I can’t believe there are actually dumb people who ask this sort of questions when statistics are available for interpretation and consumption. Unless of course you don’t even have the skillset to search and study on your own.
According to h t t p s://.salary.sg/2022/compare-your-annual-income-2021/
Disregarding non tax payers, SGD57.8K P.A. puts you on the 50th percentile.
SGD70.5K P.A.= top 40% of all resident tax payers
SGD89.7K P.A.= Top 30% of all resident tax payers
SGD124K P.A.= Top 20% of all resident tax payers
SGD186K P.A.= Top 10% of all resident tax payers
SGD700K P.A. = Top 1% of all resident tax payers
According to
MOM: h t t p s://stats.
mom.gov.sg/Pages/Income-Summary-Table.aspx
In the same year,
MOM also released statistics which considers all the residents in Singapore including those who are exempted from tax due to too low income.
Median wage = 4680
Bottom 20%tile = 2500
This figure includes AWS,
VB, Employer and employee
CPF, allowances, OT (basically everything that goes to your name regardless where it is credited to)
4680 * 12 = 56160 Annual Income
56160 / 1.17 = 48K (Gross Before considering employer
CPF)
Assuming AWS + 1Mth
VB + 12 Month = 14
48/14 = 3.43K/mth
You are median if you make about 3430/mth which includes your allowance and OT before your AWS and bonus.
MOM provides figures base on breakdown too. Please go and do some research before asking stupid questions again.
h t t p s ://stats.
mom.gov.sg/Pages/IncomeTimeSeries.aspx
You are welcome to challenge
MOM and IRAS for the figures if you think you have better knowledge on statistics. Rather than posting such questions in the forum and get nonsense, please do the necessary research and speak with facts and figures.