Singapore has become a hub for MBA aspirants. The developed Southeast Asian country has Asia’s best university, the National University of Singapore. Even though it is a small island country, it has a lot to offer in terms of education, a better lifestyle, and salary of course. There is a big Indian community in Singapore, so you’ll never feel homesick. Note that the list below includes only living expenses and not tuition fees.
Here’s a Breakdown of The Monthly Expenses of Living As a Student in Singapore:
1. Rent
Students choose to rent an apartment and share it. If you are living in a 1BHK with two more people, it will cost you around $250 – $300. If you stay on the university campus, it’ll cost you a little more, but it also includes food costs for three meals daily on the campus.
2. Utilities
Water, electricity, and gas is comparatively cheaper in Singapore. Again, it depends on how you use it. It will cost you around $40 – $100.
3. Food
Food costs are cheap in Singapore because street food is abundant. You can spend as low as $200 for a month if you cook at your apartment and eat out only a couple of times during the month. In case you eat at the food court, three meals a day, it will cost you around $350 – $400 a month.
4. Internet and Mobile Bills
Both combined will cost you around $50. It is a basic necessity, and you must have it.
5. Study Material
On average, you will need $100 a month. Singapore universities have huge libraries with a lot of books for every course, and you wouldn’t need to buy any. Only stationary on the other hand will cost you around $20 – $40 a month.