Published: Monday, 21th October 2024
The cost of living in Sri Lanka is 1.32 times more expensive as compared to Madagascar.
On this page, you will find side-by-side cost comparison between Sri Lanka and Madagascar. 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 Madagascar.
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 Indicators  | Sri Lanka  | Madagascar  |
|---|---|---|
1 BHK Apartment in City Center  | 60,000 LKR (186 USD) | 350,000 MGA (80.50 USD) |
2 BHK Apartment in City Center  | 90,000 LKR (279 USD) | 500,000 MGA (115 USD) |
3 BHK Apartment in City Center  | 120,000 LKR (372 USD) | 750,000 MGA (172.50 USD) |
1 BHK Apartment outside City Center  | 30,000 LKR (93 USD) | 150,000 MGA (34.50 USD) |
2 BHK Apartment outside City Center  | 45,000 LKR (139.50 USD) | 250,000 MGA (57.50 USD) |
3 BHK Apartment outside City Center  | 60,000 LKR (186 USD) | 400,000 MGA (92 USD) |
Mortgage Rates Per Month  | 7.5 % | 2 % |
Realtor Commission  | 1 % | 3 % |
Property Taxes  | 0.2 to 0.4 % | Yet to Update |
The average housing cost in Sri Lanka is 2.32 times more expensive than Madagascar.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Basic Home Furnishing  | 200,000 LKR (620 USD) | 2,000,000 MGA (460 USD) |
Electricity Cost Per Month  | 5,000 LKR (15.50 USD) | 50,000 MGA (11.50 USD) |
Heating Cost Per Month  | 3,000 LKR (9.30 USD) | 25,000 MGA (5.75 USD) |
Cooling Cost Per Month  | 3,500 LKR (10.85 USD) | 20,000 MGA (4.60 USD) |
Water Supply Cost Per Month  | 1,500 LKR (4.65 USD) | 20,000 MGA (4.60 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 35.74% more for Utilities.
The basic home furnishing in Sri Lanka costs 1.35 times more compared to Madagascar.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Standard Wifi Cost Per Month  | 2,500 LKR (7.75 USD) | 30,000 MGA (6.90 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,500 LKR (4.65 USD) | 20,000 MGA (4.60 USD) |
Landline Basic Plan Cost Per Month  | 1,000 LKR (3.10 USD) | 15,000 MGA (3.45 USD) |
Cable TV Basic Plan Cost Per Month  | 2,000 LKR (6.20 USD) | 25,000 MGA (5.75 USD) |
The internet and communication costs 4.83% more in Sri Lanka compared to Madagascar.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Long Grain Rice (1 KG)  | 250 LKR (0.78 USD) | 5,000 MGA (1.15 USD) |
Milk (1 Liter)  | 200 LKR (0.62 USD) | 2,500 MGA (0.58 USD) |
Water (1 Liter)  | 50 LKR (0.15 USD) | 1,500 MGA (0.35 USD) |
Bread (500 gm)  | 150 LKR (0.46 USD) | 2,000 MGA (0.46 USD) |
Eggs (1 Dozen)  | 400 LKR (1.24 USD) | 4,000 MGA (0.92 USD) |
Cheese (1 KG)  | 1,000 LKR (3.10 USD) | 20,000 MGA (4.60 USD) |
Chicken Breast (1 KG)  | 1,200 LKR (3.72 USD) | 12,000 MGA (2.76 USD) |
In Sri Lanka, the cost of 1 Liter Water and 1 Liter Milk is 1.19 times less expensive than the cost in Madagascar.
