Cost of living in Kolonnawa
Kolonnawa, a suburb of Colombo in Sri Lanka, offers a unique blend of urban and suburban living. Understanding the cost of living here is crucial for anyone planning to move or invest in the area.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you make informed financial decisions.
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 $8.59.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $25.76, with prices ranging from $17.17 to $68.68.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.56, with a range between $6.53 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 $1.55 to $4.12, and Coke/Pepsi $0.52 to $1.72.
Grocery Prices
- Milk - Milk is priced between $1.55 and $1.89 per liter, averaging $1.72.
- 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 $13.74 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 $1.55 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 $25,756.64 and $48,079.07, while a Toyota Corolla ranges from $27,473.75 to $51,513.28.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is not specified in the data provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the city centre is not specified in the data provided.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is not specified in the data provided.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is not specified in the data provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $34.34 and $85.86, averaging $57.95.
- Internet - Internet services range from $7.73 to $51.51, 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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Salaries And Financing
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"Key Takeaways"
Kolonnawa offers affordable dining options, with inexpensive meals costing as low as $1.72.
Grocery prices are relatively low, with essentials like bread and milk being quite affordable.
Transportation costs are moderate, with gasoline prices averaging $1.29 per liter.
Utilities are reasonably priced, making it cost-effective for residents to manage monthly expenses.
Conclusion
Kolonnawa presents a cost-effective living environment, especially for those looking to save on dining and grocery expenses.
While housing data is limited, the overall affordability in other categories suggests a balanced cost of living.
Potential residents can enjoy a comfortable lifestyle without incurring high monthly expenses, making Kolonnawa an attractive option for many.