Cost Comparison 2025

TaipeivsSingapore

Taiwan
Singapore

Overall

💰

+46.2%

Taipei is 46.2%more expensive

Rent

🏠

+125.0%

Housing is 125.0% higher

Dining

🍽️

+45.5%

Restaurants 45.5% pricier

Groceries

🛒

+13.3%

Food shopping 13.3% more

Comparing the cost of living between Taipei, Taiwan and Singapore, Singapore reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Taipei is more expensive than Singapore by approximately 46.2%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Taipei are lower than in Singapore by 56%. A one-bedroom apartment in Taipei's city center costs around NT$25,000, while the same in Singapore is approximately SGD 3,500.

Dining out in Taipei offers significant savings compared to Singapore. An inexpensive restaurant meal costs NT$120 in Taipei versus SGD 15 in Singapore.

Public transportation in Taipei is more expensive, with monthly passes at NT$1,280 compared to SGD 120 in Singapore.

Purchasing power in Singapore is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Taipei.

Grocery shopping in Taipei is more affordable by approximately 12%. Basic items like milk, bread, and eggs show lower prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Taipei can expect to spend approximately NT$9,880 per month (excluding rent), while in Singapore, the same lifestyle would cost around SGD 777. For families, these figures increase significantly, with a family of four requiring about NT$34,580 monthly in Taipei versus SGD 2,720 in Singapore. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Taipei, Taiwan
Singapore, Singapore

🏠 Housing Costs (Monthly Rent)

1BR City Center
NT$25,000
SGD 3,500
1BR Outside Center
NT$15,000
SGD 2,500
3BR City Center
NT$50,000
SGD 7,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
NT$120
SGD 15
Meal for 2, Mid-range Restaurant
NT$800
SGD 100
Cappuccino
NT$120
SGD 6
Domestic Beer (0.5L)
NT$80
SGD 10

🛒 Groceries

Milk (1L)
NT$95
SGD 3
Bread (500g)
NT$50
SGD 3
Eggs (12)
NT$80
SGD 4
Cheese (1kg)
NT$600
SGD 20

🚌 Transportation

One-way Ticket
NT$25
SGD 2
Monthly Pass
NT$1,280
SGD 120
Taxi Start
NT$85
SGD 4
Gasoline (1L)
NT$32
SGD 3

💡 Utilities & Internet

Basic Utilities (85m²)
NT$2,500
SGD 200
Internet (60 Mbps)
NT$900
SGD 50
Mobile Minute
NT$5
SGD 0

Tips for Moving Between Cities

For those considering a move from Taipei to Singapore, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Singapore to Taipei requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Taipei

Cost of Living Index65
Rent Index40
Purchasing Power Index70

Singapore

Cost of Living Index95
Rent Index90
Purchasing Power Index100

Frequently Asked Questions

Is Taipei more expensive than Singapore?

Yes, Taipei is approximately 46.2% more expensive than Singapore overall. The biggest differences are in housing and restaurant prices.

How much salary do I need in Taipei compared to Singapore?

To maintain the same standard of living, you would need approximately 1.5x of your Singapore salary when living in Taipei. For example, if you earn $50,000 in Singapore, you'd need about $73,077 in Taipei for a comparable lifestyle.

What are the biggest cost differences between Taipei and Singapore?

The most significant cost difference is in housing. Rent prices differ by approximately 56%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Singapore offers better purchasing power, making it more attractive for those earning in strong currencies. However, Singapore provides lower living costs, which benefits budget-conscious travelers. Consider Taipei if you prioritize cultural experiences, or Singapore for better value.

What's a reasonable monthly budget for Taipei vs Singapore?

In Taipei, a single person needs approximately NT$24,880 per month (including rent), while a family of four requires about NT$64,580. In Singapore, these figures are SGD 3,277 for singles and SGD 7,220 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Taipei and Singapore in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Singapore to maintain your lifestyle from Taipei

Calculate Salary Equivalence

Last updated: 2025-01-28 • Data sourced from multiple providers