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 6.80% less for Groceries.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Apples (1 KG)  | 500 LKR (1.55 USD) | 5,000 MGA (1.15 USD) |
Bananas (1 KG)  | 150 LKR (0.46 USD) | 3,000 MGA (0.69 USD) |
Oranges (1 KG)  | 300 LKR (0.93 USD) | 4,000 MGA (0.92 USD) |
Tomatoes (1 KG)  | 200 LKR (0.62 USD) | 3,500 MGA (0.81 USD) |
Potatoes (1 KG)  | 150 LKR (0.46 USD) | 3,000 MGA (0.69 USD) |
Lemons (1 KG)  | 400 LKR (1.24 USD) | 5,000 MGA (1.15 USD) |
Onions (1 KG)  | 200 LKR (0.62 USD) | 4,000 MGA (0.92 USD) |
Lentils (1 KG)  | 300 LKR (0.93 USD) | 5,000 MGA (1.15 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.10 times less for Fruits and Vegetables.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Meal at a Resonable Restaurant  | 1,500 LKR (4.65 USD) | 20,000 MGA (4.60 USD) |
Three-Course Meal for Two  | 4,500 LKR (13.95 USD) | 70,000 MGA (16.10 USD) |
Fast Food Combo Meal  | 700 LKR (2.17 USD) | 12,000 MGA (2.76 USD) |
Normal Coffee  | 300 LKR (0.93 USD) | 3,000 MGA (0.69 USD) |
Soft Drink  | 150 LKR (0.46 USD) | 2,500 MGA (0.58 USD) |
Pizza for One  | 1,200 LKR (3.72 USD) | 20,000 MGA (4.60 USD) |
Take-Out Delivery Meal  | 1,200 LKR (3.72 USD) | 25,000 MGA (5.75 USD) |
Cigarette Pack of 20  | 500 LKR (1.55 USD) | 12,000 MGA (2.76 USD) |
Dining-Out costs 17.66% less in Sri Lanka compared to Madagascar.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Wine Mid-Range Bottle  | 2,500 LKR (7.75 USD) | 25,000 MGA (5.75 USD) |
Glass of Wine  | 1,000 LKR (3.10 USD) | 7,000 MGA (1.61 USD) |
Domestic Beer Half Liter  | 250 LKR (0.78 USD) | 3,500 MGA (0.81 USD) |
Imported Beer Half Liter  | 500 LKR (1.55 USD) | 5,000 MGA (1.15 USD) |
Domestic Alcohol 1 Liter  | 1,000 LKR (3.10 USD) | 40,000 MGA (9.20 USD) |
Branded Alcohol 1 Liter  | 2,000 LKR (6.20 USD) | 60,000 MGA (13.80 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.44 times less for usual hard drinks.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Monthly Public Transportation Pass  | 2,000 LKR (6.20 USD) | 50,000 MGA (11.50 USD) |
Single Public Transportation Ticket  | 100 LKR (0.31 USD) | 1,000 MGA (0.23 USD) |
Single Train Ticket  | Yet to Update () | 30,000 MGA (6.90 USD) |
Domestic Airplane Ticket  | 15,000 LKR (46.50 USD) | 150,000 MGA (34.50 USD) |
Taxi Start Fare  | 300 LKR (0.93 USD) | 3,000 MGA (0.69 USD) |
Taxi Rate Per Kilometer  | 100 LKR (0.31 USD) | 2,000 MGA (0.46 USD) |
Car Rental Per Day  | 4,000 LKR (12.40 USD) | 80,000 MGA (18.40 USD) |
Parking Fees in City Center Per Hour  | 100 LKR (0.31 USD) | 2,000 MGA (0.46 USD) |
Parking Fees outside City Center Per Hour  | 50 LKR (0.15 USD) | 1,000 MGA (0.23 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.09 times less for transportation.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 2,000,000 LKR (6,200 USD) | 20,000,000 MGA (4,600 USD) |
