Published: Monday, 21th October 2024
The cost of living in Sri Lanka is 10.49 times less expensive as compared to Singapore.
On this page, you will find side-by-side cost comparison between Sri Lanka and Singapore. 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 Singapore.
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Indicators | Sri Lanka | Singapore |
---|---|---|
1 BHK Apartment in City Center | 60,000 LKR (186 USD) | 3,500 SGD (2,555 USD) |
2 BHK Apartment in City Center | 90,000 LKR (279 USD) | 6,000 SGD (4,380 USD) |
3 BHK Apartment in City Center | 120,000 LKR (372 USD) | 9,000 SGD (6,570 USD) |
1 BHK Apartment outside City Center | 30,000 LKR (93 USD) | 2,500 SGD (1,825 USD) |
2 BHK Apartment outside City Center | 45,000 LKR (139.50 USD) | 4,000 SGD (2,920 USD) |
3 BHK Apartment outside City Center | 60,000 LKR (186 USD) | 6,000 SGD (4,380 USD) |
Mortgage Rates Per Month | 7.5 % | 1.5 % |
Realtor Commission | 1 % | 2 % |
Property Taxes | 0.2 to 0.4 % | 0.1 to 1.0 % |
The average housing cost in Sri Lanka is 17.25 times less expensive than Singapore.
Indicators | Sri Lanka | Singapore |
---|---|---|
Basic Home Furnishing | 200,000 LKR (620 USD) | 5,000 SGD (3,650 USD) |
Electricity Cost Per Month | 5,000 LKR (15.50 USD) | 100 SGD (73 USD) |
Heating Cost Per Month | 3,000 LKR (9.30 USD) | 50 SGD (36.50 USD) |
Cooling Cost Per Month | 3,500 LKR (10.85 USD) | 100 SGD (73 USD) |
Water Supply Cost Per Month | 1,500 LKR (4.65 USD) | 50 SGD (36.50 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 82.93% less for Utilities.
The basic home furnishing in Sri Lanka costs 5.89 times less compared to Singapore.
Indicators | Sri Lanka | Singapore |
---|---|---|
Standard Wifi Cost Per Month | 2,500 LKR (7.75 USD) | 70 SGD (51.10 USD) |
Mobile Phone Basic Plan Cost Per Month | 1,500 LKR (4.65 USD) | 50 SGD (36.50 USD) |
Landline Basic Plan Cost Per Month | 1,000 LKR (3.10 USD) | 30 SGD (21.90 USD) |
Cable TV Basic Plan Cost Per Month | 2,000 LKR (6.20 USD) | 60 SGD (43.80 USD) |
The internet and communication costs 85.84% less in Sri Lanka compared to Singapore.
Indicators | Sri Lanka | Singapore |
---|---|---|
Long Grain Rice (1 KG) | 250 LKR (0.78 USD) | 4 SGD (2.92 USD) |
Milk (1 Liter) | 200 LKR (0.62 USD) | 2.50 SGD (1.82 USD) |
Water (1 Liter) | 50 LKR (0.15 USD) | 1.50 SGD (1.09 USD) |
Bread (500 gm) | 150 LKR (0.46 USD) | 3 SGD (2.19 USD) |
Eggs (1 Dozen) | 400 LKR (1.24 USD) | 4.50 SGD (3.29 USD) |
Cheese (1 KG) | 1,000 LKR (3.10 USD) | 15 SGD (10.95 USD) |
Chicken Breast (1 KG) | 1,200 LKR (3.72 USD) | 12 SGD (8.76 USD) |
In Sri Lanka, the cost of 1 Liter Water and 1 Liter Milk is 3.77 times less expensive than the cost in Singapore.
If you lived in Sri Lanka, instead of Singapore, you would have to pay 67.53% less for Groceries.
