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Average Salary in Singapore 2018

How much money does a person working in Singapore make?

7,327 SGD per month
Average Monthly Salary
A person working in Singapore typically earns around 7,327 SGD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Singapore | All Jobs

25% of people earn
3,500 SGD
or less
50% of people earn
5,500 SGD
or less
75% of people earn
8,500 SGD
or less
Minimum
1,000 SGD
Median
5,500 SGD
Maximum
84,000 SGD

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Singapore range between 1,000 SGD per month (minimum salary) to 84,000 SGD per month (maximum salary).

The median salary is 5,500 SGD per month, which means that half (50%) of the population are earning less than 5,500 SGD while the other half are earning more than 5,500 SGD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 3,500 SGD while 75% of them are earning more than 3,500 SGD. Also from the diagram, 75% of the population are earning less than 8,500 SGD while 25% are earning more than 8,500 SGD.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salary Trend and Forecast in Singapore

How are Singapore salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

2015201620172018
Average Salary 2015    =  
6,865 SGD
Average Salary 2016    +1%  
6,961 SGD
Average Salary 2017    +3%  
7,156 SGD
Average Salary 2018    +2%  
7,327 SGD
Percentage increase and decrease are relative to the previous value
Salaries in Singapore are on the rise in the year 2018 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2018 are 2% higher than those of 2017. The trend suggests a slow yet continous increase in pay in 2019 and future years. These numbers differ slightly from industry to another.


Average Hourly Wage in Singapore | All Jobs

38 SGD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Singapore | All Jobs is 38 SGD. This means that the average person in Singapore earns approximatly 38 SGD for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Salary Comparison By City

CityAverage Salary
Singapore7,341 SGD
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