Cost of Living in Guatemala
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.
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," said one expat 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:
"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.
"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 expat in Guatemala.
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," said 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," said one expat.
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.
Other Questions:
- What do I need to know before moving to Guatemala?
- How do I find a place to live in Guatemala?
- What is a typical expat home or apartment like in Guatemala?
- What is the average cost of housing in Guatemala?
- Should I buy or rent a home in Guatemala?
- What should I pack when moving to Guatemala?
- What cultural faux pas should I try to avoid making in Guatemala?
- Why do people move to Guatemala?
- How are healthcare services in Guatemala?
- What are medical services in Guatemala like?
- What are typical rents in Guatemala?
- What appliances are typically included in a rental?