Indicators | Sri Lanka | Singapore |
---|---|---|
Apples (1 KG) | 500 LKR (1.55 USD) | 6 SGD (4.38 USD) |
Bananas (1 KG) | 150 LKR (0.46 USD) | 3 SGD (2.19 USD) |
Oranges (1 KG) | 300 LKR (0.93 USD) | 4 SGD (2.92 USD) |
Tomatoes (1 KG) | 200 LKR (0.62 USD) | 5 SGD (3.65 USD) |
Potatoes (1 KG) | 150 LKR (0.46 USD) | 3 SGD (2.19 USD) |
Lemons (1 KG) | 400 LKR (1.24 USD) | 5 SGD (3.65 USD) |
Onions (1 KG) | 200 LKR (0.62 USD) | 3 SGD (2.19 USD) |
Lentils (1 KG) | 300 LKR (0.93 USD) | 4 SGD (2.92 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 3.53 times less for Fruits and Vegetables.
Indicators | Sri Lanka | Singapore |
---|---|---|
Meal at a Resonable Restaurant | 1,500 LKR (4.65 USD) | 10 SGD (7.30 USD) |
Three-Course Meal for Two | 4,500 LKR (13.95 USD) | 120 SGD (87.60 USD) |
Fast Food Combo Meal | 700 LKR (2.17 USD) | 8 SGD (5.84 USD) |
Normal Coffee | 300 LKR (0.93 USD) | 5 SGD (3.65 USD) |
Soft Drink | 150 LKR (0.46 USD) | 2.50 SGD (1.82 USD) |
Pizza for One | 1,200 LKR (3.72 USD) | 25 SGD (18.25 USD) |
Take-Out Delivery Meal | 1,200 LKR (3.72 USD) | 15 SGD (10.95 USD) |
Cigarette Pack of 20 | 500 LKR (1.55 USD) | 10 SGD (7.30 USD) |
Dining-Out costs 78.17% less in Sri Lanka compared to Singapore.
Indicators | Sri Lanka | Singapore |
---|---|---|
Wine Mid-Range Bottle | 2,500 LKR (7.75 USD) | 30 SGD (21.90 USD) |
Glass of Wine | 1,000 LKR (3.10 USD) | 12 SGD (8.76 USD) |
Domestic Beer Half Liter | 250 LKR (0.78 USD) | 3.50 SGD (2.55 USD) |
Imported Beer Half Liter | 500 LKR (1.55 USD) | 5 SGD (3.65 USD) |
Domestic Alcohol 1 Liter | 1,000 LKR (3.10 USD) | 20 SGD (14.60 USD) |
Branded Alcohol 1 Liter | 2,000 LKR (6.20 USD) | 40 SGD (29.20 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 3.59 times less for usual hard drinks.
Indicators | Sri Lanka | Singapore |
---|---|---|
Monthly Public Transportation Pass | 2,000 LKR (6.20 USD) | 100 SGD (73 USD) |
Single Public Transportation Ticket | 100 LKR (0.31 USD) | 2 SGD (1.46 USD) |
Single Train Ticket | Yet to Update () | 2.50 SGD (1.82 USD) |
Domestic Airplane Ticket | 15,000 LKR (46.50 USD) | 150 SGD (109.50 USD) |
Taxi Start Fare | 300 LKR (0.93 USD) | 3 SGD (2.19 USD) |
Taxi Rate Per Kilometer | 100 LKR (0.31 USD) | 1 SGD (0.73 USD) |
Car Rental Per Day | 4,000 LKR (12.40 USD) | 80 SGD (58.40 USD) |
Parking Fees in City Center Per Hour | 100 LKR (0.31 USD) | 3 SGD (2.19 USD) |
Parking Fees outside City Center Per Hour | 50 LKR (0.15 USD) | 2 SGD (1.46 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 3.74 times less for transportation.
