Average Monthly Salary in SG
This chart, sourced from CEOWORLD, ranks the average after-tax monthly salary for various countries and regions. The data is presented in US dollars, with the equivalent in Hong Kong dollars also shown.
The top 10 are predominantly European and North American countries, with Switzerland ranking first, followed by Luxembourg and the United States. Singapore is ranked 10th globally and first in Asia, with an average after-tax monthly salary of US4,457 (approximately HK34,765).
The chart shows that in 2025, Singapore's average after-tax monthly salary is US$4,457.
This figure represents a global average and may not reflect the actual salary you could earn in Singapore, as income varies significantly based on factors such as:
Industry: Certain industries like finance, technology, and pharmaceuticals typically offer higher salaries than others.
Job role and seniority: A senior manager or director will earn substantially more than an entry-level employee.
Experience and qualifications: Higher levels of education and specialized skills often command a higher salary.
Company size: Large multinational corporations often offer higher compensation packages compared to smaller local businesses.
Nationality: While Singapore has fair wage practices, salaries for foreign employees can sometimes differ based on their visa and work permit status.
If you are earning less than US4,457 (approximately S6,000 or HK$34,765) in Singapore, it could be for a number of reasons:
You may be in an entry-level or junior position: The average is often skewed upwards by higher-earning professionals.
You could be in an industry with a lower average salary: For example, jobs in retail, hospitality, or certain administrative roles may have lower compensation.
The average is a broad measure: Your specific salary is a reflection of your individual skills, industry, and role, not just the country's average.
Living costs in Singapore: While the average salary is high, the cost of living, particularly housing, can also be very high, which may affect your perception of your salary's value.
It's important to use this data as a general benchmark rather than a strict measure of your own worth.
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