Struggling to make ends meet in Singapore? You’re not alone. Many Singaporeans feel the pinch of rising costs, but is it truly as expensive as it seems? Let’s dive into what working adults are saying about the cost of living in Singapore, compared to other countries, and whether voting opposition can really bring down prices.
Reality of Singapore’s Expenses
- Singapore offers a relatively affordable basic lifestyle, especially regarding food and transport.
Outside of housing and cars, Singapore isn’t expensive for a basic lifestyle. You can find cheap food everywhere, public transportation is clean and affordable, and you only need 1 type of clothes for our climate.
- However, a more luxurious lifestyle, involving dining out and entertainment, can be quite costly.
- Many Singaporeans prioritize saving for travel, minimizing local spending. Monthly expenses can range from $400-$600 for those living with parents and avoiding alcohol and cigarettes.
Challenges for the Average Singaporean
- The desire to maintain a certain lifestyle, including cafe hopping and having the latest gadgets, contributes to the perception of Singapore being expensive.
It’s cheap to survive here, very expensive to live well. And by living well I don’t mean going for fine dining or facial, i just mean being healthy.
- Housing and car ownership are significant financial burdens for many Singaporeans.
- Comparing Singapore’s prices to those in neighboring countries like Johor Bahru (JB) can also create a skewed perception of costliness.
Practical Solutions & Actions
- Consider adopting a more mindful spending approach, focusing on needs rather than wants.
I honestly feel Singaporeans are the issue. I take home about $3k a month. 1k for bills, $1k save and $1k to get by.
- Explore affordable alternatives for leisure and entertainment, such as hawker centers and free outdoor activities.
- Vote for the party that aligns with your priorities, but understand that significant change takes time and effort. Voting opposition can bring checks and balances.
Voting for opposition will not dramatically bring down prices. But the effect of voting for opposition is so that there are checks and balances in Parliament.
- Remember, Singapore may be expensive compared to JB, but compared to other countries like the UK, it can be affordable.
