Belize vs Costa Rica

Belize costs roughly 21% less than Costa Rica, though Costa Rica scores higher on both safety and healthcare. Use our tool below to personalize the estimate based on your income and lifestyle.

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Belize is approximately 21% less expensive than Costa Rica based on cost of living including rent. This makes Belize a more budget-friendly option for expats considering a move.

Belize has a FIRE Score of 83/100, indicating its suitability for financial independence and early retirement. The country's safety index is 30.4, suggesting moderate safety levels.

Recommended profile: Belize is ideal for GeoArbitragers and remote workers looking to maximize savings.

Overall Winner

About Belize

English fluency and a low $2,000/mo retirement visa threshold mask a rough safety picture: a 30.4 safety index and a Level 2 US travel advisory rule this out for anyone risk-averse. Rent runs under $500/mo, keeping cash flow easy, but the Qualified Retired Persons program grants a pathway to permanent residency, so long-term legal footing stays uncertain.

MONTHLY SAVINGS

$1,701/mo

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Living Costs (excl. rent)

Single (excl. rent)$822
Family (excl. rent)$2,962

Rent Per Month

1 Bedroom (City Centre)
$477
1 Bedroom (Outside Centre)
$491
3 Bedroom (City Centre)
$1,191
3 Bedroom (Outside Centre)
$625

Attractiveness Scores

FIRE Score
83/100
Retiree Score
46/100
Nomad Score
62/100


Country Details →

About Costa Rica

Costa Rica works for retirees who want a rubber-stamp visa, not bargain hunters chasing rock-bottom prices. A one-bedroom near the city center runs $903/mo, pushing this above typical Latin America budget destinations. The Pensionado visa only requires $1,000/mo in retirement income, but progressive income tax up to 25% and a clear path to permanent residency mean this is a lifestyle purchase, not a tax play.

MONTHLY SAVINGS

$1,153/mo

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Living Costs (excl. rent)

Single (excl. rent)$944
Family (excl. rent)$3,504

Rent Per Month

1 Bedroom (City Centre)
$903
1 Bedroom (Outside Centre)
$643
3 Bedroom (City Centre)
$1,722
3 Bedroom (Outside Centre)
$1,158

Attractiveness Scores

FIRE Score
56/100
Retiree Score
54/100
Nomad Score
67/100


Country Details →

Battle of Lifestyles

Scroll to compare

MetricBelizeCosta Rica
Travel Advisory
Level 2: Increased CautionLevel 2: Increased Caution
Quality of Life Index
100.4
129.4 +29.0
Healthcare Index
54.1 64.3 +10.2
Safety Index
30.4
45.9 +15.5
Cost of Living Index
41.4 +8.750.1
Living Costs (Single, excl. rent)$821.9 +122.1$944
Living Costs (Family, excl. rent)$2,961.9 +542.2$3,504.1
1BR Apartment (Center)$476.87 +426.58$903.45
1BR Apartment (Outside)$491.3 +151.53$642.83
3BR Apartment (Center)$1,190.95 +531$1,721.95
3BR Apartment (Outside)$624.5 +533.23$1,157.73
Avg Internet Speed86.7 Mbps 212.24 Mbps +125.5

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.