How Expats Can Live Cheaply in Singapore While Following Local Laws
If you're an expat living in Singapore, you might expect your company to provide enough financial cushion for a comfortable life. However, it's up to you to explore ways to juggle your lifestyle to align with the local standard of living and adhere strictly to local laws. This guide will help you navigate expenses and find cost-effective solutions to live comfortably in the city.
Cost-Efficient Living in Singapore
1. Renting a Room in an HDB Estate
One of the most affordable ways to live in Singapore is by renting a room in an HDB (Housing Development Board) estate. Obtaining permission from the HDB is straightforward and can significantly reduce your monthly expenses.
Sample Monthly Budget
Rental: $800 Food (Breakfast, Lunch, and Dinner): $15 per day (total $450 per month) Transport: $10 per day (total $300 per month) Miscellaneous Expenses: $15 per day (total $450 per month)Total monthly cost: $2000
2. Embrace the Local Way of Life
To live cheaply in Singapore, emulate the local lifestyle. Follow a local to where they live, shop, eat, and entertain themselves and their friends. These places usually offer excellent value for money. Ensure you keep these cost-effective options separate from your expat circles to avoid price increases.
3. Navigating Public Transport
Traveling by bus or the MRT (Mass Rapid Transit) is incredibly cheap and convenient. Public buses in Singapore are designed for everyday use, and the MRT system is renowned for its efficiency and cleanliness. Consider these transportation options to save on your monthly expenses.
Overcoming Temptations to Live Comfortably
1. Embracing the City Culture
Though Singapore is known as the 'City in the Garden' due to its lush greenery and cleanliness, the allure of owning a home and experiencing the city's elegant infrastructure might be too tempting. Stare at the smooth road surfaces, ice cream spots, and the scenic streets, but remember that the reality of living here can be very different.
2. Avoiding Unnecessary Expenditures
Singapore is a country where one step in, and you become a spending machine. Embrace the idea of saving and sticking to your budget. Avoid the temptation to buy excessively, as it's all too easy to spend more in Singapore than you planned.
3. Living on a Budget
There are no magic tips or simple ways to live cheaply in Singapore. It requires a mindset shift and a commitment to living within your means. Adapting to a more modest lifestyle will help you save and enjoy life in this vibrant city without breaking the bank.
Remember, the key to living cheaply in Singapore is to embrace the local lifestyle, manage your expenses wisely, and avoid unnecessary expenditures. With these tips, you can ensure you stay within your budget and enjoy the wonderful opportunities Singapore offers, all while maintaining compliance with local laws.