Cost of Living in Panajachel, Guatemala

Last updated on Apr 15, 2023

Summary: The cost of living in Panajachel, Guatemala is relatively low compared to other countries. A nice 1 bedroom apartment can cost anywhere from $200 to $400 per month, while a nice 2 bedroom apartment can cost anywhere from $400 to $600 per month. Dinner at a moderately priced restaurant can cost anywhere from $10 to $20 per person.

Is the cost of living in Panajachel high?

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

"The cost of living in Panajachel is relatively low compared to other cities in the region. Basic necessities such as food, transportation, and housing are all relatively inexpensive. Eating out at restaurants is also quite affordable, with meals costing around $5-10 USD. Utilities such as electricity and water are also quite affordable, with monthly bills typically ranging from $20-50 USD. Overall, Panajachel is a great place to live for those looking for a low cost of living," explained one expat living in Panajachel.

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About the Author

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.