Singapore · S$260,000+ · very high cost city
Savings rate in Singapore on S$260,000+ — are you on track?
Earning S$260,000+ in Singapore? Based on Singapore DOS HES 2017/18, people at this income level in Singapore typically save around 48% of gross income. Enter your actual costs below to see how you compare.
Pre-set for Singapore · S$260,000+ — adjust to your situation
What 48% savings means in Singapore
Using Singapore DOS HES 2017/18, people earning S$260,000+ in Singapore save around 48% of gross income on average. In Singapore — a very high cost city — housing costs typically run 16–29% of income, which can significantly compress savings even at this income level.
Minimum
16%
floor — not building
Expected
22%
mid-income benchmark
Strong
35%
top tier
Source: Singapore DOS HES 2017/18. Benchmarks shown for mid-income earners in Singapore.
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