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Cost of living in Singapore

What a month costs, how prices compare with other countries, and where the money goes

#20 by cost of living in the world#2 in Asia

Monthly cost in Singapore

Spending runs from SGD 1,210 a month in the poorest fifth to SGD 7,260 in the richest

Per person, whole country

SGD 2,830

what a typical person spends in a month

Spending across the population

poorest 20%
SGD 1,210
richest 20%
SGD 7,260

Where people spend money in Singapore

One person's out-of-pocket spending, averaged across the whole country

Other
SGD 72326%
Housing
SGD 47017%
Transport
SGD 33412%
Dining out
SGD 2669%
Leisure & culture
SGD 2569%
Health care
SGD 2168%

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Key facts

The cost of living in Singapore in numbers

Groceries takes an unusual share of the budget

It absorbs 6.4% of spending here, or SGD 181 a month, against 19.7% in a typical country, 13.3 points less.

The most expensive of its neighbours

Every neighbouring country is cheaper. The same basket costs SGD 2,070 here against SGD 1,140 in Brunei, the closest on price.

How living costs in Singapore compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Singapore
1Singapore
SGD 2,830
2Brunei
SGD 899-68%
3Malaysia
SGD 693-76%
4Thailand
SGD 417-85%
5Vietnam
SGD 247-91%
6Cambodia
SGD 153-95%

What things cost here

How much the same goods and services cost in Singapore against other countries

More expensive than 83% of countries

Where Singapore sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs SGD 1,280 at world-middle prices costs SGD 2,070 here.

Data source: household consumption 2024 (World Bank, regional estimate), International Comparison Program 2021 (World Bank), category breakdown 2024 (United Nations Statistics Division), adjusted to 2026 using IMF GDP-per-capita growth

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What it costs to live in Singapore

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Cost of living in Singapore

SGD 1,210/mo

vs SGD 1,030 in your country

Take-home

SGD 2,420

vs SGD 1,540 in your country

Potential savings

SGD 1,210

more than in your country

Standard of living

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Frequently asked questions

What is the cost of living in Singapore?

A typical person in Singapore spends about SGD 2,830 a month — around SGD 34,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the standard of living in Singapore?

By spending, Singapore ranks #20 of 185 countries. A typical person spends about SGD 2,830 a month, the poorest 20% about SGD 1,210 and the richest 20% about SGD 7,260. The gap between them shows how unevenly people live.

What is the cost of living in Singapore in US dollars?

The cost of living in Singapore is about $2,207 a month, or roughly $26,484 a year per person.

How much money do you need to live comfortably in Singapore?

It all depends on your standard of living. A modest budget runs about SGD 1,210 a month per person, a typical one around SGD 2,830, and a comfortable life around SGD 4,000. In big cities and for a family, costs are usually higher.

What do people spend the most on in Singapore?

The biggest expense is housing, at about SGD 470 a month (17% of spending). Then come transport (SGD 334, 12%) and dining out (SGD 266, 9%).

Is the average salary in Singapore enough to live on?

Yes, with room to spare. Average spending is about SGD 2,830 a month, while the average take-home pay in Singapore is about SGD 4,650. For more on incomes, see salaries in Singapore.

Is Singapore an expensive country to live in?

Yes. Singapore is more expensive than 90% of countries worldwide and ranks 2nd of 27 in Asia by cost of living.

What currency is used in Singapore?

Singapore uses the Singapore Dollar (SGD). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

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Living in Singapore

See the full country overview