At sgCareers, we believe transparent salary information empowers better career decisions. This Singapore salary guide compiles the latest official data from the Ministry of Manpower (MOM), industry reports from Michael Page, Morgan McKinley, Mercer, and NodeFlair, alongside real market listings from MyCareersFuture to give you a clear, trustworthy picture of what employers are paying in 2025–2026.
Quick Answer: The median gross monthly income for full-time employed residents in Singapore is approximately S$5,800 (including employer CPF contributions) as of 2025. The mean salary sits at S$6,282 per month. Technology and financial services remain the highest-paying sectors, with senior professionals earning S$15,000–S$25,000+ monthly.
Singapore Salary Overview: Key Statistics
| Metric | Value (SGD) | Notes |
|---|---|---|
| Median Gross Monthly Income | S$5,800/month | Full-time employed residents, incl. employer CPF |
| Mean Gross Monthly Income | S$6,282/month | Average across all full-time employed residents |
| Projected Salary Increment (2025) | ~4.1–4.2% | Mercer and industry surveys |
| Real Income Growth (Inflation-Adjusted) | ~3.1% | Reflects strengthened purchasing power |
| Peak Earning Age | 40–44 years | Median of S$7,800/month at peak |
Median Gross Monthly Income Trend (2014–2025)
| Year | Median Gross Monthly Income (SGD) |
|---|---|
| 2019 | S$4,563 |
| 2020 | S$4,534 |
| 2021 | S$4,680 |
| 2022 | S$5,070 |
| 2023 | S$5,197 |
| 2024 | S$5,500 |
| 2025 | S$5,800 |
Source: Ministry of Manpower (MOM), Singapore
Median Monthly Income by Age Group
| Age Group | Median Gross Monthly Income (SGD) |
|---|---|
| 15–19 | S$1,872 |
| 20–24 | ~S$3,000 |
| 25–29 | ~S$4,500 |
| 30–34 | ~S$5,500 |
| 35–39 | ~S$6,500 |
| 40–44 | S$7,800 (peak) |
| 45–49 | ~S$7,500 |
| 50–54 | ~S$6,800 |
| 55–59 | ~S$5,500 |
| 60+ | ~S$3,800 |
Source: MOM Occupational Wages Survey
Industry-by-Industry Singapore Salary Breakdown
1. Information & Communications (Technology)
Technology remains Singapore’s highest-paying and fastest-growing sector. AI, cloud computing, cybersecurity, and data science roles command significant premiums.
Technology — Salary by Experience
| Experience Level | Monthly Salary Range (SGD) | Annual Salary Range (SGD) |
|---|---|---|
| Entry-Level (<2 years) | S$4,000 – S$6,500 | S$48,000 – S$78,000 |
| Mid-Level (2–5 years) | S$6,500 – S$9,500 | S$78,000 – S$114,000 |
| Senior (5+ years) | S$10,000 – S$15,000+ | S$120,000 – S$180,000+ |
| Leadership / CTO | S$20,000 – S$40,000+ | S$240,000 – S$480,000+ |
High-Demand Tech Roles & Salaries
| Role | Mid-Level (Annual) | Senior-Level (Annual) |
|---|---|---|
| Software Engineer / Full-Stack Developer | S$78,000 – S$120,000 | S$120,000 – S$192,000 |
| Data Scientist | S$100,000 – S$160,000 | S$160,000 – S$250,000 |
| AI / Machine Learning Engineer | S$90,000 – S$170,000 | S$170,000 – S$288,000 |
| Data Engineer | S$96,000 – S$150,000 | S$150,000 – S$228,000 |
| Cybersecurity Specialist | S$120,000 – S$200,000 | S$200,000 – S$250,000+ |
| Solutions Architect | S$132,000 – S$204,000 | S$204,000 – S$300,000 |
| Cloud Engineer (AWS/Azure/GCP) | S$90,000 – S$140,000 | S$140,000 – S$200,000 |
2026 Growth Projection: 3–5% base growth; 6–10% for AI/ML and cybersecurity specialisations.
2. Financial & Insurance Services
Singapore’s status as a global financial hub keeps finance salaries highly competitive, especially in fintech, private banking, risk management, and compliance.
