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Singapore vs Spain

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

Singapore vs Spain at a glance — Spain is 25% cheaper than Singapore overall. Average net salary: $1,900/mo vs $4,500/mo. Top income tax: 47% vs 24%.

SingaporeSpain
Cost of living
Cost of living index134100
Taxes
Income tax (top rate)24%47%
VAT / sales tax9%21%
Social security (employee)—6.4%
Corporate tax17%25%
Capital gains0%28%
Economy & salaries
Avg net salary$4,500/mo$1,900/mo
Minimum wage—$1,652/mo✓
GDP per capita$98,814✓$38,627✓
Inflation (annual)0.9%✓2.7%✓
Life expectancy83 yr✓84 yr✓
Quality of life
LGBTQ+ acceptanceLowHigh
Digital-nomad visaNoYes

✓ = official statistics (Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

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? Frequently asked questions

Is Singapore cheaper than Spain?

Spain is about 25% cheaper than Singapore overall — its cost-of-living index is 100 versus 134 for Singapore.

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

To keep the same standard of living, a $75,000 salary in Singapore is worth about $56,350 in Spain. Enter your own figure in the calculator above.

Which has lower taxes, Singapore or Spain?

Singapore has the lower top income-tax rate — 24% versus 47% in Spain.