What is the price level in Singapore? Why does everything feel expensive?

As a developed country in Southeast Asia, Singapore's economic level has indeed surpassed many regions. At the same time, Singapore, as the most popular country for immigrants in the world, is also because of their high per capita income. But as far as we know, after the per capita income is high, the living standard will improve, and the price level will also rise. Then the price level in Singapore must be relatively high, which makes people feel very expensive.

Singapore's per capita income is already very high, and the per capita income level has reached the forefront of the world. According to the data research report of Singapore, the per capita annual income of Singapore residents has been higher than S $36,000, and the per capita monthly income is also higher than S $3,000. But the ratio of SGD to RMB is one to five, so their per capita monthly income has reached 18000 RMB, which can be said to be far higher than the income of most people in China. I have to say that Singapore's income is still considerable.

Let's look at the prices in Singapore. Singapore has built the only marina bay Hotel in the world, and the cost of one night is as high as 1 10,000 RMB. Let's look at ordinary fruit. Because Singapore is located in the tropics, fruits are still cheaper to sell. The price of a pitaya is around 2.4 yuan. However, vegetables imported from China are more expensive, such as red pepper, which costs 20 yuan per catty.

It can be said that the housing cost in Singapore is still very high, and it takes less than one month to rent a house from the third-and fourth-tier cities in our country 1000. But renting a single room in Singapore may cost three or four thousand yuan a month, and buying a house is even more expensive. Singapore's housing prices are almost catching up with Beishangguang.