Financial Services — Salary by Experience
| Experience Level | Monthly Salary Range (SGD) | Annual Salary Range (SGD) |
|---|---|---|
| Entry-Level (<2 years) | S$4,500 – S$6,000 | S$54,000 – S$72,000 |
| Mid-Level (2–5 years) | S$7,000 – S$12,000 | S$84,000 – S$144,000 |
| Senior (5+ years) | S$15,000 – S$25,000+ | S$180,000 – S$300,000+ |
| Executive / C-Suite | S$25,000 – S$60,000+ | S$300,000 – S$720,000+ |
Key Finance Roles
| Role | Monthly Salary Range (SGD) |
|---|---|
| Investment Banking Analyst | S$6,000 – S$10,000 |
| Financial Analyst (FP&A) | S$5,500 – S$9,000 |
| Risk Manager | S$8,000 – S$15,000 |
| Compliance Manager | S$7,500 – S$14,000 |
| Private Banker | S$12,000 – S$25,000+ |
2026 Growth Projection: 6–10%, driven by fintech expansion and regulatory demand.
3. Healthcare & Life Sciences
Singapore’s ageing population and investment in digital health continue to push healthcare wages upward.
Healthcare — Salary by Experience
| Experience Level | Monthly Salary Range (SGD) | Annual Salary Range (SGD) |
|---|---|---|
| Entry-Level (<2 years) | S$3,500 – S$5,500 | S$42,000 – S$66,000 |
| Mid-Level (2–5 years) | S$5,500 – S$9,000 | S$66,000 – S$108,000 |
| Senior (5+ years) | S$10,000 – S$16,000+ | S$120,000 – S$192,000+ |
| Medical Specialists | S$14,000 – S$25,000+ | S$168,000 – S$300,000+ |
2026 Growth Projection: ~6%, with digital health and telemedicine roles seeing 10–15% salary premiums.
4. Professional Services (Consulting, Legal, Accounting)
Professional Services — Salary by Experience
| Experience Level | Monthly Salary Range (SGD) |
|---|---|
| Entry-Level | S$4,500 – S$5,800 |
| Mid-Level | S$5,800 – S$8,000 |
| Senior / Manager | S$8,000 – S$15,000 |
| Director / Partner | S$15,000 – S$25,000+ |
2026 Growth Projection: 5.5%; sustainability consulting and digital transformation advisory are premium niches.
5. Engineering & Manufacturing
Engineering & Manufacturing — Salary by Experience
| Experience Level | Monthly Salary Range (SGD) |
|---|---|
| Entry-Level | S$3,500 – S$5,000 |
| Mid-Level | S$5,000 – S$8,000 |
| Senior | S$9,000 – S$15,000+ |
2026 Growth Projection: 5–6%; advanced manufacturing and semiconductor roles command higher premiums.
6. Green Economy / ESG
Singapore’s push toward sustainability has created a fast-growing salary category.
