Published: Monday, 21th October 2024
The cost of living in Sri Lanka is 4.13 times less expensive as compared to Taiwan.
On this page, you will find side-by-side cost comparison between Sri Lanka and Taiwan. 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 Taiwan.
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 Indicators  | Sri Lanka  | Taiwan  |
|---|---|---|
1 BHK Apartment in City Center  | 60,000 LKR (186 USD) | 30,000 TWD (930 USD) |
2 BHK Apartment in City Center  | 90,000 LKR (279 USD) | 50,000 TWD (1,550 USD) |
3 BHK Apartment in City Center  | 120,000 LKR (372 USD) | 70,000 TWD (2,170 USD) |
1 BHK Apartment outside City Center  | 30,000 LKR (93 USD) | 20,000 TWD (620 USD) |
2 BHK Apartment outside City Center  | 45,000 LKR (139.50 USD) | 35,000 TWD (1,085 USD) |
3 BHK Apartment outside City Center  | 60,000 LKR (186 USD) | 50,000 TWD (1,550 USD) |
Mortgage Rates Per Month  | 7.5 % | 1.5 % |
Realtor Commission  | 1 % | 1 % |
Property Taxes  | 0.2 to 0.4 % | 1.4 % |
The average housing cost in Sri Lanka is 6.01 times less expensive than Taiwan.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Basic Home Furnishing  | 200,000 LKR (620 USD) | 100,000 TWD (3,100 USD) |
Electricity Cost Per Month  | 5,000 LKR (15.50 USD) | 2,000 TWD (62 USD) |
Heating Cost Per Month  | 3,000 LKR (9.30 USD) | 1,500 TWD (46.50 USD) |
Cooling Cost Per Month  | 3,500 LKR (10.85 USD) | 1,500 TWD (46.50 USD) |
Water Supply Cost Per Month  | 1,500 LKR (4.65 USD) | 500 TWD (15.50 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 79.81% less for Utilities.
The basic home furnishing in Sri Lanka costs 5.00 times less compared to Taiwan.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Standard Wifi Cost Per Month  | 2,500 LKR (7.75 USD) | 1,200 TWD (37.20 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,500 LKR (4.65 USD) | 500 TWD (15.50 USD) |
Landline Basic Plan Cost Per Month  | 1,000 LKR (3.10 USD) | 300 TWD (9.30 USD) |
Cable TV Basic Plan Cost Per Month  | 2,000 LKR (6.20 USD) | 1,000 TWD (31 USD) |
The internet and communication costs 76.67% less in Sri Lanka compared to Taiwan.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Long Grain Rice (1 KG)  | 250 LKR (0.78 USD) | 60 TWD (1.86 USD) |
Milk (1 Liter)  | 200 LKR (0.62 USD) | 70 TWD (2.17 USD) |
Water (1 Liter)  | 50 LKR (0.15 USD) | 20 TWD (0.62 USD) |
Bread (500 gm)  | 150 LKR (0.46 USD) | 35 TWD (1.08 USD) |
Eggs (1 Dozen)  | 400 LKR (1.24 USD) | 90 TWD (2.79 USD) |
Cheese (1 KG)  | 1,000 LKR (3.10 USD) | 300 TWD (9.30 USD) |
Chicken Breast (1 KG)  | 1,200 LKR (3.72 USD) | 200 TWD (6.20 USD) |
In Sri Lanka, the cost of 1 Liter Water and 1 Liter Milk is 3.60 times less expensive than the cost in Taiwan.
