🇧🇿 Cost of Living in Belize - Prices & Budget Guide
Last updated: February 2026
Verified Facts
Official NameBelize
CapitalBelmopan
Population417,634
Area22,966 km² (8,867 sq mi)
LanguagesBelizean Creole, English, Spanish
CurrencyBelize dollar ($)
TimezoneUTC-06:00
RegionAmericas / Central America
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$14,347 (2024)
Inflation Rate3.3% (2024)
Health Spend per Capita$309 (2023)
Out-of-Pocket Health Spend26.8% (2023)
Education Spend (% GDP)4.6% (2024)
Source: World Bank Open Data
Quick Facts
Cost LevelAffordable
Daily Budget (Backpacker)$60-100 USD
Daily Budget (Mid-Range)$100-200 USD
Daily Budget (Comfort)$200-350 USD
CurrencyBZD
Tipping Customexpected (10-15% in restaurants and bars)
How Expensive Is Belize?
Belize is a country located in Central America, bordered by Mexico to the north and Guatemala to the south and west. The cost of living in Belize is generally considered to be affordable, especially when compared to other popular tourist destinations in the region. The country offers a unique blend of Caribbean and Latin American culture, with a relatively low cost of living. The cost of accommodation, food, and transportation in Belize is lower than in many other countries in the region, making it an attractive destination for travelers and expats.
In comparison to its neighbors, Belize is slightly more expensive than Guatemala, but less expensive than Mexico. However, the cost of living in Belize can vary depending on the location, with the coastal areas and tourist destinations tend to be more expensive than the inland areas. Overall, Belize offers a great balance of affordability and quality of life, making it an excellent choice for those looking to visit or live in Central America.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$15-30
Basic dorms and private rooms, often with shared facilities
Mid-Range Hotel
$60-120
Comfortable rooms with private bathrooms, air conditioning, and TV
Luxury/Resort
$200-500
High-end amenities, private balconies, and stunning views
Apartment Rent (monthly)
$400-1,200
One-bedroom apartments in city center, prices vary depending on location and amenities
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$5-10
Casual Restaurant
$10-20
Mid-Range Restaurant (2 people)
$20-40
Fine Dining
$50-100
Beer (local)
$3-5
Coffee
$2-4
Water (1.5L bottle)
$1-2
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$1-3
Taxi (per km)
$2-5
Domestic flight
$100-200
Fuel (per liter)
$1-2
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
400
800
1,500
Food
300
500
800
Transport
100
200
300
Utilities
100
150
250
Entertainment
200
300
500
Total
1,100
2,050
3,350
Money-Saving Tips
Consider staying in budget-friendly accommodations, such as hostels or guesthouses, to save on housing costs.
Eat at local eateries or street food stalls to experience the authentic Belizean cuisine at a lower cost.
Use public transportation or walk/bike whenever possible to reduce transportation costs.
Take advantage of the country's beautiful natural attractions, such as beaches and parks, which are often free or low-cost.
Shop at local markets or grocery stores to buy fresh produce and other essentials at a lower cost.
Avoid traveling during peak season (December to April) to save on accommodation and tour prices.