 MNT (1.01 USD) |
Domestic Alcohol 1 Liter  | 800 TWD (24.80 USD) | 8,000 MNT (2.32 USD) |
Branded Alcohol 1 Liter  | 1,200 TWD (37.20 USD) | 20,000 MNT (5.80 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 5.68 times more for usual hard drinks.
Indicators | Taiwan | Mongolia |
|---|---|---|
Monthly Public Transportation Pass  | 1,200 TWD (37.20 USD) | 30,000 MNT (8.70 USD) |
Single Public Transportation Ticket  | 30 TWD (0.93 USD) | 1,500 MNT (0.43 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 5,000 TWD (155 USD) | 50,000 MNT (14.50 USD) |
Taxi Start Fare  | 80 TWD (2.48 USD) | 5,000 MNT (1.45 USD) |
Taxi Rate Per Kilometer  | 20 TWD (0.62 USD) | 1,500 MNT (0.43 USD) |
Car Rental Per Day  | 2,000 TWD (62 USD) | 50,000 MNT (14.50 USD) |
Parking Fees in City Center Per Hour  | 100 TWD (3.10 USD) | 5,000 MNT (1.45 USD) |
Parking Fees outside City Center Per Hour  | 50 TWD (1.55 USD) | 2,000 MNT (0.58 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 6.25 times more for transportation.
Indicators | Taiwan | Mongolia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 500,000 TWD (15,500 USD) | 20,000,000 MNT (5,800 USD) |
Vehicle Registration Cost  | 10,000 TWD (310 USD) | 50,000 MNT (14.50 USD) |
Driving License Fees  | 1,000 TWD (31 USD) | 50,000 MNT (14.50 USD) |
Car Insurance Cost  | 15,000 TWD (465 USD) | 200,000 MNT (58 USD) |
Car Maintenance Cost  | 3,000 TWD (93 USD) | 100,000 MNT (29 USD) |
Car Loan Interest Rates  | 2.5 % | 10 % |
Fuel Per Liter  | 35 TWD (1.08 USD) | 2,500 MNT (0.72 USD) |
Fuel Per Gallon  | 150 TWD (4.65 USD) | 10,000 MNT (2.90 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 2.77 times more for Vehicle purchase, daily operation and maintenance in Taiwan compared to that of Mongolia.
Indicators | Taiwan | Mongolia |
|---|---|---|
Doctor Visit  | 1,000 TWD (31 USD) | 30,000 MNT (8.70 USD) |
Specialist Visit  | 1,500 TWD (46.50 USD) | 50,000 MNT (14.50 USD) |
Dentist Visit  | 1,200 TWD (37.20 USD) | 40,000 MNT (11.60 USD) |
Eye Exam  | 800 TWD (24.80 USD) | 25,000 MNT (7.25 USD) |
Mental Health Counseling  | 1,500 TWD (46.50 USD) | 25,000 MNT (7.25 USD) |
Preventive Health Screening  | 800 TWD (24.80 USD) | 20,000 MNT (5.80 USD) |
Physical Therapy  | 1,000 TWD (31 USD) | 30,000 MNT (8.70 USD) |
Emergency Room Visit  | 2,000 TWD (62 USD) | 100,000 MNT (29 USD) |
Hospital Stay Per Night  | 5,000 TWD (155 USD) | 150,000 MNT (43.50 USD) |
Vaccinations  | 500 TWD (15.50 USD) | 10,000 MNT (2.90 USD) |
Prescription Medication  | 300 TWD (9.30 USD) | 15,000 MNT (4.35 USD) |
Over the Counter Medication  | 150 TWD (4.65 USD) | 5,000 MNT (1.45 USD) |
Health Insurance Premiums  | 5,000 TWD (155 USD) | 60,000 MNT (17.40 USD) |
Health Insurance Deductibles  | 10,000 TWD (310 USD) | 30,000 MNT (8.70 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 5.57 times more for Health and Medical Treatment.
Indicators | Taiwan | Mongolia |
|---|---|---|
Cosmetic Procedures  | 10,000 TWD (310 USD) | 150,000 MNT (43.50 USD) |
Spa Treatment  | 3,000 TWD (93 USD) | 50,000 MNT (14.50 USD) |
Manicure Pedicure Cost  | 1,000 TWD (31 USD) | 15,000 MNT (4.35 USD) |
Optical Glasses Cost  | 1,000 TWD (31 USD) | 50,000 MNT (14.50 USD) |
Contact Lenses Cost  | 800 TWD (24.80 USD) | 15,000 MNT (4.35 USD) |
Haircuts  | 500 TWD (15.50 USD) | 10,000 MNT (2.90 USD) |
Hair Coloring  | 2,000 TWD (62 USD) | 30,000 MNT (8.70 USD) |
Shampoo Price  | 100 TWD (3.10 USD) | 2,000 MNT (0.58 USD) |
Toothpaste Price  | 50 TWD (1.55 USD) | 1,000 MNT (0.29 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 6.11 times more for Personal Care Items and Treatment.
