Guatemala City vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Guatemala City	Reykjavik
🚶 Cost of living one person	$1070	$2938
👨‍👩‍👧‍👦 Cost of living Family	$2666	$5875
🏠 One person rent	$503	$1801
🏘️ Family rent	$971	$2674
🍽️ Food expenses	$383	$827
🚐 Transport expenses	$67.1	$90.1
💳 Monthly salary after tax	$457	$3761
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	3 km	4 km
🎓 Higher education	55	53
😀 Quality of life	50	89
🏙️ Population	1.21M	140K

The cost of living in Guatemala City is 64% less expensive than in Reykjavik. Cities ranked 5029th and 200th ($1070 vs $2938) in the list of the most expensive cities in the world and ranked 1st and 1st in Guatemala and Iceland, respectively. Check Guatemala vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.4 months in Guatemala City compared to 1.3 months in Reykjavik. Guatemala City ranked 1st best city to live in Guatemala vs Reykjavik ranked 1st in Iceland, while ranked 6217th and 194th among best cities to live in the world.

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Cost of living in Guatemala City vs Reykjavik infographic

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<img src="https://livingcost.org/assets/photo/cost/guatemala-city/reykjavik.jpg" alt="Cost of living in Guatemala City vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/guatemala-city/reykjavik" target="_blank">Guatemala City vs Reykjavik - Cost of Living Comparison</a></p>

Prices in Guatemala City vs Reykjavik

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

	Guatemala City	Reykjavik
Eating Out
🍱 Lunch Menu	$5.19	$21.5
🥂 Dinner in a Restaurant, for 2	$50	$137
🥪 Fast food meal, equiv. McDonald's	$6.46	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.9	$10.8
☕ Cappuccino	$3.35	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.23	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$610	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$362	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1350	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$730	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$47.7	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$73.2	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$43.9	$71.4
🏦 Mortgage Interest Rate for 20 Years	9.34%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1636	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1002	$5599
Transportation
🚌 Local transport ticket	$1.17	$4.52
🎟️ Monthly ticket local transport	$13.6	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$8.77	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.08	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$2.04	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$3.29	$3.74
🍚 Rice, 1 kg or 2.2 lb	$2.01	$3.24
🥚 Eggs, x12	$2.55	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$7.63	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$7.92	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$10.9	$37
🍏 Apples, 1 kg or 2.2 lb	$3.74	$2.94
🍌 Banana, 1 kg or 2.2 lb	$1.76	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$3.41	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$1.96	$4.73
🥔 Potato, 1 kg or 2.2 lb	$1.71	$3.26
🧅 Onion, 1 kg or 2.2 lb	$2.54	$2.11
🌊 Water, 1 L or 1 qt	$0.81	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.54	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$7.73	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$1.85	$3.26
🚬 Cigarette pack	$3.62	$12.3
💊 Cold medicince, 1 week	$8.08	$10.4
🧴 Hair Shampoo	$5.97	$5.23
🧻 Toilet paper, 4 rolls	$2.66	$4.55
👄 Toothpaste, 1 tube	$2.93	$3.2
Other
🏋️ Gym Membership, 1 month	$49.5	$73.2
🎫 Cinema Ticket, 1 person	$7.73	$15.9
👩‍⚕️ Doctor's visit	$41.1	$82.2
💇 Haircut, simple	$20	$45.6
👖 Brand Jeans	$46.4	$128
👟 Brand Sneakers	$121	$162
👶 Daycare or Preschool, 1 month	$214	$279
🏫 International Primary School, 1 year	$5937	$2532

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Guatemala City

Distance	City	Cost of living
10 km or 6.2 mi	Mixco	$653
13 km or 7.9 mi	San Miguel Petapa	$941
58 km or 36 mi	Jalapa	$936
69 km or 43 mi	Panajachel	$819
99 km or 61 mi	Coban	$916
105 km or 65 mi	Mazatenango	$886
106 km or 66 mi	Ahuachapan	$1449
107 km or 66 mi	Momostenango	$881
109 km or 68 mi	Quetzaltenango	$784
128 km or 79 mi	Santa Ana	$698
132 km or 82 mi	Sonsonate	$884
169 km or 105 mi	Santa Tecla	$1194
170 km or 106 mi	Apopa	$1160
171 km or 106 mi	Mejicanos	$1175
175 km or 109 mi	Soyapango	$1182
176 km or 109 mi	San Salvador	$1204
190 km or 118 mi	Tapachula	$632
264 km or 164 mi	Usulutan	$1083
267 km or 166 mi	Flores	$878
281 km or 174 mi	Villanueva	$897
282 km or 175 mi	San Miguel	$1088
285 km or 177 mi	San Pedro Sula	$1047
294 km or 183 mi	Choloma	$719
295 km or 183 mi	La Lima	$897
306 km or 190 mi	El Progreso	$903
310 km or 193 mi	Comayagua	$753
310 km or 193 mi	Puerto Cortes	$788
323 km or 201 mi	San Ignacio	$1034
327 km or 203 mi	San Cristobal de las Casas	$667
349 km or 217 mi	Belmopan	$973
362 km or 225 mi	Tegucigalpa	$863
366 km or 227 mi	Tuxtla Gutierrez	$619
369 km or 229 mi	Yoro	$755
371 km or 230 mi	Balancan	$728
407 km or 253 mi	Belize City	$883
422 km or 262 mi	La Ceiba	$626
428 km or 266 mi	Chinandega	$638
439 km or 273 mi	Caye Caulker	$1581
454 km or 282 mi	Villahermosa	$869
459 km or 285 mi	San Pedro Town	$1358

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$2802
9.8 km or 6.1 mi	Hafnarfjorur	$2817
38 km or 24 mi	Keflavik	$2355
247 km or 153 mi	Akureyri	$2678
795 km or 494 mi	Torshavn	$1828
1204 km or 748 mi	Inverness	$1722
1230 km or 764 mi	Elgin	$1393
1300 km or 808 mi	Derry	$1390
1309 km or 813 mi	Greenock	$1601
1321 km or 821 mi	Aberdeen	$1614
1325 km or 823 mi	Perth	$1500
1328 km or 825 mi	Stirling	$1604
1331 km or 827 mi	Paisley	$1765
1333 km or 828 mi	Alloa	$1649
1337 km or 831 mi	Glasgow	$2011
1339 km or 832 mi	Dundee	$1482
1340 km or 833 mi	Omagh	$1562
1341 km or 833 mi	Cumbernauld	$1475
1342 km or 834 mi	Irvine	$1551
1348 km or 838 mi	East Kilbride	$1763
1349 km or 838 mi	Kilmarnock	$1480
1351 km or 839 mi	Dunfermline	$1692
1353 km or 841 mi	Hamilton	$1699
1357 km or 843 mi	Ayr	$1404
1360 km or 845 mi	Kirkcaldy	$1610
1365 km or 848 mi	Livingston	$1608
1372 km or 852 mi	Edinburgh	$2140
1382 km or 859 mi	Newtownabbey	$1692
1387 km or 862 mi	Belfast	$1755
1390 km or 864 mi	Bangor	$1382
1391 km or 864 mi	Lisburn	$1713
1401 km or 871 mi	Alesund	$1603
1413 km or 878 mi	Galway	$2297
1425 km or 886 mi	Dundalk	$1767
1431 km or 889 mi	Dumfries	$1246
1433 km or 891 mi	Nuuk	$2031
1441 km or 895 mi	Molde	$1813
1454 km or 903 mi	Kristiansund	$1700
1455 km or 904 mi	Drogheda	$2628
1455 km or 904 mi	Bergen	$2006