Published: Monday, 21th October 2024
The cost of living in Sri Lanka is 5.00 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between Sri Lanka and Iceland. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Sri Lanka and Iceland.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | Sri Lanka  | Iceland  |
|---|---|---|
1 BHK Apartment in City Center  | 60,000 LKR (186 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center  | 90,000 LKR (279 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center  | 120,000 LKR (372 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center  | 30,000 LKR (93 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center  | 45,000 LKR (139.50 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center  | 60,000 LKR (186 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month  | 7.5 % | 4 % |
Realtor Commission  | 1 % | 2 % |
Property Taxes  | 0.2 to 0.4 % | 0.2 to 1.65 % |
The average housing cost in Sri Lanka is 8.39 times less expensive than Iceland.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Basic Home Furnishing  | 200,000 LKR (620 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month  | 5,000 LKR (15.50 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month  | 3,000 LKR (9.30 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month  | 3,500 LKR (10.85 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month  | 1,500 LKR (4.65 USD) | 5,000 ISK (35.50 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 74.17% less for Utilities.
The basic home furnishing in Sri Lanka costs 3.44 times less compared to Iceland.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Standard Wifi Cost Per Month  | 2,500 LKR (7.75 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,500 LKR (4.65 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month  | 1,000 LKR (3.10 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month  | 2,000 LKR (6.20 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 88.24% less in Sri Lanka compared to Iceland.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Long Grain Rice (1 KG)  | 250 LKR (0.78 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter)  | 200 LKR (0.62 USD) | 250 ISK (1.78 USD) |
Water (1 Liter)  | 50 LKR (0.15 USD) | 50 ISK (0.36 USD) |
Bread (500 gm)  | 150 LKR (0.46 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen)  | 400 LKR (1.24 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG)  | 1,000 LKR (3.10 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG)  | 1,200 LKR (3.72 USD) | 1,000 ISK (7.10 USD) |
In Sri Lanka, the cost of 1 Liter Water and 1 Liter Milk is 2.75 times less expensive than the cost in Iceland.
If you lived in Sri Lanka, instead of Iceland, you would have to pay 61.12% less for Groceries.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Apples (1 KG)  | 500 LKR (1.55 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG)  | 150 LKR (0.46 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG)  | 300 LKR (0.93 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG)  | 200 LKR (0.62 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG)  | 150 LKR (0.46 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG)  | 400 LKR (1.24 USD) | 700 ISK (4.97 USD) |
Onions (1 KG)  | 200 LKR (0.62 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG)  | 300 LKR (0.93 USD) | 600 ISK (4.26 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 5.10 times less for Fruits and Vegetables.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Meal at a Resonable Restaurant  | 1,500 LKR (4.65 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two  | 4,500 LKR (13.95 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal  | 700 LKR (2.17 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee  | 300 LKR (0.93 USD) | 500 ISK (3.55 USD) |
Soft Drink  | 150 LKR (0.46 USD) | 300 ISK (2.13 USD) |
Pizza for One  | 1,200 LKR (3.72 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal  | 1,200 LKR (3.72 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20  | 500 LKR (1.55 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 78.90% less in Sri Lanka compared to Iceland.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Wine Mid-Range Bottle  | 2,500 LKR (7.75 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine  | 1,000 LKR (3.10 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter  | 250 LKR (0.78 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter  | 500 LKR (1.55 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter  | 1,000 LKR (3.10 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter  | 2,000 LKR (6.20 USD) | 4,000 ISK (28.40 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 3.66 times less for usual hard drinks.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Monthly Public Transportation Pass  | 2,000 LKR (6.20 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket  | 100 LKR (0.31 USD) | 400 ISK (2.84 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 LKR (46.50 USD) | 30,000 ISK (213 USD) |