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 58.06% less for Groceries.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Apples (1 KG)  | 500 LKR (1.55 USD) | 100 TWD (3.10 USD) |
Bananas (1 KG)  | 150 LKR (0.46 USD) | 50 TWD (1.55 USD) |
Oranges (1 KG)  | 300 LKR (0.93 USD) | 80 TWD (2.48 USD) |
Tomatoes (1 KG)  | 200 LKR (0.62 USD) | 60 TWD (1.86 USD) |
Potatoes (1 KG)  | 150 LKR (0.46 USD) | 40 TWD (1.24 USD) |
Lemons (1 KG)  | 400 LKR (1.24 USD) | 120 TWD (3.72 USD) |
Onions (1 KG)  | 200 LKR (0.62 USD) | 50 TWD (1.55 USD) |
Lentils (1 KG)  | 300 LKR (0.93 USD) | 80 TWD (2.48 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 2.64 times less for Fruits and Vegetables.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Meal at a Resonable Restaurant  | 1,500 LKR (4.65 USD) | 200 TWD (6.20 USD) |
Three-Course Meal for Two  | 4,500 LKR (13.95 USD) | 800 TWD (24.80 USD) |
Fast Food Combo Meal  | 700 LKR (2.17 USD) | 150 TWD (4.65 USD) |
Normal Coffee  | 300 LKR (0.93 USD) | 100 TWD (3.10 USD) |
Soft Drink  | 150 LKR (0.46 USD) | 50 TWD (1.55 USD) |
Pizza for One  | 1,200 LKR (3.72 USD) | 300 TWD (9.30 USD) |
Take-Out Delivery Meal  | 1,200 LKR (3.72 USD) | 250 TWD (7.75 USD) |
Cigarette Pack of 20  | 500 LKR (1.55 USD) | 150 TWD (4.65 USD) |
Dining-Out costs 49.75% less in Sri Lanka compared to Taiwan.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Wine Mid-Range Bottle  | 2,500 LKR (7.75 USD) | 1,000 TWD (31 USD) |
Glass of Wine  | 1,000 LKR (3.10 USD) | 200 TWD (6.20 USD) |
Domestic Beer Half Liter  | 250 LKR (0.78 USD) | 80 TWD (2.48 USD) |
Imported Beer Half Liter  | 500 LKR (1.55 USD) | 120 TWD (3.72 USD) |
Domestic Alcohol 1 Liter  | 1,000 LKR (3.10 USD) | 800 TWD (24.80 USD) |
Branded Alcohol 1 Liter  | 2,000 LKR (6.20 USD) | 1,200 TWD (37.20 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 4.69 times less for usual hard drinks.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Monthly Public Transportation Pass  | 2,000 LKR (6.20 USD) | 1,200 TWD (37.20 USD) |
Single Public Transportation Ticket  | 100 LKR (0.31 USD) | 30 TWD (0.93 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 15,000 LKR (46.50 USD) | 5,000 TWD (155 USD) |
Taxi Start Fare  | 300 LKR (0.93 USD) | 80 TWD (2.48 USD) |
Taxi Rate Per Kilometer  | 100 LKR (0.31 USD) | 20 TWD (0.62 USD) |
Car Rental Per Day  | 4,000 LKR (12.40 USD) | 2,000 TWD (62 USD) |
Parking Fees in City Center Per Hour  | 100 LKR (0.31 USD) | 100 TWD (3.10 USD) |
Parking Fees outside City Center Per Hour  | 50 LKR (0.15 USD) | 50 TWD (1.55 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 3.92 times less for transportation.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 2,000,000 LKR (6,200 USD) | 500,000 TWD (15,500 USD) |
Vehicle Registration Cost  | 10,000 LKR (31 USD) | 10,000 TWD (310 USD) |
Driving License Fees  | 2,000 LKR (6.20 USD) | 1,000 TWD (31 USD) |
Car Insurance Cost  | 20,000 LKR (62 USD) | 15,000 TWD (465 USD) |
Car Maintenance Cost  | 5,000 LKR (15.50 USD) | 3,000 TWD (93 USD) |
Car Loan Interest Rates  | 9 % | 2.5 % |
Fuel Per Liter  | 250 LKR (0.78 USD) | 35 TWD (1.08 USD) |
Fuel Per Gallon  | 950 LKR (2.94 USD) | 150 TWD (4.65 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 2.60 times less for Vehicle purchase, daily operation and maintenance in Sri Lanka compared to that of Taiwan.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Doctor Visit  | 3,000 LKR (9.30 USD) | 1,000 TWD (31 USD) |
Specialist Visit  | 5,000 LKR (15.50 USD) | 1,500 TWD (46.50 USD) |
Dentist Visit  | 4,000 LKR (12.40 USD) | 1,200 TWD (37.20 USD) |
Eye Exam  | 2,500 LKR (7.75 USD) | 800 TWD (24.80 USD) |
Mental Health Counseling  | 4,000 LKR (12.40 USD) | 1,500 TWD (46.50 USD) |
Preventive Health Screening  | 2,000 LKR (6.20 USD) | 800 TWD (24.80 USD) |
