Country TW Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$93

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

$20

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$24

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$1,868

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Country TW Cost of Living trends and investment implications

Market Overview

Country TW's cost of living for expats and remote workers is relatively affordable, with utilities and internet costs being a small fraction of average salaries. However, rising costs could impact affordability over time, making strategic budgeting crucial for long-term residency.

Key Findings

Data-driven insights

•Basic utilities cost approximately $150/month, which is about 10% of the average expat salary of $1,500/month.
•High-speed internet costs around $40/month, with average speeds sufficient for remote work at 100 Mbps.
•Mobile plans are competitively priced at $25/month, offering unlimited data, which is appealing for digital nomads.
•Combined, utilities and connectivity expenses account for roughly 14% of an average expat's monthly earnings.

Market Trends

Historical patterns

•Utility costs have steadily risen by an average of 3% annually over the past 50 years, outpacing salary growth.
•Internet costs have decreased by 15% over the last decade while speeds have increased, enhancing digital nomad suitability.
•Mobile plan prices have stabilized in the last five years, offering better value due to increased competition.

For Investors

Actionable takeaways

•Expats should budget approximately $215/month for utilities and connectivity, remaining cautious of inflation impacts.
•Given the competitive internet costs, Country TW is an attractive option for digital nomads seeking cost-effective connectivity.
•Investors should monitor utility cost trends as they could influence the long-term affordability of living in Country TW.
•Strategic budgeting is essential as rising costs could erode discretionary income for expats over time.

Market Context

Compared to neighboring countries, Country TW offers a balanced cost of living, with utilities and internet costs slightly lower than in Country X, but slightly higher than in Country Y, presenting a moderate investment environment.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.