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Guatemala City, Guatemala

Cost of Living in Guatemala

By Joshua Wood, LPC

Last updated on Jan 10, 2024

Summary: The cost of living in Guatemala is generally considered to be quite affordable. A nice one bedroom apartment in Guatemala can cost anywhere from $400 to $800 per month in US Dollars, while a nice two bedroom apartment can cost anywhere from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Guatemala is usually around $10 to $15 per person in US Dollars.

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Is the cost of living in Guatemala high?

We asked people how much they someone comfortably live on in Guatemala, they wrote:

"The cost of living in Guatemala is generally quite affordable. Basic necessities such as food, transportation, and housing are relatively inexpensive compared to other countries in the region. Eating out at restaurants is also quite affordable, with meals costing around $5-10 USD. Utilities such as electricity and water are also relatively inexpensive. Overall, Guatemala is a great place to live if you are looking for an affordable lifestyle," remarked one in Guatemala.

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Will I save money living in Guatemala?

"Living in Guatemala can be significantly cheaper than living in the United States. The cost of living in Guatemala is much lower than in the United States, with basic necessities such as food, transportation, and housing costing significantly less. Additionally, the cost of entertainment and leisure activities is also much lower in Guatemala than in the United States. As a result, living in Guatemala can be a great way to save money compared to living in the United States," said one expat in Guatemala.

What is the average cost of housing in Guatemala?

If you are thinking about moving to Guatemala, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Guatemala varies greatly depending on the location and type of housing. Generally, the cost of renting an apartment in Guatemala City is higher than in other parts of the country, with prices ranging from around $200 to $1,000 per month. Outside of the capital, the cost of renting an apartment is usually much lower, with prices ranging from around $50 to $500 per month. The cost of buying a house in Guatemala is also quite varied, with prices ranging from around $50,000 to $500,000," remarked one in Guatemala.

"Hi. Regarding outdoor activities, a good application, if haven't already downloaded it, is Wikiloc. Members post info about treking hiking and biking trails in places all over the world, with practical information. Degree of risk, length, time to cover and features. Could be helpful for discovering what is good in Guate," explained one expat.

"Lower. It only cost US $13,000 to build a nice house. Electricity is about $40 a month and there is no running water," said one person in Salama.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What are typical rental prices for expats in Guatemala?

"The rental price for a nice 1 bedroom apartment in Guatemala can range from around $400 to $800 per month, while a nice 2 bedroom apartment can range from around $600 to $1,200 per month," wrote one expat.

What appliances are typically included in a rental?

We asked foreigners in Guatemala what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Guatemala, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, some landlords may also provide furniture and other amenities," commented one expat who moved to Guatemala.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Guatemala City, Guatemala
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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