The Cost of Living in Belize | An Expert Guide

Belize, a country known for its pristine Caribbean beaches, diverse culture, and the second-largest barrier reef in the world, offers a unique blend of Caribbean and Central American lifestyle. With a population of approximately 400,000 people, Belize stands out as the only English-speaking country in Central America, making it particularly attractive to expatriates from North America and the United Kingdom.

Belize's economy is primarily driven by tourism, agriculture, and services, with a growing focus on eco-tourism and sustainable development. The country maintains strong ties with both the Caribbean and Central American markets, while its status as a former British colony provides familiar legal and business frameworks for many expatriates.

The expatriate community in Belize is concentrated in areas like Ambergris Caye (San Pedro), Placencia, and the Cayo District, with growing numbers in Belize City. Many are drawn by the country's retirement programs, tropical climate, and relatively affordable coastal living compared to similar destinations in the Caribbean.

‍

Regional Comparison

‍

Housing Costs in Belize

Housing costs in Belize vary significantly between popular expatriate areas and local communities. In San Pedro, a one-bedroom apartment or condo typically rents for 1,200-2,000 BZD monthly, while similar accommodations in Belize City range from 800-1,500 BZD. The Cayo District and smaller towns offer more affordable options, with rentals starting from 600-1,000 BZD monthly. Beachfront properties and luxury developments, particularly on Ambergris Caye, command premium prices, often starting at 2,500 BZD monthly for a modest apartment.

Summary:

• Rent, 1-bedroom apartment (San Pedro): 1,200-2,000 BZD/month
• Rent, 1-bedroom apartment (Belize City): 800-1,500 BZD/month
• Rent, 1-bedroom apartment (smaller towns): 600-1,000 BZD/month

‍

Food Costs in Belize

‍Food expenses in Belize reflect a mix of local and imported products, with imported items carrying significantly higher prices. A meal at a local restaurant typically costs 12-20 BZD, while a dinner at a tourist-oriented restaurant might run 30-50 BZD per person. Monthly grocery shopping costs vary greatly depending on shopping habits – relying on local markets and produce can keep costs to 400-600 BZD monthly for one person, while heavy reliance on imported products can push this to 800-1,000 BZD or more.Summary:

• Meal at local restaurant: 12-20 BZD
• Dinner at tourist restaurant: 30-50 BZD
• Monthly groceries (1 person): 400-600 BZD

‍

Transportation Costs in Belize

‍Transportation in Belize primarily relies on buses, water taxis (for island access), and private vehicles. Local bus rides within cities cost 2-4 BZD, while intercity travel ranges from 6-20 BZD depending on distance. Water taxi services to the islands cost approximately 40-60 BZD round trip. Regular taxis operate without meters, with standard in-town fares ranging from 10-20 BZD. Golf carts, the primary mode of transportation on Ambergris Caye, rent for 200-300 BZD daily or 1,500-2,000 BZD monthly.Summary:

• Local bus fare: 2-4 BZD
• Water taxi (round trip): 40-60 BZD
• Taxi ride (in town): 10-20 BZD

‍

Healthcare Costs in Belize‍

Healthcare in Belize operates on a mixed public-private system, with most expatriates opting for private care or medical evacuation insurance. A basic doctor's consultation at a private clinic costs 50-100 BZD, while more comprehensive health insurance plans start from 200-400 BZD monthly. Many expatriates maintain international health insurance that includes evacuation coverage to Mexico or the United States for major medical issues.Summary:

• Private doctor consultation: 50-100 BZD
• Basic local health insurance: 200-400 BZD/month
• Private clinic visit: 75-150 BZD

‍

Utility Costs in Belize

‍Utility costs in Belize can be substantial, particularly due to heavy air conditioning use in the tropical climate. Monthly utilities including electricity, water, and garbage collection typically range from 200-400 BZD for a modest apartment, with electricity being the largest expense. Internet service varies by location, with reasonable broadband connections costing 100-200 BZD monthly. Mobile phone plans with data typically range from 50-100 BZD monthly.Summary:

• Basic utilities: 200-400 BZD/month
• Internet: 100-200 BZD/month
• Mobile phone plan: 50-100 BZD/month

‍

‍

If you want to know more about Belize and the cost of living there you can also check out the Belize page.