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MONTHLY Cost Of Living In SINGAPORE 2024 (Our Experience)

Cost of Living in Singapore

Cost of Living in Singapore Introduction

Hey Friends! The Cost Of Living In Singapore Ranges from $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month For a strict Budget vs a Luxury Budget.

Welcome to Your comprehensive guide dedicated to optimizing your budget and providing you with an in-depth analysis of the Cost of Living in Singapore From Our Personal Experience Living Here

With practical insights, extensive research, and personal experiences, we have curated a resource that delves into all aspects of maximizing your budget while fully immersing yourself in the magic of Singapore. Whether you’re a digital nomad, expat, student, retiree, or simply curious about life in this captivating city, our guide caters to diverse audiences, offering valuable information for all.

Watch the video I made about the cost of living in Singapore along with this article!
  • Comprehensive Breakdown: Gain a deep understanding of the cost of living in Singapore through an in-depth analysis of expenses, empowering you to make informed financial decisions.
  • Housing and Accommodations: Discover various options for affordable housing and valuable tips for finding suitable accommodations in Singapore. We will provide you with unique local rental websites and dedicated Facebook groups to streamline your search.
  • Efficient Transportation: Navigate the city with ease by exploring transportation options, tips, and tricks. From an overview of the public transportation network to guidance on car rentals and fuel prices, we have got you covered.
  • Essential Expenses: Learn smart strategies to save money on crucial aspects such as housing, utilities, groceries, dining out, entertainment, and health insurance. We’ll help you strike a balance between enjoying the city’s offerings and managing your budget effectively.
  • Resourceful Information: Access reliable sources of information about living in Singapore. We provide up-to-date data, insights from tourism boards, and essential country-specific details to ensure you have the most accurate and valuable information at your fingertips.

Additionally, we’ll equip you with the knowledge to avoid scams and navigate financial challenges. With the cost of living in Singapore ranging from $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) per month based on a strict versus luxury budget, our guidance will empower you to thrive in this captivating city while maintaining financial stability.

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Here are 14 reasons why you should consider moving to Singapore:

  1. Cost of Living In Singapore: The Average monthly cost of living, including rent, utilities, food, and transportation, ranges from $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month.
  2. Thriving Economy: Singapore boasts a robust economy with a favorable business environment, making it an attractive destination for entrepreneurs and job seekers alike.
  3. Cultural Diversity: Embrace the rich tapestry of cultures in Singapore, where Malay, Chinese, Indian, and Western influences seamlessly blend, creating a unique and diverse society.
  4. Excellent Education
  5. Safe and Clean
  6. Efficient Public Transport
  7. Healthcare Excellence
  8. Low Crime Rate
  9. Culinary Paradise
  10. Green Spaces
  11. Efficient Governance
  12. Cultural and Recreational Events
  13. Innovation Hub
  14. Cosmopolitan Lifestyle
  15. Global Connectivity

Table of Contents

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Cost Of Living in Singapore Quick Facts Key Takeaways, Statistics, and Data

Cost of Living in Singapore Quick facts, Statistics, Data

Here are some quick facts about the cost of living in Singapore:

  • Here’s a breakdown of some key expenses: Total Monthly Cost of living in Singapore ranges from $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month. For all expenses, and if you budget smartly, you can expect to spend $1250 to $3020 per month for all expenses.
  • Singapore is 1.3 times cheaper than New York City, New York.
  • The average salary after taxes in Singapore is $5,000
  • A monthly income of around $3,510 USD (SGD 4,600) – $10,000 USD (SGD 13000) is enough to live well in Singapore For a single person and a couple.
  • The cost of living in Singapore varies depending on your budget. To maintain the same standard of life as in New York City, New York for $11,500 per month, you would need an estimated $8,540 in Singapore.
  • On average, the cost of living in Singapore is 20% cheaper than in New York City, New York.
  • On average, rent in Singapore is 15% cheaper than in New York City, New York.
  • The cost of rent for a studio in Singapore ranges from $870 USD – $2,000 USD per month (1,300 SGD – 2,600 SGD).
  • The cost of a budget food and grocery plan in Singapore will cost around $250 USD – $600 USD per month (350 SGD – 800 SGD).
  • The estimated monthly cost for a family of four in Singapore is $4,500 USD – $10,000 USD per month (5,900 SGD – 15,000 SGD).
  • The estimated monthly cost for a single person in Singapore is $1,500 USD – $4,500 USD per month (2,000 SGD – 5,900 SGD).
  • Monthly public transportation costs in Singapore are estimated to be $70 USD – $150 USD per month (120 SGD – 200 SGD).
  • Expats and digital nomads may spend more, from $2,100- $6000 per month, to maintain their living standards in Singapore we spent $1,750 to $3,350 USD (SGD 2,150 to SGD 4,000) per month
  • You can definitely live for less in Singapore if you are willing to make some sacrifices.
  • Singapore is a Country in Southeast Asia.
  • Singapore has a population of over 5.7 million people.
  • The official language of Singapore is English and 75% of Singapoeans Speak Mandarin Chinese.
  • Singapore is a multi-racial country, with Chinese, Malays, Indians, and others making up the majority of the population.

Our Personal Costs of Living in Singapore: Table of expenses Breakdown 2024

Living in Singapore can be an amazing experience, but it’s important to understand the cost of living in Singapore before you go that’s why we will be breaking down our personal costs for you!

Here’s a detailed breakdown of our monthly cost of living in Singapore, including rent, utilities, gym, food, transportation, entertainment, and health insurance:

  1. Our Monthly Cost of Rent and Accommodation in Singapore: Finding a suitable place to live in Singapore was one of our priorities. We spent between $1,100 to $2,000 USD (SGD 1,000 to SGD 5,000) per month on rent, depending on the location, size, and amenities. It’s essential to explore various options, from private apartments to HDB flats, to find what suits your needs and budget.
  2. Our Monthly Cost of Utilities in Singapore: Taking care of our monthly utility bills, including electricity, water, gas, and internet, typically cost us between $100 to $200 USD (SGD 150 to SGD 300). Staying mindful of our consumption helped us keep these costs in check.
  3. Our Monthly Cost of Gym Membership in Singapore: As fitness enthusiasts, our monthly gym expenses were around $150 to $250 USD (SGD 75 to SGD 150). Singapore offers numerous fitness centers, so you can choose one that aligns with your fitness goals and budget.
  4. Our Monthly Cost of Food and Groceries in Singapore: Living in a food paradise like Singapore was a delight for us, but it’s essential to budget wisely. On average, we spent about $250 to $400 USD (SGD 375 to SGD 600) per month on food and groceries, enjoying a mix of hawker center delights and occasional dining out.
  5. Our Monthly Cost of Transportation in Singapore: Getting around Singapore efficiently was a breeze thanks to the excellent public transportation system. Our monthly transportation costs were approximately $100 to $200 USD (SGD 150 to SGD 300), which covered buses and trains for our daily commute.
  6. Our Monthly Cost of Activities, Leisure, and Entertainment in Singapore: Embracing the city’s cultural and entertainment scene was part of our experience. Our monthly expenses on activities and leisure ranged from $100 to $200 USD (SGD 150 to SGD 300), allowing us to explore various attractions and events.
  7. Our Monthly Cost of Health Insurance in Singapore: Taking care of our well-being was a priority, and having health insurance in Singapore was crucial. Our monthly health insurance From SafetyWing costs were around $50 to $100 USD (SGD 75 to SGD 150), providing us with peace of mind and access to quality healthcare.

Our Overall Total Monthly Cost Of Living In Singapore:

Overall, our total monthly cost of living in Singapore, including all the above expenses, ranged from $1,750 to $3,350 USD (SGD 2,150 to SGD 4,000). These figures are based on our personal experience and may vary depending on individual preferences and lifestyle choices. Proper financial planning allowed us to enjoy a comfortable and fulfilling life in this dynamic city.

Tips for Reducing Your Cost of Living in Singapore:

  • Live away from the main areas and take the public transport
  • Shop for groceries at local food markets and supermarkets.
  • Eat At the Hawker Centers in Singapore to Save Money.
  • Cook at home: Cooking at home is much cheaper than eating out.
  • Take advantage of public transportation and rent a scooter monthly: Public transportation is the Best way to get around the city without spending a lot of money on taxis or Ubers.
  • Take advantage of free activities: There are many free activities to enjoy in Singapore, such as visiting museums, walking in parks, beaches, national parks and attending free concerts.
  • Buy a monthly travel pass: If you plan on using public transportation frequently, it may be worth buying a monthly travel pass. This will save you money on individual fares.

Table of Expenses for Our Monthly Cost Of Living in Singapore:

Our Monthly Cost of Living in SingaporeCost in USD ($)Cost in SGD (SGD)
Our Monthly Cost of Rent and Accommodation$1,100 – $2,000SGD 1,000 – SGD 5,000
Our Monthly Cost of Utilities$100 – $200SGD 150 – SGD 300
Our Monthly Gym Cost in Singapore$150 – $250SGD 75 – SGD 150
Our Monthly Cost of Food and Groceries$250 -$400SGD 375 – SGD 600
Our Monthly Cost of Transportation$100 – $200SGD 150 – SGD 300
Our Monthly Cost of Activities, Leisure, Entertainment$100 – $200SGD 150 – SGD 300
Our Monthly Cost of Health Insurance$50 – $100SGD 75 – SGD 150
Our Total Monthly Cost of Living in Singapore$1,750 – $3,350SGD 2,150 – SGD 4,000
Our Total Monthly Cost of Living in Singapore$1,750 – $3,350SGD 2,150 – SGD 4,000

Monthly Cost of Living in Singapore Summary Cost Of Rent, Groceries, Transportation, Healthcare: $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month

Monthly Cost of Living in Singapore

You can live in Singapore, for around $1,505 a month for all expenses on a tight budget or $10,030 a month if you want to live much more luxuriously. The Cost of living in Singapore is from $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month.

You can still maintain a monthly budget and enjoy all the beautiful things Singapore, offers.

The following is a breakdown of the average cost of living in Singapore:

Cost of Rent (Studio Apartment):

  • Renting a studio apartment in Singapore offers a comfortable living space for individuals or couples. The cost typically ranges from $800 to $2000 USD per month, which translates to around SGD 1080 to SGD 2700. Depending on the location, amenities, and size, you can find a studio that suits your budget and lifestyle.

