The median household monthly income hit $12,446 in 2025.
That’s the first time ever the median monthly household income has crossed $12,000.
But whether that’s “good” depends entirely on your life stage, household structure, and where you sit on the income distribution.
And what does that even mean practically?
In this article, I wanted to break down the full income data for Singapore — by individual, household, age, industry, and occupation — so you can benchmark where you stand and what “good” actually means in practical terms.
Data generally sourced from the Ministry of Manpower (MOM) Labour Force Survey 2024, SingStat Key Household Income Trends 2024 and 2025, and IRAS tax schedules. Figures include employer CPF contributions unless otherwise stated.
The Headline Numbers: Individual Income (2024)
Let’s start with the basics.
Individual (full-time employed residents):
| Metric |
Monthly |
Annual |
| Median gross income (incl. employer CPF) |
S$5,500 |
S$66,000 |
| Mean gross income (incl. employer CPF) |
~S$6,138 |
~S$73,656 |
| Median gross income (excl. employer CPF) |
S$4,860 |
S$58,320 |
...
