The location factor for Taiwan is 1.03, based on national living costs.
This means a NT$2,070,511 per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to NT$2,144,457.
It would be NT$1,164,702 based on market rates, NT$1,206,299 with taxes paid in Germany.
You can also start a calculation based on Taiwan.
|Chosen Factor||1.03 1.07*|
|Market Rates||0.58 0.60*|
|Consumer Price Index||0.75 0.77*|
|Rent Index*||0.63 0.66*|
|Consumer Price Plus Rent Index||0.72 0.75*|
|Groceries Index||1.03 1.07*|
|Restaurant Price Index*||0.38 0.40*|
|Local Purchasing Power Index*||0.62 0.65*|
|Buffer Location Bracket*||C or B|
|Currency||Taiwan Dollar (TWD)|
|Income Tax*||6% to 40%|
Locations in Taiwan
|Taichung||1.29 1.34*||Living Costs|
|Taipei||0.89 0.92*||Living Costs|