I just guesstimate some of the costs below as I think it should be pretty accurate based on my past experiences and I'm too lazy to do research.
- Meals:
 - Breakfast: Say you buy a jar of jam and loaf of bread which last you for a week ($5 in total). So that's about $0.70 for a breakfast. Let's round it up to $1. With a cup of home-made or hawker coffee, it will be another $1 so total $2.
 - Lunch: Economical rice at a hawker centre ($3).
 - Dinner: Again, economical rice or equivalent (for god's sake).. $3.
 - In a month, that's $8 times 30 days = $240 per month (and this is without buying any drinks!)
 - Shelter (or parents' allowance):
 - Rent a small room for $500 with utilities and WiFi included (but no air-con). I think it can even be cheaper if you stay in a remote location such as Woodlands or Jurong.
 - -Or- Live with parents either for free or give them some allowance.
 - Transport:
 - $100 for ez-link per month (based on my expenditure before I bought a car).
 - No private transport.
 - Healthcare:
 - Referring to the premium table here, the Medishield Life premium is only $6 monthly for a young adult in the lower-middle income group.
 - I also assume here you get illnesses and ailments such as headaches, fever, and cold occasionally, so another $5 per month on average to buy pills (DIY cure).
 - Dental checkup every 6 months: For a typical polyclinic visit, it costs $45 so that's ~$8 per month.
 - $10 haircut in one of those express shops every 2 months, so that's $5 per month.
 - Phone plan:
 - I will just include this since in this modern age, almost everyone needs a smartphone in a developed country. How can you not own one when the workers and aunties own one each?
 - Say $20 for a SIM-only plan with 3 GB data.
 - Gadgets:
 - Say you need a laptop and mobile phone and you can only use them for 4 years max.
 - Assume $2000 per 4 years so that's about $42 per month.
 - Clothes:
 - Say you spend $120 a year on clothes on average so that's $10 per month amortised. You'd need at least some decent clothes in this judgmental and superficial world, especially in certain industries.
 - Entertainment:
 - Assume all the entertainment is derived from your mobile phone and laptop.
 - Groceries and necessities:
 - Assume $5 per month for shampoo, toothpaste, etc. (amortised)
 
So in total you'd need $941 per month for a really frugal and financially disciplined lifestyle! Wow! I thought it'd be even lower.
One can probably even reduce this further by cooking meals yourself, DIY haircut, etc.
Mine is 250-300% of this inclusive of owning a car. 
Additional things to sweeten your life that were left out above:
- Vacations
 - Better entertainment such as movies
 - Occasional splurges on food and transport
 
How do YOU compare to this?
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