Has Singapore become more expensive to live in than other first world countries?

[karlmarx]

yes, cost of living in sg is high. very high. entering the league of big international cities. the question is what we can do about it. there are basically three ways to respond.

1. earn more.
2. spend (and expect) less.
3. change our country's policies responsible for high costs.

i guess most people are here for point 1. and everyone is probably already working hard at their careers. we are already a few months past point 3. and if citizens are unwilling to remove the incumbent when sentiments have never been worse, they probably never will. saf is already giving out ipads to win over the youths - the demograph that voted against them the most. it is often said that point 2 is most straight forward solution. but we all know that it isn't. in sg, everybody judges everybody by what they have, and how much of it. there's no escaping of this competitive comparison. except perhaps for the hermit.

at the end of the day, i believe most of us will resort to point 1. afterall, you can get alot more by just purchasing assets during a recession. how hard can it be to wait patiently for the next one? =)