Cost of living and prices in Guatemala, prices of food, rent, shopping, etc 🇬🇹 Updated Jul 2023
Guatemala is a Central American country with a total area of 108,890 square kilometres, bordering Belize, El Salvador, Honduras, and Mexico. It has a population of 13,550,440 with a population density of 124.44 people per square kilometre. The official language of Guatemala is Spanish, and the currency used is the Guatemalan quetzal. The country's GDP is $53,900,000,000 with a per capita of $3978. The top-level domains in Guatemala are .gt.
Guatemala boasts of a diverse landscape ranging from volcanoes, tropical rainforests, and ancient Mayan ruins to stunning beaches, perfect for a beach getaway. The country's rich culture is seen through its lively festivals, art, cuisines, and handicrafts. Visitors to the country can enjoy exploring its vibrant cities, including Guatemala City, which is the country's capital and largest city, Antigua, Flores, and Panajachel. Generally, the cost of living in Guatemala is relatively low compared to other countries in Central America, making it an affordable destination for travelers and expats looking for a unique experience.
For expats looking to relocate to Guatemala, they can take advantage of the country's low cost of living and ample opportunities for investment. It is also worth noting that expats can enjoy the country's affordable healthcare system, which is relatively decent compared to other countries in Central America. Additionally, Guatemala's geographical location is ideal for international business, thanks to its strategic position near the United States and Mexico. Overall, Guatemala is a beautiful country with lots to offer, from its natural wonders to its rich culture, making it an excellent place to visit and live.
Cost of Living Estimate in Guatemala
You can calculate cost of living in Guatemala by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Guatemala is a culturally rich country that offers a diverse culinary experience. If you love street food, then you will be in for a treat as you can find many food vendors on the streets selling local delights. You cannot miss out on trying the Guatemalan staple food, called 'tamales.' The tamales are made with corn dough and filled with different ingredients like chicken, pork or beans. Another popular dish is 'pupusas,' a stuffed tortilla filled with cheese, beans, and meat. You can also find many restaurants that serve local food and international cuisine. Most of the restaurants use fresh and locally sourced ingredients, making the food even more delicious. Be sure to try the traditional Guatemalan drinks, such as 'horchata,' a sweet cinnamon-based drink or 'atol,' a corn-based warm beverage.
Guatemala has numerous restaurants that cater to vegetarian and vegan tastes. If you are a vegetarian, you will be pleased to learn that most Guatemalan dishes come with beans, rice, and vegetables. Most of the restaurants use fresh herbs and spices to flavor the food, creating unique and distinctive flavors. You can find many gluten-free and dairy-free options in the country as well. If you are looking for a unique dining experience, try visiting an organic farm-to-table restaurant. These restaurants serve food made with fresh and natural ingredients, grown and harvested on-site. You can enjoy a meal with a beautiful view of the countryside while knowing that you are supporting sustainable agriculture.
Market prices in Guatemala can be quite dynamic, influenced by various factors such as supply and demand, weather patterns, and government policies. Whether it's fresh produce at a local farmer's market or artisanal crafts in a tourist hotspot, prices can vary greatly depending on the time of year and location.
Additionally, the cost of goods and services in Guatemala can be significantly cheaper than in other countries, making it a popular destination for budget-savvy travelers. However, it's important to keep in mind that bargaining is a common practice in many markets, so it's always a good idea to brush up on your negotiation skills before embarking on a shopping excursion!
Traveling in Guatemala can be an adventure in itself as it offers a variety of transportation options for visitors. One of the most popular modes of transportation in the country is the chicken bus, which is a colorful and lively option for budget travelers. These buses are usually old American school buses that have been painted with vibrant colors and patterns. They are often overcrowded, but provide an authentic experience as they stop at local villages and markets along the way.
Another option for getting around Guatemala is hiring a private car or taxi. This mode of transportation is ideal for those who prefer comfort and convenience. With this option, visitors can enjoy a personalized experience and travel at their own pace, choosing their route and stops. Additionally, hiring a private car or taxi is a great option for those traveling with a group or family as it can be more cost-effective than other modes of transportation.
Utilities Per Month prices
When traveling to Guatemala, it's important to keep in mind that utilities cost can vary greatly depending on where you go in the country. In major cities like Guatemala City or Antigua, electricity, water, and gas prices tend to be higher than in rural areas. It's also common to pay a monthly fee for utilities, rather than a one-time payment. It's a good idea to budget for utility costs in addition to your accommodation and transportation expenses so you can avoid any unexpected surprises when you arrive in Guatemala.
If you're planning on staying in a hotel or resort, keep in mind that some establishments may charge extra for certain utilities. For example, you may be charged for air conditioning use, or for using the hotel's Wi-Fi. Some hotels may also require a deposit for any damage to the room or excessive use of utilities. It's important to read the fine print and ask questions beforehand so you can plan accordingly and avoid any additional fees. Overall, being mindful of your utility usage and budgeting accordingly can make for a smoother and more enjoyable trip to Guatemala.
