Cost of living and prices in Colombo, prices of food, rent, shopping, etc. 🇱🇰
Updated Jul 2023

Discover the cost of living in Colombo, Sri Lanka's bustling capital city nestled in Southern Asia. With a growing population of 752,993 inhabitants, this vibrant destination boasts an abundance of cultural landmarks, pristine beaches, and scenic landscapes.

Explore the rich history of Colombo through its numerous temples and museums, indulge in local cuisine and shopping at bustling street markets, or simply relax on the golden shores of Mount Lavinia Beach. Despite its popularity among tourists, Colombo offers a cost-effective alternative to other major cities, making it an ideal destination for expats and budget-minded travelers alike.

Experience the unique blend of colonial charm and modern convenience at an affordable cost in Colombo, where you can enjoy the best of both worlds.

Cost of Living Estimate in Colombo

Total cost of living in Colombo for two person with average consumption for one month will be 459.79 USD, no rent price included. Click here to calculate cost-of-living estimate in Colombo

You can calculate cost of living in Colombo by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Colombo, Sri Lanka, offers a diverse range of dining options for travelers, from trendy cafes and food markets to high-end restaurants. For those interested in trying local cuisine, there are plenty of options to choose from, including street food stalls, traditional curry houses, and seafood restaurants. Some of the popular dishes to try include hoppers, kottu roti, and string hoppers. Many of the restaurants in Colombo also offer international cuisine, including Italian, Chinese, and Japanese, making it easy for visitors to find something to suit their taste.

If you are looking for a unique dining experience in Colombo, there are several options to consider. For example, you could try a sunset dinner cruise along the coast, enjoying Sri Lankan delicacies while taking in the beautiful views of the Indian Ocean. Or, you could visit one of the many rooftop restaurants in the city, where you can feast on delicious food while enjoying stunning city views. Some of the restaurants even offer live music and entertainment, making for an unforgettable dining experience in Colombo.

Meal in Inexpensive Restaurant
1.55 $
Meal for 2 People, Mid-range Restaurant, Three-course
18.08 $
McMeal at McDonalds or Alternative Combo Meal
5.00 $
Domestic Beer, 0.5 liter Draught
1.55 $
Imported Beer, 0.33 liter Bottle
2.84 $
Cappuccino
2.26 $
Coca-Cola, 0.33 liter Bottle
0.57 $

Markets prices

Colombo, the bustling capital city of Sri Lanka, is home to a vibrant and diverse marketplace where locals and visitors can find almost anything they're looking for. From fresh produce to high-end boutiques, the city's markets offer a wide range of goods and services to suit every budget. Market prices in Colombo can vary depending on the season, demand, and supply. However, even during high tourist season, the market is still affordable for many locals.

While the prices in Colombo are generally reasonable, some items may be more expensive than others due to import taxes and other economic factors. However, bargaining is a common practice in the city's markets, and visitors are encouraged to negotiate prices to get a good deal. Overall, Colombo's market prices are competitive and reasonable, making it an excellent destination for budget-conscious travelers and locals alike.

Water, 0.33 liter Bottle
0.24 $
Milk, Regular,1 liter
1.24 $
Loaf of Fresh White Bread, 0.5 kg
0.39 $
White Rice, 1 kg
0.59 $
Eggs, 12 pack
1.33 $
Local Cheese, 1 kg
13.04 $
Chicken Breasts, Boneless and Skinless, 1 kg
3.15 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
5.68 $
Apples, 1 kg
2.61 $
Banana, 1 kg
0.97 $
Oranges, 1 kg
2.48 $
Tomato, 1 kg
0.86 $
Potato, 1 kg
0.96 $
Onion, 1 kg
0.86 $
Lettuce, 1 head
0.86 $
Water, 1.5 liter Bottle
0.42 $
Bottle of Wine, Mid-Range Price
9.43 $
Domestic Beer, 0.5 liter Bottle
1.70 $
Imported Beer, 0.33 liter Bottle
2.26 $
Pack of Cigarettes
7.23 $

Transportation prices

Colombo, the capital of Sri Lanka, is a bustling and vibrant city that offers several transportation options for tourists. One of the best ways to explore the city is by tuk-tuk, a motorized rickshaw that can weave through the chaotic traffic and narrow streets with ease. Tuk-tuks are also perfect for short distances or when you need to get somewhere quickly. Alternatively, buses are a cheap and efficient way to travel around the city, but they can be overcrowded and uncomfortable during peak hours. If you're in the mood for a more leisurely ride, hire a bicycle or a scooter to explore the city at your own pace.

