Comfortable Salary to Live in Singapore

https://www.youtube.com/watch?v=eLJ-CxlzTK0&t=744s

Saw this video about the cost of living in Singapore, the part about the salary is quite interesting, I hear a few numbers and the range is quite wide, but of course we know that the numbers can vary widely depending on the quality of living different people look for, like if you want to own a car, or you like clubbing then of course it's going to require a higher income.

These are the numbers I heard in the video:

S$1K - one person

S$3K - one person

S$5K - one person

S$7.5K - one person

S$20K to S$30K - one person

S$5K - family

S$10K - family

For me, wife and daughter, our range is between S$2221 to S$3721, that's housing loan, groceries, transport, utilities, conservancy charges, two mobile lines, home internet, doctor visit, medication, insurance, daughter school bus, dental, some taxi trips, usually if see dentist or doctor it goes towards the higher number, not sure if I covered everything or not.

We don't have car, stay in 2-room HDB, don't go out far, usually just nearby mall and that's about it.

As you can see we don't really spend much, so if take home pay S$5K can save the rest, S$4K is just nice but can't save much, so I would say S$5K for family is alright, but need a nice bonus to be able to stretch it out for a holiday.


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