| Category | Details | Cost |
|---|---|---|
| Apartment Rentals | 1-bedroom apartment in city center | $300 – $500 per month |
| 1-bedroom apartment outside city center | $200 – $400 per month | |
| Apartment Purchases | Price per square meter in city center | $1,000 – $1,500 |
| Price per square meter outside city center | $800 – $1,200 | |
| Transportation | One-way local transport ticket | $1 – $2 |
| Monthly local transport pass | $30 – $50 | |
| Gasoline (1 liter) | $1.20 – $1.50 | |
| Taxi (1 km) | $2 – $3 | |
| Groceries | Milk (1 liter) | $1.20 – $1.50 |
| Bread (500g) | $1.50 – $2.50 | |
| Rice (1 kg) | $1 – $2 | |
| Chicken breasts (1 kg) | $5 – $7 | |
| Restaurants | Meal at an inexpensive restaurant | $5 – $10 |
| Three-course meal for two at a mid-range restaurant | $30 – $50 | |
| Fast food meal | $5 – $7 | |
| Utilities | Basic utilities (electricity, heating, cooling, water, garbage) for an 85m2 apartment | $100 – $150 per month |
| Internet (60 Mbps or more, unlimited data, cable/ADSL) | $60 – $80 per month | |
| Mobile phone (prepaid, per minute) | $0.25 – $0.50 | |
| Private School Tuition | Preschool (or Kindergarten) | $2,000 – $4,000 per year |
| Elementary School | $3,000 – $6,000 per year | |
| Middle School | $4,000 – $8,000 per year | |
| High School | $5,000 – $10,000 per year |
Monthly Budget for Retirees in Independence
“The cost of living in Independence, is relatively affordable compared to other popular destinations in the country. Housing and rental prices are generally low, with a variety of options available for different budgets. Groceries and food prices are also reasonable, with local markets offering fresh produce at lower costs. Transportation is inexpensive, with public buses and taxis being the primary modes of transport. Healthcare is accessible and affordable, with both public and private facilities available. Entertainment and leisure activities, such as dining out and visiting local attractions, are moderately priced, making it possible to enjoy a comfortable lifestyle in Independence, Belize,” said one expat living in Independence.
Can I live in Independence on $1,500 a month?
“I’ve been living in Independence for a while now, and I can tell you that it is possible to live comfortably on $1,500 a month, but you will have to make some sacrifices. First, you’ll need to find a more affordable neighborhood to live in. I recommend looking into areas like Mango Creek or New Site, where you can find a decent house or apartment for around $300 to $500 a month. Avoid more expensive neighborhoods like Savannah or Malacate, as the rent there can be much higher.Next, you’ll need to be mindful of your utility bills. Electricity can be quite expensive in Belize, so try to use energy-efficient appliances and be conscious of your usage. Water is relatively cheap, but it’s still a good idea to conserve where you can. Internet and cable TV can also be pricey, so you might want to consider cutting back on those services or finding a more affordable plan.Transportation is another area where you can save money. Owning a car in Belize can be expensive due to import taxes and high gas prices. Instead, consider using public transportation like buses or taxis, which are much more affordable. Alternatively, you could invest in a bicycle or scooter for getting around town.When it comes to food, shopping at local markets and cooking at home can save you a lot of money compared to eating out at restaurants. Belizean cuisine is delicious and affordable, so you won’t feel like you’re missing out on anything. However, if you’re craving some Western-style food, you might have to pay a bit more for imported items.Finally, you’ll need to be mindful of your entertainment and leisure expenses. Going out to bars and clubs can add up quickly, so try to find more affordable ways to have fun, like exploring the beautiful nature Belize has to offer or attending local events and festivals.Overall, living in Independence, Belize on $1,500 a month is doable, but you’ll need to be conscious of your spending and make some sacrifices. By choosing a more affordable neighborhood, being mindful of your utility usage, and finding ways to save on transportation, food, and entertainment, you can live comfortably and enjoy all that Belize has to offer,” commented an expat living in Independence.