Green Economy / ESG — Salary by Experience
| Experience Level | Monthly Salary Range (SGD) |
|---|---|
| Entry-Level | S$4,000 – S$5,500 |
| Mid-Level | S$6,000 – S$10,000 |
| Senior | S$12,000 – S$18,500 |
2026 Growth Projection: 5–6%; clean energy workforce projected to grow ~80% by 2032.
7. Other Key Sectors
Sector Comparison — Median & Range
| Sector | Median Gross Monthly Income (SGD) | Entry–Senior Range (Monthly) |
|---|---|---|
| Education | S$5,700 | S$3,000 – S$10,000+ |
| Transportation | S$4,950 | S$2,800 – S$8,000 |
| Construction | S$4,750 | S$2,500 – S$10,000+ |
| Retail Trade | S$4,200 | S$2,200 – S$7,000 |
| F&B Services | S$3,750 | S$2,000 – S$6,500 |
Source: MOM, 2025
Singapore Salary by Job Position Level
| Position Category | Median Gross Monthly Income (SGD) |
|---|---|
| Managers & Directors | S$10,820 |
| Professionals | S$8,363 |
| Associate Professionals & Technicians | S$4,735 |
| Clerical Support Workers | S$3,510 |
| Service & Sales Workers | S$2,800 – S$3,500 |
6 Factors That Influence Your Salary in Singapore
1. Industry Demand
Sectors with acute talent shortages—AI/ML, cybersecurity, specialised finance, and green technology—offer the strongest salary growth.
2. Years of Experience
Salaries rise significantly after the 5-year mark. Professionals aged 35–44 typically earn the highest premiums.
3. Skills & Certifications
Employers are shifting toward skills-based compensation. In-demand certifications include:
- Cloud: AWS Solutions Architect, Azure Fundamentals, Google Cloud Professional
- Cybersecurity: CISSP, CISM, CEH
- Data: Python, R, SQL, Tableau, Power BI
- AI/ML: TensorFlow, PyTorch, MLOps
- Finance: CFA, CPA, FRM, CAIA
4. Company Type & Size
Company Type vs. Market Salary
| Company Type | Typical Salary vs. Market |
|---|---|
| Multinational Corporations (MNCs) | +10–15% above median |
| Government-Linked Companies (GLCs) | Market-competitive + strong benefits |
| Local Large Enterprises | Around market median |
| SMEs | Below median, but faster progression possible |
| Startups | Below-market base + equity |
5. Educational Qualifications
While degrees remain important, skill-based hiring is rising—especially in tech. Demonstrable portfolios, GitHub repositories, and project outcomes increasingly influence offers.
6. Negotiation & Market Knowledge
Professionals who benchmark their salary against reliable sources (like this guide) typically negotiate 5–15% higher starting pay.
How to Negotiate a Higher Salary in Singapore
Do Your Research
Use verified sources such as:
- MOM Occupational Wages Survey
- MyCareersFuture.sg salary filters
- sgCareers job listings with disclosed pay ranges
- LinkedIn Salary Insights
- Glassdoor Singapore
Quantify Your Achievements
Bring specific numbers to the negotiation:
- “I reduced processing time by 30%, saving S$X annually.”
- “I led a team of 5 that delivered S$Y in new revenue.”
Consider the Total Package
Base salary is only one component. Evaluate:
- Annual bonus (1–3 months is standard; banking can be 6–12 months)
- Employer CPF contributions (up to 17% for Singapore citizens/PRs)
- Health insurance and dental coverage
- Flexible work arrangements
- Professional development budget
- Stock options or equity (common in startups and tech)
Timing Matters
The best times to negotiate are:
- When receiving a job offer
- During annual performance reviews
- After completing a major project successfully
- When you have a competing offer in hand
Singapore Salary Trends to Watch in 2025–2026
- AI & Automation Premium: Roles involving AI implementation, prompt engineering, and machine learning operations (MLOps) are seeing 15–25% salary premiums over traditional tech roles.
- Skills-Based Pay: More companies are moving away from degree-centric pay scales toward competency-based compensation.
- Green Job Growth: The clean energy workforce is projected to grow ~80% by 2032, with ESG and sustainability roles up ~27% year-on-year.
- Healthcare Digitalisation: Telemedicine, health-tech, and biotech roles are blending clinical and technical skills—hybrid roles command 10–15% premiums.
- Remote & Hybrid Work Compensation: Some MNCs are implementing location-based pay scales for remote workers. Understand whether your employer uses global, regional, or Singapore-adjusted pay bands.
- Progressive Wage Model Expansion: Lower-wage sectors (cleaning, security, retail, F&B) continue to see government-mandated minimum wage floor increases.
