Cost of Living in Orchard Road
Summary: Understanding the the cost of living in Orchard Road helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
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Monthly Budget for Retirees in Orchard Road
"Living in Orchard Road, is considered to be quite expensive. The cost of housing is high, with luxury apartments and condominiums being the norm in this area. Rent for a one-bedroom apartment in the city center can be quite steep. In addition to housing, the cost of groceries, dining, and general day-to-day expenses are also higher than in other parts of Singapore. This is due to the fact that Orchard Road is a prime shopping district, with a plethora of high-end boutiques, designer stores, and upscale restaurants.Transportation costs can also add up, especially if one chooses to own a car, as the cost of vehicle ownership in Singapore is one of the highest in the world due to heavy taxes and fees. However, the area is well-served by public transportation, which is a more affordable option.Healthcare in Singapore is of a high standard, but it also comes with a high price tag, especially for private healthcare services. Despite the high cost of living, many people choose to live in Orchard Road for its convenience, vibrancy, and the high quality of life it offers," said one expat living in Orchard Road.
Can I live in Orchard Road on $1,500 a month?
"I've been living in Singapore for a few years now, and I can tell you that living comfortably on $1,500 a month in Orchard Road is quite a challenge. Orchard Road is one of the most expensive areas in Singapore, so you'll definitely have to make some sacrifices to make it work. Firstly, you'll need to find a more affordable neighborhood to live in. I'd recommend looking at areas like Toa Payoh, Ang Mo Kio, or even further out like Woodlands or Jurong. These areas are more budget-friendly and still have good public transport connections to Orchard Road. You might have to settle for a smaller apartment or share a flat with roommates to keep your rent costs down.Next, you'll need to be mindful of your daily expenses. Eating out in Singapore can be quite expensive, especially in the Orchard Road area. Instead, try to cook at home more often or eat at hawker centers and food courts, which offer more affordable meal options. Transportation costs can also add up quickly, so consider using public transport like buses and MRT instead of taxis or Grab. If you're up for it, you can even cycle or walk to work to save on transportation costs.Lastly, you'll need to cut back on entertainment and leisure activities. Going out for drinks, movies, or other activities can be quite pricey in Singapore, especially around Orchard Road. Look for free or low-cost events and activities around the city, or consider hosting gatherings at home with friends instead of going out.In conclusion, living on $1,500 a month in Orchard Road is possible, but it will require some sacrifices and adjustments to your lifestyle. By choosing a more affordable neighborhood, being mindful of your daily expenses, and cutting back on entertainment costs, you can make it work," commented an expat living in Orchard Road.
Can I live in Orchard Road on $3,500 a month?
"I've been living in Singapore for a few years now, and I can tell you that living comfortably on $3,000 a month in Orchard Road is quite challenging, but not impossible. You'll definitely have to make some sacrifices and adjustments to your lifestyle, especially when it comes to housing and entertainment.Firstly, you'll need to find a more affordable neighborhood to live in. Orchard Road is known for its high-end shopping malls and luxury apartments, so the cost of living there is quite high. Instead, consider looking for a place in areas like Toa Payoh, Bishan, or Ang Mo Kio. These neighborhoods are still relatively close to Orchard Road and have a good mix of local amenities, but the cost of housing is significantly lower.When it comes to housing, you might have to settle for a smaller apartment or even consider sharing a flat with roommates to save on rent. A one-bedroom apartment in a more affordable neighborhood can cost around $1,500 to $2,000 per month, while a room in a shared flat can be as low as $800 per month. Keep in mind that utility bills and internet can add up, so make sure to factor those into your budget as well.As for transportation, the public transport system in Singapore is excellent, so you can save money by taking buses and trains instead of taxis or owning a car. A monthly transport pass costs around $120, which gives you unlimited travel on buses and trains.When it comes to food, eating out at restaurants and cafes can be quite expensive, especially in the Orchard Road area. To save money, try eating at hawker centers and food courts, where you can find delicious local dishes for as low as $3 to $5 per meal. Cooking at home can also help you save on food expenses.Entertainment and leisure activities can also be costly in Singapore, so you might have to cut back on some of your hobbies or find more affordable alternatives. For example, instead of going to the cinema, you can watch movies at home or attend free outdoor movie screenings. There are also plenty of free or low-cost events and attractions in Singapore, such as visiting parks, museums, and cultural performances.In conclusion, living comfortably on $3,000 a month in Orchard Road, is possible if you're willing to make some sacrifices and adjustments to your lifestyle. By choosing a more affordable neighborhood, cutting back on dining out and entertainment expenses, and making use of public transport, you can make it work," said one expat living in Orchard Road.
Can I live in Orchard Road on $5,000 a month?
"I've been living in Singapore for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even in the Orchard Road area. However, you might have to make some sacrifices in terms of housing and lifestyle choices. For example, you might not be able to afford a luxurious condo in the most upscale neighborhoods, but you can still find decent apartments in more affordable areas.One of the more affordable neighborhoods near Orchard Road is River Valley. It's just a short walk or bus ride away from the shopping district, and you can find a variety of apartments there, ranging from older walk-up flats to newer condos. The rental prices in River Valley are generally lower than those in the prime districts like Orchard, Tanglin, or Bukit Timah. You can expect to pay around $2,500 to $3,500 per month for a one or two-bedroom apartment in River Valley, depending on the size and condition of the unit.Another option is to look for apartments in the Novena or Balestier area, which is a bit further away from Orchard Road but still within a reasonable commuting distance. These neighborhoods offer a mix of local and expat communities, and you can find a range of housing options, from HDB flats to private condos. The rental prices in Novena and Balestier are generally more affordable than those in the prime districts, with one or two-bedroom apartments going for around $2,000 to $3,000 per month.As for other expenses, you might have to be more mindful of your spending on dining out, entertainment, and shopping. Eating at hawker centers and food courts is a great way to save money while still enjoying delicious local cuisine. You can also take advantage of the many free or low-cost activities and attractions in Singapore, such as visiting parks, museums, and cultural events.In terms of transportation, using public transport like the MRT and buses is much more cost-effective than owning a car or relying on taxis. You can also save money by walking or cycling for shorter distances.Overall, living comfortably on $5,000 a month in Orchard Road, is achievable if you're willing to make some adjustments to your housing and lifestyle choices. By choosing a more affordable neighborhood and being mindful of your spending, you can still enjoy the modern amenities and vibrant city life that Singapore has to offer," commented an expat living in Orchard Road.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.