Taxi Start Fare  | 300 LKR (0.93 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer  | 100 LKR (0.31 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day  | 4,000 LKR (12.40 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour  | 100 LKR (0.31 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour  | 50 LKR (0.15 USD) | 300 ISK (2.13 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 6.05 times less for transportation.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 2,000,000 LKR (6,200 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost  | 10,000 LKR (31 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees  | 2,000 LKR (6.20 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost  | 20,000 LKR (62 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost  | 5,000 LKR (15.50 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates  | 9 % | 5 % |
Fuel Per Liter  | 250 LKR (0.78 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon  | 950 LKR (2.94 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees  | Yet to Update | 1,000 ISK 7.10 USD |
You would have to pay 4.58 times less for Vehicle purchase, daily operation and maintenance in Sri Lanka compared to that of Iceland.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Doctor Visit  | 3,000 LKR (9.30 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit  | 5,000 LKR (15.50 USD) | 10,000 ISK (71 USD) |
Dentist Visit  | 4,000 LKR (12.40 USD) | 8,000 ISK (56.80 USD) |
Eye Exam  | 2,500 LKR (7.75 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling  | 4,000 LKR (12.40 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening  | 2,000 LKR (6.20 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy  | 3,000 LKR (9.30 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit  | 10,000 LKR (31 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night  | 15,000 LKR (46.50 USD) | 25,000 ISK (177.50 USD) |
Vaccinations  | 1,000 LKR (3.10 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication  | 1,500 LKR (4.65 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication  | 1,000 LKR (3.10 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums  | 10,000 LKR (31 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles  | 20,000 LKR (62 USD) | 5,000 ISK (35.50 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 3.18 times less for Health and Medical Treatment.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Cosmetic Procedures  | 20,000 LKR (62 USD) | 30,000 ISK (213 USD) |
Spa Treatment  | 5,000 LKR (15.50 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost  | 1,500 LKR (4.65 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost  | 5,000 LKR (15.50 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost  | 3,000 LKR (9.30 USD) | 5,000 ISK (35.50 USD) |
Haircuts  | 1,000 LKR (3.10 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring  | 3,000 LKR (9.30 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price  | 400 LKR (1.24 USD) | 500 ISK (3.55 USD) |
Toothpaste Price  | 150 LKR (0.46 USD) | 200 ISK (1.42 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 3.91 times less for Personal Care Items and Treatment.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Pair of Nike Running Shoes  | 15,000 LKR (46.50 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt  | 3,000 LKR (9.30 USD) | 5,000 ISK (35.50 USD) |
Women's Dress  | 6,000 LKR (18.60 USD) | 10,000 ISK (71 USD) |
Summer Dress  | 4,000 LKR (12.40 USD) | 5,000 ISK (35.50 USD) |
Men's Suit  | 25,000 LKR (77.50 USD) | 40,000 ISK (284 USD) |
Men's Jeans  | 4,000 LKR (12.40 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans  | 4,000 LKR (12.40 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes  | 6,000 LKR (18.60 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes  | 6,000 LKR (18.60 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes  | 5,000 LKR (15.50 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes  | 5,000 LKR (15.50 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men  | 500 LKR (1.55 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women  | 500 LKR (1.55 USD) | 1,200 ISK (8.52 USD) |
Socks For Men  | 300 LKR (0.93 USD) | 300 ISK (2.13 USD) |
Socks For Women  | 300 LKR (0.93 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults  | 8,000 LKR (24.80 USD) | 8,000 ISK (56.80 USD) |
Sportswear  | 5,000 LKR (15.50 USD) | 6,000 ISK (42.60 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 3.00 times less for Clothing and Footwear for Adults.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Children's Jeans  | 2,500 LKR (7.75 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers  | 3,500 LKR (10.85 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat  | 4,000 LKR (12.40 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant  | 20,000 LKR (62 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler  | 25,000 LKR (77.50 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days  | 2,000 LKR (6.20 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs  | 20,000 LKR (62 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities  | 5,000 LKR (15.50 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids  | 10,000 LKR (31 USD) | 8,000 ISK (56.80 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 1.92 times less for Childcare and kids clothing.
