Guatemala City vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Guatemala City Panama City
🚶 Cost of living one person
$1168
$1583
👨‍👩‍👧‍👦 Cost of living Family
$2670
$3567
🏠 One person rent
$588
$976
🏘️ Family rent
$924
$1633
🍽️ Food expenses
$379
$432
🚐 Transport expenses
$89.2
$69.1
💳 Monthly salary after tax
$395
$936
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
3 km
7 km
🎓 Higher education
56
42
😀 Quality of life
41
69
🏙️ Population
995K
410K

The cost of living in Guatemala City is 26% less expensive than in Panama City. Cities ranked 4848th and 3744th ($1168 vs $1583) in the list of the most expensive cities in the world and ranked 1st and 1st in Guatemala and Panama, respectively. Check Guatemala vs Panama comparison.

The average after-tax salary is enough to cover living expenses for 0.3 months in Guatemala City compared to 0.6 months in Panama City. Guatemala City ranked 1st best city to live in Guatemala vs Panama City ranked 1st in Panama, while ranked 7729th and 4400th among best cities to live in the world.

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Prices in Guatemala City vs Panama City

Prices for goods and services in Guatemala City and Panama City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Guatemala City Panama City
Eating Out
🍱 Lunch Menu
$6.34
$10.6
🥂 Dinner in a Restaurant, for 2
$42.7
$45.3
🥪 Fast food meal, equiv. McDonald's
$6.71
$7.39
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.3
$2.97
☕ Cappuccino
$3.78
$3.94
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.11
$1.71
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$680
$1062
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$441
$794
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1234
$1911
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$685
$1347
🔌 Utility Bill one person, electricity, heating, water, etc.
$56.6
$82.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$86.7
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$42.4
$45.4
🏦 Mortgage Interest Rate for 20 Years
10.21%
6.26%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1895
$3048
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1085
$1725
Transportation
🚌 Local transport ticket
$1.32
$0.35
🎟️ Monthly ticket local transport
$15.8
$22.2
🚕 Taxi Ride, 8 km or 5 mi
$14.9
$17.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.16
$0.93
Groceries
🥛 Milk, 1 L or 1 qt
$2.07
$1.84
🍞 Bread, 0.5 kg or 1.1 lb
$2.61
$2.23
🍚 Rice, 1 kg or 2.2 lb
$2.13
$2.33
🥚 Eggs, x12
$2.62
$3.26
🧀 Cheese, 1 kg or 2.2 lb
$8.59
$11.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.23
$6.57
🥩 Round Steak, 1 kg or 2.2 lb
$13.3
$9.64
🍏 Apples, 1 kg or 2.2 lb
$3.59
$3.53
🍌 Banana, 1 kg or 2.2 lb
$1.78
$1.62
🍊 Oranges, 1 kg or 2.2 lb
$3.25
$3.29
🍅 Tomato, 1 kg or 2.2 lb
$1.66
$3.03
🥔 Potato, 1 kg or 2.2 lb
$1.99
$2.46
🧅 Onion, 1 kg or 2.2 lb
$2.34
$3.74
🌊 Water, 1 L or 1 qt
$0.74
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$9.11
$11.6
🍺 Beer, 0.5 L or 16 fl oz
$1.68
$1.44
🚬 Cigarette pack
$3.97
$6.04
💊 Cold medicince, 1 week
$6.31
$8.16
🧴 Hair Shampoo
$7.05
$8.03
🧻 Toilet paper, 4 rolls
$2.67
$2.96
👄 Toothpaste, 1 tube
$2.51
$3.04
Other
🏋️ Gym Membership, 1 month
$48.7
$42.8
🎫 Cinema Ticket, 1 person
$6.38
$7.3
👩‍⚕️ Doctor's visit
$41.8
$50.2
💇 Haircut, simple
$13.7
$14.5
👖 Brand Jeans
$59
$53.6
👟 Brand Sneakers
$124
$91.3
👶 Daycare or Preschool, 1 month
$266
$503
🏫 International Primary School, 1 year
$6652
$13402

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Guatemala City

Distance City Cost of living
10 km or 6.2 mi Mixco
$720
13 km or 7.9 mi San Miguel Petapa
$1065
58 km or 36 mi Jalapa
$1062
69 km or 43 mi Panajachel
$900
99 km or 61 mi Coban
$936
105 km or 65 mi Mazatenango
$938
106 km or 66 mi Ahuachapan
$1470
107 km or 66 mi Momostenango
$934
109 km or 68 mi Quetzaltenango
$847
128 km or 79 mi Santa Ana
$734
132 km or 82 mi Sonsonate
$897
169 km or 105 mi Santa Tecla
$1178
170 km or 106 mi Apopa
$1221
171 km or 106 mi Mejicanos
$1237
175 km or 109 mi Soyapango
$1246
176 km or 109 mi San Salvador
$1274
190 km or 118 mi Tapachula
$761
264 km or 164 mi Usulutan
$1109
267 km or 166 mi Flores
$990
281 km or 174 mi Villanueva
$823
282 km or 175 mi San Miguel
$1120
285 km or 177 mi San Pedro Sula
$1015
294 km or 183 mi Choloma
$668
295 km or 183 mi La Lima
$815
306 km or 190 mi El Progreso
$804
310 km or 193 mi Comayagua
$705
310 km or 193 mi Puerto Cortes
$739
323 km or 201 mi San Ignacio
$1054
327 km or 203 mi San Cristobal de las Casas
$801
349 km or 217 mi Belmopan
$1007
362 km or 225 mi Tegucigalpa
$863
366 km or 227 mi Tuxtla Gutierrez
$768
369 km or 229 mi Yoro
$737
371 km or 230 mi Balancan
$917
407 km or 253 mi Belize City
$938
422 km or 262 mi La Ceiba
$626
428 km or 266 mi Chinandega
$787
439 km or 273 mi Caye Caulker
$1574
454 km or 282 mi Villahermosa
$1054
459 km or 285 mi San Pedro Town
$1365

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1425
16 km or 9.9 mi Tocumen
$1403
26 km or 16 mi Pacora
$1395
34 km or 21 mi La Chorrera
$977
59 km or 37 mi Colon
$1179
108 km or 67 mi Penonome
$1153
154 km or 96 mi Chitre
$1154
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$764
329 km or 204 mi David
$922
398 km or 247 mi Monteria
$703
403 km or 250 mi Limon
$1332
406 km or 252 mi Santa Cruz de Lorica
$764
452 km or 281 mi Sincelejo
$572
463 km or 288 mi Cartagena
$1155
483 km or 300 mi Quibdo
$757
494 km or 307 mi Cartago
$1290
513 km or 319 mi San Jose
$1454
518 km or 322 mi Heredia
$1378
521 km or 324 mi Magangue
$707
526 km or 327 mi Bello
$915
529 km or 329 mi Alajuela
$1323
530 km or 329 mi Medellin
$1071
534 km or 332 mi Envigado
$992
558 km or 347 mi Soledad
$950
559 km or 348 mi Barranquilla
$909
595 km or 370 mi Puntarenas
$825
617 km or 383 mi Cartago
$738
617 km or 383 mi Cienaga
$874
623 km or 387 mi Manizales
$717
627 km or 390 mi Santa Teresa
$1273
627 km or 390 mi Pereira
$789
631 km or 392 mi Santa Marta
$971
632 km or 393 mi Buenaventura
$825
636 km or 395 mi Minca
$887
651 km or 404 mi Salento
$709
652 km or 405 mi Armenia
$719
657 km or 408 mi Tulua
$537
658 km or 409 mi Barrancabermeja
$1040
675 km or 419 mi Liberia
$957