Salary, Benefits and cost of living
With high wages and a low cost of living, you’ll be impressed with how much you can make and save working as an English teacher in Taiwan. Different factors can affect your salary, for example what kind of school you want to work at, how much previous teaching experience you have, and whether or not you have a TEFL qualification.
That said, even brand-new TEFL teachers will find they make enough to live a comfortable life on Taiwan’s affordable shores. Let's look at what it's like to teach English in Taiwan from a financial perspective
Salary
Exactly how much can you make teaching English in Taiwan? As a guide, the basic monthly salary for a full-time ESL teacher is likely to be in the region of NT$50,000 – NT$65,000 (£1,335 – £1,735 / $1,700 – $2,220) per month.
Meanwhile, those hoping to boost their monthly salaries with a few extra private/freelance lessons can charge in the region of NT$700 to NT$1,000 per hour (£19 – £27 / $24 – $34).
Factors like prior teaching experience or holding a TEFL certification will give you better negotiating power when it comes to discussing salary for potential teaching positions. Teaching in Taiwan can actually be quite lucrative, with experienced teachers being able to command high salaries, year-on-year wage increases and some teachers even go on to open their own private language schools.
For more information about English teaching salaries, you can learn more here.
Benefits
Across teaching programmes and permanent employment contracts, Taiwanese teaching jobs are known to offer really impressive benefits. Teaching English in Taiwan really does come with perks!While every contract is different, there are common benefits that typically go on offer to Taiwanese teachers. These can include flight reimbursement for economy class flights to Taiwan, rental assistance, performance bonuses (one month’s pay after a year of high-performance teaching is quite common!), health insurance and accident cover.
Additionally, teaching programmes often include extras like team-building exercises and away days, as well as Mandarin classes.Clearly, these benefits are dependent on your employer, but it’s fair to say that incentives are common for Taiwanese teaching jobs.
Cost of living
Taiwan is one of the most affordable countries in Asia, especially when you compare the cost of living to the average wages English teachers can make.
Rent will usually be the biggest expense, with some teachers choosing to share to keep their monthly outgoings low. Living costs will be higher in some places, mainly in Taipei city, but even here it’s possible to spend very little if you live like a local and forgo Western bars and restaurants.
If you choose to live in Taipei, for example, how much does it cost? According to Numbeo, a typical one-bedroom apartment in central Taipei costs $660/£510 per month to rent, while a three-bedroom apartment in the city centre will usually cost $1,585/£1,240 per month. Rental costs reduce dramatically outside of the city centre - a one-bedroom apartment is usually about a third cheaper in suburban Taipei. Meanwhile, a three-bedroom apartment rental cost drops to approximately $1,070/£838!
Basic utilities cost about $100/£79 per month all-in, and a meal for two at a mid-priced restaurant is around $38/£30.