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Is SGD 90K (7.5K monthly) good for single European expat?

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Eboard10
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Is SGD 90K (7.5K monthly) good for single European expat?

Post by Eboard10 » Thu, 09 Mar 2017 7:53 pm

Hello there, I got an offer for a supply chain role with a MNC in Singapore and am assessing whether the offer is attractive enough for me to make the move. The offer is for SGD 90K and I'm estimating income tax of 4.5K for the year meaning that I will be left with 7125 net per month.

I am ideally looking for a 1 bed or master bed in a shared flat somewhere near outram park and found that rents come at circa 2,500-3,000 so I will be left with 4000 per month on other expenses.

As a single 28 year old European with 6yrs experience, how good a salary is it? Would it allow me to live a comfortable life (e.g. going out, playing sports and traveling once a month regionally) and would I be able to save something?

Thanks for your help!

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ecureilx
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Re: RE: Is SGD 90K (7.5K monthly) good for single European expat?

Post by ecureilx » Fri, 10 Mar 2017 12:33 am

Eboard10 wrote:Hello there, I got an offer for a supply chain role with a MNC in Singapore and am assessing whether the offer is attractive enough for me to make the move. The offer is for SGD 90K and I'm estimating income tax of 4.5K for the year meaning that I will be left with 7125 net per month.

I am ideally looking for a 1 bed or master bed in a shared flat somewhere near outram park and found that rents come at circa 2,500-3,000 so I will be left with 4000 per month on other expenses.

As a single 28 year old European with 6yrs experience, how good a salary is it? Would it allow me to live a comfortable life (e.g. going out, playing sports and traveling once a month regionally) and would I be able to save something?

Thanks for your help!
Not enough ;) pun intended.

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martincymru
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Re: Is SGD 90K (7.5K monthly) good for single European expat?

Post by martincymru » Fri, 10 Mar 2017 11:25 am

Most of us on local terms these days.

I say come. Don't let mid range salary bla bla put you off. Most workers in Sg earn less than 5k month.

If you are resourceful then you will find a way to survive.

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PNGMK
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Re: Is SGD 90K (7.5K monthly) good for single European expat?

Post by PNGMK » Fri, 10 Mar 2017 1:37 pm

martincymru wrote:Most of us on local terms these days.

I say come. Don't let mid range salary bla bla put you off. Most workers in Sg earn less than 5k month.

If you are resourceful then you will find a way to survive.
I'd agree with the caveat that you cannot really afford a car on that salary.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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ecureilx
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Re: RE: Re: Is SGD 90K (7.5K monthly) good for single European expat?

Post by ecureilx » Fri, 10 Mar 2017 2:53 pm

PNGMK wrote: I'd agree with the caveat that you cannot really afford a car on that salary.
And stay away from mid priced bars, definitely stay away from 4 floors ...

brian_singapore
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Re: Is SGD 90K (7.5K monthly) good for single European expat?

Post by brian_singapore » Wed, 15 Mar 2017 2:26 pm

OP should also be able to cut his rent by a reasonable amount if he were to move a couple of stops out.

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rajagainstthemachine
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Re: Is SGD 90K (7.5K monthly) good for single European expat?

Post by rajagainstthemachine » Wed, 15 Mar 2017 6:42 pm

I don't see why not.. you can get a decent 1+1 condo for 2300 with the sinking rents and all..should still leave you with a decent amount of money to do various things... take the ferry to Batam/Bintang over the weekends and have a beer,massage in IDR instead of SGD..and buy your groceries on the way back too
To get there early is on time and showing up on time is late

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