Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

London

United Kingdom

COL index 87.6

vs
Singapore

Singapore

COL index 84.8

London vs Singapore — Cost of Living, Salary & Tax Compared (2026)

Updated today· Recently updated
Share this report
RedditLinkedIn

The verdict

Living in Singapore is 3.2% cheaper than London for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for salaryBetter for cost
LondonMetricSingaporeΔ
87.6Cost of living index84.8-3.2%
€50,000Median gross salary€50,0000.0%
€37,714Net at €50,000 gross€39,450+4.6%
€2,450Rent — 1BR centre€3,280+33.9%
€3,333Monthly COL (single)€4,256+27.7%
€43,053PPP — net / COL€46,521+8.1%
24.6%Effective tax @ €50,00021.1%-14.1%
§ 02

Monthly expenses — paired

London Singapore
Rent — 1BR centre
London
€2,450
Singapore
€3,280
Groceries
London
€360
Singapore
€480
Utilities
London
€240
Singapore
€262
Transport
London
€200
Singapore
€122
Internet
London
€33
Singapore
€52
Gym
London
€50
Singapore
€60
§ 03

Salary equivalence

50,000 gross in United Kingdom = €3,143 net monthly.

To have the same purchasing power in Singapore, you would need roughly €46,191 gross in Singapore (≈ €3,042 net monthly, adjusted for cost-of-living index).

€50,000
London
€37,714
Net annual · 24.6% effective
PPP-adjusted equivalent
€43,053
Singapore
€39,450
Net annual · 21.1% effective
PPP-adjusted equivalent
€46,521
Affiliate disclosure

Some links on this page are affiliate links. WorthOf may earn a commission if you sign up. This does not affect our data, our methodology, or our editorial independence.

§ 04

Pros & cons

London
  • +Significantly cheaper rent (€2,450)
  • High cost of living (index 88)
  • +Favourable tax rate (24.6%)
  • High rent-to-income ratio (78.0%)
Singapore
  • High cost of living (index 85)
  • +Favourable tax rate (21.1%)
  • High rent-to-income ratio (99.8%)
§ 05

The verdict

Across the data, Singapore delivers a higher take-home on a €50,000 gross salary; Singapore carries a lower cost-of-living index; Singapore has the lighter effective tax burden; Singapore wins on purchasing power after costs are netted out. If purchasing power is your north star, Singapore edges it.

§ 06

Frequently asked

Is London cheaper than Singapore?+

Singapore is cheaper. Cost-of-living index: London 87.6, Singapore 84.8 — a 3.2% difference (Q1 2026).

What is the cost of living difference between London and Singapore?+

London sits at 87.6 on our COL index, Singapore at 84.8. That works out to roughly 3.2% — Singapore being the cheaper of the two.

Is London a good place to live compared to Singapore?+

It depends on priorities. London delivers €37,714 net on a €50,000 gross salary at a 24.6% effective tax rate. Singapore delivers €39,450 at 21.1%. Centre 1-bed rent: €2,450 vs €3,280.

How do salaries compare in London vs Singapore?+

On a €50,000 gross salary, take-home is €37,714/year (€3,143/month) in London and €39,450/year (€3,288/month) in Singapore.

Which city has lower taxes, London or Singapore?+

Singapore has the lower effective rate at €50,000: United Kingdom 24.6%, Singapore 21.1%.

Related

More London comparisons

Related

More Singapore comparisons