Cost of living in Paranam
Paranam, a city in Suriname, offers a unique blend of cultural and economic factors that influence its cost of living. Understanding these costs is crucial for anyone considering moving to or living in Paranam.
This guide provides a detailed breakdown of the cost of living in Paranam, covering essential categories such as dining, groceries, transportation, housing, and utilities.
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 $1.41 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 loan ranges from 7% to 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
We don't have enough data available for this city...
Restaurants
Restaurants
Avg
Range
Meal, Inexpensive Restaurant
$6.94
Meal for 2 People, Mid-range Restaurant, Three-course
$56.30
McMeal at McDonalds (or Equivalent Combo Meal)
$10.45
Domestic Beer (0.5 liter draught)
$2.00
Imported Beer (0.33 liter bottle)
$3.00
Coke/Pepsi (0.33 liter bottle)
$1.18
Water (0.33 liter bottle)
$0.55
Cappuccino (regular)
$2.15
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$1.63
Loaf of Fresh White Bread (500g)
$1.26
Eggs (regular) (12)
$3.20
Local Cheese (1kg)
$12.47
Water (1.5 liter bottle)
$1.58
Bottle of Wine (Mid-Range)
$10.00
Domestic Beer (0.5 liter bottle)
$2.17
Imported Beer (0.33 liter bottle)
$3.24
Cigarettes 20 Pack (Marlboro)
$5.64
Chicken Fillets (1kg)
$5.17
Apples (1kg)
$4.73
Oranges (1kg)
$3.04
Potato (1kg)
$1.30
Lettuce (1 head)
$1.89
Rice (white), (1kg)
$1.35
Tomato (1kg)
$3.85
Banana (1kg)
$2.01
Onion (1kg)
$1.88
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$9.07
Transportation
Transportation
Avg
Range
Gasoline (1 liter)
$1.11
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$25,000.00
Taxi Start (Normal Tariff)
$3.00
Taxi 1km (Normal Tariff)
$2.50
Taxi 1hour Waiting (Normal Tariff)
$10.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$25,000.00
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$39.23
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$29.19
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$25.94
Sports And Leisure
Sports And Leisure
Avg
Range
Cinema, International Release, 1 Seat
$4.63
Clothing And Shoes
Clothing And Shoes
Avg
Range
1 Pair of Jeans (Levis 501 Or Similar)
$36.30
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$28.44
1 Pair of Nike Running Shoes (Mid-Range)
$75.41
1 Pair of Men Leather Business Shoes
$110.56
Salaries And Financing
Salaries And Financing
Avg
Range
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
16%
Childcare
Childcare
Avg
Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$63.03
International Primary School, Yearly for 1 Child
$380.51
Paranam Cost of Living
"Key Takeaways"
Paranam offers a relatively affordable cost of living, especially in terms of dining and basic utilities.
Transportation costs are moderate, with affordable taxi fares and gasoline prices.
Grocery prices vary, with some items like local cheese and beef being more expensive.
Conclusion
In conclusion, Paranam presents a cost-effective living environment with affordable dining and utility costs.
Potential residents should consider the variability in grocery prices and transportation costs when planning their budget.
Paranam