Cost of living in Kiribathgoda
Kiribathgoda, a bustling suburb in Sri Lanka, offers a unique blend of urban and suburban living. Understanding the cost of living here is crucial for both locals and expatriates planning to move or visit.
This guide provides a detailed breakdown of expenses in Kiribathgoda, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $3.43 on average, with a range between $1.72 and $8.58.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $25.75, with prices ranging from $17.17 to $68.67.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.55, with a range between $6.52 and $10.3.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.41 to $3.43, imported beer $2.06 to $6.87, cappuccino $1.54 to $4.12, and Coke/Pepsi $0.51 to $1.72.
Grocery Prices
- Milk - Milk is priced between $1.54 and $1.89 per liter, averaging $1.74.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.48 and $1.37, with an average price of $0.57.
- Eggs (Dozen) - A dozen eggs range from $1.34 to $2.68, averaging $2.24.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.72 to $10.3 per kg, while oranges range from $2.06 to $10.3 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.62 and $1.54 per kg, and lettuce costs $0.34 to $2.06 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.13 and $1.46 per liter.
- Taxi Fares - Taxi fares start at $0.34, with a cost of $0.29 to $0.69 per km and $0.34 to $1.03 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,749.55 and $48,065.82, while a Toyota Corolla ranges from $27,466.19 to $51,499.1.
Housing Costs
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan averages 18.5%, ranging from 15% to 30%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $34.33 and $85.83, averaging $57.94.
- Internet - Internet services range from $7.72 to $51.5, with an average cost of $16.57.
Cost of Living Rankings
The cost of living indices for Sri Lanka are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Sri Lanka, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Kiribathgoda offers a relatively affordable cost of living compared to many urban centers, with low dining and grocery prices.
Transportation costs are moderate, with affordable fuel prices and taxi fares.
Utilities and internet services are reasonably priced, making it a cost-effective place for residents.
Conclusion
In conclusion, Kiribathgoda presents a balanced cost of living, making it an attractive option for those seeking affordability without compromising on quality of life.
Whether you're planning to move or just visiting, understanding these costs can help you budget effectively and enjoy your time in this vibrant Sri Lankan suburb.