Indicators | Sri Lanka | Singapore |
---|---|---|
Reasonable Vehicle Purchase Cost | 2,000,000 LKR (6,200 USD) | 50,000 SGD (36,500 USD) |
Vehicle Registration Cost | 10,000 LKR (31 USD) | 200 SGD (146 USD) |
Driving License Fees | 2,000 LKR (6.20 USD) | 50 SGD (36.50 USD) |
Car Insurance Cost | 20,000 LKR (62 USD) | 150 SGD (109.50 USD) |
Car Maintenance Cost | 5,000 LKR (15.50 USD) | 100 SGD (73 USD) |
Car Loan Interest Rates | 9 % | 2.5 % |
Fuel Per Liter | 250 LKR (0.78 USD) | 2 SGD (1.46 USD) |
Fuel Per Gallon | 950 LKR (2.94 USD) | 7.60 SGD (5.55 USD) |
Average Toll Fees | Yet to Update | 2 SGD 1.46 USD |
You would have to pay 5.84 times less for Vehicle purchase, daily operation and maintenance in Sri Lanka compared to that of Singapore.
Indicators | Sri Lanka | Singapore |
---|---|---|
Doctor Visit | 3,000 LKR (9.30 USD) | 70 SGD (51.10 USD) |
Specialist Visit | 5,000 LKR (15.50 USD) | 150 SGD (109.50 USD) |
Dentist Visit | 4,000 LKR (12.40 USD) | 80 SGD (58.40 USD) |
Eye Exam | 2,500 LKR (7.75 USD) | 50 SGD (36.50 USD) |
Mental Health Counseling | 4,000 LKR (12.40 USD) | 120 SGD (87.60 USD) |
Preventive Health Screening | 2,000 LKR (6.20 USD) | 150 SGD (109.50 USD) |
Physical Therapy | 3,000 LKR (9.30 USD) | 100 SGD (73 USD) |
Emergency Room Visit | 10,000 LKR (31 USD) | 500 SGD (365 USD) |
Hospital Stay Per Night | 15,000 LKR (46.50 USD) | 800 SGD (584 USD) |
Vaccinations | 1,000 LKR (3.10 USD) | 100 SGD (73 USD) |
Prescription Medication | 1,500 LKR (4.65 USD) | 25 SGD (18.25 USD) |
Over the Counter Medication | 1,000 LKR (3.10 USD) | 10 SGD (7.30 USD) |
Health Insurance Premiums | 10,000 LKR (31 USD) | 300 SGD (219 USD) |
Health Insurance Deductibles | 20,000 LKR (62 USD) | 500 SGD (365 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 8.49 times less for Health and Medical Treatment.
Indicators | Sri Lanka | Singapore |
---|---|---|
Cosmetic Procedures | 20,000 LKR (62 USD) | 300 SGD (219 USD) |
Spa Treatment | 5,000 LKR (15.50 USD) | 150 SGD (109.50 USD) |
Manicure Pedicure Cost | 1,500 LKR (4.65 USD) | 60 SGD (43.80 USD) |
Optical Glasses Cost | 5,000 LKR (15.50 USD) | 200 SGD (146 USD) |
Contact Lenses Cost | 3,000 LKR (9.30 USD) | 100 SGD (73 USD) |
Haircuts | 1,000 LKR (3.10 USD) | 30 SGD (21.90 USD) |
Hair Coloring | 3,000 LKR (9.30 USD) | 100 SGD (73 USD) |
Shampoo Price | 400 LKR (1.24 USD) | 8 SGD (5.84 USD) |
Toothpaste Price | 150 LKR (0.46 USD) | 5 SGD (3.65 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 5.75 times less for Personal Care Items and Treatment.
