Hi all, I'm currently overseas and has job offers from Singapore. The best offer is more than $9k per month and averages on 4-5 months bonuses.
I've been away from SG for more than 6 years and my sense from reading articles (e.g. restaurants reviews on Yahoo.sg which shows menu prices) is that cost-of-living is very high in SG. On the other hand, the 'official' cost-of-living index from Singstats paints a different picture and so I really don't know what to make of this. Apart from that, I feel the quality of life in Singapore pales in comparison as there's less things to do here for recreation. But I guess that's a separate consideration.
So my question is: Based on the package I was offered, is it possible to have a life where I can own a car, pay mortgage on
HDB, take my family (1 wife+1 child) out for occasional restaurant meals (~twice a month), one overseas trip a year, and still have enough to save for retirement? Also, let's assume my wife will not be working.
If these are not possible on this package, what is the most dispensable thing on my list?
Sorry for this long post, but I'm trying to gather as much from y'all collective wisdom. Thank you so much!