Key Facts: Singapore Wages
- Country
- Singapore (SGP)
- Continent
- Asia
- Currency
- Singapore Dollar (SGD)
- Minimum Wage
- No statutory minimum wage
- Average Gross Monthly Salary
- S$5,800 /month
- Average Gross Annual Salary
- S$69,600 /year
- Median Individual Income
- S$66,000 /year
- Standard Work Week
- 44 hours
- Data Source
- Ministry of Manpower (MOM)
- Last Updated
- 2026-06-01
Singapore — Average Salary & Wages
Singapore Dollar (SGD) Data verified Jun 2026 Sources
The average salary in Singapore is
S$69,600 a year
But half of all workers earn less than S$66,000 .
The average is lifted by bonuses and high earners. Most workers earn less than that.
Singapore does not have a statutory minimum wage. The average gross monthly salary is S$5,800 ($4,472.55 USD). The median monthly income is S$5,500 ($4,241.21 USD).
Earning or getting paid in Singapore?
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Manage money across currencies with Wise →Median gross monthly income from work for full-time employed residents was SGD 5,500 in 2024 (including employer CPF).
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).
• SECTOR RATES
PWM – Cleaning (entry level)
S$1,910 /mo
Since 2025-07-01
Mandatory minimum for entry-level cleaners under the Progressive Wage Model. Stepped up from SGD 1,570 (Jul 2023) to SGD 1,740 (Jul 2024) to SGD 1,910 effective 1 July 2025.
PWM – Security (entry level)
S$1,680 /mo
Since 2024-09-01
Mandatory minimum for entry-level security officers.
Local Qualifying Salary (LQS)
S$1,600 /mo
Since 2024-07-01
Not a true minimum wage, but employers must pay local workers at least SGD 1,600/mo (rising to SGD 1,800 on 1 July 2026) for them to count toward foreign worker quota calculations.
Minimum Wage Trend
Compare Singapore with other countriesWork Week
- Standard
- 44 hrs/wk
- Maximum
- 44 hrs/wk
- Overtime
- 1.5x pay
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.
How Singapore Compares
| Metric | Singapore | Asia Avg. | Asia Highest |
|---|---|---|---|
| Avg. salary (USD equiv.) | $4,472.55/mo | $1,185.31/mo | $4,472.55/mo (Singapore) |
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Bhutan Cost of Living
Wages tell half the story. See purchasing power, prices, and quality-of-life context for Singapore on our sister site.
Cost of living in Singapore on costofliving.is →Frequently Asked Questions
What is the minimum wage in Singapore?
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.
What is the average salary in Singapore?
The average gross monthly salary in Singapore is S$5,800 (approximately $4,472.55 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).
How many hours is the standard work week in Singapore?
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.
What is the average salary in Singapore in USD?
The average gross monthly salary in Singapore is approximately $4,472.55 per month in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.
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