City Comparison

Singapore vs Malmö

Cost of Living Comparison 2026

Malmö is ~55% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Singapore

Singapore

COL+Rent

77.4

Rent Index

73.1

Groceries

75.3

Restaurant

50.4

Malmö

Sweden

COL+Rent

35.1

Rent Index

17.1

Groceries

45.6

Restaurant

42.6

Monthly Cost Comparison

CategorySingaporeMalmöDiff
Rent (1BR City)$3,120$756+$2,364
Rent (1BR Outside)$2,280$594+$1,686
Groceries$410$260+$150
Restaurant Meal$11$13$2
Transit Pass$86$71+$15
Utilities$166$79+$87

Monthly Budget Comparison

LifestyleSingaporeMalmö
Minimal$2,863/mo$978/mo
Typical$3,947/mo$1,361/mo
Comfortable$4,662/mo$1,721/mo

Purchasing Power Equivalence

Budget in Singapore≈ in MalmöDifference
$1,500/mo$680/mo-$820
$2,000/mo$907/mo-$1,093
$3,000/mo$1,360/mo-$1,640

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Singapore vs Malmö for Expats & Remote Workers

Our data shows Malmö is approximately 55% more affordable than Singapore when combining rent and daily living costs. Singapore's COL+Rent Index of 77.4 vs Malmö's 35.1 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.

Housing is the biggest differentiator: a city-center one-bedroom in Singapore costs $3,120/month versus $756/month in Malmögiving Malmö a $2,364/month advantage on housing alone. Over a full year, this rent difference alone amounts to $28,368 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Singapore ($410/mo) vs Malmö ($260/mo) reflect Malmö's lower food prices, while restaurant meals at $11 vs $13 show Malmö offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Malmö offers meaningfully better value — your typical monthly budget of $1,361 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

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Frequently Asked Questions

Is Singapore or Malmö cheaper to live in?
Malmö is approximately 55% cheaper overall. Singapore's COL+Rent Index is 77.4 vs Malmö's 35.1 (NYC = 100).
How much is rent in Singapore vs Malmö?
A 1BR in Singapore city center costs ~$3,120/mo vs $756/mo in Malmö. Outside the center: $2,280 vs $594.
What is $2,000/month in Singapore worth in Malmö?
Using cost-of-living adjustment, $2,000/month in Singapore has the purchasing power of approximately $907/month in Malmö.
Are groceries cheaper in Singapore or Malmö?
Monthly groceries cost approximately $410 in Singapore vs $260 in Malmö. Groceries Index: 75.3 vs 45.6 (NYC = 100).