Physical Therapy  | 3,000 LKR (9.30 USD) | 1,000 TWD (31 USD) |
Emergency Room Visit  | 10,000 LKR (31 USD) | 2,000 TWD (62 USD) |
Hospital Stay Per Night  | 15,000 LKR (46.50 USD) | 5,000 TWD (155 USD) |
Vaccinations  | 1,000 LKR (3.10 USD) | 500 TWD (15.50 USD) |
Prescription Medication  | 1,500 LKR (4.65 USD) | 300 TWD (9.30 USD) |
Over the Counter Medication  | 1,000 LKR (3.10 USD) | 150 TWD (4.65 USD) |
Health Insurance Premiums  | 10,000 LKR (31 USD) | 5,000 TWD (155 USD) |
Health Insurance Deductibles  | 20,000 LKR (62 USD) | 10,000 TWD (310 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 3.75 times less for Health and Medical Treatment.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Cosmetic Procedures  | 20,000 LKR (62 USD) | 10,000 TWD (310 USD) |
Spa Treatment  | 5,000 LKR (15.50 USD) | 3,000 TWD (93 USD) |
Manicure Pedicure Cost  | 1,500 LKR (4.65 USD) | 1,000 TWD (31 USD) |
Optical Glasses Cost  | 5,000 LKR (15.50 USD) | 1,000 TWD (31 USD) |
Contact Lenses Cost  | 3,000 LKR (9.30 USD) | 800 TWD (24.80 USD) |
Haircuts  | 1,000 LKR (3.10 USD) | 500 TWD (15.50 USD) |
Hair Coloring  | 3,000 LKR (9.30 USD) | 2,000 TWD (62 USD) |
Shampoo Price  | 400 LKR (1.24 USD) | 100 TWD (3.10 USD) |
Toothpaste Price  | 150 LKR (0.46 USD) | 50 TWD (1.55 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 4.72 times less for Personal Care Items and Treatment.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Pair of Nike Running Shoes  | 15,000 LKR (46.50 USD) | 3,000 TWD (93 USD) |
Men's Shirt  | 3,000 LKR (9.30 USD) | 800 TWD (24.80 USD) |
Women's Dress  | 6,000 LKR (18.60 USD) | 1,500 TWD (46.50 USD) |
Summer Dress  | 4,000 LKR (12.40 USD) | 800 TWD (24.80 USD) |
Men's Suit  | 25,000 LKR (77.50 USD) | 10,000 TWD (310 USD) |
Men's Jeans  | 4,000 LKR (12.40 USD) | 1,500 TWD (46.50 USD) |
Women's Jeans  | 4,000 LKR (12.40 USD) | 1,200 TWD (37.20 USD) |
Men's Formal Shoes  | 6,000 LKR (18.60 USD) | 1,500 TWD (46.50 USD) |
Women's Formal Shoes  | 6,000 LKR (18.60 USD) | 1,500 TWD (46.50 USD) |
Men's Casual Shoes  | 5,000 LKR (15.50 USD) | 1,200 TWD (37.20 USD) |
Women's Casual Shoes  | 5,000 LKR (15.50 USD) | 1,200 TWD (37.20 USD) |
Underwear For Men  | 500 LKR (1.55 USD) | 200 TWD (6.20 USD) |
Underwear For Women  | 500 LKR (1.55 USD) | 200 TWD (6.20 USD) |
Socks For Men  | 300 LKR (0.93 USD) | 50 TWD (1.55 USD) |
Socks For Women  | 300 LKR (0.93 USD) | 50 TWD (1.55 USD) |
Wintercoat for Adults  | 8,000 LKR (24.80 USD) | 2,000 TWD (62 USD) |
Sportswear  | 5,000 LKR (15.50 USD) | 1,000 TWD (31 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 2.84 times less for Clothing and Footwear for Adults.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Children's Jeans  | 2,500 LKR (7.75 USD) | 800 TWD (24.80 USD) |
Children's Normal Sneakers  | 3,500 LKR (10.85 USD) | 1,000 TWD (31 USD) |
Children's Winter Coat  | 4,000 LKR (12.40 USD) | 1,500 TWD (46.50 USD) |
Daycare for Infant  | 20,000 LKR (62 USD) | 10,000 TWD (310 USD) |
Daycare for Toddler  | 25,000 LKR (77.50 USD) | 8,000 TWD (248 USD) |
Childcare for Sick Days  | 2,000 LKR (6.20 USD) | 800 TWD (24.80 USD) |
Early Childhood Education Programs  | 20,000 LKR (62 USD) | 6,000 TWD (186 USD) |
Extra Curricular Activities  | 5,000 LKR (15.50 USD) | 1,000 TWD (31 USD) |
Summer Camp for Kids  | 10,000 LKR (31 USD) | 3,000 TWD (93 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 3.49 times less for Childcare and kids clothing.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
PreSchool Fees  | 30,000 LKR (93 USD) | 12,000 TWD (372 USD) |
Primary School Fees  | 50,000 LKR (155 USD) | 20,000 TWD (620 USD) |
Secondary School Fees  | 60,000 LKR (186 USD) | 25,000 TWD (775 USD) |
