Comfortable salary singapore reddit.

Comfortable salary singapore reddit how much money would i need to live there comfortably like upper middle class type of lifestyle? i want to raise kids there one day. Some argue that a salary of $5000 is not enough to survive in Singapore and you cannot even meet the basic standard of living, while another group argues that $5000 is sufficient if you choose to Welcome to /r/singapore: The place for anything Singapore. slightly higher if you’re a male. Living a comfortable (I feel) live with the below monthly expense breakdown Nov 7, 2024 · Like I said, the main thing here is the rent. If need rely on salary even $100k per month moi don't feel as comfortable. Don’t mean to sound mean, but that sounds a bit low? I am curious. Your justification will be you are worth it. MBA isn't really worth it in your case. Means the median salary is $4,300. Comfortable life = Can afford drinks with friends over the weekend (priorities ;)) One destination holiday per year able to save 10-20%% of the salary Able to sustain a family of 3 i've always dreamt of living in Singapore. Absolutely. Which jobs is less stressful, good pay around 3k to 4k and has work-life balance? Which is less stressful course to take?… Percentage of tax per salary package is higher than in Singapore. Comfortable salary . Well median salary for degree holders in Singapore is over 8k. I want to know. 6. Don't let the redditors here fool you otherwise. Apollo Global Management is reputed to pay top of street ($400k these past few years). It’s all relative though. Making 300k puts you in the 96th percentile in the US and 97-98th percentile in Australia, meaning you're considered a very high-income earner in every country. And currently I have a slightly above average salary vs some of them. Jan 4, 2024 · Is 15000 SGD a Good Salary in Singapore? Yes, $15000 SGD is a good salary in Singapore. I’m really excited to have just been offered a job in Singapore. Singapore graduates I have seen, working in some software development positions, want to get promoted as fast as possible, not only because of the money (which would be perfectly understandable) but so that they do not have to write codes anymore Mar 4, 2025 · In this article, we discuss what is a good salary in Singapore, why earning a good salary is important, the factors affecting your salary, the considerations when deciding what is a good salary for you, and tips for increasing your salary. $100k singapore dollars? 200k? i dont want them to feel like they are poor like i was growing up. It offers a comfortable lifestyle with the potential for savings. We live in a condo (a flat/apartment in a complex that has shared facilities like a pool, small gym, etc. If you inherited a property, you don't even need to factor this in. I want to know if this salary is enough to have a comfortable life in Singapore as a single. But it fluctuates when people change jobs. I dont have issues like many others, sorry if it seems like I have it pretty okay by comparison. What other cost that i need to consider. We have the same social circle salary range / MNC / middle of Orchard building corporate office and I agree with this range. We are already at $10,850 for a single person in Singapore. President in MNC company , $15k rental subsidy, salary about $20-25k/ month, excluding other options and perks. Mar 15, 2025 · My view of a comfortable individual salary with a BTO (if married) but without a car in terms of age range. This figure is higher than many European countries and the United States According to 2022 ministry of manpower data, the median monthly income for somebody aged 30-35 in SG (incl. they only have 294k subscribers on their main channel and i think that's not enough to even support a single youtuber. If you’re a couple 10k/month is pretty comfortable if you don’t have a car. Long time captain should be around 8 to 9k. Ok good- there was some major drama at Stamford bc a male teacher was sleeping with a parent and the teacher’s wife posted on the Singapore Expats Facebook group airing all the dirty laundry. I am in the tech circles, as in most of my friends are working in tech. I think 70-100k/yr seems like a good target for a single comfortable life while being prepared for future Posted by u/CapableScholar_16 - 1 vote and no comments Every other day you’d see street interviews conducted asking folks on how much they’re earning and if it’s sufficient to survive in Singapore. I asked one of my friends who is a married lady with 2 kids. sg income comparison tool (latest year is 2021, no age breakdown given) — 100K would put you at top 25. Some be median salary and comfortable but some can be earning 3x as much but in a pile of debt. be realistic and reasonable according to your profession. That salary question is a question companies shouldn’t ask at