One of the top preferences for Indian students has been Singapore due to its highly rated universities, promising job opportunities, safety, and a high standard of living. From renowned universities such as the National University of Singapore and Nanyang Technological University to modern educational institutions focusing on career-oriented learning, students who select Singapore for their studies receive numerous opportunities.
But prior to making any plans for their overseas studies, there are certain things that students should know about the cost of living in Singapore. Although Singapore provides students with high-standard amenities and convenient transport facilities, it is also one of the costliest places to pursue higher studies among other Asian countries.
This article will help you learn about the actual cost of living in Singapore for Indian students in 2026.
Quick Highlights
One can expect to experience a good quality of life with efficient transport facilities, safety, health care, and modern facilities for the students. While Singapore may appear to be costly at first glance, it is not difficult for students to control their expenses. The greatest expense for Indian students would be the cost of accommodation, which is usually higher than all other expenses put together.
| Expense Category | Average Monthly Cost |
| Accommodation | SGD 500–1,500 |
| Food & Groceries | SGD 250–500 |
| Transportation | SGD 80–150 |
| Utilities & Internet | SGD 50–120 |
| Miscellaneous Expenses | SGD 150–400 |
| Average Total Monthly Cost | SGD 1,100–2,500 |
Why Indian Students Prefer to Study in Singapore
There has been a rapid increase in the number of Indian students studying in Singapore because of its excellent education system and employment prospects.
Students also benefit from:
- globally recognised universities,
- shorter course durations,
- safer cities,
- and strong career exposure in Asia.
Major Benefits of Studying in Singapore
- Globally ranked universities
- Strong job opportunities
- Safe and clean environment
- Industry-focused education
- Excellent public transportation
- Multicultural student community
- Proximity to India
The other reason why many Indian students opt for Singapore is that it provides them with an international education that is more convenient than those offered in the US, UK and Canada.
Accommodation Costs in Singapore for Indian Students
One of the major costs of living for students planning to study abroad in Singapore is the cost of accommodation. This largely depends on the kind of room, university, facilities, and whether the accommodation provided is through the university or personal. If students choose their accommodation in close proximity to central Singapore or the renowned universities, the cost increases.
Average Student Accommodation Costs
| Accommodation Type | Monthly Rent |
| University Hostel | SGD 500–900 |
| Shared Apartment | SGD 700–1,200 |
| Private Studio Apartment | SGD 1,500+ |
| Homestay | SGD 800–1,400 |
What Impacts Accommodation Costs?
- Distance from the university
- Room sharing options
- Included utilities
- Air-conditioning usage
- Nearby MRT connectivity
- Private vs university housing
Students looking to reduce costs often choose shared apartments or university hostels.
Food Costs in Singapore
Food expenditure in Singapore is highly dependent on personal lifestyles and dietary choices. Students who prefer to eat in restaurants and cafes will spend a lot more than those cooking their own food at home. The hawker centres of Singapore are immensely popular amongst students because of the low costs involved.
Average Food Expenses
- Hawker centre meals: SGD 4–8
- Restaurant meals: SGD 12–30
- Monthly groceries: SGD 150–300
- Coffee/snacks: SGD 50–100 monthly
Ways Students Save Money on Food
- Cooking at home
- Eating at hawker centres
- Buying groceries in bulk
- Using student meal plans
- Avoiding frequent use of food delivery apps
Indian students can also easily find Indian restaurants and grocery stores across Singapore.
Transportation Costs for Students in Singapore
Singapore has been famous for its world-class transportation system. Mostly, the students prefer MRT trains and bus services as they are very reliable, economical, and easily accessible. The university campus is also accessible from major MRT train stations in Singapore.
Average Transport Costs
| Transport Type | Estimated Monthly Cost |
| MRT & Bus Pass | SGD 80–120 |
| Occasional Taxi/Ride Apps | SGD 30–100 |
| Bicycle Rentals | SGD 10–30 |
Those who use public transportation can handle their daily commuting costs in a relatively more efficient manner than in cities in countries like the UK and the USA.
Utility and Internet Costs
Utilities are an essential component of the monthly expenses while preparing to study in Singapore. Usually, the amount of expenditure varies based on the accommodation type, use of air conditioning, and internet packages. Usually, those residing in shared apartments divide this expenditure among themselves.
Average Utility Costs
- Electricity & water: SGD 40–80
- Internet/Wi-Fi: SGD 20–50
- Mobile recharge plans: SGD 15–40
The use of air conditioning systems may result in higher electricity bills in Singapore.
