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Showing posts with label Cost of Goods. Show all posts
Showing posts with label Cost of Goods. Show all posts

01 October, 2017

What's It Cost - 2017 Update

This posting was prompted by an email from Eric. He and his wife are interested in possibly moving down here and he wanted to know some of the costs of living here. It had been a few years since I looked that sort of stuff up, so I thought I'd go ahead and make an updated blog posting about it.

Finding out what things might cost down here can be quite hard, at least until you actually are here and thrashing through the bush with the rest of us.

I've written about this a few times on the blog, and I've provided some links to the previous postings for you to follow up on.

To start with I picked this one:
http://www.winjama.net/search/label/Cost%20of%20Goods Can I Really Live on $200 A Month Down There? Posted on 15 January 2016, so it is still quite current in the figures I've used.
Coin of the Realm
Next, is this post:
http://www.winjama.net/2007/07/it-costs-how-much.html It Costs How Much? Posted 12 July 2007. I wrote this one after we had only been here for a couple of months. I think you'll be able to extrapolate costs listed by comparing the cost of Post Office Box Rental for one year, of $32.50 BZD in 2007. Now, the same Post Office box costs $40 BZD per year.
Checking the Mail
So you can see that things have gone up, some more than others. But, I think it's fairly consistent overall. for example, a loaf of whole wheat bread cost $1.00 BZD in 2007. Now, it's about $1.70 a loaf.

Finally, a look at construction costs:
http://www.winjama.net/search/label/Construction%20Costs. So, What's It All Cost? This one was posted 04 February 2010.

There have been some additions to the construction costs. We extensively redid our swimming pool, deck, and awning (cost, approx. $66,000 BZD). We also made a large addition to the pool house (which became our primary residence  (cost, approx. $140,000 BZD). We finished up with a couple of projects, a small utility storage shed (cost, approx. $14,000 BZD), and a driveway addition (cost, approx. $2,000 BZD for 30-yards of gravel and hiring a Bobcat).
The  Bobcat At Work
Grand total for property and construction is approximately $260,000 USD.

We paid for it all a little bit here, a little bit there, pulling from our IRAs, my deferred compensation portion of my state retirement, and having lucked out a couple of years before we moved here when we sold our house in Olympia at about the height of the market. As a result, we have no mortgage. We own the place free and clear. Oh, yes, and our property taxes are a whopping $400 BZD per year.

Just so you don't think that we're part of that 1% crowd - Dianna and I worked most of our adult life. Between us, we've owned one new car, a Gremlin, which I bought in 1970 for $2,400 US.
Mine was Big Bad Orange
We've owned four or five houses, making payments on them. Belize is the only place where we've actually held the title to our property (or Land Certificate, as it's called here).

I hope all this helps with your planning and decision process. Would we change anything or do things differently? I don't think so. We've been comfortable with our decisions, and still enjoy living here. I think we're pretty happy.

15 January, 2016

Can I Really Live on $200 A Month Down There?

In a word - no.

But, you can live well. By that I mean comfortably, probably without lowering your lifestyle standards one bit, except for those items that are completely out of your control. For example, something that you may have thought was indispensable up north, but is simply not available in Belize. Or, maybe something that you used a lot of up north, but the cost is simply prohibitive down here, such as A/C for most of us. Of course, there are those well-heeled folks who just must have all the creature comforts and they're willing to pay for it. That's the exception to the rule.

The monthly cost of living here in Belize is not the easiest thing to nail down since it's so very subjective. But, I can tell you, more or less with ballpark numbers, what it costs us to live here.

All costs mentioned are in Belize dollars. Remember $1.00 US = $2.00 BZD.
Belize Money
Beer - Belikin costs $49.95 per case. Presidente costs about $60 per case.

Butane - Also known as cooking gas, costs about $120 to fill a hundred pound tank, and that lasts us about four or five months. We use gas for on-demand hot water, cooking, and will soon have it for drying clothes. We're going to buy a gas dryer. However, we hang clothes out to dry at every opportunity. Clothes smell better and it's free.

Cable TV - If it's available where you are (we can't get it), I think is about $100 per month, and all the bootleg movies you can handle. Mexican novellas are not to be missed - Like our soaps, but with more emoting.

Electricity or Current - We average around $200 a month for electricity. We have no A/C, but we do have five ceiling fans in our Menonnite house, and we will have eight ceiling fans in our new expanded pool house that will be our primary residence. We also have a 2Hp pool pump that we run 2-hours a day every day.