Indicators | Sri Lanka | Singapore |
---|---|---|
Pair of Nike Running Shoes | 15,000 LKR (46.50 USD) | 150 SGD (109.50 USD) |
Men's Shirt | 3,000 LKR (9.30 USD) | 60 SGD (43.80 USD) |
Women's Dress | 6,000 LKR (18.60 USD) | 100 SGD (73 USD) |
Summer Dress | 4,000 LKR (12.40 USD) | 80 SGD (58.40 USD) |
Men's Suit | 25,000 LKR (77.50 USD) | 500 SGD (365 USD) |
Men's Jeans | 4,000 LKR (12.40 USD) | 80 SGD (58.40 USD) |
Women's Jeans | 4,000 LKR (12.40 USD) | 80 SGD (58.40 USD) |
Men's Formal Shoes | 6,000 LKR (18.60 USD) | 200 SGD (146 USD) |
Women's Formal Shoes | 6,000 LKR (18.60 USD) | 150 SGD (109.50 USD) |
Men's Casual Shoes | 5,000 LKR (15.50 USD) | 120 SGD (87.60 USD) |
Women's Casual Shoes | 5,000 LKR (15.50 USD) | 100 SGD (73 USD) |
Underwear For Men | 500 LKR (1.55 USD) | 20 SGD (14.60 USD) |
Underwear For Women | 500 LKR (1.55 USD) | 20 SGD (14.60 USD) |
Socks For Men | 300 LKR (0.93 USD) | 10 SGD (7.30 USD) |
Socks For Women | 300 LKR (0.93 USD) | 10 SGD (7.30 USD) |
Wintercoat for Adults | 8,000 LKR (24.80 USD) | 200 SGD (146 USD) |
Sportswear | 5,000 LKR (15.50 USD) | 80 SGD (58.40 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 4.73 times less for Clothing and Footwear for Adults.
Indicators | Sri Lanka | Singapore |
---|---|---|
Children's Jeans | 2,500 LKR (7.75 USD) | 40 SGD (29.20 USD) |
Children's Normal Sneakers | 3,500 LKR (10.85 USD) | 60 SGD (43.80 USD) |
Children's Winter Coat | 4,000 LKR (12.40 USD) | 100 SGD (73 USD) |
Daycare for Infant | 20,000 LKR (62 USD) | 1,200 SGD (876 USD) |
Daycare for Toddler | 25,000 LKR (77.50 USD) | 1,000 SGD (730 USD) |
Childcare for Sick Days | 2,000 LKR (6.20 USD) | 80 SGD (58.40 USD) |
Early Childhood Education Programs | 20,000 LKR (62 USD) | 800 SGD (584 USD) |
Extra Curricular Activities | 5,000 LKR (15.50 USD) | 150 SGD (109.50 USD) |
Summer Camp for Kids | 10,000 LKR (31 USD) | 1,000 SGD (730 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 11.34 times less for Childcare and kids clothing.
Indicators | Sri Lanka | Singapore |
---|---|---|
PreSchool Fees | 30,000 LKR (93 USD) | 1,500 SGD (1,095 USD) |
Primary School Fees | 50,000 LKR (155 USD) | 3,000 SGD (2,190 USD) |
Secondary School Fees | 60,000 LKR (186 USD) | 5,000 SGD (3,650 USD) |
Private School Fees | 80,000 LKR (248 USD) | 10,000 SGD (7,300 USD) |
University Tuition Fees | 150,000 LKR (465 USD) | 15,000 SGD (10,950 USD) |
University Private Tuition Fees | 300,000 LKR (930 USD) | 25,000 SGD (18,250 USD) |
After School Activities | 5,000 LKR (15.50 USD) | 200 SGD (146 USD) |
Special Education Services | 15,000 LKR (46.50 USD) | 300 SGD (219 USD) |
Tutoring | 2,000 LKR (6.20 USD) | 100 SGD (73 USD) |
Textbooks Cost | 4,000 LKR (12.40 USD) | 150 SGD (109.50 USD) |
School Supplies | 2,000 LKR (6.20 USD) | 100 SGD (73 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 20.36 times less for school and education.
