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Cost of Living in Singapore for Indian Students

Singapore is a small island city-state located in Southeast Asia. It is known for its energetic economy, high standard of living, and multicultural society. Singapore has a population of over 5.64 million people, with a mix of Chinese, Malay, Indian and Western cultures. The country is known for its clean streets, efficient public transportation, and excellent education and healthcare systems. Despite its small size, Singapore is an important global financial center and a hub for international trade and commerce. The country has a rich history and culture, with influences from its Asian and European heritage. Singapore is known for being one of the most expensive cities in the world. The cost of living in Singapore is influenced by several factors, including the high cost of housing, transportation, and food. Here, we’ll demonstrate the cost of living in Singapore for study abroad for Indian students.

Cost of Living in Singapore for International Students

The cost of living in Singapore for International students can vary depending on several factors, such as the type of accommodation, lifestyle, and personal expenses. The country's strong economy and high standard of living contribute to its high cost of living. However, the government has implemented measures to ensure that low-income families have access to affordable housing, healthcare, and education. Despite the high cost of living, Singapore is a safe, clean, and prosperous city that offers excellent infrastructure, healthcare, and education systems. On average, the cost of living in Singapore for International students is estimated to be around 13 Lac-25 Lac per month. This includes accommodation, food, transportation, and other personal expenses. These key expenses will determine how to study in Singapore.

Expense

Average cost (Per month)

Accommodation

3,93,694 INR

Food and Groceries

33,159 INR

Transportation

3,230 INR

Internet

2,240 INR  

Health care

2,800 INR

1. Cost of Accommodation in Singapore for international students

Finding a perfect accommodation is one of the key aspects for international students in Singapore. Depending on your preferences and budget, you have various options such as university hostels, private rentals, and shared apartments. University hostels are generally more affordable, but the availability may be limited. Private rentals and shared apartments offer more independence but they are more expensive. We will discuss the average costs of different types of accommodation and provide tips on finding affordable options.

Types of Accommodation

Average cost (Per month)

University Hostels

24,851 INR

Private rental apartments (1 bedroom in City)

39,232 INR

Private rental apartments (1 bedroom Outside City)

2,56,245 INR

Private rental apartments (3 bedrooms in City)

7,50,186 INR

Private rental apartments (3 bedrooms Outside City)

447,321 INR

Shared Apartments

45,353 INR

If you have a low budget and don't want to spend too much on accommodation University hostels are a good option for you because they are affordable and cost-effective.

2. Cost of Food and Groceries in Singapore for international students

Singapore is known for its diverse food spot, offering a wide range of food options catering to different tastes and budgets. While eating out can be affordable at hawker centers and food courts, dining at restaurants increases your expenses. We will explore the average costs of eating out and highlight ways to save money on food, including cooking your meals and shopping at local markets.

List of Food

  Cost

Street Food for 1

244-489 INR

Meal at McDonald's

322.91 INR

Meal for two at an average restaurant

3,300 INR

Pepsi/Coke

122.23 INR

1 Liter Milk

360.58 INR

White Bread 

149 INR

1 dozen Eggs

204 INR

Water Bottle 1 liter

86 INR

Rice

434 INR

So if you do not want to increase your expenses you can prefer street food and self-made food because the cost of food offered by their restaurant is very expensive which can enhance your budget.

3. Cost of Transportation in Singapore for International Students

Singapore's good public transportation system makes it convenient for students to get around the city. The Mass Rapid Transit (MRT) and buses are affordable modes of transportation in Singapore especially if you purchase a stored-value card. So here are the types of transport available in Singapore and their per month cost.

Transport

Cost

Local transport(one-way ticket)

164 INR

Monthly Pass

11000 INR

Taxi

328 INR

Waiting Taxi

1,641 INR

Local transport is less expensive if you want to deduct your daily cost of transport. Local transport is the best option.

4. Cost of Utilities and Internet in Singapore for International Students

Understanding utility expenses is crucial when budgeting for your stay in Singapore. You will need to know the costs such as electricity, water, and internet. Utility bills may vary depending on your consumption so this is in your hand how you effectively save that cost or increase so here are the cost of utilities and internet.

Expense

Cost (Per Month)

Electricity

Heating

Cooling

Water

Garbage Cleaning

17,482 INR

Internet

3,693 INR

Mobile monthly Recharge

1,477 INR

5. Cost of Healthcare Singapore for International Students

Singapore boasts a well-developed healthcare system, but it is important to consider health insurance coverage as an international student and the insurance depends on the age of the candidate applying for the insurance. We will outline the various healthcare options available and discuss the associated costs to ensure you have the necessary coverage and understand any potential out-of-pocket expenses.

Expense

Cost 

Basic Checkup

2,800 INR

Private health insurance

10,834 INR

Tips for International Students to Overcome Their Expenses

There are some most important tips for international students living in Singapore. 

