Cost of Living in Singapore: Comprehensive Guide for 2025

Singapore, a dynamic city-state known for its modern infrastructure and high standard of living, is often regarded as one of the most expensive cities in the world. Understanding the cost of living in Singapore is crucial for anyone planning to relocate, work, or study in this bustling metropolis. In this guide, we provide an in-depth breakdown of the various expenses you may encounter in Singapore in 2025.

1. Housing Costs

Housing is one of the most significant expenses in Singapore. Whether you choose to rent or purchase, the costs can vary widely depending on the location, property type, and amenities.

HDB Flats

• Rental Costs: Public Housing and Development Board (HDB) flats are a popular option for locals and expatriates. Monthly rents for a two-bedroom HDB flat range from SGD 1,500 to SGD 3,000.

• Purchasing Costs: Buying an HDB flat typically costs between SGD 300,000 and SGD 800,000, depending on the size and location.

Private Condominiums

• Rental Costs: Private condos are ideal for those seeking luxury amenities such as swimming pools and gyms. Monthly rents start at SGD 3,000 and can go up to SGD 10,000.

• Purchasing Costs: Prices for private condominiums range from SGD 800,000 to over SGD 2 million.

Landed Properties

Landed properties, including bungalows and terrace houses, are the most expensive housing options, with monthly rents exceeding SGD 12,000 and purchase prices starting at SGD 2.5 million.

2. Transportation Expenses

Singapore’s efficient public transportation system makes getting around the city convenient and affordable. However, owning a car is a luxury due to high ownership costs.

Public Transportation

• MRT and Buses: Monthly commuting costs for MRT and bus services average between SGD 100 and SGD 150.

• Taxis and Ride-Hailing: Taxi fares start at SGD 3.90, while ride-hailing services such as Grab and Gojek cost approximately SGD 10 to SGD 20 for short trips.

Car Ownership

• Certificate of Entitlement (COE): To own a car, you must purchase a COE, which costs around SGD 80,000 to SGD 100,000.

• Monthly Costs: Including fuel, insurance, and maintenance, car ownership can cost upwards of SGD 2,000 per month.

3. Food and Dining

Singapore is a food lover’s paradise, offering options for every budget.

Hawker Centers

Affordable and delicious, meals at hawker centers typically cost between SGD 4 and SGD 8.

Mid-Range Restaurants

Dining at mid-range establishments costs around SGD 20 to SGD 50 per person, excluding drinks.

Fine Dining

High-end restaurants charge SGD 100 to SGD 300 per person for an elaborate meal.

4. Education Costs

Singapore cost of living offers excellent educational opportunities, but these can be expensive for expatriates and private school students.

Public Schools

• Local public schools charge minimal fees for citizens but cost SGD 6,000 to SGD 15,000 annually for expatriates.

International Schools

• Tuition fees for international schools range from SGD 25,000 to SGD 50,000 annually, depending on the curriculum and grade level.

5. Healthcare Expenses

Singapore boasts a world-class healthcare system with both public and private options.

• Public Healthcare: Consultation fees at public clinics start at SGD 50, with subsidies available for citizens.

• Private Healthcare: Consultation fees at private clinics range from SGD 100 to SGD 200, with specialist consultations exceeding SGD 500.

• Health Insurance: Monthly premiums for health insurance plans range from SGD 100 to SGD 300.

6. Entertainment and Leisure

Recreational activities and entertainment options abound in Singapore, but they come at varying costs.

• Cinemas: Movie tickets cost between SGD 12 and SGD 18.

• Gyms and Fitness Clubs: Membership fees range from SGD 100 to SGD 250 per month.

• Nightlife: A night out at bars and clubs can cost upwards of SGD 100, including drinks and cover charges.

7. Utility Costs

Utilities such as electricity, water, and internet are essential expenses for any household.

• Electricity and Water: Monthly bills for a typical apartment range from SGD 150 to SGD 300.

• Internet and Mobile Plans: Internet subscriptions cost SGD 50 to SGD 100 per month, while mobile plans average SGD 30 to SGD 80 per month.

8. Miscellaneous Expenses

• Groceries: Monthly grocery bills for a small family average SGD 400 to SGD 800.

• Clothing and Accessories: Shopping at local malls and boutiques can cost anywhere from SGD 50 to SGD 500 per month, depending on preferences.

• Childcare: Daycare services range from SGD 1,000 to SGD 2,500 per month.

Living cost in Singapore requires careful financial planning due to its high costs. By understanding and budgeting for these expenses, individuals can enjoy the vibrant lifestyle and unparalleled opportunities that this global city offers.