Last update: Oct 2026

Cost of Living Comparison Between Taipei and Penrith

For one person, living is cheaper in Taipei: $1,368 a month against $2,604 in Penrith, rent and utilities included – about $14,800 less a year. Rent and utilities account for most of the difference.

Taipei
🇹🇼 Taiwan
$1,368
/mo nomad
Penrith
🇦🇺 Australia
$2,604
/mo nomad
Monthly Cost of Living

How much you'll spend in Taipei and in Penrith

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 Penrith actually costs, broken down by who's living it.

A single person spends $1,368 per month in Taipei vs $2,604 in Penrith, rent included.

  • Taipei $1,368
  • Penrith $2,604

A couple spends around $2,202 per month in Taipei vs $3,652 in Penrith, rent included.

  • Taipei $2,202
  • Penrith $3,652

A family of three spends $3,036 per month in Taipei vs $4,701 in Penrith, rent included.

  • Taipei $3,036
  • Penrith $4,701

Taipei is about 47% cheaper than Penrith, and outside of rent the biggest gap is in eating out.

Both Taipei and Penrith sit above the global median – Taipei by 1%, Penrith by 93%.

Currency
🍽 Eating Out
Taipei
Penrith
Difference
Meal at Budget Restaurant
$4.60 NT$148
$21.03 A$30.13
-78.13%
Three-Course Dinner for Two, Mid-Range
$47.13 NT$1,515
$89.7 A$128
-47.43%
Fast Food Meal (McDonalds, etc)
$5.58 NT$179
$10.56 A$15.12
-47.16%
Cappuccino
$3.45 NT$111
$2.04 A$2.92
69.12%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.94 NT$30.34
$3.16 A$4.52
-70.25%
Water (0.33 liter bottle)
$0.67 NT$21.55
$2.56 A$3.67
-73.83%
Local Beer (0.5 liter draught)
$2.86 NT$91.9
$8.57 A$12.27
-66.63%
Imported Beer (0.33 liter bottle)
$3.70 NT$119
$4.96 A$7.10
-25.40%
🛒 Groceries & Markets
Taipei
Penrith
Difference
Milk (1 liter)
$3.12 NT$100
$1.57 A$2.25
98.73%
White Bread (500g)
$1.97 NT$63.5
$3.32 A$4.76
-40.66%
Rice (white) (1kg)
$3.16 NT$102
$2.54 A$3.64
24.41%
Eggs
$2.68 NT$86.1
$5.16 A$7.39
-48.06%
Local Cheese (1kg)
$19.90 NT$640
$13.08 A$18.73
52.14%
Chicken Fillets (1kg)
$9.85 NT$317
$9.74 A$13.95
1.13%
Beef Round Steak (1kg)
$21.51 NT$692
$15.40 A$22.06
39.68%
Apples (1kg)
$4.85 NT$156
$3.93 A$5.62
23.41%
Banana (1kg)
$3.25 NT$104
$3.08 A$4.41
5.52%
Oranges (1kg)
$3.03 NT$97.4
$3.50 A$5.01
-13.43%
Tomato (1kg)
$4.53 NT$146
$5.31 A$7.61
-14.69%
Potato (1kg)
$2.79 NT$89.6
$3.17 A$4.54
-11.99%
Onion (1kg)
$2.34 NT$75.2
$2.80 A$4.00
-16.43%
Lettuce (1 head)
$1.68 NT$54.1
$2.48 A$3.56
-32.26%
Water (1.5 liter bottle)
$1.10 NT$35.31
$1.34 A$1.92
-17.91%
Cigarettes 20 Pack (Marlboro, Camel)
$3.80 NT$122
$45.42 A$65.1
-91.63%
Wine (Bottle)
$14.17 NT$456
$14.07 A$20.15
0.71%
Local Beer (0.5 liter bottle)
$1.63 NT$52.5
$4.62 A$6.62
-64.72%
Imported Beer (0.33 liter bottle)
$2.29 NT$73.7
$5.64 A$8.08
-59.40%
🚌 Getting Around
Taipei
Penrith
Difference
One-way Ticket (Public Transport)
$0.65 NT$20.86
$3.17 A$4.55
-79.50%
Public Transport Monthly Pass (Regular Price)
$37.88 NT$1,218
$78.5 A$112
-51.73%
Taxi Start (Normal Tariff)
$2.68 NT$86.1
$4.11 A$5.89
-34.79%
Taxi (Normal Tariff) (1km)
$0.82 NT$26.32
$1.57 A$2.25
-47.77%
Taxi 1hour Waiting (Normal Tariff)
$9.17 NT$295
$42.63 A$61.1
-78.49%
Gasoline (1 liter)
$1.02 NT$32.65
$1.18 A$1.69
-13.56%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$32.8K NT$1.1M
$27.1K A$38.8K
21.12%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.5K NT$788.3K
$30.0K A$43.0K
-18.31%
🧾 Monthly Utilities & Internet
Taipei
Penrith
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$87.7 NT$2,819
$183 A$262
-52.01%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$17.28 NT$556
$26.16 A$37.48
-33.94%
Internet (50+ Mbps, Unlimited Data)
$27.38 NT$880
$55.4 A$79.3
-50.57%
🎉 Sport & Entertainment
Taipei
Penrith
Difference
Gym Membership (Monthly)
$40.32 NT$1,296
$51.0 A$73.1
-20.94%
Tennis Court (1 Hour on Weekend)
$15.94 NT$512
$17.66 A$25.30
-9.74%
Cinema Ticket
$9.83 NT$316
$15.88 A$22.75
-38.10%
🧸 Childcare & Education
Taipei
Penrith
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$663 NT$21.3K
$2,390 A$3,424
-72.27%
International Primary School, 1 Child (Yearly)
$16.6K NT$533.8K
$19.9K A$28.5K
-16.63%
👕👟 Clothing & Footwear
Taipei
Penrith
Difference
Jeans (Levis 501 Or Similar)
$62.4 NT$2,007
$75.3 A$108
-17.09%
Summer Dress (H&M, Zara, etc)
$39.51 NT$1,270
$56.1 A$80.4
-29.60%
Sport Shoes (Adidas, Nike)
$84.5 NT$2,716
$108 A$154
-21.62%
Men's Leather Business Shoes
$106 NT$3,394
$134 A$192
-21.36%
🏠 Accommodation & Living
Taipei
Penrith
Difference
1-bedroom Apartment, City Center (Monthly)
$999 NT$32.1K
$1,371 A$1,964
-27.19%
1-bedroom Apartment, Outside City Center (Monthly)
$473 NT$15.2K
$1,289 A$1,847
-63.29%
3-bedroom Apartment, City Center (Monthly)
$1,565 NT$50.3K
$2,142 A$3,068
-26.91%
3-bedroom Apartment, Outside City Center (Monthly)
$948 NT$30.5K
$1,686 A$2,416
-43.79%
Buy Apartment in City Center (m2)
$11.9K NT$382.3K
$4,992 A$7,152
138.18%
Buy Apartment Outside City Center (m2)
$7,306 NT$234.9K
$4,361 A$6,247
67.54%
💵 Salaries & Financials
Taipei
Penrith
Difference
Average Monthly Net Salary (After Tax)
$1,760 NT$56.6K
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
2.4
5.95
-59.66%

