Quote:
Originally Posted by Unregistered
$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.
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Per capita income is GDP divided by population. This is in no way representative of salary and personal income. Please don't mislead.