Cost of Living in Placencia, Belize
Last updated on Mar 23, 2025
Summary: The cost of living in Placencia, Belize is relatively low compared to other countries. 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 Placencia high?
We asked people how much they someone comfortably live on in Placencia, they wrote:
"The cost of living in Placencia is generally considered to be quite affordable. Basic necessities such as food, transportation, and utilities are relatively inexpensive, while housing costs can vary depending on the type of accommodation desired. Eating out is also relatively affordable, with a variety of restaurants offering local and international cuisine. Overall, Placencia is a great place to live for those looking for a low-cost lifestyle in a tropical paradise," said one person in Placencia.

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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.

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 Placencia?
"Living in Placencia can be significantly cheaper than living in the United States. The cost of living in Belize is much lower than in the US, with basic necessities such as food, housing, and transportation costing significantly less. Additionally, the Belizean currency is pegged to the US dollar, meaning that the exchange rate is always 1:1, making it easier to budget and plan for expenses. Furthermore, the cost of healthcare is much lower in Belize than in the US, making it a great option for those looking to save money," remarked one expat in Placencia.
What is the average cost of housing in Placencia?
If you are thinking about moving to Placencia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Placencia can vary greatly depending on the size and location of the property. Generally, the cost of a one-bedroom apartment in Placencia is around $500 to $800 per month, while a two-bedroom apartment can range from $800 to $1,200 per month. Prices for larger homes and villas can range from $1,500 to $3,000 per month," wrote a person living in Placencia.

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.

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.
What are typical rental prices for expats in Placencia?
"The rental price for a nice 1 bedroom apartment in Placencia is typically around $800 USD per month, while a nice 2 bedroom apartment can cost around $1,200 USD per month," remarked one expat in Placencia.
What appliances are typically included in a rental?
We asked foreigners in Placencia 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:
"Rental properties in Placencia typically include a refrigerator, stove, oven, microwave, and washing machine. Depending on the property, some may also include a dishwasher, air conditioning, and/or a clothes dryer," remarked one expat living in Placencia.
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.
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