Cost of Living in Singapore
Learn what to expect when it comes to housing, food, transport, and healthcare costs in one of Asia’s most dynamic cities.
Singapore is one of the most liveable cities in the world—but also one of the most expensive. Here’s what expats need to know to plan their budget.
Why Singapore Is Both Attractive and Expensive
Singapore consistently ranks as one of Asia’s top destinations for expatriates, offering world-class infrastructure, a safe environment, and excellent healthcare and education systems. However, the high quality of life comes with a high price tag—especially for housing, international schooling, and private healthcare.
For expats used to affordable living in other Southeast Asian countries, Singapore’s costs may come as a surprise. Proper budgeting and understanding what drives expenses are essential to maintaining a comfortable lifestyle.
Monthly Living Costs by Category
Here’s an average breakdown for a single professional or a couple living in Singapore:
Housing
1-bedroom apartment (central): SGD 3,000–4,500
1-bedroom apartment (suburban): SGD 2,200–3,200
3-bedroom apartment (family): SGD 5,000–8,000+
Utilities & Internet
Electricity, water, gas: SGD 150–300/month
Internet (fiber broadband): SGD 50–70/month
Food
Hawker meal: SGD 4–8
Mid-range restaurant (two people): SGD 50–100
Monthly groceries: SGD 400–700 depending on imported items
Transport
MRT/bus pass: SGD 100/month
Taxi or Grab (short ride): SGD 10–20
Car ownership: Expensive due to taxes and COE (Certificate of Entitlement)
Healthcare
GP visit (private clinic): SGD 50–100
Specialist consultation: SGD 120–250
Health insurance: SGD 1,500–6,000/year depending on age and coverage
Cost Variations by Lifestyle and Needs
Single Professionals: Can manage with SGD 3,500–5,000/month in shared housing or small units.
Couples: Should plan for SGD 5,000–7,000/month with modest lifestyle.
Families with Children: Budget SGD 10,000–15,000/month including international school fees (SGD 20,000–40,000/year per child).
Costs also vary by neighborhood. Central districts like Orchard, Holland Village, and River Valley are more expensive than outer areas like Punggol, Woodlands, or Pasir Ris.
Don’t Overlook Health Insurance
Public healthcare is excellent in Singapore—but subsidized only for citizens and PRs. Expats must rely on private insurance or pay full price at private hospitals and clinics. This makes international health insurance a must-have, especially for families or those with chronic conditions.
At Interexpat, we help expats in Singapore find plans that include:
Inpatient and outpatient care
Emergency services and specialist care
Maternity and newborn coverage
Dental and optical options
