Last update: Oct 2026

Cost of Living Comparison Between Panama City and Nieuw Nickerie

90

Cost of Living Index in Panama City
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Panama City Living Index

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Panama City

🇵🇦 Panama

$1,837

/mo nomad

Nieuw Nickerie

🇸🇷 Suriname

/mo nomad

Meal at Budget Restaurant

$11.34 PAB 11.34

Three-Course Dinner for Two, Mid-Range

$47.85 PAB 47.85

Fast Food Meal (McDonalds, etc)

$8.07 PAB 8.07

Cappuccino

$4.02 PAB 4.02

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.94 PAB 1.94

Water (0.33 liter bottle)

$1.62 PAB 1.62

Local Beer (0.5 liter draught)

$3.26 PAB 3.26

Imported Beer (0.33 liter bottle)

$3.99 PAB 3.99

Milk (1 liter)

$1.83 PAB 1.83

White Bread (500g)

$2.57 PAB 2.57

Rice (white) (1kg)

$3.33 PAB 3.33

Eggs

$2.69 PAB 2.69

Local Cheese (1kg)

$12.33 PAB 12.33

Chicken Fillets (1kg)

$6.69 PAB 6.69

Beef Round Steak (1kg)

$10.40 PAB 10.40

Apples (1kg)

$4.16 PAB 4.16

Banana (1kg)

$1.84 PAB 1.84

Oranges (1kg)

$4.18 PAB 4.18

Tomato (1kg)

$4.08 PAB 4.08

Potato (1kg)

$3.50 PAB 3.50

Onion (1kg)

$4.37 PAB 4.37

Lettuce (1 head)

$2.34 PAB 2.34

Water (1.5 liter bottle)

$1.75 PAB 1.75

Cigarettes 20 Pack (Marlboro, Camel)

$6.06 PAB 6.06

Wine (Bottle)

$11.72 PAB 11.72

Local Beer (0.5 liter bottle)

$1.37 PAB 1.37

Imported Beer (0.33 liter bottle)

$2.84 PAB 2.84

One-way Ticket (Public Transport)

$0.36 PAB 0.36

Public Transport Monthly Pass (Regular Price)

$20.96 PAB 20.96

Taxi Start (Normal Tariff)

$2.52 PAB 2.52

Taxi (Normal Tariff) (1km)

$1.79 PAB 1.79

Taxi 1hour Waiting (Normal Tariff)

$22.01 PAB 22.01

Gasoline (1 liter)

$1.25 PAB 1.25

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.5K PAB 21.5K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.2K PAB 21.2K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$131 PAB 131

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.68 PAB 27.68

Internet (50+ Mbps, Unlimited Data)

$48.59 PAB 48.59

Gym Membership (Monthly)

$46.11 PAB 46.11

Tennis Court (1 Hour on Weekend)

$35.01 PAB 35.01

Cinema Ticket

$8.73 PAB 8.73

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$551 PAB 551

International Primary School, 1 Child (Yearly)

$9,560 PAB 9,560

Jeans (Levis 501 Or Similar)

$67.6 PAB 67.6

Summer Dress (H&M, Zara, etc)

$48.03 PAB 48.03

Sport Shoes (Adidas, Nike)

$94.9 PAB 94.9

Men's Leather Business Shoes

$113 PAB 113

1-bedroom Apartment, City Center (Monthly)

$1,238 PAB 1,238

1-bedroom Apartment, Outside City Center (Monthly)

$873 PAB 873

3-bedroom Apartment, City Center (Monthly)

$2,197 PAB 2,197

3-bedroom Apartment, Outside City Center (Monthly)

$1,538 PAB 1,538

Buy Apartment in City Center (m2)

$3,116 PAB 3,116

Buy Apartment Outside City Center (m2)

$1,725 PAB 1,725

Average Monthly Net Salary (After Tax)

$934 PAB 934

20-Year Fixed Mortgage Interest Rate (Annual %)

6.39

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

Last update for Panama City: October 3, 2026

Last update for Nieuw Nickerie: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Panama City

$873 47.2%

Nieuw Nickerie

–

Groceries & Markets

Panama City

$324 17.5%

Nieuw Nickerie

–

Monthly Utilities & Internet

Panama City

$207 11.2%

Nieuw Nickerie

–

Eating Out

Panama City

$202 10.9%

Nieuw Nickerie

–

Clothing & Footwear

Panama City

$146 7.9%

Nieuw Nickerie

–

Sport & Entertainment

Panama City

$64 3.4%

Nieuw Nickerie

–

Getting Around

Panama City

$34 1.8%

Nieuw Nickerie

–

Good to know

🇵🇦 Panama City

🇸🇷 Nieuw Nickerie

🕒 Local time

07:07 7:07 AM

09:07 9:07 AM

2 h ahead of Panama City

🌤 Weather

👥 Population

1,086,990 Capital

13,000

💱 Currency

Panamanian Balboa PAB B/.

Surinamese Dollar SRD $

📈 Exchange rate

1 PAB = 1 USD

1 PAB = 0.892 EUR

100 SRD = 2.67 USD

100 SRD = 2.38 EUR

Exchange rates and currency converter

SRD, USD, EUR to PAB – Panamanian Balboa Converter

🇺🇸 United States Dollar ($)

🇵🇦 Panamanian Balboa (B/.)

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

Surinamese Dollar exchange rates as of October 10, 2026: 1 USD = 37.47 SRD (100 SRD = 2.67 USD). 1 EUR = 41.99 SRD (100 SRD = 2.38 EUR).

USD to PAB in detail →

On the map

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Panama City Nieuw Nickerie 2,510 km ≈ 3 h 45 min nonstop flight

From you

Panama City
Nieuw Nickerie

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

Panama City vs Nieuw Nickerie: Cost of Living - Frequently Asked Questions

For families, Nieuw Nickerie is more practical. Housing and childcare are both notably cheaper than in Panama City, and the savings on those two alone free up budget for education, activities, and family trips.

It comes down to priorities – Nieuw Nickerie wins on affordability, Panama City on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.