Cost of Transportation (Public Transport, Taxi, Scooter, Car):

  • Singapore boasts an efficient public transportation system, making it easy to commute around the city. Using public transport, taxis, scooters, or car-sharing services comes with a cost ranging from $80 to $1000 USD per month, approximately SGD 108 to SGD 1350. Opting for public transport can be a budget-friendly choice, while owning a car may offer convenience at a higher cost.

Cost of Health Insurance (SafetyWing, World Nomads, or Cigna Global):

  • Health insurance is crucial for safeguarding your well-being while living in Singapore. Depending on the coverage and provider, the monthly cost for health insurance can be in the range of $45 to $250 USD, approximately SGD 61 to SGD 337.50. Ensuring you have adequate coverage ensures peace of mind and access to quality healthcare.

Cost of Rent (1 Bedroom Apartment):

  • For those seeking a bit more space, renting a 1-bedroom apartment is an attractive option. The monthly rent ranges from $1100 to $3000 USD, which is around SGD 1485 to SGD 4050. This category offers a variety of living arrangements and amenities to suit your preferences.

Cost of Rent (2 Bedroom Apartment):

  • Couples or small families may find a 2-bedroom apartment ideal for their needs. The monthly rent for a 2-bedroom apartment ranges from $1800 to $4000 USD, approximately SGD 2430 to SGD 5400. Enjoy a comfortable and spacious living environment with various amenities to cater to your lifestyle.

Cost of Rent (3 Bedroom Apartment)

Larger families or those seeking more space can opt for a 3-bedroom apartment. The monthly rent for a 3-bedroom apartment varies from $2500 to $6000 USD, approximately SGD 3375 to SGD 8100. This option provides ample space for a comfortable family living experience.

Cost of Utilities (Electricity, Water):

  • Utilities are an essential aspect of daily life. The cost for electricity and water bills typically ranges from $100 to $300 USD per month, around SGD 135 to SGD 405. These expenses depend on usage and efficiency in managing resources.

Cost of Mobile Phone (Unlimited Data Plan, Sim Card):

  • Staying connected is crucial, and mobile phone plans offer various options. The cost of a mobile phone plan with unlimited data and a SIM card can be as low as $20 to $50 USD monthly, approximately SGD 27 to SGD 67.50.

Cost of Internet (WiFi):

  • Internet access is essential for work and leisure. The cost of a reliable WiFi connection ranges from $40 to $80 USD per month, around SGD 54 to SGD 108. Enjoy seamless connectivity for all your online activities.

Cost of Food (Groceries, Dining Out, Local Singaporean Food):

  • Singapore is a culinary haven with a diverse food scene. The cost of food, including groceries and dining out, can range from $250 to $2000 USD monthly, approximately SGD 337.50 to SGD 2700. From local delicacies at hawker centers to fine dining experiences, there’s something to suit every palate and budget.

Cost of Healthy Activities (Gym, Martial Arts, Yoga, Massages):

  • Maintaining a healthy lifestyle is possible with various activities available. Engaging in healthy pursuits, such as gym memberships, martial arts classes, yoga sessions, or massages, can cost between $70 to $350 USD per month, approximately SGD 94.50 to SGD 472.50. Invest in your well-being and enjoy a balanced lifestyle.

Total Monthly Cost of Living in Singapore:

  • The Total overall monthly cost of living in Singapore depends on your lifestyle choices and preferences. Based on the sum of expenses for a strict budget vs a luxury Budget for a Studio Apartment and 3 bedroom apartment, Transportation, Health Insurance, Utilities, Mobile Phone, Internet, Food, and Healthy Activities, the Total Cost of living in Singapore ranges from $1,505 $10,030 USD (SGD 2,000 – SGD 13,200) Per Month.
  • What helps you keep a budget in a high cost of living in Singapore is the cheaper cost of food in Wet markets and Hawker centers where you can get a meal for around $2 – $10 per meal.

Here are some tips for reducing your cost of living in Singapore:

  • Rent a studio apartment: Studio apartments are typically the most affordable option for housing in Singapore.
  • Take public transportation: Public transportation is a great way to get around Singapore and it’s much cheaper than driving or taking taxis.
  • Cook at home: Eating out in Singapore can be expensive, so cooking at home is a great way to save money.
  • Take advantage of free activities: There are many free activities to enjoy in Singapore, such as visiting the beach, exploring the Old Town, and attending free concerts and festivals.

By following these tips, you can save money on your cost of living in Singapore and enjoy a more affordable lifestyle.

The costs of living in Singapore Depending on various factors and spending habits, the price may change. Others spend $5,830 or more each month for an extravagant, next-level lifestyle or even $1,500 on the strictest budget staying in hostels, couchsurfing, and smaller studio apartments, ensuring they make it work no matter what!

Please Remember the Average minimum wage someone earns in Singapore is $3,700 so you definitely can live cheaper if you want.

  • Expect to spend $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month for a single person living in Singapore. $3020 per Month is sufficient to live on.
  • Local Singapore markets, Hawker Centers, Local Food trucks, Local food shops, and supermarkets are the most cost-effective and knowledgeable ways to shop and eat in Singapore!

Here is a table of expenses for The Cost of Living in Singapore per month:

Cost of Living in SingaporeCost (Monthly) in USD ($)Cost (Monthly) in SGD (SGD)
Cost of Rent (Studio apartment)$800 – $2000SGD 1080 – SGD 2700
Cost of Transportation (Public transport, Taxi, Scooter, car)$80 – $1000SGD 108 – SGD 1350
Cost of Health insurance (SafetyWing, World Nomads, or Cigna Global)$45 – $250SGD 61 – SGD 337.50
Cost of Rent (1 bedroom apartment)$1100 – $3000SGD 1485 – SGD 4050
Cost of Rent (2 bedroom apartment)$1800 – $4000SGD 2430 – SGD 5400
Cost of Rent (3 bedroom apartment)$2500 – $6000SGD 3375 – SGD 8100
Cost of Utilities (electricity, water)$100 – $300SGD 135 – SGD 405
Cost of Mobile phone (unlimited data plan, Sim Card)$20 – $50SGD 27 – SGD 67.50
Cost of Internet (wifi)$40 – $80SGD 54 – SGD 108
Cost of Food (groceries, dining out, Local Singaporean Food)$250 – $2000SGD 337.50 – SGD 2700
Cost of Healthy activities (gym, martial arts, yoga, massages)$70 – $350SGD 94.50 – SGD 472.50
Total Monthly Cost Of Living In Singapore$1,505 – $10,030SGD 2,000 – SGD 13,200

Cost of Living in Singapore: Table of Expenses in 2024

This table of expenses will help you plan your budget for your move to Singapore.

The Cost of living table below An extensive poll of Digital Nomads, Expats, travelers, our personal experience living Here, Locals, and Numbeo users were used to put this together.

The Exchange Rate is $1 USD is Currently equal to 1.32 SGD (SGD) Singaporean Dollar This estimate is based on a Strict Budget Vs. A luxury Budget in Singapore per Month! The Cost Of Living In Singapore makes it possible to Live For $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month or more, depending on your spending habits! Check out the Currency Converter.

Here is the Table of the Cost of living per person in Singapore:

Cost of Living Per Person in SingaporeCost (Monthly) in USD ($)Cost (Monthly) in SGD
Cost of living for a Single person in Singapore$1400 – $2100SGD 1890 – SGD 2800
Cost of living for a Couple in Singapore$2100 – $3500SGD 2800 – SGD 4690
Cost of living for a Family of four in Singapore$4200 – $5600SGD 5670 – SGD 7490
Average Monthly Expenses in SingaporeCost (Monthly) in USD ($)Cost (Monthly) in SGD
Average monthly rent for a studio to 3 bedroom apartment$800 – $5,000SGD 1,070 – SGD 6,700
Average monthly cost for food and groceries$270 – $2,000SGD 360 – SGD 2,670
Average monthly cost for dining out$100 – $300SGD 130 – SGD 400
Average monthly cost for miscellaneous items$50 – $200SGD 70 – SGD 260
Average monthly cost for utilities$100 – $300SGD 130 – SGD 400
Average monthly cost for transportation$80 – $1,000SGD 110 – SGD 1,340
Total average monthly cost of living in Singapore$1,400 – $8,800SGD 1,870 – SGD 11,770
Average Cost of Living in Singapore ExpensesCost (Monthly) in USD ($)Cost (Monthly) in SGD (SGD)
Cost of Rent and Accommodation$800 – $5,000SGD 1,070 – SGD 6,700
Cost of Food and Groceries$300 – $500SGD 400 – SGD 670
Cost of Utilities$100 – $200SGD 130 – SGD 260
Cost of Public Transportation$80 – $120SGD 110 – SGD 160
Cost of Private Transportation$300 – $500SGD 400 – SGD 670
Cost of Healthcare$45 – $300SGD 60 – SGD 350
Cost of Entertainment$100 – $300SGD 130 – SGD 400
Cost of Clothing and Personal Items$100 – $300SGD 130 – SGD 400
Cost of Activities and Excursions$50 – $200SGD 70 – SGD 260

Cost of Rent and Housing In Singapore In-Depth Summary And Table of Expenses

Cost of Rent and Housing In Singapore

The cost of Rent in Singapore is essential for many expats, retirees, digital nomads, and locals. It can vary depending on the apartment type and location you are looking for.

Here are the Costs of Housing rent in Singapore by Apartment Size:

1. Studio Apartment in the City Of Singapore:

  • If you’re seeking a cozy and comfortable living space in the heart of Singapore, a Studio Apartment in the City Of Singapore could be your ideal choice. These apartments offer a perfect blend of convenience and affordability. With a monthly rent ranging from $960 to $2000 USD or SGD 1280 to SGD 2680, they cater to both budget-conscious individuals and those looking for a little extra luxury. Enjoy the perks of city living, with easy access to public transportation, trendy cafes, and cultural hotspots.

2. Studio Apartment outside the City Of Singapore :

  • For those who prefer a quieter environment, the Studio Apartment outside the City Of Singapore provides a serene escape without compromising on comfort. Priced between $800 and $1600 USD or SGD 1070 and SGD 2140 per month, these apartments offer a more affordable option with the added bonus of a peaceful neighborhood. Explore nearby parks, local markets, and quaint dining spots while relishing a more relaxed lifestyle.

3. 1 Bedroom Apartment in the City Of Singapore:

  • Experience the perfect balance of privacy and space in a 1 Bedroom Apartment in the City Of Singapore. These apartments cater to individuals or couples seeking a bit more room to spread out. Ranging from $1200 to $2400 USD or SGD 1600 to SGD 3200 per month, they provide a cozy and functional living space within the city’s vibrant atmosphere. Immerse yourself in the urban lifestyle with easy access to entertainment, shopping, and cultural landmarks.

