Cost of Studying in Singapore for Indian and International Students 2024

Being the financial hub of Asia, Singapore offers quality education through a number of widely known international universities. The Cost of studying in Singapore might vary depending upon the institution, course, and lifestyle you choose however, it is still affordable in comparison to other study abroad destinations.

Although the cost of living in Singapore for Indian students might be slightly higher the quality of education received will be beneficial. The monthly expenses in Singapore vary depending upon the lifestyle and living preferences of a student. However, there are various financial aids provided to sustain the living expenses in Singapore for Indian or International students.

Among the many reasons to study in Singapore the presence of two largest and oldest universities, the National University of Singapore and Nanyang Technological University which rank among the top universities in the world. Additionally, various international universities with campuses in Singapore offer cost-effective options for students. so how much does it cost to study in Singapore?

The cost of studying in Singapore for international students differs in accordance with the level of study. Here is the average cost of studying in Singapore in 2024:

Bachelors- 2-4 years: Around SGD 51,840- SGD 115,350

Masters- 1- 1.5 years: Cost- SGD 46,080- SGD 113,884

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Top universities in Singapore

Singapore student visa

Cost of Living in Singapore for International Students 2024

International students in Singapore have the option of putting up in university hostels, renting private accommodations, or government housing. Private hostels both within and outside the campus are also available for students. One must consider this important aspect when considering the cost of studying in Singapore.

Here are some of the accommodations that you can explore in Singapore:

University hostels: Most of the universities in Singapore provide hostel facilities for international students. To secure a hostel accommodation, students have to indicate the same in the application form. However, whether or not you will get accommodation depends on the availability of the university hostels.

The cost of living in Singapore for international students in University hostels is somewhere between SGD 200-SGD 700 depending on the type of room the student opts for. The room accommodation, generally, does not include meals which again will add to the cost of studying in Singapore.

Rented apartments: International students who do not get or opt not to stay at the university hostels can also explore flats for rent. Usually, rented rooms are available for students in the areas surrounding the university. The cost of living in Singapore for 1 person with rent is around SGD 1000- SGD 4,000.

Off-campus hostels or PGs: There are many off-campus hostels available for international students in Singapore. Off-campus hostels can charge a bit higher than campus hostels and the cost of studying in Singapore for Indian students varies depending on the facilities offered by the hostel. The monthly expenses in Singapore are more than SGD 2500.

Housing Development Board (HDB) flats: One of the special opportunities for housing in Singapore for international students is the HDB flats. HDB flats are cheap alternatives to private rooms. However, the locations of these flats might not always be feasible for international students who would otherwise prefer accommodations near the university. The cost of living in Singapore for students in HBDs ranges from SGD 1000 –SGD 2000 monthly.

Homestays: International students can also opt for homestays in Singapore. Many families who reside near the campuses offer homestay facilities to students in return for monthly compensation. Cost for homestays can vary between SGD 900- SGD 2000 which includes meals and a room and can be a budget-friendly option when some consider the Singapore study cost.

Living Expenses in Singapore for Indian Students 2024

Singapore is one of the most expensive countries in Asia in terms of living standards. Here is the average cost of basic necessities which contribute to the Singapore study cost. This is part of the Singapore education cost for Indian students. Through the information provided below one can easily calculate "how expensive is Singapore?" and what will be the monthly expenses while living in the country.

Food: Usually, the monthly cost for meals can be around SGD 300 for international students in Singapore. It is better for students to go for accommodations where meals are included as eating outside every day could put a heavy burden on their pocket and adds to the cost of studying in Singapore.

Transport: Singapore has a very effective public transportation system which is quite cheap. Transportation can cost students around SGD 120 to SGD 250 monthly which adds to the cost of studying in Singapore for Indian students.

Personal expenses: Besides food and transport, students also have personal expenses that they have to take care of while living in a foreign country. It is advisable to keep around SGD 300 to meet one's personal expenses in Singapore and add it as part of the Singapore study cost.

Books and Stationary: While many universities provide materials for study and also have libraries, students are still required to refer to books and stationeries beyond the campus as is the case with any university around the world. Keep at least SGD 200 to take care of such expenses and add to the cost of study in Singapore for Indian students.

Monthly Expenses in Singapore (in SEG and USD)

Note- The Singapore study visa total cost should also be added and calculated by the international students before deciding to apply to study in this country.

These are the major areas of expenditure students will have to consider when calculating the cost of studying in Singapore in 2024.