I might be moving to Taiwan with my family and I want to know how livable our budget will be. The monthly salary will be 186,000 TWD before taxes. I would like to save about 24,000 TWD for retirement investments. I am wondering if that’s feasible for a family of three. I have visited Taiwan as tourist before, but I was never thinking of budgeting for living.
Here’s what I am wondering:
Rent for a two-bedroom apartment: It doesn’t have to be sparkling and new, but we would something that won’t collapse during a quake. It would need a decent kitchen space.
Cell phones: As I recall, I used to get a SIM for about 500 TWD a month for unlimited 4G, or maybe it was 799 TWD.
Food: One of us has a food allergy, so we don’t eat out much as a family. That person lives off of tofu, rice, and veggies. We know we can get GF flour from Jason’s–at a price. I’m vegetarian and I lived off of pay-by-weight vegan buffets when I visit.
Education: The kid is homeschooled, but I would like to enroll him in Chinese lessons.
Internet: I have no idea what that costs.
transport: Seems like busses are free up to 10k in Taichung with an EasyCard. How difficult would it be to get by sans scooter? I see a metro is going to be up an running soonish.
Utilities What’s the range that people have experienced?
I generally don’t go out too often to bars and enjoy Taiwan beer well enough. My family’s clothes are mostly second-hand or from Uniqlo. Our only splurge is usually an expensive computer or a vacation. We generally buy mid-price cell phones and use them until they die. We don’t like to carry a lot of debt.
Any insight would be helpful. Thanks!