how much money is needed to live comfortably in singapore?
how much money is needed to live comfortably in singapore?
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it all depends on how you define "comfortably". rent for a upmarket condo for family of 4: $7k school: $3k car loan: $3k utilities, phone bills: $1k dinners: $2k entertainment, misc: $4k (my family live "comfortably" for just 7k a month.) :) |
yah i think 6 to 7 would be good
if you have 2 kids and wife not working |
yea no family no kids.. just moving to singapore in the next couple months and want to see how I will survive out there making 7K a month
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wow. you guys are damn good. making 7K a month. i can survive in singapore for just 2K (nett) per month.
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At least $12k/month.
Bills: $1k Car: $2k House: $1k Kids: $1k Wife/Parents: $1k Food: $1k Remaining $5k for savings/investments. |
For a single 3.5 - 4K is good enough anything more is savings.
1.2K for a shared apartment. 1K for for weekdays expenses 1K for weekend expenses 500/month for a out-of-Singapore trip once in a while 5K/yr for the trip back home. To me this is more than comfortable and less than 25% of singles (guessing) in Singapore can afford this living. |
yea i see..
along with living comfortably def looking to be able to put savings away on a monthly basis.. i've heard cars are expensive in singapore.. is this true? |
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the cheaper toyota vios costs $76,888 (about $57k USD). see Toyota |
how much is a pretty nice 2br apt/condo in singapore per month??
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Hi,
No offence, but the problem with your question is that comfort is very dependent to individual taste and wants. And everyone is different ! So to hijack your thread, maybe can i ask what is the lowest amount of money one needs to survive in singapore ? And how you can maximise every single dollar. By the way, definition of survive is to be healthy, able to go to doc when needed, not to go hungry, buy basic school textbook (for kids). etc State your assumptions please, like some have done. ie do you mean single adult, or family of 2A+2 schooling kids. Let me start by giving my guess below : 1 Adult (living in rented premise, 1 room flat) - $500. Basis : Rent - 120, Food & amendities - 240, transport- 30, misc-110 Quote:
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yes my question is very vague.. i really meant how much is needed to get by in singapore..
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Interestingly, there was this educated couple in UK (if i recalled correctly) that tried to measure this very precisely in a 16 weeks study on themselves. They had no children. They also videotaped their movements.
They calculated every (and i meant every) single cent they spend, meaning on food, drinks, etc and tried to use as little money as possible. I think one of them worked, the other didnt. Recalled that it came to around S$800 pm. I think it will be an interesting study to see how little singaporeans can live decently by if ever anyone is going to commit to such a study. |
what is the rent in singapore for a 2 bhk condo..??
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two kids
monthly allowance boy 160 girl 100 Chinese Tuition 180 180 A Maths Tuition Boy 150 P6 Tuition - 3 subjt 480 Physics boy 300 Total Tuition $1550 PUB 230 Tel 75 Conservancy 280 maid 645 Marketing 900 Weekend meals / ent 500 Total $2630 pm Holidays $15k pa some abt $1300 pm Clothes 1000 each pa / child books 500 each pa / child school uniforms / 500 each pa / child pa 4000 or $350 pm Car x 2 = 2000pm Household expenses $6,280.00 This does not include any personal spending, eg clothes, spa, gadgets etc So monthly income must be about $15k pm to be comfortable. If husband earns $5k per month not enough. |
I did a few months study of my own family. We have only got 1 kid, part time maid and I did not take into account of my dh expenses including the car.
We need $3000 for survival (including insurance). It is not comfortable at all. It mean cannot eat outside, cannot buy new clothes, no cds, no movies, no new toys, no snack, no junk food. It also mean we got to eat overleft food, do groceries shopping once every fortnight (plan all your meals), no air-con, no fan if possible. |
A Good Life
Add to the thread. Here's how the top 0.3% or 10000 families live?
Profile : married with 3 kids , couple aged mid thirties. Both husband & wife involved in own business Per annum expenses Food & dining out : $40,000 (groceries + dining out) Holidays : $50,000 (about 5 hols) Gifts : $48,000 (to elders) Education : $18,000 Housing loan interest : $40,000 Car : $6000 (no loan, just expenses) Shopping & entertainment: $20,000 Household & maid : $15,000 Misc cash : $20,000 Insurance : $10,000 Total spend annually about $270K. Annual family income varies from $800K - 1+M. |
average man
i think $5k/mth income shd be comfortable in spore, with a kid and wife and still able to own a small car. Anything less will be "stressful".....something got to let go to adjust the correct lifestyle.....sad.
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Is 48000$SD enough for single guy coming to singapore?
