Is the cost of living in Belize high?
We asked people about the cost of living in Belize, they wrote...
"We live in the Cayo District and it's at least as safe as where we lived in Ottawa. The Belize dollar is pegged (2 for 1) to the US Dollar, so how far your CAD goes depends on the current exchange rate. Some things like gas are more expensive. If you "live like a local" then your cost of living will be much lower than in Canada. Live like a local means eating local, ie rather than Kellogs Corn Flakes look for the local brand of cereal, etc. If you want to maintain your North American lifestyle, it's possible of course. But we came here to simplify and that is certainly possible. You don't have neighbours who are trying to keep up with the Jones'. Healthcare - we don't have a plan here. If you have an existing, serious health condition then reconsider living here. Healthcare is cheap compared to the US but in Canada, most of your services were "free" (of course paid for through your taxes). Here we pay as we go. For example, I had to have an eye examination and drops. The whole shebang (exam and medication) cost me $25 USD. I have to have a tooth filled. The cost was $50 USD," said another in Carmelita Gardens, Belize.
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"Living in Belize is generally inexpensive. It has a low cost of living which is similar to other Central American countries. A nice one bedroom apartment in Belize can cost around $400 - $650 USD per month in rent. A nice two bedroom apartment in Belize typically runs around $700 - $1000 USD. Eating out at a moderately priced restaurant will usually cost around $15 - $20 USD. The cost of living tends to be higher in the capital, Belmopan and in other more touristy areas like San Pedro and Placencia," explained one expat who made the move to Belize.
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Other Questions:
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Is the cost of living in Belize high?
If you live in Belize, newcomers to Belize would love to hear your answer to this question:
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.