all because they already know how much they are going to pay you. TBH there’s enough free activities in Singapore for the family so if you don’t eat out much, you can probably get by quite comfortable for under $15k. Rent and insurance will be paid for by my employer. Depending on your lifestyle and the quality of life you aspire to have in Singapore, you could definitely get by with a salary like this if you live frugally and work on a super tight monthly expenditure budget. If you become stagnant in this role you will be left behind. Also how would immigration work? Currently a Canadian citizen. Your 2 room hdb/condo's location will aftect the rent. Came from a working family background. Hi guys, Do you think gr. 3k is not enough. Can save at least 50% + have enough to eat out twice a week, grab etc. Plus other misc budgeting of $1k/month and 50% salary to save for investments and rainy days or overseas travel/dog expenses. There's a lot of subsidized stuff for locals +sometimes they don't have to worry about rent. Members Online Coffee chains are crowding Singapore in hopes of jumpstarting their global expansions Would like to know the average salary for those aged 25-30 and how much monthly income would it take to live a reasonable and comfortable live here without any worries. For example, I see that real estate VAs are offered 600 USD or roughly 33k PHP for their services. If you need to rent, I feel a whole studio apartment is a must for comfort, which costs around $3k/month. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship programmes. You’re actually just on the edge so doing better than others. However, the next 5 years is where salary does accelarate in the private industry as you take on more challenges and responsibilities with your experience (5 years). The numbers I provided above are not what I'd call comfortable life. My salary is roughly 10k Singapore dollar per month with an added bonus on top (can be anything between 0-20k per month). New comments cannot be posted and votes cannot be cast. 2k (about 163k in pesos). 3 years ago with a degree starting was ~3. Those with masters earn a little more but not much. Most of them rent a room (1k - 1. 3k is very decent for a fresh grad. Mar 15, 2025 · Imo most comfortable is $0 salary but huat wealth. Parents get a few k each month. 20s: >$4k 30s: >$6k 40s: >$8k Sep 18, 2024 · In Singapore, most companies offer a 13th month bonus, as well as various performance bonuses, so you will need to add those into your total annual salary for a fuller picture. I work 6-10 hours a day depending on project timeline, write codes and solve technical problems all day, sometimes its more technical, sometimes its less. 4900 sgd is a good salary for a head bartender position is Singapore? Can you live a comfortable life from this money? I don't think a 29 year old BBA, a salary of 4. If you need to go to steakhouse 4 times a month to feel comfortable, you need to factor that in. Salary-wise, it's all very possible to do it in Singapore, whether ITE or diploma. 5k for females (depends on ur honours class) during NIE post grad with minimal increment (~$100). food price+ your shopping habit+ your saving goal+ your investment goal+insurance = your estimated comfortable salary Edit:Forgot about transportation and internet: Transportation, can get by with 100-120/ month with public transport if you use transfer fee well (e. Here is the monthly median income of residents in some of the most popular expat industries at middle manager positions in 2024: The same applies to them too. An insurance agent friend $1m-4m/ year…. 3K, comes with AWS and 2 months bonus. 5k) and take public transport. Car is a bit extra in Singapore I feel. Having a monthly salary of more than >RM7000 is considered "rich": this is probably a salary of a branch manager in a bank. Honestly my lifestyle hasn't change since the days I started at 3k salary. Can be a fancy one if you like, but do ensure get what match your budget and priorities. but they recently revised teacher’s salaries so it’s around 3. 5k, 5-2 is easily >10k. I assume you have a car in Malaysia, and that would be very difficult to have in Singapore. To her she says 8k combined income or so is comfortable enough. if you need to take bus to your house after MRT, do it within 45 minutes and If $50 is what you'd be comfortable spending, then your income must be 100 times higher than it is now to feel that comfortable buying it. So my question: I'm pondering a move to Singapore with a large software company. Archived post. Personally am a family of 3 (1 toddler) and 2 non working parents. Also, salary cap for ME5-1 (Major equivalent) is about 9. Currently living a 1k per month life, with 5k I'd be comfortable about my future as I'll still live a 1k life and put 4k a month towards investments and so on. So since I dont have 20k salary I don’t bother to consider having 3 kids as I dont want to sacrifice my current lifestyle. My starting salary is $3500 and i have to pay rent for $900 and other commitments that is around $1400 to my hometown. +$200-$300 after completing ur practicum and you’re officially trained. 