Cost of Living in Colombo, Sri Lanka
Colombo is Sri Lanka's commercial capital offering tropical living, beautiful beaches nearby, and very affordable costs after the recent currency devaluation.
Cost Breakdown
| Category | Monthly Cost (USD) |
|---|---|
| 1BR Apartment (City Center) | $350 |
| 1BR Apartment (Outside Center) | $200 |
| Inexpensive Restaurant Meal | $2 |
| Mid-Range Restaurant (2 people) | $8 |
| Monthly Transit Pass | $12 |
| Utilities (Electricity, Water, etc.) | $35 |
| Internet (60 Mbps+) | $12 |
| Groceries (Monthly) | $100 |
| Total Estimated Monthly Cost | $569 |
Tips for Living in Colombo
- Currency devaluation makes it cheap for foreigners
- Colombo 3 and 7 are the best expat areas
- Rice and curry meals cost under $2
Planning to Move to Colombo?
Save money on your relocation with these essential tools for expats and digital nomads.
Compare Colombo With Other Cities
See how Colombo stacks up against other popular destinations in asia and beyond.
Frequently Asked Questions
How much does it cost to live in Colombo?
The estimated monthly cost of living in Colombo is approximately $569 USD, including rent ($350 for a 1BR in city center), groceries ($100), utilities ($35), and a monthly transit pass ($12).
How much is rent in Colombo?
Rent in Colombo ranges from $200/month (outside city center) to $350/month (city center) for a one-bedroom apartment.
Is Colombo safe to live in?
Colombo has a safety index of 55/100. Safety is moderate — standard urban precautions are advised.
What is the average salary in Colombo?
The average monthly net salary in Colombo is approximately $450 USD. Cost of living at ~$569/month means the ratio is tight for locals.