✦ Cost of living
Singapore
National taxes, visas and economy — plus every city we track in Singapore.
The cost of living in Singapore averages 134 on our index (a typical US city = 100) — about 34% more expensive. A one-bedroom rent runs roughly $2,600/mo and the top income-tax rate is 24%. The average net salary is about $4,500/mo.
- Currency
- Singapore dollar ($ SGD)
- Languages
- English, Malay, Mandarin, Tamil
- Capital
- Singapore
- Driving
- Left-hand side
- Power
- G · 230V
▤ Taxes
24%
Income tax
progressive
9%
VAT / sales
17%
Corporate
0%
Capital gains
$4,500
Avg net salary
per month
83.3 yr
Life expectancy
World Bank 2024
✈ Visas & residency
Employment Pass for professionals; ONE Pass for top earners.
✈ Short visits visa-free for many passports.
Employment Passwork
Salary threshold + points (COMPASS).
ONE Passwork
For very high earners / top talent.
❖ Cities in Singapore
⚖ Compare Singapore with other countries
Singapore vs United StatesSingapore vs United KingdomSingapore vs FranceSingapore vs GermanySingapore vs NetherlandsSingapore vs IrelandSingapore vs SpainSingapore vs PortugalSingapore vs ItalySingapore vs SwitzerlandSingapore vs CanadaSingapore vs United Arab EmiratesSingapore vs JapanSingapore vs AustraliaSingapore vs ThailandSingapore vs MexicoSingapore vs ArgentinaSingapore vs IndiaSingapore vs TurkeySingapore vs IndonesiaSingapore vs ColombiaSingapore vs BrazilSingapore vs AustriaSingapore vs South Korea