4. 1 Bedroom Apartment outside the City Of Singapore:

  • For those who desire the tranquility of suburban living, the 1 Bedroom Apartment outside the City Of Singapore is an excellent choice. Priced between $1000 and $2000 USD or SGD 1340 and SGD 2680 per month, these apartments offer an affordable and comfortable living arrangement. Enjoy a quieter ambiance and take advantage of nearby parks, local cafes, and a sense of community.

5. 2 Bedroom Apartment in the City Of Singapore:

  • Looking for a spacious living arrangement without compromising on city accessibility? The 2 Bedroom Apartment in the City Of Singapore could be your answer. With a monthly rent ranging from $1600 to $2880 USD or SGD 2140 to SGD 3850, these apartments offer ample space for families or individuals who desire extra room. Embrace the urban lifestyle while enjoying nearby amenities and attractions.

6. 2 Bedroom Apartment outside the City Of Singapore:

  • The 2 Bedroom Apartment outside the City Of Singapore offers a perfect blend of comfort and tranquility in a suburban setting. Priced between $1440 and $2800 USD or SGD 1920 and SGD 3750 per month, these apartments provide an attractive option for those seeking a quieter environment. Experience a peaceful neighborhood while still having access to nearby conveniences.

7. 3 Bedroom Apartment in the City Of Singapore:

  • For families or individuals seeking even more space, the 3 Bedroom Apartment in the City Of Singapore presents an excellent choice. With monthly rents ranging from $2240 to $3840 USD or SGD 2990 to SGD 5120, these apartments offer a comfortable and spacious living experience. Enjoy the city’s dynamic offerings while having room for all your needs.

8. 3 Bedroom Apartment outside the City Of Singapore:

  • The 3 Bedroom Apartment outside the City Of Singapore combines the comfort of suburban living with a generous amount of space. Priced between $2240 and $3840 USD or SGD 2990 and SGD 5120 per month, these apartments provide an attractive option for families seeking a peaceful and roomy home.

9. Luxury Apartment in the City Of Singapore:

  • Indulge in the pinnacle of luxury living with a Luxury Apartment in the City Of Singapore. Priced between $3200 and $6400 USD or SGD 4280 and SGD 8540 per month, these apartments offer opulent amenities and exquisite finishes. Experience top-notch facilities, stunning views, and an unparalleled urban lifestyle in the heart of Singapore.

10. Luxury Apartment outside the City Of Singapore:

  • For those seeking luxury outside the bustling city, the Luxury Apartment outside the City Of Singapore is the epitome of elegance and comfort. With a monthly rent ranging from $3200 to $6400 USD or SGD 4280 to SGD 8540, these apartments provide the perfect retreat, combining sophistication with a tranquil atmosphere.

Keep in mind that rental prices may vary based on location, amenities, and market conditions. Before making any decisions, it’s essential to conduct thorough research and consider your specific preferences and needs.

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Table of the Cost of Housing and Rent Singapore

Cost of Rent and Housing in SingaporeCost per Month (USD)Cost per Month (SGD)
Studio Apartment in the City Of Singapore$960 – $2000SGD 1280 – SGD 2680
Studio Apartment outside the City Of Singapore$800 – $1600SGD 1070 – SGD 2140
1 Bedroom Apartment in the City Of Singapore$1200 – $2400SGD 1600 – SGD 3200
1 Bedroom Apartment outside the City Of Singapore$1000 – $2000SGD 1340 – SGD 2680
2 Bedroom Apartment in the City Of Singapore$1600 – $2880SGD 2140 – SGD 3850
2 Bedroom Apartment outside the City Of Singapore$1440 – $2800SGD 1920 – SGD 3750
3 Bedroom Apartment in the City Of Singapore$2240 – $3840SGD 2990 – SGD 5120
3 Bedroom Apartment outside the City Of Singapore$2240 – $3840SGD 2990 – SGD 5120
Luxury Apartment in the City Of Singapore$3200 – $6400SGD 4280 – SGD 8540
Luxury Apartment outside the City Of Singapore$3200 – $6400SGD 4280 – SGD 8540

Your best bet is to choose a monthly personal rental via Facebook Marketplace, Booking.com, Expedia and Airbnb or ask around with locals. Real estate in Singapore rental site Helpers Like:

  1. PropertyGuru
  2. 99.co
  • You can also join Facebook groups such as “Digital Nomads in Singapore” or “Expats in Singapore” and Singapore rental group on Facebook to connect with others and potentially find affordable rental options.
  • Alternatively, consider staying at a Hostel, Airbnb, hotel monthly, homestay, guesthouse, or bed and breakfast in Singapore for more affordable rates rather than a costly hotel or tourist location you can also ask around with locals and find a cheaper apartment that isn’t listed on websites.

Monthly Cost Of Rent in Singapore: Table of Expenses in 2024

Here is a table of expenses for the Cost of rent and Accommodation in Singapore per month:

Cost of Housing Type in Singapore:Cost per Month (USD)Cost per Month in SGD
Average Cost of a Studio Apartment$960 – $2000SGD 1280 – SGD 2680
Average Cost of a 1 Bedroom Apartment$1200 – $2400SGD 1600 – SGD 3200
Average Cost of a 2 Bedroom Apartment$2000 – $3600SGD 2680 – SGD 4824
Average Cost of a 3 Bedroom Apartment$2800 – $4800SGD 3744 – SGD 6432
Average Cost of a Luxury Apartment$4000 – $8000SGD 5360 – SGD 10720

Cost of Accommodation Type in SingaporeCost in USDCost in SGD
1 bedroom apartment in city center$1500 – $3000SGD 2000 – SGD 4000
1 bedroom apartment outside city center$1000 – $2000SGD 1340 – SGD 2680
Studio apartment in city center$1200 – $2500SGD 1600 – SGD 3350
Studio apartment outside city center$900 – $1800SGD 1200 – SGD 2400
Shared room in city center$400 – $800SGD 535 – SGD 1070
Shared room outside city center$300 – $600SGD 402 – SGD 804
Hotel room (3-star)$100 – $200SGD 134 – SGD 268
Hotel room (5-star)$200 – $500SGD 268 – SGD 670
2 bedroom apartment in city center$2500 – $4500SGD 3350 – SGD 6030
2 bedroom apartment outside city center$1800 – $3500SGD 2410 – SGD 4680
3 bedroom apartment in city center$3500 – $6000SGD 4680 – SGD 8040
3 bedroom apartment outside city center$2500 – $4500SGD 3350 – SGD 6030

Housing Accommodation Type in Singapore:

Housing Accommodation Type in Singapore Price Range per day (USD)Price Range per day in SGD (SGD)
Hostel$20 – $50SGD 27 – SGD 67
Budget Hotel$50 – $120SGD 67 – SGD 160
Mid-range Hotel$120 – $250SGD 160 – SGD 335
Luxury Hotel$250 – $500SGD 335 – SGD 670
Vacation Rental$80 – $300SGD 107 – SGD 402
Guest House$50 – $150SGD 67 – SGD 201
Bed and Breakfast$60 – $150SGD 80 – SGD 201

Here are some popular rental websites in Singapore where you can find listings for apartments and houses:


Where to Stay in Singapore: Best Areas, Neighborhoods In Singapore

If you’re considering moving to Singapore, you’ll want to explore the city’s best areas and neighborhoods. Each locality comes with its own unique charm and features, catering to different lifestyles and preferences.

Let’s take a closer look at these vibrant districts to help you make an informed decision. also remember you can find a super small Studio apartment in Singapore for around $700 so if you want to live there on a tight budget you can.

Best Areas and Neighborhoods To Live in Singapore:

1. Marina Bay

  • Marina Bay is undeniably one of Singapore’s most iconic and luxurious areas. Known for its breathtaking skyline and upscale living, it offers a lifestyle of sophistication and elegance. With stunning waterfront views, high-end dining establishments, and excellent shopping options, Marina Bay is the epitome of cosmopolitan living. The rental choices here predominantly include luxury condominiums and penthouses, which come with a price range of $3,500 to $6,000 USD per month. In SGD, that’s approximately SGD 3,290 to SGD 7,200.

2. Orchard Road

  • If you’re a shopaholic or love entertainment, Orchard Road is the place for you. This famous shopping and entertainment district is bustling with numerous malls, restaurants, and entertainment venues. Orchard Road offers a mix of luxurious apartments and more affordable options, making it suitable for a diverse range of residents. The average monthly rent for apartments in Orchard Road ranges from $1,960 to $3,500 USD, which translates to around SGD 2,660 to SGD 4,690.

3. Tanjong Pagar

  • Tanjong Pagar strikes a perfect balance between historic charm and modern skyscrapers. This trendy neighborhood is known for its vibrant nightlife, chic cafes, and diverse culinary scene. It’s a popular choice among young professionals and expats. Rental options in Tanjong Pagar include stylish condominiums and shophouses, with prices ranging from $1,750 to $3,150 USD per month. In SGD, that’s approximately SGD 2,380 to SGD 4,200.

4. East Coast

  • For those seeking a laid-back and family-friendly neighborhood, East Coast is an excellent option. It offers a relaxed beachside lifestyle, with parks, cycling paths, and seafood restaurants aplenty. The rental choices in East Coast primarily consist of spacious apartments and landed properties. Prices for rentals here range from $1,400 to $2,800 USD per month, which converts to about SGD 1,890 to SGD 3,780.

5. Holland Village

  • Holland Village exudes a bohemian vibe and is a favorite among young professionals and expats alike. The neighborhood boasts an inviting atmosphere with eclectic shops, art galleries, and a bustling food scene. Rental choices in Holland Village include cozy apartments and colonial-style houses. The average monthly rent falls within the range of $1,750 to $3,150 USD, which equates to around SGD 2,380 to SGD 4,200.

6. River Valley

  • Located near the city center, River Valley offers an upscale residential experience with serene riverside living. Residents enjoy easy access to dining, shopping, and entertainment options. The area features a mix of modern condominiums and charming colonial houses. Rental prices in River Valley range from $2,100 to $3,850 USD per month, or approximately SGD 2,800 to SGD 5,180.

