Cost of Living in Singapore for Expats

Published on July 27, 2026 and written by Cyril Jarnias

Singapore, this dynamic city-state in Southeast Asia, is renowned for its high standard of living and thriving economy. However, it is also known as one of the most expensive cities in the world. If you are considering moving to Singapore as an expatriate, it is crucial to understand the local cost of living to best prepare your budget. In this article, we will explore in detail the various financial aspects of life in Singapore and provide you with practical tips for managing your expenses.

Singapore: An Expensive but Attractive Destination

The cost of living in Singapore is generally considered high, especially compared to other Southeast Asian countries. According to estimates, it is about 25% higher than in France. However, it is important to note that not all expense categories are affected equally, and the cost of living can vary significantly depending on the neighborhood within the city-state.

Comparison with other destinations: – Singapore is generally more expensive than its Asian neighbors like Malaysia, Thailand, or Indonesia. – It ranks among the most expensive cities in the world, alongside metropolises like Hong Kong, New York, or London.

Despite this high cost, Singapore remains a highly sought-after destination for expatriates due to its exceptional quality of life, dynamic economy, and professional opportunities.

Housing: The Biggest Expense

Housing is undoubtedly the largest expense for expatriates in Singapore. Rents are particularly high, especially in central and popular neighborhoods.

Some price examples: – Studio in the city center: between 1800 and 3000 SGD per month (1180 to 1970 €) – 2-room apartment in the city center: between 2800 and 4000 SGD per month (1840 to 2625 €) – 3-room apartment in the city center: between 4000 and 6000 SGD per month (2625 to 3940 €)

It is important to note that prices can vary significantly depending on the neighborhood, type of housing (HDB, condominium, landed property), and amenities offered.

Food: Between Restaurants and Supermarkets

Food in Singapore can represent a significant budget, but there are options for all budgets.

Price examples: – Meal at a hawker center (local food court): 3 to 8 SGD (2 to 5 €) – Meal at a mid-range restaurant: 20 to 40 SGD per person (13 to 26 €) – Weekly grocery basket for one person: 100 to 150 SGD (65 to 98 €)

Imported products, especially European ones, can be significantly more expensive than in France. It is therefore recommended to favor local products to save money.

Transportation: An Efficient Network but Prohibitively Expensive Cars

Singapore has a highly developed and relatively affordable public transportation network.

Examples of fares: – MRT or bus ticket: about 1 to 2 SGD (0.65 to 1.30 €) – Monthly pass: about 100 SGD (65 €) – Taxi ride: between 10 and 25 SGD (6.50 to 16 €) for an average trip

On the other hand, owning a car in Singapore is extremely expensive due to high taxes. The purchase cost of a vehicle can easily exceed 100,000 SGD (65,000 €), even for a mid-range model.

Education: A Significant Investment for Families

For expatriates with children, education is often a major expense, especially if opting for an international school.

Average annual tuition fees: – International primary school: 20,000 to 30,000 SGD (13,100 to 19,700 €) – International secondary school: 25,000 to 40,000 SGD (16,400 to 26,300 €)

There are also more affordable options, such as Singaporean public schools, but access is more limited for expatriates.

Healthcare and Insurance: A High-Performing but Costly System

Singapore’s healthcare system is renowned for its quality, but care can be expensive for expatriates. It is therefore highly recommended to take out international health insurance.

Examples of costs: – Consultation with a general practitioner: 50 to 150 SGD (33 to 98 €) – Annual health insurance: 2000 to 4000 SGD (1310 to 2625 €) depending on coverage

What Budget to Plan for Living in Singapore?

The budget needed to live comfortably in Singapore depends greatly on your lifestyle and household composition. Here are some estimates for reference:

For a single person: – Minimum monthly budget (excluding rent): about 2000 SGD (1310 €) – Comfortable monthly budget (excluding rent): 3000 to 4000 SGD (1970 to 2625 €)

For a couple: – Minimum monthly budget (excluding rent): about 3500 SGD (2300 €) – Comfortable monthly budget (excluding rent): 5000 to 6000 SGD (3280 to 3940 €)

For a family with two children: – Minimum monthly budget (excluding rent and school fees): about 5000 SGD (3280 €) – Comfortable monthly budget (excluding rent and school fees): 7000 to 9000 SGD (4600 to 5910 €)

It is important to note that these estimates do not include rent, which can represent a significant portion of the total budget.

Tips for Managing Your Budget in Singapore

To manage your budget well in Singapore, here are some practical tips:

1. Prioritize housing outside the city center to reduce your rent expenses. 2. Use public transportation instead of buying a car. 3. Eat at hawker centers for affordable and tasty local meals. 4. Shop at local markets and discount supermarkets. 5. Take advantage of the many free activities offered by the city (parks, free museum days, etc.). 6. Compare health insurance plans to find the best coverage at the best price. 7. If you have children, consider Singaporean public schools if possible.

Conclusion: A High Cost of Living but an Exceptional Quality of Life

Although the cost of living in Singapore is undeniably high, the city-state offers in return an exceptional quality of life, a safe and clean environment, and numerous professional opportunities. With good planning and careful budget management, it is entirely possible to fully enjoy this unique expatriation experience.