Ang Mo Kio cheapest, Toa Payoh most costly for expats to live in: Study

Toa Payoh is the most expensive place to live in Singapore for expats while Ang Mo Kio is the most affordable, according to a 2024 study.The average household income for expats residing in Toa Payoh is US$5,499 and with a monthly rental cost of US$5,007, they have little left over after paying their rent, said the study.According to the same study, Singapore ties with Basel, Switzerland, as the third best city in the world for expat to work and live.

"A new entry on the updated global expat index, Singapore emerges as the third best location for expats in 2024. Despite monthly living costs amounting to US$4,355, expats benefit from a comfortable amount of disposable income, thanks to an average salary of US$4,980," said Preply.Singapore is also the top Asian city for expats.

"With its comfortable margin for disposable income, exceptional cleanliness, high safety index, and its wealth of interesting cultural excursions to explore, Singapore is an ideal option for those looking to move abroad this year," said Preply.Over $300k a year per household? Aussie man details how much an expat family needs to earn to live in Singapore

Source: News Formal (newsformal.com)

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