Singapore's median monthly household income rose to S$12,446 (US$9,250) in 2025. This is a 6.8% rise after adjusting for inflation, up from S$11,558 in 2024. When factoring in household size, income per person increased by 7.5%, from S$3,837 to S$4,160. The Singapore Department of Statistics released these numbers in the Key Household Income Trends 2025 report on Monday. Prime Minister Lawrence Wong shared a video statement on social media. He said, “real wages across all income levels rose over the past 10 years.” He added, “That means that for many Singaporean workers and households, wage growth has outpaced inflation.” The PM also noted that “wage growth has been strongest for lower-income workers, faster than for those in the middle or at the top.” The 2025 report updated the definition of household income to include "market income." This market income covers earnings not just from work but also income from rental and investments, a change from previous reports that looked only at employment income.