Cost of living in Nieuw Amsterdam
Nieuw Amsterdam, located in Suriname, offers a unique blend of cultural heritage and modern living. Understanding the cost of living in this city is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $6.94 on average, with a range between $4 and $10.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $56.3, with prices ranging from $40 to $400.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.45, with a range between $8 and $11.42.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.5 to $3.75, imported beer $2 to $4.72, cappuccino $2.15 to $4.24, and Coke/Pepsi $0.85 to $2.
Grocery Prices
- Milk - Milk is priced between $1 and $2.5 per liter, averaging $1.63.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1 and $2, with an average price of $1.26.
- Eggs (Dozen) - A dozen eggs range from $1.69 to $3.96, averaging $3.2.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.5 to $6 per kg, while oranges range from $1.5 to $5 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.75 and $2 per kg, and lettuce costs $1 to $4.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.93 and $1.3 per liter.
- Taxi Fares - Taxi fares start at $1.35, with a cost of $2 to $3 per km and $7 to $15 per hour of waiting.
Housing Costs
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate is between 7% and 18%, averaging 16%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $23.66 and $80, averaging $39.23.
- Internet - Internet services range from $20.03 to $38, with an average cost of $29.19.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Nieuw Amsterdam offers a relatively affordable cost of living compared to many urban centers. Dining out is quite economical, especially at casual restaurants.
Grocery prices are moderate, with essentials like milk and bread being reasonably priced. Transportation costs are manageable, with affordable fuel prices.
Utilities and internet services are cost-effective, making it easier to manage monthly expenses. However, the high variability in mortgage interest rates suggests careful financial planning for homebuyers.
Conclusion
In conclusion, Nieuw Amsterdam presents a balanced cost of living with affordable dining and transportation options. While housing costs can vary, especially in terms of mortgage rates, the overall expenses remain manageable.
Prospective residents should consider these factors when planning their move to Nieuw Amsterdam, ensuring a comfortable and financially sustainable lifestyle.