Updated:
If you've ever considered moving to Belize, one of the first questions that likely crossed your mind is, "What is the cost of living in Belize?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Belize and whether the reported $1523 per month figure aligns with the average monthly salary of $892.52.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
5.0 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
28.74 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
6.0 $ |
|
Domestic Beer (1 pint draught) |
2.0 $ |
|
Imported Beer (12 oz small bottle) |
3.48 $ |
|
Cappuccino (regular) |
3.28 $ |
|
Coke/Pepsi (12 oz small bottle) |
1.07 $ |
|
Water (12 oz small bottle) |
0.72 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
2.15 $ |
|
Loaf of Fresh White Bread (1 lb) |
1.32 $ |
|
Rice (white), (1 lb) |
2.1 $ |
|
Eggs (regular) (12) |
2.12 $ |
|
Local Cheese (1 lb) |
8.36 $ |
|
Chicken Fillets (1 lb) |
5.62 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.06 $ |
|
Apples (1 lb) |
5.17 $ |
|
Banana (1 lb) |
1.18 $ |
|
Oranges (1 lb) |
1.27 $ |
|
Tomato (1 lb) |
2.54 $ |
|
Potato (1 lb) |
2.5 $ |
|
Onion (1 lb) |
2.1 $ |
|
Lettuce (1 head) |
2.28 $ |
|
Water (1.5 liter bottle) |
1.16 $ |
|
Bottle of Wine (Mid-Range) |
14.86 $ |
|
Domestic Beer (0.5 liter bottle) |
1.93 $ |
|
Imported Beer (12 oz small bottle) |
2.91 $ |
|
Cigarettes 20 Pack (Marlboro) |
4.0 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
1.75 $ |
|
Monthly Pass (Regular Price) |
22.41 $ |
|
Taxi Start (Normal Tariff) |
3.5 $ |
|
Taxi 1 mile (Normal Tariff) |
3.72 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
13.68 $ |
|
Gasoline (1 gallon) |
1.7 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28644.64 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
33558.52 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
81.89 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.28 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
69.6 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
39.92 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
8.28 $ |
|
Cinema, International Release, 1 Seat |
7.95 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
173.96 $ |
|
International Primary School, Yearly for 1 Child |
-- |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
36.51 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
28.19 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
85.8 $ |
|
1 Pair of Men Leather Business Shoes |
102.51 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
349.78 $ |
|
Apartment (1 bedroom) Outside of Centre |
230.57 $ |
|
Apartment (3 bedrooms) in City Centre |
829.5 $ |
|
Apartment (3 bedrooms) Outside of Centre |
556.2 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
997.4 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1147.61 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
892.52 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
10.83 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 5.0 USD, while a three-course dinner for two at a mid-range restaurant generally costs 28.74 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 2.15 USD, a loaf of bread 1.32 USD, and a dozen eggs approximately 2.12 USD.
Public transport is relatively affordable, with a single trip priced at about 1.75 USD and a monthly pass around 22.41 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 81.89 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 39.92 USD, while an hour on a tennis court on weekends costs about 8.28 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 173.96 USD. For international schooling options, annual tuition can reach approximately None USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 36.51 USD, and mid-range Nike sneakers are priced around 85.8 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 349.78 USD per month, while one outside the center costs around 230.57 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 997.4 USD, while in the suburbs, it's closer to 1147.61 USD.
The average monthly net salary here is about 892.52 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 10.83% annually.
Belize
Overall, Belize is not the safest destination for tourists visiting Central America, as it’s filled with petty and violent crime, and most of it is centered in Belize City. You should take precautions on the streets of major cities and after dark.
Transport is actually not that bad in Belize. The quality of roads isn't too bad, and the roads are constantly getting better. In fact, Northern, Southern, and Hummingbird Highways are now among the best ones in Latin America and rival many in the developed world. You should only ride in licensed taxis, and you will know them by their green license plates. The thing to watch out for in Belize is roadway robbery. Rarely, if ever, armed robberies on highways can happen, but they usually happen at night.
Pickpockets are a common occurrence on the streets of Belize and tourists are recommended to remain vigilant at all times when on the street. Petty theft tends to spike during spring break and winter holidays when the tourist seasons start. If you're there during that time, be extra cautious. Make sure you don't flash your valuable possessions on the street, or better yet, leave them in your accommodation and take only the cash you plan to use that day.
There are many natural disasters that hit Belize regularly, causing substantial damage, especially in agriculture, among which are hurricanes, tropical storms, flooding, and drought. The worst damage occurs during the hurricane season that lasts from June to November.
The most violent crime that happens in the country has to do with rival gangs battling for territory. Few incidents of violent crime are targeted at foreigners. But when the incidents occur, they sure are nasty and it would be better to just avoid being near any type of incident on the street. What might affect visitors are muggings and other assaults and they mostly happen at night, which means you are highly advised to take a cab if you intend to go anywhere after sunset.
Although there haven't been any terrorist attacks in Belize's recent history, they shouldn't be ruled out so remain vigilant at all times.
Scams are common in Belize, so double check your change, never pay anything upfront, and negotiate everything in advance. Be very careful around ATMs and be wary of people trying to distract you. Also, be careful around children as they're probably trying to distract you too - they are skillful pickpockets.
It isn’t a good idea for a woman to be going anywhere alone in Belize. It isn’t safe even for groups of people to be walking along with Belize during the night, or for men during the day, so it would be best for women to hit the streets accompanied by someone. It goes without saying that you should stay away from poorly lit and deserted streets and areas and from people that are visibly intoxicated or under the influence.
Most countries do not require a visa in order to enter Belize. Make sure your passport is valid for at least 3 months past the date of your arrival. You may be asked to present a return ticket with sufficient funds to cover your stay. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need visa based on your nationality and the country you want to visit.
Belize dollar is the official currency in Belize. ATMs are widely available throughout the country, and credit cards are accepted in most establishments such as hotels, restaurants and shops.
Belize’s climate can be described as sub-tropical, with high humidity that is most noticeable and prominent along the coastline. The best time to visit Belize is from late November to mid-April, during the country’s dry season.
Philip S. W. Goldson International Airport is the busiest airport in the country, serving Belize's largest city, Belize City along the eastern coast of Central America. It is located about 30 minutes drive from Belize City's centre, in Ladyville.
Just like anywhere else, we recommend getting travel insurance when traveling to Belize, since it covers not only the costs of medical problems, but also theft and loss of valuables.