Expats living in Singapore enjoy a lot of benefits, such as access to one of the best education systems in the world, high-quality healthcare and a low crime rate. But most people who have chosen to live here will agree on one thing – it’s not cheap! Indeed, according to a list in GQ, it’s the ninth most expensive country in the world.
For anyone who is considering relocating, or for people who are simply intrigued, comparing Singapore with another city may be interesting. This article will see how the cost of living in Sharjah in the United Arab Emirates stacks up against Singapore, as an example.
Renting Property
The most important thing to consider when doing a cost-of-living comparison is accommodation. No matter where you choose to reside, you’re going to have to pay rent on a house or apartment each month. According to Business Insider, the average rent for expats in Singapore is US$4,200, placing it as the eight-most expensive place in which to rent in Asia.
In Sharjah, the third-largest city in the UAE, the average rent is $1,000 per month, making it significantly cheaper than Singapore. There are some gorgeous luxury homes available to rent there as well, meaning that expats can get a lot of bang for their buck. Among the most stunning properties for rent include villas in Sharjah with opulent architecture and plenty of space.
Wine and Dine
Eating out is another important aspect when considering the cost of living. This is area in which Sharjah again has the upper hand over Singapore. No matter what kind of dining experience you usually favour, the price is considerably lower in the UAE. Indeed, a meal in an inexpensive restaurant is 156 percent cheaper on average in Sharjah, while a meal for two at a mid-range restaurant is 114 percent more expensive in Singapore.
However, there are certain aspects of the meal that are better value for money in the Southeast Asian country. For instance, the cost of an imported beer in Sharjah is nearly double the cost of one in Singapore. Then again, expats who’ve lived in Singapore for a while may be happy to pay the extra price for food; the country is home to some incredible cuisine and dining experiences, after all!
Transport
One of the great things about Singapore is the ease of getting around and the low cost of transportation. This is an area in which it is cheaper in most regards than Sharjah; it could also be argued that Singapore has a higher standard of public transportation. A one-way ticket for public transport is around 40 percent cheaper than in Sharjah. Taxis are also more reasonably priced in the Lion City, too, with about a 20 percent difference. However, it is approximately four times cheaper to rent a car in Sharjah.
It’s seems clear, then, that in many areas Sharjah offers more cost-saving potential than Singapore. For people thinking of relocating, the UAE city has a lot in common with Singapore. It’s all about comparing the pros and cons, and then deciding where your future home could be!
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