When we consider transport facilities, it varies around the city. Bus fares are quite reasonable. They were constantly increasing but eventually it has come down and it is ok now. Other than that there are three wheelers which are little bit expensive but not bad.
im thinking to settle in Colombo, starting a small business. as i see above a decent life itll costs about 1500 $/month. How about renting a small place for running a company, something big enough for 3-4 desks (300-350 sq ft)? Raul
From a foreigner's angle what Adam from Perth says is useful.You'd better follow him.The prices Aravinda gave are realistic.Why stay in Colombo?It's a noisy place.Within 20KMs from Colombo either on the Kandy road or Galle road you can get nice quiet accommodation for around Rs10000.Remember all over the world there are con men and con women.So use your brains.Recently i got tricked into parting away with $40 for a movie download site,[Moderated].Anyway i learnt a lesson from my $40.
aravinda.SL, Are these prices converted into estimated US dollars? thank for the post
The figures appear to be estimates, Brass - and also appear realistic. Checked some of them against what I spend on my household in Sri Lanka.
I too think $80 a day is way too high. Thanks to Adam for Perth and Aravinda for giving a more realistic estimate of living costs. Living in Colombo is generally more expensive. As suggested take a look at the suburbs.
And yes, I agree - private hospitals in Sri Lanka are a rip-off. Some of these "doctors" are merciless with their charges and tests. Having said that, there are still quite a number of good respectable doctors in the private sector who are not money minded. If you have to visit a consultant in a private hospital, make sure you ask around and get proper recommendations from friends and colleagues.
Yes the range of amounts you estimated appears reasonable to live comfortably. However, you should remember this is if you rent out houses in the suburbs and get used to the way we usually live in Sri Lanka. The amounts would go up if you wish to live near the city centre and need modern accomodation and comforts.
My folks live in Colombo 9 (known as Dematagoda), mainly because our family has lived in the same area for the past 70 years
All these posts arew very helpfull but only oriented to Colombo city dwellers. What about places like Bandarawela, and Newara Eliya (sp?), hill stations countryside villages. Whare are the countryside expat communities concentrated? I live in a small sacred Valley in Southern Ecuadorian Andes, Vilcabamba (Valley of Longevity and Synchronity to the Inca) with a population of about 5000-6000 and about 1500 expats, pretty amazing enclave. As can be expected, the costs here are far different from Quito, the capital city of Ecuador, and so is the quality of life one can enjoy. It is an hour to the nearest city, and 4 hours to a really big city. I am trying to guage costs of living in Sri Lanka Hill stations. Thankyou, and many blessings from Ecuador's Sacred Valley
I think you are quite foolish in your understandings of financial incomes, and I am here only to ensure you are not stupid and think you can live "decently" in SL and not like a dog in a cage like so many live in filth, sickness, and very inhumane ways. If you're in for cheap like those who go to Middle East nations, then so be it, but in SL it is very different.
You are either a Western Expat living from a lot of home money, or you live in (Asian) substandard ways trying to survive and keep for diseases.
One the "Average" wage of "Asians" living in UK?USA may fall low like $2400, but not citizens who work in real jobs and earn from $5,000 up to $15,000 and are still trying to make it.
The prices listed are very close to reality, so don't be misled if you aren't there yet, any planning for less will equal failure for self and business, and it still doesn't consider any business cost or equipment which will triple this figure.
I returned to USA just to refill my savings because cost absorbed all my money, so back to USA netting $1200 per week NET as an AVG American!
The only thing I can say is if you don't have a way to refill your bank accounts from another source, SL is not a country to go to for great financial gain! I can make more just be a nobody worker in USA then being a businessman in SL.
"hookra" is Quite true and i agree. Most of the people in Sri Lanka suffer this. Since average Sir Lankans local income is very low compared to the expense. In my case I earn around 150-250USD per month. Just for my babys diapers and milk powder cost 80usd. and for the food for me and my wife it takes around 60usd. Electricity bill 20USD water 10USD fuel for my Bike 30usd. If you total the values its above 150. So i have to add my wife's income also which is also not much. And extra expenses are not mentioned above. So for the savings its like 20USD from me and my wife.
