If you’ve ever wondered is Singapore an expensive place to live, the short answer is: yes — but it really depends on your lifestyle. Singapore is famous for being clean, modern, and safe, but that comfort often comes with a price tag. Let’s look at what actually makes Singapore expensive (or not so much).
Housing: The Main Reason Why Singapore Can Feel Expensive
Rent is usually the biggest cost for most people. A condo in the city can cost thousands per month, while public housing (HDB) is much cheaper. Many locals and expats share apartments to cut down on rent.
Food: From $5 Hawker Meals to Fancy Restaurants
Food prices in Singapore can range from very cheap to very costly. Hawker centres offer tasty meals for around $4–$6, while cafés and restaurants can be ten times more. The best part is — you always have options!
Here’s a great video by an American expat who breaks down his actual monthly expenses — from rent and food to transport and entertainment. It’s a realistic look at what daily life in Singapore truly costs.
Is Singapore an Expensive Place to Live for Daily Transport?
Not really. Public transport is efficient and affordable. Most MRT or bus rides cost under $2. If you take taxis or Grab often, that can add up, but generally, moving around is convenient and budget-friendly.
Entertainment and Lifestyle Choices
Going out for drinks, shopping, or weekend activities can raise your monthly costs. Still, there are plenty of free things to do — like exploring parks, hiking trails, or festivals around the city.
Conclusion: It Depends on How You Live
So, is Singapore an expensive place to live? It can be — but smart spending makes a big difference. With good budgeting, you can enjoy Singapore’s amazing quality of life without overspending.