Indicators | Sri Lanka | Iceland |
|---|---|---|
PreSchool Fees  | 30,000 LKR (93 USD) | 30,000 ISK (213 USD) |
Primary School Fees  | 50,000 LKR (155 USD) | 40,000 ISK (284 USD) |
Secondary School Fees  | 60,000 LKR (186 USD) | 60,000 ISK (426 USD) |
Private School Fees  | 80,000 LKR (248 USD) | 80,000 ISK (568 USD) |
University Tuition Fees  | 150,000 LKR (465 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees  | 300,000 LKR (930 USD) | 200,000 ISK (1,420 USD) |
After School Activities  | 5,000 LKR (15.50 USD) | 5,000 ISK (35.50 USD) |
Special Education Services  | 15,000 LKR (46.50 USD) | 7,000 ISK (49.70 USD) |
Tutoring  | 2,000 LKR (6.20 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost  | 4,000 LKR (12.40 USD) | 4,000 ISK (28.40 USD) |
School Supplies  | 2,000 LKR (6.20 USD) | 2,000 ISK (14.20 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 1.91 times less for school and education.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Movie Ticket (Single)  | 800 LKR (2.48 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single)  | 1,200 LKR (3.72 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single)  | 2,000 LKR (6.20 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single)  | 1,500 LKR (4.65 USD) | 1,500 ISK (10.65 USD) |
Gym Membership  | 2,000 LKR (6.20 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access  | 1,500 LKR (4.65 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket  | 500 LKR (1.55 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket  | 800 LKR (2.48 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket  | 1,000 LKR (3.10 USD) | 2,000 ISK (14.20 USD) |
Bowling  | 800 LKR (2.48 USD) | 1,000 ISK (7.10 USD) |
Mini Golf  | 1,000 LKR (3.10 USD) | 1,500 ISK (10.65 USD) |
Video Games  | 2,000 LKR (6.20 USD) | 5,000 ISK (35.50 USD) |
Streaming Services  | 500 LKR (1.55 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental  | 1,000 LKR (3.10 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass  | 10,000 LKR (31 USD) | 50,000 ISK (355 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 7.06 times less for entertainment, recreation and fun activities.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Language Classes  | 10,000 LKR (31 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes  | 2,000 LKR (6.20 USD) | 5,000 ISK (35.50 USD) |
Art Classes  | 1,500 LKR (4.65 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes  | 1,500 LKR (4.65 USD) | 6,000 ISK (42.60 USD) |
Music Lessons  | 2,000 LKR (6.20 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons  | 1,500 LKR (4.65 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes  | 500 LKR (1.55 USD) | 1,000 ISK (7.10 USD) |
Educational Software  | 5,000 LKR (15.50 USD) | 3,000 ISK (21.30 USD) |
If you lived in Sri Lanka, instead of Iceland, you would have to pay 2.96 times less for Private Classes.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Average Gross Monthly Salary  | 60,000 LKR (186 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary  | 45,000 LKR (139.50 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages  | 666.67 LKR per hour (2.07 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus  | 10,000 LKR (31 USD) | 40,000 ISK (284 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 24 % |
Social Security Contributions  | 5 % | 7 % |
Pension Contributions  | 3 % | 8 % |
Cost of Living Index  | 30 | 12 |
Median Household Income  | 50,000 LKR (155 USD) | 400,000 ISK (2,840 USD) |
If you lived in Sri Lanka, you would earn 17.24 times less salary as compared to Iceland.
Indicators | Sri Lanka | Iceland |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 LKR (15.50 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate  | 4,000 LKR (12.40 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate  | 3,000 LKR (9.30 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate  | 2,500 LKR (7.75 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 4.11 times less in Sri Lanka, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Sri Lanka and Iceland.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.
