The cost of living is a worry for
many.

For all households, the main items responsible for the higher cost of living were food, school and tuition fees, and medical treatment fees, SingStat said. This meant that the consequences of a high cost of living in Singapore are poverty which mainly affected the low-income group. However, some of the middle-income group also do feel the pinch because they’re not entitled to the benefits and yet they feel the full blow of increases in the cost of living. Becuase of the high school fees In Singapore, non-Singaporean will also suffer from studying in Singapore because they are not subsidised further by Singapore government such as the Edusave Account, Kindergarten Fee Assistance Scheme (KiFAS) Elderly who suffer from illnesses may be unable to afford the medical fees due to the high cost of living. Fortunately, schemes such as the Medisave scheme, Community Health Assist Scheme (CHAS) will help the elderly to have affordable medical cost.