Hi Guys,
I've read some posts here on this forum and thought i can get some useful info. I've been offered a job as senior analyst in Spore with salary of 48k$SD year. Just wanted to know if this is enough taking into account: Rent - 1 BHK sorts, nothing too fancy, just basic amenities, well connectivity, no poky neighbours roommates etc Food - Not too much of restaurant eater. can survive on hawker stalls as heard on such forums that these are pretty cheap. Travel - not interested in car, willing to opt for MRT or buses Approx. Miscelln - cellphone, personal shopping, once a quarter travel to homeplace-india. Any ideas and suggestion will be appreciated. Thanks Jeff |
Are SGD$17700 enough while we settle down and get a job?
Hi, My fiancee and I are planning on moving to Singapore. If you could help us to sort this out we would appreciate. As of today I don't have a job offer so I think I can only get EPEC to be able to search for a job within a year and then do all the paperwork for EP. I am on the IT field which is on the skills on demand list so the question is. Would S$17700 be enough to move to Singapore, rent a HDB or whatever for we both, we are not looking for anything fancy, just average, we rather use public transportation and at the beginning will not eat out or a couple of times a month while I get a job there? Thanks
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just taking into account the food expenses, you will be spending assuming 850x12 = 10k in a year. public transport = roughly 2-3$ a day IF you only go to and fro from your intended destination. 3x2x30 = 180 180 x 12 = round off 1.5k 1.5 + 10 = you get the rough idea unless you get your job fast, fast in the sense of few months, you will be having a hard time surviving if it drags on |
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From what I have found on the internet this is what I have so far for what our monthly expenses would look like, am I close to reality? Acommodation $1300 (something average not shared, at the beginning it can be something cheaper, first 3 - 6 months) Transportation $100 (Home - Work for me + home - english school for her) Food $300 (hawker centres, cook, etc) Intensive English classes for her $400 Insurance have no idea total $2100 I am aiming for a $2500-$3500 job otherwise we will have to look for some cheaper accomodation |
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Boys and girls over here
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Sure. Many people are also living comfortably with 3k in the 80s.
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Single father of 4-year old boy
Dear Singaporeans,
I have a question regarding salary to add to the thread, any responses will be much appreciated. I am a single father with a 4-year old boy. There is a high potential I will be offered a postdoc position at the National University of Singapore (NUS). If possible, I would like to live close to NUS so that I can minimize transit time to and from campus. Hence, I will utilize the transit system, I will not use a car. Fees: From my investigation of daycare fees close to NUS, prices range from $500 to $600 per month. Hence, per year prices will range from $6,000 to $7,200. As for a modest rent for a single father and child living close to NUS, I am not sure. Can anyone make a suggestion as to the fees of housing accommodations close to NUS (nothing fancy, but something decent). Therefore, Salary = $7,200 + rent (apartments close to NUS) + utilities + food + transit + leisure If anyone can add approximate values to the terms, or add additional terms so that I may estimate a salary that will accommodate my son and I, would be much appreciated. Thank you in advance. |
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Postdoc_genetics
I just need rough estimates, again, rough estimates. I have never been to Singapore, so it's difficult for me to give an objective response, when my experiences are subjective.
Any rough estimates to the variables in the equation would be much appreciated so that I can get a rough estimate of a salary. Cheers. |
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Define 'living comfortably'. Some people can do without cars but some people will 'die' without owning cars. Some people is ok with 3 room flats but some people view living in condo as 'living comfortably'. It depends on the level of individual's material greed. For me, I earn $2k ++ and live in 4 room flat and I live comfortably.
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think we need to hit about 4-500k to be really comfortable. |
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couple 220k per annum
we are a 220k per annum, pre bonus 2 kids.
1 primary school going and a 2yo toddler. Late 30s couple YES we are struggling, we both have our own 2nd hand jap cars , we need it to go to work. Lets not not about downgrade to 1 car, just not possible. Work is in a ulu place. primary school kid, going with to few tuition sessions and enrichments, we would love to send him to more classes, but we are stretched. Lets not forget we both have our own set of parents to give allowance to. We have a maid to help look after toddler and cook and clean , nightly dinners with 1 set of parents in law, so a maid is absolutely necessary. very few investments as we are worried one of us may get retrenched. No major euro holidays, just asia holidays, once or twice a year with only 1 child. |
What's your combined net worth?
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Really depends on your yardstick of "comfort", doesn't it?
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Our combined income is now 420k+ and find it just nice for the usual family with 2 kids & car & condo & maid. Our plan is to maintain same living standard and hopefully any additional increase in income will go into savings/investment.
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