Is our Bak Chor Mee and Nasi Lemak Subjected to Goods and Services Tax (GST)?
“An average household’s expenditure for the lower 20% is at $2,286.30 per month.
Brace yourself for an increase in the cost of living in 2018.
Singapore is a beautiful country to live but for those out there who think “what if?”, you might just be one step closer to migrating.
By 2016, the top 10% made S$30,175 per month, which is 15.81x of S$1,909 that the bottom 10% made. Top 10%’s income grew by 89%, while the bottom 10%’s wage grew by only 38%, barely beating inflation.
A compilation of Singaporean’s household income vs expenditure, and what can Singaporeans do to improve their household finances.
Have you always wondered how much is your household income compared to the average Singaporean?
Any Singaporean who grew up in the 80s and 90s would have embraced the good old days of cheaper affordable food and drinks. With a growing economy, things change!
Singapore is getting expensive, you remain employed for as long you are paying off that debt. A family unit survives due to some form of debt and work.
Have you always wondered how much you are earning compared to the average Singaporean? Here’s a simple guide among Singaporeans and what you can do about it.