Wtf are you talking about? I've lived there for over a year and life was great, cheaper rent than europe and much cheaper food and essentials... only drinks and cigarettes were expensibe (just pick them up at the airport on the way back from the Bali or Thailand weekends
From wikipedia:
- Singapore possesses the world's tenth largest foreign reserves.[53][54]
- Singapore's economy has been ranked amongst the world's ten most open,[56] competitive[57] and innovative.[58][59]
- Singapore is rated the most business-friendly economy in the world.[60][61]
- he percentage of unemployed economically active people above age 15 is about 2%.[64]
- Poverty levels are low compared to other countries in the region. The government provides cheap housing and financial assistance to poorer people.[65]
http://en.wikipedia.org/wiki/Singapore