Is it a good decision to move Singapore with monthly salary 12000 SGD for a family of 4 including 2 kids? | Technical, Finance, Investment Questions

Is it a good decision to move Singapore with monthly salary 12000 SGD for a family of 4 including 2 kids?

Priya Singh

7 months ago

Introduction:


We are family of 4 including my husband and 2 kids. My husband is getting offer of 12000 SGD in Meta Facebook.

We are currently living in Bengaluru and my husband is getting 200k INR (4000 SGD) monthly. 


Monthly expense in India:


  1. We have 3 bedroom condo own house in Bengaluru and also Honda City car with driver.
  2. We are living a nice luxury life. Our kids are going in school with 3rd and 5th standard in international school. Their monthly fee comes around 8k INR.
  3. We have a cook and maid and their expenses is 9k monthly.
  4. We are going for shopping every week which cost around 25-30k monthly.
  5. Our kids are having guitar and music class which cost 5k monthly.
  6. We have 2 Labrador dog with us and their food cost 5k monthly.


Moving to Singapore:


Now if we move to Singapore with monthly salary 12000 SGD, we have to pay rent for house in Singapore.

I enquire online and saw 3 bedroom house cost around 4000 SGD.

We are left with only 8000$ monthly after rent.


How much it will cost for children international school?

How much it will cost for having car and driver?

Is it really a worth coming to Singapore?


Why Singapore company paying this much less salary if their expenses are so high?

I think we must get paid at least 15-16k monthly in Singapore as 12k is very less.

Priya Singh

Business Analyst at HCL Singapore

7 months ago

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