The Cost of Living in Singapore for Expats
Singapore is known for its high standard of living and vibrant economy, making it an attractive destination for expats. However, its important to consider the cost of living before making the move. Here are some factors to keep in mind:
Housing
Renting an apartment in Singapore can be expensive, especially in popular expat areas like Orchard Road and Sentosa. On average, you can expect to spend around $3,000 to $6,000 per month for a two-bedroom apartment.
Transportation
Public transportation in Singapore is efficient and widely available. The cost of a monthly transportation pass is around $120, which includes unlimited rides on buses and trains. Taxis and ride-sharing services are also popular options.
Food
Singapore is known for its diverse and delicious food scene. Eating out at hawker centers or local food stalls can cost as little as $5 per meal, while dining at upscale restaurants can be significantly more expensive.
Education
If you have children, youll need to consider the cost of education. International schools in Singapore can be quite costly, with tuition fees ranging from $20,000 to $40,000 per year.
Healthcare
Singapore has a world-class healthcare system, but medical expenses can still add up. Its important to have health insurance to cover any unexpected medical costs.
Overall, the cost of living in Singapore for expats can be high, but it offers a high standard of living and excellent opportunities. AGT Visa Services can assist you with your visa application and provide reliable visa services for those planning to move to Singapore.