Mundevo
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Country guide · Singapore

Moving to Singapore: cost of living, salaries, taxes, visas

Sharply salary-tiered work passes; low personal income tax; foreigners are exempt from CPF; world-tier housing costs.

Singapore's immigration system is among the most explicitly salary-tiered globally. The Employment Pass (EP), ONE Pass, and Tech.Pass each target specific seniority and salary thresholds; Permanent Residency is selective.

Personal income tax is progressive with a low top rate (~22-24% for residents) and foreigners are exempt from CPF (the mandatory savings system). Foreign-sourced income is generally untaxed unless remitted under specific structures — one of the cleaner regimes globally for cross-border earners. The trade-off is housing cost: central condos in Singapore are among the world's most expensive.

Data signals

What the numbers say about Singapore

  • The take-home math

    Take-home pay in Singapore is shaped by a roughly 6% effective payroll deduction (income tax + social security), with VAT at 9%.

  • The main hub

    Its primary hub, Singapore, carries a cost index of 92 (New York = 100).

Income per capita

Average income in Singapore

Singapore's income per capita is about $126,190 (GNI, PPP-adjusted US$), per the World Bank (2024). No comparable national wage survey is published for Singapore, so this is an income proxy rather than an average-salary figure. Source: World Bank.

This is a country-wide figure. For what you actually need to earn in a specific city, see the salary-by-lifestyle breakdown on each city's cost-of-living page.

At a glance

Singapore relocation profile

Anchor city
Singapore
Cost index 92
Cities in catalog
1
Coverage will expand
Effective payroll deduction
6%
Income 6% + SS 0%
Currency
SGD
VAT 9%

Vs the catalog average

Is Singapore cheap or expensive, relatively?

Singapore's cost and rent index against the mean across every city Mundevo covers.

Cost of living index — cheaper leads
Singapore
92
Catalog average
64
Rent index — cheaper leads
Singapore
80
Catalog average
46

Index base: New York = 100. Catalog average is the unweighted mean across all cities Mundevo tracks, recomputed on every build.

Mundevo coverage in Singapore

Singapore is the anchor city for cost-of-living and corridor calculations involving Singapore.

CityCost indexRent indexSafetyPopulation
Singapore9280885,917,600

Tax and visa landscape

Headline tax model + entry-point visa overview for relocators.

Tax model
  • Effective income tax: 6.0%
  • Social security (employee): 0.0%
  • Total payroll deduction: 6.0%
  • VAT: 9.0%
  • Currency: SGD

Effective rates assume a single salaried filer at country median wage. Special regimes (e.g. expat-favoring schemes) are not applied here — see the visa guide for those.

Visa landscape

Visa categories, residency routes, and tax-regime context for relocators are detailed in the dedicated visa guide.

Singapore visa guide →

Salary bands at Singapore — by role

Illustrative gross-salary bands for 6 senior IC roles in Singapore. Derived from NYC anchor × Singapore pay-tier multiplier. Cross-check Levels.fyi, Glassdoor before negotiating.

RoleP25P50P75NYC anchor (P50)
Software engineerSGD 136,273SGD 169,167SGD 216,157$180,000
Product managerSGD 140,972SGD 183,264SGD 244,352$195,000
UX / product designerSGD 95,995SGD 126,539SGD 170,174$145,000
Marketing managerSGD 89,282SGD 122,176SGD 164,468$130,000
Data scientistSGD 126,875SGD 164,468SGD 216,157$175,000
Finance analystSGD 125,532SGD 176,887SGD 251,065$155,000

Top relocation corridors

Closest peers by cost-of-living index — the moves most commonly considered alongside Singapore.