Vehicle Registration Cost  | 10,000 LKR (31 USD) | 300,000 MGA (69 USD) |
Driving License Fees  | 2,000 LKR (6.20 USD) | 70,000 MGA (16.10 USD) |
Car Insurance Cost  | 20,000 LKR (62 USD) | 500,000 MGA (115 USD) |
Car Maintenance Cost  | 5,000 LKR (15.50 USD) | 200,000 MGA (46 USD) |
Car Loan Interest Rates  | 9 % | 12 % |
Fuel Per Liter  | 250 LKR (0.78 USD) | 3,500 MGA (0.81 USD) |
Fuel Per Gallon  | 950 LKR (2.94 USD) | 13,000 MGA (2.99 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 1.30 times more for Vehicle purchase, daily operation and maintenance in Sri Lanka compared to that of Madagascar.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Doctor Visit  | 3,000 LKR (9.30 USD) | 40,000 MGA (9.20 USD) |
Specialist Visit  | 5,000 LKR (15.50 USD) | 80,000 MGA (18.40 USD) |
Dentist Visit  | 4,000 LKR (12.40 USD) | 60,000 MGA (13.80 USD) |
Eye Exam  | 2,500 LKR (7.75 USD) | 30,000 MGA (6.90 USD) |
Mental Health Counseling  | 4,000 LKR (12.40 USD) | 60,000 MGA (13.80 USD) |
Preventive Health Screening  | 2,000 LKR (6.20 USD) | 40,000 MGA (9.20 USD) |
Physical Therapy  | 3,000 LKR (9.30 USD) | 50,000 MGA (11.50 USD) |
Emergency Room Visit  | 10,000 LKR (31 USD) | 150,000 MGA (34.50 USD) |
Hospital Stay Per Night  | 15,000 LKR (46.50 USD) | 200,000 MGA (46 USD) |
Vaccinations  | 1,000 LKR (3.10 USD) | 30,000 MGA (6.90 USD) |
Prescription Medication  | 1,500 LKR (4.65 USD) | 15,000 MGA (3.45 USD) |
Over the Counter Medication  | 1,000 LKR (3.10 USD) | 10,000 MGA (2.30 USD) |
Health Insurance Premiums  | 10,000 LKR (31 USD) | 100,000 MGA (23 USD) |
Health Insurance Deductibles  | 20,000 LKR (62 USD) | 30,000 MGA (6.90 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.23 times more for Health and Medical Treatment.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Cosmetic Procedures  | 20,000 LKR (62 USD) | 800,000 MGA (184 USD) |
Spa Treatment  | 5,000 LKR (15.50 USD) | 70,000 MGA (16.10 USD) |
Manicure Pedicure Cost  | 1,500 LKR (4.65 USD) | 40,000 MGA (9.20 USD) |
Optical Glasses Cost  | 5,000 LKR (15.50 USD) | 150,000 MGA (34.50 USD) |
Contact Lenses Cost  | 3,000 LKR (9.30 USD) | 100,000 MGA (23 USD) |
Haircuts  | 1,000 LKR (3.10 USD) | 20,000 MGA (4.60 USD) |
Hair Coloring  | 3,000 LKR (9.30 USD) | 40,000 MGA (9.20 USD) |
Shampoo Price  | 400 LKR (1.24 USD) | 4,000 MGA (0.92 USD) |
Toothpaste Price  | 150 LKR (0.46 USD) | 2,000 MGA (0.46 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 2.33 times less for Personal Care Items and Treatment.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Pair of Nike Running Shoes  | 15,000 LKR (46.50 USD) | 120,000 MGA (27.60 USD) |
Men's Shirt  | 3,000 LKR (9.30 USD) | 60,000 MGA (13.80 USD) |
Women's Dress  | 6,000 LKR (18.60 USD) | 100,000 MGA (23 USD) |
Summer Dress  | 4,000 LKR (12.40 USD) | 70,000 MGA (16.10 USD) |
Men's Suit  | 25,000 LKR (77.50 USD) | 300,000 MGA (69 USD) |
Men's Jeans  | 4,000 LKR (12.40 USD) | 80,000 MGA (18.40 USD) |
