Cost of living in Singapore compared to Panama
Currency:
| Food | + 25% | |||
|---|---|---|---|---|
| Food in Singapore is 25% more expensive than in Panama | ||||
| Singapore | Panama | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | SGD $13 (9 B/.) | 15 B/. | - 40% | |
| Combo meal in fast food restaurant (big mac meal or similar) | SGD $10 (7 B/.) | 8 B/. | - 11% | |
| 500 gr (1 lb.) of boneless chicken breast | SGD $7 (5.40 B/.) | 3.63 B/. | + 49% | |
| 1 liter (1 qt.) of whole fat milk | SGD $3.84 (2.80 B/.) | 2.17 B/. | + 29% | |
| 12 eggs, large | SGD $5.18 (3.78 B/.) | 3.06 B/. | + 23% | |
| 1 kg (2 lb.) of tomatoes | SGD $3.58 (2.61 B/.) | 2.40 B/. | + 9% | |
| 500 gr (16 oz.) of local cheese | SGD $16 (12 B/.) | 7 B/. | + 66% | |
| 1 kg (2 lb.) of apples | SGD $7 (4.82 B/.) | 2.92 B/. | + 65% | |
| 1 kg (2 lb.) of potatoes | SGD $4.20 (3.06 B/.) | 2.14 B/. | + 43% | |
| 0.5 l (16 oz) domestic beer in the supermarket | SGD $6 (4.54 B/.) | 1.29 B/. | + 252% | |
| 1 bottle of red table wine, good quality | SGD $47 (34 B/.) | 13 B/. | + 156% | |
| 2 liters of coca-cola | SGD $3.48 (2.54 B/.) | 2.55 B/. | - 1% | |
| Bread for 2 people for 1 day | SGD $3.19 (2.32 B/.) | 1.69 B/. | + 37% | |
| Housing | + 164% | |||
| Housing in Singapore is 164% more expensive than in Panama | ||||
| Singapore | Panama | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | SGD $6,335 (4,617 B/.) | 1,466 B/. | + 215% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | SGD $4,697 (3,424 B/.) | 891 B/. | + 284% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | SGD $276 (201 B/.) | 152 B/. | + 32% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | SGD $4,640 (3,382 B/.) | 939 B/. | + 260% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | SGD $3,300 (2,405 B/.) | 939 B/. | + 156% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | SGD $181 (132 B/.) | 89 B/. | + 48% | |
| Internet 8 mbps (1 month) | SGD $44 (32 B/.) | 43 B/. | - 24% | |
| 40” flat screen tv | SGD $746 (543 B/.) | 346 B/. | + 57% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | SGD $189 (138 B/.) | 98 B/. | + 41% | |
| Laundry detergent (3 l. ~ 100 oz.) | SGD $13 (9 B/.) | 7 B/. | + 24% | |
| Hourly rate for cleaning help | SGD $25 (18 B/.) | 4.70 B/. | + 281% | |
| Clothes | + 50% | |||
| Clothes in Singapore is 50% more expensive than in Panama | ||||
| Singapore | Panama | Diff | ||
| 1 pair of jeans (levis 501 or similar) | SGD $144 (105 B/.) | 49 B/. | + 113% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | SGD $58 (43 B/.) | 33 B/. | + 27% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | SGD $143 (105 B/.) | 84 B/. | + 25% | |
| 1 pair of men’s leather business shoes | SGD $157 (114 B/.) | 79 B/. | + 44% | |
| Transportation | + 207% | |||
| Transportation in Singapore is 207% more expensive than in Panama | ||||
| Singapore | Panama | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | SGD $153,154 (111,621 B/.) | 20,405 B/. | + 447% | |
| 1 liter (1/4 gallon) of gas | SGD $3.03 (2.21 B/.) | 1.35 B/. | + 63% | |
| Monthly ticket public transport | SGD $129 (94 B/.) | 31 B/. | + 200% | |
| Personal Care | + 49% | |||
| Personal Care in Singapore is 49% more expensive than in Panama | ||||
| Singapore | Panama | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | SGD $13 (9 B/.) | 7 B/. | + 25% | |
| 1 box of antibiotics (12 doses) | SGD $38 (28 B/.) | 17 B/. | + 62% | |
| Short visit to private doctor (15 minutes) | SGD $73 (53 B/.) | 28 B/. | + 86% | |
| 1 box of 32 tampons (tampax, ob, ...) | SGD $13 (10 B/.) | 5.50 B/. | + 74% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | SGD $5.47 (3.99 B/.) | 3.42 B/. | + 17% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | SGD $19 (14 B/.) | 7 B/. | + 96% | |
| 4 rolls of toilet paper | SGD $3.73 (2.72 B/.) | 3.52 B/. | - 23% | |
| Tube of toothpaste | SGD $5.22 (3.81 B/.) | 3.31 B/. | + 15% | |
| Standard men's haircut in expat area of the city | SGD $48 (35 B/.) | 15 B/. | + 126% | |
| Entertainment | + 61% | |||
| Entertainment in Singapore is 61% more expensive than in Panama | ||||
| Singapore | Panama | Diff | ||
| Basic dinner out for two in neighborhood pub | SGD $88 (64 B/.) | 34 B/. | + 88% | |
| 2 tickets to the movies | SGD $31 (22 B/.) | 13 B/. | + 73% | |
| 2 tickets to the theater (best available seats) | SGD $216 (157 B/.) | 36 B/. | + 342% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | SGD $152 (111 B/.) | 58 B/. | + 92% | |
| 1 cocktail drink in downtown club | SGD $23 (17 B/.) | 10 B/. | + 67% | |
| Cappuccino in expat area of the city | SGD $7 (5.10 B/.) | 5.48 B/. | - 7% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | SGD $12 (9 B/.) | 2.83 B/. | + 207% | |
| Ipad wi-fi 128gb | SGD $922 (672 B/.) | 663 B/. | + 1% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | SGD $0.31 (0.23 B/.) | 0.29 B/. | - 21% | |
| 1 month of gym membership in business district | SGD $189 (138 B/.) | 49 B/. | + 182% | |
| 1 package of marlboro cigarettes | SGD $16 (11 B/.) | 5.65 B/. | + 101% | |
| TOTAL | + 111% | |||
These prices were last updated on October 03, 2023.
Exchange rate:
0.729
PAB
/
SGD
This comparison is based on abundant and consistent data. It is based on 1,721 prices entered by 218 different people.
Cost of living in Singapore is 111% more expensive than in Panama
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