Cost of living in Singapore
What a month costs, how prices compare with other countries, and where the money goes
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
SGD 1,210richest 20%
SGD 7,260
Where people spend money in Singapore
One person's out-of-pocket spending, averaged across the whole country
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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
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
Pakistanmost expensive
Bermuda
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.
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Living in Singapore
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