Women's Jeans  | 4,000 LKR (12.40 USD) | 70,000 MGA (16.10 USD) |
Men's Formal Shoes  | 6,000 LKR (18.60 USD) | 120,000 MGA (27.60 USD) |
Women's Formal Shoes  | 6,000 LKR (18.60 USD) | 100,000 MGA (23 USD) |
Men's Casual Shoes  | 5,000 LKR (15.50 USD) | 90,000 MGA (20.70 USD) |
Women's Casual Shoes  | 5,000 LKR (15.50 USD) | 80,000 MGA (18.40 USD) |
Underwear For Men  | 500 LKR (1.55 USD) | 20,000 MGA (4.60 USD) |
Underwear For Women  | 500 LKR (1.55 USD) | 25,000 MGA (5.75 USD) |
Socks For Men  | 300 LKR (0.93 USD) | 8,000 MGA (1.84 USD) |
Socks For Women  | 300 LKR (0.93 USD) | 8,000 MGA (1.84 USD) |
Wintercoat for Adults  | 8,000 LKR (24.80 USD) | 150,000 MGA (34.50 USD) |
Sportswear  | 5,000 LKR (15.50 USD) | 80,000 MGA (18.40 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.13 times less for Clothing and Footwear for Adults.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Children's Jeans  | 2,500 LKR (7.75 USD) | 40,000 MGA (9.20 USD) |
Children's Normal Sneakers  | 3,500 LKR (10.85 USD) | 50,000 MGA (11.50 USD) |
Children's Winter Coat  | 4,000 LKR (12.40 USD) | 80,000 MGA (18.40 USD) |
Daycare for Infant  | 20,000 LKR (62 USD) | 100,000 MGA (23 USD) |
Daycare for Toddler  | 25,000 LKR (77.50 USD) | 90,000 MGA (20.70 USD) |
Childcare for Sick Days  | 2,000 LKR (6.20 USD) | 40,000 MGA (9.20 USD) |
Early Childhood Education Programs  | 20,000 LKR (62 USD) | 80,000 MGA (18.40 USD) |
Extra Curricular Activities  | 5,000 LKR (15.50 USD) | 50,000 MGA (11.50 USD) |
Summer Camp for Kids  | 10,000 LKR (31 USD) | 150,000 MGA (34.50 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.82 times more for Childcare and kids clothing.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
PreSchool Fees  | 30,000 LKR (93 USD) | 120,000 MGA (27.60 USD) |
Primary School Fees  | 50,000 LKR (155 USD) | 300,000 MGA (69 USD) |
Secondary School Fees  | 60,000 LKR (186 USD) | 400,000 MGA (92 USD) |
Private School Fees  | 80,000 LKR (248 USD) | 800,000 MGA (184 USD) |
University Tuition Fees  | 150,000 LKR (465 USD) | 1,500,000 MGA (345 USD) |
University Private Tuition Fees  | 300,000 LKR (930 USD) | 2,000,000 MGA (460 USD) |
After School Activities  | 5,000 LKR (15.50 USD) | 50,000 MGA (11.50 USD) |
Special Education Services  | 15,000 LKR (46.50 USD) | 100,000 MGA (23 USD) |
Tutoring  | 2,000 LKR (6.20 USD) | 40,000 MGA (9.20 USD) |
Textbooks Cost  | 4,000 LKR (12.40 USD) | 50,000 MGA (11.50 USD) |
School Supplies  | 2,000 LKR (6.20 USD) | 30,000 MGA (6.90 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.75 times more for school and education.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Movie Ticket (Single)  | 800 LKR (2.48 USD) | 8,000 MGA (1.84 USD) |
Theater Ticket (Single)  | 1,200 LKR (3.72 USD) | 15,000 MGA (3.45 USD) |
Concert Ticket (Single)  | 2,000 LKR (6.20 USD) | 20,000 MGA (4.60 USD) |
Sports Event Ticket (Single)  | 1,500 LKR (4.65 USD) | 30,000 MGA (6.90 USD) |
