Let me break down how expensive it is to refuel here in Belize:
$1 US = $2 BZ
1 Gallon Unleaded in Belize = $11 BZ
(This fluctuates, but I've seen it at this price a few times throughout the past year. Documented below.)
1 Gallon Unleaded in Belize= $5.50 US
Belize GDP per Capita = $4,894.00 US
US GDP per Capita = $53,042.00 US
$5.50/$4,894.00 = x/$53,042.00
Cost of Gas per Gallon in Belize adjusted to US income = $59.61 US
Can you imagine paying $60 US/gallon to fill your tank?
**Please note, this analysis does not compare the cost of gas in the US to the cost of gas in Belize. It compares the cost of gas in Belize to average income in both nations.
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| That's $11.04 BZ ($5.52 US) per gallon for regular... |
Love always,
Jess
#BloggingAbroad
Challenge #7 = Money
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