Cost of living in Moratuwa

Moratuwa, a bustling city in Sri Lanka, offers a unique blend of urban and suburban living. Understanding the cost of living here is crucial for both residents and newcomers.

This guide provides a detailed breakdown of expenses in Moratuwa, covering essential categories such as groceries, transportation, and housing.

Cost of Living Summary

Grocery Prices

  • Milk - Milk is priced at an average of $1.46 per liter.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs an average of $0.52.
  • Eggs (Dozen) - A dozen eggs are priced at an average of $2.72.
  • Local Cheese - Local cheese costs an average of $13.74 per kilogram.
  • Rice - Rice is priced at an average of $0.96 per kilogram.

Transportation

  • Public Transport (One-Way Ticket) - A one-way ticket for local transport costs an average of $0.10.

Salaries and Financing

  • Average Monthly Net Salary (After Tax) - The average monthly net salary after tax is approximately $137.37.
  • Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan is around 30%.
Worldwide
Sri Lanka

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.

Highest to LowestUpdated: Dec, 2024
Colombo
1. Colombo
Sri Lanka

Cost of Living Data

The following pricing data has been gathered from 3 user contributions, as of the most recent update in November, 2024.
Markets
Avg / Range
Milk (regular), (1 liter)
$1.46
Loaf of Fresh White Bread (500g)
$0.52
Eggs (regular) (12)
$2.72
Local Cheese (1kg)
$13.74
Rice (white), (1kg)
$0.96
Transportation
Avg / Range
One-way Ticket (Local Transport)
$0.10
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$137.37
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
30%
OverviewJob Market
Moratuwa Cost of Living

"Key Takeaways"

Moratuwa offers affordable grocery prices, with staples like bread and rice being particularly inexpensive.

Transportation costs are minimal, making it easy to navigate the city on a budget.

However, the average monthly salary is relatively low, which may impact overall affordability for residents.

Conclusion

In conclusion, Moratuwa presents a cost-effective living environment, especially in terms of groceries and transportation.

Potential residents should consider the low average salary and high mortgage interest rates when planning their finances.

Moratuwa

Nearby Cities

Sri Jayawardenepura Kotte8 miles
Colombo11 miles
Galle56 miles
Kandy63 miles
All cities in Sri Lanka