Healthcare and Insurance Costs
Healthcare facilities in Singapore are among the best; however, they could be quite costly without insurance. It is important to remember that most of the universities require health insurance from their international students.
Estimated Healthcare Costs
- Student health insurance: SGD 100–300 yearly
- General doctor consultation: SGD 30–60
- Medicines & pharmacy: Variable
Many universities already include basic health insurance within tuition or student service fees.
Miscellaneous Expenses Students Often Ignore
Many students calculate only tuition fees and rent while planning their study abroad budget. However, several small monthly expenses can add up quickly in Singapore.
Common Miscellaneous Expenses
- Entertainment & movies
- Gym memberships
- Shopping & personal care
- Study materials
- Weekend travel
- Mobile subscriptions
- Streaming platforms
Students usually spend around SGD 150–400 monthly on lifestyle and personal expenses, depending on habits.
Average Monthly Budget for Indian Students
The final monthly budget depends on lifestyle choices, accommodation type, and spending habits. Students living modestly and sharing accommodation can reduce costs significantly.
Estimated Total Monthly Budget
| Lifestyle Type | Estimated Monthly Cost |
| Budget Student Lifestyle | SGD 1,100–1,500 |
| Moderate Lifestyle | SGD 1,600–2,100 |
| Premium Lifestyle | SGD 2,500+ |
Compared to countries like the USA or UK, Singapore may offer better value for students looking for shorter programs and strong Asian job market exposure.
Tips to Reduce Living Costs in Singapore
Managing expenses smartly can make studying in Singapore much more affordable for Indian students.
Money-Saving Tips
- Choose shared accommodation
- Use student MRT concessions
- Cook meals regularly
- Apply for scholarships
- Buy second-hand books
- Avoid premium city-centre rentals
- Track monthly expenses carefully
Students who plan budgets early usually face fewer financial problems later.
Is Singapore Expensive for Indian Students?
Singapore may seem pricey at first glance because of the housing costs involved. However, for many students, the benefits provided by education, safety, employment prospects, and international experience far outweigh the cost. Sometimes, Singapore is even cheaper than other major cities such as London, Sydney, or New York for Asian students.
Students should focus on:
- ROI,
- university reputation,
- career opportunities,
- and scholarship availability instead of only comparing monthly expenses.
Why Singapore Remains a Top Study Abroad Destination in 2026
Singapore continues attracting international students because of:
- strong global university rankings,
- excellent employability,
- modern infrastructure,
- and growing demand for skilled professionals.
The country is especially popular among students interested in:
- business,
- finance,
- AI,
- data science,
- engineering,
- and technology programs.
Taking into account the above points and other aspects, Singapore still remains one of the most sensible places where Indian students can study in 2026.
Book your free counselling session today and start your study in Singapore journey smarter in 2026.
Conclusion
It is critical to comprehend the cost of living in Singapore prior to embarking on the process of studying in Singapore. Although the biggest expenditure will always be that of accommodation, there are various ways of saving money while at school, such as proper budgeting.
Singapore provides Indian students with a number of perks in 2026, including great educational institutions and efficient transportation. Students planning their finances and applying for grants early enough can reap the benefits of both education and careers while in Singapore.
FAQs
1. What is the average cost of living in Singapore for Indian students?
Indian students usually spend around SGD 1,100–2,500 monthly, depending on lifestyle and accommodation choices.
2. Is Singapore expensive for Indian students?
Singapore is considered moderately expensive, especially for accommodation, but students can manage costs through budgeting and shared housing.
3. How much is student accommodation in Singapore?
Accommodation usually costs between SGD 500 and SGD 1,500 monthly, depending on room type and location.
4. Can Indian students work while studying in Singapore?
Yes, indian students can work part-time under approved conditions and university guidelines.
5. Is food expensive in Singapore?
Food can be affordable if students eat at hawker centres or cook at home regularly.
6. Which is the cheapest accommodation option for students?
University hostels and shared apartments are usually the most affordable options.
7. How much money is required monthly to study in Singapore?
Students generally need around SGD 1,100–2,500 monthly, including rent, food, transport, and utilities.
8. Are scholarships available for Indian students in Singapore?
Yes, many universities and government programs offer scholarships for international students.
9. Is public transport affordable in Singapore?
Yes, MRT trains and buses are considered affordable, efficient, and student-friendly.
10. Why do Indian students prefer Singapore?
Indian students prefer Singapore because of its globally ranked universities, safety, career opportunities, and proximity to India.