Personal Finance
Median Singaporean Household Income: Where Do You Stand?
By Seedly  •  February 9, 2023
We wrote about what good pay is in Singapore, where a typical Singaporean worker’s average monthly salary stands at S$6,282 (including employer CPF). While it is good to know where you stand when it comes to your individual salary, a better number to look at will be your household income. family household under one roof The Resident Employed household income measures the combined incomes of all the people living under the same roof with at least one employed person. It includes every form of income such as salaries, employer’s CPF wage contributions, and investment returns.

TL;DR: Median Singaporean Household Income Has Risen to $10,099 in 2022

Household income is the sum of the gross income of all the members of a household. For households with at least one working person, the median household income for resident-employed households has risen from $9,520 in 2021 to $10,099 in 2022. After adjusting for inflation, the...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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