Indicators | Sri Lanka | Singapore |
---|---|---|
Movie Ticket (Single) | 800 LKR (2.48 USD) | 12 SGD (8.76 USD) |
Theater Ticket (Single) | 1,200 LKR (3.72 USD) | 50 SGD (36.50 USD) |
Concert Ticket (Single) | 2,000 LKR (6.20 USD) | 100 SGD (73 USD) |
Sports Event Ticket (Single) | 1,500 LKR (4.65 USD) | 80 SGD (58.40 USD) |
Gym Membership | 2,000 LKR (6.20 USD) | 100 SGD (73 USD) |
Swimming Pool Access | 1,500 LKR (4.65 USD) | 20 SGD (14.60 USD) |
Museum Entry Ticket | 500 LKR (1.55 USD) | 15 SGD (10.95 USD) |
Zoo Entry Ticket | 800 LKR (2.48 USD) | 30 SGD (21.90 USD) |
Amusement Park Entry Ticket | 1,000 LKR (3.10 USD) | 60 SGD (43.80 USD) |
Bowling | 800 LKR (2.48 USD) | 20 SGD (14.60 USD) |
Mini Golf | 1,000 LKR (3.10 USD) | 10 SGD (7.30 USD) |
Video Games | 2,000 LKR (6.20 USD) | 60 SGD (43.80 USD) |
Streaming Services | 500 LKR (1.55 USD) | 15 SGD (10.95 USD) |
Outdoor Equipment Rental | 1,000 LKR (3.10 USD) | 50 SGD (36.50 USD) |
Theme Park Annual Pass | 10,000 LKR (31 USD) | 200 SGD (146 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 7.28 times less for entertainment, recreation and fun activities.
Indicators | Sri Lanka | Singapore |
---|---|---|
Language Classes | 10,000 LKR (31 USD) | 200 SGD (146 USD) |
Parenting Classes | 2,000 LKR (6.20 USD) | 100 SGD (73 USD) |
Art Classes | 1,500 LKR (4.65 USD) | 40 SGD (29.20 USD) |
Fitness Classes | 1,500 LKR (4.65 USD) | 25 SGD (18.25 USD) |
Music Lessons | 2,000 LKR (6.20 USD) | 50 SGD (36.50 USD) |
Dance Lessons | 1,500 LKR (4.65 USD) | 60 SGD (43.80 USD) |
Reading Materials for Classes | 500 LKR (1.55 USD) | 10 SGD (7.30 USD) |
Educational Software | 5,000 LKR (15.50 USD) | 50 SGD (36.50 USD) |
If you lived in Sri Lanka, instead of Singapore, you would have to pay 5.25 times less for Private Classes.
Indicators | Sri Lanka | Singapore |
---|---|---|
Average Gross Monthly Salary | 60,000 LKR (186 USD) | 5,000 SGD (3,650 USD) |
Average Net Monthly Salary | 45,000 LKR (139.50 USD) | 4,000 SGD (2,920 USD) |
Minimum Wages | 666.67 LKR per hour (2.07 USD) | 50 SGD per hour (36.50 USD) |
Average Bonus | 10,000 LKR (31 USD) | 1,000 SGD (730 USD) |
Income Tax Rate | 0 to 15 % | 0 to 8 % |
Social Security Contributions | 5 % | 20 % |
Pension Contributions | 3 % | 5 % |
Cost of Living Index | 30 | 80 |
Median Household Income | 50,000 LKR (155 USD) | 4,500 SGD (3,285 USD) |
If you lived in Sri Lanka, you would earn 20.68 times less salary as compared to Singapore.
Indicators | Sri Lanka | Singapore |
---|---|---|
Legal Consultation Per Hour Rate | 5,000 LKR (15.50 USD) | 300 SGD (219 USD) |
Accounting Services Per Hour Rate | 4,000 LKR (12.40 USD) | 250 SGD (182.50 USD) |
IT Support Services Per Hour Rate | 3,000 LKR (9.30 USD) | 200 SGD (146 USD) |
Technician Services Per Hour Rate | 2,500 LKR (7.75 USD) | 150 SGD (109.50 USD) |
Professional Services cost 14.62 times less in Sri Lanka, as compared to Singapore.
We hope you enjoyed the detailed guide on the cost of living comparsion between Sri Lanka and Singapore.
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