Cost of living in Belize
Considering a movement to Belize? Understanding the cost of living in Belize is crucial for a soft transition. This guide breaks down the expenses that you can expect, from homes and public services to daily life and lifestyle options, providing a realistic image for possible residents. This article aims to answer the common question: “What is the cost of living in Belize?” We deepen the details of several expenses, we will offer ranges of prices and practical ideas to help you budget for your new life in Belize.
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Housing costs in Belize: rent in front of possessing
The house is the greatest expense. Prices can fluctuate according to the season, the location on the island and the specific amenities. All figures are in USD unless otherwise indicated.
Rent a house in Belize
Rent prices vary significantly depending on the size, condition and proximity to comfort. Browse »Rental properties in Belize« Linked here and find your perfect home.
Condominiums of a room in Caye de Cáergris, Belize
- Average monthly rental: $ 900 – $ 1,400 USD.
- Details: This range covers typical condominium rentals of a room. Public services are commonly common.
Two bedroom condominiums in Caye de Ambargris, Belize
- Average monthly rental: $ 1,400 – $ 2,000 USD
- Details: Wait for more for the largest living spaces or if you are in front of the sea.
Luxury properties or in front of the beach in Belize
- Average monthly rental: $ 2,500+ USD
- Details: For premium locations and high -end finishes, costs increase considerably.
»Request a detailed resource guide on the facts to know before buying a real estate property in Belize«
Possess a property in Belize
The property comes with its own set of continuous expenses beyond the purchase price.
Condominium purchase prices
- A room: $ 150,000 – $ 300,000 USD
- Two bedrooms: $ 350,000+ USD
- Details: purchase prices are significantly higher than rental costs. These figures represent approximate starting points.
»Read more like this property tax in Belize«
Associated Property Expenses
- Hoa Rates: For condominium communities, wait monthly rates of the housebag association. Hoa rates vary greatly depending on the property.
- Property taxes: Usually low in Belize.
- Maintenance: Centir the maintenance costs of your property are also a factor.
Understand the costs of Belize public services
Public services costs can fluctuate depending on the use, in part electricity due to air conditioning.
Electricity
Average monthly cost: $ 100 – $ 700 USD. Electricity is the highest public services expense, very influenced by the use of air conditioning. Divided CA units are common and more efficient than central air. Investor CA units are also an excellent way to save in electricity.
Water
- Public water: $ 25 – $ 100 USD per month, depending on consumption.
- Rain water catment: free when water is available in tanks, but it will require pump maintenance
- Water delivery: approximately $ 350 USD for 1,000 gallons if the tanks are dried.
Propane
Cost: approximately $ 40 USD for a tank of 40 gallons.
Details: commonly used for gas stoves.
Internet
Monthly cost: $ 45 – $ 90 USD, depending on speed.
Mobile phone services
SIM card plan: approximately $ 45 USD per month for a typical plan.
Dine out
- Local restaurants: They offer significant savings.
- Example: A large dish of local food can cost around $ 7.50 USD ($ 15 BZD).
- Tourist restaurants: they can be more exensive.
- Example: A deputy director and a salad of a popular place costs $ 20 USD ($ 40 BZD).
Food and edible: local basic products versus imported products
Prioritize local products and goods to administer effective edible expenses.
Estimates of Budget Budget
For a couple: $ 300 – $ 600 USD per month. This range depends on dietary elections and brand preferences.
»Explore live purchases«
Imported versus local goods
Imported articles: (For example, cheese, wine, brand food) They are generally more expenses. This is due to transport duties and costs, wait approximately 2-3 times more expectations than in the United States. Brand notes can cost approximately $ 7 USD. Local chip brands cost around $ 2.50 USD. Local staples (For example, rice, beans, chicken, fruits) They are more affordable than in the United States.
Transport in Belize
Golf cart costs
Golf cars are the main mode of transport for many residents in both Ambergris Caye and Caye Caulker, Belize.
- Purchase price (used to new): $ 8,000 – $ 20,000 USD.
- Monthly rental: $ 500 – $ 900 USD (higher douring season).
- Insurance and registration: approximately $ 250 USD annually for individual property golf cars.
Golf cart fuel
Tank fill cost: approximately $ 33 USD ($ 66 Bzd). In terms of fuel efficiency, a tank can last one or two weeks with the use of models. To fill again, it costs around $ 6-7 USD per gallon.
Other transport options
- ATV/Side-Sunns: Purchase prices vary from $ 30,000 to $ 50,000+ USD. Maintenance and parts costs are higher due to import needs.
- Cycling, walk, scooters: profitable alternatives depending on the location.
- Taxis: It can be exhaustive dependent on where it goes.
- Example: A trip to Secret Beach can cost $ 75- $ 100 USD.
Medical and health expenses
Visits to the doctor and dental care
Doctor visit: approximately $ 40 USD for a general check -up.
Tooth cleaning: around $ 35 USD.
Medical Insurance
Local companies: Costs vary, estimated $ 150 – $ 400 USD per month. This depends on pre -existing conditions.
International companies: generally more exenses.
Prescribed measurements
Cost: significant lower than in the United States and does not require insurance.
Miscellaneous life and exports
This category covers discretionary spending and personal preferences.
Gastronomy and entertainment
Beach and nightlife bars: costs vary widely depending on the options.
Local dinner: As mentioned, establishments oriented to Thanist significantly more affordable.
Domestic help
Fall: $ 25 – $ 150 USD per cleaning.
Nanny services: approximately $ 175 USD per week.
Caregiver services: around $ 150 USD per week with a housing supplier on the site.
Estimated monthly life costs for a couple
Budget lifestyle: $ 2,500 – $ 3,000 USD per month for a comfortable life.
Comfortable expatriate lifestyle: $ 3,500 – $ 4000 USD per month.
Tourist lifestyle: $ 5,000+ USD per month for frequent dinner and enjoy comfort.
Conclusion: Adapt your Belize budget
Belize’s cost of living is directly linked to individual lifestyle options.
Key control
Flexibility is key: you can simply live or embrace a luxurious “tourist lifestyle.” Your budget will dictate the experience.
The main expenses: housing, transport and imported goods are usually the most significant cost factors.
Local supply: Prioritizing local food and services can lead to substantial savings.
Processable tips on the cost of living in Belize
Explore grocery stores: visit different stores to find the best prices and discover local options.
Building relationships: meeting local business owners can lead to discounts.
Consider the location: your choice of the neighborhood can affect housing and transport costs.
Plan public services: whether conscious or the use of electricity, especially air conditioning.
For those interested in buying real estate in Belize, communicate with our team on Luna Realty Belize. We can provide resources and guidance to help your dream of possessing property in Belize to a reality. Send us an email to info@lunarealybelize.com.
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