Hello,
I have been reading another very helpful post (from 2012) in relation to living in Singapore. We are entering negotiations for a potential move, and i'm trying to confirm current cost of living so we can use this as a reference.
We are a family of four (two girls - 8 and 6YO), and i've included my understanding (based upon reading other post, plus our current budget plus allowances for new costs) and understanding of cost of living over there. I've allowed a nominal allowance for savings up front.
All in all it comes out at 312K (S$), which feels very high - although i have been told this is the range you need in order to save any money. Worth noting we don't lead an excessive livestyle and are OK at saving - but also don't want to be severely compromising (i.e. we want to be on par or better than current lifestyle).
I'd appreciate any feedback anyone has, based upon current cost of living. I haven't included any costs for relocation etc. as assuming these will be covered by the company.
Expenses (Per Month & Per Annum - in S$)
Rent $8,000 $96,000
Utilities $750 $9,000
Food $1,500 $18,000
Tax $3,833 $46,000
School Fees (6 + 8YO) $5,350 $64,200
Transport $400 $4,800
Medical $150 $1,800
Mobile $80 $960
Savings $3,333 $40,000
Entertainment $600 $7,200
Internet $50 $600
Cable $50 $600
Hair cuts $80 $960
Waxing $80 $960
Clothes $400 $4,800
Christmas $150 $1,800
Holidays $450 $5,400
Gym $200 $2,400
Cleaner/Babysitter $140 $1,680
Swimming $120 $1,440
Tennis/Sport Lessons $140 $1,680
Piano Lessons $140 $1,680
Bday Presents $40 $480
Netflix $12 $144
Spotify $18 $216
Dropbox $13 $150
TOTAL PM = $26,079 PA = $312,950
Thanks in advance! :-)
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Living overseas
Budget for life in Singapore with two kids (8 + 6YO)
8 replies
gtown16 · 07/04/2016 22:30
OP posts:
KateInKorea ·
13/04/2016 05:17
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KateInKorea ·
13/04/2016 05:18
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