Cost of living comparison
Sri Lanka is 42.4% cheaper than Panama overall.
- Restaurants
-
pay 51.0% less in Sri Lanka
- Groceries
-
pay 15.0% less in Sri Lanka
- Transportation
-
pay 10.9% less in Sri Lanka
- Housing
-
pay 70.8% less in Sri Lanka
- Childcare
-
pay 91.9% less in Sri Lanka
- Entertainment and Sports
-
pay 15.2% less in Sri Lanka
- Clothing
-
pay 42.0% less in Sri Lanka
Expenses including childcare, housing, restaurants, clothing, entertainment and sports, and groceries are lower in Sri Lanka.
If you lived in Sri Lanka instead of Panama, you would:
pay 51.0% less for restaurants
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.45
PAB8.45
|
$2.86
LKR850.41
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.90
PAB7.90
|
$6.80
LKR2,017.93
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.54
PAB1.54
|
$0.71
LKR209.96
|
|
| Bottle of water (11 fl. oz) |
$1.17
PAB1.17
|
$0.35
LKR104.50
|
|
pay 15.0% less for groceries
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.19
PAB2.19
|
$0.56
LKR167.33
|
|
| Local cheese (8 oz) |
$5.66
PAB5.66
|
$6.21
LKR1,844.73
|
|
| Milk (1 gallon) |
$6.43
PAB6.43
|
$6.31
LKR1,874.31
|
|
|
Eggs
1 dozen
|
$2.53
PAB2.53
|
$2.18
LKR646.73
|
|
| Boneless chicken breast (1 lb) |
$3.54
PAB3.54
|
$2.29
LKR680.73
|
|
| Apples (1 lb) |
$2.12
PAB2.12
|
$3.04
LKR901.54
|
|
| Bananas (1 lb) |
$0.61
PAB0.61
|
$0.44
LKR131.69
|
|
| Oranges (1 lb) |
$1.29
PAB1.29
|
$2.56
LKR760.87
|
|
| Tomatoes (1 lb) |
$1.16
PAB1.16
|
$0.50
LKR148.28
|
|
| Potatoes (1 lb) |
$0.98
PAB0.98
|
$0.48
LKR143.14
|
|
| Onions (1 lb) |
$1.01
PAB1.01
|
$0.44
LKR131.45
|
|
pay 10.9% less for transportation
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.92
PAB3.92
|
$4.84
LKR1,435.82
|
|
| Monthly public transit pass |
$25.00
PAB25.00
|
$10.76
LKR3,195.05
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,916.67
PAB18,916.67
|
$32,478.81
LKR9,644,245.29
|
|
| Taxi trip in downtown area (5 miles) |
$16.61
PAB16.61
|
$3.09
LKR916.71
|
|
pay 70.8% less for housing
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.61
PAB47.61
|
$13.80
LKR4,097.65
|
|
| 1-Bedroom apartment in downtown area |
$747.76
PAB747.76
|
$163.33
LKR48,500.29
|
|
| 1-Bedroom apartment outside city center |
$567.84
PAB567.84
|
$123.34
LKR36,625.34
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.20
PAB69.20
|
$30.68
LKR9,110.75
|
|
pay 91.9% less for childcare
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$302.08
PAB302.08
|
$26.94
LKR7,999.64
|
|
| Middle school for 1 child, two semesters |
$6,548.17
PAB6,548.17
|
$475.05
LKR141,062.64
|
|
pay 15.2% less for entertainment and sports
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.95
PAB1.95
|
$2.00
LKR594.57
|
|
| Cappuccino in mid-range area |
$3.39
PAB3.39
|
$2.35
LKR697.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.38
PAB5.38
|
$8.91
LKR2,644.92
|
|
| Monthly membership at local gym |
$57.20
PAB57.20
|
$14.75
LKR4,381.23
|
|
| Movie ticket to theater/cinema |
$5.33
PAB5.33
|
$3.23
LKR958.51
|
|
pay 42.0% less for clothing
|
Panama
|
Sri Lanka
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.41
PAB47.41
|
$29.58
LKR8,782.01
|
|
|
Regular dress
from H&M or similar store
|
$34.81
PAB34.81
|
$19.20
LKR5,702.08
|
|
|
Running shoes
Nike or Adidas
|
$81.21
PAB81.21
|
$65.72
LKR19,514.77
|
|
| Men's business shoes (leather) |
$100.42
PAB100.42
|
$33.57
LKR9,967.67
|
|
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