Statement:
In South Korea, people spend more of their household budget on food and non-alcoholic beverages than in Singapore

In the Where households spend more on food rating South Korea holds position #112 ²⁰²¹ out of 138 and Singapore is #137 out of 138 ²⁰²¹.
Position of South Korea is worse than position of Singapore.
Singapore is an outsider of the "Where households spend more on food" rating. People spending a small part of their budget on food indicates a high standard of living, compared to South Korea

Referencies:

1. Where households spend more on food ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.

   Singapore	'% of household budget for food and non-alcoholic beverages' value is	6.82
   South Korea	'% of household budget for food and non-alcoholic beverages' value is	15.45