Do 40,000 yuan cover the cost for the four of us ?

Taiwan(China) FAQ

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4W is less than 900 RMB. Depending on your spending, except for Taipei and Kaohsiung, most places still require cash, and in the cities mentioned above, places like homestays and snacks only accept cash. So it is recommended to have more cash. The cost of living in Taipei is actually not low. If you plan to travel extensively in Taiwan, it is recommended to budget 30,000-40,000 RMB per person.

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