Last update: Oct 2026

Cost of Living Comparison Between Taipei and Canterbury-Bankstown

For one person, living is cheaper in Taipei: $1,368 a month against $2,367 in Canterbury-Bankstown, rent and utilities included – about $12,000 less a year. Rent and utilities account for most of the difference.

67

Cost of Living Index in Taipei
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Taipei Living Index
122

Cost of Living Index in Canterbury-Bankstown
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Canterbury-Bankstown Living Index

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Taipei

🇹🇼 Taiwan

$1,368

/mo nomad

Canterbury-Bankstown

🇦🇺 Australia

$2,367

/mo nomad

Monthly Cost of Living

How much you'll spend in Taipei and in Canterbury-Bankstown

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Taipei and in Canterbury-Bankstown actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,368 in Taipei versus $2,367 in Canterbury-Bankstown.

Taipei $1,368
Canterbury-Bankstown $2,367

Estimated couple costs with rent: $2,202 in Taipei versus $3,621 in Canterbury-Bankstown.

Taipei $2,202
Canterbury-Bankstown $3,621

Monthly costs for a family of three with rent: $3,036 in Taipei versus $4,876 in Canterbury-Bankstown.

Taipei $3,036
Canterbury-Bankstown $4,876

Living in Taipei costs roughly 42% less than in Canterbury-Bankstown, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Taipei 1% above, Canterbury-Bankstown 75% above.

Meal at Budget Restaurant

$4.60 NT$148

$17.67 A$25.31

-73.97%

Three-Course Dinner for Two, Mid-Range

$47.13 NT$1,515

$89.2 A$128

-47.19%

Fast Food Meal (McDonalds, etc)

$5.58 NT$179

$10.41 A$14.91

-46.40%

Cappuccino

$3.45 NT$111

$4.08 A$5.84

-15.44%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.94 NT$30.34

$2.89 A$4.13

-67.47%

Water (0.33 liter bottle)

$0.67 NT$21.55

$2.25 A$3.22

-70.22%

Local Beer (0.5 liter draught)

$2.86 NT$91.9

$7.71 A$11.04

-62.91%

Imported Beer (0.33 liter bottle)

$3.70 NT$119

$7.11 A$10.18

-47.96%

Milk (1 liter)

$3.12 NT$100

$1.73 A$2.48

80.35%

White Bread (500g)

$1.97 NT$63.5

$3.01 A$4.32

-34.55%

Rice (white) (1kg)

$3.16 NT$102

$2.43 A$3.48

30.04%

Eggs

$2.68 NT$86.1

$5.57 A$7.99

-51.89%

Local Cheese (1kg)

$19.90 NT$640

$12.03 A$17.23

65.42%

Chicken Fillets (1kg)

$9.85 NT$317

$9.59 A$13.74

2.71%

Beef Round Steak (1kg)

$21.51 NT$692

$16.99 A$24.34

26.60%

Apples (1kg)

$4.85 NT$156

$4.06 A$5.82

19.46%

Banana (1kg)

$3.25 NT$104

$3.19 A$4.57

1.88%

Oranges (1kg)

$3.03 NT$97.4

$3.36 A$4.81

-9.82%

Tomato (1kg)

$4.53 NT$146

$5.24 A$7.51

-13.55%

Potato (1kg)

$2.79 NT$89.6

$3.13 A$4.49

-10.86%

Onion (1kg)

$2.34 NT$75.2

$2.48 A$3.55

-5.65%

Lettuce (1 head)

$1.68 NT$54.1

$2.38 A$3.41

-29.41%

Water (1.5 liter bottle)

$1.10 NT$35.31

$1.15 A$1.65

-4.35%

Cigarettes 20 Pack (Marlboro, Camel)

$3.80 NT$122

$45.28 A$64.9

-91.61%

Wine (Bottle)

$14.17 NT$456

$14.15 A$20.27

0.14%

Local Beer (0.5 liter bottle)

$1.63 NT$52.5

$4.66 A$6.67

-65.02%

Imported Beer (0.33 liter bottle)

$2.29 NT$73.7

$5.42 A$7.77

-57.75%

One-way Ticket (Public Transport)

$0.65 NT$20.86

$3.21 A$4.60

-79.75%

Public Transport Monthly Pass (Regular Price)

$37.88 NT$1,218

$80.9 A$116

-53.19%

Taxi Start (Normal Tariff)

$2.68 NT$86.1

$3.52 A$5.04

-23.86%

Taxi (Normal Tariff) (1km)

$0.82 NT$26.32

$1.55 A$2.22

-47.10%

Taxi 1hour Waiting (Normal Tariff)

$9.17 NT$295

$40.40 A$57.9

-77.30%

Gasoline (1 liter)

$1.02 NT$32.65

$1.43 A$2.05

-28.67%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$32.8K NT$1.1M

$27.0K A$38.7K

21.31%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.5K NT$788.3K

$29.7K A$42.6K

-17.57%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$87.7 NT$2,819

$185 A$265

-52.62%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.28 NT$556

$27.72 A$39.70

-37.66%

Internet (50+ Mbps, Unlimited Data)

$27.38 NT$880

$54.8 A$78.4

-49.99%

Gym Membership (Monthly)

$40.32 NT$1,296

$56.3 A$80.7

-28.42%

Tennis Court (1 Hour on Weekend)

