β¦ Compare countries
Singapore vs Australia
Compare cost of living, taxes, salaries and visas between Singapore and Australia.
| Singapore | Australia | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 134 | 123 |
| Taxes | ||
| Income tax (top rate) | 24% | 45% |
| VAT / sales tax | 9% | 10% |
| Corporate tax | 17% | 30% |
| Capital gains | 0% | β |
| Economy & salaries | ||
| Avg net salary | $4,500/mo | $3,900/mo |
| Minimum wage | β | $2,600/mo |
| GDP per capita | $88,000 | $65,000 |
| Life expectancy | 84 yr | 83 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | High |
| Digital-nomad visa | No | No |
? Frequently asked questions
Is Singapore cheaper than Australia?
Australia is about 8% cheaper than Singapore overall β its cost-of-living index is 123 versus 134 for Singapore.
How much do you need to earn in Australia to live like in Singapore?
To keep the same standard of living, a $75,000 salary in Singapore is worth about $68,977 in Australia. Enter your own figure in the calculator above.
Which has lower taxes, Singapore or Australia?
Singapore has the lower top income-tax rate β 24% versus 45% in Australia.