This work was aimed at developing a practical and simple settlement estimation of shallow foundation on liquefiable deposits. The study conducted a centrifuge test, a series of comprehensive numerical analysis, back analysis, equation calibration, and verification with data from not only centrifuge test but also the literature. It finally proposed a quick calculation method based on Meyerhof's settlement equation (1965). A two-dimensional numerical analysis, named ALID, (Analysis for Liquefaction-induced Deformation), was employed for obtaining settlement of shallow foundations on liquefiable soils with different relative densities under various seismic conditions. Its performance was first verified through a centrifuge test conducted in this study. Then, the developed method based on Meyerhof's settlement equation was employed, and a new parameter, NLR, was proposed to present the strength of liquefied soils by replacing N value in the original equation. The NLR was obtained through back analysis of the numerical results and modified accordingly after comparison with the data from the literature. This paper, finally, demonstrated the practical use of the proposed method involving NLR by predicting 199 sets of liquefaction-induced settlement of shallow foundation reported in the past, including a latest most liquefaction-induced settlement of a house in 0206 earthquake on February 6, 2016, in Taiwan.