Singapore is definitely one of Asia’s jewels, and those who are expecting a police state are always surprised when they actually arrive. This city is definitely a bit more expensive than places like Bangkok or Saigon, but you do get a lot for the extra cost and it’s still fairly cheap by general Western standards.
Hotels in Singapore do tend to be a bit pricey, especially those with central locations, but lately quite a few hostels have opened up to help the budget traveler manage, most having private rooms as well as dorms.
Food in Singapore is one of the main highlights, with its famous hawker stalls all over the city preparing excellent and generous meals for a very low cost, in very sanitary conditions. Drinks can be a bit expensive by Asian standards, but happy hour bargains can be found.
Transportation is cheap and most of the attractions are cheap or free, so really once you arrive and find a hotel you can afford then it’s possible to have a great time without spending much more, unless, of course, you’ve come mainly to shop.