Fancy an after-work drink? Just keep in mind that Singapore has the most expensive beer in Asia the next time you’re chugging it down.
A beer ordered at a bar costs an expat an average of $13.47 (S$16.84) in Singapore, according to a a cost of living survey by ECA International, which compares a basket of like-for-like consumer goods and services across 440 locations worldwide.
Meanwhile, a beer in Shanghai costs $10.34 (S$12.93) and the same beverage in Taipei can be purchased for just $8.41 (S$10.52).
Regionally, Singapore comes in as the 9th most expensive Asia city to live in. Globally, this translates to 30th place.
Tokyo, Japan, which took first place for both global and regional ranking last year, still leads the pack in the Asia, but has fallen to 10th place overall.
A beer in Tokyo, however, costs just $9.7 (S$12.13), almost 40 per cent lower than in Singapore.
However, it is notable that the prices of grocery items in Singapore are lower than some other Asian cities. A dozen eggs, for instance, cost only $3.56 (s$4.45) in Singapore, compared to Hong Kong’s $6.48 (S$8.10).
Still, if you really want to grab a cold one, there are watering holes in Singapore that would not burn a hole in your pocket.
Five Izakaya, for one, has all types of drinks for $5. There is no specific happy hour but there is no need for one with the pricing anyway.
If you’re in the mood for an unlimited buffet-style drinking session, check out Insomnia Bar and Restaurant for its all-you-can-drink for just $20 a night.
While the alcohol in Singapore is expensive, there are definitely places that cater to those on a budget.