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Average salaries in Singapore

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malcontent
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Re: Average salaries in Singapore

Post by malcontent » Tue, 30 Mar 2021 10:13 am

kumar0raja wrote:
Tue, 30 Mar 2021 5:02 am
I just got an offer of roughly S$ 180,000 /annum gross salary with local package. I am married with 4 kids. Do you think the offer is good enough for me ?
You will need $180,000 per year just to put 4 kids through International School.

$70,000 per year is enough to put 4 kids through local secondary school (excluding tutor expenses) assuming non-ASEAN passport holders... provided they can even secure seats in local schools.

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Re: Average salaries in Singapore

Post by bro75 » Tue, 30 Mar 2021 12:12 pm

kumar0raja wrote:
Tue, 30 Mar 2021 5:02 am
I just got an offer of roughly S$ 180,000 /annum gross salary with local package. I am married with 4 kids. Do you think the offer is good enough for me ?
Your biggest expense will be your children's education. For private schools, the fees range from 15K to 50K a year per child. Local schools are more affordable but it is difficult for foreigners to be admitted due to limited vacancies. Medical expenses are also expensive here so your family needs to be covered by insurance.

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Re: Average salaries in Singapore

Post by malcontent » Tue, 30 Mar 2021 12:51 pm

bro75 wrote:
Tue, 30 Mar 2021 12:12 pm
Local schools are more affordable but it is difficult for foreigners to be admitted due to limited vacancies.
Local schools are not so affordable anymore. The 2021 cost of secondary school fees for a non-ASEAN child is $1450x12=$17,400 per child, plus most parents will feel compelled to engage tutors so their kids can more effectively cope in the local system... that can easily add up to 5 figures annually. This is the reality on the ground.

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