|A Sailboat In Belize|
Source: Flickr via Creative Commons. Photo by Dena Hayes
For people contemplating purchasing land in Belize and buying a home it can be challenging to find decent information on the cost-of-living. Lan Sluder has written an outstanding book called "Living Abroad In Belize" which helps answer many of the basic questions that potential investors have about starting their life in Belize; including an overview on the cost-of-living. The following is an extract from Sluder's book that I think you may find valuable:
Average Middle-Class Monthly Budget
- The couple has paid for their 150K home already.
- The couples Ford Explorer is also paid for.
- The couple chooses to buy health insurance, which includes medevac coverage, from and international insurer.
Electricity (750kwh): $158
Telephone (incl. long distance): $110
Cable TV: $25
Entertainment and dining out: $200
Property tax: $24
Auto insurance: $20
Health insurance: $400
Out-of-pocket medical expenses: $150
Home insurance: $150
Gasoline (40 gallons): $160
Auto maintenance: $100
Householder help/caretaker (part time): $250
Misc. personal expenses: $275
Although personal spending habits need to be factored into any budget I hope that Sluder's estimates shed a bit of light on the cost of living in Belize. If you have other sources of information that others can benefit from please add a comment.