Singapore households are earning more than ever before, with the latest General Household Survey showing that nearly one in seven resident families now brings in at least $30,000 a month. Median household income has also reached a record high after accounting for inflation.

But do rising incomes mean Singaporeans are actually better off? Or are higher salaries simply keeping pace with rising costs? And as investment income becomes a larger source of household wealth, what do these trends reveal about inequality and Singapore's economic future?

On The Big Story, Hongbin Jeong speaks with Terence Ho, Executive Director and Associate Professor (Practice) at the Institute for Adult Learning, Singapore University of Social Sciences, and Nominated Member of Parliament, to find out more.

Singapore households are earning more than ever before, with the latest General Household Survey showing that nearly one in seven resident families now brings in at least $30,000 a month. Median household income has also reached a record high after accounting for inflation.
But do rising incomes mean Singaporeans are actually better off? Or are higher salaries simply keeping pace with rising costs? And as investment income becomes a larger source of household wealth, what do these trends reveal about inequality and Singapore's economic future?
On&nbsp;The Big Story, Hongbin Jeong speaks with Terence Ho, Executive Director and Associate Professor (Practice) at the Institute for Adult Learning, Singapore University of Social Sciences, and Nominated Member of Parliament, to find out more.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.