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Money magazine
Insurer of the
Year 2017-21

prices shown in
Singapore vs London
Sin vs Lon

Average net salary (After tax)

London
Singapore

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Lon
Sin
Outside city centre
Lon
Sin

Rent 3 bedroom apartment

Cost per month

In city centre
Lon
Sin
Outside city centre
Lon
Sin

Buy apartment

Price per m2

In city centre
Lon
Sin
Outside city centre
Lon
Sin

Mortgage rates

London
4.5%
Singapore
5.5%
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home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

London
Singapore

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Lon
Sin

Mobile phone data

One-minute local prepaid call (no plan or discount)

Lon
Sin

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Lon
Sin

Monthly pass

Regular price

Lon
Sin

Fuel prices

Per Litre

London
Singapore

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Lon
Sin
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car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Lon
Sin
White bread 500g
Lon
Sin
Eggs 12
Lon
Sin
White rice 1kg
Lon
Sin

Pack of cigarettes

(Marlboro)

London
Singapore

Meat & cheese

Chicken breasts 1kg
Lon
Sin
Beef round 1kg
Lon
Sin
Local cheese 1kg
Lon
Sin

Vegetables

Potatoes 1kg
Lon
Sin
Lettuce 1 head
Lon
Sin
Tomatoes 1kg
Lon
Sin

Fruit

Apples 1kg
Lon
Sin
Oranges 1 head
Lon
Sin
Bananas 1kg
Lon
Sin

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Lon $4,070.74/mth
Sin $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Lon $4,070.74/mth
Sin $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

London
4.5%
Singapore
5.5%

Restaurant Prices in London are 17.14% higher than in Singapore

Drinks

Coke/Pepsi 0.33L
bottle
Lon $4,070.74/mth
Sin $4,070.74/mth
Water 0.33L
bottle
Lon $4,070.74/mth
Sin $4,070.74/mth
Cappuccino regular
Lon $4,070.74/mth
Sin $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Lon
Sin
Market 0.5L bottle
Lon
Sin

Imported beer

Restaurant 0.33L bottle
Lon
Sin
Market 0.33L bottle
Lon
Sin

Bottle of wine

Mid-range, from supermarket

London
5
Singapore

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Lon
Sin

Summer dress

From a chain store (e.g. Zara, H&M)

Lon
Sin

Shoes

1 pair Nike shoes
Lon
Sin
1 pair men's leather shoes
Lon
Sin

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

London
$15.33
Singapore
$11.43

Tennis court rental

One hour on weekend

Lon $4,070.74/mth
Sin $4,070.74/mth

Fitness club

Monthly fee for one adult

Lon $4,070.74/mth
Sin $4,070.74/mth