High value
Taipei, TW
Balanced market
Minneapolis, MN

Taipei wins overall by ~41% (COL index)

Cost of living: Taipei vs Minneapolis (2026)

A $75,000 salary in Taipei buys roughly what $126,190 does in Minneapolis (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices โ€” we break them down and personalize below.

๐Ÿ’ฐ5.0% vs 9.9% state tax ยท ~$3,672/yr take-home gap
๐Ÿ 59% rent gap (~$12,000/yr)
๐Ÿ›’Groceries index in table below

Your move simulator

Tell us about your household โ€” we calculate your real annual savings.

๐Ÿ’ต Household income (before tax)$75K
$40K$600K+
๐Ÿ  Apartment size
๐Ÿš— Cars in household
Taipei
$4,428/mo
take-home pay
Minneapolis
$4,122/mo
take-home pay

Estimated annual swing

+$19,512/yr

Favoring Taipei for this income & household (illustrative).

With the extra $1,626/mo, you could pay down a $15,000 card balance in ~10 months and still keep ~$195/mo for dining out.

HousingTaxesGroceries
Taipei
Minneapolis
๐Ÿ  HousingQ1 2026

Studio rent/mo

$520โœ“ better
$1,300
Taipei saves $780/mo
๐Ÿ’ฐ $9,360/yr in Taipei

1BR rent/mo

$700โœ“ better
$1,700
Taipei saves $1,000/mo
๐Ÿ’ฐ $12,000/yr in Taipei

2BR rent/mo

$1,100โœ“ better
$2,200
Taipei saves $1,100/mo
๐Ÿ’ฐ $13,200/yr in Taipei

Median home price

โ€”
$320K
๐Ÿ›’ Food & GroceriesQ1 2026

Groceries index (100 = US avg)

โ€”
103

Budget meal (1 person)

$5โœ“ better
$15
Taipei saves $10/mo

Mid-range dinner (2)

$28โœ“ better
$60
Taipei saves $32/mo
๐Ÿ’ฐ $384/yr in Taipei
๐ŸšŒ TransportationQ1 2026

Monthly transit pass/mo

โ€”
$95

Gas price/gal

โ€”
$3.30

Car insurance/mo

โ€”
$145
โšก UtilitiesQ1 2026

Monthly utilities bundle/mo

$60โœ“ better
$195
Taipei saves $135/mo
๐Ÿ’ฐ $1,620/yr in Taipei

Internet/mo

$20โœ“ better
$65
Taipei saves $45/mo
๐Ÿ’ฐ $540/yr in Taipei
๐Ÿ’ฐ Income & TaxesQ1 2026

Median household income/yr

โ€”
$75K

State income tax%

5.0%โœ“ better
9.9%
Taipei saves 4.9 pp
๐Ÿ’ฐ $3,675/yr in Taipei

Sales tax (combined)%

5.0%โœ“ better
8.0%
Taipei saves 3.0 pp
๐ŸŽฌ LeisureQ1 2026

Movie ticket

โ€”
$15.00

Gym membership/mo

$40โœ“ better
$45
Taipei saves $5/mo

Beer at restaurant

โ€”
$7.00
๐Ÿ“Š OverviewQ1 2026

Overall COL index (100 = US avg)

63โœ“ better
106
Taipei saves 43

Walk score / 100

80โœ“ better
70
Taipei earns -10

Complete the Picture

While youโ€™re comparing โ€” donโ€™t leave money on the table.

๐Ÿ’ฐ

Tax-smart rewards

Turn ~$3,672/yr tax difference into cash back

Taipei fits your move math โ€” cash-back cards stack on groceries, gas, and dining you're already doing.

See top cash-back cards
๐Ÿ›ก๏ธ

Home + auto bundle

New state โ€” new insurance rates

Bundling often saves hundreds/yr. Compare before you sign a lease in Taipei.

Browse insurance
๐Ÿฆ

High-yield savings

Park ~$12,000/yr rent savings at 4โ€“5%+ APY

Don't let relocation cash sit at 0% โ€” put it to work until closing day.

Compare savings rates

Ready to move?

Open the full interactive tool to add up to 5 cities, drop in your salary, and see rent burden.

Open full interactive tool

Complete the Picture

While youโ€™re comparing โ€” donโ€™t leave money on the table.

๐Ÿ“‰

If cash is tight

Knock down high-interest debt first

A move has upfront costs โ€” a balance transfer or personal loan can lower APR while you settle in.

Compare loans
๐Ÿ“ˆ

If you're saving big

Invest the surplus on autopilot

Brokerages and robo-advisors help you dollar-cost average into the market with your new slack.

See investing options

Frequently asked questions

Is Taipei cheaper than Minneapolis?

Yes. Taipei is 41% cheaper than Minneapolis based on overall cost of living indices (63 vs 106, where 100 = US average).

What is the average rent in Taipei vs Minneapolis?

As of Q1 2026, the median 1-bedroom rent in Taipei is $700/month and in Minneapolis is $1,700/month. Taipei is cheaper by 59%.

How much do I need to earn in Minneapolis to match a $75,000 salary in Taipei?

To maintain a similar lifestyle, you would need approximately $126,190/year in Minneapolis to match a $75,000 salary in Taipei. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Taipei or Minneapolis?

Taipei has the lower state income tax rate at 5% vs 9.9%. The difference is 4.9 percentage points. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Taipei to Minneapolis?

It depends on your priorities. Taipei offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

Planning a move?

Salary equivalent: Taipei โ†” Minneapolis

How much would you need to earn in Minneapolis to match your Taipei purchasing power?

Related comparisons