Last update: Oct 2026

Cost of Living Comparison Between Italy and Sri Lanka

For one person, living is cheaper in Sri Lanka: $608 a month against $1,838 in Italy, rent and utilities included – about $14,800 less a year. Rent and utilities account for most of the difference.

🇮🇹 Italy
$1,838
/mo nomad
🇱🇰 Sri Lanka
$608
/mo nomad
Monthly Cost of Living

How much you'll spend in Italy and in Sri Lanka

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Italy and in Sri Lanka actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,838 in Italy versus $608 in Sri Lanka.

  • Italy $1,838
  • Sri Lanka $608

Estimated couple costs with rent: $2,793 in Italy versus $963 in Sri Lanka.

  • Italy $2,793
  • Sri Lanka $963

Monthly costs for a family of three with rent: $3,748 in Italy versus $1,319 in Sri Lanka.

  • Italy $3,748
  • Sri Lanka $1,319

Living in Italy is roughly 202% more expensive than in Sri Lanka on average.

Italy (37% above) and Sri Lanka (55% below) straddle the global median.

Currency
🍽 Eating Out
Italy
Sri Lanka
Difference
Meal at Budget Restaurant
$20.52 €18.31
$2.76 LKR 913
643.48%
Three-Course Dinner for Two, Mid-Range
$79.8 €71.2
$19.14 LKR 6,333
316.72%
Fast Food Meal (McDonalds, etc)
$11.30 €10.08
$7.39 LKR 2,446
52.91%
Cappuccino
$2.04 €1.82
$2.32 LKR 767
-12.07%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.98 €2.66
$0.66 LKR 217
351.52%
Water (0.33 liter bottle)
$1.35 €1.21
$0.29 LKR 95.5
365.52%
Local Beer (0.5 liter draught)
$5.56 €4.97
$2.33 LKR 769
138.63%
Imported Beer (0.33 liter bottle)
$5.50 €4.91
$3.05 LKR 1,009
80.33%
🛒 Groceries & Markets
Italy
Sri Lanka
Difference
Milk (1 liter)
$1.64 €1.46
$1.59 LKR 527
3.14%
White Bread (500g)
$2.31 €2.06
$0.49 LKR 161
371.43%
Rice (white) (1kg)
$2.93 €2.61
$0.70 LKR 230
318.57%
Eggs
$4.10 €3.66
$1.62 LKR 537
153.09%
Local Cheese (1kg)
$17.49 €15.61
$12.02 LKR 3,976
45.51%
Chicken Fillets (1kg)
$12.66 €11.29
$4.25 LKR 1,406
197.88%
Beef Round Steak (1kg)
$20.70 €18.47
$7.37 LKR 2,439
180.87%
Apples (1kg)
$2.53 €2.26
$5.61 LKR 1,857
-54.90%
Banana (1kg)
$2.17 €1.94
$0.78 LKR 257
178.21%
Oranges (1kg)
$2.61 €2.33
$4.44 LKR 1,467
-41.22%
Tomato (1kg)
$3.28 €2.93
$1.26 LKR 416
160.32%
Potato (1kg)
$1.95 €1.74
$0.94 LKR 310
107.45%
Onion (1kg)
$1.84 €1.64
$0.83 LKR 273
121.69%
Lettuce (1 head)
$1.57 €1.40
$0.81 LKR 268
93.83%
Water (1.5 liter bottle)
$0.51 €0.45
$0.47 LKR 157
8.51%
Cigarettes 20 Pack (Marlboro, Camel)
$6.83 €6.09
$9.95 LKR 3,291
-31.36%
Wine (Bottle)
$7.95 €7.10
$11.98 LKR 3,962
-33.64%
Local Beer (0.5 liter bottle)
$1.75 €1.56
$1.92 LKR 635
-8.85%
Imported Beer (0.33 liter bottle)
$2.44 €2.18
$2.65 LKR 878
-7.92%
🚌 Getting Around
Italy
Sri Lanka
Difference
One-way Ticket (Public Transport)
$1.88 €1.68
$0.19 LKR 62.8
889.47%
Public Transport Monthly Pass (Regular Price)
$42.69 €38.09
$5.95 LKR 1,970
617.48%
Taxi Start (Normal Tariff)
$5.77 €5.15
$0.46 LKR 154
1154.35%
Taxi (Normal Tariff) (1km)
$1.72 €1.54
$0.34 LKR 114
405.88%
Taxi 1hour Waiting (Normal Tariff)
$34.10 €30.43
$0.95 LKR 315
3489.47%
Gasoline (1 liter)
$2.11 €1.88
$1.27 LKR 420
66.14%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.1K €33.1K
$30.0K LKR 9.9M
23.53%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.0K €32.1K
$40.3K LKR 13.3M
-10.63%
🧾 Monthly Utilities & Internet
Italy
Sri Lanka
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$223 €199
$46.21 LKR 15.3K
381.56%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.53 €10.29
$4.00 LKR 1,324
188.25%
Internet (50+ Mbps, Unlimited Data)
$31.07 €27.73
$16.77 LKR 5,547
85.27%
🎉 Sport & Entertainment
Italy
Sri Lanka
Difference
Gym Membership (Monthly)
$54.0 €48.18
$12.28 LKR 4,063
339.66%
Tennis Court (1 Hour on Weekend)
$23.70 €21.15
$6.36 LKR 2,104
272.64%
Cinema Ticket
$10.81 €9.64
$3.73 LKR 1,233
189.81%
🧸 Childcare & Education
Italy
Sri Lanka
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$551 €492
$35.47 LKR 11.7K
1453.34%
International Primary School, 1 Child (Yearly)
$11.6K €10.4K
$581 LKR 192.1K
1900.37%
👕👟 Clothing & Footwear
Italy
Sri Lanka
Difference
Jeans (Levis 501 Or Similar)
$91.3 €81.5
$20.41 LKR 6,752
347.43%
Summer Dress (H&M, Zara, etc)
$38.49 €34.35
$15.50 LKR 5,129
148.32%
Sport Shoes (Adidas, Nike)
$104 €93.0
$72.7 LKR 24.0K
43.44%
Men's Leather Business Shoes
$130 €116
$37.40 LKR 12.4K
246.42%
🏠 Accommodation & Living
Italy
Sri Lanka
Difference
1-bedroom Apartment, City Center (Monthly)
$797 €711
$309 LKR 102.2K
158.00%
1-bedroom Apartment, Outside City Center (Monthly)
$624 €557
$139 LKR 46.0K
348.88%
3-bedroom Apartment, City Center (Monthly)
$1,406 €1,255
$765 LKR 253.2K
83.78%
3-bedroom Apartment, Outside City Center (Monthly)
$1,053 €940
$243 LKR 80.4K
332.97%
Buy Apartment in City Center (m2)
$3,680 €3,284
$3,632 LKR 1.2M
1.30%
Buy Apartment Outside City Center (m2)
$2,261 €2,018
$1,134 LKR 375.1K
99.44%
💵 Salaries & Financials
Italy
Sri Lanka
Difference
Average Monthly Net Salary (After Tax)
$1,925 €1,718
$216 LKR 71.5K
791.23%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.56
13.46
-73.55%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Italy: October 6, 2026