Eating Out - We eat out three to five times a week, lunches or suppers at several joints around town

Food - We shop for groceries roughly 3-4 times a week and spend around $150 each time. We shop anywhere from one to six, or even seven grocery stores, virtually each time we go grocery shopping. We also shop the central market, a couple of vegetable stands, Frank's Meats, the odd fish vendors and a roadside BBQ stand or two. Not to mention the odd truck that sells canned goods and other supplies out of their truck, or special orders like a group purchase of Caves Branch Cheeses. You get used to it. I can't even imagine shopping at Safeway or something. One store for everything? How utterly boring.

We even have a couple of guys who come by our house every so often, selling fresh fish, pork, and sometimes, as fundraisers for school functions, or some family member's medical expenses, complete BBQ chicken dinners. That's all door-to-door!

Gasoline - Petrol runs about $150 a tankful. That can vary some depending on if I use bucket gas or the Uno station. If Uno's prices get higher, I will definitely use my bucket gas dealer. That's an individual choice for sure. Some people swear by them, others think they're a rip-off.

Help - We have a gardener/caretaker twice a week for about $100, and a housekeeper/cleaning lady once a week for $40.

Insurance - Auto insurance and licensing, I'm guessing runs us $500 for a year. We just keep liability on the vehicle.

Internet - Depends on what's available to you. For us, our choices right now are Satellite - roughly $200 a month plus the cost to purchase ($2000+) your dish and modem or renting it; MiFi - Faster than satellite, but oversold and overused. It's sold by the Gigabyte. 15 Gb goes for $110. There's a couple of other wireless services available for around $100 per month.

Service on all seems to be spotty and variable. Cable, if it's available where you live (we don't have access to it - yet) runs around $100. DSL - if it's available, I think runs around $100 or so. I don't know if good ol' dial-up is even available anymore.

And High-Speed Internet. Ha, ha, ha... Oh, let me catch my breath here. No. No matter what, at best, is only available via cable, and then... Well, you pays your money, and you... You know the rest.

Medical expenses, I'm guessing we spend about $250 a month on prescriptions, our doctor visits cost about $15 for the consultation. That could be cheaper if we went to the hospital for everything, but having a private doctor Is nice.

Post Office box - Costs $40 per year.

Rent - We don't pay any rent, and have no mortgage.

Taxes - Our property taxes have been running us about $400 a year, with us living in Corozal. Our neighbors, Denis and Vivien, live across the street from us in Ranchito, and pay $10. Go figure. Our property taxes will be going up somewhat because of the new construction.

We don't work and therefore earn no money in-country, so none of our income is taxed here. Regardless of what rumor you may hear and/or believe, if you're U.S. citizens, you still have to file your income tax each year unless you're one of those lucky folks who are exempt from that drudgery.

Water for us is no cost. We have a well. So, any water costs are buried in the electric bill for the current (electricity) it takes to run our well pump.

Like I said, these costs are all ballpark. By that I mean, something like 'Individual results may vary.' I think that's pretty much everything. Hope this helps. If I missed something or you have more questions, ask away.

Cheers,
Dave

12 July, 2007

It Costs How Much?

Cost of Stuff in Corozal, Belize

I've listed costs for a lot of things here in Corozal Town. We may not have the flash of Ambergris Caye, and life is certainly slower up here on the Bay. Lan Sluder, a writer who has produced several good, factual books on Belize (Dianna and I have used and still use them for reference), seems to imply luxury is only available on Ambergris. I don't think that's necessarily true. We have several luxury houses in town and, of course, many more up at Consejo Shores (what we refer to as Little America).

The average expat - and here, I'm referring to the many-faceted expat culture we have up here in Corozal - are not just from the US, but hail from all over - Canada, Australia, England, South Africa, Austria, and Holland are just a few of the locations that come immediately to mind, can live here minimally on perhaps a Social Security monthly income, has to watch expenditures closely, turning off fans when not absolutely needed, etc., or they may have investments that, along with retirement income, etc., allows them to live a more up-scale lifestyle. We're all over the map.

I think the so-called traditional view that “Belize is the most expensive country in Central America” is simply not true. The availability of certain goods, or lack of, is true. That is what puts Corozal Town at a convenient location. Being close to Chetumal, Mexico, (9 miles away) provides ready access to several Mexican big-box stores, a genuine Walmart (called Bodega Hererra) and Sam's Club (called Sam's Club), and a bit further afield up toward Cancun, Home Depot and Costco (a few hours away), making the local unavailability of certain items relatively easy to deal with.

What we do have is an extremely relaxed way of life here. Genuinely friendly locals that are willing to deal with you straight up. That is, if you go to the Corozal marketplace to purchase your veggies or fresh fish, the stated price is the price that everyone pays – whether a local Mayan from Ranchito (a village just on the southern edge of Corozal where we live) will pay the same price as a Canadian tourist visiting for a few weeks. In the time we have been here we have not detected the price-gouging foreigners have come to expect simply because they are foreigners and that is so popularly believed to occur everywhere.