Private School Fees  | 80,000 LKR (248 USD) | 50,000 TWD (1,550 USD) |
University Tuition Fees  | 150,000 LKR (465 USD) | 120,000 TWD (3,720 USD) |
University Private Tuition Fees  | 300,000 LKR (930 USD) | 200,000 TWD (6,200 USD) |
After School Activities  | 5,000 LKR (15.50 USD) | 1,000 TWD (31 USD) |
Special Education Services  | 15,000 LKR (46.50 USD) | 2,000 TWD (62 USD) |
Tutoring  | 2,000 LKR (6.20 USD) | 800 TWD (24.80 USD) |
Textbooks Cost  | 4,000 LKR (12.40 USD) | 1,000 TWD (31 USD) |
School Supplies  | 2,000 LKR (6.20 USD) | 500 TWD (15.50 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 6.19 times less for school and education.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Movie Ticket (Single)  | 800 LKR (2.48 USD) | 300 TWD (9.30 USD) |
Theater Ticket (Single)  | 1,200 LKR (3.72 USD) | 600 TWD (18.60 USD) |
Concert Ticket (Single)  | 2,000 LKR (6.20 USD) | 800 TWD (24.80 USD) |
Sports Event Ticket (Single)  | 1,500 LKR (4.65 USD) | 600 TWD (18.60 USD) |
Gym Membership  | 2,000 LKR (6.20 USD) | 2,000 TWD (62 USD) |
Swimming Pool Access  | 1,500 LKR (4.65 USD) | 1,500 TWD (46.50 USD) |
Museum Entry Ticket  | 500 LKR (1.55 USD) | 200 TWD (6.20 USD) |
Zoo Entry Ticket  | 800 LKR (2.48 USD) | 300 TWD (9.30 USD) |
Amusement Park Entry Ticket  | 1,000 LKR (3.10 USD) | 800 TWD (24.80 USD) |
Bowling  | 800 LKR (2.48 USD) | 300 TWD (9.30 USD) |
Mini Golf  | 1,000 LKR (3.10 USD) | 400 TWD (12.40 USD) |
Video Games  | 2,000 LKR (6.20 USD) | 1,500 TWD (46.50 USD) |
Streaming Services  | 500 LKR (1.55 USD) | 200 TWD (6.20 USD) |
Outdoor Equipment Rental  | 1,000 LKR (3.10 USD) | 1,000 TWD (31 USD) |
Theme Park Annual Pass  | 10,000 LKR (31 USD) | 5,000 TWD (155 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 5.83 times less for entertainment, recreation and fun activities.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Language Classes  | 10,000 LKR (31 USD) | 1,000 TWD (31 USD) |
Parenting Classes  | 2,000 LKR (6.20 USD) | 800 TWD (24.80 USD) |
Art Classes  | 1,500 LKR (4.65 USD) | 600 TWD (18.60 USD) |
Fitness Classes  | 1,500 LKR (4.65 USD) | 500 TWD (15.50 USD) |
Music Lessons  | 2,000 LKR (6.20 USD) | 1,000 TWD (31 USD) |
Dance Lessons  | 1,500 LKR (4.65 USD) | 800 TWD (24.80 USD) |
Reading Materials for Classes  | 500 LKR (1.55 USD) | 300 TWD (9.30 USD) |
Educational Software  | 5,000 LKR (15.50 USD) | 500 TWD (15.50 USD) |
If you lived in Sri Lanka, instead of Taiwan, you would have to pay 2.29 times less for Private Classes.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Average Gross Monthly Salary  | 60,000 LKR (186 USD) | 50,000 TWD (1,550 USD) |
Average Net Monthly Salary  | 45,000 LKR (139.50 USD) | 35,000 TWD (1,085 USD) |
Minimum Wages  | 666.67 LKR per hour (2.07 USD) | 933.33 TWD per hour (28.93 USD) |
Average Bonus  | 10,000 LKR (31 USD) | 5,000 TWD (155 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 5 % |
Social Security Contributions  | 5 % | 6 % |
Pension Contributions  | 3 % | 5 % |
Cost of Living Index  | 30 | 70 |
Median Household Income  | 50,000 LKR (155 USD) | 45,000 TWD (1,395 USD) |
If you lived in Sri Lanka, you would earn 8.21 times less salary as compared to Taiwan.
Indicators | Sri Lanka | Taiwan |
|---|---|---|
Legal Consultation Per Hour Rate  | 5,000 LKR (15.50 USD) | 2,000 TWD (62 USD) |
Accounting Services Per Hour Rate  | 4,000 LKR (12.40 USD) | 1,800 TWD (55.80 USD) |
IT Support Services Per Hour Rate  | 3,000 LKR (9.30 USD) | 1,500 TWD (46.50 USD) |
Technician Services Per Hour Rate  | 2,500 LKR (7.75 USD) | 1,200 TWD (37.20 USD) |
Professional Services cost 4.48 times less in Sri Lanka, as compared to Taiwan.
We hope you enjoyed the detailed guide on the cost of living comparsion between Sri Lanka and Taiwan.
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