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," remarked one expat in Belize.

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

"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.

"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," said one person in Hopkins Village.

"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," explained one expat living in Corozal.

"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," said one expat in Belize.

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

"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 one expat in Hopkins.

"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 who moved to San Ignacio, Belize.

"In Belize, most rental properties generally come equipped with basic appliances such as a refrigerator, stove, and washer and dryer. Additionally, many homes may also include air conditioning, ceiling fans, and even a hot water heater. Other amenities like dishwashers and extra ovens are sometimes available in higher-end properties," commented one expat living in Belize.

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