Singapore Household Income Risen, Living Standard Improved Compared to 5 Years Ago

singapore-household-income-risen-living-standard-improved-in-five-years-singapore
singapore-household-income-risen-living-standard-improved-in-five-years-singapore-1
singapore-household-income-risen-living-standard-improved-in-five-years-singapore-2
singapore-household-income-risen-living-standard-improved-in-five-years-singapore-3

Median household income has increased more than a thousand to $11,780 per month compared to 5 years ago. This is 2.4% increment per year or 2.2% per year if taking inflation rate into consideration.

At the same time, Singaporean is enjoying better living standard for the same period of time. Housing, dining and transport form as much as 62% of the monthly spending. Interestingly, expenses on restaurant rose 4% to 68% of overall food spending. Meanwhile transport cost dropped to $780 from $810 previously due to lower utilisation of private vehicle, following a decline in car ownership.

Source: https://www.straitstimes.com/singapore/household-incomes-living-standards-have-gone-up-in-five-years-govt-survey

Go Back to RV Altitude Home Page

Direct Developer Price is now available at RV Altitude. To enjoy VVIP Discount, Simply Book An Appointment Here to visit the showflat.

Alternatively,

You may be notified of Latest Updates and upcoming promotions of RV Altitude by filling up the form on the right.

 Strictly no spam policy.

  • Please enter a value greater than or equal to 8.