7. Bukit Timah

  • If you’re looking for a prestigious and green neighborhood, Bukit Timah is an excellent choice. Known for its lush greenery, nature reserves, and excellent schools, Bukit Timah is ideal for families and nature enthusiasts. Rental options in this area include spacious landed properties and luxury apartments, with prices varying from $2,100 to $4,200 USD per month. In SGD, that’s approximately SGD 2,800 to SGD 5,670.

8. Sentosa Cove

  • For a truly exclusive waterfront living experience, Sentosa Cove on Sentosa Island is unparalleled. It offers luxury living with private yachts, upscale dining, and beautiful sea views. Sentosa Cove mainly features high-end waterfront villas and condominiums for rental. The average monthly rent in this prestigious area ranges from $4,900 to $10,500 USD, which converts to about SGD 6,580 to SGD 14,140.

9. Katong

  • Immerse yourself in the charming Peranakan culture and diverse dining options of Katong. This heritage-rich neighborhood is a favorite among locals and expats alike. Katong offers a mix of modern and shophouse-style apartments, making it an appealing and culturally rich place to live. Rental prices for apartments here range from $1,750 to $3,150 USD per month, or approximately SGD 2,380 to SGD 4,200.

10. Novena

  • Novena is a well-established residential area known for its excellent medical facilities and shopping malls. It’s a popular choice for families and working professionals due to its convenient amenities and accessibility. Novena offers a mix of condominiums and landed properties for rent. The average monthly rent in Novena falls within the range of $1,750 to $3,150 USD, which equates to around SGD 2,380 to SGD 4,200.

Each of these neighborhoods has something unique to offer, catering to different lifestyles and preferences. Whether you’re looking for luxury living, a vibrant atmosphere, or a family-friendly environment, Singapore has a neighborhood to suit your needs. Explore these areas further to find the perfect place to call home in this dynamic and diverse city.

Best Areas and Neighborhoods To Live in SingaporeDescriptionAverage Monthly Rent (USD)Average Monthly Rent (SGD)
Marina BayMarina Bay is a vibrant and upscale area known for its iconic skyline and luxury living.$3,500 – $6,000SGD 3,290 – SGD 7,200
Orchard RoadOrchard Road is Singapore’s famous shopping and entertainment district.$1,960 – $3,500SGD 2,660 – SGD 4,690
Tanjong PagarTanjong Pagar is a trendy neighborhood with a mix of historic charm and modern skyscrapers.$1,750 – $3,150SGD 2,380 – SGD 4,200
East CoastEast Coast is a laid-back residential area that appeals to families and expats.$1,400 – $2,800SGD 1,890 – SGD 3,780
Holland VillageHolland Village is a bohemian neighborhood popular among young professionals and expats.$1,750 – $3,150SGD 2,380 – SGD 4,200
River ValleyRiver Valley is an upscale residential area known for its proximity to the city center and serene riverside living.$2,100 – $3,850SGD 2,800 – SGD 5,180
Bukit TimahBukit Timah is a prestigious and green neighborhood in Singapore.$2,100 – $4,200SGD 2,800 – SGD 5,670
Sentosa CoveSentosa Cove is an exclusive waterfront residential area located on Sentosa Island.$4,900 – $10,500SGD 6,580 – SGD 14,140
KatongKatong is a charming and heritage-rich neighborhood known for its Peranakan culture and diverse dining options.$1,750 – $3,150SGD 2,380 – SGD 4,200
NovenaNovena is a well-established residential area with excellent medical facilities and shopping malls.$1,750 – $3,150SGD 2,380 – SGD 4,200

Living in Singapore Credible Reliable Sources With Tourism, Data, Government

Here’s the list of resources for Singapore, including information about visas, cost of living, Facebook groups, apartment rental sites, tourism boards, and more:

  • To find Rentals in Singapore, use these apartment rental sites: PropertyGuru, 99.co.
  • Singapore Facebook Groups: Singapore Expats Facebook Group and Expats in Singapore Facebook Group.
  • Singapore Tourism Board: Visit Singapore.
  • Singapore Data: From Our World in Data, World Bank, and World Data, and Singapore Wiki Travel Data, IMF Data, United Nations Data.
  • Singapore Embassy: For more information like visas and more from the Singapore Embassy, visit the official Singapore Embassy website.
  • Government of Singapore: Official website of the Singapore Government.
  • For exchanging money, use Wise which is the best option if you are a digital nomad and expat. It offers a cheaper solution to send, spend, and receive money internationally rather than exchanging money through other platforms like Paypal, Payoneer.
  • Booking Flights: To find insane flight deals, search on Google Flights and Skyscanner. Choose the monthly option to find the best day to fly on.
  • Also, you can find reliable information and statistics about Singapore. You can search for these sources on the internet or through academic databases. Here are some sources:
  • Singapore Department of Statistics: The official portal for Singapore’s statistical data provides comprehensive information on various aspects of Singapore’s economy, population, and social indicators. Visit Singapore Department of Statistics.
  • Singapore Tourism Board: The official tourism website of Singapore offers detailed information on attractions, events, and travel guides for the country.
  • Visit Singapore Tourism Board.
  • Ministry of Manpower: The official website of Singapore’s Ministry of Manpower provides information on work permits, employment regulations, and labor market statistics. Visit Ministry of Manpower.
  • Singapore Business Federation: The Singapore Business Federation represents the private sector’s interests and provides information on business opportunities, trade, and investment in Singapore. Visit Singapore Business Federation.
  • Singapore Economic Development Board: The Economic Development Board is responsible for attracting foreign investments and promoting Singapore as a global business hub. Visit Singapore Economic Development Board.

Cost Of Transportation In Singapore Summary and Table of expenses

The Cost Of Transportation in Singapore You can Expect to spend from $100 – $300 a month on Transportation; the best way to get around is to use the Public Bus, Train, and Renting a Scooter we absolutely do not recommend buying a car as you will pay an extreme license fee just to have that car Make Sure you Rent instead.

Here’s a detailed overview of the transportation options available so you can make an informed decision based on your travel preferences and budget. We recommend Public transportation, renting a scooter monthly, as well as using the Bus and all train transport:

MRT (Train):

  • The Mass Rapid Transit (MRT) is an efficient and convenient train system that covers various parts of Singapore. The cost for MRT rides ranges from $0.80 to $2.00 in USD or SGD 1.10 to SGD 2.70. The exact fare depends on the distance traveled. For regular commuters, monthly passes are available, with prices ranging from $60.00 to $120.00 in USD or SGD 80.00 to SGD 160.00. These passes provide unlimited travel during the validity period. The MRT is operated by SMRT and SBS Transit, ensuring a reliable and comfortable journey.

LRT (Light Rail Transit):

  • The Light Rail Transit (LRT) complements the MRT system by serving specific neighborhoods and connecting to major transport hubs. LRT fares range from $0.60 to $1.50 in USD or SGD 0.80 to SGD 2.00, depending on the distance traveled. If you frequently use the LRT, monthly passes are available, with prices ranging from $40.00 to $80.00 in USD or SGD 55.00 to SGD 110.00. These passes allow for unlimited LRT rides. SBS Transit operates the LRT system, ensuring seamless connectivity and efficient transportation.

Downtown Line (MRT):

  • The Downtown Line is an MRT line that connects various downtown areas in Singapore, providing convenient access to shopping, dining, and entertainment districts. Fares on the Downtown Line are distance-based and range from $0.80 to $2.00 in USD or SGD 1.10 to SGD 2.70. To enjoy unlimited rides on the Downtown Line and other MRT lines, you can purchase a monthly pass. Monthly passes for the Downtown Line are priced between $60.00 and $120.00 in USD or SGD 80.00 and SGD 160.00. SBS Transit operates the Downtown Line, ensuring reliable and efficient service.

North East Line (MRT):

  • The North East Line is an MRT line that serves the northeastern part of Singapore, connecting residential areas, business districts, and popular attractions. Fares on the North East Line are distance-based and range from $0.80 to $2.00 in USD or SGD 1.10 to SGD 2.70. If you plan to use the North East Line frequently, you can purchase a monthly pass for unlimited rides. Monthly passes for the North East Line are priced between $60.00 and $120.00 in USD or SGD 80.00 and SGD 160.00. SBS Transit operates the North East Line, providing a seamless travel experience.

Changi Airport MRT:

  • The Changi Airport MRT provides a direct connection from Changi Airport to various parts of Singapore. Fares for the Changi Airport MRT are distance-based, ranging from $1.50 to $2.50 in USD or SGD 2.00 to SGD 3.50. The airport is served by the East-West Line and the upcoming Thomson-East Coast Line, ensuring easy access to different areas of Singapore. If you’re traveling frequently to and from the airport, you can opt for a monthly pass. Monthly passes for the Changi Airport MRT are priced between $60.00 and $100.00 in USD or SGD 80.00 and SGD 135.00. SMRT operates the MRT services at Changi Airport, ensuring a smooth and reliable journey.

Bus:

  • Buses in Singapore provide extensive coverage throughout the city, offering a cost-effective mode of transportation. Bus fares vary based on the distance traveled, typically ranging from $0.70 to $2.00 in USD or SGD 0.95 to SGD 2.70. If you frequently use buses, purchasing a monthly pass allows unlimited rides. Monthly passes for buses in Singapore are priced between $60.00 and $100.00 in USD or SGD 80.00 and SGD 135.00. SMRT and SBS Transit operate the bus services, ensuring a comprehensive and reliable network.

Taxi:

  • Taxis provide a convenient point-to-point transportation option in Singapore. The fares for taxis are metered, with costs ranging from $3.00 to $5.00 in USD or SGD 4.00 to SGD 7.00. Additional charges may apply during peak hours and for advanced bookings. With service providers like ComfortDelGro, Grab, and Gojek, you can easily find a taxi to suit your needs and enjoy a hassle-free journey.

Grab/Gojek:

  • Ride-hailing services like Grab and Gojek offer on-demand transportation via car or motorcycle. Fares for Grab and Gojek rides range from $3.00 to $7.00 in USD or SGD 4.00 to SGD 9.00, depending on the distance traveled. These services provide a convenient and efficient way to travel within the city. With Grab and Gojek, you can enjoy the benefits of a private ride while having the flexibility to choose the vehicle type that suits your preferences and requirements.

Bicycle Rental:

  • Bicycle rental services in Singapore offer an eco-friendly option for short trips within the city. Prices for bicycle rentals typically range from $2.00 to $8.00 in USD or SGD 3.00 to SGD 11.00, depending on the rental duration and the operator providing the service. Renting a bicycle is not only an enjoyable way to travel but also contributes to sustainable transportation. Operators like SG Bike, Anywheel, Moov, and more offer bicycle rental services in Singapore.

