Cost of Living in Belize
Last updated on Dec 15, 2023
Summary: The cost of living in Belize is generally considered to be quite affordable. A nice 1 bedroom apartment can cost anywhere from $500 to $1,000 per month in US Dollars, while a nice 2 bedroom apartment can cost anywhere from $800 to $1,500 per month in US Dollars. The cost of dinner at a moderately priced restaurant can range from $10 to $20 per person in US Dollars.
Is the cost of living in Belize high?
We asked people how much they someone comfortably live on in Belize, they wrote:
"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," wrote a person living 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," explained one expat living 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," said one in Belize City.
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Additional Information:
- Belize Guide
- Healthcare & Health Insurance in Belize
- Members Talk about Healthcare & Health Insurance in Belize
- Best Places to Live in Belize
- Guide to Real Estate in Belize
- Pros & Cons of Living in Belize
- Cost of Living in Belize
- 8 Best Places to Live on the Coast in Belize
- Insider's Guide to the Health System in Belize
- Guide to Obtaining Residency in Belize
- 15 Best Beach Towns in Central America
- 2024 Guide to Living in Belize
- Pros and Cons of Living in Belize 2024
- 2024 Guide to Moving to Belize