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

Singapore

Singapore

COL index 84.8

vs
Tokyo

Japan

COL index 72.4

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

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The verdict

Living in Tokyo is 14.6% cheaper than Singapore 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
SingaporeMetricTokyoΔ
84.8Cost of living index72.4-14.6%
€50,000Median gross salary€50,0000.0%
€39,450Net at €50,000 gross€43,154+9.4%
€3,280Rent — 1BR centre€1,780-45.7%
€4,256Monthly COL (single)€2,595-39.0%
€46,521PPP — net / COL€59,605+28.1%
21.1%Effective tax @ €50,00013.7%-35.1%
§ 02

Monthly expenses — paired

Singapore Tokyo
Rent — 1BR centre
Singapore
€3,280
Tokyo
€1,780
Groceries
Singapore
€480
Tokyo
€415
Utilities
Singapore
€262
Tokyo
€215
Transport
Singapore
€122
Tokyo
€95
Internet
Singapore
€52
Tokyo
€42
Gym
Singapore
€60
Tokyo
€48
§ 03

Salary equivalence

50,000 gross in Singapore = €3,288 net monthly.

To have the same purchasing power in Tokyo, you would need roughly €39,024 gross in Japan (≈ €2,807 net monthly, adjusted for cost-of-living index).

€50,000
Singapore
€39,450
Net annual · 21.1% effective
PPP-adjusted equivalent
€46,521
Tokyo
€43,154
Net annual · 13.7% effective
PPP-adjusted equivalent
€59,605
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§ 04

Pros & cons

Singapore
  • High cost of living (index 85)
  • +Favourable tax rate (21.1%)
  • High rent-to-income ratio (99.8%)
Tokyo
  • +Significantly cheaper rent (€1,780)
  • +Favourable tax rate (13.7%)
  • High rent-to-income ratio (49.5%)
§ 05

The verdict

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

§ 06

Frequently asked

Is Singapore cheaper than Tokyo?+

Tokyo is cheaper. Cost-of-living index: Singapore 84.8, Tokyo 72.4 — a 14.6% difference (Q1 2026).

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

Singapore sits at 84.8 on our COL index, Tokyo at 72.4. That works out to roughly 14.6% — Tokyo being the cheaper of the two.

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

It depends on priorities. Singapore delivers €39,450 net on a €50,000 gross salary at a 21.1% effective tax rate. Tokyo delivers €43,154 at 13.7%. Centre 1-bed rent: €3,280 vs €1,780.

How do salaries compare in Singapore vs Tokyo?+

On a €50,000 gross salary, take-home is €39,450/year (€3,288/month) in Singapore and €43,154/year (€3,596/month) in Tokyo.

Which city has lower taxes, Singapore or Tokyo?+

Japan has the lower effective rate at €50,000: Singapore 21.1%, Japan 13.7%.

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