✦ Compare countries
Singapore vs Spain
Compare cost of living, taxes, salaries and visas between Singapore and Spain.
| Singapore | Spain | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 134 | 104 |
| Taxes | ||
| Income tax (top rate) | 24% | 47% |
| VAT / sales tax | 9% | 21% |
| Social security (employee) | — | 6.4% |
| Corporate tax | 17% | 25% |
| Capital gains | 0% | 28% |
| Economy & salaries | ||
| Avg net salary | $4,500/mo | $1,900/mo |
| Minimum wage | — | $1,300/mo |
| GDP per capita | $88,000 | $34,000 |
| Life expectancy | 84 yr | 83 yr |
| Quality of life | ||
| LGBTQ+ acceptance | Low | High |
| Digital-nomad visa | No | Yes |
? Frequently asked questions
Is Singapore cheaper than Spain?
Spain is about 22% cheaper than Singapore overall — its cost-of-living index is 104 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 $58,433 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.