CostTrek

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Canada vs Singapore

Singapore is {pct} {word} than Canada. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Singapore to match Canada.

Canada vs Singapore at a glance — Singapore is 17% more expensive than Canada overall. Average net salary: $4,500/mo vs $3,300/mo. Top income tax: 24% vs 33%.

CanadaSingapore
Cost of living
Cost of living index114134
Taxes
Income tax (top rate)33%24%
VAT / sales tax5%9%
Corporate tax26.5%17%
Capital gains—0%
Economy & salaries
Avg net salary$3,300/mo$4,500/mo
Minimum wage$1,900/mo—
GDP per capita$55,698✓$98,814✓
Inflation (annual)2.1%✓0.9%✓
Life expectancy82 yr✓83 yr✓
Quality of life
LGBTQ+ acceptanceHighLow
Digital-nomad visaYesNo

✓ = official statistics (World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

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? Frequently asked questions

Is Canada cheaper than Singapore?

Singapore is about 17% more expensive than Canada overall — its cost-of-living index is 134 versus 114 for Canada.

How much do you need to earn in Singapore to live like in Canada?

To keep the same standard of living, a $75,000 salary in Canada is worth about $87,821 in Singapore. Enter your own figure in the calculator above.

Which has lower taxes, Canada or Singapore?

Singapore has the lower top income-tax rate — 24% versus 33% in Canada.