Electric Scooter Rental:

  • Electric scooter rentals offer a convenient and efficient mode of travel for short distances in Singapore. Prices for electric scooter rentals range from $3.00 to $10.00 in USD or SGD 4.00 to SGD 14.00, depending on the rental duration and the operator providing the service. With electric scooters, you can easily navigate through the city and reach your destination with ease. GrabWheels is a prominent service provider offering electric scooter rentals in Singapore.

Car Rental:

  • Car rental options are available for longer journeys or specific travel needs in Singapore. Prices for car rentals vary based on the car type and rental duration. Typically, car rental costs range from $50.00 to $100.00 in USD or SGD 67.00 to SGD 135.00 per day. Rental Cars, Avis, Hertz, GrabRentals, and more are providers offering car rental services in Singapore. Car rentals provide flexibility and independence, allowing you to explore the city and its outskirts at your own pace.

Here is a detailed table of estimated cost of transportation in Singapore:

Transportation Options in SingaporeCost (USD)Cost in SGD (SGD)Service ProviderMonthly Pass (USD)Monthly Pass (SGD)Description
MRT (Train)$0.80 – $2.00SGD 1.10 – SGD 2.70SMRT, SBS Transit$60.00 – $120.00SGD 80.00 – SGD 160.00The Mass Rapid Transit (MRT) is a convenient and efficient train system that covers various parts of Singapore. Fares are distance-based, and monthly passes are available for unlimited travel.
LRT (Light Rail Transit)$0.60 – $1.50SGD 0.80 – SGD 2.00SBS Transit$40.00 – $80.00SGD 55.00 – SGD 110.00The Light Rail Transit (LRT) complements the MRT system, serving specific neighborhoods and connecting to major transport hubs. Fares are distance-based, and monthly passes can be used for unlimited LRT rides.
Downtown Line (MRT)$0.80 – $2.00SGD 1.10 – SGD 2.70SBS Transit$60.00 – $120.00SGD 80.00 – SGD 160.00The Downtown Line is an MRT line that connects various downtown areas, providing convenient access to shopping, dining, and entertainment districts. Fares are distance-based, and monthly passes are available.
North East Line (MRT)$0.80 – $2.00SGD 1.10 – SGD 2.70SBS Transit$60.00 – $120.00SGD 80.00 – SGD 160.00The North East Line is an MRT line that serves the northeastern part of Singapore, connecting residential areas, business districts, and popular attractions. Fares are distance-based, and monthly passes can be used.
Changi Airport MRT$1.50 – $2.50SGD 2.00 – SGD 3.50SMRT$60.00 – $100.00SGD 80.00 – SGD 135.00The Changi Airport MRT provides a direct connection from Changi Airport to various parts of Singapore. Fares are distance-based, and the airport is served by the East-West Line and the upcoming Thomson-East Coast Line.
Bus$0.70 – $2.00SGD 0.95 – SGD 2.70SMRT, SBS Transit$60.00 – $100.00SGD 80.00 – SGD 135.00Buses provide extensive coverage throughout Singapore, offering a cost-effective mode of transportation. Fares vary based on distance, and monthly passes allow unlimited bus rides.
Taxi$3.00 – $5.00SGD 4.00 – SGD 7.00ComfortDelGro, Grab, GojekTaxis provide convenient point-to-point transportation. Fares are metered, and additional charges may apply during peak hours and for advanced bookings.
Grab/Gojek$3.00 – $7.00SGD 4.00 – SGD 9.00Grab, GojekRide-hailing services like Grab and Gojek offer on-demand transportation via car or motorcycle. Fares are determined by distance and demand.
Bicycle Rental$2.00 – $8.00SGD 3.00 – SGD 11.00SG Bike, Anywheel, Moov, and moreBicycle rental services provide an eco-friendly option for short trips within the city. Prices vary based on rental duration and operator.
Electric Scooter Rental$3.00 – $10.00SGD 4.00 – SGD 14.00GrabWheels$100 – $300SGD 100 – SGD 350Electric scooter rentals offer a convenient way to travel short distances. Prices depend on rental duration and operator.
Car Rental$50.00 – $100.00SGD 67.00 – SGD 135.00Rental Cars, Avis, Hertz, GrabRentals, and more$300 – $1000SGD 350 – SGD1500Car rental options are available for longer journeys or specific travel needs. Prices vary based on car type and rental duration.
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Best Rental Cars In Singapore

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Additionally, here are some other related expenses:

  • Gasoline (1 gallon): around $4 – $6 per gallon.
Monthly Cost Of Gas and Petrol For Scooter or car in SingaporeCost in USDCost in SGD (SGD)
Average monthly cost for gasoline, Petrol for scooter or car$30 – $200SGD 45 – 250 SGD

Ultimately, We also recommend renting a Scooter monthly, Train, taking the bus, and Using the eBike and Public Transport This will give you the best experience and save a lot of money, and you can explore Singapore the best this way.

For more information check out the Government Of transportation in Singapore

Here are some potential sources where you can find information about transportation in Singapore:

  1. Land Transport Authority (LTA): The official website of Singapore’s Land Transport Authority provides comprehensive information about the various transportation options available, including MRT, buses, taxis, and more.
  2. SMRT Corporation: SMRT Corporation is one of the major operators of the MRT and bus services in Singapore. Their website offers information on train and bus routes, fares, service updates, and more.
  3. SBS Transit: SBS Transit is another significant operator of bus and train services in Singapore. Their website provides information on bus routes, schedules, fares, and updates on public transportation services.
  4. ComfortDelGro: ComfortDelGro is a prominent taxi service provider in Singapore. Their website offers details on taxi services, booking options, fare information, and other useful resources.
  5. Grab: Grab is a well-known ride-hailing service in Singapore. Their website provides information about their services, including GrabCar and GrabTaxi, along with fare estimates and booking options.
  6. Gojek: Gojek is another popular ride-hailing service operating in Singapore. Their website offers information about their services, including GoCar and GoTaxi, along with fare estimates and booking options.

Cost of Food and Markets In Singapore Explained: Table Of Expenses 2024

Singapore is a popular destination, but you can eat local food at Hawker Centers, Get groceries from the Wet Markets and get groceries at supermarkets to save money. We recommend this instead of spending crazy amounts of money eating out.

Below is a breakdown of the average monthly cost of food in Singapore, including local food, dining out, groceries, supermarkets, street food, and specialty food stores:

Cost of Food in Singapore:

  1. Local Food in Singapore per month: The estimated cost for local food in Singapore per month ranges from $200.00 to $400.00 USD or SGD 270.00 to SGD 540.00. This includes affordable and delicious options like hawker center meals and local street food, which are popular choices among locals and visitors alike.
  2. Mid-Range Restaurants per month: If you prefer dining at mid-range restaurants in Singapore, you can expect to spend around $300.00 to $600.00 USD or SGD 400.00 to SGD 810.00 per month. These restaurants offer a diverse range of cuisines and provide a comfortable dining experience.
  3. Fine-Dining Restaurants per month: For those seeking a more upscale dining experience, fine-dining restaurants in Singapore offer exquisite cuisine and impeccable service. The estimated cost per month ranges from $500.00 to $1,000.00 USD or SGD 670.00 to SGD 1,350.00, allowing you to indulge in gourmet meals and luxurious dining environments.
  4. Groceries per month: To meet your everyday food needs, groceries in Singapore can cost between $200.00 to $400.00 USD or SGD 270.00 to SGD 540.00 per month. This includes a variety of fresh produce, pantry staples, and household items available at supermarkets and local markets.
  5. Supermarkets (Imported Goods) per item: If you’re looking to purchase imported goods at supermarkets in Singapore, you can expect to spend around $5.00 to $20.00 USD or SGD 7.00 to SGD 27.00 per item. These supermarkets offer a wide selection of international products catering to different tastes and preferences.
  6. Street Food per item: Singapore is renowned for its vibrant street food culture, and enjoying a delicious street food item can cost you approximately $2.00 to $10.00 USD or SGD 3.00 to SGD 14.00. Indulge in local favorites like satay, chicken rice, and laksa from various street food stalls across the island.
  7. Specialty Food Stores: Specialty food stores offer unique and premium food products, often focusing on specific cuisines or ingredients. The estimated cost per month for specialty food items ranges from $10.00 to $30.00 USD or SGD 14.00 to SGD 40.00, allowing you to explore gourmet ingredients and culinary delights.

Overall Monthly Cost of Food in Singapore: The overall monthly cost of food in Singapore can range from $200.00 to $2,000.00 USD or SGD 270.00 to SGD 2,700.00. Please note that these are approximate estimates, and individual spending may vary based on personal preferences, dining habits, and lifestyle choices.

If you are on a tight budget, you can save money by eating at local restaurants, buying groceries, and eating street food.

Here are some tips for budgeting your food costs in Singapore:

  • Cook at home more often. This is the most affordable way to eat in Singapore. You can buy groceries at local markets or supermarkets, and there are many affordable Local restaurants.

