SINGAPORE: A recent post on social media has sparked vibrant discussions among both locals and expatriates, focusing on whether moving to Singapore for a salary of S$11,000 per month is a sound decision.

The query was posed by a Canadian software developer currently earning a net monthly income of C$5,000 in Vancouver.

This individual shared with the Reddit community on r/askSingapore that he has received a job offer in Singapore, which has prompted him to contemplate relocating. His friend—working as a recruiter—alerted him to the lucrative position, prompting curiosity about the financial feasibility and lifestyle changes that would accompany such a move.

Expressing excitement yet hesitation about leaving Canada, he noted, “I’m single and have no kids, and I feel like I can explore this opportunity,” although he is uncertain if the prospective salary is sufficient given Singapore's cost of living.

The post ignited a lively discussion with varying perspectives.

Many locals and expats chimed in, with one Canadian who’s lived in Singapore stating, “Definitely worth it. The tax situation is fantastic; food is affordable, and everything you need is conveniently within reach. Plus, you can stretch your dollar further here.”

Others pointed out the financial dynamics further, highlighting that living expenses in Singapore could be manageable. “S$11K is super high for a single man,” one user remarked, estimating that a studio apartment could be rented for about S$3,000 a month, along with a relatively low annual health insurance cost.

However, not all responses were upbeat.

Critics raised concerns about Singapore's living conditions. One poster questioned, “Are you fine with no private vehicle? Living in compact apartments? Sprawling crowds during commutes? The weather can also be stifling.”

Additionally, sentiments about the competitive job landscape surfaced, focusing on frustrations that high-paying opportunities are offered to foreigners while locals find it challenging to secure employment. “Job markets are tough here; high salaries for expats often seem like a slap to those struggling locally,” lamented one user.

In related discussions, another foreigner on the same subreddit highlighted the difficulties of saving money in Singapore, despite working diligently.

He expressed, “I’ve been in the city for a while and working hard, but the cost of living is overwhelming, making savings and future planning nearly impossible.”

As expatriates continue to flock to Singapore, the balance between high salaries, cost of living, and the overall lifestyle remains a hot topic of conversation. For those considering a similar leap, it's clear that weighing both financial and personal aspects is crucial before making such a significant move.

Is an S$11,000 salary truly the key to a better life in Singapore?

Only time, and perhaps more insightful dialogues, will tell!