🇹🇼 Taipei · TWD salary guide
Is NT$70,000 enough in Taipei?
A full breakdown of whether NT$70,000/month covers the cost of living in Taipei — including take-home pay after tax, monthly costs, your savings rate, and how long until financial independence.
📊 A 6% savings rate means reaching financial independence in roughly 48 years. To accelerate: increase income, reduce rent (your largest cost at NT$25,000/month), or plan to spend retirement in a lower-cost location.
Key facts about Taipei
Seriously underrated city with reasonable costs, excellent food, world-class healthcare, and a strong tech sector (TSMC, MediaTek, etc).
Tax situation
Income tax effective roughly 18-20% for mid-range salaries. Taiwan has a progressive system up to 40%.
Best investment accounts
Fubon or Cathay for domestic investments. IBKR for internationally diversified ETF portfolios.
Your path to financial independence in Taipei
FIRE number for TaipeiBased on average costs of NT$54000/month, your financial independence number is NT$16,200,000 — the portfolio that covers your costs indefinitely at a 4% annual withdrawal.