All figures are shown in EUR for comparability. The local currency of Belize is the Belize dollar (BZD).
Monthly Living Costs in Belize
Average prices from our cost dataset, re-checked on a rolling basis:
1BR Rent
per month, city average
3BR Rent
per month, city average
Groceries
per month, single person
Transport
per month, public transit pass
Utilities
per month, basic apartment
Meal Out
typical price per meal
Monthly budget (single person): €1,080 (1-bedroom rent + groceries + transport + utilities)
Monthly budget (couple): €1,390 (shared 1-bedroom rent, two of everything else)
These are national averages — actual costs vary by city and lifestyle.
How Expensive Is Belize Overall?
| Indicator | Value |
|---|---|
| Cost-of-living index (market data; higher = more expensive) | 54.4 |
| Rent index | 13.6 |
| Groceries index | 52.6 |
| Restaurant price index | 39.3 |
| Local purchasing-power index (higher = stronger) | 67.6 |
| Price level index (World Bank, 2024; US = 100) | 53.5 |
Salaries by Sector
Typical gross annual salaries in Belize from our sector dataset:
| Sector | Typical gross annual (EUR) |
|---|---|
| IT & Software | €28,000 |
| Engineering | €24,000 |
| Finance | €22,000 |
| Healthcare | €19,000 |
| Construction | €15,000 |
| Education | €14,000 |
| Hospitality | €11,000 |
| Retail | €10,000 |
Taxes in Belize
Headline tax figures that shape your take-home pay:
| Tax | Rate / amount |
|---|---|
| Effective income tax at €90k gross | 12.4% |
| Net monthly pay at €90k gross | €5,838 |
| VAT / sales tax | 12.5% |
| Top personal income-tax rate | 25% |
Worked example: on a €90,000 gross salary, net pay is about €5,838 per month. After rent and essentials (€1,080), roughly €4,758 per month is left for savings and discretionary spending.
How Belize Compares to Its Neighbours
| Country | 1BR Rent | Groceries | Transport | Cost index |
|---|---|---|---|---|
| Belize | €650 | €280 | €30 | 54.4 |
| Guatemala | €682 | €250 | €25 | 45.1 |
| Mexico | €850 | €280 | €55 | 62.5 |
| Honduras | €380 | €85 | €18 | 47.5 |
Quality of Life Metrics
Beyond cost, these factors shape everyday life in Belize:
Safety index
Healthcare index
Internet speed
English proficiency
Life expectancy
Expat satisfaction
What It Costs to Get In: Visas & Residence
We track 16 residence and visa routes for Belize — see the full Belize visa programme list.
Lowest documented income requirement among tracked routes: €1,500 per month — Temporary Employment Permit (Work Permit, Belize) (work route). Requirements change; always confirm on the official page before applying.
Our engine estimates a minimum financial viability of €1,080 per month to sustain a move to Belize.
Frequently Asked Questions
Is Belize expensive?
Belize has a cost-of-living index of 54.4 (higher = more expensive). A 1-bedroom apartment averages €650 per month and a single person spends about €1,080 per month on rent plus essentials.
How much money do I need per month in Belize?
About €1,080 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €1,390 per month.
What is the average rent in Belize?
A 1-bedroom apartment averages €650 per month and a 3-bedroom apartment averages €950 per month in Belize. Prices vary significantly between city centres and smaller towns.
What do people earn in Belize?
Typical gross annual salaries in Belize range from €10,000 (Retail) to €28,000 (IT & Software), based on our sector dataset.
Which residence route has the lowest income requirement for Belize?
Among the 16 Belize residence routes we track, the lowest documented income requirement is €1,500 per month (Temporary Employment Permit (Work Permit, Belize)). Requirements change; always confirm on the official page before applying.
Ready for the next step? See the full Belize country profile and the Belize emigration guide.
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