Another unique mode of transportation in Colombo is the train. The city is connected to several key destinations throughout the country, including the hill country and coastal towns. Taking the train is not only a convenient way to get around Sri Lanka but also offers stunning views of the lush countryside and ocean. In addition, the new Southern Expressway has significantly cut down travel time between some cities, making it a great option for those who prioritize speed and comfort. No matter which transportation option you choose, exploring Colombo is an unforgettable experience that should be on everyone's travel bucket list.

One-way Ticket, Local Transport
0.13 $
Monthly Pass, Regular Price
7.75 $
Taxi Start, Normal Tariff
0.26 $
Taxi, price for 1 km, Normal Tariff
0.26 $
Taxi, price for 1 hour Waiting, Normal Tariff
0.62 $
Gasoline, 1 liter
0.74 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
31,000.33 $

Utilities Per Month prices

When traveling to Colombo, it's important to be aware of the utility costs in the city. While some utilities such as water are relatively affordable, others such as electricity can be quite expensive. Keep in mind that many accommodations may include these utilities in the overall cost, but for those staying in rented apartments or homes, expect to pay for these separately.

In addition to typical utilities, it's worth noting that the cost of internet and mobile phone service in Colombo is relatively low compared to Western countries. This can make it a great destination for digital nomads or travelers who need to stay connected. Many cafes and restaurants also offer free Wi-Fi, making it easy to stay online while exploring the city. Be sure to research different providers and plans to ensure you're getting the best deal and coverage for your needs.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
57.61 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.01 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
17.64 $

Sports And Leisure prices

Colombo, the bustling capital of Sri Lanka, offers plenty of options for sports and leisure enthusiasts. The city has numerous sports complexes, gymnasiums, and parks that offer activities such as tennis, basketball, football, and cricket. Visitors can join group fitness classes such as yoga, Pilates, and aerobics at the numerous gyms and studios dotted around the city. The locals love playing cricket and football, so it's easy to find a game to join or cheer on. Colombo also has a vibrant nightlife scene with plenty of entertainment options, including nightclubs, bars, and restaurants that offer live music and DJ sets.

Sri Lanka is famous for its beaches, and Colombo is no exception. Beach sports such as volleyball and Frisbee are popular among locals and tourists alike. Water sports such as surfing and windsurfing are also popular in Colombo, as well as boating and fishing trips. For those who prefer indoor sports, they can try their hand at bowling, table tennis, and snooker. The city also has many cultural attractions such as museums, historic temples and churches, and art galleries for those who prefer a more laid-back leisurely experience. With so many options available, Colombo is an ideal destination for anyone looking to combine sports and leisure on their travels.

Fitness Club, Monthly Fee for 1 Adult
16.36 $
Tennis Court Rent, 1 Hour on Weekend
5.98 $

Salaries And Financing prices

Colombo, the capital city of Sri Lanka, boasts a diverse range of job industries across various sectors. With the continuous development of businesses, comes an increase in salaries and financing opportunities for residents. The cost of living in Colombo is relatively affordable compared to other major cities in the world, providing expats and locals with a comfortable lifestyle. Financial institutions like banks, insurance companies, and investment firms are growing in numbers, making it an ideal destination for finance professionals. The presence of a thriving business ecosystem promises bright prospects for the financial and salaried workforce in Colombo.

The salary brackets in Colombo vary across industries, with tourism, hospitality, and IT being the most lucrative. The city has become a hub for IT talent, leading to numerous job opportunities in the sector. The tourism and hospitality industry contribute significantly to Sri Lanka's economy with a high demand for skilled professionals. With proper certification and experience, one can expect to earn a decent salary. Small and medium enterprises have also risen in popularity, accounting for the creation of numerous jobs. In Colombo, attaining financial stability and success is attainable due to the available resources, be it through starting a business, pursuing a career or investment opportunities.

