Cost of Living in Colombo, Sri Lanka

Summary: The cost of living in Colombo, Sri Lanka is generally considered to be quite affordable. A nice 1 bedroom apartment in Colombo can cost anywhere from $400 to $800 per month, while a nice 2 bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Colombo is usually around $10 to $15 per person.

Is the cost of living in Colombo high?

We asked people how much they someone comfortably live on in Colombo, they wrote:

"The cost of living in Colombo is generally considered to be quite affordable. Basic necessities such as food, transportation, and utilities are relatively inexpensive, while housing costs can vary depending on the area. Eating out at restaurants is also relatively affordable, with a meal for two people costing around $15 USD. Overall, Colombo is a great place to live for those looking for a low cost of living," said one expat in Colombo.

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Will I save money living in Colombo?

"Living in Colombo can be significantly cheaper than living in the United States. The cost of living in Sri Lanka is much lower than in the US, with basic necessities such as food, transportation, and housing being much more affordable. Additionally, the cost of entertainment and leisure activities is also much lower in Sri Lanka than in the US. As a result, living in Colombo, Sri Lanka can be a great way to save money compared to living in the United States," remarked one in Colombo.

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What is the average cost of housing in Colombo?

If you are thinking about moving to Colombo, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Colombo varies depending on the location and type of property. Generally, the average cost of a one-bedroom apartment in the city center is around $1,000 per month, while a three-bedroom apartment in the suburbs can cost around $1,500 per month. Prices for larger homes and villas can range from $2,000 to $4,000 per month," remarked one expat in Colombo.

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What are typical rental prices for expats in Colombo?

"The rental price for a nice 1 bedroom apartment in Colombo can range from around $500 to $1,000 per month, depending on the location and amenities. A nice 2 bedroom apartment in Colombo can range from around $800 to $1,500 per month, again depending on the location and amenities," commented one expat who moved to Colombo.

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What appliances are typically included in a rental?

We asked foreigners in Colombo what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Colombo typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Other common appliances may include a microwave, dishwasher, and water heater. Furniture may also be included in the rental, such as beds, sofas, and tables," wrote an expat living in Colombo.

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Cost of Living in Colombo, Sri Lanka

Is the cost of living in Colombo high?

Will I save money living in Colombo?

What is the average cost of housing in Colombo?

What are typical rental prices for expats in Colombo?

What appliances are typically included in a rental?

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