Saving & Spending
How much does a household spend a month?
By Lizardo Realm (Investment)  •  August 24, 2015
Cost of Living The Department of Statistics publishes various sets of data that are available to the public to download from its data collection efforts. One of the interesting data set I came across is on Household Expenditure: Source:  http://www.tablebuilder.singstat.gov.sg/publicfacing/createSpecialTable.action?refId=3988&exportType=csv Average Monthly Household Expenditure HDB 1 & 2-room: $1,287 HDB 3-room: $2,478 HDB 4-room: $3,918 HDB 5-room: $5,283 Exec Flat & Condo: $8,000 Landed Property: $10,409 My own bottom-up estimates suggest that for my family of four residing in a condo, I would need $7,800 minimally to more or less maintain the current lifestyle. If I were at age 55 now, I would need $7,109. And at age 65, $5,977. - I do not smoke, drink nor gamble. The occasional Toto don't count. - I own a car and assumed that I would continue to maintain one till age 64. - I assumed all housing ......
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By Lizardo Realm (Investment)
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