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

Last update for Taipei: October 11, 2026

Last update for Penrith: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Taipei
$473
Penrith
$1.3K 172% $816
Groceries & Markets
Taipei
$400
Penrith
$396 1.1% $4.3
Monthly Utilities & Internet
Taipei
$132
Penrith
$264 99.7% $132
Clothing & Footwear
Taipei
$131
Penrith
$168 27.9% $37
Eating Out
Taipei
$123
Penrith
$300 144% $177
Sport & Entertainment
Taipei
$60
Penrith
$83 38% $23
Getting Around
Taipei
$47
Penrith
$103 118% $56

Cost Breakdown

A central one-bedroom costs $999 in Taipei versus $1,371 in Penrith. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $47.00 in Taipei versus $90.0 in Penrith. Groceries tell a different story – $400 in Taipei vs $396 in Penrith – so Penrith wins on supermarket bills even if dining out costs more.

Good to know
🇹🇼 Taipei
🇦🇺 Penrith
🕒 Local time
05:10 5:10 AM
08:10 8:10 AM
3 h ahead of Taipei
🌤 Weather
👥 Population
2,635,286 Capital
13,343
💱 Currency
Exchange rates and currency converter

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

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).

On the map
Between locations
  • Taipei Penrith 7,230 km ≈ 10 h nonstop flight
From you
  • Taipei
  • Penrith

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 Penrith: Cost of Living - Frequently Asked Questions
Which city is more expensive, Taipei or Penrith?
Penrith costs about 90% more than Taipei, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.
How much do you need to earn to live comfortably in Taipei and in Penrith?
For a comfortable life, plan on about $2,052 per month in Taipei and $3,905 in Penrith. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, Taipei or Penrith?
Rent is clearly cheaper in Taipei, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How expensive is transport in Taipei compared to Penrith?
Public transport costs about 107% less in Taipei. For daily commuters, that gap adds up to noticeable savings over a year.
How do childcare costs compare in Taipei and in Penrith?
Kindergarten costs $663 per month in Taipei and $2,390 in Penrith. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Can you live on $1,500/month in Taipei or in Penrith?
A $1,500 monthly budget goes further in Taipei, where all-in costs run around $1,368, than in Penrith at $2,604. In Taipei it covers expenses comfortably, while in Penrith it requires careful planning or may not stretch far enough.
Which city is better for families?
Families tend to lean toward Taipei – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
How safe is Taipei compared to Penrith?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Should I move to Taipei or to Penrith?
If budget matters most, go with Taipei. If higher salaries, better infrastructure, or specific career opportunities are the priority, Penrith makes more sense. Both are solid long-term options with distinct trade-offs.

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