CostTrek

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Seoul vs Singapore

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Seoul, KR vs Singapore, SG at a glance — Singapore, SG is 59% more expensive than Seoul, KR overall. Median 1-bed rent runs about $2,600/mo versus $900/mo. Top income tax: 24% vs 45%.

$/ year

To keep the same standard of living in Singapore, SG, you'd need

$119,099 / year

Singapore, SG is 59% more expensive overall

Category breakdown (Singapore, SG vs Seoul, KR)

  • Housing+109%
  • Food & groceries+18%
  • Transport+73%
  • Utilities+38%
  • Healthcare+62%
  • Goods & services+28%

◎ How Seoul, KR and Singapore, SG compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Seoul, KRSingapore, SG

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Seoul, KRSingapore, SG
Cost of living
Overall cost index84134
Housing90188
Food85100
Transport5595
Utilities80110
Healthcare65105
Goods & services95122
Housing
Rent, 1-bed centre$900/mo$2,600/mo
Rent, 1-bed outside$650/mo$1,900/mo
Rent, 3-bed centre$1,900/mo$6,000/mo
Buy price / m² centre$12,000$15,000
Money & purchasing power
$1,000 goes as far as$1,189$749
Inexpensive meal$8$6
Monthly transit pass$45$90
Taxes
Income tax (top rate)45%24%
VAT / sales tax10%9%
Corporate tax24%17%
Capital gains—0%
Economy & salaries
Avg net salary$2,500/mo$4,500/mo
Avg annual wage (OECD, PPP)$61,259✓—
Minimum wage$1,500/mo—
GDP per capita$35,563✓$98,814✓
Inflation (annual)2.3%✓0.9%✓
Work & digital nomad
Digital-nomad visaYesNo
English proficiencyModerateHigh
Coworking spaces40100
Time zoneUTC+9UTC+8
Quality of life
Quality of life (overall)7379
Safety index7888
Healthcare index8288
Pollution index5545
Internet speed220 Mbps280 Mbps
Walkability7580
Public transport9295
Family-friendly6878
Tap waterSafe to drinkSafe to drink
Health insurance—$120/mo
Life expectancy84 yr✓83 yr✓
LGBTQ+ acceptanceLowLow
Climate
January avg-2 °C+26 °C
July avg+25 °C+28 °C
Sunny days / year200160
Rainfall / year1,400 mm2,340 mm
Connectivity
Flight to nearest hub2 h1 h

Taxes & Economy & salaries: South Korea vs Singapore. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

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

Cost of living: Seoul vs Singapore — in your currency

SeoulSingapore
1-bed rent, city centre$900$2,600
1-bed rent, outside centre$650$1,900
Inexpensive meal$8$6
Monthly transit pass$45$90
Utilities (monthly)$80$180

Converted from USD at approximate rates (2026-09).

Good to know before you move to Seoul

A hyper-modern megacity with the world's best transit and internet, K-culture everywhere and remarkable safety. The costs are Western-tier, the work culture intense and the jeonse deposits huge — but a new workation visa is opening the door to nomads.

Currency
South Korean won (₩ KRW)
Languages
Korean
Time zone
UTC+9
Internet
220 Mbps
English
Fairly common
Safety
78/100
Climate
❄ -2°C · ☀ 25°C · 200 sunny days/yr
Tap water
Safe to drink
Power
C/F · 220V
Driving
Right-hand side
Popular areas
Gangnam · Itaewon · Hongdae · Seongsu

Good to know before you move to Singapore

Asia's safest, most efficient business hub — low taxes and world-class infrastructure, with rent and cars among the world's priciest.

Currency
Singapore dollar ($ SGD)
Languages
English, Malay, Mandarin, Tamil
Time zone
UTC+8
Internet
280 Mbps
English
Widely spoken
Safety
88/100
Climate
❄ 26°C · ☀ 28°C · 160 sunny days/yr
Tap water
Safe to drink
Power
G · 230V
Driving
Left-hand side
Popular areas
Tiong Bahru · Holland Village · CBD

? Frequently asked questions

Moving from Seoul to Singapore: cheaper or more expensive?

Moving from Seoul to Singapore, your cost of living will be roughly 59% more expensive. Singapore’s cost-of-living index is 134 versus 84 for Seoul (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Seoul cheaper than Singapore?

Singapore is about 59% more expensive than Seoul overall — its cost-of-living index is 134 versus 84 for Seoul.

Which is more expensive, Seoul or Singapore?

Singapore is more expensive than Seoul. Its cost-of-living index is 134 vs 84 (US = 100) — about 60% higher.

Is rent cheaper in Seoul or Singapore?

Rent is cheaper in Seoul — about $900/month for a one-bedroom in the city centre, vs $2,600 in Singapore.

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

To keep the same standard of living, a $75,000 salary in Seoul is worth about $119,099 in Singapore. Enter your own figure in the calculator above.

Which has lower taxes, Seoul or Singapore?

Singapore has the lower top income-tax rate — 24% versus 45% in South Korea.

◷ More comparisons from Seoul

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.