Average Salary in Singapore for Indian Students, Experience, Per Month Salary
Average Salary in Singapore for Indian Students: Students can read the complete article to get information about Singapore average salary per month, top companies, how to get a job, and many more
Krati Saraswat20 Nov, 2024
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Average Salary in Singapore for Indian Students: Understanding the average salary in Singapore is crucial for Indian students seeking work opportunities during and after their studies. Due to its strong economy, global corporate presence, and high standard of living, Singapore is among the top study-abroad destinations for Indian students. According to the Singapore Ministry of Manpower (MOM), the median Gross monthly income of full-time employed residents will be SGD 5,197 in 2023. Meanwhile, education level, years of experience, industry, etc. factors may influence the overall Singapore average salary per month.
As per the latest QS Best Student Cities 2025, Singapore is among the top 15 best study-abroad destinations for international students. Singapore minimum salary is variable for different sectors. However, sectors such as technology, finance, healthcare, and digital marketing are in high demand. This article offers a deep insight into the average salary in Singapore for Indian students. Read the complete article to learn more about Singapore minimum wage per month, salary expectations, industry trends, and more.What is the Average Salary in Singapore for Indian Students?
The average salary in Singapore varies significantly depending on factors such as industry, level of education, and experience. According to Glassdoor 2024, the average salary in Singapore is around SGD 80,000 per year for full-time employees. Whereas, for entry-level positions, the salaries typically range between SGD 2,500 and SGD 4,000 monthly.Industry-Specific Singapore Salary Per Month
The average salary in Singapore is variable for different industries. Therefore, analysing the minimum and highest-paying jobs in Singapore for Indian students is compulsory. The average monthly salary for various industries can vary widely depending on company size, years of experience, and additional benefits. Here’s a detailed list of top industry-based monthly salaries for popular jobs in Singapore.| Industry-Specific Singapore Average Salary Per Month | |
|---|---|
| Industry | Salary in SGD |
| Aerospace and Defense | SGD 6,700 |
| Insurance and Financial Services | SGD 5,900 |
| Information Technology (IT) Services | SGD 5,800 |
| Engineering | SGD 5,000 |
| Health Care | SGD 4,400 |
Singapore Average Salary Based on Work Experience
The average work experience is one of the top determining factors for the average salary in Singapore for Indian students. Generally, professionals with higher experience in the work field are offered the highest salary packages as compared to entry-level candidates. Here’s an overview of average monthly salaries in Singapore based on years of work experience, across various industries.| Average Salary in Singapore: Based on Work Experience | |
|---|---|
| Years of Experience | Average Salary |
| 15+ Years | SGD 120K per year |
| 1-3 Years | SGD 5K per month |
| 15+ Years | SGD 152K per year |
| 1-3 Years | SGD 40K per year |
| 1-3 Years | SGD 2K per month |
| 15+ Years | SGD 100K per year |
| 4-6 Years | SGD 6K per month |
| 10-14 Years | SGD 100K per year |
| 4-6 Years | SGD 80K per year |
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Highest-paying Companies in Singapore
Singapore nourishes some of the top-tier leading organisations of the world. Therefore, working in top world companies can offer a high salary package and earning potential for Indian students. A few popular global companies in Singapore include EY, PWC, KPMG, Citi, United Overseas Bank, Accenture, and many more. Apart from the high salary structures, these organisations also offer performance-based bonuses, stock equity, comprehensive health insurance, work-life balance, and more advantages. Here’s an overview of the average Singapore salary structure at top companies for Indian students:| Highest Paying Companies in Singapore Per Month | |
|---|---|
| Company | Salary Per Month |
| Accenture | SGD 14,784 |
| PwC | SGD 9,856 |
| EY | SGD 7,280 |
| Deloitte | SGD 8,848 |
| KPMG | SGD 13,552 |
Singapore Minimum Salary
Singapore does not have a legislated minimum wage for most industries. However, Singapore minimum wage per month for certain industries such as cleaning and security has been set by the government under the Progressive Wage Model (PWM). Here’s a detailed insight into the Singapore labour salary per month in Indian rupees.| Singapore PWM Monthly Wages | |
|---|---|
| Job Role | Monthly Wage |
| Entry-Level Cleaner | INR 87,000 |
| Supervisor | INR 132,000 |
| Security Officer | INR 99,000 |
| Senior Officer | INR 144,000 |
| Landscape Worker | INR 90,000 |
| Senior Landscaper | INR 126,000 |
Cost of Living in Singapore
As per the latest reports from Numbeo, the average cost of living in Singapore is around SGD 1500 per month without rent. The average living expenses are around 262.6% more expensive than in Delhi. Therefore, getting a detailed insight into the monthly expenses is necessary for Indian students.| Living Expenses in Singapore | |
| Variables | Cost |
| Rent | SGD 2800 |
| Food | SGD 300 |
| Public Transport | SGD 120 |
| Utilities | SGD 104 |
| Groceries | SGD 24 |
| Books and Stationaries | SGD 200 |
How can Indian students get jobs in Singapore?
Singapore is a popular destination for Indian students as the country offers a wide range of job opportunities for international students. However, finding a job in Singapore for international students can be exhausting. Singapore has multiple job portals such as JobsDB Singapore, JobStreet, MyCareersFuture, Glassdoor, etc that offer multiple internships, and part-time, and full-time job opportunities for Indian students. A few popular companies that frequently hire international graduates are as follows:- DBS Bank
- Microsoft
- Grab
- HSBC
- PwC
- Singapore Airlines
- Razer
Average Salary in Singapore for Indian Students </span><span style=
Q. How much money can a student earn in Singapore?
Ans. On average, a student can earn around SGD 8 to 12 per hour by working as a part-time employees at multiple sectors such as teaching, restaurants, IT, libraries, and more. However, as per the PWM guidelines, students are allowed to work up to 16 hours per week during term time and full-time during vacation periods.
Q. What is a good salary in Singapore for Indians?
Ans. A good salary in Singapore for Indians depends on the industry and experience level. On average, the average Singapore monthly salary ranges between SGD 2,500 and SGD 4,000 monthly for entry-level positions and around SGD 80,000 per year for full-time employees.
Q. What is the salary of a fresher in Singapore?
Ans. The average salary of a fresher in Singapore ranges between SGD 2,500 and SGD 4,000 per month. However, the level of education and industry may influence the overall salary structure of the employees.
Q. Is Singapore expensive for Indian students?
Ans. Yes, Singapore is considerably expensive for Indian students compared to India. The average cost of living in Singapore for Indian students is around 262.6% more expensive than Delhi. Therefore, students must complete a detailed analysis of the average expenses in the city before applying for any degree of job opportunities.
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