Indicators | Taiwan | Mongolia |
|---|---|---|
Pair of Nike Running Shoes  | 3,000 TWD (93 USD) | 80,000 MNT (23.20 USD) |
Men's Shirt  | 800 TWD (24.80 USD) | 40,000 MNT (11.60 USD) |
Women's Dress  | 1,500 TWD (46.50 USD) | 60,000 MNT (17.40 USD) |
Summer Dress  | 800 TWD (24.80 USD) | 50,000 MNT (14.50 USD) |
Men's Suit  | 10,000 TWD (310 USD) | 200,000 MNT (58 USD) |
Men's Jeans  | 1,500 TWD (46.50 USD) | 50,000 MNT (14.50 USD) |
Women's Jeans  | 1,200 TWD (37.20 USD) | 50,000 MNT (14.50 USD) |
Men's Formal Shoes  | 1,500 TWD (46.50 USD) | 70,000 MNT (20.30 USD) |
Women's Formal Shoes  | 1,500 TWD (46.50 USD) | 70,000 MNT (20.30 USD) |
Men's Casual Shoes  | 1,200 TWD (37.20 USD) | 50,000 MNT (14.50 USD) |
Women's Casual Shoes  | 1,200 TWD (37.20 USD) | 50,000 MNT (14.50 USD) |
Underwear For Men  | 200 TWD (6.20 USD) | 5,000 MNT (1.45 USD) |
Underwear For Women  | 200 TWD (6.20 USD) | 7,000 MNT (2.03 USD) |
Socks For Men  | 50 TWD (1.55 USD) | 2,000 MNT (0.58 USD) |
Socks For Women  | 50 TWD (1.55 USD) | 2,000 MNT (0.58 USD) |
Wintercoat for Adults  | 2,000 TWD (62 USD) | 80,000 MNT (23.20 USD) |
Sportswear  | 1,000 TWD (31 USD) | 40,000 MNT (11.60 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 3.27 times more for Clothing and Footwear for Adults.
Indicators | Taiwan | Mongolia |
|---|---|---|
Children's Jeans  | 800 TWD (24.80 USD) | 30,000 MNT (8.70 USD) |
Children's Normal Sneakers  | 1,000 TWD (31 USD) | 40,000 MNT (11.60 USD) |
Children's Winter Coat  | 1,500 TWD (46.50 USD) | 50,000 MNT (14.50 USD) |
Daycare for Infant  | 10,000 TWD (310 USD) | 200,000 MNT (58 USD) |
Daycare for Toddler  | 8,000 TWD (248 USD) | 150,000 MNT (43.50 USD) |
Childcare for Sick Days  | 800 TWD (24.80 USD) | 20,000 MNT (5.80 USD) |
Early Childhood Education Programs  | 6,000 TWD (186 USD) | 150,000 MNT (43.50 USD) |
Extra Curricular Activities  | 1,000 TWD (31 USD) | 50,000 MNT (14.50 USD) |
Summer Camp for Kids  | 3,000 TWD (93 USD) | 200,000 MNT (58 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 3.86 times more for Childcare and kids clothing.
Indicators | Taiwan | Mongolia |
|---|---|---|
PreSchool Fees  | 12,000 TWD (372 USD) | 250,000 MNT (72.50 USD) |
Primary School Fees  | 20,000 TWD (620 USD) | 300,000 MNT (87 USD) |
Secondary School Fees  | 25,000 TWD (775 USD) | 400,000 MNT (116 USD) |
Private School Fees  | 50,000 TWD (1,550 USD) | 600,000 MNT (174 USD) |
University Tuition Fees  | 120,000 TWD (3,720 USD) | 2,000,000 MNT (580 USD) |
University Private Tuition Fees  | 200,000 TWD (6,200 USD) | 4,000,000 MNT (1,160 USD) |
After School Activities  | 1,000 TWD (31 USD) | 50,000 MNT (14.50 USD) |
Special Education Services  | 2,000 TWD (62 USD) | 200,000 MNT (58 USD) |
Tutoring  | 800 TWD (24.80 USD) | 20,000 MNT (5.80 USD) |
Textbooks Cost  | 1,000 TWD (31 USD) | 10,000 MNT (2.90 USD) |
School Supplies  | 500 TWD (15.50 USD) | 5,000 MNT (1.45 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 5.90 times more for school and education.