$15.94 NT$512

$17.38 A$24.90

-8.29%

Cinema Ticket

$9.83 NT$316

$17.47 A$25.03

-43.73%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$663 NT$21.3K

$2,156 A$3,088

-69.26%

International Primary School, 1 Child (Yearly)

$16.6K NT$533.8K

$20.6K A$29.5K

-19.32%

Jeans (Levis 501 Or Similar)

$62.4 NT$2,007

$74.9 A$107

-16.66%

Summer Dress (H&M, Zara, etc)

$39.51 NT$1,270

$69.5 A$99.6

-43.16%

Sport Shoes (Adidas, Nike)

$84.5 NT$2,716

$111 A$159

-23.79%

Men's Leather Business Shoes

$106 NT$3,394

$132 A$190

-20.22%

1-bedroom Apartment, City Center (Monthly)

$999 NT$32.1K

$1,537 A$2,201

-35.01%

1-bedroom Apartment, Outside City Center (Monthly)

$473 NT$15.2K

$1,040 A$1,490

-54.51%

3-bedroom Apartment, City Center (Monthly)

$1,565 NT$50.3K

$2,146 A$3,074

-27.07%

3-bedroom Apartment, Outside City Center (Monthly)

$948 NT$30.5K

$1,839 A$2,634

-48.45%

Buy Apartment in City Center (m2)

$11.9K NT$382.3K

$6,006 A$8,604

97.97%

Buy Apartment Outside City Center (m2)

$7,306 NT$234.9K

$5,599 A$8,020

30.49%

Average Monthly Net Salary (After Tax)

$1,760 NT$56.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

2.4

5.84

-58.90%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Taipei: October 11, 2026

Last update for Canterbury-Bankstown: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Taipei

$473 34.6%

Canterbury-Bankstown

$1K 44% 120% $567

Groceries & Markets

Taipei

$400 29.3%

Canterbury-Bankstown

$394 16.6% 1.7% $6.6

Monthly Utilities & Internet

Taipei

$132 9.7%

Canterbury-Bankstown

$268 11.3% 102% $135

Clothing & Footwear

Taipei

$131 9.6%

Canterbury-Bankstown

$174 7.4% 32.7% $43

Eating Out

Taipei

$123 9%

Canterbury-Bankstown

$295 12.5% 140% $172

Sport & Entertainment

Taipei

$60 4.4%

Canterbury-Bankstown

$91 3.9% 52.2% $31

Getting Around

Taipei

$47 3.5%

Canterbury-Bankstown

$105 4.4% 122% $58

Cost Breakdown

A one-bedroom apartment in the center runs $999 in Taipei and $1,537 in Canterbury-Bankstown. Housing cost is often the main lever when comparing two cities.

Dining out: $47.00 in Taipei vs $89.0 in Canterbury-Bankstown. Groceries flip the comparison at $400 vs $394, with Canterbury-Bankstown cheaper for home cooking.

Good to know

🇹🇼 Taipei

🇦🇺 Canterbury-Bankstown

🕒 Local time

05:19 5:19 AM

08:19 8:19 AM

3 h ahead of Taipei

🌤 Weather

👥 Population

2,635,286 Capital

350,983

💱 Currency

New Taiwan Dollar TWD NT$

Australian Dollar AUD $

📈 Exchange rate

100 TWD = 3.11 USD

100 TWD = 2.78 EUR

1 AUD = 0.698 USD

1 AUD = 0.624 EUR

Exchange rates and currency converter

AUD, USD, EUR to TWD – New Taiwan Dollar Converter

🇺🇸 United States Dollar ($)

🇹🇼 New Taiwan Dollar (NT$)

New Taiwan Dollar exchange rates as of October 13, 2026: 1 USD = 32.15 TWD (100 TWD = 3.11 USD). 1 EUR = 35.98 TWD (100 TWD = 2.78 EUR).

Australian Dollar exchange rates as of October 13, 2026: 1 USD = 1.43 AUD (1 AUD = 0.698 USD). 1 EUR = 1.6 AUD (1 AUD = 0.624 EUR).

USD to TWD in detail →

On the map

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Between locations

Taipei Canterbury-Bankstown 7,260 km ≈ 10 h nonstop flight

From you

Taipei
Canterbury-Bankstown

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Taipei vs Canterbury-Bankstown: Cost of Living - Frequently Asked Questions

Taipei and Canterbury-Bankstown differ by about 73% in total monthly costs ($1,368 vs $2,367 including rent). Taipei is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $2,052 in Taipei and $3,551 in Canterbury-Bankstown to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $999 in Taipei versus $1,537 in Canterbury-Bankstown. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Taipei – a meal for two runs $47.00 versus $89.0 in Canterbury-Bankstown. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,368 per month in Taipei versus $2,367 in Canterbury-Bankstown – a 73% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,368 in Taipei versus $2,367 in Canterbury-Bankstown, a $1,500 budget is realistic in Taipei but tight or insufficient in Canterbury-Bankstown. The gap between the two cities makes Taipei the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Taipei and Canterbury-Bankstown are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Taipei gentler on the wallet – expenses run 73% less than in Canterbury-Bankstown. Beyond cost, consider language, visa policies, and how big the international community is in each city.