Cost of living in Placencia
Placencia, a picturesque village in Belize, is known for its beautiful beaches and vibrant culture. Understanding the cost of living here is crucial for anyone considering a move or extended stay.
This guide provides a detailed breakdown of expenses in Placencia, covering everything from dining and groceries to housing and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $12 on average, with a range between $8.94 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $37, with prices ranging from $27.73 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.96, with a range between $7.92 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.75 to $5.95, imported beer $2.95 to $3.97, cappuccino $2.77 to $4, and Coke/Pepsi $1 to $1.11.
Grocery Prices
- Milk - Milk is priced between $1.96 and $5 per liter, averaging $3.48.
- Eggs (Dozen) - A dozen eggs average $2.5.
- Local Cheese (1kg) - Local cheese costs around $29.76 per kg.
- Bottle of Wine (Mid-Range) - A mid-range bottle of wine costs about $15.
- Domestic Beer (0.5 liter bottle) - Domestic beer is priced at $2.65 per 0.5 liter bottle.
- Imported Beer (0.33 liter bottle) - Imported beer costs around $3 per 0.33 liter bottle.
Transportation
- Fuel (Gasoline) - Gasoline is priced at $1.78 per liter.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1200.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $700.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment average $91.49.
- Internet - Internet services range from $60 to $80, with an average cost of $70.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data averages $50.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
"Key Takeaways"
Placencia offers a relatively affordable cost of living compared to many Western countries, especially in terms of dining and housing.
While some imported goods and utilities can be pricey, local products and services are generally more budget-friendly.
Renting outside the city centre can significantly reduce housing costs, and dining at local eateries offers great value.
Conclusion
Placencia, Belize, presents a unique blend of affordability and quality of life, making it an attractive destination for expatriates and long-term visitors.
Understanding the cost of living is essential for budgeting and planning, ensuring a comfortable and enjoyable stay in this beautiful coastal village.