Most expats here tend to choose a life style that is comfortable and somewhat unassuming, preferring to blend in as much as possible with the local culture as is possible for Yanks and Brits and Canucks and everyone else in the expat community to do so.

What follows is a list of representative prices for stuff in Corozal. All dollar amounts are listed in US dollars, although at 2:1, what could be an easier conversion rate?
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  • 1-kilowatt hour of current (electricity): $0.25
  • 10-minute call from Corozal to Belize City: $1
  • 7-minute daytime call to U.S.: $3.53
  • Avocados: 6 for $1
  • Baby Powder: 22 oz. $1.80
  • Bananas: 20 for $1 (Free if you grow 'em)
  • Beer by the case, delivery to your house: $24.38 (with an empty case to return)
  • Bleach, Sno-Brite, 1 gal: $2.35
  • Bottled water, delivered: $50 cents to $2.50/gallon
  • Bread, Whole Wheat, Loaf: $1.00
  • Broom, plastic fan-type: $4.41
  • Bus from Corozal to Belize City: $5 regular or express
  • Butane, 25-gallon tank, filled on site (called for delivery on Sunday – 15 minutes from call to truck showing up in driveway): $6.50
  • Calamine Lotion, 120ml: $2.13
  • Candle Lighter, Bic: $7.20
  • Canned soup (Campbell’s Chicken Noodle): $1.15
  • Cat Litter, Litter Guard – 25 lb. Bag $3.25
  • Cat Litter, Fresh Step Crystals – 4 lb Bag $11.80
  • Cereal: $5
  • Chicken: $1 per pound
  • Cigarettes (Independence Belize brand): $2.63 a pack
  • Coffee (Belize, Gallon Jug brand): $6.50 per pound
  • Coke, Coke Lite (Diet Coke) and bottled water delivery are also available. $12.50
  • Construction of reinforced concrete home: $40-60 per sq. ft.
  • Cotton Swabs 400 Ct: $1.25
  • Cookies, McVitties Digestive Ginger Nuts, 200 g: $1.90
  • Crackers (Premium Saltines): $3.32
  • Diphenhydramine Expectorant: $3.63
  • DSL Internet access: $50 to $200 a month
  • Eggs, 1 dz. $1.20 dz; 5 for $0.25 Brown eggs only, white are illegal.
  • Electrical service for 1000 KW monthly: $210
  • File Folders, Manila, 10 ct.: $1.20
  • Garbage pick-up: $10 a month (they come to collect the bill)
  • Lawn Mower Repair, Briggs & Stratton: $12.50
  • Lean ground beef: $1.50 per pound
  • Linguine, Mueller's, 18 oz: $2.21
  • Liquid Plumber, 80 oz: $8.51
  • Lobster dinner: $22
  • M & M's Minis: 1.08 oz: $0.59
  • Motorcycle Helmet, Small, Adjustable: $26.51
  • Motorcycle Helmet, Large, Heavy Duty: $46.76
  • Movie DVD (pirated): $4 – 7.00
  • Muriatex Muriatic Acid, 1 Lt: $1.95
  • Music CD (pirated): $5
  • Napkins, Delsey, 125 ct: $0.63
  • Off Aerosol, 9 oz: $7.96
  • Office visit, private physician: $10
  • One-way airfare from Corozal to Philip P. Goldson International Airport, Belize City: $21.10
  • Onions: $0.40 per pound
  • Peanuts, Salted 12 oz: $2.07
  • Pizza, Corozal Town: $12 delivered
  • Pork chops: $2 per pound
  • Post Office Box Rental, 1 yr: $32.50
  • Potatoes: $0.50 per pound
  • Red beans: $0.60 per pound
  • Residential lot with bay view in Corozal: $36,000
  • Rice and Beans with Chicken or fish at local restaurant: $2.50
  • Rum, liter (Belize One Barrel brand): $6.82
  • Rum (Belize One Barrel brand) drink at bar: $1.50 to $2.50
  • Secret Deodorant, 1.6 0z: $4.98
  • Shampoo, Local Caprice Brand 900 ml: $2.50
  • Syrup, Aunt Jemima, 12 oz: $2.54
  • Taxi within Corozal Town: $2.50
  • Taxi, Cancun to Corozal Town: $400.00 (5.5 hr trip)
  • Toothpaste, Aquafresh, 50 ml: $0.90
  • Tomato Sauce, Med. Can: $0.78
  • Tomatoes, Local 1 lb: $1.00
  • Tomatoes, Imported from Mexico 1 lb: $2.50
  • Trash Bags, Glad 13 gal/22 ct: $6.01