Salary.sg Forums - View Single Post - How many income groups are there - Low, Middle-low, Middle, Middle-high, High?
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Old 25-10-2011, 10:02 AM
Pepsicola123
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Quote:
Originally Posted by Unregistered View Post
Your numbers are too low for Singapore in this day & age. The more accurate understanding is

Very Low - earning lower than $1500 per mth
Low income - earning between $1500 to $3000
Middle-low - earning somewhat between $3000 to $7000
Middle - earning between $7000 to $14000
Middle-high - earning between $14000 to $22000
High - earning between $22000 to $40000
Very High - earning $40000 onwards
Ultra high - they don't use income... they use assets such as $100mil, etc.
Looks quite reasonable, the only slight change I suggest is

Middle-low - earning somewhat between $3000 to $6000
Middle - earning between $6000 to $14000

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