What is the average salary in Singapore?

The median gross monthly salary for full-time residents was about S$4,500–S$5,000 in 2023 (MOM data). The mean is higher at ~S$6,000 due to high earners.

What is a good salary in Singapore?

For a single person, S$4,000–S$5,000/month allows a comfortable lifestyle. S$8,000+ puts you in the top ~20% of earners.

How does salary grow in Singapore?

Average 5–10% per year in fast sectors. Job-hopping typically yields 15–30% increases. Mid-career specialists can double their starting salary within 10 years.

What is the median Singapore fresh graduate salary?

STEM/Computing: S$4,200–S$4,800. Business/Finance: S$3,800–S$4,500. Arts/Social Sciences: S$3,200–S$3,800. NUS median across faculties: ~S$4,300.

Singapore Salary Benchmark 2024 — Average Salary by Industry | Temporary Email Address generator edu email 2026

About Singapore Salary Data

Salary data is based on publicly available MOM (Ministry of Manpower) survey data and industry benchmarks for 2024. These are median ranges — 50% of employees earn above the median and 50% below. Actual salaries vary significantly based on company size, specific role, educational background, skills, and negotiation. Data is updated periodically based on MOM salary surveys.

Frequently Asked Questions

The median gross monthly salary for full-time employed residents in Singapore was about S$4,500–S$5,000 in 2023 (MOM data). The mean (average) is higher at around S$6,000 due to high earners pulling it up. Tech and finance sectors typically pay above the median, while retail, F&B, and education typically pay below.

A "good" salary depends on lifestyle and location. For a single person, S$4,000–S$5,000/month allows a comfortable lifestyle with some savings. For a couple with children in a condo, S$10,000–S$15,000 household income is comfortable. S$8,000+/month puts you in the top ~20% of earners. S$15,000+ is top 10%.

Salary growth in Singapore averages 5–10% per year in fast-growing sectors (tech, finance). The biggest jumps typically come from job-hopping (15–30% increase vs. 3–5% internal raise). Mid-career professionals with 5–10 years of specialized experience can double their fresh-graduate salary. MOM data shows median salaries roughly double every 10–12 years of career progression.

Based on NUS/NTU/SMU graduate employment surveys, fresh graduates in 2024 earn a median of: S$4,200–S$4,800 for STEM/Computing, S$3,800–S$4,500 for Business/Finance, S$3,200–S$3,800 for Arts/Social Sciences, and S$5,000–S$6,000+ for Medicine/Law. The NUS median across all faculties is approximately S$4,300.

Quick Facts

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