Cost of living and prices in Sri Lanka, prices of food, rent, shopping, etc 🇱🇰 Updated Jul 2023
Sri Lanka, situated in Southern Asia and bordered by India, is a beautiful island nation known for its stunning beaches, ancient temples, and rich cultural heritage. With an area of 65,610 square kilometers and a population of over 21 million people, Sri Lanka is a diverse and vibrant country that offers something for everyone. Despite its relatively small size, Sri Lanka has a rapidly growing economy, thanks to its thriving tourism industry, agricultural exports, and emerging technology sector. The country's GDP is $65.12 billion, and the average per capita income is $3027. Sri Lanka's official languages are Sinhalese and Tamil, and its currency is the Sri Lankan rupee. With its unique blend of natural beauty, cultural heritage, and economic growth, Sri Lanka is a fascinating and rewarding place to visit, live, or do business.
Cost of Living Estimate in Sri Lanka
You can calculate cost of living in Sri Lanka by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
If you're looking for some unique dining experiences in Sri Lanka, be sure to try out the local street food. From hoppers (a fermented rice and coconut milk pancake) to kottu roti (a dish made of shredded roti pancakes, vegetables, egg, and/or meat), the street food in Sri Lanka is delicious and affordable. You can find these treats being sold by vendors all over the country, and they are a great way to get a taste of the local cuisine while also saving some money.
For those who prefer a sit-down meal, Sri Lanka has plenty of restaurants to choose from. Many of these restaurants offer traditional Sri Lankan dishes, as well as international cuisine. Seafood is especially popular in Sri Lanka, with many restaurants serving fresh fish and seafood dishes. Vegetarians will also have plenty of options, as many Sri Lankan dishes are vegetarian or can be easily made vegetarian. The ambiance of these restaurants can vary, from upscale and modern to relaxed and casual, so there really is something for everyone.
Market prices in Sri Lanka can vary greatly depending on the product and location. Fresh fruits and vegetables tend to be relatively inexpensive, especially when purchased from local farmers or markets. On the other hand, imported goods like electronics or luxury items may come with a high price tag due to tariffs and taxes imposed by the government.
The tourism industry has also had an impact on market prices in Sri Lanka. In tourist hotspots like Colombo or Ella, prices for food, accommodations, and souvenirs may be higher compared to other areas. However, with the ongoing pandemic and limited travel, some prices have decreased as businesses struggle to stay afloat. Overall, it's important to do your research and compare prices before making a purchase in Sri Lanka.
Sri Lanka offers a variety of transportation options for travelers. One of the most popular ways to explore the country is by train. The scenic train rides offer breathtaking views of lush green hills, tea plantations, and picturesque villages. The trains are affordable, comfortable, and run on time. There are three main rail lines that run across the country, connecting popular destinations like Colombo, Kandy, Ella, and Nuwara Eliya. The ride from Kandy to Ella is one of the most awe-inspiring journeys, taking you through mountains, forests, and waterfalls.
Another transportation option that is worth exploring in Sri Lanka is tuk-tuks. These three-wheeled vehicles are ubiquitous on the streets, and they offer easy and quick access to city and town centers. Tuk-tuks are affordable and can be fun for short rides around town. They are also a great way to navigate through crowded streets in cities like Colombo and Kandy. However, it's important to note that tuk-tuks are not the most comfortable or safe mode of transportation for long journeys or rural areas, as they can be bumpy, noisy, and lack seat belts.
Utilities Per Month prices
When traveling to Sri Lanka, it's important to keep in mind that utilities costs can vary greatly depending on the region you are in. Generally speaking, rural areas tend to have lower costs for electricity and water, while urban areas may be more expensive. It's also worth noting that Sri Lanka has experienced power outages in the past, so it may be a good idea to have a backup plan in case of extended blackouts.
If you're planning a long-term stay in Sri Lanka, it's important to factor in utilities costs into your budget. In addition to electricity and water, you may need to pay for gas if your accommodation has a stove or oven. Many apartments and homes come furnished with a washing machine, but you will need to pay for the water and detergent to use it. It's also worth noting that air conditioning can be quite expensive, so it might be worth investing in a fan instead or finding accommodation with natural ventilation.
Sports And Leisure prices
Sports and leisure activities in Sri Lanka offer a plethora of options for travelers looking to unwind and stay active. Cycling, snorkeling, surfing, and rafting are just a few of the outdoor activities available at various locations on the island. For those seeking more traditional sports, cricket and rugby are popular national pastimes that can be spectated at local matches. Additionally, yoga and meditation retreats provide an opportunity for travelers to rejuvenate their mind and body while enjoying the lush landscapes of Sri Lanka.
