← Back to the blog

But when it comes to real value, the better question is not just “How much does the phone cost today?” It is “How much will I pay overall?”

That is where total cost of ownership matters.

Instead of looking only at the handset price or monthly fee on its own, total cost of ownership helps customers compare the full picture over the contract period. This includes the monthly subscription, upfront phone price, any new line or port-in savings, and the overall amount paid across 24 months.

Total cost of ownership (TCO) is the total amount you pay over your contract period, usually 24 months. It includes:

Looking at TCO helps you compare the real cost, not just one part of the plan.

No, a SIM Only plan is not always cheaper than a phone plan. 

While SIM Only plans usually have lower monthly fees, phone plans can offer lower total cost over 24 months due to discounted device prices and sign-up promotions.

SIM Only plan

Best if you:

You can choose upgrade your device any time, either purchasing upfront or through instalments.

Phone plan

Best if you:

For new phone upgrades, phone plans often provide better overall savings.

Phone plans can give you better overall savings, find out more of your latest deals here.

For example, a SIM Only plan may have a lower monthly subscription, but that does not always mean it costs less overall.

Here’s a simplified comparison using a premium smartphone:

Total savings with phone plan: $372

Savings calculations for the Google Pixel phone are accurate as of 30 May 2026. Terms and conditions apply.

Even though the monthly fee is higher, the phone plan costs less overall due to lower device pricing and promotions.

This is why total cost of ownership is a more useful comparison than looking at just one number. Instead of focusing only on the monthly subscription or the handset price, customers should compare the monthly fee, upfront phone price, port-in savings and 24-month ownership cost side by side to see which option delivers better value overall.

Want to see how this works for other plans? Explore phone plan comparisons to compare total cost, upfront savings and bundled value.

Before choosing a plan, compare these 5 key factors:

1. Monthly subscription

Look beyond price — check data, roaming, the quality of the connectivity and benefits included.

2. Upfront phone price

A lower upfront cost can significantly reduce total spend.

3. Promotions and savings

Port-in deals and new line offers can reduce your total cost.

4. Total cost over 24 months

This is the most important number — it reflects what you actually pay.

5. Overall value

includes 5G+ network which gives you up to 4Xfaster speeds and a secured network and the balance of: ​
 

Choose a SIM Only plan if you:

You can choose to upgrade your device any time, either purchasing upfront or through instalments.

Choose a Phone plan if you: ​

Phone plans can give you better overall savings, find out more of your latest deals here.​

With premium smartphones becoming more expensive, focusing only on the upfront price can lead to higher spending in the long run.

Comparing total cost of ownership ensures you:

Is SIM Only always cheaper than contract plans?

No. SIM Only plans have lower monthly fees, but contract plans can be cheaper overall when device discounts and promotions are included.

What is the best way to get a new phone in Singapore? ​

There are many ways to get a new phone, but Singtel Phone plans provides you with reliable network quality, great value bundled in your plan, and additional device discounts and promotions.

Should I buy a phone upfront or with a plan?

Buying upfront gives flexibility, but getting a phone with a plan can reduce total cost due to subsidies and savings.

How do I find the best mobile plan?

Compare total cost of ownership, not just monthly fees or phone price. Look at all costs over the contract period.

If you are comparing plans, these are useful next steps:

Start comparing plans to find the best value for your needs today.