Cost of Living in Belize

Is the cost of living in Belize high?

We asked people how much they someone comfortably live on in Belize, they wrote:

"Since we are debt free, and the property taxes are unbelievably low, we are primarily able to live just on our Social Security (about $3,000 U.S. per month). Again, however, we do not spend excessively on sightseeing or dining out. We love living a quiet life at a slow pace," remarked another expat in Hopkins Village.

"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 another expat in Belize City.

Expat Health Insurance in Belize

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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Will I save money living in Belize?

"Exceeded! The stores have ground expotentially. You can get anything else easily shipped in. My dad is 97 and we ship in his favorite Cookies all the time," said another person in Cerros Sands Corozal .

"We sold our home in Pennsylvania, which gave us the funds needed to purchase our lot and home. Now we are debt free in Belize. Consequently, we are fully able to live off of our Social Security, and occasional deductions from IRA's, etc. We are very comfortable on the whole, and do not feel that any of the prices in Belize are too high," remarked another expat in Hopkins Village.

"We have done very well living just on our social security monthly payments. We were able to purchase an automobile to facilitate shopping in neighboring village and cities," explained one expat living in Hopkins Village.

"It has met our expectations and exceeded them, we live a good life, eat well, and are very happy," said another expat in Belize City.

What is the average cost of housing in Belize?

If you are thinking about moving to Belize, cost of living in probably a key consideration. Expats commented about the cost of housing:

"Lower. Average cost with some amenities is $400 US, I also have heard that for that price or a little more you can rent a whole house instead," said another expat in San Pedro.

"Housing cost is about 50% less if you are a owner builder. Avg for land and house is $80k US and the ROI after three years is about triple that," added another person living in Corozal.

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

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGET A QUOTE

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGET A QUOTE

What are typical rental prices for expats in 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," mentioned another expat living in Hopkins.

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

"$1,000 per month for a couple in search of a 1-2 bedroom and $2,000 for a family needing a 3-4 bedroom," commented one expat living in San Pedro, Belize.

What appliances are typically included in a rental?

We asked foreigners in Belize what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Belize, most rentals come furnished since it would not be expedient for a renter to purchase furniture, large appliances, and kitchen items.," commented one expat living in Hopkins, Belize.

"Typically the kitchen is fully setup, the appliances are included, washer and dryer are included," added another expat.