When it comes to leisure activities, Sri Lanka offers a rich cultural experience. Travelers can enjoy local cuisine and culinary tours, visit historic temples and monuments, and participate in traditional festivals and ceremonies. The country boasts a variety of wildlife sanctuaries that allow visitors to observe exotic species such as elephants and leopards in their natural habitats. For those seeking a more relaxed experience, spa treatments and beach resorts provide the ultimate indulgence. With so much to choose from in terms of sports and leisure activities, Sri Lanka is the perfect destination for travelers seeking adventure and relaxation alike.
Salaries And Financing prices
Salaries in Sri Lanka can vary greatly depending on the industry and location. On average, salaries in Sri Lanka are lower compared to countries like the US and Europe. However, the cost of living in Sri Lanka is relatively low, so expats and travelers can enjoy a good standard of living with lower expenses. Like many other countries, the highest paying jobs tend to be in sectors such as finance, IT, and healthcare. That being said, there are also plenty of opportunities for those looking to teach English or work in the tourism industry, with decent salaries and benefits. Overall, the earning potential in Sri Lanka is not as high as in some other countries, but the low cost of living makes it an attractive option for many who are looking to live or travel on a budget.
When it comes to financing in Sri Lanka, the country is still largely a cash-based society, although digital payments are becoming increasingly popular. ATMs are readily available, but it's important to note that some smaller shops and restaurants may only accept cash. Credit cards are accepted at many larger establishments, especially in major cities like Colombo and Kandy. It's a good idea to bring a mix of cash and cards when traveling in Sri Lanka, but be sure to inform your bank and credit card companies of your travel plans beforehand to avoid any issues with fraud alerts. Another thing to keep in mind is that the Sri Lankan rupee is a closed currency, meaning it can only be exchanged in the country itself. It's best to exchange currency at official banks and exchange offices, as street vendors may offer poorer exchange rates.
When it comes to childcare in Sri Lanka, parents may find themselves facing a range of costs depending on the quality and location of the school or kindergarten they choose. There are many schools that offer a variety of programs catering to different age groups, from infants to toddlers and beyond. However, these programs vary in price and can range from affordable to quite expensive. Parents should carefully consider their budget and the quality of care they want for their child when choosing a facility.
For those looking for more affordable options, there are several kindergartens and pre-schools available in Sri Lanka. Many of these facilities offer programs that focus on a child's early development and education, along with supervised play and social opportunities. These centers generally have lower pricing than the larger schools and can be a great way to get your child started on their educational journey. However, parents should be sure to do their research and ensure the quality of care is up to their standards before enrolling their child.
Clothing And Shoes prices
When it comes to clothing and shoes, Sri Lanka has a wide range of prices to suit all budgets. From high-end designer brands to local street markets, you can find everything at various price points. If you are looking for affordable clothing or shoes, consider visiting street markets or outlet stores where you can find great deals. If you are interested in designer clothing, there are high-end malls that cater to those with a larger budget.
When shopping for clothing and shoes in Sri Lanka, it's important to keep in mind the quality of the items you are buying. There are items sold at very low prices that might be of lower quality, so it's essential to examine the product before purchasing. Some popular places to shop include Odel, House of Fashion, and the Pettah Market. These shopping centers offer a variety of styles and options, so you are sure to find something that fits your taste and budget.
Rent Per Month prices
If you're planning a trip to Sri Lanka, short-term rental options may be something you'll want to consider. From homestays and apartments to cozy guesthouses and luxury villas, there's something for everyone when it comes to short-term accommodations in Sri Lanka. Short stays are popular in Sri Lanka and most properties offer nightly or weekly rates. For a more budget-friendly option, homestays and apartments offer comfortable lodging at an affordable price. For those looking for a little more luxury, villas and guesthouses offer more space and amenities.
Many short-term rental options in Sri Lanka are located in popular tourist areas. From the bustling city of Colombo to the serene beaches of the south coast, you're sure to find the perfect location for your stay in Sri Lanka. Whether you're traveling solo or with a group, there are plenty of options to choose from. And because prices vary depending on the type of accommodation you choose and the location, you can find an option that fits your budget and travel style. This flexibility and variety make short-term rentals a great option for those looking for a unique and personalized experience in Sri Lanka.
Buy Apartment prices
Sri Lanka is a tropical paradise that's become increasingly popular with foreign investors interested in buying real estate in Asia. There are various options available for those looking to purchase property here, ranging from luxurious beachfront villas to affordable apartments in the city. As with any country, prices vary depending on the location, type of property and other factors such as amenities and finishes. Sri Lanka's real estate market is still relatively affordable compared to other destinations in the region, making it an attractive option for those looking to make a solid investment.
For those interested in buying property in Sri Lanka, there are numerous factors to consider. Proximity to the beach or other tourist hotspots can influence prices significantly. Similarly, properties in more established neighborhoods or areas with robust infrastructure may be more expensive than those in up-and-coming areas. While prices have steadily risen in recent years, there are still many affordable real estate options available, especially if you're willing to invest some time and effort in searching. Overall, buying property in Sri Lanka is a sound investment, but it's crucial to do your research and work with a reputable real estate agent who can guide you on your journey.