Cost of living and expenses in Singapore

What are the costs of living, how much do you have to spend on fees and expenses in Singapore? What is the cost of a mortgage, what are the average earnings in Singapore, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Singapore (The last update: 4 days ago)

Currency in Singapore Singapore dollar (SGD). For 10 US dollars you can get 13.4 Singapore dollars. For 100 US dollars you can get 134 Singapore dollars. And the other way around: For 10 Singapore dollars you can get 7.44 US dollars.


See also how prices have changed in previous years: Price changes in previous years in Singapore


What are the different prices in the cities in Singapore? Look here: Prices in cities in Singapore

Prices: Singapore  


Price fees $158 ($95 - $264)

fees

$158 ($95 - $264)
23% is less expensive than in United States

Price internet $35 ($28 - $45)

internet

$35 ($28 - $45)
by half less than in United States

Price jeans $68 ($30 - $97)

jeans

$68 ($30 - $97)
30% more than in United States

Price average earnings $4.51K

average earnings

$4.51K
1.1% is less expensive than in United States

Price renting a small apartment in the center $2.81K ($1.86K - $4.09K)

renting a small apartment in the center

$2.81K ($1.86K - $4.09K)
by half more than in United States

Price renting a large apartment outside the center $3.72K ($2.61K - $5.21K)

renting a large apartment outside the center

$3.72K ($2.61K - $5.21K)
by half more than in United States

The cost of living in Singapore:

  1. One-way Ticket (Local Transport) $1.5 (SGD 2)
  2. Monthly Pass (Regular Price) $95 (SGD 128)
  3. Gasoline (1 liter) $2.1 (SGD 2.8)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $134K (SGD 180K)
  5. Apartment (1 bedroom) in city centre $2.81K (SGD 3.77K)
  6. Apartment (1 bedroom) outside of centre $1.98K (SGD 2.67K)
  7. Apartment (3 bedrooms) in city centre $5.37K (SGD 7.21K)
  8. Apartment (3 bedrooms) outside of centre $3.72K (SGD 5K)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $158 (SGD 212)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $35 (SGD 47)
  11. numb_34 $17.6 (SGD 24)
  12. 1 pair of jeans (Levis 501 or similar) $68 (SGD 92)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $43 (SGD 58)
  14. 1 pair of Nike running shoes or similar $93 (SGD 125)
  15. 1 pair of men's leather shoes $109 (SGD 146)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $118K (SGD 158K)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $1.12K (SGD 1.5K)
  18. Price per square meter for an apartment in the city center $20K (SGD 26.9K)
  19. International Primary School, Annually for 1 Child $27.3K (SGD 36.6K)
  20. Price per square meter for an apartment outside of city centre $12.7K (SGD 17.1K)
  21. Average Monthly Net Salary (After Tax) $4.51K (SGD 6.06K)
  22. Mortgage annual interest rate in percentages (%) 3.5%
  23. Taxi starting fare (normal tariff) $3.2 (SGD 4.4)
  24. Taxi 1km (Normal Tariff) $0.74 (SGD 1)
  25. Taxi 1 hour waiting (normal tariff) $14.9 (SGD 20)
source: hikersbay.com & numbeo.com

Price changes in previous years in Singapore

Price changes in One Square Meter Of An Apartment In The Center over the years: 2010: $12K(SGD 16.1K), 2011: $14.4K(SGD 19.3K), 2012: $13.3K(SGD 17.9K), 2013: $14.4K(SGD 19.3K), 2014: $17.3K(SGD 23.2K), 2015: $19K(SGD 25.5K), 2016: $18.1K(SGD 24.3K), 2017: $18K(SGD 24.2K), and 2018: $16.7K(SGD 22.5K)

Singapore price changes: Price per square meter for an apartment in the city center 2010-2018
Singapore price changes Price per square meter for an apartment in the city center hikersbay.com

Have earnings increased in Singapore?
See the average salary in previous years in 2010: $3.3K(SGD 4.43K), 2011: $2.79K(SGD 3.75K), 2012: $2.34K(SGD 3.15K), 2013: $2.68K(SGD 3.6K), 2014: $2.9K(SGD 3.89K), 2015: $3.18K(SGD 4.28K), 2016: $3.15K(SGD 4.24K), 2017: $3.12K(SGD 4.18K), and 2018: $2.97K(SGD 3.99K)

Singapore price changes: Average Monthly Net Salary (After Tax) 2010-2018
Singapore price changes Average Monthly Net Salary (After Tax) hikersbay.com

Price changes in Fees over the years: 2010: $127(SGD 170), 2011: $141(SGD 189), 2012: $177(SGD 238), 2013: $146(SGD 196), 2014: $143(SGD 193), 2015: $130(SGD 174), 2016: $119(SGD 159), 2017: $114(SGD 153), and 2018: $104(SGD 140)

Singapore price changes: Utilities (electricity, heating, water, garbage) for an 85m2 apartment 2010-2018
Singapore price changes Utilities (electricity, heating, water, garbage) for an 85m2 apartment hikersbay.com

Price changes in Internet over the years: 2010: $32(SGD 43), 2011: $30(SGD 40), 2012: $33(SGD 45), 2013: $30(SGD 41), 2014: $29(SGD 39), 2015: $31(SGD 42), 2016: $32(SGD 43), 2017: $35(SGD 47), and 2018: $32(SGD 43)

Singapore price changes: Internet (60 Mbps or more, unlimited data, cable/ADSL) 2010-2018
Singapore price changes Internet (60 Mbps or more, unlimited data, cable/ADSL) hikersbay.com

Have prices changed in clothing stores in Singapore in recent years?
For example, this is how the prices of jeans have changed in 2010: $107(SGD 143), 2011: $84(SGD 112), 2012: $84(SGD 113), 2013: $93(SGD 125), 2014: $79(SGD 106), 2015: $80(SGD 107), 2016: $75(SGD 100), 2017: $69(SGD 92), and 2018: $69(SGD 93)

Singapore price changes: 1 pair of jeans (Levis 501 or similar) 2010-2018
Singapore price changes 1 pair of jeans (Levis 501 or similar) hikersbay.com

Do you want to learn more about different prices? See the following comparison:

cheese

$18.6 ($7.4 - $45)
by half more than in United States

wine

$22 ($14.9 - $37)
by half more than in United States

bottle of water

$1.1 ($0.74 - $1.9)
by half less than in United States

jeans

$68 ($30 - $97)
30% more than in United States

Burger King or a similar bar

$7.4 ($6 - $8.2)
31% is less expensive than in United States

bananas

$3.2 ($2.1 - $4.7)
twice as much as in United States