Migranto

Cost of living in Belize

What a month costs, how prices compare with other countries

#96 by cost of living in the world#25 in Latin America

Monthly cost in Belize

Spending runs from BZD 248 a month in the poorest fifth to BZD 1,990 in the richest

Per person, whole country

BZD 654

what a typical person spends in a month

Spending across the population

poorest 20%
BZD 248
richest 20%
BZD 1,990

Ask Migo

Tap a question — our AI assistant answers it in chat

Key facts

The cost of living in Belize in numbers

Typical spending takes 45% of the average wage

A typical person spends BZD 654 a month while the average take-home wage is BZD 1,460, so 55% of an average wage sits above what a typical person spends.

The richest fifth spends 8× the poorest

Spending runs from BZD 248 a month in the poorest fifth to BZD 1,990 in the richest, which is #42 of 185 countries by that gap. A single national average hides a lot here.

How living costs in Belize compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Belize
1Cayman Islands
BZD 5,480+738%
2Mexico
BZD 1,380+111%
3Guatemala
BZD 696+6%
4Belize
BZD 654
5El Salvador
BZD 626-4%
6Honduras
BZD 368-44%
7Nicaragua
BZD 316-52%

What things cost here

How much the same goods and services cost in Belize against other countries

More expensive than 69% of countries

Where Belize sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs BZD 2,000 at world-middle prices costs BZD 2,620 here.

Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth

Living-cost calculator

What it costs to live in Belize

Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Belize and how much you could have left each month

  • What your lifestyle costs
  • How much could be left each month
  • How it compares with today
IT & communication

Cost of living in Belize

BZD 248/mo

vs BZD 1,600 in your country

Take-home

BZD 1,140

vs BZD 2,400 in your country

Potential savings

BZD 890

more than in your country

Standard of living

BasicModestTypicalComfortableAffluent

Under a minute, no sign-up

Frequently asked questions

What is the cost of living in Belize?

A typical person in Belize spends about BZD 654 a month — around BZD 7,850 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the standard of living in Belize?

By spending, Belize ranks #96 of 185 countries. A typical person spends about BZD 654 a month, the poorest 20% about BZD 248 and the richest 20% about BZD 1,990. The gap between them shows how unevenly people live.

What is the cost of living in Belize in US dollars?

The cost of living in Belize is about $327 a month, or roughly $3,924 a year per person.

How much money do you need to live comfortably in Belize?

It all depends on your standard of living. A modest budget runs about BZD 248 a month per person, a typical one around BZD 654, and a comfortable life around BZD 958. In big cities and for a family, costs are usually higher.

Is the average salary in Belize enough to live on?

Yes, with room to spare. Average spending is about BZD 654 a month, while the average take-home pay in Belize is about BZD 1,460. For more on incomes, see salaries in Belize.

Is Belize an expensive country to live in?

Somewhat. Belize is more expensive than 48% of countries worldwide and ranks 25th of 33 in Latin America by cost of living.

What currency is used in Belize?

Belize uses the Belize Dollar (BZD). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

Score countries, regions and cities by what matters to you

Living in Belize

See the full country overview