14 votes, 18 comments. Reply reply We would like to show you a description here but the site won’t allow us. It's like living towards the middle of London in terms of price. 6% of all taxpayers, 200K in the top 8. 2K is considered low. If your interest in the work is more important to you then getting the best possible salary then I suggest you go for it. I got a call from a company and was told their maximum salary budget is SGD 7000/ month. You’d be walking into a minefield there The jobs locals don’t want to do are the manual labor type jobs, same as in the US or Europe. 8k is the minimum standard now with how crazy rent has become, perhaps you can network more in Sg to land a more comfortable job in the future, as there's always shitloads of money poured into R&D and a lack of talented workforce. Singapore taxes are extremely low and most graduates in their 30s are comfortable at the median salary levels of around S$5k thereabouts. TO OP of this thread: 7k is quite comfortable as a Singaporean. 5 room HDB is easily doable if you get as a couple. What Is the Realistic Salary in Singapore? Jun 23, 2024 · Singapore’s comfortable salary is around $8,000 to $15,000 a month, taking into account factors such as inflation and daily costs. They graduated in a different climate where tech wasn't that valued, and Singapore has the habit of looking at past salaries. This is why you see so many old aunties and uncles continuing to work f&b or cleaning type jobs. . Hi! I've been working for about 5 years, did 2 years as a data analyst and am now pivoting towards data science/AI. How would this compare to Law/Medicine? Average salary among mega funds is $300k to $350k as an Associate. 5% of all taxpayers By comfortable i mean regular holidays, can buy frivolous stuff without much thought (and still have savings). Ultra cheap, ultra clean and efficient. Afforded lots of work travel opportunities to places like Norway, China and multiple day trips into Malaysia. Many foreigners live in Singapore with much lower salaries and have no trouble surviving. As a person who is looking at VA jobs and wants to become a VA, a salary of 60k(roughly 1000 USD) is already comfortable given that most job postings for a general VA I see advertised online are 500-800USD or 28k-44k PHP. It's far from impossible. Last time I checked, the median salary here is about SGD4. Curious. Being a condo will affect the rent. Then, get a basic insurance package by selling your health risks to insurance company. Just got my bto after waiting 5 years so a household income of about 20k is really quite comfortable when both our lifestyles are unchanged and living hdb. g. Now yes, but the peeps at the 35-36 range are not always earning that much. The salary looks good on paper, but assuming that I have a family of 4 (2 children) how much salary would be appropriate to: live in a 3/4 bed condo in a prime area have 2 international school places have a helper have a few trips abroad each year I’m a data engineer with 6 years of experience and I am considering moving to Singapore. Take home salary based on the 2 points above means you probably take home around the same amount in absolute terms in the US and Singapore. It's not 10k for sure. Although, i want to mention that it depends on your salary negotiation. However, consider the high cost of living and your lifestyle expectations when evaluating if it meets your needs. You get monthly salary increment each time you pass a paper and once you pass all and get certified, a comfortable five-figure monthly salary is a norm. I’d say S$5k will make you very comfortable here if you’re living with housemates. I think a comfortable life is Singapore would be: 33% of your salary goes on rent+utilities Your daily expenses are about 40sgd/day You're saving between 1k-2k per month. Hi Singapore is an expensive city. 7-8 years to be 6k+ captain is impossible. But its always about the circles you are in. Plenty left for savings, investments and other luho like travel. It means if you take home 4k SGD, you maybe also take home 4k USD. The only difference is, buy things don't need think so much lor. What is the top 1% income in Singapore? To be in the top 1% income earners in Singapore, you would need an income of $627,111 per year. Don't know too many people earning above 3k. If your son qualifies for free education then that will ease your burden a lot. Got an offer as a full time data scientist - pay is 6. how do… Its not the minimum amount needed to raise 3 kids in Singapore. With the housing prices and car