Cost of Living in Singapore for Indian Students (2025 Guide)

 

If you're planning to study in one of Asia's most dynamic and modern cities, Singapore offers an excellent opportunity for higher education. However, before applying for a student visa for Singapore from India, it's important to understand the cost of living in the city-state. By knowing the living expenses in advance, you can plan your budget better and ensure a smooth, stress-free academic journey in 2025.

Why Singapore is a Top Study Destination for Indian Students

Singapore is not just a financial hub; it's also a globally recognized education center. With top universities, a highly advanced infrastructure, and a thriving multicultural environment, the country offers a rich academic experience combined with a high quality of life. For Indian students, the close proximity to home, the English-speaking environment, and excellent career prospects make Singapore a popular choice. The country's safety, cleanliness, and efficient public services are also key factors that contribute to its appeal.

Understanding the Cost of Living in Singapore

Singapore has a reputation for being an expensive city, but the overall cost of living depends largely on your choices, such as accommodation type, lifestyle, and spending habits. On average, Indian students can expect to spend between SGD 1,200 and SGD 2,500 per month on living expenses. The key to managing your budget is knowing where to allocate your funds and where to cut back, ensuring that you can enjoy your stay while keeping costs under control.

Major Living Expenses for Indian Students

As you plan your finances, here are the main categories you’ll need to consider for your monthly expenses:

Accommodation – Rent or hostel fees

Food and groceries – Daily meals and essentials

Transportation – Public transport or occasional taxis

Healthcare – Medical checkups and insurance

Utilities and Internet – Monthly utility bills and internet costs

Personal expenses – Shopping, entertainment, and social activities

Accommodation Costs in Singapore

Housing is typically the largest expense for international students. Depending on your preferences, here’s a breakdown of the types of accommodation you can expect:

On-Campus Housing: SGD 400 – SGD 1,000 per month

 (On-campus housing is convenient but may have limited availability, and costs can vary depending on the university.)

Off-Campus Apartments: SGD 800 – SGD 2,000 per month

 (Choosing shared accommodation can significantly lower your rent while still offering a comfortable living environment.)

Private Rentals: SGD 1,200 – SGD 2,500 per month

 (For those who want more privacy, renting a private apartment is an option, though it comes with a higher price tag.)

Tip: If you’re trying to save on accommodation costs, look for shared housing near your university. This can help reduce both rent and transportation costs.

Food and Grocery Expenses

Singapore offers a rich culinary experience, from affordable street food to upscale restaurant dining. Here's a breakdown of what you can expect for food:

Eating Out: SGD 5 – SGD 10 per meal at local food stalls

Restaurant Meals: SGD 15 – SGD 25 per meal

Groceries: SGD 200 – SGD 400 per month

To save money, cooking at home is one of the best options. Supermarkets like NTUC FairPrice and Sheng Siong are known for offering affordable groceries, making it easier to manage your food budget.

Transportation Costs

Singapore has one of the best public transport systems in the world—efficient, affordable, and easy to navigate. Here are the typical costs for transportation:

Bus and MRT Rides: SGD 1 – SGD 2 per trip

Monthly Transport Pass: SGD 120 – SGD 150

Taxi Rides: SGD 10 – SGD 20 (use taxis only for occasional trips)

If your university is within walking distance, or if you prefer cycling, these can also be cost-effective alternatives to public transport.

Healthcare and Insurance

As an international student, health insurance is mandatory in Singapore. Many universities include insurance as part of the tuition fees, so be sure to check if this is already covered.

Health Insurance: SGD 100 – SGD 300 per year

Doctor Consultation: SGD 30 – SGD 60 per visit

While medical care in Singapore is of the highest standard, it’s important to have adequate insurance to avoid any unexpected medical costs.

Utilities and Internet Costs

For students living off-campus, you’ll need to factor in utilities such as electricity, water, and internet. Here's what you can expect:

Electricity & Water: SGD 80 – SGD 150 per month

Internet Plans: SGD 40 – SGD 70 per month

If you're sharing accommodation, these costs can be split with roommates, making it more affordable.

Entertainment and Personal Expenses

Living in Singapore isn’t just about studying—there's plenty to do for leisure. While your focus will be on academics, it’s important to set aside a budget for entertainment and social activities. Here are some typical costs:

Movie Ticket: SGD 12 – SGD 15

Fitness Club: SGD 50 – SGD 100 per month

Weekend Outings: SGD 50 – SGD 100

Striking a balance between studies and relaxation is essential for a healthy student life. There are also student discounts available for many activities, so be sure to take advantage of those.

Singapore Student Visa and Financial Proof

When applying for a student visa for Singapore from India, one of the key requirements is proof of financial stability. You must demonstrate that you have sufficient funds to cover tuition and living expenses for at least one year. Typically, this amount is around SGD 25,000 to SGD 30,000, which covers both living and tuition costs.

Budget Planning Tips for Indian Students

Here are a few practical budgeting tips to help you manage your expenses in Singapore:

Track your spending: Use budgeting apps or spreadsheets to keep a close eye on your expenses each month.

Opt for shared accommodation: This is an easy way to cut down on your rent and utility costs.

Use public transport: A monthly pass is a cost-effective way to get around.

Cook your meals: Grocery shopping and preparing meals at home can help you save a significant amount of money.

Take advantage of student discounts: Many places offer discounts for students, so always ask about any available deals.

Scholarships and Part-Time Jobs

Many universities in Singapore offer scholarships or grants to international students based on academic performance. These can help reduce your tuition costs, making your stay more affordable.

In addition, international students can work part-time during their studies. You can work up to 16 hours per week during term time and full-time during university holidays. Part-time jobs typically pay between SGD 8 and SGD 12 per hour, which can help cover living costs.

Conclusion

While Singapore may seem expensive at first glance, it offers exceptional educational opportunities and a high quality of life that makes it a worthwhile investment. By carefully planning your budget and managing your spending, you can live comfortably while pursuing your studies. With smart financial decisions, you’ll be able to fully enjoy your experience in Singapore and focus on making the most of your academic journey.

FAQs

How much does it cost to live in Singapore for Indian students?

 The average cost of living for Indian students in Singapore ranges from SGD 1,400 to SGD 2,500 per month, depending on lifestyle and accommodation choices.

Is Singapore affordable for students?

 Yes, with proper budgeting, shared accommodation, and taking advantage of student discounts, living in Singapore can be affordable.

Can Indian students work part-time in Singapore?

 Yes, students can work up to 16 hours per week during term time and full-time during holidays with a valid student pass.

What is the average rent in Singapore for students?

 Rent for student accommodation typically ranges from SGD 400 to SGD 2,000, depending on the type of accommodation and its location.

Do I need financial proof for a student visa?

 Yes, when applying for a student visa for Singapore from India, you need to show proof of sufficient funds to cover your tuition fees and living expenses.