Frequently Asked Questions (FAQ)
What is the average salary in Singapore?
The mean gross monthly income for full-time employed residents in Singapore is approximately S$6,282 (including employer CPF contributions) as of 2025. The median is S$5,800, which is a more representative figure as it is not skewed by very high earners.
What is a good salary in Singapore?
A “good” salary depends on your lifestyle, housing situation, and family commitments. Generally:
- S$3,500–S$5,000/month: Comfortable for a single professional renting a room or HDB flat
- S$6,000–S$9,000/month: Comfortable for a couple; can afford a condo rental or HDB purchase
- S$10,000+/month: Upper-middle income; supports private property, car ownership, and international schooling
- S$15,000+/month: High income; financial flexibility for investments and premium lifestyle
Which industry pays the highest in Singapore?
Financial services and technology consistently offer the highest salaries. Senior investment bankers, CTOs, CISOs, and specialised AI/ML engineers can earn S$200,000–S$500,000+ annually. Medical specialists in private practice also command top-tier compensation.
How much does a fresh graduate earn in Singapore?
Fresh graduate salaries vary by degree and industry:
- Arts/Social Sciences: S$3,000–S$3,800/month
- Business/Finance: S$3,500–S$5,000/month
- Engineering: S$4,000–S$5,500/month
- Computer Science / IT: S$4,500–S$6,500/month
- Medicine / Dentistry: S$4,500–S$6,000/month (public sector scales)
Is S$5,000 a month a good salary in Singapore?
S$5,000 per month is slightly below the national median (S$5,800) but is a livable salary for a single professional. It covers rent for an HDB room, food, transport, and modest savings. For a family with children or those seeking private housing, it would be tight.
What is the Progressive Wage Model (PWM) in Singapore?
The Progressive Wage Model is a government initiative that sets minimum salary floors and mandates skill-upgrading for workers in specific sectors, including cleaning, security, landscape, retail, and food services. It ensures lower-wage workers see consistent, structured pay increases.
How often do Singapore employers give salary raises?
Most employers conduct annual salary reviews. The average salary increment in Singapore for 2025 is projected at 4.1–4.2%. High-demand sectors (tech, finance, healthcare) may see 6–10% increments for top performers or job-hoppers.
Does CPF count as part of my salary?
Yes and no. Your “gross salary” typically refers to your cash component before CPF deductions. However, MOM statistics report “gross monthly income including employer CPF contributions,” which adds up to 17% on top of your wage (for Singapore citizens and PRs). When comparing job offers, clarify whether the figure includes employer CPF.
Find Your Next High-Paying Role on sgCareers
Understanding salary benchmarks is just the first step. The next step? Finding the job that matches your worth.
Browse thousands of verified job listings with salary transparency on sgCareers →
Whether you are searching for your first tech role, a senior finance position, or a healthcare leadership opportunity, sgCareers connects you with employers who value your skills—and are willing to pay for them.
Set up a job alert today and never miss a role that matches your salary expectations.
Sources & Methodology
This salary guide is compiled from the following authoritative sources:
- Ministry of Manpower (MOM), Singapore — Occupational Wages Survey, Labour Force Reports
- MyCareersFuture.sg — Live job listing data and salary ranges
- Mercer — Southeast Asia Salary Trends 2025
- Michael Page — Singapore Salary Guide 2025
- Morgan McKinley — Singapore Salary Guide 2025
- NodeFlair — Tech Salary Report 2025
- Robert Half — Salary Guide 2025
- Quess Singapore — Salary Guide 2025
Data reflects full-time employed resident salaries in Singapore Dollars (SGD). Figures include employer CPF contributions where indicated. All salary ranges are approximate and vary based on company size, individual qualifications, and negotiation outcomes.
Last updated: August 2026
Published by sgCareers — Singapore’s trusted job portal for transparent, data-driven career decisions.
