Singapore, often referred to as the "Lion City," is renowned for its thriving economy, modern infrastructure, and high quality of life. However, it is also known for its relatively high cost of living. For those planning to move to or reside in Singapore in 2025, understanding the singapore cost of living. This guide offers a detailed breakdown of the cost of living in Singapore, covering essential aspects such as housing, food, transportation, healthcare, and more.
Housing Costs in Singapore
Housing is typically the largest expense for residents in Singapore. The cost of accommodation varies significantly depending on the type of housing and its location.
HDB Flats
Housing Development Board (HDB) flats are government-subsidized apartments and are a popular choice among locals and some permanent residents. Monthly rental costs for HDB flats in 2025 are as follows:
1-bedroom flats: SGD 1,500 - SGD 2,500
3-bedroom flats: SGD 2,800 - SGD 4,000
Private Apartments and Condominiums
For those seeking more luxurious options, private apartments and condominiums are available. These often come with amenities such as swimming pools, gyms, and security services. Monthly rental costs include:
1-bedroom apartments: SGD 3,000 - SGD 5,000
3-bedroom apartments: SGD 6,000 - SGD 10,000
Landed Properties
Landed properties, such as bungalows and terrace houses, cater to families or individuals who desire more space and privacy. Monthly rentals range from SGD 10,000 to SGD 30,000, depending on the location and size of the property.
Food and Dining Expenses
Singapore offers a vibrant culinary scene, catering to a wide range of budgets.
Hawker Centres and Food Courts
Hawker centres are the heart of Singapore’s food culture, providing affordable meals. A meal at a hawker centre typically costs between SGD 4 and SGD 10. Popular dishes include Hainanese chicken rice, laksa, and satay.
Mid-Range Restaurants
Dining at mid-range restaurants will cost more, with meals averaging between SGD 20 and SGD 50 per person. Cuisine options range from local favorites to international fare.
Fine Dining
For a premium dining experience, fine-dining establishments charge approximately SGD 100 to SGD 300 per person, excluding wine or other beverages.
Transportation Costs
Singapore’s transportation system is efficient, reliable, and relatively affordable.
Public Transport
The Mass Rapid Transit (MRT) and bus services are the most common modes of transportation. Costs include:
Single MRT ride: SGD 1.50 - SGD 2.50
Monthly transport pass: SGD 120 - SGD 150
Taxi and Ride-Hailing Services
Taxis and ride-hailing services like Grab offer convenience but come at a living cost in singapore. Average fares are as follows:
Short ride (up to 5 km): SGD 10 - SGD 15
Longer ride (up to 15 km): SGD 20 - SGD 40
Owning a Car
Owning a car in Singapore is expensive due to high Certificate of Entitlement (COE) prices. Typical costs include:
COE (10-year ownership): SGD 80,000 - SGD 120,000
Monthly car loan and maintenance: SGD 1,500 - SGD 2,500
Healthcare Costs
Singapore’s healthcare system is world-class but comes at a price for expatriates without government subsidies.
General practitioner visit: SGD 50 - SGD 100 per consultation
Specialist consultation: SGD 150 - SGD 300
Hospital stay (private room): SGD 800 - SGD 2,000 per night
For those with medical insurance, out-of-pocket expenses are significantly reduced.
Education Costs
Singapore is home to top-tier schools and universities, making it a desirable location for families with children.
Local schools: SGD 200 - SGD 400 per month (for permanent residents)
International schools: SGD 20,000 - SGD 50,000 per year
Tertiary education: SGD 8,000 - SGD 20,000 per year for local universities, with higher fees for private institutions.
Utilities and Internet
Monthly utility costs depend on household size and usage.
Electricity, water, and gas: SGD 150 - SGD 300
Mobile phone plans: SGD 20 - SGD 50
High-speed internet: SGD 40 - SGD 80
Entertainment and Leisure
Singapore offers a range of entertainment options, from free public parks to high-end activities.
Gym memberships: SGD 100 - SGD 200 per month
Cinema tickets: SGD 13 - SGD 20 per ticket
Nightlife: SGD 20 - SGD 50 per drink at bars and clubs
Attractions: SGD 20 - SGD 50 for entry to places like Universal Studios or the Singapore Zoo
Grocery and Shopping Costs
For day-to-day grocery shopping, costs vary depending on preferences.
Basic groceries: SGD 300 - SGD 500 per month for a family of four
Premium imported items: Significantly higher prices
Shopping for clothing and electronics in Singapore can range from affordable options in markets to luxury items in high-end malls.
Conclusion
The cost of living in singapore in 2025 reflects the city-state’s status as a global hub. While certain expenses, such as housing and transportation, are higher than in many other countries, the quality of life and opportunities make it a worthwhile investment for many.
