Cost of Living in Belize

"The cost of living in Belize is generally quite reasonable, especially when compared to its surrounding countries. Depending on the city and lifestyle, the cost of rent can vary from relatively low to quite expensive. Utility bills, transportation costs, and food items generally tend to be quite affordable as Belize has lower costs for imports than other countries in Central America. Additionally, many goods are locally produced and therefore even cheaper," said one expat in Belize.

"We have no house payment since our home is paid for. We are doing very well on about 3,000 U.S. per month, though we could get by for much less," remarked one in Hopkins Village.

"That is such a leading answer. The QRP package requires that you bring 2000 us dollars into the country per month. For those not taking the QRP package, and taking up plain residency (takes a year to do) , there are people living on a lot less than 2000 US and living comfortably," explained one expat.

"Living in Belize can be financially advantageous compared to the United States, as the cost of living is lower. Goods and services, including basic food staples, entertainment, transportation and healthcare are all significantly less expensive than in the United States. Furthermore, utility bills such as electricity, water and Internet services tend to be lower. Additionally, Belize has a favorable tax system which offers many benefits for expats," explained one expat living in Belize.

"MUCH LOWER! Property taxes are around 30 dollars a year!!! Car insurance is less than 150 a year! WOW!," said one expat in Belize City.

"The cost of housing in Belize varies depending on the location, size and condition of the home. The average cost for a small, one-bedroom house or apartment in a city can range from $550 to $800 per month. A mid-size home may cost between $800-$1500, while luxury homes and large estates on the beachfront may cost upwards of $3000 or more," remarked one in Belize.

"When renting in Belize, 500 USD a month for a 1/2 Bedroom and 1000 USD for a month 2/3 Bedroom. ," commented one expat living in San Ignacio, Belize.

"Rental prices will vary based on the size (how many bedrooms, bathrooms, amenities, etc), the location (near the sea, river, inland), and whether it is high or low season. How the home is furnished may have a bearing on the rent also. In the Hopkins area rentals can be found for just about any budget," wrote one expat.

"Typically the kitchen is fully setup, the appliances are included, washer and dryer are included," commented one expat who moved to San Pedro.