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:	6.50	10.97
Mortgage as Percentage of Income:	96.01%	96.60%
Loan Affordability Index:	1.04	1.04
Price to Rent Ratio - City Centre:	16.56	10.06
Price to Rent Ratio - Outside of Centre:	17.37	9.79
Gross Rental Yield (City Centre):	6.04%	9.94%
Gross Rental Yield (Outside of Centre):	5.76%	10.21%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Belize Edit	Panama Edit	Difference
Apartment (1 bedroom) in City Centre	416.58 $	914.84 $	+119.6 %
Apartment (1 bedroom) Outside of Centre	356.02 $	698.62 $	+96.2 %
Apartment (3 bedrooms) in City Centre	683.51 $	1,778.87 $	+160.3 %
Apartment (3 bedrooms) Outside of Centre	676.96 $	1,355.77 $	+100.3 %
Buy Apartment Price	Belize Edit	Panama Edit
Price per Square Feet to Buy Apartment in City Centre	134.29 $	193.28 $	+43.9 %
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)	1,088.38 $	826.28 $	-24.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	13.83	6.30	-54.5 %
Last update:	30 April 2025	22 May 2025
Contributors in the past 12 months:	15	49

Country data (source The World Bank, 2024)	Belize	Panama
GDP Per Capita (PPP) ($) :	12,500.00	35,900.00
GDP Growth Rate:	1.15	7.40
Population Growth Rate:	1.47	1.48

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