Cost of Living in Singapore

Whether you're retiring, temporarily relocating, or moving to Singapore for good, it's helpful to have a picture of what life there will cost as an expat. Using Wise could help you reduce your overall costs. Now you can send, receive, and organise your money internationally, without hefty fees.

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$3,840

Average cost per month

1

Distribution of Expenses

Property
73%
Groceries
12%
Eating Out
5%
Transportation
3%
Utilities
4%
Leisure
3%
Property
73%
Groceries
12%
Eating Out
5%
Transportation
3%
Utilities
4%
Leisure
3%

Cost of living breakdown for Singapore

Living costs in Singapore can vary. You can expect to spend around $3,840 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.

Housing

$2,676Average rent per month in Singapore
$23,989Price per m² (city centre)
$16,432Price per m² (outside centre)
Housing

Standard of Living

Cost of living index65
Quality of life index72
Safety index84
Standard of Living

Food & Drink

Singapore average costs for food and drink.

$424Monthly groceries/person
$175Dining out average cost/person
$5Regular coffee
Food & Drink

Salary & Services

Singapore average salaries and services.

$4,322Average Monthly Net Salary in Singapore
$100Transport
Healthcare71
Salary & Services

Average living costs in Singapore

ItemAverage pricePrice range
1 Bedroom Apartment in City CentreRent Per Month$2,676.21$1,800.00 - $3,920.10
1 Bedroom Apartment Outside of CentreRent Per Month$2,053.85$1,411.24 - $2,744.07
3 Bedroom Apartment in City CentreRent Per Month$5,498.70$3,920.10 - $7,840.20
3 Bedroom Apartment Outside of CentreRent Per Month$3,735.35$2,744.07 - $5,488.14

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Frequently asked questions

The cost of living in Singapore depends on your lifestyle and location. On average, a single person needs $1,164 per month without rent, while a family of four requires $4,216. Renting a 1-bedroom apartment in the city centre costs an additional $2,676 on average.

Public transport prices vary, but generally, a one-way ticket for local transport in Singapore costs $2. If you are commuting regularly, a monthly pass is typically priced at $100.

The average monthly net salary (after tax) in Singapore is currently $4,322.

Dining costs depend on your choices. A meal at an inexpensive restaurant in Singapore costs approximately $11, while a three-course meal for two people at a mid-range restaurant costs around $67.

The estimated monthly cost of living in Singapore for a single person is $1,164, excluding rent.

For a family of four living in Singapore, the estimated monthly costs are $4,216, not including rent.

Rent prices in Singapore depend on location. The average monthly rent for a 1-bedroom apartment in a city centre is $2,676, compared to $2,054 outside the centre. For a 3-bedroom apartment, the average is $5,499 in city centres and $3,735 in suburban areas.

Basic utilities in Singapore (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of $154 per month. Internet access typically adds another $28.