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Panajachel, Guatemala

Cigna Global Health
Cigna Global Health
Cigna Global Health
Cigna Global Health

By Joshua Wood, LPC

Last updated on Apr 14, 2023

Summary: People describe Panajachel, Guatemala as a picturesque lakeside town with a vibrant culture and stunning views of Lake Atitlan. Expats love the laid-back atmosphere, the friendly locals, and the abundance of outdoor activities. The weather in Panajachel is generally mild, with temperatures ranging from the mid-50s to the mid-80s Fahrenheit. The average cost of living for an expat is estimated to be around $1,500 to $2,000 per month. The cost of a one bedroom apartment is around $400 to $600 per month, while a two bedroom apartment can cost up to $800 per month. The approximate population of Panajachel is around 25,000 people.

What do I need to know about living in Panajachel?

When we asked people what advice they would give someone preparing to move to Panajachel, they said:

"Before retiring in Panajachel, expats should be aware that the cost of living is relatively low compared to other countries. It is important to research the local laws and regulations to ensure that all necessary paperwork is in order. Additionally, expats should be aware that the local language is Spanish, so it is beneficial to learn some basic Spanish before moving to the area. It is also important to research the local healthcare system and ensure that adequate medical care is available. Finally, expats should be aware that the climate in Panajachel is generally warm and humid, so it is important to be prepared for the weather," remarked one expat living in Panajachel, Guatemala.

"Be prepared to live a different life style. Life is affordable, help is affordable. Slower pace," wrote one member in Panajachel.

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What do I need to know before moving to Panajachel?

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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.

Allianz Care
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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

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