prices skyrocketing, it seems like just earning a monthly salary of $4. But 20k is comfortable in Singapore Imo, building emergency of 3-6 months salary might be one of your top priority if you wanna get comfortable in investments later on. really depends on expectations and if u have to pay UK taxes. Hi Reddit Singapore, I realize salary questions may be overdone and asked often, but finding current opinions and info is sometimes tough - and times change so fast that 2011-2012 data can easily be outdated. Sorry if my question is dumb, but all I have ever heard about SG is the high cost of living and I have no idea what the average Singaporean earns in comparison. At this point, we are left with around $600 a month for various things like alcohol, and clothing. There are several articles on Seedly, The Woke Salary Man and The Simple Sum that dives into the numbers themselves telling you how much you require if you want to: Annualized Salary then was about 7k at point of retrenchment (factoring 1 mth AWS and 2 mths bonus). A monthly salary of SGD6000 may be steep for a family to live here comfortably. Fairly long work hours (60-hour week, but at flexible times). If living alone, it gets comfortable above S$8k. Well 'comfortable' is extremely subjective. I have no clue how much salary annually helps to live a comfortable life in singapore while having some savings. food. Add whatever discretionary spend and savings. You do see people (recent articles on SIA pilots) on high salary but were constantly stretched financially and on the other side of the spectrum, people with very little financials living very happy life. Base is typically $120k to $140k Salary scales directly with the size of the fund you're at (most megas are >$10B funds). The reality is one needs at least $400k in CPF/savings because Singapore has basically no old age safety net or state pension. Like what others mentioned, it could be really no life as your salary increment really depends on whether you could pass all papers. Because even now HDB rent in Singapore for just an ok room can be about SGD1000+ so just for a room that’s almost a fifth of your salary before tax. So, I'm quite unfamiliar with the pricing in Singapore yet. Getting around - public transport for sure. When the salary question is asked just give the higher range that you are satisfied with. what is your ideal income that you can be comfortable to live with… Living in Singapore temporarily. Such is not the case in Singapore, and neither most Singapore graduates who enter the workforce. Would have continued if not for the company closing down it's singapore operations after a merger. I rarely eat at fancy places and occasionally travel or go to concerts. What are you studying right now though? Uncle can tell you, the easiest way to get a stable, modest yet comfortable salary is computing or . Comfortable in the context of Singapore and practicality In Singapore's context and practicality wise, there are different measures of how one measures a 'comfortable life'. 9k-4k now. You can raise 3 kids with 2k salary with all the financial aid the government gives but then your quality of life will be shit. 189 votes, 341 comments. Some of my colleagues at 35 or older are earning less or the same as me. The sign on salary for captain is already ~6k from the get-go, let alone having clocked 6 to 8 years of experience. Hi redditors, I'm a electronic fresh graduate who landed a job in Singapore as engineer in robotics field. ) - it's 4k SGD per month for a small (700 square feet or so) but nice little place. Or if a flight ticket is $1,500, and it want it to feel like $15 before I truly consider it comfortable, then I also need to earn 100 times my current income. Salary us survivable, not too high like IT or finance, and career prospects ar Fresh graduate salaries of: Engineers: RM3000 Other majors (arts, etc): RM1800-RM2600 Medical doctors: RM4900 Those without degrees earn lesser than arts degrees. The average for >$5B funds is $315k. At age 36 about 5 years ago, my salary was around 12k/month on a 13-month salary. A 300k per year salary is comfortably in the top 5% in Singapore, and it's not just that Singapore is particularly stratified. Here, just to give you an estimate of expenses in Singapore for a 2-person household and see whether you are offered a salary that will enable you to get by on a single income. $2-3 for most trips. Singapore is one of the most expensive city in the world for expats for a reason. employer CPF) is $5,792 I also tossed some numbers into the salary. They have a hiring budget. First research on the salary range for your type of job. With that, my question is how much do you think is a good monthly salary to live a comfortable life in Singapore. bicp wdnp nujsmg zgk sraeclxm arrdl aiyye rttr tttpf usrp pdnuwm hmamsuno ucels emhhsymh pmtyac