Expatriate Cost of Living in Singapore, More Than Hong Kong

According to a Cost of Living survey conducted by ECA International, Singapore jumped three places to become the 6th most expensive city in Asia.

The continued strength of the Singapore dollar against major currencies has also catapulted the city up the global ranking, rising from 68th to 36th position in the space of a year. It is now more expensive for international assignees than Hong Kong, New York, Amsterdam, Frankfurt and Shanghai.

Cities with the highest cost of living in Asia

Asian rank 

2011

Location Global rank 

2011

Asia rank 

2010

Global rank 

2010

1
Tokyo
1
1
1
2
Nagoya
3
2
4
3
Yokohama
5
3
5
4
Kobe
9
4
7
5
Seoul
22
5
19
6
Singapore
36
9
68
7
Hong Kong
45
6
33
8
Beijing
46
8
55
9
Shanghai
47
7
46
10
Busan
64
10
75
11
Taipei
66
12
87
12
Ulsan
76
11
81
13
Guangzhou
89
13
95
14
Kaohsiung
97
15
114
15
Jakarta
102
16
123
16
Shenzhen
103
14
100
17
Bangkok
136
23
156
18
Shenyang
139
18
134
19
Astana
143
17
124
20
Tianjin
144
20
142
21
Qingdao
146
21
145
22
Dalian
147
21
145
23
Almaty
152
19
139
24
Chongqing
162
24
159
25
Suzhou
166
25
165
26
Chengdu
167
26
166
27
Wuhan
168
26
166
27
Xiamen
168
28
168
29
Nanjing
170
29
169
30
Xi’an
172
29
169
31
Surabaya
173
31
181
32
Chiang Mai
179
32
184
33
Kuala Lumpur
185
37
201
34
Balikpapan
187
33
192
35
Metro-Manila
190
34
195
36
Vientiane
197
35
198
37
Johor Bahru
199
42
213
38
New Delhi
203
38
206
39
Tashkent
206
39
209
40
George Town
209
45
218
41
Ulaanbaatar
210
49
233
42
Colombo
211
44
215
43
Mumbai
215
40
210
44
Dhaka
219
41
212
45
Hanoi
224
36
200
46
Bangalore
226
47
229
47
Chennai
227
46
227
48
Hyderabad
229
48
230
49
Ho Chi Minh City
232
43
214
50
Pune
236
50
236
51
Kolkata
238
51
237
52
Islamabad
239
52
239
53
Karachi
240
53
24

.

About ECA’s Cost of Living Survey

ECA International’s cost of living indices are calculated based upon surveys carried out annually in March and September using a basket of day-to-day goods and services. The data used above refers to year on year movements between ECA’s March 2011 and 2010 surveys.
The survey covers:
Food: Groceries; dairy produce; meat and fish; fresh fruit and vegetables
Basic: Drink and tobacco; miscellaneous goods; services
General: Clothing; electrical goods; motoring; meals out
Certain living costs such as accommodation, utilities (electricity, gas, water costs), car purchase and school fees are not included in the survey. Such items can make a significant difference to expenses but are usually compensated for separately in expatriate packages.

Written by Amit Puri - Managing Consultant, Sandbox Advisors

Amit is an experienced career, business and HR professional. Previously, he has worked with organisations such as Bain & Company, Morgan Stanley and Citigroup. Amit has advanced degrees/qualifications in Career Counselling, Organisational Psychology & HR, Occupational Psychometrics, Career/Life Coaching & Business.


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