Cost of Living in Belize

"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 one expat in Belize City.

"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," wrote a person living in Belize.

"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," wrote a person living in Hopkins Village.

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

"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," said one expat in Corozal.

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

"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," explained one expat.

"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," remarked one expat in Hopkins.

"In Belize, the average rental price for a nice 1 bedroom apartment is typically a few hundred U.S. dollars per month, while a nice 2 bedroom apartment can cost a few hundred to a few thousand U.S. dollars per month, depending on the location and quality of the apartment," remarked one expat living in Belize.

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