Can I live in Independence on $3,500 a month?
“I’ve been living in Independence for a while now, and I can tell you that it’s definitely possible to live comfortably on $3,000 a month, especially if you’re used to modern amenities. However, there are some sacrifices you’ll have to make to ensure you stay within your budget.Firstly, you’ll need to find affordable housing. I recommend looking for a place in neighborhoods like Mango Creek or New Site, where you can find decent houses or apartments for around $500 to $800 a month. These areas are safe and have a good sense of community, but they’re not as upscale as some other neighborhoods. I would avoid areas like Savannah or Malacate Beach, as these tend to be more expensive and cater to a more luxurious lifestyle.When it comes to utilities, you’ll need to be mindful of your usage. Electricity can be quite expensive in Belize, so try to use energy-efficient appliances and be conscious of turning off lights and electronics when not in use. Water is relatively cheap, but it’s still a good idea to conserve where you can. Internet and cable TV can be a bit pricey, but there are affordable options available if you shop around.Groceries can also be a significant expense, especially if you’re used to buying imported goods. I recommend shopping at local markets for fresh produce and meats, as these tend to be cheaper and fresher than what you’ll find at the supermarkets. You can also save money by cooking at home more often and limiting how often you eat out at restaurants.Transportation is another area where you can save money. Owning a car in Belize can be expensive due to import taxes and high gas prices. Instead, consider using public transportation or even biking around town. Taxis are also relatively affordable for occasional use.Finally, you’ll need to be mindful of your entertainment and leisure expenses. While there are plenty of free or low-cost activities to enjoy in Independence, such as visiting the beach or exploring nearby nature reserves, you’ll need to budget for any additional hobbies or interests you may have. This might mean cutting back on things like shopping, going to the movies, or taking frequent trips to other parts of Belize or neighboring countries.Overall, living comfortably on $3,000 a month in Independence, Belize is achievable, but it does require some adjustments and sacrifices. By being mindful of your spending and prioritizing your needs, you can enjoy a fulfilling and comfortable life in this beautiful country,” said one expat living in Independence.
Can I live in Independence on $5,000 a month?
“I’ve been living in Independence for a while now, and I can tell you that it’s definitely possible to live comfortably on $5,000 a month, especially if you’re used to modern amenities. However, there are some sacrifices you’ll have to make to ensure you stay within your budget.Firstly, you’ll need to be mindful of where you choose to live. Some of the more expensive neighborhoods, like Placencia Peninsula, can be quite pricey, especially if you’re looking for a modern, upscale home. Instead, I’d recommend looking for a place in the more affordable areas, such as the outskirts of Independence Village or even Mango Creek. You can still find nice homes with modern amenities in these areas, but at a more reasonable price.Another thing to consider is transportation. Owning a car in Belize can be expensive, especially when you factor in the cost of gas and maintenance. To save money, I’d recommend using public transportation, like buses and water taxis, as much as possible. They’re quite reliable and affordable, and you’ll be able to get around without breaking the bank.When it comes to groceries and dining out, you’ll need to be mindful of your spending as well. Imported goods can be quite expensive, so try to stick to local products whenever possible. The local markets are a great place to find fresh produce, meats, and other essentials at a lower cost. As for dining out, there are plenty of affordable local restaurants and street food options that offer delicious Belizean cuisine without the high price tag.Lastly, you’ll need to be conscious of your entertainment and leisure expenses. While there are plenty of free or low-cost activities to enjoy in Independence, like hiking, swimming, and exploring the local culture, you’ll want to avoid more expensive activities like guided tours and high-end resorts. Instead, try to find local events and attractions that are more budget-friendly.Overall, living comfortably on $5,000 a month in Independence, Belize is definitely achievable, but it will require some sacrifices and smart budgeting. By being mindful of your housing, transportation, and lifestyle choices, you’ll be able to enjoy a comfortable life in this beautiful country without breaking the bank,” commented an expat living in Independence.
