CostTrek

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Singapore vs Thailand

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

Singapore vs Thailand at a glance — Thailand is 58% cheaper than Singapore overall. Average net salary: $800/mo vs $4,500/mo. Top income tax: 35% vs 24%.

SingaporeThailand
Cost of living
Cost of living index13456
Taxes
Income tax (top rate)24%35%
VAT / sales tax9%7%
Corporate tax17%20%
Capital gains0%—
Economy & salaries
Avg net salary$4,500/mo$800/mo
Minimum wage—$300/mo
GDP per capita$98,814✓$8,057✓
Inflation (annual)0.9%✓-0.1%✓
Life expectancy83 yr✓77 yr✓
Quality of life
LGBTQ+ acceptanceLowModerate
Digital-nomad visaNoYes

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

⚖ Related comparisons

? Frequently asked questions

Is Singapore cheaper than Thailand?

Thailand is about 58% cheaper than Singapore overall — its cost-of-living index is 56 versus 134 for Singapore.

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

To keep the same standard of living, a $75,000 salary in Singapore is worth about $31,269 in Thailand. Enter your own figure in the calculator above.

Which has lower taxes, Singapore or Thailand?

Singapore has the lower top income-tax rate — 24% versus 35% in Thailand.