Question 1

What income is considered rich in Singapore?

Accepted Answer

Using monthly household employment income (SingStat 2025, annualised), SGD 332,064 per year (SGD 27,672/month) puts your household in the top 10% of resident employed households. SingStat does not publish top 5% or top 1% thresholds — only deciles. The figures exclude employer CPF contributions and exclude non-employment income.

Question 2

Is SGD 200,000 a year a good household income in Singapore?

Accepted Answer

An annualised household employment income of SGD 200,000 (about SGD 16,667/month) sits between the 70th and 80th percentile in Singapore (the 70th is SGD 192,900, the 80th is SGD 243,744). It is well above the national median of SGD 127,092.

Question 3

What is the median household income in Singapore?

Accepted Answer

The median household monthly employment income in Singapore is SGD 10,591/month — SGD 127,092/year annualised (SingStat 2025). The mean is SGD 13,752/month (SGD 165,024/year), about 30% higher because top earners pull the average up. These figures cover resident employed households (households with at least one employed member).

Question 4

What's NOT included in these figures?

Accepted Answer

These figures count only employment income (work-related earnings) for households with at least one employed person. Non-employment income (investment, rental, government transfers like Workfare or Silver Support) is excluded, and households where nobody works (~14% of resident households) are excluded entirely. SingStat's broader 'Household Market Income' measure for 2025 reports a higher median of SGD 12,446/month, which includes all income sources for all resident households.

Question 5

Why is Singapore's median income higher than most countries?

Accepted Answer

Singapore has high employment rates, dual-earner households, and low income tax (no GST refunds reduce the after-tax gap with countries that have heavier taxation). The cost of living, particularly housing, is also high. Compare these per-household figures with care — countries like the US or Switzerland report on a per-household-equivalent basis (adjusting for household size), which Singapore's table does not do.

Am I rich in Singapore?

Income distribution in Singapore

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What the numbers actually say