Cost of living in Kinmen
Kinmen, a group of islands governed by Taiwan, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering relocation or extended stay.
This guide provides a detailed breakdown of expenses in Kinmen, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant typically costs $3.07.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a three-course meal for two at a mid-range restaurant, expect to pay around $21.48.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $4.6.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer costs $1.84, imported beer $2.46, cappuccino $3.99, and Coke/Pepsi $1.07.
Grocery Prices
- Milk - Milk is priced at $2.46 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $3.68.
- Eggs (Dozen) - A dozen eggs are priced at $5.52.
- Fruits (e.g., Oranges) - Oranges cost $4.6 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $6.14 per kg, and lettuce costs $1.07 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced at $0.92 per liter.
- Taxi Fares - Taxi fares start at $3.07.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $230.18.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $168.8.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $736.57.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $552.43.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment are not specified in the data provided.
- Internet - Internet costs are not specified in the data provided.
Cost of Living Rankings
The cost of living indices for Taiwan are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Taiwan, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Kinmen offers a relatively low cost of living compared to many urban areas, with affordable dining and housing options.
Transportation costs are minimal, particularly for gasoline, making it economical for those who drive.
Grocery prices are moderate, with some items like potatoes and eggs being more expensive.
Conclusion
Overall, Kinmen presents an affordable living environment, especially for those seeking a balance between modern amenities and cultural experiences.
Potential residents should consider the low housing and transportation costs as significant advantages, while also budgeting for slightly higher grocery expenses.