A couple aged 65 and above would need $2,351.
In defining a basic standard of living, participants went beyond housing, food and clothing, to include opportunities to education, employment, work-life balance and healthcare. It should also enable a sense of belonging, respect, security and independence and include freedom to participate in social activities, and engage in one's cultural and religious practices.
The list, said researchers, reflected the norms and values held by Singaporeans today.