Cost of Living Comparison Dubai vs Singapore
The decision as to which city; Dubai or Singapore is better suited for living could at times be quite a formidable decision to make since both cities have a lot to offer as far as quality living is concerned. Here is a contrast and comparison of the approximate lifestyles costs of these two dynamic cities.
Housing
Housing directly forms one of the largest components that people have to cater for in terms of their expenditures. The accommodation in Dubai can come in various forms and it is relatively cheaper as compared to Singapore. In its current state, Singapore’s land is one of the most expensive rental markets in the world especially in the core city area.
For example, to live in the same manner, you will require S$8,299 (21.7 thousand AED) in Singapore and 20 thousand AED in Dubai. However, the suburbs of Singapore, known as “Heartlands” reflect a much more reasonably priced prospect as opposed to Dubai where suburban live does not necessarily translate to mean cheap.
Utilities and Internet
In terms of utilities, it is found that the cost is comparatively higher in Dubai. Electricity, gas and water charges take about 30 percent less for example on a monthly basis in Singapore. Internet cost is also cheaper in Singapore up to 60% cheaper as compared to Dubai.
Transportation
Both cities have well-developed systems of public transport however they are more developed in Singapore and cheaper than in Kuala Lumpur. A metro ticket in Singapore varies from S$1 and S$2. 70-S$1. 90, similar to Dubai. Yet, the cost of car ownership in Singapore is much higher because of high fees and tariffs, while in Dubai you don’t have to worry about cheap petrol prices as they are subsidized.
Groceries and Dining
Operating cost in supermarket is relatively high compared to other countries of similar type in Singapore. For instance, cheese, apples and tomatoes sourced from within will be more expensive as compared to those found in Dubai. However, eating out in restaurants is slightly expensive in Dubai, especially a three course for two which costs about $110 in a mid range restaurant as compared to $87. 50 in Singapore.
Taxes and Income
Taxes: there is no income tax for the foreigners that give the possibility to have much higher net income comparing to other countries, and this is one of the significant advantages of Dubai. On the other hand, Singapore has moderate immigration tax rates and mostly, it does not exceed more than 28%.
Education
With the choice of education, families are sensitive to. Unfortunately, international school fees are relatively expensive, especially in Dubai and are slightly lower the fees found in Singapore. For instance, the fee for high school within the international schools in Singapore may be as expensive as S$51, 000 per year while in Dubai is about S$ 36,500.
From the analysis it is clear that both are suitable cities for living though there may be certain areas of preference according to individual characteristics. Living expenses are cheaper in Dubai than most other emirates; there are no income taxes; and the cost of owning a car is much lower, which makes Dubai a good choice if financial considerations come first. In contrast, Singapore has well-developed public transport system and utilities are cheaper, more international environment than for example Japan, which will suitable for those who expect a more structured and ordered city life.