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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


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Annual Subscription = $89 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

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Sri Lanka, Colombo
Overview

Sri Lanka, ColomboColombo is the largest city and commercial capital of Sri Lanka. The great majority of Sri Lankan corporations have their head offices in Colombo. Some of the industries include chemicals, textiles, glass, cement, leather goods, furniture, and jewellery. In the city centre is located South Asia's second tallest building - The World Trade Centre.

Sri Lanka is an island in the Indian Ocean, south of India. The climate is tropical monsoon.

The official languages are Sinhala and Tamil. English is the language of business. Many Sri Lankans outside business speak some English. The main religions are Buddhism, Hinduism, Islam and Christianity.

The economy of Sri Lanka is famous for the production and export of tea, coffee, coconuts, rubber and cinnamon which is native to the country.

Expatriate business dress is generally conservative, although casual smart clothing is acceptable given the warm weather. Sri Lanka is proud of it's tea and it is customary to be offered tea at business meetings. Expatriates who decline tea may be considered impolite.

The security risk for expatriates in Sri Lanka is medium. Risks include petty crime, tension between Sinhalese Buddhists, Tamil Hindus and Tamil Muslims and occasional clashes with the security forces.

The currency of Sri Lanka is the Sri Lanka Rupee (LKR). While ATMs are available in major urban areas not all international cards are accepted. Major credit cards are accepted at some shops and restaurants.

Medical facilities are not generally comparable to those of Western Europe and North America, especially in rural areas. In Colombo specialist medical care is available, but it is expensive.

The population of Colombo is 5.7 Million (2016 est.), while the inflation rate is 4.8% (July 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in Colombo as at 1 July 2017 is very low in comparison to other places in the world.

In Colombo, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Very High
2) Clothing: Very Low
3) Communication: Very Low
4) Education: Very Low
5) Furniture & Appliances: Low
6) Groceries: Low
7) Healthcare: Very Low
8) Household Accommodation: Average
9) Miscellaneous: Average
10) Personal Care: Very Low
11) Recreation & Culture: Very Low
12) Restaurants Meals Out and Hotels: Very Low
13) Transport: Very Low

Colombo is for example 6.4% more expensive than Houston TX for groceries, 21.4% more expensive for household costs than Kuala Lumpur, and -11.7% cheaper for transport costs than Dubai.

Colombo is ranked as a high degree of hardship location.

The hardship premium for Colombo for an expat from Perth, is for example 20%, i.e. host location (Colombo) premium of 30% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Colombo? Register subscribe to your home location and Colombo and run your personalised reports.

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