In 2025, the Singapore Government will once again provide a Cost of Living (COL) Payment to help citizens manage everyday expenses. This one-off cash payout, ranging from $200 to $400, is part of the government’s broader support package to cushion the impact of inflation and rising prices.
Purpose of the COL Payment
The COL Payment is designed to:
- Provide direct financial relief to Singaporeans facing higher living costs.
- Support lower- and middle-income households most affected by inflation.
- Supplement other assistance schemes like CDC Vouchers and U-Save rebates.
Who Is Eligible?
Eligibility is based on factors such as income, property ownership, and citizenship.
| Criteria | Details |
|---|---|
| Citizenship | Must be a Singapore citizen |
| Age | 21 years and above in 2025 |
| Income | Assessable income of not more than $100,000 in 2024 |
| Property Ownership | Must not own more than one property |
Payout Amounts for 2025
The amount you receive depends on your income and property ownership.
| Income / Property Status | Payout |
|---|---|
| Lower-income citizens (≤$34,000 income, 1 property) | $400 |
| Middle-income citizens ($34,001–$100,000 income, 1 property) | $200 |
| Citizens owning more than 1 property | Not eligible |
How and When Will It Be Paid?
- Payment Mode: Directly credited to bank accounts linked to PayNow NRIC or via cheque if no PayNow is registered.
- Payout Date: Scheduled for mid-2025 (exact month announced closer to the date).
- No Application Needed: Eligible recipients are automatically identified.
Why This Matters
With rising food, transport, and utility costs, the COL Payment offers:
- Immediate relief for daily expenses.
- Cash flexibility – unlike vouchers or rebates, the payout can be used for any essential needs.
- Fair targeting – higher payouts go to those with lower incomes.
Quick Overview Table
| Detail | Information |
|---|---|
| Scheme Name | Cost of Living (COL) Payment 2025 |
| Amount | $200–$400 |
| Frequency | One-time payout |
| Eligible Group | Singapore citizens aged 21+ |
| Payment Mode | PayNow NRIC or cheque |
| Official Source | Gov.sg |
FAQs
Q1: Can PRs or foreigners get the COL Payment?
A: No, it is only for Singapore citizens.
Q2: Do I need to sign up?
A: No, payouts are automatic for eligible citizens.
Q3: Can I choose how to use the payout?
A: Yes, it is cash credited directly to you.