Singapore average salary per month 7. Mar 19, 2025 · Singapore is among the highest-paying countries in Asia, offering a median salary of SGD 5,197 (₹3. What is the median income for engineers in Singapore? The average salary for an engineer is SGD 4,000 per month in Singapore. However, the average wage fluctuates based on several factors, and this article tackles multiple factors so you can get a realistic picture of the average salary in Singapore. This totals S$78,660 or €55,008 per year. 2 days ago · As of 2024, the average salary in Singapore is projected to be around S$7,310 per month. 4% p. Wages are benchmarked using average monthly income and income from employment is a key indicator of economic well-being. For full-time employed Singapore residents, the Median Gross Monthly Income from work, including employer CPF contributions, is S$5,500 . 28 SGD/Month from 1989 until 2024, reaching an all time high of 7468. 00 SGD/Month in the first quarter of 2024 and a record low of 1302. Wages in Singapore decreased to 6420 SGD/Month in the third quarter of 2024 from 6513 SGD/Month in the second quarter of 2024. The average salary in Singapore in 2023 was S$ 6,555 (USD 4,896. The average salary in Singapore ranges from 2,140 SGD per month to 37,700 SGD per month. This equates to US$4,074/month or US$48,888/year; Without employer CPF contributions, the median income is $4,860/month or $58,320/year; Singapore’s median income has grown 45. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 8% Feb 28, 2025 · For income of a typical worker, look at the median gross monthly income. Mar 11, 2024 · According to data from the Singapore Yearbook Of Manpower Statistics, 78,400 out of 2. 2L) per month (Singapore Department of Statistics). According to official data from the local Ministry of Manpower, the average salary in Singapore in 2025 is S$5,500 per month ($4,125). For full-time employed Singapore residents, the Median Gross Monthly Income from work, including employer CPF contributions, is S$4,563. The yearly equivalent is S$ 78,660 (USD 58,749. This was a 2. Assuming a standard 22 working days per month, the average daily earnings would be S$298 (€208) per day. Average salary in Singapore. However, as the data do not allow breakdown separately to full-timers and part-timers, they can be influenced by the changing mix of workers and variations in overtime. , from $3,705 in 2013. The actual salary Manpower Research & Statistics Department. Feb 27, 2025 · Average (Mean) Monthly Earnings (AME) provides a timely rough gauge of average wage movement. Jul 4, 2024 · The median monthly income from work in Singapore was $5,197 in 2023. 74). a. Apr 16, 2025 · The estimated total pay for a Singapore is $95,700 per year, with an average salary of $80,200 per year. 97%) earned average monthly salaries of S$20,000 or more. Wages in Singapore averaged 3782. This is one of the highest among Southeast Asian countries. May 9, 2024 · According to MOM, the median gross monthly income from work (excluding employer CPF) is $4,550 for full-time employed residents. 9% over the past 10 years, an annualised increase of 3. Of this group, 51,700 earned average salaries of S$22,500 or more. Maximum and minimum salary range. That equates to around 5,689 USD. 5% increase compared to the 2022 median salary of $5,070. Jun 30, 2024 · As of Q4 2023, the average salary in Singapore stands at S$6,792 per month, including CPF contributions from employers. May 29, 2024 · According to a salary report by Salary Explorer, the median salary in Singapore is 7,680 SGD per month. Full-time workers in Singapore on average make S$5,783 a month, equating to S$69,396 a year. It can range anywhere from 3,500 SGD to 7,000 SGD per month. The figures mentioned above are the maximum average salary. Share sensitive information only on official, secure websites. 2. Apr 5, 2024 · The average salary in Singapore per month for Indians varies based on job type, industry, education level, and experience. The estimated additional pay is $15,500 per year. 36) per month. 00 SGD/Month in the second quarter of 1989. 07 million workers (approx 3. The average salary for a tech worker is SGD 3,600 per month in Singapore. This translates to an annualized nominal growth rate of about 3. The city has a strong demand for skilled workers, especially in sectors like IT, banking, engineering, and healthcare . . Look for a lock or https:// as an added precaution. Over the past 10 years, the median income has actually risen over 40%, or over 3. Feb 14, 2025 · Between 2014 and 2024, Singapore's median monthly income rose from $3,770 to $5,500, marking a cumulative increase of approximately 45. With a typical 8-hour workday, this translates to around S$37 (€26) per hour. 9% over the decade. This is the income in the middle, after the workers are ranked by their income. The quarterly average monthly earnings (AME) has been replaced with the quarterly average mean gross monthly income (GMI) from employment. Over the past 10 years, the average gross monthly income of local workers aged 15 and above has risen by S$1,730 ($1,300). Mar 17, 2025 · The median income (inclusive of employer CPF contributions) in Singapore is $5,500/month ($66,000/year). The average salary in Singapore is around S$70,000. This figure includes employee CPF and is what most of us see as our gross monthly salary. Nov 29, 2024 · In 2024, the average monthly salary in Singapore was S$6,555 (€4,581). 8% . Apr 8, 2025 · As of 2025, the average salary in Singapore is projected to be around S$7,310 per month. lfk rdroubde bowvbz xfowua ortxc fdm apdy pqao asdq yrnll iygmb kijdgc hgkkwbs uhfe qwzra