Cost of living for Masters in Singapore

In modern times, education is considered an investment. As you prepare for your master's journey toward Singapore, it’s important to consider the financial challenges that you can expect during your stay in Singapore. Pursuing a master's in Singapore requires students to manage their workload with limited resources. As a result, we at GoSingapore have provided a comprehensive overview of the cost of living in Singapore to study Masters that every student should look forward to.

One of the major challenges with respect to managing their lives in Singapore is addressing the accommodation charges. Due to the lack of space in Singapore, private rental costs are usually on the higher end. Students are recommended to find the accommodations that the universities provide. The on-campus accommodation cost for Masters in Singapore is generally around SGD 150–500 (approximately 9200 – 30000 INR per month). Students could also look into dormitories or shared spaces to minimize accommodation costs. To know more about the lowest accommodation prices at different universities, reach out to our expert GoSingapore consultants.

To determine the living cost for Indian students in Singapore per month to study masters, students should look into their general lifestyle expenses such as transport, medicine, groceries, and many more. Students should be calculative enough to manage their finances in handling these aspects. Students can make use of public transport, such as the MRT and shuttle trains, for commuting to different places. They can maintain their monthly transport costs within SGD 80 to 100 by doing so. To help you save on transportation costs, we at GoSingapore will help you find accommodation close to your desired universities.

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The estimated cost of living in Singapore while studying MSc also varies depending on the person's eating habits. Restaurants in Singapore are generally costly, so it isn’t recommended in the long run. Students can reduce these expenses by buying groceries or eating at hawker centers. Also, it’s recommended that students cover their medical expenses by taking out health insurance, which costs approximately SGD 1000 a year. Students should also look into other miscellaneous expenses such as study materials, internet connections, entertainment, regular utilities, and many more. Students should ensure these charges don’t cost more than SGD 1500.

As Singapore is one of the most expensive cities in the world, The living expenses in Singapore for international students are generally high. Therefore, it is important to analyze the place. On a broad scale, Singapore can be divided into five different regions, such as central, north, east, west, and south, and the cost of living varies in each of these regions. To know more about the region in which your preferred university is located and to manage the cost depending on your place of accommodation, we at GoSingapore have expert consultants to help you.

Overall, the cost of living for a single person studying for a master's in Singapore who is single, considering factors such as accommodations and lifestyle expenses, is around SGD 1000–1500 per month. We, GoSingapore, are experts in providing personalized consultation to students on managing their cost of living, depending on the university where they want to do their master's programs. Call our experts today.

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