Here is a table of expenses for the Cost of Food in Singapore per month:

Cost of Food in SingaporeEstimated Cost (USD)Estimated Cost in SGD (SGD)
Local Food in Singapore per month$200.00 – $400.00SGD 270.00 – SGD 540.00
Mid-Range Restaurants per month$300.00 – $600.00SGD 400.00 – SGD 810.00
Fine-Dining Restaurants per month$500.00 – $1,000.00SGD 670.00 – SGD 1,350.00
Groceries per month$200.00 – $400.00SGD 270.00 – SGD 540.00
Supermarkets (Imported Goods) per item$5.00 – $20.00SGD 7.00 – SGD 27.00
Street Food per item$2.00 – $10.00SGD 3.00 – SGD 14.00
Specialty Food Stores$10.00 – $30.00SGD 14.00 – SGD 40.00
Overall Monthly Cost of Food in Singapore$200.00 – $2,000.00SGD 270.00 – SGD 2,700.00

Here is an example table of expenses for the average monthly food and grocery costs in Singapore:

Monthly Food Expenses in SingaporeEstimated Cost (USD)Estimated Cost in SGD (SGD)
Average monthly cost for groceries and local food$200.00 – $800.00SGD 270.00 – SGD 1,080.00
Average monthly cost for dining out$250.00 – $450.00SGD 350.00 – SGD 600.00
Average monthly cost for miscellaneous food items$50.00 – $100.00SGD 70.00 – SGD 140.00
Total average monthly cost for food in Singapore$200.00 – $1,350.00SGD 250.00 – SGD 1,820.00

Here is a table of estimated costs for food and Groceries in supermarkets in Singapore:

Cost of Food and Groceries in Supermarkets in SingaporeEstimated Cost (USD)Estimated Cost in SGD (SGD)
Milk (1 liter)$1.50 – $3.00SGD 2.00 – SGD 4.00
Bread (500g loaf)$1.50 – $3.00SGD 2.00 – SGD 4.00
Rice (1kg)$1.50 – $3.00SGD 2.00 – SGD 4.00
Chicken (1kg)$5.00 – $8.00SGD 7.00 – SGD 11.00
Apples (1kg)$2.50 – $4.00SGD 3.50 – SGD 6.00
Oranges (1kg)$2.00 – $3.50SGD 3.00 – SGD 5.00
Eggs (1 dozen)$2.50 – $4.00SGD 3.50 – SGD 6.00
Cheese (1kg)$10.00 – $15.00SGD 14.00 – SGD 20.00
Beef (1kg)$10.00 – $18.00SGD 14.00 – SGD 25.00
Potatoes (1kg)$1.50 – $3.00SGD 2.00 – SGD 4.00
Tomatoes (1kg)$2.00 – $3.50SGD 3.00 – SGD 5.00
Onion (1kg)$1.50 – $3.00SGD 2.00 – SGD 4.00
Water (1.5 liter bottle)$1.00 – $2.00SGD 1.50 – SGD 3.00
Soft drink (1.5 liter bottle)$1.50 – $3.00SGD 2.00 – SGD 4.00
Beer (330ml bottle)$2.50 – $4.00SGD 3.50 – SGD 6.00
Wine (mid-range bottle)$15.00 – $25.00SGD 20.00 – SGD 35.00
Fast food meal$5.00 – $8.00SGD 7.00 – SGD 11.00
Restaurant meal (mid-range)$12.00 – $20.00SGD 16.00 – SGD 28.00

Cost of Groceries and Food in SingaporeEstimated Cost (USD)Estimated Cost in SGD (SGD)
Meal, Inexpensive Restaurant$6.00 – $12.00SGD 8.00 – SGD 16.00
Meal for 2, Mid-range Restaurant, Three-course$40.00 – $80.00SGD 55.00 – SGD 110.00
Combo Meal at McDonald’s or Similar$5.00 – $8.00SGD 7.00 – SGD 11.00
Domestic Beer (0.5 liter draught)$6.00 – $9.00SGD 8.00 – SGD 12.00
Imported Beer (0.33 liter bottle)$7.00 – $11.00SGD 10.00 – SGD 15.00
Cappuccino (regular)$3.50 – $5.00SGD 5.00 – SGD 7.00
Coke/Pepsi (0.33 liter bottle)$1.50 – $2.50SGD 2.00 – SGD 3.50
Water (0.33 liter bottle)$1.00 – $1.50SGD 1.50 – SGD 2.00
Milk (regular), (1 liter)$2.50 – $3.50SGD 3.50 – SGD 5.00
Loaf of Fresh White Bread (500g)$1.50 – $2.50SGD 2.00 – SGD 3.50
Rice (white), (1kg)$1.50 – $3.00SGD 2.00 – SGD 4.00
Eggs (regular) (12)$2.50 – $4.00SGD 3.50 – SGD 5.50
Local Cheese (1kg)$10.00 – $15.00SGD 14.00 – SGD 20.00
Chicken Breasts (Boneless, Skinless), (1kg)$7.00 – $10.00SGD 10.00 – SGD 14.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$10.00 – $18.00SGD 14.00 – SGD 25.00
Apples (1kg)$3.00 – $5.00SGD 4.00 – SGD 7.00
Banana (1kg)$2.00 – $4.00SGD 3.00 – SGD 6.00
Oranges (1kg)$2.50 – $4.00SGD 3.50 – SGD 6.00
Tomato (1kg)$2.00 – $3.00SGD 3.00 – SGD 4.00

Here is a Table of Local traditional Singaporean Food:

Local Traditional Singaporean FoodDescriptionCost in USDCost in SGD
Hainanese Chicken RiceA popular dish with tender poached chicken served with fragrant rice$3.50 – $5.00SGD 4.50 – SGD 7.00
LaksaA spicy noodle soup with a rich coconut curry broth and toppings$4.00 – $6.00SGD 5.50 – SGD 8.00
Char Kway TeowStir-fried rice noodles with shrimp, Chinese sausage, eggs, and bean sprouts$3.50 – $5.50SGD 5.00 – SGD 7.50
Roti PrataFlaky Indian flatbread served with curry dipping sauce$1.50 – $3.00SGD 2.00 – SGD 4.00
SataySkewered and grilled meat (usually chicken or beef) served with peanut sauce$0.50 – $0.70SGD 0.70 – SGD 1.00
Chili CrabCrabs cooked in a spicy tomato-based chili sauce served with mantou buns$35.00 – $50.00SGD 45.00 – SGD 65.00
Nasi LemakFragrant coconut rice served with fried chicken, egg, sambal, and condiments$2.50 – $4.00SGD 3.50 – SGD 5.50
Bak Kut TehPork ribs simmered in a flavorful herbal soup$5.00 – $8.00SGD 7.00 – SGD 11.00
Kaya Toast with Soft-Boiled EggsToasted bread with sweet coconut jam and soft-boiled eggs$2.00 – $3.50SGD 3.00 – SGD 5.00
RojakA salad of mixed fruits and vegetables dressed in a tangy shrimp paste sauce$2.00 – $4.00SGD 3.00 – SGD 5.50

Cost of Utilities in Singapore Summary and Table of Expenses 2024

Here is an estimated monthly cost breakdown of utilities in Singapore, including electricity, gas, water, internet, and mobile phone services:

Basic electricity / gas:

  • The estimated monthly cost for basic electricity and gas in Singapore ranges from $80.00 to $150.00 (SGD 110.00 to SGD 205.00). The service provider for these utilities is SP Group.

Water:

  • The estimated monthly cost for water in Singapore ranges from $15.00 to $30.00 (SGD 20.00 to SGD 40.00). The Public Utilities Board (PUB) is responsible for providing water services in Singapore.

Internet (Wifi):

  • The estimated monthly cost for internet (Wifi) services in Singapore ranges from $40.00 to $80.00 (SGD 55.00 to SGD 110.00). Various service providers such as Singtel, StarHub, M1, and more offer internet services in the country.

Mobile phone sim card (Prepaid):

  • The estimated monthly cost for a mobile phone sim card (prepaid) in Singapore ranges from $10.00 to $30.00 (SGD 15.00 to SGD 40.00). Service providers like Singtel, StarHub, and Circles.Life offer prepaid sim card options.

Mobile phone plan (Postpaid):

  • The estimated monthly cost for a mobile phone plan (postpaid) in Singapore ranges from $20.00 to $60.00 (SGD 30.00 to SGD 85.00). Service providers such as Singtel, StarHub, M1, and more offer various postpaid plans.

Mobile phone plan (Unlimited data):

  • The estimated monthly cost for a mobile phone plan with unlimited data in Singapore ranges from $30.00 to $80.00 (SGD 40.00 to SGD 110.00). Service providers like Singtel, StarHub, M1, and more offer plans with unlimited data.

Total Monthly Cost of Utilities in Singapore:

  • The total estimated monthly cost of utilities in Singapore ranges from $195.00 to $430.00 (SGD 270.00 to SGD 600.00). The total cost includes all the utilities mentioned above and may vary depending on individual usage and service plans.

Here is an example table of expenses for the average monthly utilities in Singapore:

Monthly Cost of Utilities in SingaporeEstimated Monthly Cost (USD)Estimated Monthly Cost in SGD (SGD)Service Provider
Basic electricity / gas$80.00 – $150.00SGD 110.00 – SGD 205.00SP Group
Water$15.00 – $30.00SGD 20.00 – SGD 40.00PUB
Internet (Wifi)$40.00 – $80.00SGD 55.00 – SGD 110.00Singtel, StarHub, M1, and more
Mobile phone sim card (Prepaid)$10.00 – $30.00SGD 15.00 – SGD 40.00Singtel, StarHub, Circles.Life
Mobile phone plan (Postpaid)$20.00 – $60.00SGD 30.00 – SGD 85.00Singtel, StarHub, M1, and more
Mobile phone plan (Unlimited data)$30.00 – $80.00SGD 40.00 – SGD 110.00Singtel, StarHub, M1, and more
Total Monthly Cost of Utilities in Singapore$195.00 – $430.00SGD 270.00 – SGD 600.00

Here are some reliable sources where you can find information about utilities and service providers in Singapore:

  1. SP Group (Electricity and Gas): SP Group
  2. Public Utilities Board (PUB) (Water): PUB
  3. Singtel: Singtel
  4. StarHub: StarHub
  5. M1: M1
  6. Circles.Life: Circles.Life

Here are some enhanced tips for reducing utility expenses specifically in Singapore:

  1. Opt for Energy-Efficient Appliances: When purchasing appliances like refrigerators, washing machines, and air conditioners, prioritize energy-efficient models. These appliances may have a higher upfront cost, but they can significantly reduce your electricity bills over time.
  2. Unplug Electronics and Use Power Strips: Many electronic devices consume energy even when turned off. Unplug chargers, TVs, and other electronics when not in use, or use power strips with switches to easily turn off multiple devices at once.
  3. Set Temperature Wisely: Use a programmable thermostat to optimize your heating and cooling. Adjust the temperature according to your schedule, lowering it during cooler nights and raising it slightly in warmer months to save on energy costs.
  4. Maximize Natural Lighting: Open curtains and blinds during the day to make the most of natural light. By reducing reliance on artificial lighting, you can lower electricity consumption and enjoy the benefits of natural illumination.
  5. Practice Water-Saving Habits: Take shorter showers to conserve water, and consider installing a water-efficient showerhead for additional water savings. Promptly fix any leaks in faucets, pipes, or toilets to prevent water wastage.
  6. Install Water-Efficient Devices: Upgrade your faucets with aerators to reduce water flow without compromising functionality. Consider installing dual-flush toilets, which provide options for different water volumes when flushing.
  7. Practice smart Laundry Practices: Wait for a full load before running your washing machine or dishwasher to maximize water and energy efficiency. Whenever possible, use cold water for laundry and air-dry your clothes to save on energy from drying machines.
  8. Compare Internet and Mobile Phone Plans: Regularly compare available Internet and mobile phone plans in Singapore to ensure you’re getting the best value for your money. Look for plans that meet your usage requirements and consider bundling services for potential discounts.
  9. Conduct Home Energy Audits: Hire a professional energy auditor to assess your home’s energy efficiency. They can identify areas for improvement such as insulation, air leaks, and energy optimization, helping you make informed decisions to reduce utility expenses.

