You have to know how much the cost of living in Singapore is before you decide on pursuing your education in the country. It will give you an insight of the expenses you may encounter as you study in Singapore. It is vital for you to be financially prepared and capable of supporting yourself. You may find it hard to settle down if you do not research about the costs you may have within the country. Here are some of the typical living expenses international student have while studying in Singapore.
Accommodation is the very first item you should think about while you’re calculating Singapore cost of living. There are plenty of options for you to choose from in Singapore. The most common accommodation option for international students is renting a Housing and Development Board flat. The cost of the accommodation may amount to SGD 200 to SGD 1,500 per month depending on the geographical area, type of accommodation you settled with, demand, facilities provided, and the number of people sharing in the cost.
As soon as you know what your plans are for your accommodations, you should know the other cost of living in Singapore items you will need. Definitely make a list of everything you use in your daily activities. Afterwards, do your research and find out how much everything costs in Singapore. You have to be completely honest about this because this will be one of the sources of your comfort in your university life.
Here’s a sample list of Singapore cost of living items you need to consider:
|Food||SGD 300 to SGD 450 per month|
|Utilities||SGD 50 to SGD 80 per month (not applicable for hostels)|
|Public Transport||SGD 20 to 100 per month|
|Telecommunications||SGD 30 and above per month|
|Books and Stationeries||SGD 30 to SGD 100 per month|
|Public Transport||SGD 100 to SGD 200 per month|
This list is subject to alterations because you have to fit it with your lifestyle and how you really spend your money. It is also possible that the cost of living in Singapore will also depend on the university, course, and geographical location of your educational institution.
If you have any more questions regarding the cost of living in Singapore, don’t hesitate to contact us and we will happily answer them all.
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