2023 Singapore Travel Budget
Singapore is a vibrant and cosmopolitan city-state that offers a wealth of experiences for travelers. From world-class shopping and dining to cultural attractions and historical sites, there’s something for everyone in Singapore. But how much should you budget for your trip? Here’s a comprehensive guide to help you plan your expenses.
Accommodation
- Budget hotels: SGD 50-150 per night
- Mid-range hotels: SGD 150-350 per night
- Luxury hotels: SGD 350+ per night
Food and Drink
- Budget meals: SGD 5-10 per meal
- Mid-range meals: SGD 10-20 per meal
- Fine dining: SGD 50+ per meal
Transportation
- Public transportation (MRT, buses): SGD 2-5 per day
- Taxis: SGD 10-15 per ride
- Car rental: SGD 50-100 per day
Activities and Attractions
- Museums and historical sites: SGD 10-20 per entry
- Theme parks: SGD 50-100 per entry
- Shopping: Varies widely depending on your budget
Miscellaneous Expenses
- Visas: SGD 30-50
- Travel insurance: SGD 20-50
- Pocket money for souvenirs and incidentals: SGD 50-100 per day
Sample Budget
Based on the above estimates, here’s a sample budget for a 3-day trip to Singapore:
- Accommodation: SGD 150 per night x 3 nights = SGD 450
- Food and drink: SGD 15 per meal x 3 meals per day x 3 days = SGD 135
- Transportation: SGD 5 per day x 3 days = SGD 15
- Activities and attractions: SGD 50 per day x 2 days = SGD 100
- Miscellaneous expenses: SGD 50 per day x 3 days = SGD 150
Total estimated cost: SGD 850
Tips for Saving Money
- Travel during the off-season (May-June and September-October) for cheaper hotel rates and airfares.
- Consider staying in a budget-friendly neighborhood like Chinatown or Little India.
- Take advantage of public transportation, which is clean, efficient, and affordable.
- Cook some of your own meals instead of eating out every night.
- Look for free activities and attractions, such as visiting museums on free admission days or exploring the city’s green spaces.
Hot Search: How Much Spending Money for Singapore 2025?
With the Singaporean economy expected to grow steadily in the coming years, it’s likely that prices will continue to rise. To budget for your 2025 trip, consider using the following inflation estimates:
- Accommodation: 3% annual increase
- Food and drink: 2% annual increase
- Transportation: 2% annual increase
- Activities and attractions: 3% annual increase
- Miscellaneous expenses: 2% annual increase
Based on these estimates, the total estimated cost for a 3-day trip to Singapore in 2025 would be approximately SGD 920.
Additional Tips
- When budgeting for your trip, keep in mind that Singapore is a relatively expensive city.
- Be prepared to spend more on accommodation and food than you would in other Southeast Asian countries.
- Factor in additional expenses for any specific activities or attractions you want to experience.
- Track your expenses throughout your trip to stay within your budget.
By following these tips, you can plan a memorable and affordable trip to Singapore in 2023 or 2025.
