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Singapore vs Portugal
Compare cost of living, taxes, salaries and visas between Singapore and Portugal.
| Singapore | Portugal | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 134 | 97 |
| Taxes | ||
| Income tax (top rate) | 24% | 48% |
| VAT / sales tax | 9% | 23% |
| Corporate tax | 17% | 21% |
| Capital gains | 0% | 28% |
| Economy & salaries | ||
| Avg net salary | $4,500/mo | $1,300/mo |
| Minimum wage | — | $1,000/mo |
| GDP per capita | $88,000 | $27,000 |
| Life expectancy | 84 yr | 81 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | High |
| Digital-nomad visa | No | Yes |
? Frequently asked questions
Is Singapore cheaper than Portugal?
Portugal is about 28% cheaper than Singapore overall — its cost-of-living index is 97 versus 134 for Singapore.
How much do you need to earn in Portugal to live like in Singapore?
To keep the same standard of living, a $75,000 salary in Singapore is worth about $54,255 in Portugal. Enter your own figure in the calculator above.
Which has lower taxes, Singapore or Portugal?
Singapore has the lower top income-tax rate — 24% versus 48% in Portugal.