Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
Taipei is easier to travel (1.8 vs 2.4). Biggest gap: language โ Shanghai 4 vs Taipei 3. Closer to 1 is easier. Difficulty ranking โบ
| Item | Shanghai | Taipei | Cheaper |
|---|---|---|---|
| Local mealper person | ยฅ 35$4.93 | NT$ 130$4.13 | Taipei โ16% |
| Street food1 item | ยฅ 15$2.11 | NT$ 70$2.22 | Shanghai โ5% |
| Restaurant dinnerper person | ยฅ 110$15.5 | NT$ 500$15.9 | similar |
| Coffeeone cup | ยฅ 28$3.94 | NT$ 130$4.13 | similar |
| Beerone bottle | ยฅ 30$4.23 | NT$ 150$4.76 | Shanghai โ11% |
| Cocktail & wineone cup | ยฅ 85$12 | NT$ 350$11.1 | Taipei โ7% |
| Bottled water | ยฅ 3$0.42 | NT$ 25$0.79 | Shanghai โ47% |
| Convenience store1 snack or drink | ยฅ 5$0.7 | NT$ 30$0.95 | Shanghai โ26% |
| Taxi5 km in town | ยฅ 20$2.82 | NT$ 190$6.03 | Shanghai โ53% |
| Tuk-tuk / moto taxishort hop | ยฅ 16$2.25 | NT$ 115$3.65 | Shanghai โ38% |
| Transitone ride | ยฅ 4$0.56 | NT$ 20$0.63 | Shanghai โ11% |
| Scooter rentalper day | ยฅ 15$2.11 | NT$ 500$15.9 | Shanghai โ87% |
| Hotel night3-star | ยฅ 500$70.4 | NT$ 2,500$79.4 | Shanghai โ11% |
| Studio rent (month) | ยฅ 6,000$845 | NT$ 22,000$698 | Taipei โ17% |
| Laundry | ยฅ 14$1.97 | NT$ 120$3.81 | Shanghai โ48% |
| SIM card1 week data | ยฅ 100$14.1 | NT$ 450$14.3 | similar |
| Haircutcut | ยฅ 60$8.45 | NT$ 300$9.52 | Shanghai โ11% |
| Massage1 hour | ยฅ 200$28.2 | NT$ 1,000$31.7 | Shanghai โ11% |
| Half-day tourper person | ยฅ 250$35.2 | NT$ 1,500$47.6 | Shanghai โ26% |
| Entry ticketTourist town | ยฅ 120$16.9 | NT$ 350$11.1 | Taipei โ34% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
Shanghai and Taipei cost about the same. Daily budget $118 vs $134; a month $2,712 vs $2,435.
Taipei is easier: Taipei 1.8/5 vs Shanghai 2.4/5 (average of rip-offs, language, transport, payments and safety).
With a short-term studio and living costs, Shanghai is about $2,712 and Taipei about $2,435 per month.
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.