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Singapore vs Thailand

Compare cost of living, taxes, salaries and visas between Singapore and Thailand.

SingaporeThailand
Cost of living
Cost of living index13463
Taxes
Income tax (top rate)24%35%
VAT / sales tax9%7%
Corporate tax17%20%
Capital gains0%β€”
Economy & salaries
Avg net salary$4,500/mo$800/mo
Minimum wageβ€”$300/mo
GDP per capita$88,000$7,500
Life expectancy84 yr79 yr
Quality of life
LGBTQ+ acceptanceLowModerate
Digital-nomad visaNoYes

? Frequently asked questions

Is Singapore cheaper than Thailand?

Thailand is about 53% cheaper than Singapore overall β€” its cost-of-living index is 63 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 $35,268 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 β€” 24% versus 35% in Thailand.