Cost of living
Belize compared to Iceland
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Overview comparison
BelizeIceland
Consumer prices in Iceland are roughly 61% higher than in Belize.
Cost of living
| Item | Belize | Iceland |
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| Total with rent one person | 938 | 2,964 |
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| Total with rent family | 2,704 | 4,846 |
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| Without rent one person | 599 | 959 |
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| Without rent one family | 1,572 | 2,730 |
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| Rent & Utilities person | 457.09 | 1,597.82 |
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| Rent & Utilities family | 679.1 | 2,046.76 |
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| Food person | 411 | 870 |
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| Food family | 1,005 | 2,184 |
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| Transport person | 61.41 | 77.85 |
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| Transport family | 150.12 | 222.83 |
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| Life expectancy | 76.79 years | 80.74 years |
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Eating Out
| Item | Belize | Iceland |
|---|
| Lunch Menu | 6.96 | 17.65 |
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| Dinner in a Restaurant, for 2 | 25.24 | 129.25 |
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| Fast food meal, equiv. McDonald's | 7.26 | 18.5 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.27 | 12.12 |
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| Cappuccino | 5.15 | 4.5 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.52 | 3.66 |
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Rent & Utilities
| Item | Belize | Iceland |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 448.43 | 1,800.05 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 237.23 | 1,312.55 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 719.27 | 2,314.52 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 538.03 | 2,843.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 84.54 | 44.71 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 100.59 | 67.33 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 53.74 | 76.76 |
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Transportation
| Item | Belize | Iceland |
|---|
| Local transport ticket | 10.61 | 7.78 |
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| Monthly ticket local transport | 170 | 4,980 |
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| Taxi Ride, 8 km or 5 mi | 1,057 | 4,162 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.5 | 5.47 |
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| Mortgage Interest Rate for 20 Years | 26.55% | 72.85% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.91 | 22.8 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.12 | 2.33 |
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Groceries
| Item | Belize | Iceland |
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| Milk, 1 L or 1 qt | 2.74 | 1.83 |
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| Bread, 0.5 kg or 1.1 lb | 1.33 | 3.36 |
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| Eggs, x12 | 3.44 | 6.58 |
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| Cheese, 1 kg or 2.2 lb | 8.81 | 14.12 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.44 | 15.81 |
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| Round Steak, 1 kg or 2.2 lb | 7.71 | 40.5 |
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| Banana, 1 kg or 2.2 lb | 1.64 | 2.45 |
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| Water, 1 L or 1 qt | 0.65 | 1.36 |
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Other
| Item | Belize | Iceland |
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| Gym Membership, 1 month | 40.1 | 76.37 |
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| Cinema Ticket, 1 person | 8.46 | 16.72 |
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| Doctors visit | 28.16 | 93.82 |
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| Haircut, simple | 5.06 | 51.01 |
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| Brand Jeans | 34.16 | 119.07 |
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| Brand Sneakers | 101.87 | 169.8 |
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| Daycare or Preschool, 1 month | 263.48 | 220.27 |
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| International Primary School, 1 year | 5,302 | 6,414 |
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