Cost of Living in Singapore
The cost of living in Singapore is on the rise. The Mercer Cost of Living Survey for 2015 ranked it the fourth most expensive city in the world out of 207 cities, just after Hong Kong and Zurich, but well ahead of cities like London and New York.
The good news is that professional salaries generally match the high cost of living, and expat packages can include benefits like transport, school fees and accommodation allowances.
But amidst increased competition for jobs, expats interested in working in Singapore may need to accept a salary without too many additional benefits.
Cost of food in Singapore
Expats will find that purchasing western products can be very expensive. However, with so many choices of delicious cuisine available, eating out can be affordable, as long as expats stick to local places.
Cost of transportation and accommodation in Singapore
Public transport is efficient and cheaper to use than taxis or private vehicles, with weekly EZ-link travel cards providing good value for money.
If saving is a priority, expats may want to reconsider having a luxury condo or a car. The cost of living in Singapore is relatively inexpensive if expats choose to live in public housing and use public transport. On the other hand, living as many western expats do results in high living costs but a high quality of life.
Cost of Living in Singapore chart
Prices may vary depending on product and service provider. The list below shows average prices for March 2016.