Guatemala City vs Panama City - Cost of Living Comparison

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Livingcost

Guatemala City Panama City
🚶 Cost of living one person
$1204
$1590
👨‍👩‍👧‍👦 Cost of living Family
$2718
$3556
🏠 One person rent
$614
$946
🏘️ Family rent
$940
$1545
🍽️ Food expenses
$389
$439
🚐 Transport expenses
$92.7
$100
💳 Monthly salary after tax
$374
$973
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
3 km
7 km
🎓 Higher education
56
42
😀 Quality of life
42
71
🏙️ Population
995K
1.54M

The cost of living in Guatemala City is 24% less expensive than in Panama City. Cities ranked 4747th and 3634th ($1204 vs $1590) 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 7564th and 3213th 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
$7.24
$9.69
🥂 Dinner in a Restaurant, for 2
$39.8
$45.4
🥪 Fast food meal, equiv. McDonald's
$7.55
$8.03
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.32
$2.93
☕ Cappuccino
$3.84
$4.3
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.1
$1.82
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$732
$1068
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$468
$747
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1299
$1913
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$699
$1223
🔌 Utility Bill one person, electricity, heating, water, etc.
$49.1
$90.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$76.7
$140
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44.1
$44.6
🏦 Mortgage Interest Rate for 20 Years
11.52%
6.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2026
$3111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1095
$1732
Transportation
🚌 Local transport ticket
$1.3
$0.35
🎟️ Monthly ticket local transport
$18.3
$22.5
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.21
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$2.09
$1.83
🍞 Bread, 0.5 kg or 1.1 lb
$2.58
$2.17
🍚 Rice, 1 kg or 2.2 lb
$1.9
$2.34
🥚 Eggs, x12
$2.7
$3.11
🧀 Cheese, 1 kg or 2.2 lb
$8.58
$12.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$9
$7.11
🥩 Round Steak, 1 kg or 2.2 lb
$13.4
$10.6
🍏 Apples, 1 kg or 2.2 lb
$3.55
$3.56
🍌 Banana, 1 kg or 2.2 lb
$1.8
$1.54
🍊 Oranges, 1 kg or 2.2 lb
$3.22
$3.7
🍅 Tomato, 1 kg or 2.2 lb
$1.66
$3.36
🥔 Potato, 1 kg or 2.2 lb
$2.05
$2.62
🧅 Onion, 1 kg or 2.2 lb
$2.34
$3.19
🌊 Water, 1 L or 1 qt
$0.74
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.37
$2.37
🍾 Wine (mid-priced), 750 mL bottle
$9.08
$12.1
🍺 Beer, 0.5 L or 16 fl oz
$1.69
$1.35
🚬 Cigarette pack
$4.02
$5.95
💊 Cold medicince, 1 week
$6.29
$8.08
🧴 Hair Shampoo
$6.94
$7.95
🧻 Toilet paper, 4 rolls
$2.69
$2.92
👄 Toothpaste, 1 tube
$2.5
$3.05
Other
🏋️ Gym Membership, 1 month
$46.2
$41.9
🎫 Cinema Ticket, 1 person
$6.47
$7.52
👩‍⚕️ Doctor's visit
$42.3
$42.9
💇 Haircut, simple
$12.8
$14.5
👖 Brand Jeans
$56.2
$58.4
👟 Brand Sneakers
$119
$90.7
👶 Daycare or Preschool, 1 month
$308
$505
🏫 International Primary School, 1 year
$6759
$11486

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
$790
13 km or 7.9 mi San Miguel Petapa
$1127
58 km or 36 mi Jalapa
$1130
69 km or 43 mi Panajachel
$951
99 km or 61 mi Coban
$935
105 km or 65 mi Mazatenango
$962
106 km or 66 mi Ahuachapan
$1476
107 km or 66 mi Momostenango
$960
109 km or 68 mi Quetzaltenango
$871
128 km or 79 mi Santa Ana
$770
132 km or 82 mi Sonsonate
$905
169 km or 105 mi Santa Tecla
$1183
170 km or 106 mi Apopa
$1231
171 km or 106 mi Mejicanos
$1254
175 km or 109 mi Soyapango
$1261
176 km or 109 mi San Salvador
$1291
190 km or 118 mi Tapachula
$775
264 km or 164 mi Usulutan
$1123
267 km or 166 mi Flores
$1014
281 km or 174 mi Villanueva
$860
282 km or 175 mi San Miguel
$1132
285 km or 177 mi San Pedro Sula
$1004
294 km or 183 mi Choloma
$681
295 km or 183 mi La Lima
$854
306 km or 190 mi El Progreso
$832
310 km or 193 mi Comayagua
$678
310 km or 193 mi Puerto Cortes
$767
323 km or 201 mi San Ignacio
$1049
327 km or 203 mi San Cristobal de las Casas
$809
349 km or 217 mi Belmopan
$1008
362 km or 225 mi Tegucigalpa
$909
366 km or 227 mi Tuxtla Gutierrez
$766
369 km or 229 mi Yoro
$756
371 km or 230 mi Balancan
$915
407 km or 253 mi Belize City
$941
422 km or 262 mi La Ceiba
$619
428 km or 266 mi Chinandega
$791
439 km or 273 mi Caye Caulker
$1574
454 km or 282 mi Villahermosa
$1045
459 km or 285 mi San Pedro Town
$1367

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1396
16 km or 9.9 mi Tocumen
$1373
26 km or 16 mi Pacora
$1361
34 km or 21 mi La Chorrera
$982
59 km or 37 mi Colon
$1185
108 km or 67 mi Penonome
$1147
154 km or 96 mi Chitre
$1144
190 km or 118 mi Santiago de Veraguas
$1112
321 km or 199 mi Turbo
$797
329 km or 204 mi David
$909
398 km or 247 mi Monteria
$733
403 km or 250 mi Limon
$1228
406 km or 252 mi Santa Cruz de Lorica
$789
452 km or 281 mi Sincelejo
$586
463 km or 288 mi Cartagena
$1186
483 km or 300 mi Quibdo
$802
494 km or 307 mi Cartago
$1361
513 km or 319 mi San Jose
$1574
518 km or 322 mi Heredia
$1471
521 km or 324 mi Magangue
$727
526 km or 327 mi Bello
$1012
529 km or 329 mi Alajuela
$1362
530 km or 329 mi Medellin
$1162
534 km or 332 mi Envigado
$1041
558 km or 347 mi Soledad
$967
559 km or 348 mi Barranquilla
$931
595 km or 370 mi Puntarenas
$872
617 km or 383 mi Cartago
$769
617 km or 383 mi Cienaga
$882
623 km or 387 mi Manizales
$737
627 km or 390 mi Santa Teresa
$1325
627 km or 390 mi Pereira
$862
631 km or 392 mi Santa Marta
$973
632 km or 393 mi Buenaventura
$856
636 km or 395 mi Minca
$891
651 km or 404 mi Salento
$749
652 km or 405 mi Armenia
$749
657 km or 408 mi Tulua
$563
658 km or 409 mi Barrancabermeja
$1001
675 km or 419 mi Liberia
$1024