Cinema ticket, 1 Seat
4.13 $
Average Monthly Net Salary, After Tax
291.86 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
13.77 %

Childcare prices

When it comes to childcare prices in Colombo, Sri Lanka, parents can find a range of options to fit their budget. Schools and Kindergartens are popular choices for parents seeking structured care for their children. These establishments offer educational programs and activities for children, helping them develop important cognitive and social skills.

Some schools and Kindergartens in Colombo may be more expensive than others, depending on factors like location, facilities, and curriculum. However, it is possible to find affordable options without sacrificing quality of care. Parents should consider their child's needs and their own budget when selecting a childcare provider, and should research different options to find the best fit for their family.

Private Preschool or Kindergarten, Monthly for 1 Child
55.62 $
International Primary School, Yearly for 1 Child
1,084.11 $

Clothing And Shoes prices

Colombo is a vibrant city where you can find affordable and high-end clothing options. There are several famous shopping malls and local markets where you can purchase clothing and shoes at competitive prices. If you are looking for trendy western outfits and accessories, then you should visit Odel, House of Fashions, or Cotton Collection. These shopping malls offer a variety of clothing styles for men, women, and children. In contrast, if you want to shop for traditional Sri Lankan outfits like saris, sarongs, and batik clothes, then Pettah and Majestic City are the places for you.

When it comes to footwear, Colombo offers an excellent selection of shoes. From fancy stilettos and sandals to casual flip-flops and sneakers, you can find them all in the city. There are several branded shoe stores like Bata, Clarks, and Nike, where you can get formal and sports shoes. However, if you wish to purchase shoes at an affordable price, you should explore local markets like Galle Face Green and Pettah. These markets offer a vast collection of shoes at reasonable prices. Additionally, street vendors often sell sandals and other footwear items made of hand-woven materials, which are unique and perfect for summer wear.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
26.73 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
19.54 $
Pair of Running Shoes, Mid-Range Price
54.76 $
Pair of Leather Business Shoes
28.38 $

Rent Per Month prices

Colombo, the vibrant capital city of Sri Lanka, offers a variety of short rent and stay options to choose from. Whether you are a solo traveler or with a group, you can find a perfect place to stay that suits your budget and requirements. From luxury hotels to budget-friendly guesthouses and homestays, Colombo has something for everyone.

Apart from hotels and guesthouses, you can also opt for short-term apartment rentals that offer a more homely experience. These apartments come in various sizes and are perfect for families and groups who prefer a little more privacy and flexibility. Additionally, you can also find many short-term serviced apartments that provide hotel-like amenities and services. The prices of these options vary depending on location, type of accommodation, and the facilities provided. Overall, Colombo offers many affordable short-rent and stay options that allow you to explore the city without breaking the bank.

One bedroom apartment in city centre
419.14 $
One bedroom apartment outside of city centre
166.20 $
Three bedroom apartment in city centre
1,079.77 $
Three bedroom apartment outside of city centre
358.44 $

Buy Apartment prices

Colombo, the commercial capital of Sri Lanka, is an increasingly popular destination for real estate investment. It offers a range of buying options, from apartments to luxury villas, to cater to different needs and budgets. Apartment complexes with modern amenities and spacious living areas are available in some of the prime locations of the city. High-end villas with private pools and ocean views offer a luxurious living experience for those looking for extravagance. Whether you're a first-time buyer or an investor, you can choose from a diverse range of real estate options that cater to your preferences.

While prices of real estate in Colombo are on the rise, it still remains relatively cheaper than many other Asian cities that offer comparable facilities. The real estate market in Colombo is growing rapidly, and investment in property here can offer you a good return on investment. The city's infrastructure and its offerings in terms of facilities, such as schools, hospitals, and shopping complexes, are also developing at a fast pace. Colombo's potential as a destination for tourists and investors alike makes it a promising location for real estate buyers who wish to take advantage of its growth potential.

Price per m2 to Buy Apartment in City Center
2,693.26 $
Price per m2 to Buy Apartment Outside of City Center
1,272.88 $