Gym Membership  | 2,000 LKR (6.20 USD) | 50,000 MGA (11.50 USD) |
Swimming Pool Access  | 1,500 LKR (4.65 USD) | 20,000 MGA (4.60 USD) |
Museum Entry Ticket  | 500 LKR (1.55 USD) | 4,000 MGA (0.92 USD) |
Zoo Entry Ticket  | 800 LKR (2.48 USD) | 5,000 MGA (1.15 USD) |
Amusement Park Entry Ticket  | 1,000 LKR (3.10 USD) | 15,000 MGA (3.45 USD) |
Bowling  | 800 LKR (2.48 USD) | 20,000 MGA (4.60 USD) |
Mini Golf  | 1,000 LKR (3.10 USD) | 15,000 MGA (3.45 USD) |
Video Games  | 2,000 LKR (6.20 USD) | 80,000 MGA (18.40 USD) |
Streaming Services  | 500 LKR (1.55 USD) | 20,000 MGA (4.60 USD) |
Outdoor Equipment Rental  | 1,000 LKR (3.10 USD) | 15,000 MGA (3.45 USD) |
Theme Park Annual Pass  | 10,000 LKR (31 USD) | 200,000 MGA (46 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.44 times less for entertainment, recreation and fun activities.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Language Classes  | 10,000 LKR (31 USD) | 40,000 MGA (9.20 USD) |
Parenting Classes  | 2,000 LKR (6.20 USD) | 30,000 MGA (6.90 USD) |
Art Classes  | 1,500 LKR (4.65 USD) | 50,000 MGA (11.50 USD) |
Fitness Classes  | 1,500 LKR (4.65 USD) | 30,000 MGA (6.90 USD) |
Music Lessons  | 2,000 LKR (6.20 USD) | 40,000 MGA (9.20 USD) |
Dance Lessons  | 1,500 LKR (4.65 USD) | 30,000 MGA (6.90 USD) |
Reading Materials for Classes  | 500 LKR (1.55 USD) | 7,000 MGA (1.61 USD) |
Educational Software  | 5,000 LKR (15.50 USD) | 60,000 MGA (13.80 USD) |
If you lived in Sri Lanka, instead of Madagascar, you would have to pay 1.13 times more for Private Classes.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Average Gross Monthly Salary  | 60,000 LKR (186 USD) | 1,000,000 MGA (230 USD) |
Average Net Monthly Salary  | 45,000 LKR (139.50 USD) | 800,000 MGA (184 USD) |
Minimum Wages  | 666.67 LKR per hour (2.07 USD) | 13,333.33 MGA per hour (3.07 USD) |
Average Bonus  | 10,000 LKR (31 USD) | 150,000 MGA (34.50 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 20 % |
Social Security Contributions  | 5 % | 5 % |
Pension Contributions  | 3 % | 7 % |
Cost of Living Index  | 30 | 50 |
Median Household Income  | 50,000 LKR (155 USD) | 1,200,000 MGA (276 USD) |
If you lived in Sri Lanka, you would earn 1.42 times less salary as compared to Madagascar.
Indicators | Sri Lanka | Madagascar |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 LKR (15.50 USD) | 50,000 MGA (11.50 USD) |
Accounting Services Per Hour Rate  | 4,000 LKR (12.40 USD) | 60,000 MGA (13.80 USD) |
IT Support Services Per Hour Rate  | 3,000 LKR (9.30 USD) | 40,000 MGA (9.20 USD) |
Technician Services Per Hour Rate  | 2,500 LKR (7.75 USD) | 45,000 MGA (10.35 USD) |
Professional Services cost 1.00 times more in Sri Lanka, as compared to Madagascar.
We hope you enjoyed the detailed guide on the cost of living comparsion between Sri Lanka and Madagascar.
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