Taipei Travel Tips | How Expensive Is Taipei, Taiwan?

How expensive is Taipei? In our Taipei travel tips guide to Taiwan we cover arriving from the airport, accommodations, local transportation and free attractions in the city. We explore what to see and do and local must eats including what we loved about Taipei along with what we hated about Taipei. Now let's explore the cost of travel in Taipei, Taiwan in depth!
Official Exchange Rate: $1 USD = 31.53 New Taiwan Dollar (current as of January, 2017)
Check out our 30 things to do in Taipei travel guide =
Arriving from the International Airport in Taipei:
1) Express airport buses (NT$120 and NT$150 = S4 to $5 USD)
2) High Speed Rail (NT$165 = approximately $6 USD)
3) Airport shuttle (TWD 350 = $11 USD)
4) Taxi ride ( NT$900-$1200 = approximately $30 to $40 USD)
Accommodations in Taipei:
1) Hostel in Taipei - ($12 to $20 USD)
2) 2 star or 3 star Hotel in Taipei - ($40 to $120 USD)
3) AirBnB in Taipei or apartment in Taipei (rental) - ($40-120 for entire flat)
In our opinion it doesn't matter where in Taipei you stay as long as you're within walking distance from a Taipei Metro Station (MRT).
Local Transportation around Taipei:
MRT Metro in Taipei with an EasyCard giving you a 20% discount on single rides starting at 16 Taiwan Dollars = roughly 50 cents USD and can go as high as 60 NTD depending on how far you go.
The EasyCard costs only NT$100 (just over $3 USD) and can be used for the MRT, certain museums, the Maokong Gondola and public bicycles.
One Day Pass is NT$200 for unlimited Taipei Metro travel.
Taipei Free Attractions (Free things to do in Taipei):
1) Views of Taipei from Elephant Hill
2) Night markets in Taipei
3) Chiang Kai Shek Memorial
4) Beitou Hot Springs
5) Longshan Temple
Things to do in Taipei (Taipei must see):
1) Taipei 101 - Adult ticket is NT$600 =under $20 USD
2) Maokong Gondola - NT 120 = $4 USD each way
3) Taiwanese Food (restaurants and street food) - Various prices
What to eat in Taipei (Taiwanese food):
1) Night Markets for street food - 20-150 NTD = less than a dollar up to five dollars UDS
2) Din Tai Fung = $7 to $12 USD per person
3) Cheap Meal - $2-4 dollars USD (example - Beef Noodle Soup)
Things we LOVED about Taipei (I love Taipei):
1) Taiwanese Street Food and Taipei Night Markets
2) Proximity to nature - many easy day trips away from the city centre
3)Awesome metro system = Taipei MRT is your friend :)
4) Friendly and helpful locals
5) Foodie Scene (inexpensive and tasty local eats)
Things we HATED about Taipei (I hate Taipei):
1) Weather (lots of rain) in the supposed dry season. Highly subjective and our bad luck
2) Rush hour for taking the MRT (it gets really crowded at times)
Final Thoughts:
We absolutely loved our time traveling to Taipei, Taiwan and would recommend visiting the city to everyone. We found plenty of things to do in the downtown core and outside of the city centre and we're not exaggerating by saying we think Taipei is the Foodie Capital of Asia.
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Taipei Travel Tips | How Expensive Is Taipei, Taiwan? Transcript:
This is part of our Travel in Taiwan video series showcasing Taiwanese food, Taiwanese culture and Taiwanese cuisine.
Music in this video courtesy of Audio Network