Belize's Gas Prices: A Costly Affair

As of May 2024, the price of octane-95 gasoline in Belize is 3.574 Belize Dollars per litre, or $1.72 (BZ$3.47) per 1/4 gallon. This is higher than the average price of gasoline globally for the same period, which is 2.72 Belize Dollars. In Belize City, the price of diesel is $13.41 per gallon, with prices slightly higher in other districts due to transportation costs.

Regular gasoline costs $13.50 per gallon

The cost of regular gasoline in Belize is $13.50 per gallon as of March 24, 2022. This price represents an increase of 66 cents compared to the previous shipment. To keep the price at this level, the Belize government reduced levies on regular fuel by 29 cents.

The high cost of gasoline in Belize is attributed to the acquisition costs of the product, which have been affected by the ongoing Russia-Ukraine conflict. The government is actively working to minimise the fuel price shock and protect its national budget.

The price of gasoline in Belize varies across different gas stations. For instance, regular gas is priced at $11.40 at Texaco and $11.42 at Shell. These prices may fluctuate over time due to various factors, including global events and local supply and demand dynamics.

The cost of gasoline in Belize has a significant impact on the overall cost of living in the country. While some expenses are much cheaper in Belize than in other countries, the high gas prices can still affect the daily lives of Belizeans, especially those who rely on vehicles for their livelihood or commute.

It is worth noting that the price of gasoline is just one component of the overall cost of transportation in Belize. Other factors, such as vehicle maintenance, road conditions, and public transportation options, also play a role in the overall transportation costs for individuals and businesses in the country.

Belize City diesel costs $13.41 per gallon

As of July 2024, the price of diesel in Belize is 3.368 Belize Dollars per litre or $13.41 per gallon. This is higher than the average global price of diesel, which is 2.50 Belize Dollars per litre.

In comparison, the price of premium gasoline in Belize is $10.92 per gallon, regular gasoline is $7.26 per gallon, and kerosene is $5.43 per gallon.

The high cost of diesel in Belize is reflected in the prices of goods and services. For example, it costs around $170 Belize Dollars ($85 USD) to fill up a Chevy Tracker in San Ignacio, Belize.

The Government of Belize monitors fuel price movements and supply conditions closely, adjusting pump prices according to demand and supply conditions in the international petroleum market.

Texaco and Shell gas prices

Gas prices in Belize vary depending on the type of fuel and the gas station. As of 2024, regular gas prices are $11.40 at Texaco and $11.42 at Shell.

Texaco and Shell are two of the major gas station brands in Belize, along with Esso. There are over 40 gas stations across the country, with workers at most stations pumping gas for customers at no extra cost.

The price of premium gas in Belize is $5.00 USD per US gallon, while diesel costs $3.80 USD per gallon, and unleaded gas is $4.95 USD per gallon. These prices are sold in US gallons and the gas stations accept both US and Belize dollars, as well as major credit cards.

In Belize City, the price of fuel is $1.72 per liter or $3.47 per gallon.

Gas prices in Belize Mexico

Gas prices in Belize and Mexico can vary depending on location and the type of gas purchased.

Belize

In Belize City, the price of 1 liter (1/4 gallon) of gas is $1.72 (BZ$3.47). In San Ignacio, Belize, regular gas is $11.40 at Texaco and $11.42 at Shell.

Mexico

In Mexico, the current gasoline price is MXN 25.33 per liter or USD 1.43 per liter as of July 15, 2024. The average gasoline price between August 11, 2014, and July 15, 2024, was MXN 19.53 per liter, with a minimum of MXN 13.67 on August 11, 2014, and a maximum of MXN 25.33 on July 15, 2024.

Comparison

The price of gas in Belize City is higher than in some other cities. For example, in Tallahassee, Florida, the price is 46% cheaper than in Belize City, and in St. Petersburg, Florida, it is 49% cheaper. However, in Nassau, the price is 8% more expensive than in Belize City.

It is worth noting that gas prices can fluctuate over time and may vary depending on the specific location within each country.

Gas prices in Belize City compared to other cities

The price of gas in Belize City is $1.72 per liter or $3.47 per gallon.

• In Youngstown, Ohio, the price is 57% cheaper than in Belize City.
• In Tallahassee, Florida, the price is 46% cheaper.
• In St. Petersburg, Florida, it is 49% cheaper.
• In Nassau, the price is 8% more expensive.
• In Cedar Rapids, Iowa, it is 48% cheaper.
• In Varese, Italy, the price is about the same.
• In Bucharest, Romania, it is 13% cheaper.
• In Melbourne, Australia, it is 25% cheaper.
• In Santa Fe, New Mexico, the price is 56% cheaper.
• In Orlando, Florida, it is 48% cheaper.
• In Boston, Massachusetts, it is 42% cheaper.
• In Austin, Texas, it is 53% cheaper.

As you can see, gas prices in Belize City are generally higher than in cities in the United States, with a few exceptions. The price is comparable to other cities in Europe and Australia.

Frequently asked questions