Location Factors

Taiwan

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.

Name 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%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on PayScale. Living costs based on Numbeo.

Locations in Taiwan

City Factor Based On
Taichung 1.29 1.34* Living Costs
Taipei 0.89 0.92* Living Costs
create calculation* If taxes paid in Germany instead.