Indicators | Taiwan | Mongolia |
|---|---|---|
Movie Ticket (Single)  | 300 TWD (9.30 USD) | 10,000 MNT (2.90 USD) |
Theater Ticket (Single)  | 600 TWD (18.60 USD) | 20,000 MNT (5.80 USD) |
Concert Ticket (Single)  | 800 TWD (24.80 USD) | 30,000 MNT (8.70 USD) |
Sports Event Ticket (Single)  | 600 TWD (18.60 USD) | 20,000 MNT (5.80 USD) |
Gym Membership  | 2,000 TWD (62 USD) | 30,000 MNT (8.70 USD) |
Swimming Pool Access  | 1,500 TWD (46.50 USD) | 20,000 MNT (5.80 USD) |
Museum Entry Ticket  | 200 TWD (6.20 USD) | 5,000 MNT (1.45 USD) |
Zoo Entry Ticket  | 300 TWD (9.30 USD) | 10,000 MNT (2.90 USD) |
Amusement Park Entry Ticket  | 800 TWD (24.80 USD) | 15,000 MNT (4.35 USD) |
Bowling  | 300 TWD (9.30 USD) | 10,000 MNT (2.90 USD) |
Mini Golf  | 400 TWD (12.40 USD) | 8,000 MNT (2.32 USD) |
Video Games  | 1,500 TWD (46.50 USD) | 20,000 MNT (5.80 USD) |
Streaming Services  | 200 TWD (6.20 USD) | 15,000 MNT (4.35 USD) |
Outdoor Equipment Rental  | 1,000 TWD (31 USD) | 10,000 MNT (2.90 USD) |
Theme Park Annual Pass  | 5,000 TWD (155 USD) | 300,000 MNT (87 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 3.17 times more for entertainment, recreation and fun activities.
Indicators | Taiwan | Mongolia |
|---|---|---|
Language Classes  | 1,000 TWD (31 USD) | 100,000 MNT (29 USD) |
Parenting Classes  | 800 TWD (24.80 USD) | 50,000 MNT (14.50 USD) |
Art Classes  | 600 TWD (18.60 USD) | 15,000 MNT (4.35 USD) |
Fitness Classes  | 500 TWD (15.50 USD) | 10,000 MNT (2.90 USD) |
Music Lessons  | 1,000 TWD (31 USD) | 20,000 MNT (5.80 USD) |
Dance Lessons  | 800 TWD (24.80 USD) | 20,000 MNT (5.80 USD) |
Reading Materials for Classes  | 300 TWD (9.30 USD) | 5,000 MNT (1.45 USD) |
Educational Software  | 500 TWD (15.50 USD) | 50,000 MNT (14.50 USD) |
If you lived in Taiwan, instead of Mongolia, you would have to pay 2.18 times more for Private Classes.
Indicators | Taiwan | Mongolia |
|---|---|---|
Average Gross Monthly Salary  | 50,000 TWD (1,550 USD) | 1,500,000 MNT (435 USD) |
Average Net Monthly Salary  | 35,000 TWD (1,085 USD) | 1,000,000 MNT (290 USD) |
Minimum Wages  | 933.33 TWD per hour (28.93 USD) | 16,666.67 MNT per hour (4.83 USD) |
Average Bonus  | 5,000 TWD (155 USD) | 300,000 MNT (87 USD) |
Income Tax Rate  | 0 to 5 % | 0 to 10 % |
Social Security Contributions  | 6 % | 10 % |
Pension Contributions  | 5 % | 10 % |
Cost of Living Index  | 70 | 40 |
Median Household Income  | 45,000 TWD (1,395 USD) | 1,200,000 MNT (348 USD) |
If you lived in Taiwan, you would earn 3.62 times more salary as compared to Mongolia.
Indicators | Taiwan | Mongolia |
|---|---|---|
Legal Consultation Per Hour Rate  | 2,000 TWD (62 USD) | 20,000 MNT (5.80 USD) |
Accounting Services Per Hour Rate  | 1,800 TWD (55.80 USD) | 15,000 MNT (4.35 USD) |
IT Support Services Per Hour Rate  | 1,500 TWD (46.50 USD) | 12,000 MNT (3.48 USD) |
Technician Services Per Hour Rate  | 1,200 TWD (37.20 USD) | 10,000 MNT (2.90 USD) |
Professional Services cost 12.19 times more in Taiwan, as compared to Mongolia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Taiwan and Mongolia.
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