Guatemala City vs Panama City - Cost of Living Comparison

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Livingcost

Guatemala City Panama City
🚶 Cost of living one person
$1129
$1560
👨‍👩‍👧‍👦 Cost of living Family
$2676
$3547
🏠 One person rent
$537
$943
🏘️ Family rent
$912
$1558
🍽️ Food expenses
$390
$429
🚐 Transport expenses
$88.4
$78.4
💳 Monthly salary after tax
$460
$982
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
3 km
7 km
🎓 Higher education
55
43
😀 Quality of life
56
71
🏙️ Population
1.21M
410K

The cost of living in Guatemala City is 28% less expensive than in Panama City. Cities ranked 4878th and 3737th ($1129 vs $1560) 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 0.4 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 6209th and 3765th 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
$5.55
$10.6
🥂 Dinner in a Restaurant, for 2
$50.4
$45.7
🥪 Fast food meal, equiv. McDonald's
$6.45
$8.08
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.27
$2.93
☕ Cappuccino
$3.38
$4.03
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.17
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$666
$1015
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$385
$759
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1209
$1675
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$685
$1306
🔌 Utility Bill one person, electricity, heating, water, etc.
$49.5
$86.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$76
$133
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$46.6
$45.5
🏦 Mortgage Interest Rate for 20 Years
8.87%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1643
$2662
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$992
$1618
Transportation
🚌 Local transport ticket
$1.3
$0.35
🎟️ Monthly ticket local transport
$13.6
$23.2
🚕 Taxi Ride, 8 km or 5 mi
$14
$20.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.08
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$2.09
$1.79
🍞 Bread, 0.5 kg or 1.1 lb
$3.1
$2.25
🍚 Rice, 1 kg or 2.2 lb
$2.49
$2.11
🥚 Eggs, x12
$2.57
$3.17
🧀 Cheese, 1 kg or 2.2 lb
$7.96
$11.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.48
$6.81
🥩 Round Steak, 1 kg or 2.2 lb
$11.9
$9.86
🍏 Apples, 1 kg or 2.2 lb
$3.91
$3.27
🍌 Banana, 1 kg or 2.2 lb
$1.69
$1.52
🍊 Oranges, 1 kg or 2.2 lb
$3.1
$3.27
🍅 Tomato, 1 kg or 2.2 lb
$1.92
$3.05
🥔 Potato, 1 kg or 2.2 lb
$1.73
$2.34
🧅 Onion, 1 kg or 2.2 lb
$2.68
$3.26
🌊 Water, 1 L or 1 qt
$0.84
$1.05
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$2.44
🍾 Wine (mid-priced), 750 mL bottle
$8.18
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$1.66
$1.38
🚬 Cigarette pack
$4.1
$5.92
💊 Cold medicince, 1 week
$6.01
$8.17
🧴 Hair Shampoo
$8.05
$8.06
🧻 Toilet paper, 4 rolls
$3.09
$2.98
👄 Toothpaste, 1 tube
$2.48
$3.05
Other
🏋️ Gym Membership, 1 month
$48.9
$42.6
🎫 Cinema Ticket, 1 person
$7.19
$7.32
👩‍⚕️ Doctor's visit
$42.4
$58.4
💇 Haircut, simple
$16.1
$14.3
👖 Brand Jeans
$51.7
$54
👟 Brand Sneakers
$123
$91.3
👶 Daycare or Preschool, 1 month
$231
$477
🏫 International Primary School, 1 year
$5911
$15637

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
$665
13 km or 7.9 mi San Miguel Petapa
$1018
58 km or 36 mi Jalapa
$1009
69 km or 43 mi Panajachel
$842
99 km or 61 mi Coban
$931
105 km or 65 mi Mazatenango
$912
106 km or 66 mi Ahuachapan
$1436
107 km or 66 mi Momostenango
$911
109 km or 68 mi Quetzaltenango
$847
128 km or 79 mi Santa Ana
$695
132 km or 82 mi Sonsonate
$883
169 km or 105 mi Santa Tecla
$1182
170 km or 106 mi Apopa
$1238
171 km or 106 mi Mejicanos
$1262
175 km or 109 mi Soyapango
$1273
176 km or 109 mi San Salvador
$1362
190 km or 118 mi Tapachula
$710
264 km or 164 mi Usulutan
$1090
267 km or 166 mi Flores
$915
281 km or 174 mi Villanueva
$801
282 km or 175 mi San Miguel
$1097
285 km or 177 mi San Pedro Sula
$989
294 km or 183 mi Choloma
$661
295 km or 183 mi La Lima
$791
306 km or 190 mi El Progreso
$780
310 km or 193 mi Comayagua
$739
310 km or 193 mi Puerto Cortes
$719
323 km or 201 mi San Ignacio
$1053
327 km or 203 mi San Cristobal de las Casas
$745
349 km or 217 mi Belmopan
$1007
362 km or 225 mi Tegucigalpa
$836
366 km or 227 mi Tuxtla Gutierrez
$715
369 km or 229 mi Yoro
$729
371 km or 230 mi Balancan
$852
407 km or 253 mi Belize City
$936
422 km or 262 mi La Ceiba
$627
428 km or 266 mi Chinandega
$770
439 km or 273 mi Caye Caulker
$1569
454 km or 282 mi Villahermosa
$975
459 km or 285 mi San Pedro Town
$1366

Cities near Panama City

Distance City Cost of living
8.1 km or 5 mi Balboa
$1400
16 km or 9.9 mi Tocumen
$1377
26 km or 16 mi Pacora
$1371
34 km or 21 mi La Chorrera
$981
59 km or 37 mi Colon
$1188
108 km or 67 mi Penonome
$1150
154 km or 96 mi Chitre
$1150
190 km or 118 mi Santiago de Veraguas
$1122
321 km or 199 mi Turbo
$721
329 km or 204 mi David
$925
398 km or 247 mi Monteria
$663
403 km or 250 mi Limon
$1288
406 km or 252 mi Santa Cruz de Lorica
$715
452 km or 281 mi Sincelejo
$547
463 km or 288 mi Cartagena
$1105
483 km or 300 mi Quibdo
$708
494 km or 307 mi Cartago
$1241
513 km or 319 mi San Jose
$1398
518 km or 322 mi Heredia
$1335
521 km or 324 mi Magangue
$667
526 km or 327 mi Bello
$881
529 km or 329 mi Alajuela
$1303
530 km or 329 mi Medellin
$1030
534 km or 332 mi Envigado
$950
558 km or 347 mi Soledad
$883
559 km or 348 mi Barranquilla
$843
595 km or 370 mi Puntarenas
$821
617 km or 383 mi Cartago
$679
617 km or 383 mi Cienaga
$831
623 km or 387 mi Manizales
$678
627 km or 390 mi Santa Teresa
$1236
627 km or 390 mi Pereira
$730
631 km or 392 mi Santa Marta
$929
632 km or 393 mi Buenaventura
$782
636 km or 395 mi Minca
$847
651 km or 404 mi Salento
$655
652 km or 405 mi Armenia
$667
657 km or 408 mi Tulua
$511
658 km or 409 mi Barrancabermeja
$1082
675 km or 419 mi Liberia
$953