Cost of Living in Singapore for International Students: Budgeting Tips

Cost of Living in Singapore for International Students: Singapore is a global education hub, attracting thousands of students each year with its renowned universities, vibrant culture, and high quality of life. However, many students and their families wonder: Is Singapore expensive for international students? 

In the following sections, we provide a detailed breakdown of the cost of studying and living in Singapore, budgeting tips, and a close look at the average monthly expenses in Singapore for students.

Cost of Living in Singapore for International Students

Singapore is known to be one of the most expensive cities in the world, but it is also renowned for being among the safest, cleanest, and most efficient. For international students, affordability depends largely on financial planning, lifestyle choices, and resourcefulness.

Although Singapore student living costs may initially appear high. They have access to various discounts and cost-saving opportunities that significantly reduce the financial burden.

Monthly Living Expenses in Singapore for International Students

To help candidates plan their expenses, the table below is a detailed table showing average monthly expenses in Singapore for students, along with estimated costs.

Note: These expenses represent an average student's lifestyle and can fluctuate based on habits, preferences, and housing choices.

Cost of Studying and Living in Singapore

Apart from day-to-day living expenses, international students are also required to factor in tuition fees and academic-related costs.

Tuition Fees

• Public universities like NUS or NTU offer subsidised tuition starting from INR 6.1 lakh – INR 12.2 lakh, depending on the program candidates opt for.
  
  

• Private institutions and MBA programs can charge upwards of INR 21.35 lakh - INR 36.6 lakh.
  
  

Additional Academic Costs

• Application fee: INR 1,220 – INR 3,050
  
  

• Student pass fee: INR 3,660
  
  

• Medical insurance: INR 6,100 –  INR 30,500

Note: Always include these in your yearly financial planning to get an accurate picture of the cost of studying and living in Singapore.

Accommodation: A Major Cost Factor

Housing makes up the bulk of living expenses in Singapore for international students. The great news is that options vary from budget-friendly shared flats to more upscale private studios.

On-Campus Housing

These are typically more affordable and convenient:

• Prices range from INR 24,400 – INR 42,700.
  
  

• Facilities often include furnished rooms, utilities, internet, and basic amenities.
  
  

• They also provide easier social integration and proximity to classes.
  
  

Off-Campus Housing

Options include shared HDB flats, private apartments, and studio units:

• Shared flats: INR 36,600 – INR 73,200

• Studio apartments: INR 73,200 – INR 1 lakh

• Living closer to central Singapore increases rent significantly.
  
  

Budgeting Tip:

Renting with roommates can drastically reduce costs. Also, consider staying in suburban areas like Jurong, Punggol, or Woodlands to cut expenses, as public transport can easily connect you to universities.

Food and Dining

Singapore offers a variety of dining options to suit every budget.

Hawker Centres & Cafeterias

These government-regulated food courts are popular among students:

• A full meal costs INR 180 – INR 305
  
  

• Candidates can enjoy local cuisine, snacks, and beverages affordably.
  
  

Cooking at Home

Grocery costs are manageable and healthier long-term:

• Monthly groceries: INR 9,150 – INR 15,250
  
  

• Available stores: NTUC FairPrice, Sheng Siong, Cold Storage
  
  

Budgeting Tip:

Plan meals weekly, buy in bulk, and split grocery costs with roommates to keep food spending under control. Avoid frequent eating out, which can double or triple your monthly food expenses.

Scholarships and Part-Time Jobs

Many international students offset costs with scholarships or part-time work. Below are Scholarships for ingernational students in Singapore:

Scholarships:

• NUS, NTU, and SMU offer scholarships covering tuition and living stipends.
  
  

• External scholarships: SIA Youth Scholarship, ASEAN Undergraduate Scholarship, etc.
  
  

Part-Time Jobs:

• Allowed to work up to 16 hours/week during semesters
  
  

• Common roles: Café staff, library assistant, research intern, tutor
  
  

• Average pay: INR 427 –  INR 915

Budgeting Tips for International Students

A few smart strategies can make a big difference in managing Singapore student living costs:

• Track all expenses with budgeting apps
  
  

• Cook meals and avoid ordering food frequently
  
  

• Use student discounts for everything from tech to transport
  
  

• Join free university events and clubs for socializing and networking
  
  

• Plan ahead and have an emergency savings fund for unexpected situations