Sports And Leisure prices
Guatemala is an exciting destination for sports enthusiasts and outdoor adventurers. The country is home to some of the most stunning natural landscapes, including ancient forests, pristine lakes, and majestic mountains. Visitors can indulge in a variety of adrenaline-pumping activities such as hiking, biking, white-water rafting, zip-lining, and rock climbing, among others. The Guatemala highlands offer some of the most incredible hiking trails with breathtaking views of volcanoes, valleys, and forests. The country's rivers and lakes offer an opportunity to experience the thrill of white-water rafting, kayaking, and fishing. Overall, sports and leisure activities in Guatemala are perfect for travelers looking for an unforgettable outdoor adventure.
In addition to the thrill of adventure, Guatemala is also a hot destination for wellness and leisure. The country is home to several natural hot springs, which offer a relaxing and rejuvenating experience. You can soak up in the warm, mineral-rich waters and take in the stunning views of the mountains and surrounding landscapes. For a complete wellness experience, there are several holistic retreats and wellness centers that offer a range of services such as spa treatments, meditation, yoga, and wellness classes. The natural beauty of the country, coupled with the soothing treatments, makes Guatemala a perfect destination for travelers looking to unwind and reconnect with nature and themselves.
Salaries And Financing prices
Salaries in Guatemala tend to be lower than in many other countries, but the cost of living is also lower, so it can be a great place to stretch your budget. It's important to note that many locals work in the informal economy, which means they don't have regular salaries or benefits. However, there are also opportunities for foreigners to work in industries like tourism, which can pay more competitive wages. If you're planning to work in Guatemala, it's useful to do some research on what to expect in terms of salaries and working conditions.
Financing in Guatemala can be a bit of a mixed bag. Banking services are available in most cities, but it's important to be aware that not all ATMs or businesses accept all types of credit or debit cards. You may also encounter fees and currency conversion charges when using your card abroad. It's always a good idea to keep cash on hand and to exchange your money at an authorized exchange house in order to avoid being scammed. While financing can be a bit tricky at times, it's also worth noting that Guatemala is an affordable destination, so you may find you don't need to spend as much money as you thought you might.
Childcare prices in Guatemala can vary greatly depending on the type of service being provided. Schools tend to be on the higher end of the price spectrum, as they provide more comprehensive education and resources for children. However, they may also offer more flexible options for working parents, such as extended hours or afterschool programs. Kindergartens, on the other hand, are typically more affordable but may have limited hours and resources.
When it comes to childcare in Guatemala, parents may also consider in-home nannies or babysitters. While this option can provide more personalized care for children, it may also come with its own set of challenges, such as finding a trustworthy and reliable caregiver. Overall, the cost of childcare in Guatemala can be a significant expense for families, but there are a variety of options available to fit different needs and budgets.
Clothing And Shoes prices
Guatemala is a great place to shop for clothing and shoes at affordable prices. Markets and local vendors can be found throughout the country, offering a range of options from traditional hand-woven textiles to modern fashion. You can find amazing deals on high-quality clothes and shoes in these markets, but be prepared to bargain!
If you prefer the convenience of shopping in a shopping mall, Guatemala City has various options to choose from. These malls offer a mix of local and international brands, making it easy to find the latest trends. Online shopping is also catching up in Guatemala, with several local e-commerce platforms that offer quick and reliable delivery. The range of clothing and footwear available in Guatemala will satisfy any taste and budget!
Rent Per Month prices
When traveling through Guatemala, short-term rental options are plentiful and varied. From cozy apartments in the heart of bustling cities to secluded villas nestled in the mountains, visitors have plenty of options when it comes to finding a short-term home away from home. Prices for rentals vary depending on location, amenities, and length of stay, but travelers can expect to find options that fit their budget, whether they're seeking budget-friendly options or more luxurious accommodations.
In addition to traditional rental options, there are also numerous bed and breakfasts, guesthouses, and hostels throughout Guatemala that offer short-stay accommodations. These options offer travelers the chance to connect with locals and other travelers, often providing a more authentic travel experience. Prices for these options tend to be more budget-friendly, making them a great choice for travelers looking to save on accommodation costs while still enjoying comfortable and convenient accommodations.
Buy Apartment prices
Guatemala offers a diverse range of real estate buying options to choose from. Those interested in purchasing properties can opt for apartments, houses, condominiums, or even land parcels. The prices of these properties vary depending on their location, size, amenities, and other factors. However, compared to other countries in the region, Guatemala's real estate prices are quite affordable.
One of the most sought-after real estate buying options in Guatemala is houses. These houses are available in different configurations, including single, double, or triple floors, and come with a variety of amenities like gardens, swimming pools, and security systems. For those looking for a more minimalistic lifestyle, apartments and condominiums offer a modern and convenient way to live. Regardless of the buying option, it is always advisable to consult a local real estate expert to get the best deals and avoid any potential pitfalls.