Pros and Cons of Living in Singapore: Is it the Right Choice for You?

Discover the advantages and considerations of living in Singapore. From its thriving economy and excellent infrastructure to the high cost of living and strict regulations, explore the key factors that shape life in this multicultural and cosmopolitan city-state.

Here are the pros and cons of living in Singapore:

Pros of Living in Singapore:

  • Strong Economy and Employment Opportunities: Singapore boasts a robust economy with numerous job opportunities across various sectors, making it an attractive destination for professionals seeking career growth.
  • Excellent Infrastructure and Public Transportation: The city-state offers modern infrastructure, efficient public transportation systems, and well-maintained roads, ensuring convenience and ease of travel.
  • Clean and Safe Environment: Singapore is known for its cleanliness and strict enforcement of laws, creating a safe and secure living environment.
  • Multicultural and Cosmopolitan Society: With a diverse population comprising different ethnicities and cultures, Singapore offers a vibrant and inclusive social fabric where people from all backgrounds can thrive.
  • High-Quality Education and Healthcare: Singapore’s education system is highly regarded globally, with reputable schools, universities, and research institutions. Additionally, the city-state provides access to top-notch healthcare services and facilities.
  • Efficient and Reliable Public Services: Singapore excels in providing reliable public services, including efficient healthcare, well-maintained public spaces, and a reliable public transportation network.
  • Multilingual Environment: Being a multicultural society, Singapore embraces multiple languages, including English, Mandarin, Malay, and Tamil, facilitating ease of communication.

Cons of Living in Singapore:

  • High Cost of Living: Singapore is known for its high cost of living, including expenses related to housing, transportation, and daily essentials, which may require careful budgeting and financial planning.
  • Limited Living Space: Given its small land area, housing options in Singapore can be limited, leading to higher prices for accommodation and smaller living spaces.
  • Strict Laws and Regulations: Singapore has strict laws and regulations governing various aspects of life, including censorship, public behavior, and restrictions on personal freedoms.
  • Crowded and Dense Population: As a densely populated city-state, Singapore experiences crowded public areas, especially during peak hours, which can lead to congestion and limited personal space.
  • Hot and Humid Climate: Singapore’s tropical climate brings high humidity and year-round warm temperatures, which may take some adjustment for individuals accustomed to cooler climates.
  • Work-Life Imbalance: The fast-paced and competitive nature of Singapore’s working culture can sometimes lead to a work-life imbalance, requiring individuals to actively prioritize self-care and relaxation.
  • Limited Freedoms in Some Ways: While Singapore ensures a safe and secure environment, certain freedoms, such as freedom of speech and assembly, are more restricted compared to some other countries.
  • High Competition in Job Market: Singapore’s competitive job market may require individuals to possess strong skills, qualifications, and relevant experience to secure desirable employment opportunities.
  • Dependency on Imported Goods: Due to limited local resources, Singapore relies heavily on imported goods, which can result in higher prices for certain products and necessities.
Pros of Living in SingaporeCons of living in Singapore
Strong Economy and Employment OpportunitiesHigh Cost of Living
Excellent Infrastructure and Public TransportationLimited Living Space
Clean and Safe EnvironmentStrict Laws and Regulations
Multicultural and Cosmopolitan SocietyCrowded and Dense Population
High-Quality Education and HealthcareHot and Humid Climate
Efficient and Reliable Public ServicesWork-Life Imbalance
Multilingual EnvironmentVery Small
Low Crime RateLimited Freedoms in some ways
Convenient Travel HubHigh Competition in Job Market
Vibrant Food and Dining SceneDependency on Imported Goods

Cost Of Healthcare in Singapore Table of Healthcare Expenses

Medical care in Singapore is great and reliable and has one of the best Healthcare in the world. You can get free healthcare if you are a citizen or resident in Singapore or if you work for an employer.

You can also get free healthcare if you meet certain requirements, but if you are a digital nomad or going for a few months, you will need health insurance from SafetyWing, etc, which is what we do.

Here is a table of Healthcare costs in Singapore:

Cost of Healthcare in SingaporeCost in USDCost in SGD
Doctor’s Visit (General Practitioner)$30.00 – $100.00SGD 40.00 – SGD 135.00
Specialist Visit$50.00 – $150.00SGD 70.00 – SGD 200.00
Prescription Medications (Generic)$5.00 – $30.00SGD 7.00 – SGD 40.00
Prescription Medications (Brand Name)$10.00 – $50.00SGD 14.00 – SGD 70.00
Dental Cleaning$50.00 – $150.00SGD 70.00 – SGD 200.00
Dental Filling$100.00 – $300.00SGD 135.00 – SGD 405.00
Eye Exam$50.00 – $100.00SGD 70.00 – SGD 135.00
Glasses (Basic)$100.00 – $200.00SGD 135.00 – SGD 270.00
Glasses (Designer)$200.00 – $500.00SGD 270.00 – SGD 675.00
Emergency Room Visit$500.00 – $1,500.00SGD 675.00 – SGD 2,025.00
Hospital Stay (Per Day)$1,000.00 – $3,000.00SGD 1,350.00 – SGD 4,050.00
Health Insurance (Individual)$45.00 – $260.00SGD 60.00 – SGD 350.00

SafetyWing Insurance is an innovative travel insurance solution designed for travelers, digital nomads, and remote workers. Whether you’re on a gap year, working abroad, or traveling for business, SafetyWing offers a comprehensive coverage plan to keep you protected and secure during your journey.

Here are just a few reasons why you should try SafetyWing Insurance for your next trip:

  1. Global Coverage: SafetyWing insurance covers you anywhere in the world, including countries that many other insurance companies exclude.
  2. Affordable: SafetyWing offers affordable, more cost-effective insurance options than many other travel insurance plans.
  3. Easy to Use: With SafetyWing, you can sign up, manage your policy, and file claims all from the comfort of your phone or computer.
  4. Wide Range of Coverage: SafetyWing offers coverage for a variety of events, including medical emergencies, trip cancellations, lost or stolen property, and more.
  5. 24/7 Support: SafetyWing provides 24/7 support to its customers, so you can get help when you need it, no matter where you are in the world.

We suggest you also have it, especially if you live as an expat and digital nomad in Singapore. We always use SafetyWing for international travel insurance and medical concerns. They start at $45 a month! It’s incredible and always reliable!

Here are some potential sources where you can find information about healthcare in Singapore:

  1. Ministry of Health (MOH) Official Website – The official website of the Ministry of Health in Singapore provides comprehensive information on healthcare policies, programs, services, and initiatives.

Cost of Taxes in Singapore by Percentage

Here is in depth information for the cost of Taxes in Singapore for each type of Tax:

Individual Income Tax

  • Tax Type: Individual Income Tax
  • Tax Rate: 0% – 22%
  • Important Information:
    • Singapore has a progressive tax system, which means that the tax rate increases as your income increases.
    • The top marginal tax rate is 22%, which applies to income above S$320,000.
    • There are a number of personal reliefs and deductions that can reduce your taxable income.
    • For example, you can claim a personal relief of S$20,000 for yourself, S$15,000 for your spouse, and S$10,000 for each dependent child.
    • You can also claim deductions for things like medical expenses, education expenses, and donations to charity.

Goods and Services Tax (GST)

  • Tax Type: Goods and Services Tax (GST)
  • Tax Rate: 7%
  • Important Information:
    • The GST is a consumption tax, which means that it is paid by the person who purchases the goods or services.
    • The GST is applied to most goods and services sold in Singapore, including food, clothing, transportation, and entertainment.
    • There are a number of exemptions from the GST, such as basic necessities like food and water.

Property Tax in Singapore

  • Tax Type: Property Tax
  • Tax Rate: 0% – 10%
  • Important Information:
    • The property tax is a tax on the value of your property.
    • The tax rate depends on the assessed value of your property.
    • The assessed value of your property is determined by the Inland Revenue Authority of Singapore (IRAS).
    • You can appeal the assessed value of your property if you disagree with it.

Corporate Income Tax in Singapore

  • Tax Type: Corporate Income Tax
  • Tax Rate: 17%
  • Important Information:
    • The corporate income tax rate in Singapore is one of the lowest in the world.
    • This makes Singapore a very attractive place for businesses to set up shop.
    • There are a number of tax incentives available to businesses in Singapore, such as tax deductions for research and development expenses.

Capital Gains Tax in Singapore

  • Tax Type: Capital Gains Tax
  • Tax Rate: 0% – 20%
  • Important Information:
    • The capital gains tax rate in Singapore depends on the holding period of the asset and your income tax bracket.
    • For example, if you sell an asset that you have held for less than a year, you will be taxed at the highest marginal tax rate.
    • If you sell an asset that you have held for more than a year, you will be taxed at a lower rate.
    • There are a number of exemptions from the capital gains tax, such as the sale of your primary residence.

Table for the cost of taxes in Singapore by Type:

Tax Type in Singapore Tax RateImportant Information
Individual Income Tax0% – 22%Resident individuals are subject to graduated tax rates, while non-residents are subject to a flat rate of 15% to 22%.
Goods and Services Tax (GST)7%A tax applied to most goods and services sold in Singapore.
Property Tax0% – 10%The tax rate depends on the assessed value of your property.
Corporate Income Tax17%The standard corporate income tax rate in Singapore.
Capital Gains Tax0% – 20%The tax rate depends on the holding period of the asset and your income tax bracket.

Here are some additional information about the taxes in Singapore:

  • Singapore has a progressive tax system, which means that the tax rate increases as your income increases.
  • There are a number of personal reliefs and deductions that can reduce your taxable income.
  • The GST is a consumption tax, which means that it is paid by the person who purchases the goods or services.
  • The property tax is a tax on the value of your property.
  • The corporate income tax rate in Singapore is one of the lowest in the world.
  • The capital gains tax rate in Singapore is relatively low, and there are a number of exemptions that can reduce your tax liability.

