Cost of Living in Belo Horizonte: Everything You Need to Know
- Horizonte Coliving
- Jan 7
- 7 min read
Updated: Jan 10
Belo Horizonte offers the perfect balance between a high quality of life and affordable living costs, especially when compared to other major Brazilian capitals like São Paulo, Rio de Janeiro, and Brasília. If you're considering living or spending time in the city, understanding the cost of living is essential to plan your budget effectively and make the most of what BH has to offer.
How Much Does It Cost to Live in Belo Horizonte?
Determining whether the cost of living in Belo Horizonte is high or low depends on several factors, such as location, lifestyle, safety, and accessibility. To help with your analysis, this guide breaks down the main expenses of living in the city into the following categories:
Rent: Options for different budgets in upscale, mid-range, and more affordable neighborhoods.
Food: From simple meals to high-end gastronomic experiences.
Transportation: Costs for buses, the subway, rideshare apps, and alternatives like bicycles.
Leisure: Prices to enjoy cultural and entertainment activities in the city.
*The data presented in this post was sourced from renowned platforms such as Quinto Andar, VivaReal, Bodytech, Smart Fit, Numbeo, and BHTrans, and has been cross-verified with local establishments to ensure accuracy.
Rent in Belo Horizonte
Rent is one of the most significant monthly expenses for residents, but Belo Horizonte offers a range of options to suit various lifestyles and budgets.
Prime Locations:
These include upscale neighborhoods like Lourdes, Savassi, Funcionários, Belvedere and Mangabeiras known for their premium living standards and proximity to restaurants, shops and nightlife.
1-Bedroom Apartment: R$ 2,300 – R$ 3,200
2-Bedroom Apartment: R$ 3,500 – R$ 5,500
3-Bedroom Apartment: R$ 5,500 – R$ 8,000
Mid-Tier Neighborhoods:
Bairros such as Gutierrez, Serra, Sion and Cruzeiro strike a balance between cost and quality, offering good infrastructure and access to amenities at more moderate prices.
1-Bedroom Apartment: R$ 1,500 – R$ 2,200
2-Bedroom Apartment: R$ 2,500 – R$ 4,000
3-Bedroom Apartment: R$ 4,000 – R$ 6,000
More Affordable Areas:
Regions like Santa Tereza, Floresta and Pampulha are ideal for those seeking lower rental costs while still enjoying the city's unique charm and conveniences.
1-Bedroom Apartment: R$ 1,200 – R$ 1,800
2-Bedroom Apartment: R$ 2,000 – R$ 3,000
3-Bedroom Apartment: R$ 3,000 – R$ 4,500
Coliving: The Modern Housing Solution
For those looking for a more modern and flexible living arrangement, coliving spaces are becoming increasingly popular in Belo Horizonte.
Take Horizonte Coliving, for example:
Comfortable private rooms at competitive prices
A prime location close to major city hubs
A vibrant community where residents connect and share experiences
Coliving combines the independence of having your own space with the benefits of shared living, making it a standout choice for students, young professionals, and digital nomads alike.
Whether you're drawn to the luxurious apartments of Savassi or the warm community vibe of a coliving space, Belo Horizonte provides housing options to suit every lifestyle.
Food in Belo Horizonte: Flavors for Every Taste and Budget
Eating well is part of Belo Horizonte's essence. Renowned for its rich Minas Gerais cuisine, the city offers options for everyone—from budget-friendly choices to fine dining experiences. Whether at markets, restaurants, or the city’s iconic botecos (traditional bars), food in BH is an essential cultural experience.
For those seeking convenience, pratos feitos (fixed-price meals) and snack bars deliver complete, affordable meals. Meanwhile, anyone in search of something more refined will find sophisticated restaurants capable of turning an ordinary meal into an unforgettable event.
Typical Food Costs in Belo Horizonte
Prato Feito (Fixed-Price Meals): R$ 15 – R$ 40
Simple yet delicious meals are a staple in downtown and residential neighborhoods. The classic Minas Gerais PF never disappoints.
Mid-Range Restaurants (Appetizer + Main Course): R$ 60 – R$ 150
Cozy settings and thoughtfully prepared menus make this price range perfect for dates or celebrations.
Fine Dining: Starting at R$ 200 per person
With award-winning chefs and innovative menus, these restaurants elevate Minas Gerais cuisine to an art form.
BH also delights with its charming cafes and street fairs. A pão de queijo paired with quality coffee is a must, and fairs like the Mercado Central or Mineirinho showcase the best local products, from cheeses to cachaças and spices.
Other Food-Related Costs
Snack Bars (Pão de Queijo + Coffee): R$ 7 – R$ 30
Coffee at Cafés: R$ 8 – R$ 15
Monthly Groceries (per person): R$ 600 – R$ 1,500
Belo Horizonte’s Passion: The Botecos
Known as the “Boteco Capital,” BH comes alive at bar tables, where delicious snacks and cold beer pair perfectly with lively conversations.
Beer (Long Neck): R$ 8 – R$ 15
Snacks at Traditional Botecos: R$ 30 – R$ 70 (per portion)
Night Out in Savassi or Lourdes Bars: R$ 80 – R$ 200 per person
From crispy pork belly to meat croquettes, BH’s botecos are more than just places to eat; they are cultural hubs where locals connect and celebrate life.
Eating in Belo Horizonte is more than satisfying a basic need—it’s an invitation to explore flavors, savor experiences, and create unforgettable memories.
Transportation in Belo Horizonte: Getting Around the Minas Gerais Capital
Belo Horizonte offers a range of transportation options, including public transit, ride-hailing apps, and even bicycles. While not the most organized Brazilian capital in terms of mobility, the city provides practical and affordable ways to get around.
