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Originally published by The Standard BusinessJuly 1, 2026
5h ago
Singapore, Sydney most expensive cities to restart your life - report

A new report on relocation costs found that restarting your life in major cities like Singapore requires over $10,500 (Sh1.4 million) to cover rent deposits...
✨ Key Highlights
Singapore and Sydney have been identified as the most expensive cities globally for individuals looking to restart their lives, requiring over $10,500 (Sh1.4 million) and approximately $500 less respectively, according to a report by Atmos.
- The primary cost is housing, with security deposits and first month's rent consuming a significant portion of the upfront funds needed for relocation.
- The study by Atmos analyzed rent and living expenses in 35 major cities with high safety indices to determine the financial barrier to starting over.
- Nick Cooke, Chief Executive of Atmos, highlighted the "hidden tax" of security deposits which can lock out individuals with steady incomes but limited savings.
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