Inflation in Singapore by Year

Inflation in Singapore from 2019 to 2024

YearInflation RateCost of Inflation in Singapore
20190.57%Food prices increased by 0.7%, transport costs increased by 1.2%, and housing costs increased by 0.4%. This was the lowest inflation rate in Singapore since 2016.
2020-0.18%Food prices decreased by 0.2%, transport costs decreased by 0.3%, and housing costs decreased by 0.1%. This was the first time that Singapore had experienced negative inflation since 2009.
20212.30%Food prices increased by 2.6%, transport costs increased by 2.9%, and housing costs increased by 2.2%. This was the highest inflation rate in Singapore since 2011.
20226.10%Food prices increased by 7.7%, transport costs increased by 8.6%, and housing costs increased by 4.5%. This was the highest inflation rate in Singapore since 1982.
20235.05%Food prices increased by 6.8%, transport costs increased by 6%, and housing costs increased by 4.4%. This is expected to remain elevated in 2023.

How inflation affects you

The cost of inflation can vary depending on the individual’s spending habits. However, some of the most common costs of inflation include:

  • Increased food prices: Food is a necessity for everyone, so an increase in food prices can have a significant impact on household budgets. For example, if you spend $500 per month on groceries, an increase in food prices of 2.6% would mean that you would need to spend an additional $13 per month on groceries.
  • Increased transportation costs: Transportation costs can also be a major expense for many people. An increase in transportation costs can make it more difficult to get to work or school, and it can also make it more expensive to travel for leisure. For example, if you spend $100 per month on public transportation, an increase in transportation costs of 2.9% would mean that you would need to spend an additional $3 per month on public transportation.
  • Increased housing costs: Housing costs are another major expense for many people. An increase in housing costs can make it more difficult to afford a home, and it can also make it more expensive to rent. For example, if you spend $2,000 per month on rent, an increase in housing costs of 2.2% would mean that you would need to spend an additional $44 per month on rent.

What you can do to protect yourself from inflation:

There are a number of things that you can do to protect yourself from inflation, including:

  • Budget carefully: Make sure that you are tracking your spending and that you are not overspending in any particular area.
  • Shop around: Compare prices before you make purchases, and look for ways to save money on your everyday expenses.
  • Invest in assets that appreciate in value: This could include things like stocks, bonds, or real estate.
  • Have an emergency fund: This will help you to cover unexpected expenses and to avoid having to borrow money in the event of an emergency.

Reliable Sources for inflation in Singapore:


Main FAQS Section About Cost Of Living In Singapore:

What is the monthly cost of living in Singapore?

The cost of living in Singapore on average, is around $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month. This includes rent, food, transportation, and other costs like utilities and phone bills.

What is the Cost Of Living in Singapore Vs USA?

The Cost Of Living in Singapore is around 20% cheaper than living in New York City, USA, and the average monthly Cost of living in Singapore is $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month in Singapore vs $5500 to $10399 per month living in New York City, United States.

What is the Cost of Accommodation in Singapore?

The Cost of Accommodation in Singapore costs around $800 to $10,200 per month. from a simple studio to a Luxury 3+ bedroom Condo.

What is the best time of year to visit Singapore?

The best time to visit Singapore is all year around because the weather is always hot but the best time to visit Singapore is from December to May.

How Much does it cost to live in Singapore?

On average, living in Singapore costs around $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month.

What is the Cost of Utilities in Singapore?

The Cost of Utilities in Singapore Cost around $100 to $300 per month, depending on your energy consumption!

What is the Cost of Food in Singapore vs USA?

The Cost Of Food in Singapore is 50% cheaper than in New York, United States. Monthly Food Costs in Singapore is from $240 to $1200 per month for a strict vs luxury budget if you shop at the local markets, wet markets, eat at the Hawker centers.

What is the Cost of Food in Singapore vs USA?

The Cost Of Food in Singapore is 50% cheaper than in New York, United States. Monthly Food Costs in Singapore is from $240 to $1200 per month for a strict vs luxury budget if you shop at the local markets, wet markets, eat at the Hawker centers.

What is the Cost Of Rent in Singapore VS USA?

The Cost of Rent in Singapore is 15% cheaper Than in New York, United States A 1 bedroom apartment in Singapore costs $950 to $3500 per month on average, and 1 bedroom Apartment in New York City, United States, Costs over $3170 per month.

What is the Food Expenses In Singapore?

The Food expenses in Singapore is from $240 to $1200 per month. Make sure to eat the local Food, local Food markets, buying meats in bulk from the local store and freezing them, and going to supermarkets to save money.

What is the Rental Expenses In Singapore?

The monthly rent for a 1-bedroom in Singapore is from $950 to $3500 depending on if its outside the cities or inside the cities and budget apartment or luxury.

What is the Expenses for a Single Person in Singapore?

The Expenses for a Single Person in Singapore is from $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month for all expenses.

What is the average cost of Rent In Singapore?

The Average cost of rent in Singapore is around $870 to $3,000 Per Month in Singapore.

What is the average Cost of Transportation In Singapore?

The average cost of transportation in Singapore is about $2 – $30 USD per day or $70 to $1000 per month, Depending if you use a Bus, Train, Public transport and Scooter or personal car.

What is the Cost of Mobile Phone Plan, SIM and Internet Data In Singapore?

The Cost of Phone Data and internet from in Singapore is around $20 to $100 per month.

What is the Cost of Food in Singapore?

The Cost of Food in Singapore costs around $240 to $2000 per month on a budget; try to eat at the local restaurants, local markets and street food for the best and cheapest food to stay on budget!

Is Singapore a Safe place to live?

Yes, Singapore is well known as one of the safest countries in the world! But of course, you always need to watch what you are doing and keep safety of mind as you would anywhere in the world also stay away from Shady Bars and clubs.

Is it expensive to live in Singapore?

Yes, it can be expensive to Live in Singapore. You can expect to spend $1,505 – $10,030 USD (SGD 2,000 – SGD 13,200) Per Month but if you live on a budget and don’t do tourist things. I recommend renting a studio, eating local food at hawker centers, renting a scooter, taking the bus, Metro Train, Public Transport, shopping at the local markets and local food places. If you do this, you will save a lot of money and stay on budget!

What is the Average Salary in Singapore?

the average salary in Singapore was around 3,330 USD – $4,400 USD (SGD 4,500 to SGD 6,000) per month. However, this figure can vary significantly depending on the industry, job position, and the individual’s level of experience and qualifications.

What is a good salary to live in Singapore?

A great Salary to live on in Singapore is around $3000 – $10,000 per month. This will cover all expenses.


Cost of Living in Singapore and Budget Tips Conclusion

Thank you for taking the time to read our comprehensive guide on the cost of living in Singapore. We hope that our insights and suggestions have been helpful in planning your relocation to this beautiful city.

To further assist you in managing your budget while living in Singapore, here are some final tips:

Budget Tips Specifically for Singapore:

  1. Choose a more affordable neighborhood: Consider living in the outskirts of the city where rent and living expenses are typically lower.
  2. Shop at local markets, Wetmarkets, Hawker Centers and grocery stores: You can find fresh produce and ingredients at more reasonable prices compared to larger supermarkets .
  3. Cook at home: Dining out can be expensive in Singapore, so preparing meals at home is a great way to save money.
  4. Take advantage of free or low-cost activities: Singapore offers many free or inexpensive things to do, such as hiking, swimming, and exploring historical sites.
  5. Use public transportation or a scooter: Public transportation and scooter rentals are affordable and reliable ways to get around Singapore.
  6. Consider a long-term rental: Long-term rentals are often more affordable than short-term stays in hotels or vacation rentals.
  7. Set a budget and track your expenses: Staying on top of your spending will help you avoid overspending and maintain financial stability.

In addition to these tips, here are some more budget-friendly suggestions:

  • Seek out local restaurants, which are often more affordable than tourist-oriented establishments.
  • Consider getting a Singapore Tourist Card or a monthly Public Transport card for discounts on attractions, transportation, and activities.
  • Buy a monthly public transportation pass to save money on bus and metro fares.
  • Rent a bicycle or scooter to save on transportation costs.

To ensure a pleasant stay in Singapore, here are a few more tips:

  • Learn some basic Chinese Mandarin phrases to enhance your experience and communicate with locals on Pimsleur, The World Class Language Learning App.
  • Be prepared for crowds, especially during the summer months when Singapore attracts many tourists.
  • Be aware of your surroundings and keep an eye on your belongings to prevent petty crime incidents.
  • Consider renting a furnished apartment if you’re staying for a limited time to avoid the hassle of bringing your own furniture and appliances.
  • If you’re on a tight budget, consider getting a roommate to share the expenses of rent and utilities.
  • Look for deals and discounts to save money on attractions, transportation, and activities.
  • Attend free events that Singapore hosts throughout the year to enjoy entertainment without spending.

When searching for rentals in Singapore, here are 2 popular online rental platforms to consider:

  1. PropertyGuru
  2. 99.co

By following these tips and utilizing the suggested resources, you’ll be well-equipped to make the most of your budget and enjoy your time in Singapore. Best of luck with your relocation!

Additionally, explore other channels such as local university housing offices, HDB Housing, contacting real estate agents, and attending rental fairs to find affordable rentals in Singapore, Airbnb.

For Safety, Police information and Travel Advisory in Singapore, here are reliable sources you can refer to:

  1. Singapore Police Force (SPF) Official Website – Provides information on crime prevention, reporting crimes, and emergency contacts.
  2. Singapore Civil Defence Force (SCDF) Official Website – Offers information on emergency services, including ambulance services, fire safety, and emergency preparedness.
  3. Ministry of Home Affairs (MHA) Official Website – Provides updates on security matters, public safety, and emergency management in Singapore.
  4. Ministry of Foreign Affairs (MFA) Official Website – Offers travel advisories, consular services, and information for Singaporeans traveling abroad.
  5. Singapore Tourism Board (STB) Official Website – Provides general travel information, safety tips, and updates on tourism-related matters in Singapore.
  6. Singapore Tourism Board Government Site
  7. Official Singapore Tourism Board Tourist Friendly Site

Emergency Phone Numbers in Singapore:

  • Police: 999
  • Ambulance and Fire: 995

Here are the official travel advisory websites from the US, Australia, and the UK with anchor text links:

  1. US Department of State – Travel Advisory for Singapore
  2. Smart Traveller – Travel Advisory for Singapore
  3. Foreign, Commonwealth & Development Office – Travel Advisory for Singapore

Vaccines & Meds: We use the travel guides on the CDC website to research recommended medications and vaccines for international trips. You can get them at your primary care doctor’s office or a walk-in pharmacy.

Related articles about Singapore:

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