Find part-time work: Working part-time can help you to decrease your budget and cover your living expenses while studying abroad.

Budget your expenses: Creating a budget list can help you keep track of your expenses and avoid overspending.

Cook your meals: Cooking your meals instead of eating out can save you money and allow you to explore local markets and try new recipes.

Use public transportation: Using public transportation instead of taking taxis or private cars can save you money and help you cover yourself in the local culture.

Share accommodation: Sharing accommodation with other students can help you save money on rent and utilities.

Buy used textbooks: Textbooks can be expensive, so consider buying used ones or renting them instead of buying new ones.

Find free activities: Look for free activities and events in your area, such as free concerts, museums, and festivals.

Use online resources: There are many online resources available for students, such as online libraries, study groups, and language exchange programs.

Avoid unnecessary expenses: Be mindful of your spending and avoid unnecessary expenses, such as buying expensive clothes or eating out at fancy restaurants.

Consider a part-time internship: A part-time internship can not only help you earn money but also provide valuable work experience.

Use free communication apps: Using free communication apps like Skype or WhatsApp can help you save money on international calling and texting.

Plan your expenses: Planning your expenses can help you avoid unexpected costs and ensure that you have enough money to cover your expenses.

Part-time Jobs in Singapore for International Students

Part-time jobs in Singapore for international students allow them to work up to 16 hours per week during the academic term and full-time during vacation periods. By doing part-time jobs they can overcome or effectively run and enjoy their daily lives. Here are some popular part-time jobs with hourly pay for international students in Singapore:

Job Title

Salary (per hour)

Retail

683 INR

Food and Delivery

807 INR

Tutoring

1,615 INR

Freelance work

2,236 INR

Research Assistant

1,118 INR

Personal Fitness

932 INR

Event Staff

1,056 INR

1. Retail

Retail jobs are popular among international students, especially during the holiday season by doing these jobs they can earn per hourly salary which helps in the effective functioning of their day-to-day expenses.

2. Food and beverage

Many international students work in the food and beverage industry, such as restaurants, cafes, and bars for daily earnings through which they can fill their expenses.

3. Tutoring

Tutoring is a popular part-time job for international students who excel in a particular subject. Through this, the students can gain knowledge and a per-hour salary and utilize that money in their daily expenses.

4. Customer service

Customer service jobs are available in many industries, such as retail, hospitality, and telecommunications. This helps students to improve their communication because working in customer service you contact many international clients which gives an exposure and helps them to improve their communication also by working in this they can earn per hourly salary.

5. Freelance work

Freelance work, such as graphic design, writing, and photography, is a good option for students who have specialized skills. That is a good option for the person who doesn't want to go anywhere and wants money so they can work from their convenience.

Conclusion

In conclusion, Singapore is an energetic and exciting city that offers a high standard of living, but it can also be expensive. The cost of living in Singapore is influenced by factors such as housing, food, transportation, and other expenses, and can depend on your lifestyle and preferences. It is important to plan your budget carefully and look for ways to save money, such as cooking at home, using public transportation, and doing a part-time job to overcome daily expenses. With careful planning and budgeting, Indian students in Singapore can enjoy all that Singapore has to offer and live an effective and well-balanced life.

Who are we?

We Career Clinic is a study abroad consultancy team specializing in guiding students to find cost-effective Living in Singapore for their better cost well-balanced study. Our consultancy services have gained recognition among students, and we invite you to join us in giving your career a competitive advantage. Get in touch with us today to explore Singapore study visa and the cost of living in Singapore and if you want to study in Singapore next intakes 2024 are available. So what are you waiting for to grab your successful future now with Career Clinic consultancy?

Frequently Asked Questions

Yes, international students in Singapore can work part-time for up to 16 hours per week during academic time and full-time during vacation periods. However, students must obtain a work permit from the Ministry of Manpower and must be enrolled in a full-time course at a recognized institution. Students should also be aware of their visa restrictions and ensure that their work does not interfere with their studies.

Yes, there are many ways to save money in Singapore. These are some basic ways to save money i.e cooking at home and shopping at local markets can be good ways to save money on food expenses. Using public transportation, such as the MRT and buses, is also an affordable way to get around the city. Additionally, students can do part-time jobs to overcome their day-to-day expenses and enjoy their life effectively.

Yes, Career Clinic is the best abroad consultancy which provides you with all the necessary updates about the university there cost of living how you apply they also provide a counselor who provides you with the solution to your problems and also gives you the full support and help to choose the better and bright career so don't take stress if you have any problem contact or visit Career Clinic now.

Yes, food prices in Singapore can be expensive for international students but may vary widely depending on where you eat, but generally, eating out can be expensive. However, there are many affordable options available, such as Trader centers and food courts, where you can find delicious and inexpensive meals. Additionally, cooking at home and shopping at local markets can be a good way to save money on food expenses.