Verified Facts

Official NameRepublic of Suriname
CapitalParamaribo
Population616,500
Area163,820 km² (63,251 sq mi)
LanguagesDutch
CurrencySurinamese dollar ($)
TimezoneUTC-03:00
RegionAmericas / South America
Drives onLeft
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$21,801 (2024)
Inflation Rate16.2% (2024)
Health Spend per Capita$297 (2023)
Out-of-Pocket Health Spend19.7% (2023)
Education Spend (% GDP)2.9% (2023)
Source: World Bank Open Data

The cost of living in Suriname is generally considered to be moderate, with daily expenses ranging from $30-100 USD per day for a backpacker, $50-150 USD per day for mid-range travelers, and $100-250 USD per day for those seeking a more comfortable experience.

Quick Facts

Cost LevelModerate
Daily Budget (Backpacker)$30-100 USD
Daily Budget (Mid-Range)$50-150 USD
Daily Budget (Comfort)$100-250 USD
CurrencySRD
Tipping Customnot expected

How Expensive Is Suriname?

Suriname is a relatively affordable country to visit or live in, especially when compared to its neighbors in South America. The cost of living in Suriname is lower than in countries like Brazil and French Guiana, but higher than in Guyana. The country's economy is primarily driven by its natural resources, including oil, gold, and timber, which contributes to its moderate cost of living. Overall, Suriname offers a unique blend of affordability and quality of life, making it an attractive destination for tourists and expats alike.

In terms of global averages, Suriname's cost of living is slightly higher than the global average, but still relatively affordable. The country's capital, Paramaribo, is the most expensive city in Suriname, with higher prices for accommodation, food, and transportation. However, the cost of living in other parts of the country is significantly lower, making it an attractive option for those looking to escape the city.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$10-30basic rooms with shared facilities
Mid-Range Hotel$30-70comfortable rooms with private facilities
Luxury/Resort$100-250high-end amenities and services
Apartment Rent (monthly)$200-500city center, furnished, 1-2 bedrooms
Apartment Rent (monthly)$100-300outside city center, furnished, 1-2 bedrooms

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$3-5
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$20-40
Fine Dining$50-100
Beer (local)$2-5
Coffee$1-3
Water (1.5L bottle)$1-2

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.50-1.50
Taxi (per km)$1-3
Domestic flight$50-100
Fuel (per liter)$0.50-1.00

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food3006001,200
Transport100200400
Utilities100200400
Entertainment200400800
Total9001,8003,600

Money-Saving Tips

  • Consider staying in a hostel or guesthouse instead of a hotel to save on accommodation costs.
  • Eat at local eateries or street food stalls to experience authentic Surinamese cuisine at a lower cost.
  • Use public transportation or walk/bike whenever possible to reduce transportation expenses.
  • Shop at local markets or supermarkets for groceries and other essentials.
  • Avoid exchanging money at airports or hotels, as the rates are often unfavorable.
  • Learn some basic Dutch phrases to negotiate prices and interact with locals, which can help you save money and have a more authentic experience.