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Summary of Key Findings. The average median income (inclusive of employer CPF contributions) in Singapore is $5,197/month ($62,364/year). This equates to US$3,850/month or US$46,200/year. Without employer CPF contributions, the average median income is $4,550/month or $54,600/year.
What Is The Median Salary In Singapore? The median monthly income from work in Singapore was $5,197 in 2023. This was a 2.5% increase compared to the 2022 median salary of $5,070. Over the past 10 years, the median income has actually risen over 40%, or over 3.4% p.a., from $3,705 in 2013.
The average salary in Singapore is around S$70,000. Full-time workers in Singapore on average make S$5,783 a month, equating to S$69,396 a year.
What’s the average salary in Singapore? As of 2024, the average salary in Singapore is projected to be around S$7,310 per month. For full-time employed Singapore residents, the Median Gross Monthly Income from work, including employer CPF contributions, is S$4,563 .
The average salary in Singapore is S$60k. Trends in wages decreased by -100.0 percent in Q3 2024. The cost of living in Singapore is NaN percent lower than the national average.
The median salary in Singapore for 2022 is $4,500 but this number differs for the various age groups, occupations and qualification attainments.
For income of a typical worker, look at the median gross monthly income. This is the income in the middle, after the workers are ranked by their income. If you are interested in wage increases that employers give over the year, then look at the annual wage changes.
Results are based on the Ministry of Manpower’s Occupational Wages 2022 data and Labour Force in Singapore 2022 report. How much are people in your age group earning?
As of Q4 2023, the average salary in Singapore stands at S$6,792 per month, including CPF contributions from employers. Wages are benchmarked using average monthly income and income from employment is a key indicator of economic well-being. Median salary in Singapore by age.
Table: Average (Mean) Monthly Earnings. Released on:28/6/2024 10:30 AM. Available quarterly, Average (Mean) Monthly Earnings (AME) provides a timely rough gauge of average wage movement.