Singapore, Singapore
A dazzling city-state and global financial hub where futuristic architecture meets lush gardens, world-class dining, and multicultural heritage.
Above Average vs Singapore Avg (100)
Above Average
Household income
Job market health
Singapore vs Singapore Average
Taxes
- State Income Tax: 22.0%
- Sales Tax: 9.0%
Economy & Jobs
- Median Income: S$70,000
- Unemployment: 3.5%
- Population: 5,918,000
Climate
- Sunny Days: 180/year
- Summer High: 91°F
- Winter Low: 76°F
- Farming Zone: USDA Zone 8a
Housing
- Median Home: S$1,500,000
- 1BR Rent: S$3500/mo
Cost of Living
Singapore's cost of living index is 120 (Singapore average = 100).
| Category | Singapore | National Average | Difference |
|---|---|---|---|
| Overall | 120 | 100 | +20.0% |
| Housing | 150 | 100 | +50.0% |
Data source: Singapore Department of Statistics / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | S$1,500,000 |
| Median Rent (1BR) | S$3500/mo |
| Median Rent (2BR) | S$4,375/mo |
| Price per Sq Ft | S$1,000 |
Data source: URA / 99.co / PropertyGuru, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Singapore:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | S$120 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | S$226 | Estimated based on local climate and electricity rates |
| Water | S$50 | Includes sewer |
| Internet (100+ Mbps) | S$40 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | S$436 | Monthly estimate (including heating & cooling) |
Data sources: EMA, SP Group, Singtel 2025
Remote Work Score
Singapore scores —/100 for remote work readiness:
Climate
Singapore has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 96°F | 76°F | 2.5" |
| April | 76°F | 91°F | 2.8" |
| July | 91°F | 66°F | 1.5" |
| October | 71°F | 94°F | 2.2" |
Warm — citrus, avocados, tomatoes, peppers
Natural Hazards
Singapore faces the following natural hazards:
Tropical heat year-round.
Flash floods during monsoon.
Transboundary haze from forest fires.
Moderate typhoon risk.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 22%
- Sales Tax: 9%
- Property Tax: ~0.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.5%.
Schools & Education
Academic Schedule
Year-end break is the longest. September break (1 week).
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Singapore, Singapore?
The cost of living index in Singapore is 120, which is Higher the Singapore national average of 100.
How much does it cost to buy a home in Singapore?
The median home price in Singapore is S$1,500,000. The housing index is 150.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Singapore is approximately S$3500/mo.
Does Singapore, SG have income tax?
Singapore is in SG, which has an income tax rate of 22%.
What is the climate like in Singapore?
Singapore enjoys approximately 180 sunny days per year. Summer highs reach around 91°F, while winter lows can drop to around 76°F.
Data Sources
- Cost of Living: Singapore Department of Statistics / Numbeo, 2026
- Housing Data: URA / 99.co / PropertyGuru, 2026
- Income & Employment: Ministry of Manpower Labour Force Survey, 2024
- Utilities EMA, SP Group, Singtel 2025
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.