Cost of living in Singapore 2008 : For Bachelors / Single !

I have been getting lot of comments from my bachelor readers to find out what is the "Cost of living in Singapore for Bachelors".Most of them will start like this "hi...i have received an offer of S$3050 from a PR firm in Singapore and m thinking of relocating. I'm currently single and would appreciate your advice on whether it is possible to live comfortably on this salary... - Anonymous"

My blog post about "Cost of Living in Singapore 2008" get around 1-2 comments from people asking questions like this. My idea of sharing this information is to give some understanding for people who are trying to relocate to Singapore. I hope they get some idea from these posts. But most important thing to note is that I am not trying to advice here about anything. What I am putting is my frank personal opinion about "Cost of Living in Singapore". As I said before too, this depends on your lifestyle and how you continue to live here in Singapore. Also things might change over a period of time either on -ve or +ve side of it. So please do your own assessment before you take any decision.

With this let me explain about how much an bachelor would need in Singapore $ to live comfortably. Again this would depend now many things like,whether you are sharing the accommodation or not, how much do you spend on lifestyle products like iPhone!, how many times and where do you go out for eating etc etc.

Here is the sample chart to show how much an bachelor will probably spend here in Singapore for living.

Assumptions

• 4 Bachelors / Singles living together in HDB Flat!
• Sharing Grocery Expenses
• Cooking at least 1 meal daily at home !
• If a single person not living in Shared Accommodation - then the cost increases - But its a matter of preference for many. Remember it is good to live the life the way you want rather than savings some bucks :)

So for a Single it turns out to be very good as they can save good amount of money!. Again in this one needs to add a cost of travel for holidays or back to home country needs to be included. But that another post !

Enjoy Singapore!

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