The Belizean currency’s proximity to the American dollar can make it an ideal trip for many or it can spell a disadvantageous to others. But, still, Belize remains one of the premier Caribbean destinations, with English-speaking locals, affordable prices, and beautiful natural wonders.
How Expensive Is Belize?
Belize is considered cheap and affordable compared to living in the US or Canada. However, as a holiday destination, though it’s still considered affordable, it’s not the cheapest there is in Central America or even the Caribbean. A holiday in Belize can set you back almost a thousand US dollars, which can be off-putting to many.
Why Is Belize So Expensive?
For one, Belize’s currency is closely tied to the dollar, so there isn’t much travel advantage if you’re a dollar earner. Honduras and Costa Rica are notably cheaper than Belize, and some parts of Mexico. Another reason is that prices tend to be pricier because many of the country’s supplies are exported from neighboring countries adding value to products.
How Much Does It Cost to Vacation in Belize?
An average daily cost in Belize can range from 50 to 70 US dollars, while an average week for one person can up to 500 US dollars. Belize’s prices are a bit closer to US rates which discourage backpack travelers who swear by their budget.
How Much Does a Week in Belize Cost?
A per person average can range up to 500 US dollars, while the average cost for a couple in a week can range from 900 to 1,000 US dollars. However, you can always find ways to adjust your expenses according to your budget.
How Do I Pay in Belize?
It’s best to pay in a variety of forms during a vacation: cash on hand, with a mix of both US and Belize dollars, credit and debit cards, and online payment apps through a smartphone or iPhone. Most establishments accept payments in US dollars, as the country’s currency is closely tied to the US dollar, with a ratio of 2 (2.01) Belize dollars to 1 US dollar.
What Money Does Belize Use?
Belize uses the Belize dollars, abbreviated as BZ$, and is the country’s official currency. When paying for products and services in Belize, however, they accept US dollars as the currency exchange rate is not far off.
Does Belize Have Its Own Currency?
Belize has the Belize dollars, with an exchange rate of 2.01 Belize dollars to 1 US dollar. Being a US dollar holder or a citizen of the USA doesn’t have many advantages when traveling to Belize, because of this.
Can I Use US Dollars in Belize?
US Dollars, which costs only 2.01 Belize dollars, are widely accepted in the country. Most tourists pay in dollars and almost all tourist establishments accept payment in US dollars. While this may not be a hassle for tourists, however, US dollars don’t hold many perks in Belize because of the exchange rate, as opposed to Mexico, or Costa Rica.
Can You Use Credit Cards in Belize?
Many establishments, especially the tourist-centered ones accept credit cards. It’s best to inform your issuing bank in advance, that you will be using your credit card for overseas transactions.
Can I Use My Debit Card in Belize?
Other than the common use of credit cards, debit cards are also accepted in Belize, though not as common as credit cards. Many establishments commonly accept VISA debit cards, however, there will be extra fees for overseas transactions.
Debit cards are widely used when withdrawing from the ATM, however, it’s best to be informed about your issuing bank’s overseas withdrawal rates.
Do You Need Cash in Belize?
To avoid extra fees in using credit or debit cards that might ruin your budget and leave you in debt with your issuing bank back at home, it’s advisable to make cash your main mode of payment.
Payments in cash are encouraged, especially when you have Belizean or US dollars on hand. Make sure to have your cash in multiple denominations to avoid any hassled changing and paying for products and services.
What Is the Best Currency to Take to Belize?
The best currency to take to Belize is the country’s very own, or at least US dollars. Having Belize dollars on hand is advantageous as it avoids the hassle of exchanging money in exchange booths or Casas de Cambio, or bad exchange rates used by restaurants.
If you have US dollars or any other currency it’s best to exchange them at your local banks, or the airport as the rates aren’t too skewed that will put you at a disadvantage.
How Much Cash Should I Take to Belize?
It depends on how many days you’re going to spend and the itinerary you have. This allows you to set your budget priorities straight. However, if you only have daily expenses prioritized, it’s good to have at least 500 US dollars for a week.
Should I Tip in Belize?
Tipping is not mandatory in Belize, service workers don’t expect tips, however, being extra generous doesn’t hurt either. Upscale places that are all-inclusive don’t allow tipping as it is all covered in the package you’re paying for.
Is It Customary to Tip in Belize?
It’s not mandatory to tip in Belize, and the culture doesn’t expect you to tip either, However, it’s in the discretion of the guest to tip in whatever amount, service workers will surely appreciate it.
How Much Do You Tip in Belize?
By standard, wherever tourist hotspot you go, it’s best to tip 10% to 15% on average in Belize.
How Much Do You Tip Housekeeping in Belize?
Check your hotel bill first, chances are there is a 10% service charge that goes to bellboys, maids, and porters. If it doesn’t, give a 5-10% tip to bellboys, maids, and porters who have assisted you.
What Is the Minimum Wage in Belize?
The minimum wage in Belize, as of 2021 is 3.30 Belize dollars an hour, or 1.65 US dollars.