Is Singapore expensive to live in?

Yes, Singapore is expensive to live in, especially when it comes to housing and transportation. While the overall cost of living index is 99 (compared to the US at 100), this masks significant variations. For example, a 1-bedroom apartment in the city center can easily run S$3,500 – S$4,500 per month (US$2,600 – US$3,300). Utilities add another S$150 – S$250. Public transport is efficient and affordable, but owning a car is incredibly expensive due to high taxes and COEs (Certificates of Entitlement), often pushing car prices to triple what they'd be in the US. Groceries and dining out can be reasonable if you stick to hawker centers (S$5-S$10 per meal), but Western-style restaurants are pricey. Income tax is progressive and lower than many Western countries, ranging from 0% to 22% for the highest earners. This helps offset some of the higher costs. Overall, while daily goods might feel similar to the US, major expenses like rent and owning a car will significantly impact your budget. Be prepared for high housing costs if you're considering a move.