How does Singapore compare to the US?

Singapore offers a compelling alternative to the US, particularly for those prioritizing safety and a lower cost of living. While the overall cost of living is about 1% lower than in the US, the real difference comes down to taxes. Your tax burden in Singapore will be higher, averaging 23.5% compared to around 22% in the US. This difference in taxation significantly impacts your take-home pay and purchasing power. However, Singapore shines in other areas. It boasts exceptional safety, scoring 9.5 out of 10 on our safety index, far surpassing the US score of 6.2. Healthcare is also a strong point, with Singapore scoring 8.1 compared to the US at 7.1. So, while your taxes might be a bit higher, you’ll likely enjoy a safer environment and better healthcare in Singapore, often for a similar or slightly lower overall cost of living. Consider your priorities: lower taxes or higher safety and healthcare quality.