Guatemala City vs Panama City - Cost of Living Comparison

Updated:

Livingcost

Guatemala City Panama City
🚶 Cost of living one person
$1005
$1384
👨‍👩‍👧‍👦 Cost of living Family
$2573
$3435
🏠 One person rent
$454
$751
🏘️ Family rent
$939
$1474
🍽️ Food expenses
$373
$444
🚐 Transport expenses
$66
$84.4
💳 Monthly salary after tax
$452
$914
😷 Air quality
Moderate
Good
✈️ Airport proximity
3 km
7 km
🎓 Higher education
55
42
😀 Quality of life
50
66
🏙️ Population
1.21M
881K

The cost of living in Guatemala City is 27% less expensive than in Panama City. Cities ranked 5655th and 4139th ($1005 vs $1384) 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 0.5 months in Guatemala City compared to 0.7 months in Panama City. Guatemala City ranked 1st best city to live in Guatemala vs Panama City ranked 1st in Panama, while ranked 6198th and 3919th among best cities to live in the world.

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Cost of living in Guatemala City vs Panama City infographic

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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
$5.78
$12.3
🥂 Dinner in a Restaurant, for 2
$51.3
$55.2
🥪 Fast food meal, equiv. McDonald's
$6.38
$7.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.93
$2.94
☕ Cappuccino
$3.29
$4.25
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.34
$1.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$564
$827
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$310
$577
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1342
$1757
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$688
$1198
🔌 Utility Bill one person, electricity, heating, water, etc.
$50.4
$76.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$77.1
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$43.3
$47.4
🏦 Mortgage Interest Rate for 20 Years
8.88%
6.12%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1411
$2406
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$991
$1535
Transportation
🚌 Local transport ticket
$0.84
$0.35
🎟️ Monthly ticket local transport
$13.6
$26.2
🚕 Taxi Ride, 8 km or 5 mi
$8.84
$13.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.1
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.98
$1.78
🍞 Bread, 0.5 kg or 1.1 lb
$3.23
$2.12
🍚 Rice, 1 kg or 2.2 lb
$2.52
$2.08
🥚 Eggs, x12
$2.41
$2.67
🧀 Cheese, 1 kg or 2.2 lb
$5.94
$13.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.57
$7.23
🥩 Round Steak, 1 kg or 2.2 lb
$8.68
$10.4
🍏 Apples, 1 kg or 2.2 lb
$3.51
$3.11
🍌 Banana, 1 kg or 2.2 lb
$1.59
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.46
$3.09
🍅 Tomato, 1 kg or 2.2 lb
$2.06
$2.94
🥔 Potato, 1 kg or 2.2 lb
$1.86
$2.19
🧅 Onion, 1 kg or 2.2 lb
$2.46
$2.5
🌊 Water, 1 L or 1 qt
$0.79
$1
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.79
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$8.72
$9.03
🍺 Beer, 0.5 L or 16 fl oz
$1.75
$1.14
🚬 Cigarette pack
$3.61
$5.89
💊 Cold medicince, 1 week
$4.89
$10.5
🧴 Hair Shampoo
$5.8
$6.97
🧻 Toilet paper, 4 rolls
$2.64
$3.12
👄 Toothpaste, 1 tube
$2.56
$3.06
Other
🏋️ Gym Membership, 1 month
$59.1
$43.8
🎫 Cinema Ticket, 1 person
$7.84
$6.71
👩‍⚕️ Doctor's visit
$40
$49.1
💇 Haircut, simple
$15.2
$13.7
👖 Brand Jeans
$51.1
$54.3
👟 Brand Sneakers
$114
$90.2
👶 Daycare or Preschool, 1 month
$219
$437
🏫 International Primary School, 1 year
$5642
$9531

Cost of living in other countries

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Cities near Guatemala City

Distance City Cost of living
10 km or 6.2 mi Mixco
$639
13 km or 7.9 mi San Miguel Petapa
$900
58 km or 36 mi Jalapa
$904
69 km or 43 mi Panajachel
$791
99 km or 61 mi Coban
$912
105 km or 65 mi Mazatenango
$870
106 km or 66 mi Ahuachapan
$1455
107 km or 66 mi Momostenango
$872
109 km or 68 mi Quetzaltenango
$777
128 km or 79 mi Santa Ana
$709
132 km or 82 mi Sonsonate
$882
169 km or 105 mi Santa Tecla
$1202
170 km or 106 mi Apopa
$1145
171 km or 106 mi Mejicanos
$1161
175 km or 109 mi Soyapango
$1173
176 km or 109 mi San Salvador
$1192
190 km or 118 mi Tapachula
$646
264 km or 164 mi Usulutan
$1088
267 km or 166 mi Flores
$859
281 km or 174 mi Villanueva
$866
282 km or 175 mi San Miguel
$1081
285 km or 177 mi San Pedro Sula
$1038
294 km or 183 mi Choloma
$599
295 km or 183 mi La Lima
$870
306 km or 190 mi El Progreso
$883
310 km or 193 mi Comayagua
$715
310 km or 193 mi Puerto Cortes
$720
323 km or 201 mi San Ignacio
$1090
327 km or 203 mi San Cristobal de las Casas
$666
349 km or 217 mi Belmopan
$729
362 km or 225 mi Tegucigalpa
$829
366 km or 227 mi Tuxtla Gutierrez
$642
369 km or 229 mi Yoro
$734
371 km or 230 mi Balancan
$737
407 km or 253 mi Belize City
$877
422 km or 262 mi La Ceiba
$650
428 km or 266 mi Chinandega
$638
439 km or 273 mi Caye Caulker
$1573
454 km or 282 mi Villahermosa
$865
459 km or 285 mi San Pedro Town
$1333

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1249
16 km or 9.9 mi Tocumen
$1231
26 km or 16 mi Pacora
$1249
34 km or 21 mi La Chorrera
$953
59 km or 37 mi Colon
$1182
108 km or 67 mi Penonome
$1098
154 km or 96 mi Chitre
$1091
190 km or 118 mi Santiago de Veraguas
$1056
321 km or 199 mi Turbo
$634
329 km or 204 mi David
$833
398 km or 247 mi Monteria
$620
403 km or 250 mi Limon
$1201
406 km or 252 mi Santa Cruz de Lorica
$638
452 km or 281 mi Sincelejo
$506
463 km or 288 mi Cartagena
$748
483 km or 300 mi Quibdo
$661
494 km or 307 mi Cartago
$961
513 km or 319 mi San Jose
$1239
518 km or 322 mi Heredia
$1246
521 km or 324 mi Magangue
$582
526 km or 327 mi Bello
$789
529 km or 329 mi Alajuela
$1233
530 km or 329 mi Medellin
$873
534 km or 332 mi Envigado
$871
558 km or 347 mi Soledad
$840
559 km or 348 mi Barranquilla
$789
595 km or 370 mi Puntarenas
$1277
617 km or 383 mi Cartago
$619
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$653
627 km or 390 mi Santa Teresa
$1310
627 km or 390 mi Pereira
$641
631 km or 392 mi Santa Marta
$979
632 km or 393 mi Buenaventura
$718
636 km or 395 mi Minca
$863
651 km or 404 mi Salento
$562
652 km or 405 mi Armenia
$541
657 km or 408 mi Tulua
$477
658 km or 409 mi Barrancabermeja
$573
675 km or 419 mi Liberia
$898