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Car vs MRT commute

A car in Singapore is one of the largest standing costs a household carries, and the petrol you notice is the smallest part of it. This puts the full monthly cost, from COE depreciation down to ERP and parking, next to a public-transport plan for your actual commute, so the real gap is plain. The figures are yours to edit; the answer often surprises people either way.

S$1,214

a month cheaper on the MRT side, on these inputs. MRT looks roughly S$1214 cheaper a month on these inputs. Driving fewer than 0 workdays a month would narrow the gap.

What this suggests

MRT looks roughly S$1214 cheaper a month on these inputs. Driving fewer than 0 workdays a month would narrow the gap.

Car, per month

Total cost of ownership, spread monthly.

  • PetrolS$156.75
  • COE depreciationS$666.67
  • InsuranceS$200.00
  • ServicingS$125.00
  • ERPS$88.00
  • ParkingS$150.00
  • Road taxS$100.00
Car totalS$1,486.42

Public transport, per month

Concession pass plus any ride-hailing you fall back on.

  • Adult monthly passS$128.00
  • Grab fallbackS$144.00
Transport totalS$272.00
Your car
Your public transport

A car decision rarely turns on the monthly number alone. If you want to weigh it against your savings rate, CPF, and goals, a licensed adviser can map it out with you. This is optional, and your figures above stay in your browser.

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These calculators are free educational tools. They do not require a login and they do not constitute financial advice or a recommendation. Results are illustrative projections based on the inputs you provide and on current MAS, CPF Board, and IRAS parameters, which are reviewed periodically. ConSol generates educational financial roadmaps; all recommendations require review by our licensed advisory team. Vasper Financial operates as an objective advisory, not tied to any single insurer or institution.