Singapore. — Average Salary & Wages

Singapore does not have a statutory minimum wage. Singapore has no universal statutory minimum wage. Instead, it uses the Progressive Wage Model (PWM), which mandates sector-specific minimum wages that increase with skills and productivity. PWM is mandatory (since September 2022) for cleaning, security, and landscape sectors, and was extended to retail, food services, and waste management sectors in 2023-2024. Additionally, the Local Qualifying Salary (LQS) of SGD 1,600/mo (rising to SGD 1,800 on 1 July 2026) applies to all sectors for local workers to qualify employers for foreign worker quotas. PWM wages vary by sector and skill level; the cleaning sector entry-level rate is SGD 1,910/mo as of 1 July 2025.

The average gross monthly salary in Singapore is S$5,800 (approximately $4,513.97 USD). Median gross monthly income from work (including employer CPF) for full-time employed residents was SGD 5,197 in 2024. Average is higher at ~SGD 5,800 due to high-earner skew. Net estimated after CPF employee contribution (20% for those under 55) but CPF is more savings than tax. Income tax rates are low (0-22% progressive, effective rate ~5-15% for most). Source: Ministry of Manpower – Labour Force Survey / MOM Occupational Wages (2025).

The standard work week in Singapore is 44 hours, with a legal maximum of 44 hours. Overtime is paid at 1.5x the normal rate. Employment Act caps at 44 hours/week (8 hrs/day for 5-day week, or 9 hrs/day for fewer days). Overtime pay at 1.5x hourly basic rate, applies to non-workmen earning up to SGD 2,600/mo and workmen earning up to SGD 4,500/mo. Maximum overtime: 72 hours/month.

The average gross monthly salary in Singapore is approximately $4,513.97 per month in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.