Cost of living comparison
Belize is 31.9% cheaper than Iceland overall.
- Restaurants
-
pay 52.0% less in Belize
- Groceries
-
pay 2.4% more in Belize
- Transportation
-
pay 29.8% less in Belize
- Housing
-
pay 21.1% less in Belize
- Entertainment and Sports
-
pay 43.7% less in Belize
- Clothing
-
pay 47.0% less in Belize
Expenses including restaurants, clothing, entertainment and sports, transportation, and housing are lower in Belize.
If you lived in Belize instead of Iceland, you would:
pay 52.0% less for restaurants
|
Iceland
|
Belize
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,564
|
$8.91
BZD17.90
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,239
|
$8.48
BZD17.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK372
|
$1.33
BZD2.66
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK267
|
$0.99
BZD1.98
|
|
pay 2.4% more for groceries
|
Iceland
|
Belize
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK390
|
$1.33
BZD2.68
|
|
| Local cheese (8 oz) |
$7.27
ISK960
|
$7.02
BZD14.09
|
|
| Milk (1 gallon) |
$6.01
ISK794
|
$11.64
BZD23.38
|
|
|
Eggs
1 dozen
|
$5.42
ISK716
|
$2.68
BZD5.38
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,124
|
$2.56
BZD5.15
|
|
| Apples (1 lb) |
$1.22
ISK162
|
$2.92
BZD5.86
|
|
| Bananas (1 lb) |
$1.03
ISK136
|
$0.68
BZD1.36
|
|
| Oranges (1 lb) |
$1.17
ISK155
|
$0.73
BZD1.47
|
|
| Tomatoes (1 lb) |
$1.87
ISK248
|
$1.38
BZD2.77
|
|
| Potatoes (1 lb) |
$1.23
ISK163
|
$1.32
BZD2.66
|
|
| Onions (1 lb) |
$0.78
ISK104
|
$1.28
BZD2.57
|
|
pay 29.8% less for transportation
|
Iceland
|
Belize
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,105
|
$6.98
BZD14.02
|
|
| Monthly public transit pass |
$71.28
ISK9,422
|
$20.00
BZD40.17
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,374,526
|
$10,514.56
BZD21,117.96
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,913
|
$31.58
BZD63.42
|
|
pay 21.1% less for housing
|
Iceland
|
Belize
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,540
|
$74.93
BZD150.49
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK242,952
|
$718.27
BZD1,442.60
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,975
|
$566.55
BZD1,137.88
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,668
|
$78.36
BZD157.39
|
|
pay (unknown) more for childcare
|
Iceland
|
Belize
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK34,124
|
?? | |
| Middle school for 1 child, two semesters |
$5,993.99
ISK792,286
|
?? |
pay 43.7% less for entertainment and sports
|
Iceland
|
Belize
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,214
|
$2.74
BZD5.51
|
|
| Cappuccino in mid-range area |
$4.65
ISK614
|
$3.34
BZD6.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,554
|
$4.17
BZD8.37
|
|
| Monthly membership at local gym |
$61.46
ISK8,124
|
$38.75
BZD77.83
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,897
|
$11.71
BZD23.52
|
|
pay 47.0% less for clothing
|
Iceland
|
Belize
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,702
|
$37.39
BZD75.11
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,890
|
$28.69
BZD57.62
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,563
|
$100.00
BZD200.85
|
|
| Men's business shoes (leather) |
$184.49
ISK24,386
|
$115.73
BZD232.43
|
|
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