Property Prices Comparison Between Panama and Belize

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

City in Panama:
City in Belize:

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

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Panama Edit	Belize Edit	Difference
Apartment (1 bedroom) in City Centre	920.45 $	458.39 $	-50.2 %
Apartment (1 bedroom) Outside of Centre	698.62 $	384.28 $	-45.0 %
Apartment (3 bedrooms) in City Centre	1,805.53 $	784.01 $	-56.6 %
Apartment (3 bedrooms) Outside of Centre	1,351.92 $	683.21 $	-49.5 %
Buy Apartment Price	Panama Edit	Belize Edit
Price per Square Feet to Buy Apartment in City Centre	200.90 $	134.29 $	-33.2 %
Price per Square Feet to Buy Apartment Outside of Centre	143.56 $	128.50 $	-10.5 %
Salaries And Financing	Panama Edit	Belize Edit
Average Monthly Net Salary (After Tax)	826.28 $	1,063.91 $	+28.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.30	12.50	+98.5 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	50	16

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

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Other comparisons Panama vs Belize:

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