Public Transportation
The city has an extensive bus network connecting neighborhoods to the city center and other key areas. While some routes may have irregular schedules, the system is accessible and covers nearly the entire city.
The metro system, though limited, operates a single line that connects the Eldorado neighborhood in Contagem to the Savassi area, passing through central regions. Despite its usefulness, it is far less extensive compared to the bus network.
Bus fare: R$ 5.50
Metro fare: R$ 5.75
Ride-Hailing Apps
For those seeking comfort and speed, apps like Uber, 99, and InDriver are widely used in Belo Horizonte. They offer competitive prices for both short and long trips.
Average ride cost (5 to 10 km): R$ 15 – R$ 40
Driving and Fuel Costs
If you prefer to drive, be prepared for heavy traffic during peak hours, especially on main avenues like Antônio Carlos, Cristiano Machado, and Raja Gabaglia. Fuel prices are in line with the national average.
Gasoline (per liter): R$ 6.80 – R$ 7.50
Alternative Mobility
Cycling enthusiasts will find Belo Horizonte gradually becoming more bike-friendly. Areas like Pampulha and Centro-Sul feature bike lanes and paths, making cycling safer and more convenient.
The city is also investing in bike-sharing programs, with strategically located stations that offer an eco-friendly and practical option for short trips.
Final Considerations
While Belo Horizonte still faces challenges, such as improving metro integration and expanding public transit options, it provides mobility solutions for various lifestyles and budgets. Planning your transportation in the city involves balancing comfort, cost, and time—but rest assured, there’s an option to suit your needs.
Leisure and Other Costs in Belo Horizonte
Living in Belo Horizonte means enjoying a city that balances affordable living costs with a rich variety of leisure and services. Beyond basic expenses, it’s essential to consider costs related to cultural activities, entertainment, and daily needs.
Fitness and Physical Activities
If staying in shape is important to you, BH offers options for every budget. From affordable gyms to premium fitness centers, as well as outdoor activities in the city’s parks like Mangabeiras Park and Pampulha Lagoon.
Fitness and Activities:
Gym membership: R$ 80 - R$ 300
Yoga or Pilates classes: R$ 150 - R$ 400
Culture and Entertainment:
Belo Horizonte is renowned for its vibrant cultural scene, featuring theaters, cinemas, and a variety of events throughout the year. The city also hosts major music and arts festivals.
Cinema tickets: R$ 30 - R$ 50
Theater and cultural events: R$ 50 - R$ 150
Concerts and festivals: Starting at R$ 100
Technology and Connectivity
For work or study, a reliable internet connection is crucial. BH has various providers offering packages with different speeds.
Broadband internet (monthly plans): R$ 80 – R$ 150
Private Education
If you have children, private school costs should be considered. Belo Horizonte is home to top-tier national and international schools, with tuition fees depending on the level of education and facilities provided.
Private school tuition (basic education): R$ 1,500 – R$ 3,500
Outdoor Activities and Budget-Friendly Leisure
One of BH's advantages is the abundance of free or low-cost activities. Municipal parks, street markets, and the iconic Mercado Central are perfect for enjoying the city without overspending.
Visit to Municipal Park: Free
Mercado Central: Free entry (purchases excluded)
Events in squares and fairs: Usually free
Conclusion
Belo Horizonte is a city that caters to a variety of lifestyles and budgets. Whether you prioritize cultural entertainment, sports, or education, BH provides diverse and accessible options without compromising on quality.
Quality of Life in Belo Horizonte
Belo Horizonte, despite being a bustling capital, stands out for offering an enviable quality of life. The city strikes a perfect balance between urbanization and tranquility, with neighborhoods catering to diverse lifestyles.
If you're looking for a cosmopolitan vibe, neighborhoods like Savassi and Lourdes are ideal, featuring an array of excellent restaurants, bars, gyms, and a vibrant cultural calendar. On the other hand, if you prefer a quieter, more residential area, neighborhoods like Mangabeiras and Pampulha provide a serene atmosphere, surrounded by green spaces—perfect for families and nature lovers.
Belo Horizonte is also renowned for its parks and public spaces, such as Parque Municipal and Parque das Mangabeiras, which offer excellent infrastructure for leisure and relaxation. Moreover, the city is strategically located, with easy access to renowned tourist destinations like Ouro Preto and Inhotim, making it an even more attractive choice for those who value culture and history.
So, how much does it cost to live in Belo Horizonte?
As in any capital, the cost of living can vary greatly. But if you’re still reading this, you probably want to know a specific number. To satisfy that curiosity, we believe most residents of Belo Horizonte spend between R$ 2,500 and R$ 6,000 per month, depending on factors like rent, food, transportation, and entertainment. This amount can be even higher in upscale neighborhoods or with more sophisticated leisure options. However, the city offers choices for different budgets, making it an excellent option for those seeking quality of life at more affordable costs.
The cost of living in Belo Horizonte is balanced, making it a great option for both those thinking about moving to the city and those visiting. Here, you'll find a wide range of quality services without exorbitant prices.
When planning your stay or move, you can enjoy the best of the city: vibrant culture, delicious gastronomy, various leisure options, and, of course, the warm hospitality of the people of Minas Gerais. If you’re looking for a practical life with easy access to the best of a cosmopolitan city, but with the coziness and tranquility of a welcoming place, BH is the perfect choice.
If you’re thinking about living in Belo Horizonte and want to live well without breaking the bank, Horizonte Coliving is the ideal option. Here, we offer a complete experience for those who want to balance comfort, practicality, and quality of life. Get in touch and find out everything we can offer you!
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