Property Prices Comparison Between Belize and Panama

For major cities in those countries you get more relevant data by specifying cities.

City in Belize:
City in Panama:

Index	Belize	Panama
Price to Income Ratio:	6.65	11.22
Mortgage as Percentage of Income:	90.62%	98.78%
Loan Affordability Index:	1.10	1.01
Price to Rent Ratio - City Centre:	14.78	10.35
Price to Rent Ratio - Outside of Centre:	16.59	9.81
Gross Rental Yield (City Centre):	6.76%	9.66%
Gross Rental Yield (Outside of Centre):	6.03%	10.20%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Belize Edit	Panama Edit	Difference
Apartment (1 bedroom) in City Centre	458.39 $	920.45 $	+100.8 %
Apartment (1 bedroom) Outside of Centre	384.28 $	698.62 $	+81.8 %
Apartment (3 bedrooms) in City Centre	784.01 $	1,805.53 $	+130.3 %
Apartment (3 bedrooms) Outside of Centre	683.21 $	1,351.92 $	+97.9 %
Buy Apartment Price	Belize Edit	Panama Edit
Price per Square Feet to Buy Apartment in City Centre	134.29 $	200.90 $	+49.6 %
Price per Square Feet to Buy Apartment Outside of Centre	128.50 $	143.56 $	+11.7 %
Salaries And Financing	Belize Edit	Panama Edit
Average Monthly Net Salary (After Tax)	1,063.91 $	826.28 $	-22.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	12.50	6.30	-49.6 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	16	50

Country data (source The World Bank, 2024)	Belize	Panama
GDP Per Capita (PPP) ($) :	9,500.00	33,300.00
GDP Growth Rate:	8.73	10.81
Population Growth Rate:	1.47	1.51

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Other comparisons Belize vs Panama:

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