The Cost of Transportation in Singapore
Singapore has one of the best and least expensive public transportatio systems in the world. The average price for a one-way bus fare is about S$1.60. If you combine MRT and bus transports, it should cost you no more than S$150 a month, considering an average weekend cost of around S$10 and a daily commute of around S$3.50.
In Singapore, most taxi drivers are willing to cover even the shortest of distances. And unlike some other countries, hiring a taxi service in Singapore is considered affordable.
A taxi ride can cost as low as S$3.00 to S$3.40 for the first mile, and around S$0.22 for every 400 meters traveled, up to 10 kilometers. Afterwards, you only need to pay the same amount for only every 350 meters traveled, not 400.
To hire a taxi in Singapore, you can either hail a cab on the road or call their number for an additional fee of around S$2.30 to S$3.30 to book a taxi service. Nowadays, apps such as ‘Grab’ is also a popular option for locals to call a cab. Unlike the traditional way, the price is fixed.
Owning a private car in Singapore can be an expensive luxury due to the heavy government taxes that come with it. Due to the fact that Singapore’s government aims to eliminate the problem of air pollution and heavy road congestion, heavy taxes are imposed for private cars owners.
If you are still intending to drive around Singapore in a private car, keep in mind that you will need to take into account both the initial purchase cost and any recurring costs that you might have to face later on. One of the biggest consideration will be the Certificate of Entitlement, a certificate that allows you to both register and own a vehicle for a period of 10 years.
Automobile fuel in Singapore is neither gas nor gasoline, but called petrol. Petrol is measured in liters, and a single liter of petrol could cost you anywhere between S$2.15 and S$2.52, depending on the grade of it.
The average cost of parking in Singapore starts at S$2.00 per hour. A person relying on private car as his main source of transportation will spend around S$600 a month on parking, petrol, and toll charges. You should also take in account an average cost between S$500 and S$1000 a year for maintenance.
A brand new European or Japanese car can easily cost you around S$150.000.
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