Last update for Sri Lanka: October 5, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Italy
$624
Sri Lanka
$139 77.7% $485
Groceries & Markets
Italy
$349
Sri Lanka
$219 37.5% $131
Eating Out
Italy
$279
Sri Lanka
$94 66.4% $185
Monthly Utilities & Internet
Italy
$265
Sri Lanka
$67 74.7% $198
Clothing & Footwear
Italy
$164
Sri Lanka
$66 59.9% $98
Sport & Entertainment
Italy
$76
Sri Lanka
$20 73.9% $56
Getting Around
Italy
$65
Sri Lanka
$8.9 86.2% $56

Cost Breakdown

National rent averages: $730 in Italy, $57.0 in Sri Lanka. Capital cities: $1,205 in Rome vs $302 in Sri Jayawardenepura Kotte.

National salary averages: $1,908 in Italy, $201 in Sri Lanka. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 1181% higher in Italy.

Dining out costs 270% more in Italy.

Public transport is 4100% more expensive in Italy.

Salaries are 849% higher in Italy, and purchasing power comes out stronger in Italy.

Good to know
🇮🇹 Italy
🇱🇰 Sri Lanka
🕒 Local time
17:08 5:08 PM
20:38 8:38 PM
3 h 30 min ahead of Italy
🌤 Weather
👥 Population
58,850,717
21,444,000
💱 Currency
Euro EUR €
Exchange rates and currency converter

LKR, USD to EUR – Euro Converter

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Sri Lankan Rupee exchange rates as of October 10, 2026: 1 USD = 331 LKR (1,000 LKR = 3.02 USD). 1 EUR = 371 LKR (1,000 LKR = 2.7 EUR).

On the map
Between locations
  • Italy Sri Lanka 7,640 km ≈ 10 h nonstop flight
From you
  • Italy
  • Sri Lanka

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Italy vs Sri Lanka: Cost of Living - Frequently Asked Questions
What is the cost difference between Italy and Sri Lanka?
At $1,838 per month in Italy and $608 in Sri Lanka, there's a 202% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.
Which country is cheaper for everyday spending?
Day-to-day life is cheaper in Sri Lanka: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.
Which country has higher housing costs?
Rent for a central one-bedroom averages $730 in Italy and $57.0 in Sri Lanka. Rents vary a lot between cities, so the gap depends on where you settle.
Is $1,200 a realistic budget in Italy or in Sri Lanka?
In Sri Lanka, $1,200 covers most cities easily; in Italy it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.
Should I move to Italy or to Sri Lanka?
It depends on what you're after: Sri Lanka wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.

Italy vs other spots: cost of living compared

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