As of January 2023, respondents classified as financially constrained could expect an average monthly income of around 3,442 Singaporean dollars. In contrast, those classified as financially free enjoyed an average income about three times higher.
Average monthly income among consumer groups in Singapore as of January 2023
(in 1,000 Singapore dollars)
Characteristic
Average income in thousand Singaporean dollars
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Singapore Life Limited. (September 4, 2023). Average monthly income among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1483670/singapore-average-monthly-income-among-consumer-groups/
Singapore Life Limited. "Average monthly income among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars)." Chart. September 4, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1483670/singapore-average-monthly-income-among-consumer-groups/
Singapore Life Limited. (2023). Average monthly income among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1483670/singapore-average-monthly-income-among-consumer-groups/
Singapore Life Limited. "Average Monthly Income among Consumer Groups in Singapore as of January 2023 (in 1,000 Singapore Dollars)." Statista, Statista Inc., 4 Sep 2023, https://www.statista.com/statistics/1483670/singapore-average-monthly-income-among-consumer-groups/
Singapore Life Limited, Average monthly income among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars) Statista, https://www.statista.com/statistics/1483670/singapore-average-monthly-income-among-consumer-groups/ (last visited August 24, 2024)
Average monthly income among consumer groups in Singapore as of January 2023 (in 1,000 Singapore dollars) [Graph], Singapore Life Limited, September 4, 2023. [Online]. Available: https://www.statista.com/statistics/1483670/singapore-average-monthly-income-among-consumer-groups/