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Taiwan

Financial Cost in Taiwan

■ Currency and price of goods

The Taiwanese currency is the New Taiwan dollar (NT$). As of 2014, USD1 = NT$30,11

Utilities expense:
Electricity/Heating/Water/Garbage: NT$ 2,374 for a 85m2 apartment
Home Internet: NT$ 718
Mobile Phone: about NT$6.75 (per minute – pre paid)

Leisure time expenses:
Taxi starts at NT$ 70 + NT$ 20 per kilometer
Movies from NT$ 300

■ Cost of living

Rent on campus NT$ 6,000 to NT$9,996 per semester
Rent off campus NT$ 17,785
Big Mac Set NT$ 123
Water (1,5L) NT$ 31
Meal Set NT$ 87.50
Part-time NT$115 (minimum wage)

■ Entrance fee / Tuition fee

The average tuition fee for Taiwanese public or national university is NT$58,714 and for private universities it is NT$107,360

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