Average Salary in Singapore 2026
Currency: SGD · Updated for 2026
How much money does a person working in Singapore make?
Average Monthly Salary
5,994 SGD
( 71,926 SGD yearly )
~ 4,473 USD per month ( 53,676 USD yearly )
LOW
1,199 SGD
895 USD
AVERAGE
5,994 SGD
4,473 USD
HIGH
23,975 SGD
17,892 USD
A person working in Singapore typically earns around 5,994 SGD per month. Salaries range from 1,199 SGD (lowest average) to 23,975 SGD (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Singapore
Median and salary distribution monthly Singapore
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What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated.
The median (5,095 SGD) represents the middle salary value — 50% earn more and 50% earn less. The average (5,994 SGD) is the sum of all salaries divided by the number of workers, and can be skewed by extremely high or low salaries.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
- 0–2 Years (Entry Level)35,963 SGD
- 2–5 Years (Junior)46,751 SGD
- 5–10 Years (Mid-Career)61,138 SGD
- 10–15 Years (Experienced)71,926 SGD
- 15+ Years (Senior)86,311 SGD
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average +30% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average +31% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by +18% and an additional +20% for those who have crossed the 15 years mark.
“On average, a person's salary doubles their starting salary by the time they cross the 10 years experience mark.”
Salary Comparison By Education
How does the education level affect your salary?
- High School43,156 SGD
- Certificate50,348 SGD
- Associate57,541 SGD
- Bachelor's71,926 SGD
- Master's86,311 SGD
- PhD100,696 SGD
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High School → Certificate
+17%
Certificate → Bachelor's
+43%
Bachelor's → Master's
+20%
Master's → PhD
+17%
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average +17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn +43% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are +20% more than those with a Bachelor's Degree.
Finally, PhD holders earn +17% more than Master's Degree holders on average.
Salary Comparison By Gender
Salary comparison by gender monthly Singapore
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Singapore earn 9% more than their female counterparts on average across all sectors.
Average Annual Salary Increment Percentage in Singapore
How much are annual salary increments? How often do employees get salary raises?
9%
Average Raise
14 months
Review Frequency
5%
Annualized Increase
Employees in Singapore are likely to observe a salary increase of approximately 9% every 14 months.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
The average salary increase in one year (12 months) in Singapore is 5%.
Bonus and Incentive Rates in Singapore
How much and how often are bonuses being awarded?
52%
Received Bonus
48%
No Bonus
52% of surveyed staff in Singapore reported receiving at least one form of monetary bonus.
Average Bonus Rate
6%
of annual salary
Types of Bonuses Considered:
• Individual Performance-Based Bonuses
• Company Performance Bonuses
• Goal-Based Bonuses
• Holiday / End of Year Bonuses
Top 5 Highest Paying Industries
Annual average salaries
- Legal97,100 SGD
- Aviation93,504 SGD
- Information Technology93,504 SGD
- Banking89,907 SGD
- Pharmaceuticals89,907 SGD
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Salaries for Popular Jobs
Sample job titles and their average salaries
| Job Title | Annual Salary | Monthly Salary |
|---|---|---|
| Surgeon | 179,815 SGD | 14,985 SGD |
| Pilot | 143,852 SGD | 11,988 SGD |
| Software Developer | 129,467 SGD | 10,788 SGD |
| Data Scientist | 122,274 SGD | 10,189 SGD |
| Financial Manager | 115,082 SGD | 9,590 SGD |
| Database Administrator | 107,889 SGD | 8,991 SGD |
| Engineer | 100,696 SGD | 8,391 SGD |
| Marketing Manager | 93,504 SGD | 7,792 SGD |
| Project Manager | 89,907 SGD | 7,492 SGD |
| Accountant | 79,119 SGD | 6,593 SGD |
| Hotel Manager | 71,926 SGD | 5,994 SGD |
| Nurse | 64,733 SGD | 5,395 SGD |
| Graphic Designer | 61,138 SGD | 5,095 SGD |
| Chef | 53,944 SGD | 4,496 SGD |
| Teacher | 50,348 SGD | 4,196 SGD |
Salary Comparison By City
Average annual salaries by city
| City | Average Salary |
|---|---|
| Singapore | 82,714 SGD |
Government vs Private Sector Salary Comparison
Where can you get paid more?
5,694 SGD
Private Sector
6,294 SGD
Public Sector
+11%
Public sector employees in Singapore earn 11% more than their private sector counterparts on average across all sectors.
Average Hourly Wage in Singapore
35 SGD
per hour
The average hourly wage (pay per hour) in Singapore is 35 SGD. This means that the average person in Singapore earns approximately 35 SGD for every worked hour. Hourly Wage = Annual Salary ÷ (52 × 5 × 8)
Cost of Living in Singapore
Estimated monthly expenses
Rent
1,360 SGD
/month
Food
436 SGD
/month
Transport
163 SGD
/month
Utilities
217 SGD
/month
Compare Your Salary
See how your salary compares with the average in Singapore and explore top-paying jobs.