Singapore is one of the best study abroad destinations not only because of the high-quality education but also due to the high standard of living when compared to many countries. From being an unrecognized island, Singapore stood up with great potential as the world’s leading economy. With the chance of studying at the most prestigious colleges, education is economical in Singapore. Not only the tuition fees but also the rent, transport, and other expenses are also included when we talk about living costs for students in Singapore. Let’s look out how the cost of living for a student in Singapore would be.
Just like the other countries, Singapore has a wide range of categories in universities and the tuition fee also varies for each college. Furthermore, Singapore's polytechnics, which give certificate diplomas, are even more affordable. For example,
Here are the approximate average monthly expenses in Singapore for International students
|Average Monthly Expense||In SD $||In INR|
|Rents at University Halls of Residence||210-320||11,650-17,690|
|Meals if had at university hostel||150-800||8,000-41,000|
|Public Trains (Concessional Pass available)||120||6,150|
Other expenses can rise if the students choose to rent an apartment outside the university campus and take care of themselves on their own. Studying in Singapore is not necessarily less expensive than studying in other well-known nations. Where it does save money is that most master's programs, particularly MBAs, are one-year programs.
In a sense, this lowers the expense of studying in Singapore in comparison to another well-known study abroad locations such as the United States and the United Kingdom. What a student must understand is that if he or she does not get a spot in a student hall of residence, which is a strong likelihood, he or she will have to rely on off-campus housing, which is quite expensive in Singapore.
[Read More: Top Scholarships To Study In Singapore For Indian Students]
Yes. Singapore is a costly for living than many nations. Even though it is slightly cheaper than New York, Singapore living is more costly than Canada, the USA, and other nations. But the tuition fee in Singapore universities is affordable for Indian students.
[Read More: Why choose to Study in Singapore for Higher Education?]
The typical monthly payment for undergraduate and postgraduate students could range from (SGD) $2,000 to $12,000. Undergraduate students' education costs range between INR 12-20 lakhs per year. This varies according to the curriculum and the university.
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