> accommodation prices House Rent 200 $ - 500 for a foreigner House Rent 150$ for a local
> public transportation fares Transport fair for Train, Bus starts from - 0.10 $ per 1 Km Car rental per day begins from - 30 $ Car rental per month begins from - 390 $ Petrol 1 liter - 1.2 $ diesel 1 liter - 0.9 $
> food prices(per month, how much does it cost you?) Food for a month per 1 (cooking) - 150 $ 1 liter of milk - 1.5$ 1 Kg of Chicken - 4$ 12 pack of Eggs – 1.5$ A loaf of Bread - 0.5$ 1 Kg of Rice - 0.7 $ 1 L bottled water - 0.6 $
> health prices (for those who need medical insurance) Insurance -depends Doctor- 3$ Consultant – 10$ Government hospitals – free of charge
> Education prices (if you need to pay) government- free of charge international school –nursery per one year -2000 $ international school – Grade 1 per one year -2550 $ international school – Grade 10 per one year - 4135 $ (I checked only one school and did not compare it with another) > energy prices (oil, electricity) Electricity ( television, pc, a/c, household items ) - 47 $ to up Water for washing - 7 $ LP Gas (13.7Kg) - 18$
> common bills (Internet, television, telephone, mobile phone) Satellite Television ( per month ) - 27 $ Broadcast Television - free Internet ( unlimited ADSL connection / 1 mbps ) - 25 $ Mobile Phones - 20 $ onwards Prepaid Sim - 1 $ Gym ( per month) - 15$
> prices of a good menu in a traditional restaurant good menu in a restaurant - 7$-10 $
> prices of a beer and or a coffee in a regular pub Pack of cigarettes ( 20 cig. ) - 4.6 $ Beer (650ml Bottle) - 1.5 $ Local coffee - 0.25 $
> price of the cinema Movies / cinema - 3$-6$ Karaoke Clubs / Dance Clubs ( entrance ) - 10$-20$
>Services Nanny - 150$-200$ Gardener/labourer – 7$ per day
I would like to retire to where my pet iguana and wife would be happy to remain. Sri Lanka may be ideal due to your peoples love of wildlife. I will be over in Sri Lanka for a month long visit soon. I am 59 years of age and I am home owner with no mortgage and collecting a company pension and when I am 66 a State pension. Life in England is OK but very boring. I usually ski in the French Alps for a week or 2 in a cheap hostel in Chamonix and flights are only £50 return to Geneva. The cost of living in the UK is high but if you have saved and worked all your life you can retire comfortably. I have travelled the world and wish to continue exploring. Most people who have retired in UK have a very boring life. If anyone wishes to have a chat with me you are welcome.
Hi John, Thanks a lot for the appreciation about Sri Lankan people! Yes its very true that we all like our wildlife, forests, flora and fauna! You will miss the ski part in Sri Lanka but you will feel so relaxing and comfortable with the climate and the 'most' people. Yes I am sure, the cost of living will be OK with your pension. All the best!! Mal
Hi John, You are one of the wise guys who have managed to balance the book with no mortgage and collecting a company pension to enjoy a nice retirement. By the way, are you one of the city bankers? I too played my cards right and I am looking forward to a good retirement in a sunny place where I do not have to worry about fuel bills or woolly hats. Unlike you I have more fuel left in my engine, so I will be off to my next assignment soon. Sri Lanka is one of the best places for retirement where you can enjoy nature in every way. The country is surrounded with beautiful beaches and full of friendly people. If you are planning to settle there it is worth considering taking advantage of the present high interest rate available from SL banks for a fixed deposits account.
Colombo is the largest city and commercial capital of Sri Lanka. The great majority of Sri Lankan corporations have their head offices in Colombo. Very good place to live. What you have asked here it all are depends open criteria and varies around the city. USD 1000 a month would be enough to live comfortably in Colombo. Now I am living in Colombo an apartment of platinum1.lk. Really I live here very happily.