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  #2370 (permalink)  
Old 17-05-2013, 05:59 PM
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Originally Posted by Unregistered View Post
$3K monthly income may be the median but according to the latest report, the per capita income in Singapore is $65K pa. Quote from the report :-

"Singapore has one of the highest concentrations of millionaires relative to its population, but the city-state's per capita income of more than S$65,000 in 2012 masks a sharp income gap between the richest and poorest"

Per capita income mean income per person. So for a family of 4, that implies a household income of $260K pa.
$260k sounds pretty high, I suspect the actual household income is closer to 200k.

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