How much is the cost of living in Singapore? This is a question that often puzzles expatriates and tourists alike. Known for its bustling cityscape, modern infrastructure, and high standard of living, Singapore is often perceived as an expensive place to live. However, the actual cost can vary greatly depending on individual lifestyle choices and priorities.

When it comes to housing, Singapore is renowned for its high property prices. The cost of renting an apartment in the central areas can be quite steep, with monthly rentals ranging from S$2,000 to S$5,000 or more for a one-bedroom unit. For those living in the suburbs, prices are slightly more affordable, with rentals typically ranging from S$1,200 to S$3,000 per month. Buying a property, on the other hand, can be a significant investment, with prices starting from S$500,000 for a HDB flat and going up to tens of millions for private condominiums.

Food expenses in Singapore can be quite varied. For those who enjoy dining out, costs can add up quickly, with a meal at a mid-range restaurant costing around S$20 to S$30. Street food, however, offers a more budget-friendly option, with hawker centers serving delicious dishes for as little as S$2 to S$5. Supermarket prices are also reasonable, with basic groceries costing around S$50 to S$100 per week for a single person.

Transportation is another area where costs can vary. Public transportation, including buses and the MRT (Mass Rapid Transit), is relatively affordable, with a single trip costing around S$1.20 to S$2.00. For those who prefer to drive, car ownership costs can be quite high, with expenses including vehicle taxes, insurance, parking, and fuel. A typical car in Singapore can cost around S$50,000 to S$100,000, and monthly running costs can range from S$500 to S$1,000.

Healthcare in Singapore is generally of high quality, but costs can vary. Public healthcare is affordable, with patients paying a portion of the costs based on their income. Private healthcare, on the other hand, can be quite expensive, with costs depending on the complexity of the treatment. For a routine visit to a general practitioner, expect to pay around S$50 to S$100, while specialist consultations can range from S$100 to S$200.

Entertainment and leisure activities can also vary in cost. Cultural events, such as concerts and theater performances, can be quite expensive, with tickets ranging from S$50 to S$200 or more. However, there are many free or low-cost activities available, such as visiting parks, exploring the city’s museums, and enjoying the vibrant street art scene.

In conclusion, the cost of living in Singapore can be quite high, particularly for housing and transportation. However, with careful planning and budgeting, it is possible to live comfortably on a moderate income. The key is to prioritize your spending and find the balance between quality of life and affordability.