Cost of living in Belize
What a month costs, how prices compare with other countries
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
BZD 248richest 20%
BZD 1,990
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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
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
Pakistanmost expensive
Bermuda
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
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What it costs to live in Belize
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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
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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.
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Living in Belize
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