Plan Your Trip
Taipei Budget Guide
Taipei is one of Asia's most affordable cities. Here's how to stretch your money without missing out.
Daily Cost Breakdown
| Category | Budget | Mid-Range | Luxury |
|---|---|---|---|
| Budget Hostel | NT$400 | NT$700 | NT$1,200 |
| Mid-Range Hotel | NT$1,500 | NT$2,500 | NT$4,000 |
| Luxury Hotel | NT$4,000 | NT$6,000 | NT$10,000+ |
| Street Food Meal | NT$80 | NT$150 | NT$300 |
| Restaurant Meal | NT$200 | NT$400 | NT$800 |
| MRT/Bus Day | NT$60 | NT$100 | NT$200 |
| Attractions | NT$0 | NT$200 | NT$500 |
| Shopping/Souvenirs | NT$0 | NT$500 | NT$2,000 |
Sample Budgets
Backpacker
Hostel, street food, MRT, free attractions
NT$1,200-1,800/day
Comfort
Mid-range hotel, mix of street food and restaurants, MRT + taxis
NT$3,000-5,000/day
Luxury
5-star hotel, fine dining, private tours, shopping
NT$8,000-15,000/day
Money-Saving Tips
- Exchange money at banks or ATMs for better rates than airports
- Use an EasyCard for transport discounts
- Eat at night markets for cheap and delicious meals
- Take advantage of free attractions — temples, parks, hiking
- Buy a Taipei Pass if doing lots of sightseeing
- Tipping is not expected in Taiwan — save your cash
- Use LINE Pay or EasyCard at chains for convenience
- Many museums are free on certain days — check schedules
Free Things to Do
Frequently Asked Questions
How much should I budget per day in Taipei?
Budget travelers can manage on NT$1,200-1,800 per day with hostels and street food. Comfortable travel costs NT$3,000-5,000 with mid-range hotels and a mix of dining options. Luxury travel starts at NT$8,000+ per day.
Where is the best place to exchange currency in Taipei?
ATMs offer the best exchange rates and are available everywhere, including at the airport. Banks also offer competitive rates. Avoid exchanging at hotels or small shops as the rates are typically worse.
Do I need to tip in Taipei?
No, tipping is not expected in Taiwan. Service charges are often included in restaurant bills. Taxi drivers do not expect tips. If you receive exceptional service, a small tip is appreciated but never required.
How can I save money on food in Taipei?
Night markets are the best value — you can eat well for NT$100-200 per meal. Convenience stores (7-11, FamilyMart) also offer affordable hot meals. Avoid restaurants in tourist-heavy areas like Taipei 101.
Is Taipei cheaper than other Asian cities?
Yes, Taipei is one of the most affordable major cities in East Asia. It is generally cheaper than Tokyo, Seoul, Hong Kong, and Singapore. Food, transport, and accommodation all offer excellent value.
Continue Planning
Ready to save more? Check out our free things to do guide and packing list.